Solar street lighting market is a very large market, it contains a lot of sub-products, including solar modules, controllers, batteries, light sources, lamps, solar street lighting intelligent control system and so on. At present, the solar street lighting market has reached a relatively high level, although it has not yet reached the real large-scale popularization stage, but its growth rate and potential can not be underestimated.
I. Current situation of the global market
From a regional point of view, the Asia-Pacific region's solar street lighting market is the largest, at $1.43 billion. This was followed by Europe, North America and Latin America at $620 million, $480 million and $340 million, respectively. From the perspective of subdivision products, the proportion of solar street lighting is the largest, reaching 49.5%; Followed by solar modules accounted for 19.5%; Third, the intelligent control system of solar street lights accounted for 14.9%.
Solar street lighting market is a very large market
2.Market size
According to the "White Paper on the Development of China's Solar photovoltaic Industry" released by the China Electronic Chamber of Commerce, the global solar street lighting industry market size is about 12 billion US dollars in 2018, and is expected to grow to 22 billion US dollars by 2025.
3. Market competition pattern
From a global perspective, the competitive landscape of the solar street lighting industry is more dispersed, and there is no absolute oligopoly market. On a global scale, there are companies participating in the competition in every major market, of which the number of companies participating in the Chinese market is the largest, reaching more than 200. The United States, Europe, and Japan are dominated by a few giant companies.
From a global perspective, the current concentration of the global solar street lighting industry is relatively high, and the market share of the top five enterprises has exceeded 80%. China accounts for more than 50% of the global market share.
The competitive landscape of the solar street lighting industry is relatively scattered.
Development trend
From the perspective of development trends, the solar street lighting market will continue to grow rapidly in the next few years, mainly because:
First, the growing global energy demand provides a huge space for the development of the solar street lighting industry.
Second, the solar street lighting industry has formed a relatively complete industrial chain, providing the necessary technical support for the solar street lighting industry.
Third, with the attention of governments to the adjustment of energy structure and the implementation of energy conservation and emission reduction policies, the solar street lighting market will continue to maintain rapid growth in the next few years.
Fourth, with the continuous improvement of technical level and production process and the continuous improvement of related supporting facilities, solar street lighting products will be more and more intelligent, automated and humanized in the next few years.
Solar street lighting products will become more and more intelligent
Summary
With the intensification of global climate change, solar street lighting systems will be more and more widely used, and market demand will also show a rapid growth trend. At present, China's solar street lighting market has formed a certain scale, and the future development potential is huge.
