Solar Street Lighting Market to be driven by rising need of nonpolluting source of electricity: Transparency Market Research

Albany - NY, Oct. 21, 2015 (GLOBE NEWSWIRE) -- Outdoor street lighting units are used to illuminate a street or open areas via solar street lighting (SSL). Since their primary energy source is solar power, they operate in a stand-alone mode, therefore are not dependent on the general grid for any power requirements, whatsoever. Due to their dependency on sunlight, the lighting unit needs to be installed in a shadow-free area or a place where direct sunlight is available throughout the day to sufficiently charge the batteries for one working cycle. The standalone solar photovoltaic street lighting system comprises of a re-chargeable lead acid battery for storage, PV (photovoltaic) modules for charging the battery,Compact Fluorescent Lamp (CFL) as a light source, suitable electronics for the operation of the tamp and safe charging and discharging of the battery and mechanical hardware for fixing these sub systems. These lighting systems are available either with automatic dusk to dawn operation or with a pre-set timer. Tubular Batteries provided with the solar street lighting system require lower maintenance; have longer life and give better performance as compared to pasted plate batteries used earlier.The SPV modules are reported to have a service life of 15-20 years.

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Current market scenarios have prompted street light manufacturers to look for alternatives that are efficient and provide off-grid power solutions. This gives way to certain drivers that boost the solar street lighting market. One of the most important fundamentals involved with SSL is the fact that they provide a viable solution to street lighting in any terrain, irrespective of whether there is grid connectivity to that location or not. Secondly, they reduce energy load on the economy leading to more fiscal savings for the government as well as the taxpayers. Solar street lights also give the benefit of having negligible maintenance cost, no wiring or transformer costs as well as reduction in carbon footprint. Contrary to that, since this technology is relatively new, customers as well as industry stakeholders are not quite aware of the benefits of the technology yet which jeopardizes the decision making process. On a global level, this technology cannot be adopted everywhere as there is a definite need for sunlight, for the SSL systems to work. Moreover, the technology is still in the innovation phase and standardization of SSL systems has not been implemented thoroughly leading to over-designing, under-designing or the lack of quality. Since the technology is new and yet to create a substantial impact in many countries, it might take a few years before it is viable on a large-scale dimension which will lead to a wealth of opportunities for the market.

The solar street lighting market can be divided into many types, based on the application that they are used for, type of lighting and the location of the photovoltaic (PV) panels. County level street lights and/or solar traffic lights are two types under the application basis. Under types of lighting, there are Compact Fluorescent Lamps (CFL) and Light Emitting Diodes (LED). In certain locations, depending on the extent of the lighting involved, the PV panels are either located individually on the lighting panels itself or, if the area is large, the PV panels are centrally located.

Based on production, the geographical diversification of the solar street lighting industry is far and wide. Most production and implementation of SSL systems can be found in the Asia-Pacific domain, specifically China and India. The North American region is seeing a successful implementation of a lot of county-level projects in the southern states of the U.S. Such implementation has also borne fruit in the European cities as well as the Middle East.

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Some of the companies that operate in this industry are: Koninklijke Philips N.V., Solar Street Lights USA,ON Semiconductor, Su-Kam Power Systems Ltd., Greenshine New Energy,, Sol, Inc., Solar Lighting International Inc., Clear Blue Technologies,Solar Electric Power Company, and Silicon Solar.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include:

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America

This report provides comprehensive analysis of

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter's five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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Source:Transparency Market Research