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A hybrid street lighting system is a standalone outdoor lighting system used to illuminate an open area or a street. The hybrid street lights are powered by solar and wind energy. The hybrid street lighting system typically consists of a compact fluorescent lamp (CFL) or light-emitting diode (LED) fixed inside as a luminaire, which is mounted on a pole.
The rise in government support is one of the primary drivers for market growth. The increased collaboration between the local governments, international organizations, and regional non-governmental organizations (NGOs) are also expected to contribute to the growth of the hybrid street lighting market. The rise in support has been observed due to the technology improvements offering better living conditions for citizens, and many schemes have been put in place across Asia and Africa for the development of the market. Moreover, these schemes, announced by the governments provide subsidies and discounts to the projects focussed on growth and application of the solar lighting schemes, and it also guarantees no cutting down of profit margins for the vendors. Thus, the growth of the market in developing countries propels the hybrid street lighting systems market in the future.
The rising urbanization has been one of the latest trends that gain traction in the market. The mounting urbanization leads to governments increasing their services and facilities such as drinking water facility, street lighting, and waste management. In addition, the expansion of street light services will rise the power consumption and spending for the municipalities. However, adoption of off-grid technologies such as the hybrid street lighting systems in municipalities is also foreseen to propel the requirement for off-grid power systems, particularly in the emerging countries of Africa and Asia.
The global Hybrid Street Lighting Systems market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Hybrid Street Lighting Systems volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hybrid Street Lighting Systems market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Hybrid Street Lighting Systems in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Hybrid Street Lighting Systems manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Eolgreen
Guangzhou HY Energy Technology
Phono Solar
Shanghai Ghrepower Green Energy
UGE
...
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Solar Energy Hybrid
Wind Energy Hybrid
Both Wind and Solar Energy Hybrid
Others
Segment by Application
Infrastructure
Shopping Plaza
Industrial Area
Public Road
Others
The rise in government support is one of the primary drivers for market growth. The increased collaboration between the local governments, international organizations, and regional non-governmental organizations (NGOs) are also expected to contribute to the growth of the hybrid street lighting market. The rise in support has been observed due to the technology improvements offering better living conditions for citizens, and many schemes have been put in place across Asia and Africa for the development of the market. Moreover, these schemes, announced by the governments provide subsidies and discounts to the projects focussed on growth and application of the solar lighting schemes, and it also guarantees no cutting down of profit margins for the vendors. Thus, the growth of the market in developing countries propels the hybrid street lighting systems market in the future.
The rising urbanization has been one of the latest trends that gain traction in the market. The mounting urbanization leads to governments increasing their services and facilities such as drinking water facility, street lighting, and waste management. In addition, the expansion of street light services will rise the power consumption and spending for the municipalities. However, adoption of off-grid technologies such as the hybrid street lighting systems in municipalities is also foreseen to propel the requirement for off-grid power systems, particularly in the emerging countries of Africa and Asia.
The global Hybrid Street Lighting Systems market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Hybrid Street Lighting Systems volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hybrid Street Lighting Systems market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Hybrid Street Lighting Systems in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Hybrid Street Lighting Systems manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Eolgreen
Guangzhou HY Energy Technology
Phono Solar
Shanghai Ghrepower Green Energy
UGE
...
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Solar Energy Hybrid
Wind Energy Hybrid
Both Wind and Solar Energy Hybrid
Others
Segment by Application
Infrastructure
Shopping Plaza
Industrial Area
Public Road
Others
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
