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Global Solar Lighting Systems Market to Reach $11.2 Billion by 2026

Retrieved on: 
Thursday, March 10, 2022

SAN FRANCISCO, March 10, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Solar Lighting Systems - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, March 10, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Solar Lighting Systems - Global Market Trajectory & Analytics" .
  • Amid the COVID-19 crisis, the global market for Solar Lighting Systems estimated at US$6.7 Billion in the year 2022, is projected to reach a revised size of US$11.2 Billion by 2026, growing at a CAGR of 13% over the analysis period.
  • This segment currently accounts for a 36.6% share of the global Solar Lighting Systems market.
  • The U.S. Market is Estimated at $1.5 Billion in 2022, While China is Forecast to Reach $2.6 Billion by 2026
    The Solar Lighting Systems market in the U.S. is estimated at US$1.5 Billion in the year 2022.

$11.2 Solar Lighting Systems Markets - Global Trajectory & Analytics to 2026 - ResearchAndMarkets.com

Retrieved on: 
Monday, December 6, 2021

The "Solar Lighting Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Solar Lighting Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Solar Lighting Systems estimated at US$5.5 Billion in the year 2020, is projected to reach a revised size of US$11.2 Billion by 2026, growing at a CAGR of 13% over the analysis period.
  • This segment currently accounts for a 36.6% share of the global Solar Lighting Systems market.
  • The shift toward solar street lighting is expected to be further facilitated by numerous benefits of these systems over their counterpart traditional solutions.