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Hybrid Street Lighting Systems-Global Market Insights and Sales Trends 2024
Synopsis
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 global Hybrid Street Lighting Systems market size is expected to reach US$ 1218 million by 2029, growing at a CAGR of 5.1% from 2023 to 2029. The market is mainly driven by the significant applications of Hybrid Street Lighting Systems in various end use industries. The expanding demands from the Infrastructure, Shopping Plaza, Industrial Area and Public Road, are propelling Hybrid Street Lighting Systems market. Solar Energy Hybrid, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Wind Energy Hybrid segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hybrid Street Lighting Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hybrid Street Lighting Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hybrid Street Lighting Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hybrid Street Lighting Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hybrid Street Lighting Systems covered in this report include Eolgreen, Guangzhou HY Energy Technology, Phono Solar, Shanghai Ghrepower Green Energy and UGE, etc.
The global Hybrid Street Lighting Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Eolgreen
Guangzhou HY Energy Technology
Phono Solar
Shanghai Ghrepower Green Energy
UGE
Global Hybrid Street Lighting Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hybrid Street Lighting Systems market, Segment by Type:
Solar Energy Hybrid
Wind Energy Hybrid
Both Wind and Solar Energy Hybrid
Others
Global Hybrid Street Lighting Systems market, by Application
Infrastructure
Shopping Plaza
Industrial Area
Public Road
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hybrid Street Lighting Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hybrid Street Lighting Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 global Hybrid Street Lighting Systems market size is expected to reach US$ 1218 million by 2029, growing at a CAGR of 5.1% from 2023 to 2029. The market is mainly driven by the significant applications of Hybrid Street Lighting Systems in various end use industries. The expanding demands from the Infrastructure, Shopping Plaza, Industrial Area and Public Road, are propelling Hybrid Street Lighting Systems market. Solar Energy Hybrid, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Wind Energy Hybrid segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Hybrid Street Lighting Systems, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Hybrid Street Lighting Systems market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Hybrid Street Lighting Systems market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hybrid Street Lighting Systems sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Hybrid Street Lighting Systems covered in this report include Eolgreen, Guangzhou HY Energy Technology, Phono Solar, Shanghai Ghrepower Green Energy and UGE, etc.
The global Hybrid Street Lighting Systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Eolgreen
Guangzhou HY Energy Technology
Phono Solar
Shanghai Ghrepower Green Energy
UGE
Global Hybrid Street Lighting Systems market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Hybrid Street Lighting Systems market, Segment by Type:
Solar Energy Hybrid
Wind Energy Hybrid
Both Wind and Solar Energy Hybrid
Others
Global Hybrid Street Lighting Systems market, by Application
Infrastructure
Shopping Plaza
Industrial Area
Public Road
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Hybrid Street Lighting Systems manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hybrid Street Lighting Systems in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Hybrid Street Lighting Systems Market Overview
1.1 Hybrid Street Lighting Systems Product Overview
1.2 Hybrid Street Lighting Systems Market Segment by Type
1.2.1 Solar Energy Hybrid
1.2.2 Wind Energy Hybrid
1.2.3 Both Wind and Solar Energy Hybrid
1.2.4 Others
1.3 Global Hybrid Street Lighting Systems Market Size by Type
1.3.1 Global Hybrid Street Lighting Systems Market Size Overview by Type (2018-2029)
1.3.2 Global Hybrid Street Lighting Systems Historic Market Size Review by Type (2018-2023)
1.3.3 Global Hybrid Street Lighting Systems Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Hybrid Street Lighting Systems Sales Breakdown by Type (2018-2023)
1.4.2 Europe Hybrid Street Lighting Systems Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Hybrid Street Lighting Systems Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Hybrid Street Lighting Systems Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Hybrid Street Lighting Systems Sales Breakdown by Type (2018-2023)
2 Global Hybrid Street Lighting Systems Market Competition by Company
2.1 Global Top Players by Hybrid Street Lighting Systems Sales (2018-2023)
2.2 Global Top Players by Hybrid Street Lighting Systems Revenue (2018-2023)
2.3 Global Top Players by Hybrid Street Lighting Systems Price (2018-2023)
2.4 Global Top Manufacturers Hybrid Street Lighting Systems Manufacturing Base Distribution, Sales Area, Product Type
2.5 Hybrid Street Lighting Systems Market Competitive Situation and Trends
2.5.1 Hybrid Street Lighting Systems Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Hybrid Street Lighting Systems Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Hybrid Street Lighting Systems as of 2022)
2.7 Date of Key Manufacturers Enter into Hybrid Street Lighting Systems Market
2.8 Key Manufacturers Hybrid Street Lighting Systems Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Hybrid Street Lighting Systems Status and Outlook by Region
3.1 Global Hybrid Street Lighting Systems Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Hybrid Street Lighting Systems Historic Market Size by Region
3.2.1 Global Hybrid Street Lighting Systems Sales in Volume by Region (2018-2023)
3.2.2 Global Hybrid Street Lighting Systems Sales in Value by Region (2018-2023)
3.2.3 Global Hybrid Street Lighting Systems Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Hybrid Street Lighting Systems Forecasted Market Size by Region
3.3.1 Global Hybrid Street Lighting Systems Sales in Volume by Region (2024-2029)
3.3.2 Global Hybrid Street Lighting Systems Sales in Value by Region (2024-2029)
3.3.3 Global Hybrid Street Lighting Systems Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Hybrid Street Lighting Systems by Application
4.1 Hybrid Street Lighting Systems Market Segment by Application
4.1.1 Infrastructure
4.1.2 Shopping Plaza
4.1.3 Industrial Area
4.1.4 Public Road
4.1.5 Others
4.2 Global Hybrid Street Lighting Systems Market Size by Application
4.2.1 Global Hybrid Street Lighting Systems Market Size Overview by Application (2018-2029)
4.2.2 Global Hybrid Street Lighting Systems Historic Market Size Review by Application (2018-2023)
4.2.3 Global Hybrid Street Lighting Systems Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Hybrid Street Lighting Systems Sales Breakdown by Application (2018-2023)
4.3.2 Europe Hybrid Street Lighting Systems Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Hybrid Street Lighting Systems Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Hybrid Street Lighting Systems Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Hybrid Street Lighting Systems Sales Breakdown by Application (2018-2023)
5 North America Hybrid Street Lighting Systems by Country
5.1 North America Hybrid Street Lighting Systems Historic Market Size by Country
5.1.1 North America Hybrid Street Lighting Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Hybrid Street Lighting Systems Sales in Volume by Country (2018-2023)
5.1.3 North America Hybrid Street Lighting Systems Sales in Value by Country (2018-2023)
5.2 North America Hybrid Street Lighting Systems Forecasted Market Size by Country
5.2.1 North America Hybrid Street Lighting Systems Sales in Volume by Country (2024-2029)
5.2.2 North America Hybrid Street Lighting Systems Sales in Value by Country (2024-2029)
6 Europe Hybrid Street Lighting Systems by Country
6.1 Europe Hybrid Street Lighting Systems Historic Market Size by Country
6.1.1 Europe Hybrid Street Lighting Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Hybrid Street Lighting Systems Sales in Volume by Country (2018-2023)
6.1.3 Europe Hybrid Street Lighting Systems Sales in Value by Country (2018-2023)
6.2 Europe Hybrid Street Lighting Systems Forecasted Market Size by Country
6.2.1 Europe Hybrid Street Lighting Systems Sales in Volume by Country (2024-2029)
6.2.2 Europe Hybrid Street Lighting Systems Sales in Value by Country (2024-2029)
7 Asia-Pacific Hybrid Street Lighting Systems by Region
7.1 Asia-Pacific Hybrid Street Lighting Systems Historic Market Size by Region
7.1.1 Asia-Pacific Hybrid Street Lighting Systems Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Hybrid Street Lighting Systems Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Hybrid Street Lighting Systems Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Hybrid Street Lighting Systems Forecasted Market Size by Region
7.2.1 Asia-Pacific Hybrid Street Lighting Systems Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Hybrid Street Lighting Systems Sales in Value by Region (2024-2029)
8 Latin America Hybrid Street Lighting Systems by Country
8.1 Latin America Hybrid Street Lighting Systems Historic Market Size by Country
8.1.1 Latin America Hybrid Street Lighting Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Hybrid Street Lighting Systems Sales in Volume by Country (2018-2023)
8.1.3 Latin America Hybrid Street Lighting Systems Sales in Value by Country (2018-2023)
8.2 Latin America Hybrid Street Lighting Systems Forecasted Market Size by Country
8.2.1 Latin America Hybrid Street Lighting Systems Sales in Volume by Country (2024-2029)
8.2.2 Latin America Hybrid Street Lighting Systems Sales in Value by Country (2024-2029)
9 Middle East and Africa Hybrid Street Lighting Systems by Country
9.1 Middle East and Africa Hybrid Street Lighting Systems Historic Market Size by Country
9.1.1 Middle East and Africa Hybrid Street Lighting Systems Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Hybrid Street Lighting Systems Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Hybrid Street Lighting Systems Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Hybrid Street Lighting Systems Forecasted Market Size by Country
9.2.1 Middle East and Africa Hybrid Street Lighting Systems Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Hybrid Street Lighting Systems Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Eolgreen
10.1.1 Eolgreen Company Information
10.1.2 Eolgreen Introduction and Business Overview
10.1.3 Eolgreen Hybrid Street Lighting Systems Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Eolgreen Hybrid Street Lighting Systems Products Offered
10.1.5 Eolgreen Recent Development
10.2 Guangzhou HY Energy Technology
10.2.1 Guangzhou HY Energy Technology Company Information
10.2.2 Guangzhou HY Energy Technology Introduction and Business Overview
10.2.3 Guangzhou HY Energy Technology Hybrid Street Lighting Systems Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Guangzhou HY Energy Technology Hybrid Street Lighting Systems Products Offered
10.2.5 Guangzhou HY Energy Technology Recent Development
10.3 Phono Solar
10.3.1 Phono Solar Company Information
10.3.2 Phono Solar Introduction and Business Overview
10.3.3 Phono Solar Hybrid Street Lighting Systems Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Phono Solar Hybrid Street Lighting Systems Products Offered
10.3.5 Phono Solar Recent Development
10.4 Shanghai Ghrepower Green Energy
10.4.1 Shanghai Ghrepower Green Energy Company Information
10.4.2 Shanghai Ghrepower Green Energy Introduction and Business Overview
10.4.3 Shanghai Ghrepower Green Energy Hybrid Street Lighting Systems Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Shanghai Ghrepower Green Energy Hybrid Street Lighting Systems Products Offered
10.4.5 Shanghai Ghrepower Green Energy Recent Development
10.5 UGE
10.5.1 UGE Company Information
10.5.2 UGE Introduction and Business Overview
10.5.3 UGE Hybrid Street Lighting Systems Sales, Revenue and Gross Margin (2018-2023)
10.5.4 UGE Hybrid Street Lighting Systems Products Offered
10.5.5 UGE Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Hybrid Street Lighting Systems Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Hybrid Street Lighting Systems Industrial Chain Analysis
11.4 Hybrid Street Lighting Systems Market Dynamics
11.4.1 Hybrid Street Lighting Systems Industry Trends
11.4.2 Hybrid Street Lighting Systems Market Drivers
11.4.3 Hybrid Street Lighting Systems Market Challenges
11.4.4 Hybrid Street Lighting Systems Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Hybrid Street Lighting Systems Distributors
12.3 Hybrid Street Lighting Systems Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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