Hybrid Street Lighting Systems Market (Updated Version Available)

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 report offers detailed coverage of Hybrid Street Lighting Systems industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Hybrid Street Lighting Systems by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Hybrid Street Lighting Systems market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.

First, this report covers the present status and the future prospects of the global Hybrid Street Lighting Systems market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Eolgreen
Guangzhou HY Energy Technology
Phono Solar
Shanghai Ghrepower Green Energy
UGE
By the product type, the market is primarily split into
Solar Energy Hybrid
Wind Energy Hybrid
Both Wind and Solar Energy Hybrid
Others
By the end users/application, this report covers the following segments
Infrastructure
Shopping Plaza
Industrial Area
Public Road
Others


At the same time, we classify Hybrid Street Lighting Systems according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Hybrid Street Lighting Systems market for the forecast period 2020 - 2025?
• What are the driving forces in the Hybrid Street Lighting Systems market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Hybrid Street Lighting Systems industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?