Guangzhou Anern Energy Technology Co., Ltd.

The Worldwide Solar Street Lighting Industry is Expected to Reach $15.7 Billion by 2030

Oct 08, 2022
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    The global solar street lighting market held a market value of USD 3,972 million in 2021 and is estimated to reach USD 15,716.4 million by the year 2030. The market is projected to list a CAGR of 17.12% during the forecast period.


    The solar street lighting industry is projected to grow at a substantial rate owing to the increasing focus on smart city building, rising inclination towards solar energy and other green and clean energy initiatives, and the rising support from government and non-government agencies. For instance, in September 2018, South Korea signed a Letter of Intent with Malaysia, to build a smart city in Kota Kinabalu, capital of Sabah, Malaysia. Such moves aid the market growth of wholesale LED solar street light heavily.


    The Worldwide Solar Street Lighting Industry is Expected to Reach $15.7 Billion by 2030


    The Asia Pacific region is expected to hold the largest market share with a growth rate of more than 18% owing to the rising strategic developments by the companies operating in the market space.


    The European region is anticipated to grow at a steady rate owing to the rising awareness regarding solar energy generation alternatives. Moreover, the North American region is also expected to grow at a substantial rate. The Middle East and African solar LED street light market volume is expected to cross 45 million units by 2030.

    Andy Cao
    Andy Cao

    I’m Andy Cao, an energy engineer with over 16 years of hands-on experience in solar inverters, lithium battery energy storage, photovoltaic systems, and solar street lighting. I focus on real-world system performance and write to share practical, experience-based insights for professionals working in the solar energy industry.

    FAQ

    Do solar panels work on rainy days?

    Rain actually helps solar panels work more efficiently. This is because rain will wash away any dirt or dust that collects on the panels so they can absorb sunlight more efficiently. Anern's solar panels actually generate more electricity than you need during peak sunlight hours. This excess power can be used to provide additional power on  days or at night.

    Are Anern products certified for international markets?

    Anern solar energy products comply with international certification standards such as ISO 9001, CE, TUV, FCC, and ROHS, supporting deployment in different regional markets.

    Do you have local agents?

    At present we only do factory direct sales, welcome all customers to order directly from us.

    What solar applications use Anern energy storage systems?

    Anern's energy storage systems are used in the following solar applications:


    Residential Backup Power: 

    For home use during power outages, providing up to 6 hours of continuous power for average household consumption. These systems reduce grid reliance and electricity bills while storing excess solar energy.


    Commercial and Industrial Energy Management: 

    Installed in factories and businesses to store excess solar energy, reduce peak-hour grid consumption, and lower electricity costs. Systems are deployed in secure, ventilated locations for stability.


    Off-Grid Infrastructure: 

    Supports meteorological/hydrological observation equipment and other critical infrastructure in remote areas without grid coverage. Battery banks store solar energy converted via inverters for reliable operation.


    Agricultural Operations: 

    Powers farms by converting stored solar energy into AC electricity, maintaining agricultural activities during outages or grid instability.


    Large-Scale Solar Projects: 

    Used in independent photovoltaic power stations ranging from 10KW to 50MW capacity, enabled by parallel-connected hybrid inverters for solar energy conversion and storage.

    Can I order samples?

    Before placing bulk order, samples order for testing is acceptable. This allows customers to more intuitively understand the appearance and quality of Anern's products.

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