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The solar lighting system demand at a global level is surging at a significant rate. Numerous key drivers that are responsible for the growth of the solar lighting system include a rise in demand for renewable and clean energy, easy installation, low maintenance, and utility cost. <br><br>Visit: https://www.gmiresearch.com/report/global-solar-lighting-system-market/
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Report Title Solar Lighting System Market – Opportunities & Forecast, 2020- 2027 GMI Research GMI Research See the Future Insights 1
The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study. Key Drivers of the Solar Lighting System Market: The solar lighting system demand at a global level is surging at a significant rate. Numerous key drivers that are responsible for the growth of the solar lighting system include a rise in demand for renewable and clean energy, easy installation, low maintenance, and utility cost. The solar lighting system has raised efficiency, reduced cost of LEDs, and improvement in technology implemented, along with rigorous government regulations, are some of the factors fuelling the demand for solar lighting systems. These systems are economically competitive, where the grid connection is difficult, like hill stations, rural areas, and other regions. The on-grid and hybrid type of solar systems are responsible for upsurging the growth of the solar lighting system in the upcoming years as it provides the users the ability to save money through enhanced efficiency rates, net metering, also less expensive than off-grid systems, along with technological innovations as compared to the off-grid solar lighting systems. The drivers restraining the growth of the solar lighting system market include the high cost of material and installation, along with low availability. The shift in weather conditions and specific geographical locations will hamper the growth of the solar lighting system market. This report splits the Solar Lighting System Market as follows: By Component: •Hardware& Software •Services By Light Source: •CFL •LED 2
By Grid Type: •On-Grid •Off-Grid •Hybrid By Application: •Commercial •Residential •Industrial •Others By Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) Competitive Landscape: 3
The solar lighting system market report also scans the competitive landscape and profiles the major players operating in the market including Eaton Corporation Inc, Solar Electric Power Company, Signify Holding, Su-Kam Power Systems Ltd, Clear Blue Technologies Inc, SunMaster Solar Lighting Co. Ltd., Sol Inc., SolarOne Solutions Inc., Solar Lighting International, and Solar Street Lights USA, among others. About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries. Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve. 4