Global Hybrid Street Lighting Systems Market to Grow at a CAGR of 7% by 2021: Growing Demand for Hybrid Power Sources to Reduce Dependence on the Grid - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Hybrid Street Lighting Systems Market 2017-2021" report to their offering.

The global hybrid street lighting systems market to grow at a CAGR of 7.02% during the period 2017-2021.

The report, Global Hybrid Street Lighting Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is growing urbanization. Rapid industrial development has changed the social and economic structure of the society with the transformation of an agrarian-based society to an industrial society. It has also driven the migration of the population from urban to rural areas.

According to the report, one driver in the market is demand for hybrid power sources to reduce dependence on the grid. Street lighting is provided by the local utilities. A substantial amount of money is being spent on lighting up the streets and public places during the evening and night to keep the pedestrians safe. Therefore, to reduce the energy bills, local municipalities are using off-grid systems. For instance, a standalone renewable system from a single source of renewable energy would be unreliable due to its intermittent nature.

Key vendors

  • Eolgreen
  • Guangzhou HY Energy Technology
  • Phono Solar
  • Shanghai Ghrepower Green Energy
  • UGE

Other prominent vendors

  • Airsynergy
  • Bridgelux
  • Covimed Solar
  • Deepa Solar Systems
  • Dongguan Link Light Solar Energy Science & Tech
  • Others

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by product

PART 07: Geographical segmentation

PART 08: Decision framework

PART 09: Drivers and challenges

PART 10: Market trends

PART 11: Vendor landscape

PART 12: Key vendor analysis

PART 13: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/hxqqp8/global_hybrid

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Lighting Equipment

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Lighting Equipment