Global Solar Street Lighting Market to Grow 20% till 2024 - Energy Watch News


Global Solar Street Lighting Market to Grow 20% till 2024


Solar street lighting market size is expected to exceed US$ 15 billion by 2024, according to a new research report by Global Market Insights, Inc. Increasing electricity demand owing to rising consumption is expected to fuel industry growth. Global solar street lighting market size is further segregated on product basis as standalone and grid connected. Standalone product accounted for over 89% of global installation in 2015 owing to increasing demand for clean fuel energy couple with increasing off grid population across the region. In addition, decreasing component cost will subsequently reduce the overall product price by 70%. http://bizled.co.in/global-solar-street-lighting-market-to-grow-20-till-2024/

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