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Europe Solar Street Lighting Market
ID: MRFR/EnP/53955-HCR
200 Pages
June 2025
Europe Solar Street Lighting Market Research Report: By Type (Standalone, On Grid), By Product Type (Compact Fluorescent Lamps (CFL), Light Emitting Diode (LED)), By Application (Residential, Commercial, Industrial) and By Regional (Germany, UK, France, Russia, Italy, Spain, Rest of Europe) - Forecast to 2035
Industry Developments
The Europe Solar Street Lighting Market has seen notable advancements recently, with several key players making significant strides. EvoEnergy and Green Frog Systems have launched new solar street lighting solutions, focusing on sustainability and smart city integration. In terms of growth, the market is projected to expand, driven by increasing investments in renewable energy by governments across Europe. Notably, in March 2023, Signify announced its commitment to achieving a significant reduction in carbon emissions through its solar lighting technologies, impacting the market positively. Additionally, strategic mergers and acquisitions have been observed; for instance, in June 2023, Triton Solar acquired Luci, enhancing their product offerings in the solar lighting sector and creating a stronger market presence. The European market is also witnessing substantial technology development, encouraging innovation in solar lighting systems. Companies like Cree and Bsolar are investing heavily in Research and Development, further indicating the sector's growth potential. Overall, the focus on sustainability and smart technologies is shaping the future of solar street lighting across Europe, with increasing collaboration among key players driving the market forward.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 537.88(USD Million) |
| MARKET SIZE 2024 | 618.49(USD Million) |
| MARKET SIZE 2035 | 2298.05(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 12.673% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | EvoEnergy, Alpha Energy, Solar Street Lights USA, Green Frog Systems, Soltaico, Luci, Nempo, Signify, Triton Solar, Philips Lighting, Bsolar, Cree, Sungrow, Eaton, Schneider Electric |
| SEGMENTS COVERED | Type, Product Type, Application, Regional |
| KEY MARKET OPPORTUNITIES | Rising demand for renewable energy, Government incentives for green initiatives, Technological advancements in solar efficiency, Increasing urbanization and smart cities, Growing awareness of sustainability benefits |
| KEY MARKET DYNAMICS | Technological advancements, Government incentives, Energy efficiency focus, Urbanization trends, Environmental sustainability emphasis |
| COUNTRIES COVERED | Germany, UK, France, Russia, Italy, Spain, Rest of Europe |
FAQs
What is the expected market size of the Europe Solar Street Lighting Market in 2024?
The Europe Solar Street Lighting Market is expected to be valued at 618.49 million USD in 2024.
What is the projected market value for the Europe Solar Street Lighting Market by 2035?
By 2035, the Europe Solar Street Lighting Market is projected to reach a value of 2298.05 million USD.
What is the compound annual growth rate (CAGR) for the Europe Solar Street Lighting Market from 2025 to 2035?
The expected CAGR for the Europe Solar Street Lighting Market from 2025 to 2035 is 12.673%.
Which region holds the largest market share in the Europe Solar Street Lighting Market in 2024?
In 2024, Germany holds the largest market share in the Europe Solar Street Lighting Market with a valuation of 150.0 million USD.
What is the market size for the UK in the Europe Solar Street Lighting Market in 2024?
The UK market size in the Europe Solar Street Lighting Market is valued at 130.0 million USD in 2024.
Who are the key players in the Europe Solar Street Lighting Market?
Major players in the Europe Solar Street Lighting Market include companies like EvoEnergy, Alpha Energy, and Signify.
What is the expected market size for standalone solar street lighting by 2035?
The standalone segment of the Europe Solar Street Lighting Market is expected to be valued at 850.37 million USD by 2035.
How does the market size for on-grid solar street lighting compare to standalone in 2024?
In 2024, the on-grid solar street lighting market is valued at 371.69 million USD, compared to 246.8 million USD for standalone.
What is the projected market size for France in the Europe Solar Street Lighting Market by 2035?
By 2035, the projected market size for France in the Europe Solar Street Lighting Market is 353.79 million USD.
What is driving the growth of the Europe Solar Street Lighting Market?
Increasing demand for sustainable energy solutions and smart city initiatives are key drivers for the Europe Solar Street Lighting Market growth.
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