UK Solar Street Lighting Market
UK Solar Street Lighting Market Research Report: By Type (Standalone, On Grid), By Product Type (Compact Fluorescent Lamps (CFL), Light Emitting Diode (LED)) and By Application (Residential, Commercial, Industrial) - Forecast to 2035
Industry Developments
The UK Solar Street Lighting Market has seen notable developments, with an increasing emphasis on sustainable urban infrastructure. In September 2023, Philips Lighting announced its expansion into the UK market with innovative smart solar street lighting solutions aimed at reducing energy consumption and improving public safety. Meanwhile, Green Frog Systems secured a contract to deploy their solar street lights in several local councils, contributing to the UK's commitment to carbon neutrality by 2050. The ongoing push towards renewable energy has fueled growth in the sector, with market valuations of key players like Cree and Solarcentury rising significantly as they enhance their product offerings. Mergers and acquisitions have also shaped the landscape; for instance, in August 2023, Solar LED Street Lighting acquired Urban Solar to strengthen its market presence and diversify its solar technology solutions. The trend towards integrating advanced technologies in solar street lighting is notable, with a shift towards smart city applications and enhanced connectivity, reflecting local government priorities for sustainability and efficiency. The market has experienced continuous growth, driven by increasing recognition of the environmental benefits and long-term cost savings associated with solar lighting systems, especially in urban settings across the UK.
Report Scope
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 107.58(USD Million) |
| MARKET SIZE 2024 | 123.7(USD Million) |
| MARKET SIZE 2035 | 554.0(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 14.603% (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 | Philips Lighting, Cree, Gemini Technologies, Green Frog Systems, Roughan & O'Donovan, Urban Solar, Solar LED Street Lighting, Haven Lighting, Brenmiller Energy, Solarcentury, Sunna Design, SolarStreet, Lux Solar, LEDA, Solislite |
| SEGMENTS COVERED | Type, Product Type, Application |
| KEY MARKET OPPORTUNITIES | Government incentives for renewable energy, Increasing urbanization driving demand, Sustainable development initiatives support, Technological advancements in solar efficiency, Rising energy costs favoring solar solutions |
| KEY MARKET DYNAMICS | rising energy costs, government incentives, environmental regulations, technological advancements, urbanization trends |
| COUNTRIES COVERED | UK |
FAQs
What is the market size of the UK Solar Street Lighting Market in 2024?
The UK Solar Street Lighting Market is expected to be valued at 123.7 USD Million in 2024.
What is the expected market size of the UK Solar Street Lighting Market by 2035?
By 2035, the UK Solar Street Lighting Market is projected to reach a value of 554.0 USD Million.
What is the expected CAGR for the UK Solar Street Lighting Market from 2025 to 2035?
The expected CAGR for the UK Solar Street Lighting Market from 2025 to 2035 is 14.603%.
What are the key players in the UK Solar Street Lighting Market?
Major players in the UK Solar Street Lighting Market include Philips Lighting, Cree, and Urban Solar among others.
What is the market value for Standalone solar street lighting in 2024?
The Standalone solar street lighting segment is valued at 45.0 USD Million in 2024.
What is the projected market value for On Grid solar street lighting by 2035?
The On Grid solar street lighting segment is expected to be valued at 354.0 USD Million by 2035.
What are the growth opportunities in the UK Solar Street Lighting Market?
The market offers opportunities driven by the increasing demand for sustainable and energy-efficient lighting solutions.
What challenges does the UK Solar Street Lighting Market face?
Challenges include the high initial investment costs and potential technological limitations.
What impact does the current global scenario have on the UK Solar Street Lighting Market?
The current global scenario may influence supply chain dynamics and cost structures in the market.
What is the anticipated growth rate for the UK Solar Street Lighting Market in the coming years?
The market is projected to grow steadily at a rate of 14.603% from 2025 to 2035.
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