Will U.S Solar Street Lighting Market to Boom in Biden Era?
The all in one solar street lighting system powered by the sun, and with a stand-alone design, compared to conventional LED lighting products, the solar street light no power bill and no investment in electricity wires, electric equipment, and much less installation cost because of the all-in-one design.
Rapid rise in the solar new capacity electric generation market share out of total electrical generation in the U.S.A, which grew from around 0.1% in 2010 to more than 2% in 2019, according to the report by SEIA, is also expected to contribute significantly towards driving the growth of the U.S. An outdoor solar street light market in the forthcoming years. Further, the U.S. outdoor solar LED light market is estimated to be around USD 781.1 Million in the year 2018 and is further forecast to reach USD 2263.10 Million in the year 2027.
Biden government and associations are taking initiative to adopt sustainable energy sources to provide eco-friendly and energy-saving solutions. because of its cost-efficient and eco-friendly nature. Growing infrastructural projects leads to the rising demand for solar street lights which can be used in parking lots, pathways, villages, etc.
The rising demand for eco-friendly sustainable energy applications drives the growth of the solar street lighting market in the U.S.
The mainstream Solar Street Lighting Market in the U.S. you can pay attention to,
Car parking lot
THERE are said to be at least 105 million and maybe as many as 2 billion parking spaces in the U.S.
In some cities, car parking lots cover more than a third of the land area. Now, most car parking lots are using conventional shoebox light or LED shoebox light,
Lighting in parking lots can be expensive. Energy saving in exterior car park lighting is getting increasingly
Solar parking lot lights is come up with a standalone design that is 100% powered by the sun. There is no need to connect the power grid, which allows the solar car parking light can be installed at remote places. That is to say, more flexible installation and less investment.
Private housing community
The statics shows the total number of housing units in the United States from 1975 to 2019. In 2019, there were approximately 139.64 million housing units in the United States.
Outdoor Solar Lights can be used for street, pathway, yard, driveway, walkway, in residential areas. The outdoor solar 12V lights are high safety, which can work without connecting to the power grid.
As of 2018, there are 19,495 incorporated cities, towns, and villages in the United States. The solar street light powered by the sun and no need to connect power grid which can save a lot of costs for electricity cables, and it’s easy to install for some rural villages.
more and more remote mountain villages are equipped with solar street lamps, which makes the local villagers’ nightlife more convenient and safe.
Above Mentioned Data from www.psmarketresearch.com