China Report Hall Network reports that solar street lights are not only lighting tools but also important technological products that promote green environmental protection, energy conservation, and emission reduction. With the development of urbanization, the demand for solar street lights is also expanding.

I. Solar Street Light Market Analysis

(I) Market Size

The "2025-2030 China Solar Street Light Industry Project Research and Market Prospects Forecast Assessment Report" is driven by three major factors: policies, technology, and emerging markets. The share of smart street lights has jumped to 35%, with Asia-Pacific leading the way with a 54% share. India plans to add 5 million new lights. The market size was 291 million yuan in 2019, 304 million yuan in 2020, 317 million yuan in 2021, 327 million yuan in 2022, and 338 million yuan in 2023. The annual market size is expected to reach 385 million yuan in 2024, indicating a positive industry development trend.

(II) Market Supply and Demand

In recent years, China's solar street light market has demonstrated strong growth momentum, with market size continuing to expand. This is reflected in the continuous expansion of product categories and a significant increase in supply capacity. Analysis of the current status of the solar street light market indicates that my country's solar street light production will reach 576,000 units in 2023 and 330,400 units in the first half of 2024. Demand for the solar street light industry has continued to grow in recent years, primarily due to my country's emphasis on renewable energy, energy conservation, and environmental protection, as well as accelerated urbanization. Sales of solar street lights in my country are expected to reach 490,100 units in 2023 and 290,500 units in the first half of 2024.