Global Market: Amidst the global energy transition and growing environmental awareness, solar street lights, as a model of green lighting, continue to expand their market size. From 2019 to 2024, the global solar street light market grew from 291 million yuan to 385 million yuan. China's solar street light market is expected to reach over 60 billion yuan by 2030, maintaining a high compound annual growth rate.

Application Scenarios Continue to Expand

Urban Road Lighting: In urban road lighting, solar street lights are gradually replacing traditional street lights due to their energy-saving, environmentally friendly, and easy installation advantages. Furthermore, smart solar street lights can be integrated with smart city systems to implement functions such as traffic flow monitoring and environmental data collection, improving urban management efficiency.

Rural and Remote Area Lighting: In rural and remote areas, due to insufficient power grid coverage, solar street lights have become an important option for improving lighting conditions. With the upgrading of rural power grids and the advancement of the rural revitalization strategy, demand for rural road lighting is growing rapidly, and the penetration rate of solar street lights will continue to rise.

Other fields: Solar street lights are also gradually expanding into public lighting areas such as parks, squares, scenic spots, and industrial parks, as well as home, commercial, and industrial applications. For example, solar garden lights, which combine functional lighting with landscaping, are popular in the market.