Outdoor Residential Solar Landscape Lights Market Trends:the global market size is projected to reach USD 0.24 billion by 2030

industry

Published: 2024-10-12

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Outdoor Residential Solar Landscape Lights are lighting fixtures designed for outdoor use that harness solar energy to power LED or other types of bulbs. These lights typically include a small solar panel that absorbs sunlight during the day, converting it into electrical energy stored in a rechargeable battery. When it gets dark, the lights automatically turn on, providing illumination to gardens, pathways, driveways, or other outdoor spaces. They are popular for their energy efficiency, ease of installation, and low maintenance, as they don't require wiring or electricity from the grid.

 

According to the new market research report “Outdoor Residential Solar Landscape Lights- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Outdoor Residential Solar Landscape Lights market size is projected to reach USD 0.24 billion by 2030, at a CAGR of 4.9% during the forecast period.

 Outdoor Residential Solar Landscape Lights

Source: QYResearch, "Outdoor Residential Solar Landscape Lights- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

 

  • Global Outdoor Residential Solar Landscape Lights Top14Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)

 Outdoor Residential Solar Landscape Lights

Source: QYResearch, "Outdoor Residential Solar Landscape Lights- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”

 

According to QYResearch Top Players Research Center, the global key manufacturers of Outdoor Residential Solar Landscape Lights include Jiawei, Signify, Gama Sonic, SOKOYO, LES JARDINS, Westinghouse, Ring, SBM-SolarTech, VOLT® Lighting, Judn Solar Lighting, etc. In 2023, the global top 10 players had a share approximately 54.0% in terms of revenue.


 

Market Drivers:

Sustainability and Eco-Friendliness:

Homeowners are increasingly focused on reducing their carbon footprint. Solar landscape lights offer an eco-friendly alternative to traditional lighting by utilizing renewable energy.

Cost Savings:

Residential consumers are attracted to solar lights due to the elimination of electricity costs associated with outdoor lighting, which can lead to significant savings over time.

Ease of Installation and Maintenance:

Solar landscape lights do not require wiring or professional installation, making them an attractive DIY project for homeowners. They also require minimal maintenance.

Advancements in Solar Technology:

Continued improvements in solar panel efficiency and battery storage capabilities can lead to more powerful and longer-lasting solar lights, appealing to a broader range of consumers.

Customization and Design Options:

Offering a variety of styles, colors, and designs allows homeowners to personalize their outdoor spaces, meeting diverse aesthetic preferences and boosting market appeal.

Integration with Smart Home Systems:

The ability to integrate solar landscape lights with smart home systems for remote control and automation provides added convenience and appeal for tech-savvy homeowners.

 

Restraint:

Initial Cost:

Although solar lights save money over time, the upfront cost can be higher than traditional lighting, which may deter price-sensitive consumers.

Variable Sunlight Availability:

The effectiveness of solar lights depends on the availability of sunlight. In regions with frequent cloudy or rainy weather, solar lights may not perform optimally, leading to consumer dissatisfaction.

Limited Battery Life:

The lifespan of batteries in solar lights can be a limiting factor. Frequent battery replacement or poor battery performance can lead to maintenance issues and additional costs.

Competition from Alternative Technologies:

New technologies, such as low-energy LED lights connected to smart home systems, may provide strong competition, affecting market share for solar landscape lighting.

Technological Obsolescence:

Rapid advancements in technology could render current solar lighting solutions obsolete, requiring manufacturers to continually innovate to stay competitive.

 

Trend:

Integration with Smart Technology:

Smart Home Compatibility: Solar landscape lights are increasingly being integrated with smart home systems, allowing users to control their lighting through mobile apps or voice-activated assistants like Alexa and Google Assistant.

Automation Features: Features such as automatic on/off based on sunset and sunrise times, motion detection, and dimming capabilities are becoming standard.

Enhanced Solar Panel Efficiency:

High-Efficiency Panels: Advancements in photovoltaic technology are leading to more efficient solar panels that can capture more sunlight and convert it into energy, even in low-light conditions.

Improved Energy Storage: Developments in battery technology, such as lithium-ion and lithium iron phosphate batteries, are providing longer-lasting and more reliable energy storage.

Increased Customization Options:

Modular Designs: Consumers are seeking customizable options that allow them to adjust the height, brightness, and color of their solar lights to suit their specific needs and preferences.

Variety of Styles: A wide range of styles, from modern to traditional, is available to cater to diverse aesthetic tastes.

Focus on Durability and Weather Resistance:

Robust Construction: Manufacturers are prioritizing durable designs that withstand harsh weather conditions, such as rain, snow, and extreme temperatures, ensuring longevity and performance.

IP Ratings: Products are increasingly being rated for ingress protection (IP), providing consumers with information on their resistance to dust and water.

Expansion into New Markets:

Growing Demand in Emerging Markets: As awareness and affordability increase, there is significant growth potential in emerging markets where traditional electricity access may be limited.

Adoption in Residential Areas: Beyond commercial spaces such as hotels, resorts, and public parks, solar landscape lighting is gaining traction in residential spaces.

 


About The Authors

Yin Hang

Lead Author

Email: yinhang@qyresearch.com

Tel: +86-18310165532

 

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

 

 

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