Outdoor Solar LED Market Share

Market Share of Outdoor Solar LED Industry

1. The market for outdoor solar LED features is fragmented because there are many solar LED lighting vendors in this market. The increasing demand for renewable energy sources encourages market vendors to concentrate on opportunities for the international export of their solar LED products. Important players like SOKOYO, Signify Holding, and Sunna Design SA participate in numerous trade shows and exhibitions worldwide to grow their businesses.
2. In November 2022, Signify added twelve new lamps and luminaires to its "Ultra Efficient" line of LEDs that it claims are up to 50% more efficient than its standard LED offerings. The new products include two indoor diamond cut luminaires, two outdoor arbor luminaires, and two outdoor solar-powered Tyla luminaires.
3. In June 2022, SBM-SolarTech made available for purchase the Model D-143, the fourth generation of solar road studs. Road construction companies use solar road studs flashing LED lighting to mark centerlines and edges of roads. Road studs with embedded solar lights significantly increase traffic safety and effectiveness. Through actual use, solar-powered road studs have been shown to reduce accident rates and the likelihood of route errors.

Outdoor Solar LED Market Leaders

1. CREE Lighting

2. Gamasonic

3. Hubbell Outdoor

4. Ligman Lighting

5. Sokoyo Solar Lighting Co. Ltd.

*Disclaimer: Major Players sorted in no particular order