| Study Period | 2019 - 2032 |
| Market Size in 2024 | USD 2,685.0 Million |
| Market Size in 2025 | USD 3,098.5 Million |
| Market Size by 2032 | USD 8,954.6 Million |
| Projected CAGR | 16.4% |
| Largest Country | China |
| Fastest Growing Country | India |
| Market Structure | Fragmented |
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The APAC solar street lighting market size was USD 2,685.0 million in 2024, and it will grow by 16.4% during 2025–2032, to reach USD 8,954.6 million by 2032.
The market growth is mainly driven by decreasing solution costs, the increasing number of smart cities, and the surging urbanization in developing countries. According to Worldbank.org, around 63% of the population of China lives in cities, and the urban population is expected to continue rising in the coming years. With rapid urbanization, the requirement for utilities, such as water, lighting, energy, and sanitation, would also rise, further necessitating the development of associated infrastructure in cities to meet the needs of residents.
Additionally, the declining costs of solar panels and LED technology have made solar street lighting increasingly competitive with traditional grid-connected systems. China, India, Japan, and Australia are leading the transformation, with municipalities and governments prioritizing solar lighting solutions to reduce electricity consumption and operational costs. The market's growth is further supported by the region's abundant solar resources, particularly in Southeast Asia and Australia, where high solar irradiance levels ensure optimal system performance throughout the year.
The centralized category held the largest market share, of 50%, in 2024, due to the rising deployment of on-grid-based solar streetlights that get the continuous energy supply from a grid to power lights at a high illumination. They offer reliable backup power and are preferred for high-traffic areas requiring consistent illumination. However, the higher installation costs associated with trenching, wiring, and grid connection have limited their adoption compared to standalone systems. The portable segment, though representing the smallest market share, is experiencing growing interest for temporary installations, emergency lighting, and construction sites.
The standalone category will have the highest CAGR, of 16.5%, as these systems contain batteries that are used to store solar energy. The demand for them is driven by the need for electrification in off-grid villages and rural infrastructure development. The self-sufficient nature of standalone systems, operating independently of the electrical grid, makes them ideal for remote locations, island communities, and areas with unreliable power infrastructure.
The structure types analyzed in this report are:
The solar panel category held the largest market share, of 35%, in 2024, because it is important for the functioning of a self-sustained street light through renewable energy. The solar panel is more expensive than other related components. As the primary energy harvesting element, solar panel quality and efficiency directly impact system performance. Between 2014 and 2024, the global price of solar panels dropped from around USD 0.60–0.70 per Watt to just USD 0.10–0.15 per Watt, marking a 75–85% decline.
The lamp category will have the highest CAGR, of 16.6%. This can majorly be attributed to the rising adoption of LEDs in solar streetlights. The rising focus to adopt LEDs is due to the surging government initiative in countries, like India and China, toward the adoption of energy-efficient LED lights. Further, with various energy-saving features offered by LED lights, there is an increasing demand for solar street LED lighting in APAC. Between 2014 and 2024, the global price of LED bulbs dropped from about USD 2 to merely USD 0.20 per Watt, marking a steep 80–90% decline.
The components analyzed in this report are:
The retrofit category held the larger market share, of 55%, in 2024. This is attributed to the increasing replacement of incandescent and sodium vapor lamps with LEDs in the region. The phasing out of incandescent bulbs in APAC countries, the demand for the replacement of older technology lamps with LED lamps is growing, which is further expected to drive the demand for solar streetlights in this category in the coming years.
The new category will have the higher CAGR, of 16.7%, due to the increasing government initiatives toward the installation of LED lights in the region, mainly in India and China. Moreover, the rising number of solar streetlight projects is expected to contribute to the market growth in this category during the forecast period.
The installations analyzed in this report are:
The highways & roadways category held the largest market share, of 25%, in 2024, and it will have the highest CAGR, of 16.8%. This is due to the increasing government focus on developing high-class infrastructure, the surging deployment of outdoor lighting on highways and roadways, the rising replacement of older technology lights used in streetlights with solar LED lights to reduce energy consumption and CO2 emissions, and the mounting number of solar streetlight projects. The UN projects Asia’s urban population to increase by 1.2 billion by 2050, intensifying the demand for energy-efficient public lighting solutions.
The applications analyzed in this report are:
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China held the largest market share, of 40%, in 2024. This is attributed to the ongoing construction of a large number of streets, highways, airports, and flyovers, the surging urbanization, the increasing demand for energy, the decreasing prices of LEDs, and the growing awareness about using energy-efficient lighting in the country.
The country's leadership position is attributed to its massive manufacturing capacity, supportive government policies, and extensive smart city initiatives. China is APAC's largest market for solar lighting systems, with over 300 cities adopting solar street lighting as part of their smart city programs under the Ministry of Housing and Urban-Rural Development. 100% of sub-provincial cities, 89% of prefecture-level cities, and 49% of county-level cities have been engaged in these initiatives. China makes huge investments in projects like this compared to other APAC countries, positioning itself as both the largest manufacturer and consumer of solar street lighting systems in the region.
China's Belt and Road Initiative has also facilitated the export of solar street lighting technology to neighboring countries, strengthening its influence across the Asia-Pacific region. The country's commitment to achieving carbon neutrality by 2060 ensures continued policy support and investment in solar lighting infrastructure throughout the forecast period.
India will have the highest CAGR, of 17.1%, due to the country's ambitious target of installing over 1 million solar street lights, which demonstrates its commitment to sustainable lighting infrastructure. Government programs, such as the Smart Cities Mission and PM-Surya Ghar: Muft Bijli Yojana, have allocated substantial funding for solar infrastructure development. ITI Limited secured an order valued at Rs 300 crore from the Bihar Renewable Energy Development Authority (BREDA) for the provision and installation of 1,000,000 solar street lighting systems, highlighting the scale of deployment underway. State-level initiatives in Uttar Pradesh, Bihar, and Maharashtra are driving widespread adoption across both urban and rural areas.
The Bureau of Energy Efficiency (BEE) reported that over 95% of the new government-funded solar street lighting tenders in 2023 specified LED-based systems, ensuring energy efficiency and long-term sustainability. India's focus on rural electrification through solar lighting addresses the needs of approximately 300 million people lacking reliable electricity access, positioning the country for continued rapid growth.
South Korea's solar street lighting market is experiencing steady growth, driven by smart city initiatives and energy efficiency policies. The country's advanced manufacturing capabilities and focus on technological innovation have positioned it as a key supplier of high-efficiency solar panels and LED components. Government support for renewable energy deployment, combined with urban beautification projects in Seoul and other major cities, drives domestic demand for solar street lighting systems.
A notable trend in South Korea is the integration of solar street lighting with broader smart city infrastructure, including IoT sensors and data analytics platforms. The country's expertise in electronics and semiconductor technology provides a competitive advantage in developing next-generation solar lighting solutions.
The geographical breakdown of the market is as follows:
The market is fragmented due to the presence of numerous international and regional players competing for market share. The presence of established global manufacturers alongside emerging local companies creates a dynamic, competitive environment. Strategic partnerships and collaborations have emerged as key competitive strategies. The market has witnessed increased merger and acquisition activity as companies seek to expand their product portfolios.
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