Commercial Solar Lights Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented by Type (Outdoor Commercial Solar Lights, Indoor Commercial Solar Lights), By Panel Type (Polycrystalline, Monocrystalline, Amorphous), By Power Systems (Off-Grid, On-Grid, Hybrid), By Region, By Competition 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 20.31 Billion
CAGR (2026-2031)	16.84%
Fastest Growing Segment	Polycrystalline
Largest Market	Asia Pacific
Market Size (2031)	USD 51.67 Billion

Market Overview

The Global Commercial Solar Lights Market will grow from USD 20.31 Billion in 2025 to USD 51.67 Billion by 2031 at a 16.84% CAGR. The Global Commercial Solar Lights Market encompasses the sector dedicated to outdoor lighting systems that utilize photovoltaic panels to generate electricity, serving applications such as street lighting, parking lots, and industrial pathways. These systems function primarily as standalone off-grid units or grid-connected solutions, providing illumination without reliance on traditional utility power. The market is significantly propelled by the urgent global demand for energy-efficient infrastructure and the necessity to reduce operational expenditures associated with conventional lighting. Furthermore, stringent government sustainability mandates and the rapid development of smart cities are accelerating the adoption of these renewable technologies. According to the International Energy Agency Photovoltaic Power Systems Programme, in 2025, global cumulative installed photovoltaic capacity reached over 2.2 terawatts by the end of 2024, reflecting the massive scale of solar technology adoption that fundamentally supports the supply chain and cost-competitiveness of this lighting sector.

One significant challenge that could impede the expansion of the Global Commercial Solar Lights Market is the high initial capital expenditure required for installation. Although these systems offer substantial long-term savings through eliminated electricity costs, the upfront investment for high-quality solar panels and advanced battery storage remains considerably higher than that of traditional grid-wired lighting. This financial barrier can deter budget-constrained municipalities and commercial enterprises from initiating large-scale retrofitting projects, particularly in regions where financing options for renewable energy infrastructure are limited or where battery replacement costs are perceived as a long-term liability.

Key Market Drivers

Government initiatives and regulatory incentives for renewable energy integration are currently the primary catalyst for the Global Commercial Solar Lights Market, stimulating demand through direct funding and risk mitigation for off-grid infrastructure. Policy frameworks in emerging economies are increasingly prioritizing distributed solar solutions to address energy deficits and decarbonization targets, encouraging public sector adoption of solar street lighting. According to the Multilateral Investment Guarantee Agency, July 2025, in the 'MIGA to Support Over 100 Energy Projects' press release, the organization executed framework guarantees worth $495 million to support distributed renewable energy projects across Africa, underscoring the massive scale of capital now flowing into commercial-grade off-grid solar developments. These financial instruments are crucial for de-risking large-scale municipal lighting projects, thereby attracting private participation and accelerating the deployment of sustainable perimeter and roadway illumination systems globally.

Simultaneously, the integration of IoT and smart monitoring in commercial lighting systems is fundamentally transforming the market by offering enhanced operational efficiency and predictive maintenance capabilities. As municipalities and businesses seek to modernize urban infrastructure, the convergence of solar technology with intelligent connectivity allows for remote management that maximizes energy savings and battery longevity. According to Signify, February 2025, in the '2024 Annual Report', the company's installed base of connected light points reached 144 million by the end of 2024, reflecting the rapidly growing ecosystem of smart infrastructure that solar lighting is becoming a part of. This shift is further reinforced by the tangible economic benefits of these advanced systems; according to Fonroche Lighting America, in 2025, a mid-sized municipality in Texas utilizing their solar street lighting solutions achieved a 40% reduction in energy costs, validating the return on investment for smart, off-grid commercial lighting technologies.

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Key Market Challenges

The high initial capital expenditure required for installation constitutes a formidable barrier impeding the expansion of the Global Commercial Solar Lights Market. While these systems ultimately deliver operational savings by eliminating utility bills, the upfront costs for industrial-grade photovoltaic panels and advanced battery storage systems are substantial compared to traditional grid-tied lighting. This price disparity creates a significant hurdle for potential adopters, particularly municipalities and commercial enterprises operating under rigid fiscal budgets. Decision-makers often prioritize immediate liquidity over long-term return on investment, leading to the postponement or cancellation of retrofit projects.

This financial strain is further exacerbated when economic conditions limit borrowing capacity. Consequently, the market struggles to convert interest into actual deployment in regions where capital is scarce or financing is expensive. According to GOGLA, in 2024, global investment into the off-grid solar sector reached just over $300 million, representing a 30% decline compared to the previous year. This contraction in funding underscores the direct correlation between capital availability and market growth, demonstrating how high financial entry barriers effectively stifle the broader adoption of commercial solar lighting solutions.

Key Market Trends

The Widespread Adoption of Lithium Iron Phosphate (LiFePO4) Battery Technology is fundamentally altering the reliability standards and value proposition of the market. Unlike traditional lead-acid or gel batteries, LiFePO4 chemistry offers superior thermal stability and a significantly deeper depth of discharge, which is critical for maintaining operation during prolonged periods of low solar irradiance. This technological shift is also driving a reduction in the total cost of ownership by extending the intervals between costly battery replacements. According to VSolveX Blogs, April 2025, in the 'Battery Technology in Solar Street Lights: What's New in 2025' article, the transition to this chemistry is accelerating because modern LiFePO4 units now offer a lifespan of up to 6,000 charge cycles, ensuring consistent performance over many years compared to legacy storage solutions.

Simultaneously, the Utilization of High-Efficiency Bifacial Solar Photovoltaic Panels is emerging as a critical trend to maximize energy harvest in space-constrained urban environments. By employing dual-sided cells, these fixtures can capture reflected sunlight (albedo) from paved surfaces and surrounding structures, significantly improving yield without increasing the physical footprint of the luminaire. This innovation is particularly valuable for vertical pole-mounted systems where the rear side of the panel is exposed to ambient light. According to Smart Solar Lights, May 2025, in the 'Smart Solar Street Lighting: Powering Sustainable Cities Through 2025' article, a 2024 pilot project in Dubai deployed these advanced panels, achieving 29% higher winter output compared to conventional bifacial modules, validating the efficiency gains in real-world commercial applications.

Segmental Insights

The Polycrystalline segment currently leads growth within the Global Commercial Solar Lights Market primarily due to its distinct cost advantages and manufacturing efficiency. These panels are fabricated by melting multiple silicon fragments together, a process that minimizes raw material waste and lowers overall production expenses. This affordability makes the technology highly preferable for extensive commercial applications, such as street lighting and public parking areas, where project budgets are a critical consideration. As a result, the segment experiences accelerated adoption among organizations seeking to implement renewable energy infrastructure without incurring the higher costs associated with monocrystalline alternatives.

Regional Insights

Asia Pacific dominates the Global Commercial Solar Lights Market, primarily due to rapid urbanization and extensive infrastructure development across major economies like China and India. This regional leadership is underpinned by strong regulatory support for renewable energy and rural electrification, which encourages the adoption of off-grid lighting to reduce reliance on central power grids. Furthermore, the region’s established manufacturing base ensures cost-effective production, facilitating widespread commercial implementation in sectors such as highways and industrial zones. These factors, alongside substantial investments in smart city initiatives, logically secure Asia Pacific’s leading position in the industry.

Recent Developments

• In September 2025, Signify expanded its professional portfolio by launching new integrated solar street lighting products, the SunStay Pro gen2 and SunStay Pro gen2 mini. These luminaires were designed with a modular approach to support connected systems and sustainability goals in public spaces such as bike paths and walkways. The company introduced these solutions to European markets, highlighting features like a hybrid charger that allows off-grid operation on sunny days and partial grid reliance during cloudy periods. This launch reinforced the manufacturer's commitment to advancing energy-efficient infrastructure and reducing carbon footprints through standalone solar technology.
• In June 2025, Fonroche Lighting partnered with the City of Fort Worth, Texas, to supply over 3,400 solar-powered streetlights across various neighborhoods. This initiative was part of the municipality's capital project to upgrade street lighting with sustainable alternatives that operate independently of the electrical grid. The agreement aimed to improve community safety and reduce operational costs by providing consistent illumination even during power outages. The installation plan included multiple phases, with thousands of units scheduled for deployment in designated residential areas to support the city's environmental and infrastructure objectives.
• In August 2024, Streetleaf was selected as a national vendor by D.R. Horton, the largest homebuilder in the United States, to provide solar lighting solutions for new construction communities. Under this agreement, the company began supplying resilient solar-powered streetlamps equipped with high-efficiency LED lights and nickel-metal hydride batteries. The collaboration was established to integrate sustainable infrastructure into residential developments, offering homeowners reliable lighting that functions during extreme weather events. This strategic alliance aimed to eliminate the need for traditional electrical trenching while enhancing the environmental appeal of newly built neighborhoods.
• In April 2024, EnGoPlanet announced the near completion of a significant installation project in partnership with Calhoun County, Texas, featuring 300 solar street lights and 20 advanced solar poles equipped with cameras. The project utilized the company's utility program to provide sustainable public lighting and surveillance across multiple parks without requiring upfront capital costs from the county. These solar-powered units were positioned primarily in remote areas lacking access to traditional electricity, designed to withstand heavy storms and minimize light pollution. The initiative marked a major milestone in adopting renewable energy for public safety infrastructure in the region.

Key Market Players

• Kon Lighting
• Fonroche Lighting America, Inc.
• Greenshine New Energy
• wipro lighting
• ENGOPLANET ENERGY SOLUTIONS LLC
• Solar Street Lights USA
• Koninklijke Philips N.V.
• SEPCO
• Engcotec GmbH
• Sunna Design SA

By Panel Type	By Power Systems	By Region
Polycrystalline Monocrystalline Amorphous	Off-Grid On-Grid Hybrid	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Commercial Solar Lights Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Commercial Solar Lights Market, By Panel Type:

• Polycrystalline
• Monocrystalline
• Amorphous

• Commercial Solar Lights Market, By Power Systems:

• Off-Grid
• On-Grid
• Hybrid

• Commercial Solar Lights Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE