Brazil Outdoor Solar Led Market Size & Outlook, 2021-2028

The outdoor solar led market in Brazil is expected to reach a projected revenue of US$ 558.0 million by 2028. A compound annual growth rate of 18.3% is expected of Brazil outdoor solar led market from 2022 to 2028.
Revenue, 2021 (US$M)
$172.4
Forecast, 2028 (US$M)
$558.0
CAGR, 2022 - 2028
18.3%
Report Coverage
Brazil

Brazil outdoor solar led market highlights

  • The Brazil outdoor solar led market generated a revenue of USD 172.4 million in 2021 and is expected to reach USD 558.0 million by 2028.
  • The Brazil market is expected to grow at a CAGR of 18.3% from 2022 to 2028.
  • In terms of segment, solar led street lights was the largest revenue generating application in 2021.
  • Solar Garden LED Lights is the most lucrative application segment registering the fastest growth during the forecast period.

Outdoor solar led market data book summary

Market revenue in 2021USD 172.4 million
Market revenue in 2028USD 558.0 million
Growth rate18.3% (CAGR from 2021 to 2028)
Largest segmentSolar led street lights
Fastest growing segmentSolar Garden LED Lights
Historical data2017 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationSolar LED Street Lights, Solar Garden LED Lights, Solar LED Floodlights, Solar LED Area Lights, Solar LED Spot Lights
Key market players worldwideSignify NV, SBM SolarTech, SEPCO - Solar Electric Power Company, SOKOYO Solar Lighting Co., Sunna Design, OkSolar, Jiawei

Other key industry trends

  • In terms of revenue, Brazil accounted for 3.2% of the global outdoor solar led market in 2021.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2028.
  • In Latin America, Brazil outdoor solar led market is projected to lead the regional market in terms of revenue in 2028.
  • Mexico is the fastest growing regional market in Latin America and is projected to reach USD 351.2 million by 2028.

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Outdoor Solar LED Market Scope

Outdoor solar led market segmentation & scope
Solar LED Street Lights
Solar Garden LED Lights
Solar LED Floodlights
Solar LED Area Lights
Solar LED Spot Lights
Less than 39W
40W to 149W
More than 150W
Residential
Commercial
Industrial

Outdoor Solar LED Market Companies

Name Profile # Employees HQ Website

Brazil outdoor solar led market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to outdoor solar led market will help companies and investors design strategic landscapes.


Solar led street lights was the largest segment with a revenue share of 58.12% in 2021. Horizon Databook has segmented the Brazil outdoor solar led market based on solar led street lights, solar garden led lights, solar led floodlights, solar led area lights, solar led spot lights covering the revenue growth of each sub-segment from 2017 to 2028.


  • Brazil Outdoor Solar LED Application Outlook (Revenue, USD Million, 2017-2028)
    • Solar LED Street Lights
    • Solar Garden LED Lights
    • Solar LED Floodlights
    • Solar LED Area Lights
    • Solar LED Spot Lights
  • Brazil Outdoor Solar LED Wattage Outlook (Revenue, USD Million, 2017-2028)
    • Less than 39W
    • 40W to 149W
    • More than 150W
  • Brazil Outdoor Solar LED End Use Outlook (Revenue, USD Million, 2017-2028)
    • Residential
    • Commercial
    • Industrial

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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil outdoor solar led market , including forecasts for subscribers. This country databook contains high-level insights into Brazil outdoor solar led market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Brazil outdoor solar led market size, by application, 2017-2028 (US$M)

Brazil Outdoor Solar LED Market Outlook Share, 2021 & 2028 (US$M)

Brazil outdoor solar led market size, by application, 2017-2028 (US$M)

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