South Africa Outdoor Solar Led Market Size & Outlook
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South Africa outdoor solar led market highlights
- The South Africa outdoor solar led market generated a revenue of USD 130.5 billion in 2024 and is expected to reach USD 573.1 billion by 2030.
- The South Africa market is expected to grow at a CAGR of 28% from 2025 to 2030.
- In terms of segment, solar led street lights was the largest revenue generating application in 2024.
- 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 2024 | USD 130.5 billion |
| Market revenue in 2030 | USD 573.1 billion |
| Growth rate | 28% (CAGR from 2025 to 2030) |
| Largest segment | Solar led street lights |
| Fastest growing segment | Solar Garden LED Lights |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Solar LED Street Lights, Solar Garden LED Lights, Solar LED Floodlights, Solar LED Area Lights, Solar LED Spot Lights |
| Key market players worldwide | Signify NV, SBM SolarTech, SEPCO - Solar Electric Power Company, SOKOYO Solar Lighting Co., Sunna Design, OkSolar, Jiawei |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.3% of the global outdoor solar led market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, UAE outdoor solar led market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,189.0 billion by 2030.
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Outdoor Solar LED Market Scope
Outdoor Solar LED Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Jiawei | View profile | - | Shenzhen, Guangdong, China, Asia | http://www.jiawei.com/ |
| OkSolar | View profile | 101-250 | Wynnewood, Oklahoma, United States, North America | https://www.oksolar.com/ |
| Sunna Design | View profile | 11-50 | Blanquefort, Midi-Pyrenees, France, Europe | http://sunna-design.fr/sunna/ |
| SOKOYO Solar Lighting Co. | View profile | 51-100 | Yangzhou, Jiangsu, China, Asia | https://www.sokoyosolar.com |
| SEPCO - Solar Electric Power Company | View profile | 11-50 | Stuart, Florida, United States, North America | http://www.sepco-solarlighting.com |
| SBM SolarTech | View profile | - | Shanghai, Shanghai, China, Asia | https://www.sbmsolartech.com/ |
| Signify NV | View profile | 31920 | High Tech Campus 48, Eindhoven, Netherlands, 5656 AE | https://www.signify.com |
South Africa 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 55.94% in 2024. Horizon Databook has segmented the South Africa 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 2018 to 2030.
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Our clientele includes a mix of outdoor solar led market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa outdoor solar led market , including forecasts for subscribers. This country databook contains high-level insights into South Africa outdoor solar led market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa outdoor solar led market size, by application, 2018-2030 (US$B)
South Africa Outdoor Solar LED Market Outlook Share, 2024 & 2030 (US$B)
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