Solar Shed Light Market Overview
The global Solar Shed Light
market values is projected to reach US$ 6.38 Billion by 2035 from US$ 1.94 Billion
in 2025. The market is expected to register a CAGR of 8.5% during 2025–2035.
The Solar Shed Light market forecast growth is driven by increasing adoption of
renewable energy solutions and advancements in solar technology. Manufacturers
focusing on innovation and addressing the evolving needs of industries are
likely to capitalize on the emerging opportunities in this dynamic market.
The Global Solar Shed Light
Market analysis refers to the market for lighting solutions designed for sheds,
barns, garages, and other outdoor structures that utilize solar energy as their
primary power source. These lights are equipped with photovoltaic (PV) panels
that convert sunlight into electricity, storing it in rechargeable batteries
for nighttime illumination. Solar shed lights provide energy-efficient lighting
solutions, leading to reduced electricity bills and operational costs, which is
particularly appealing in off-grid and remote locations. Solar Shed Light
market trends include the integration of smart technologies, the development of
more efficient solar panels and LED lights, and the growing availability of
off-grid solar lighting solutions. The rising number of residential and
commercial solar installations creates a broader awareness and acceptance of
solar energy solutions, including solar lighting. Rising electricity costs make
solar lighting a more attractive option for consumers and businesses. Solar
shed lights can reduce energy bills and provide a return on investment over
time. This in turn anticipated to boost the global
solar shed light market growth during the forecast period.
Solar Shed Light Market Drivers and Opportunities
Increasing Demand for
Renewable Energy Solutions market is anticipated to lift the Solar Shed Light
market growth during the forecast period
With the
global push towards reducing carbon emissions, solar-powered lighting is
gaining traction, especially in off-grid and rural areas. The affordability and
low maintenance of solar shed lights make them a preferred choice over
traditional wired lighting solutions. Global investments in renewable
energy have reached unprecedented levels. In 2024, utility-scale solar and wind
projects accounted for nearly 90% of all new power generation capacity
additions in the United States, a substantial increase from 57% in 2023. This
robust investment landscape fosters innovation and cost reductions in solar
technologies, making solar shed lights more accessible and affordable for
consumers. Technological advancements and economies of scale have led to a
significant decrease in the costs of solar technologies. Between 2010 and 2023,
the global weighted average levelized cost of energy for concentrating solar
power (CSP) plummeted by 70%, from $0.39/kWh to under $0.12/kWh. This downward
cost trajectory enhances the economic viability of solar shed lights,
encouraging both residential and commercial adoption. The proliferation of
solar PV installations globally has been remarkable. In the United States
alone, there were nearly 5 million residential PV systems by 2023, with 3.3% of
households owning or leasing a PV system. This widespread adoption reflects a
growing consumer preference for solar solutions, directly boosting the demand
for solar shed lights market growth.
Increased Demand for Off-Grid
Lighting is a vital driver for influencing the growth of the global Solar Shed
Light market
Solar shed lights are ideal for
off-grid locations where access to traditional electricity is limited or
unavailable. This is particularly relevant in rural areas and for applications
such as remote storage sheds, barns, and outbuildings. The global off-grid
solar lighting market is experiencing robust growth, driven by increasing
electrification needs in underserved regions and a rising global focus on
sustainable energy solutions. A significant portion of the global population,
particularly in regions like Central and West Africa, lacks access to reliable
electricity. Approximately 600 million people in Africa are without
electricity, underscoring the critical need for off-grid solutions.
Solar-powered products, including shed lights, offer a cost-effective and
sustainable alternative to traditional energy sources in these underserved
regions. The global shift towards renewable energy sources to combat climate
change has heightened interest in solar-powered lighting. Consumers and
businesses are increasingly adopting solar shed lights to reduce carbon
footprints and promote environmental sustainability. Off-grid solar lighting
solutions offer environmental benefits by reducing reliance on fossil fuels and
decreasing greenhouse gas emissions. Economically, they provide cost savings
over time compared to traditional lighting methods, making them an attractive
option for consumers. Thus, the increasing demand for off-grid lighting
solutions, driven by market expansion, technological advancements, supportive
policies, and environmental considerations, is expected to significantly solar
shed light market drivers in the coming years.
Government Initiatives &
Subsidies and Technological Advancements are poised to create significant
opportunities in the global Solar Shed Light market
Governments worldwide are
implementing policies and financial incentives to promote renewable energy
adoption, directly benefiting the solar shed light market. Governments offer
subsidies, tax credits, and grants to reduce the initial investment required
for solar installations. For instance, federal subsidies for renewable energy
projects in the United States more than doubled from $7.4 billion in 2016 to
$15.6 billion in recent years, with tax expenditures accounting for 93% of
total subsidies. Policies such as feed-in tariffs and research
and development subsidies have positively impacted photovoltaic (PV) system
installations, encouraging the adoption of solar technologies. Initiatives like
community solar projects enable households and businesses to subscribe to local
solar arrays, reducing electricity costs and promoting solar energy adoption.
As of recent data, there are 6.5 gigawatts of community solar capacity in the United
States, with potential to double by 2028. Furthermore, Continuous improvements
in solar technology have significantly enhanced the efficiency and
affordability of solar shed lights. Advancements in photovoltaic technology
have led to more efficient and cost-effective solar panels, making solar shed
lights more accessible to consumers. The incorporation of Internet of Things
(IoT) and Artificial Intelligence (AI) into solar lighting systems allows for
optimized energy consumption and enhanced user control, increasing the appeal
of solar shed lights. Advancements in battery storage technologies have
improved the reliability of solar lighting systems, ensuring consistent
performance even during periods of low sunlight. Government initiatives and
subsidies, coupled with technological advancements, are creating lucrative
opportunities in the solar shed light market. These factors are reducing costs,
improving product efficiency, and encouraging widespread adoption, leading to
robust market growth during the forecast period.
Solar Shed Light Market Scope
Report
Attributes |
Description |
Market Size in 2025 |
USD 1.35 Billion |
Market
Forecast in 2035 |
USD 5.62
Billion |
CAGR % 2025-2035 |
9.1% |
Base
Year |
2024 |
Historic Data |
2020-2024 |
Forecast
Period |
2025-2035 |
Report USP
|
Production, Consumption, company
share, company heatmap, company production capacity, growth factors and more |
Segments
Covered |
|
Regional Scope |
|
Country
Scope |
|
Solar Shed Light Market Report Segmentation Analysis
The Global Solar Shed Light
Market industry analysis is segmented into by Type, by Power Rating, by Application,
by Distribution Channel and by Region.
The Outdoor segment is anticipated to hold the highest share of the
global Solar Shed Light market during the projected timeframe.
By Type, the Solar Shed Light market is segmented into Indoor and Outdoor. Outdoor segment dominates the global Solar Shed Light market share expected to hold around 65% in 2025. This is primarily due to the broader range of applications and the inherent suitability of solar lighting for outdoor environments. Applications such as garden lighting, pathway illumination, security lighting, and remote area lighting heavily rely on solar solutions. Outdoor solar shed lights are built to withstand various weather conditions, ensuring longevity and consistent performance. However, Indoor solar shed lights are designed to illuminate enclosed spaces such as workshops, garages, and storage sheds.
The Less than 5 Watts segment is anticipated to hold the highest share
of the market over the forecast period.
On the basis of Power Rating, the
market is bifurcated into Less than 5 Watts, 5 – 10 Watts, 10 – 20 Watts and
Above 20 Watts. Less than 5 Watts held the largest share in the global Solar
Shed Light market share. Solar shed lights with a power
rating of 5 Watts are generally used for basic illumination needs in small
sheds or storage areas. These lights are cost-effective and sufficient for
minimal lighting requirements, making them popular among budget-conscious
consumers. However, their limited brightness may restrict their applicability
in larger or more frequently used spaces. Furthermore, Medium Power
Rating (5-10 Watts and 10-20 Watts) categories are likely to be growing and
gaining market share. Lights within the 5–10 Watts range offer moderate
illumination, suitable for medium-sized sheds, workshops, or garages. They
balance energy efficiency with adequate brightness, catering to users who
require more light without significantly increasing energy consumption.
The Residential segment dominated the market in 2024 and is predicted
to grow at the highest CAGR over the forecast period.
In terms of Application, the Solar
Shed Light market is segmented into Industrial, Commercial and Residential. The
residential is a significant contributor to the Solar Shed Light market growth.
Homeowners are increasingly seeking sustainable and cost-effective lighting
solutions to reduce electricity bills. Solar shed lights offer an attractive
alternative by harnessing renewable energy. A growing emphasis on environmental
sustainability encourages individuals to adopt green technologies, including
solar-powered lighting. Many governments offer subsidies and tax incentives for
residential solar installations, making solar shed lights more affordable for
homeowners.
The following segments are part of an in-depth analysis of the global Solar
Shed Light market:
Market
Segments |
|
By Type |
|
By Power
Rating |
|
By Distribution
Channel |
|
By Application |
|
Solar Shed Light Market Share Analysis by Region
Europe is projected to hold the largest share of the global Solar Shed
Light market over the forecast period.
In 2024, Europe dominated the Solar
Shed Light market, accounting for approximately 45% of the global share. The
European Union's stringent energy regulations and sustainability goals promote
the use of renewable energy sources, including solar power. Countries like
Germany and the UK are leading in solar technology adoption, driven by both
government initiatives and public interest. The Renewable Energy Sources Act
(EEG) has been instrumental in promoting renewable energy, including solar,
contributing to Germany's leadership in solar installations. Germany has been
a leader in solar energy adoption. In 2023, the country added over 14 GW of new
solar capacity, surpassing government targets and reflecting a significant
increase from previous years. This growth was driven by strong investor
interest and supportive policies, such as the "Easter Package"
reforms aimed at achieving 80% renewable electricity production by 2030.
Notably, more than 70% of the added capacity in 2023 came from rooftop
installations, with homeowners contributing 6.5 GW. Additionally, the number of
installed solar power batteries doubled to over one million units in 2023,
indicating a trend toward energy self-sufficiency among consumers. Further, the
UK has made strides in promoting solar energy, with a record 260,000 certified
heat pumps, solar panels, and battery storage systems installed in 2024.
Homeowners in southern UK can save between £600-690 annually on energy bills by
installing solar panels, which cost around £6,100 and have a payback period of
11-14 years. However, despite these efforts, projections indicate that the UK
is on course to miss its 2030 clean power targets, with a forecasted shortfall
of 32 GW due to operational impediments and uncertainties surrounding market reforms.
Additionally, France achieved a record addition of 4 GW of solar capacity in
2023, bringing its total to approximately 24.5 GW. This growth was bolstered by
the Law for the Acceleration of Renewable Energies, which introduced measures
such as mandatory solar installations on new or renovated buildings over 500
m², solar canopies for large car parks, and a legal definition for
agrivoltaics. The residential sector saw significant growth, accounting for 24%
of new capacity additions, up from 14% in previous years. Commercial systems
between 100 kWp and 250 kWp represented 25% of new installations, a substantial
increase from 8% in 2022. Additionally, self-consumption installations
accounted for nearly 40% of new capacity in 2023, compared to around 20% in
2022, indicating a growing trend toward energy independence among consumers.
Solar Shed Light Market Competition Landscape Analysis
the global solar shed light
market is competitive and dynamic. Companies are actively engaged in product
innovation, strategic partnerships, and expanding their distribution networks
to strengthen their market positions.
Global Solar Shed
Light Market Recent Developments News:
San
Antonio City and Dalkia Energy Solution's Solar LED Streetlight Installation: In
August 2024, San Antonio City collaborated with Dalkia Energy
Solution to install 400 new units of solar-powered LED streetlights across
identified areas in San Antonio, aiming to enhance energy efficiency and
sustainability.
Yankon Group's Acquisition of Zhiyi IoT Technology: In January 2024, Yankon Group acquired Zhiyi IoT Technology to expand its sales market and enhance its competitiveness in the lighting industry.
The Global Solar Shed Light Market
is dominated by a few large companies, such as
·
PowerBee
·
Gama Sonic
·
Vortex Energy
·
Kingfisher Solar
·
Sunforce
·
Sun-In-One
·
Aootek
·
Leap Industries
·
Nature Power
·
Yankon Group
·
Others
1.
Global
Solar Shed Light Market Introduction and Market Overview
1.1. Objectives of the Study
1.2. Global Solar Shed Light Market
Scope and Market Estimation
1.2.1. Global Solar Shed Light Overall
Market Size (US$ Bn), Market CAGR (%), Market forecast (2025 - 2035)
1.2.2. Global Solar Shed Light Market
Revenue Share (%) and Growth Rate (Y-o-Y) from 2021 - 2035
1.3. Market Segmentation
1.3.1. Type of Global Solar Shed Light
Market
1.3.2. Power Rating of Global Solar
Shed Light Market
1.3.3. Application of Global Solar Shed
Light Market
1.3.4. Distribution Channel of Global Solar
Shed Light Market
1.3.5. Region of Global Solar Shed
Light Market
2.
Executive Summary
2.1. Demand Side Trends
2.2. Key Market Trends
2.3. Market Demand (US$ Bn) Analysis
2021 – 2024 and Forecast, 2025 – 2035
2.4. Demand and Opportunity Assessment
2.5. Demand Supply Scenario
2.6. Market Dynamics
2.6.1. Drivers
2.6.2. Limitations
2.6.3. Opportunities
2.6.4. Impact Analysis of Drivers and
Restraints
2.7. Pricing Trends Analysis
2.8. Overview of Technology Developments
2.9. Porter’s Five Forces Analysis
2.9.1. Bargaining Power of Suppliers
2.9.2. Bargaining Power of Buyers
2.9.3. Threat of Substitutes
2.9.4. Threat of New Entrants
2.9.5. Competitive Rivalry
2.10. PEST Analysis
2.10.1. Political Factors
2.10.2. Economic Factors
2.10.3. Social Factors
2.10.4. Technology Factors
2.11. Value Chain / Ecosystem Analysis
2.12. Key Regulation
3.
Global Solar Shed Light Market Estimates & Historical Trend Analysis (2021 - 2024)
4.
Global Solar Shed Light Market Estimates & Forecast Trend Analysis, by
Type
4.1. Global Solar Shed Light Market
Revenue (US$ Bn) Estimates and Forecasts, by Type, 2021 - 2035
4.1.1. Indoor
4.1.2. Outdoor
5.
Global Solar Shed Light Market Estimates & Forecast Trend Analysis, by
Power Rating
5.1. Global Solar Shed Light Market
Revenue (US$ Bn) Estimates and Forecasts, by Power Rating, 2021 - 2035
5.1.1. Less than 5 Watts
5.1.2. 5 – 10 Watts
5.1.3. 10 – 20 Watts
5.1.4. Above 20 Watts
6.
Global Solar Shed Light Market Estimates & Forecast Trend Analysis, by
Application
6.1. Global Solar Shed Light Market
Revenue (US$ Bn) Estimates and Forecasts, by Application, 2021 - 2035
6.1.1. Industrial
6.1.2. Commercial
6.1.3. Residential
7.
Global Solar Shed Light Market Estimates & Forecast Trend Analysis, by
Distribution Channel
7.1. Global Solar Shed Light Market
Revenue (US$ Bn) Estimates and Forecasts, by Distribution Channel, 2021 - 2035
7.1.1. Online
7.1.2. Supermarkets/Hypermarkets
7.1.3. Specialty Stores
7.1.4. Direct Sales & Distributors
8.
Global Solar Shed Light Market Estimates & Forecast Trend Analysis,
by Region
8.1. Global Solar Shed Light Market
Revenue (US$ Bn) Estimates and Forecasts, by Region, 2021 - 2035
8.1.1. North America
8.1.2. Eastern Europe
8.1.3. Western Europe
8.1.4. Asia Pacific
8.1.5. Middle East & Africa
8.1.6. Latin America
9.
North
America Solar Shed Light Market: Estimates & Forecast Trend Analysis
9.1.
North
America Solar Shed Light Market Assessments & Key Findings
9.1.1. North America Solar Shed Light
Market Introduction
9.1.2. North America Solar Shed Light
Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)
9.1.2.1. By Type
9.1.2.2. By Power Rating
9.1.2.3. By Application
9.1.2.4. By Distribution
Channel
9.1.2.5. By Country
9.1.2.5.1. The U.S.
9.1.2.5.2. Canada
9.1.2.5.3. Mexico
10. Western Europe Solar
Shed Light Market: Estimates &
Forecast Trend Analysis
10.1. Western Europe Solar Shed Light
Market Assessments & Key Findings
10.1.1. Western Europe Solar Shed Light
Market Introduction
10.1.2. Western Europe Solar Shed Light
Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)
10.1.2.1. By Type
10.1.2.2. By Power Rating
10.1.2.3. By Application
10.1.2.4. By Distribution
Channel
10.1.2.5. By Country
10.1.2.5.1.
Germany
10.1.2.5.2.
Italy
10.1.2.5.3.
U.K.
10.1.2.5.4.
France
10.1.2.5.5.
Spain
10.1.2.5.6.
Benelux
10.1.2.5.7.
Nordics
10.1.2.5.8. Rest
of W. Europe
11. Eastern Europe Solar
Shed Light Market: Estimates &
Forecast Trend Analysis
11.1. Eastern Europe Solar Shed Light
Market Assessments & Key Findings
11.1.1. Eastern Europe Solar Shed Light
Market Introduction
11.1.2. Eastern Europe Solar Shed Light
Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)
11.1.2.1. By Type
11.1.2.2. By Power Rating
11.1.2.3. By Application
11.1.2.4. By Distribution
Channel
11.1.2.5. By Country
11.1.2.5.1.
Russia
11.1.2.5.2.
Hungary
11.1.2.5.3.
Poland
11.1.2.5.4.
Balkan & Baltics
11.1.2.5.5. Rest of E. Europe
12. Asia Pacific Solar
Shed Light Market: Estimates &
Forecast Trend Analysis
12.1. Asia Pacific Market Assessments
& Key Findings
12.1.1. Asia Pacific Solar Shed Light
Market Introduction
12.1.2. Asia Pacific Solar Shed Light
Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)
12.1.2.1. By Type
12.1.2.2. By Power Rating
12.1.2.3. By Application
12.1.2.4. By Distribution
Channel
12.1.2.5. By Country
12.1.2.5.1. China
12.1.2.5.2. Japan
12.1.2.5.3. India
12.1.2.5.4. Australia & New Zealand
12.1.2.5.5. South Korea
12.1.2.5.6. ASEAN
12.1.2.5.7. Rest of Asia Pacific
13. Middle East & Africa Solar
Shed Light Market: Estimates &
Forecast Trend Analysis
13.1. Middle East & Africa Market
Assessments & Key Findings
13.1.1. Middle
East & Africa Solar
Shed Light Market Introduction
13.1.2. Middle
East & Africa Solar
Shed Light Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)
13.1.2.1. By Type
13.1.2.2. By Power Rating
13.1.2.3. By Application
13.1.2.4. By Distribution
Channel
13.1.2.5. By Country
13.1.2.5.1. UAE
13.1.2.5.2. Saudi
Arabia
13.1.2.5.3. Turkey
13.1.2.5.4. South
Africa
13.1.2.5.5. Rest of
MEA
14. Latin America
Solar Shed Light Market: Estimates
& Forecast Trend Analysis
14.1. Latin America Market Assessments
& Key Findings
14.1.1. Latin America Solar Shed Light
Market Introduction
14.1.2. Latin America Solar Shed Light
Market Size Estimates and Forecast (US$ Billion) (2021 - 2035)
14.1.2.1. By Type
14.1.2.2. By Power Rating
14.1.2.3. By Application
14.1.2.4. By Distribution
Channel
14.1.2.5. By Country
14.1.2.5.1. Brazil
14.1.2.5.2. Argentina
14.1.2.5.3. Colombia
14.1.2.5.4. Rest of
LATAM
15. Country Wise Market:
Introduction
16. Competition Landscape
16.1. Global Solar Shed Light Market Product
Mapping
16.2. Global Solar Shed Light Market
Concentration Analysis, by Leading Players / Innovators / Emerging Players /
New Entrants
16.3. Global Solar Shed Light Market Tier
Structure Analysis
16.4. Global Solar Shed Light Market
Concentration & Company Market Shares (%) Analysis, 2023
17. Company Profiles
17.1. PowerBee
17.1.1. Company Overview & Key Stats
17.1.2. Financial Performance & KPIs
17.1.3. Product Portfolio
17.1.4. SWOT Analysis
17.1.5. Business Strategy & Recent
Developments
* Similar details would be provided
for all the players mentioned below
17.2. Gama Sonic
17.3. Vortex Energy
17.4. Kingfisher Solar
17.5. Sunforce
17.6. Sun-In-One
17.7. Aootek
17.8. Leap Industries
17.9. Nature Power
17.10. Yankon Group
17.11. Others
18. Research
Methodology
18.1. External Transportations /
Databases
18.2. Internal Proprietary Database
18.3. Primary Research
18.4. Secondary Research
18.5. Assumptions
18.6. Limitations
18.7. Report FAQs
19. Research
Findings & Conclusion
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Solar Shed Light Market was valued at USD 1.94 Billion in 2025.
Solar Shed Light Market size will increase at approximate CAGR of 8.5% during the forecasted period.
Major companies operating within the market are PowerBee, Gama Sonic, Vortex Energy, Kingfisher Solar, Sunforce, Sun-In-One, Aootek, Leap Industries, Nature Power, Yankon Group and others.
Europe dominates the market with an active share of 45%.
Only Three Thousand Four Hundred Ninety Nine US dollar
Only Four Thousand Four Hundred Ninety Nine US dollar
Only Five Thousand Four Hundred Ninety Nine US dollar