Off-grid solar power systems allow you to store your solar power in batteries for use when the power grid goes down or if you are not on the grid. Hybrid systems provide power to offset the grid power whenever the sun is shining and will even send excess power to the grid for credit for later use.
Owing to various expensive factors, the cost of the main grid extension for rural electrification is quite high. Grid extension is affordable and offers a lower cost per kW while covering a highly dense area. Regions lacking grid access are sparsely populated and as a result, grid extension becomes an expensive option.
Because of the high cost of grid extension, several governments and communities are implementing stand-alone energy systems to provide decentralized power to remote households and communities since these off-grid systems are highly cost-effective and can be scaled according to the various power needs.
The Off-grid Solar Power Systems market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Off-grid Solar Power Systems.
This report presents the worldwide Off-grid Solar Power Systems market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Greenlight Planet
M-KOPA Kenya
Schneider Electric
SMA Solar Technology
Su-Kam Power Systems
Off-grid Solar Power Systems Breakdown Data by Type
DC
AC
Off-grid Solar Power Systems Breakdown Data by Application
Residental
Non-residential
Off-grid Solar Power Systems Production by Region
United States
Europe
China
Japan
Other Regions
Off-grid Solar Power Systems Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Off-grid Solar Power Systems status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Off-grid Solar Power Systems manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Off-grid Solar Power Systems :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (MW). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Off-grid Solar Power Systems market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Off-grid Solar Power Systems . Industry analysis & Market Report on Off-grid Solar Power Systems is a syndicated market report, published as Global Off-grid Solar Power Systems Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Off-grid Solar Power Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.