1h Free Analyst Time
The off-grid solar power systems market is forecast to grow by USD 4.01 billion during 2023-2028, accelerating at a CAGR of 12.93% during the forecast period. The report on the off-grid solar power systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high cost of grid expansion, increasing government support, and higher adoption of hybrid power systems.
The off-grid solar power systems market is segmented as below:
By Type
- AC
- DC
By Application
- Non-residential
- Residential
By Geography
- APAC
- Europe
- Middle East and Africa
- North America
- South America
The report on the off-grid solar power systems market covers the following areas:
- Off-grid solar power systems market sizing
- Off-grid solar power systems market forecast
- Off-grid solar power systems market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global off-grid solar power systems market: ABB Ltd., AKUO ENERGY SAS, Azuri Technologies Ltd., Canadian Solar Inc., EnerSys, ENGIE SA, Gem Energy Australia Pty Ltd., Greenlight Planet, Havells India Ltd., JinkoSolar Holding Co. Ltd., Kirloskar Group, M KOPA, OMC Power Pvt. Ltd., Oolu LLC, Powerhive Inc., Schneider Electric SE, SMA Solar Technology AG, SunPower Corp., Tata Sons Pvt. Ltd., and Vector Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing pay-as-you-go (payg) model."
According to the report, one of the major drivers for this market is the high cost of grid expansion.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- AKUO ENERGY SAS
- Azuri Technologies Ltd.
- Canadian Solar Inc.
- EnerSys
- ENGIE SA
- Gem Energy Australia Pty Ltd.
- Greenlight Planet
- Havells India Ltd.
- JinkoSolar Holding Co. Ltd.
- Kirloskar Group
- M KOPA
- OMC Power Pvt. Ltd.
- Oolu LLC
- Powerhive Inc.
- Schneider Electric SE
- SMA Solar Technology AG
- SunPower Corp.
- Tata Sons Pvt. Ltd.
- Vector Ltd.
