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Off-Grid Solar Lighting-Global Market Insights and Sales Trends 2024
Synopsis
The global Off-Grid Solar Lighting market size is expected to reach US$ 5205.7 million by 2029, growing at a CAGR of 15.1% from 2023 to 2029. The market is mainly driven by the significant applications of Off-Grid Solar Lighting in various end use industries. The expanding demands from the Residential and Commercial Use, are propelling Off-Grid Solar Lighting market. Solar Lantern System (SLS), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Solar Home Systems (SHS) segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Off-Grid Solar Lighting market, driven by demand from China, the second largest economy with some signs of stabilising, the Off-Grid Solar Lighting market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Off-Grid Solar Lighting, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Off-Grid Solar Lighting market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Off-Grid Solar Lighting market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Off-Grid Solar Lighting sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Off-Grid Solar Lighting covered in this report include OSRAM, Koninklijke Philips, Niwasolar, Tata Power Solar Systems, SunnyMoney, Omnivoltaic Power, WakaWaka, BBOXX and Sinoware Technology, etc.
The global Off-Grid Solar Lighting market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
OSRAM
Koninklijke Philips
Niwasolar
Tata Power Solar Systems
SunnyMoney
Omnivoltaic Power
WakaWaka
BBOXX
Sinoware Technology
Azuri Technologies
Global Off-Grid Solar Lighting market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Off-Grid Solar Lighting market, Segment by Type:
Solar Lantern System (SLS)
Solar Home Systems (SHS)
Large Solar Home Systems (LSHS)
Global Off-Grid Solar Lighting market, by Application
Residential
Commercial Use
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Off-Grid Solar Lighting manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Off-Grid Solar Lighting in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Off-Grid Solar Lighting market size is expected to reach US$ 5205.7 million by 2029, growing at a CAGR of 15.1% from 2023 to 2029. The market is mainly driven by the significant applications of Off-Grid Solar Lighting in various end use industries. The expanding demands from the Residential and Commercial Use, are propelling Off-Grid Solar Lighting market. Solar Lantern System (SLS), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Solar Home Systems (SHS) segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Off-Grid Solar Lighting market, driven by demand from China, the second largest economy with some signs of stabilising, the Off-Grid Solar Lighting market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Off-Grid Solar Lighting, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Off-Grid Solar Lighting market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Off-Grid Solar Lighting market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Off-Grid Solar Lighting sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Off-Grid Solar Lighting covered in this report include OSRAM, Koninklijke Philips, Niwasolar, Tata Power Solar Systems, SunnyMoney, Omnivoltaic Power, WakaWaka, BBOXX and Sinoware Technology, etc.
The global Off-Grid Solar Lighting market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
OSRAM
Koninklijke Philips
Niwasolar
Tata Power Solar Systems
SunnyMoney
Omnivoltaic Power
WakaWaka
BBOXX
Sinoware Technology
Azuri Technologies
Global Off-Grid Solar Lighting market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Off-Grid Solar Lighting market, Segment by Type:
Solar Lantern System (SLS)
Solar Home Systems (SHS)
Large Solar Home Systems (LSHS)
Global Off-Grid Solar Lighting market, by Application
Residential
Commercial Use
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Off-Grid Solar Lighting manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Off-Grid Solar Lighting in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Off-Grid Solar Lighting Market Overview
1.1 Off-Grid Solar Lighting Product Overview
1.2 Off-Grid Solar Lighting Market Segment by Type
1.2.1 Solar Lantern System (SLS)
1.2.2 Solar Home Systems (SHS)
1.2.3 Large Solar Home Systems (LSHS)
1.3 Global Off-Grid Solar Lighting Market Size by Type
1.3.1 Global Off-Grid Solar Lighting Market Size Overview by Type (2018-2029)
1.3.2 Global Off-Grid Solar Lighting Historic Market Size Review by Type (2018-2023)
1.3.3 Global Off-Grid Solar Lighting Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Off-Grid Solar Lighting Sales Breakdown by Type (2018-2023)
1.4.2 Europe Off-Grid Solar Lighting Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Off-Grid Solar Lighting Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Off-Grid Solar Lighting Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Off-Grid Solar Lighting Sales Breakdown by Type (2018-2023)
2 Global Off-Grid Solar Lighting Market Competition by Company
2.1 Global Top Players by Off-Grid Solar Lighting Sales (2018-2023)
2.2 Global Top Players by Off-Grid Solar Lighting Revenue (2018-2023)
2.3 Global Top Players by Off-Grid Solar Lighting Price (2018-2023)
2.4 Global Top Manufacturers Off-Grid Solar Lighting Manufacturing Base Distribution, Sales Area, Product Type
2.5 Off-Grid Solar Lighting Market Competitive Situation and Trends
2.5.1 Off-Grid Solar Lighting Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Off-Grid Solar Lighting Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Off-Grid Solar Lighting as of 2022)
2.7 Date of Key Manufacturers Enter into Off-Grid Solar Lighting Market
2.8 Key Manufacturers Off-Grid Solar Lighting Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Off-Grid Solar Lighting Status and Outlook by Region
3.1 Global Off-Grid Solar Lighting Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Off-Grid Solar Lighting Historic Market Size by Region
3.2.1 Global Off-Grid Solar Lighting Sales in Volume by Region (2018-2023)
3.2.2 Global Off-Grid Solar Lighting Sales in Value by Region (2018-2023)
3.2.3 Global Off-Grid Solar Lighting Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Off-Grid Solar Lighting Forecasted Market Size by Region
3.3.1 Global Off-Grid Solar Lighting Sales in Volume by Region (2024-2029)
3.3.2 Global Off-Grid Solar Lighting Sales in Value by Region (2024-2029)
3.3.3 Global Off-Grid Solar Lighting Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Off-Grid Solar Lighting by Application
4.1 Off-Grid Solar Lighting Market Segment by Application
4.1.1 Residential
4.1.2 Commercial Use
4.2 Global Off-Grid Solar Lighting Market Size by Application
4.2.1 Global Off-Grid Solar Lighting Market Size Overview by Application (2018-2029)
4.2.2 Global Off-Grid Solar Lighting Historic Market Size Review by Application (2018-2023)
4.2.3 Global Off-Grid Solar Lighting Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Off-Grid Solar Lighting Sales Breakdown by Application (2018-2023)
4.3.2 Europe Off-Grid Solar Lighting Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Off-Grid Solar Lighting Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Off-Grid Solar Lighting Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Off-Grid Solar Lighting Sales Breakdown by Application (2018-2023)
5 North America Off-Grid Solar Lighting by Country
5.1 North America Off-Grid Solar Lighting Historic Market Size by Country
5.1.1 North America Off-Grid Solar Lighting Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Off-Grid Solar Lighting Sales in Volume by Country (2018-2023)
5.1.3 North America Off-Grid Solar Lighting Sales in Value by Country (2018-2023)
5.2 North America Off-Grid Solar Lighting Forecasted Market Size by Country
5.2.1 North America Off-Grid Solar Lighting Sales in Volume by Country (2024-2029)
5.2.2 North America Off-Grid Solar Lighting Sales in Value by Country (2024-2029)
6 Europe Off-Grid Solar Lighting by Country
6.1 Europe Off-Grid Solar Lighting Historic Market Size by Country
6.1.1 Europe Off-Grid Solar Lighting Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Off-Grid Solar Lighting Sales in Volume by Country (2018-2023)
6.1.3 Europe Off-Grid Solar Lighting Sales in Value by Country (2018-2023)
6.2 Europe Off-Grid Solar Lighting Forecasted Market Size by Country
6.2.1 Europe Off-Grid Solar Lighting Sales in Volume by Country (2024-2029)
6.2.2 Europe Off-Grid Solar Lighting Sales in Value by Country (2024-2029)
7 Asia-Pacific Off-Grid Solar Lighting by Region
7.1 Asia-Pacific Off-Grid Solar Lighting Historic Market Size by Region
7.1.1 Asia-Pacific Off-Grid Solar Lighting Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Off-Grid Solar Lighting Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Off-Grid Solar Lighting Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Off-Grid Solar Lighting Forecasted Market Size by Region
7.2.1 Asia-Pacific Off-Grid Solar Lighting Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Off-Grid Solar Lighting Sales in Value by Region (2024-2029)
8 Latin America Off-Grid Solar Lighting by Country
8.1 Latin America Off-Grid Solar Lighting Historic Market Size by Country
8.1.1 Latin America Off-Grid Solar Lighting Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Off-Grid Solar Lighting Sales in Volume by Country (2018-2023)
8.1.3 Latin America Off-Grid Solar Lighting Sales in Value by Country (2018-2023)
8.2 Latin America Off-Grid Solar Lighting Forecasted Market Size by Country
8.2.1 Latin America Off-Grid Solar Lighting Sales in Volume by Country (2024-2029)
8.2.2 Latin America Off-Grid Solar Lighting Sales in Value by Country (2024-2029)
9 Middle East and Africa Off-Grid Solar Lighting by Country
9.1 Middle East and Africa Off-Grid Solar Lighting Historic Market Size by Country
9.1.1 Middle East and Africa Off-Grid Solar Lighting Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Off-Grid Solar Lighting Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Off-Grid Solar Lighting Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Off-Grid Solar Lighting Forecasted Market Size by Country
9.2.1 Middle East and Africa Off-Grid Solar Lighting Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Off-Grid Solar Lighting Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 OSRAM
10.1.1 OSRAM Company Information
10.1.2 OSRAM Introduction and Business Overview
10.1.3 OSRAM Off-Grid Solar Lighting Sales, Revenue and Gross Margin (2018-2023)
10.1.4 OSRAM Off-Grid Solar Lighting Products Offered
10.1.5 OSRAM Recent Development
10.2 Koninklijke Philips
10.2.1 Koninklijke Philips Company Information
10.2.2 Koninklijke Philips Introduction and Business Overview
10.2.3 Koninklijke Philips Off-Grid Solar Lighting Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Koninklijke Philips Off-Grid Solar Lighting Products Offered
10.2.5 Koninklijke Philips Recent Development
10.3 Niwasolar
10.3.1 Niwasolar Company Information
10.3.2 Niwasolar Introduction and Business Overview
10.3.3 Niwasolar Off-Grid Solar Lighting Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Niwasolar Off-Grid Solar Lighting Products Offered
10.3.5 Niwasolar Recent Development
10.4 Tata Power Solar Systems
10.4.1 Tata Power Solar Systems Company Information
10.4.2 Tata Power Solar Systems Introduction and Business Overview
10.4.3 Tata Power Solar Systems Off-Grid Solar Lighting Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Tata Power Solar Systems Off-Grid Solar Lighting Products Offered
10.4.5 Tata Power Solar Systems Recent Development
10.5 SunnyMoney
10.5.1 SunnyMoney Company Information
10.5.2 SunnyMoney Introduction and Business Overview
10.5.3 SunnyMoney Off-Grid Solar Lighting Sales, Revenue and Gross Margin (2018-2023)
10.5.4 SunnyMoney Off-Grid Solar Lighting Products Offered
10.5.5 SunnyMoney Recent Development
10.6 Omnivoltaic Power
10.6.1 Omnivoltaic Power Company Information
10.6.2 Omnivoltaic Power Introduction and Business Overview
10.6.3 Omnivoltaic Power Off-Grid Solar Lighting Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Omnivoltaic Power Off-Grid Solar Lighting Products Offered
10.6.5 Omnivoltaic Power Recent Development
10.7 WakaWaka
10.7.1 WakaWaka Company Information
10.7.2 WakaWaka Introduction and Business Overview
10.7.3 WakaWaka Off-Grid Solar Lighting Sales, Revenue and Gross Margin (2018-2023)
10.7.4 WakaWaka Off-Grid Solar Lighting Products Offered
10.7.5 WakaWaka Recent Development
10.8 BBOXX
10.8.1 BBOXX Company Information
10.8.2 BBOXX Introduction and Business Overview
10.8.3 BBOXX Off-Grid Solar Lighting Sales, Revenue and Gross Margin (2018-2023)
10.8.4 BBOXX Off-Grid Solar Lighting Products Offered
10.8.5 BBOXX Recent Development
10.9 Sinoware Technology
10.9.1 Sinoware Technology Company Information
10.9.2 Sinoware Technology Introduction and Business Overview
10.9.3 Sinoware Technology Off-Grid Solar Lighting Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Sinoware Technology Off-Grid Solar Lighting Products Offered
10.9.5 Sinoware Technology Recent Development
10.10 Azuri Technologies
10.10.1 Azuri Technologies Company Information
10.10.2 Azuri Technologies Introduction and Business Overview
10.10.3 Azuri Technologies Off-Grid Solar Lighting Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Azuri Technologies Off-Grid Solar Lighting Products Offered
10.10.5 Azuri Technologies Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Off-Grid Solar Lighting Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Off-Grid Solar Lighting Industrial Chain Analysis
11.4 Off-Grid Solar Lighting Market Dynamics
11.4.1 Off-Grid Solar Lighting Industry Trends
11.4.2 Off-Grid Solar Lighting Market Drivers
11.4.3 Off-Grid Solar Lighting Market Challenges
11.4.4 Off-Grid Solar Lighting Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Off-Grid Solar Lighting Distributors
12.3 Off-Grid Solar Lighting Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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