openPR Logo
Press release

Off-Grid Solar Market 2029 Global Overview and Key Leaders Analysis: Schneider Electric, SMA Solar Technology, Canadian Solar, Yingli Solar, Su-Kam Power Systems, Backwoods Solar, HelioPower, Solar Power Rocks, Greenlight Planet

02-13-2019 09:56 AM CET | Energy & Environment

Press release from: Market Research Future

Off-Grid Solar Market

Off-Grid Solar Market

Global off-grid solar market is expected to witness substantial growth during the forecast period owing to minimization of carbon footprint and less electricity costs. The global off-grid solar market is expected to grow at a 12.50% CAGR during the forecast period. Off-grid system are powered by energy from sun and this energy is collected through solar panels and is taken into an inverter, which then transfers the energy into usable energy. The power collected from solar panels is stored in batteries and can be used to power residential applications. With the help of off-grid solar, end-users are completely independent from utility company as they are not connected to the grid and can use battery back-up for power requirements.

Get Sample Copy @ https://www.marketresearchfuture.com/sample_request/7227

Segmental Analysis

Global off-grid solar market has been segmented based on product, application, and region. Based on type, the market is classified into up to 10 W, 11-50 W, 51-100 W, and above 100 W. Up to 100 W segment is leading the market and has the largest market share, mainly due to rising usage in residential applications. The global off-grid solar is further segmented based on application, including residential, commercial, and industrial. Residential segment of the global off-grid solar market is estimated to register the highest growth rate during the forecast period.

Prominent Key Players

The key players of the global off-grid solar market are Schneider Electric, SMA Solar Technology, Canadian Solar, Yingli Solar, Su-Kam Power Systems, Backwoods Solar, HelioPower, Solar Power Rocks, Greenlight Planet, and Off Grid By Design, among others.

Asia Pacific accounts for the largest market share in the Off-Grid Solar Market

Region wise, Asia Pacific held the largest market share of the global off-grid solar market in 2017. It is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, mainly due to the rising investment in renewable energy sources and high demand for off-grid solar systems by the residential sector. The off-grid solar market would be mainly driven by the favorable government regulations against greenhouse gas emissions.

Access Full Report Details @ https://www.marketresearchfuture.com/reports/off-grid-solar-market-7227

Brief TOC of Off-Grid Solar Market

1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
3.3 Market Size Estimation
3.4 Forecast Model
3.5 List Of Assumptions
3.6 Limitations Of The Study
4 Market Insights
5 Market Dynamics
5.1 Introduction
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunities
5.5 Porter’s Five Forces Analysis
5.5.1 Threat Of New Entrants
5.5.2 Bargaining Power Of Buyers
5.5.3 Bargaining Power Of Suppliers
5.5.4 Threat Of Substitutes
5.5.5 Intensity Of Rivalry
5.6 Value Chain/Supply Chain Analysis
Continued…..

List Of Tables

Table 1 Global Off-Grid Solar Market, By Region, 2016-2023 (USD Million)
Table 2 North America Off-Grid Solar Market, By Country, 2016-2023 (USD Million)
Table 3 Europe Off-Grid Solar Market, By Country, 2016-2023 (USD Million)
Table 4 Asia-Pacific Off-Grid Solar Market, By Country, 2016-2023 (USD Million)
Table 5 Middle East & Africa Off-Grid Solar Market, By Country, 2016-2023 (USD Million)
Table 6 South America Off-Grid Solar Market, By Country, 2016-2023 (USD Million)
Table 7 Global Solar Water Heater Y Market, By Product, 2016-2023 (USD Million)
Table 8 North America Off-Grid Solar Market, By Product, 2016-2023 (USD Million)
Table 9 Europe Off-Grid Solar Market, By Product, 2016-2023 (USD Million)
Table 10 Asia-Pacific Off-Grid Solar Market, By Product, 2016-2023 (USD Million)
Table 11 Middle East & Africa Off-Grid Solar Market, By Product, 2016-2023 (USD Million)
Table 12 South America Off-Grid Solar Market, By Product, 2016-2023 (USD Million)
Continued….

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Off-Grid Solar Market 2029 Global Overview and Key Leaders Analysis: Schneider Electric, SMA Solar Technology, Canadian Solar, Yingli Solar, Su-Kam Power Systems, Backwoods Solar, HelioPower, Solar Power Rocks, Greenlight Planet here

News-ID: 1583934 • Views:

More Releases from Market Research Future

Robotics Market Growth Outlook 2025-2035 with a Strong 18.42% CAGR
Robotics Market Growth Outlook 2025-2035 with a Strong 18.42% CAGR
The Robotics Market report provides detailed insights into the market trends, competitive landscape, growth factors, and opportunities across global regions. Robotics Market Overview: The Robotics Market is witnessing exceptional growth driven by rapid automation across industries, advancements in artificial intelligence, and increasing demand for efficiency and precision in operations. Robotics technologies are transforming manufacturing, healthcare, logistics, defense, and service sectors by enabling higher productivity, accuracy, and safety. The Robotics Market Size was
SCADA Market Forecast: Industry to Expand from USD 12,953.28 Million in 2025 to USD 27,584.34 Million by 2035
SCADA Market Forecast: Industry to Expand from USD 12,953.28 Million in 2025 to …
The SCADA Market report provides detailed insights into the market trends, competitive landscape, growth factors, and opportunities across global regions. SCADA Market Overview: The SCADA Market is experiencing strong growth as industries increasingly adopt automation, real-time monitoring, and centralized control systems to improve operational efficiency and reliability. Supervisory Control and Data Acquisition (SCADA) systems are essential for monitoring, controlling, and analyzing industrial processes across utilities, manufacturing, oil & gas, and infrastructure sectors.
Power Electronics Market Revenue to Surpass USD 75 Billion by 2035 Amid Electrification Wave
Power Electronics Market Revenue to Surpass USD 75 Billion by 2035 Amid Electrif …
The Power Electronics Market report provides detailed insights into the market trends, competitive landscape, growth factors, and opportunities across global regions. Power Electronics Market Overview: The Power Electronics Market is witnessing consistent growth due to rising demand for efficient power conversion, electrification of transportation, and rapid adoption of renewable energy systems. Power electronics play a critical role in controlling and converting electrical power in applications ranging from consumer electronics to industrial automation
Data Center UPS Market Size Poised for Robust Growth Amid Rising Global Data Infrastructure Demand
Data Center UPS Market Size Poised for Robust Growth Amid Rising Global Data Inf …
The Data Center UPS Market report provides detailed insights into the market trends, competitive landscape, growth factors, and opportunities across global regions. Data Center UPS Market Overview: The Data Center UPS Market is witnessing strong growth driven by the rapid expansion of data centers, increasing cloud adoption, and the critical need for uninterrupted power supply to ensure operational continuity. Data center UPS systems play a vital role in protecting sensitive IT infrastructure

All 5 Releases


More Releases for Solar

Biohybrid Solar Cell Market Professional Survey Report 2022 - Jinko Solar, JA SO …
The Biohybrid Solar Cell Market Report 2022 provides a comprehensive analysis of observable trends and projections. This research shows how to attract a large number of customers. Our certified crew of economists, researchers, and advisers has made further attempts in projecting the global industry by utilising accredited global Biohybrid Solar Cell market information tools as well as various instruments and ways to successfully review and get information. The research argues
Home Solar Power System Market Size, Share, Trends, Growth - Tesla, Panasonic So …
The Global Home Solar Power System Market study includes new innovations, market dynamics, strategic profiling in terms of the future market strategies and shares for the subsectors of the industry. This research consists of details related to the size of the industries, the major players, markets, sales volume and value. This study offers a detail data on the historical data pointers as well as forecasts by region/country for the sectors
Solar PV Module Market Outlook To 2024 - Trina Solar, Canadian Solar Inc., JA So …
Solar PV module market from utility sector has witnessed a substantial growth globally in recent years. In the first quarter of the year, Vietnam's Ministry of Industry and Trade have talked about their FiT scheme related to utility-based solar power projects. Ongoing electrification programs and incentives benefit pertaining to grid connected power generation is surging the demand for on-grid solar PV modules. On-grid connection represented 55% of the overall solar
Solar Simulator Market Distribution Channel 2019: Spire Solar, Solar Energy Inte …
Solar Simulator Market report aims to examine the developments of market including its market improvements, developments, positions and others. This report on the Solar Simulator market offers explanatory knowledge on the market parts like dominating players, drivers and restraints, production, revenue, consumption, import and export, and the most effective development within the organization size, deployment type, inside, segmentation comprised throughout this analysis, also major the players have used various strategies such
Solar PV Module Market By Key Vendors: Trina Solar, Canadian Solar Inc., JA Sola …
UK solar PV module market is set to expand owing to government initiatives towards sustainable energy integration. The export tariff introduced by the UK government facilitates USD 0.06 per unit for the surplus electricity injected back to the grid by the generator. Favorable government reforms with ambitious plan towards carbon footprint reduction will further boost the business outlook. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1563 Solar PV Module Market size
Global Solar Thermal Market 2016 Abengoa Solar, SUPCON Solar, Solar Euromed
Global Solar Thermal Market Research Report The MRS Research Group Solar Thermal report by QY Research represents an inclusive evaluation of the Solar Thermal Market and comprises considerable insights, historical data, facts,and statistical and industry-validated data of the global market.Additionally,it consists of estimated data that is evaluated with the help of suitable set of methodologies and assumptions.The MRS Research Group report research highlights informative data and in-depth analysis of Solar Thermal