Press release
Balcony Solar System Market 2024: Trends, Growth Drivers, and Market Share Analysis
Balcony Solar System MarketBalcony photovoltaic, as the name suggests, refers to the installation of photovoltaic systems on balconies, which belongs to ultra small distributed photovoltaic systems and is also known as plug-in photovoltaic systems. Users only need to fix the photovoltaic system on the balcony railing, insert the system cable into the home socket, and use solar energy to generate electricity supply.
The global Balcony Solar System market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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North American market for Balcony Solar System is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Balcony Solar System is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Balcony Solar System include Denver, Apsystems, Barrel, V-TAC, SAKO Power, Sungold, Ecoflow, LONGi and Jiangsu Runda PV, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Balcony Solar System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Balcony Solar System.
Report Scope
The Balcony Solar System market size, estimations, and forecasts are provided in terms of output/shipments (KW) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Balcony Solar System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the
competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Balcony Solar System manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
By Type
• 300W-600W
• 600W-800W
By Application
• Household Use
• Commercial Use
Key Companies
Denver, Apsystems, Barrel, V-TAC, SAKO Power, Sungold, Ecoflow, LONGi, Jiangsu Runda PV, Jiangsu Nicetown Intelligent Energy, Ningbo Skycorp Solar, Sunway, Kseng Solar, Chengdu XDS, DDS
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