Off-Grid Solar Lighting

World Market Report

MCP15951

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28
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DATE

JAN 2022

TABLES

173

PAGES

242

EDITION

9

PRICE

USD 4950

CODE

MCP15951


COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)

STRONG ACTIVE NICHE TRIVIAL

%

VALIDATED RESEARCH *

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S A N T
S A N T
S A N T
S A N T
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Global Off-Grid Solar Lighting Market to Reach $4.2 Billion by 2026

Amid the COVID-19 crisis, the global market for Off-Grid Solar Lighting estimated at US$1.6 Billion, is projected to reach a revised size of US$4.2 Billion by 2026, growing at a CAGR of 17.3% over the analysis period. Solar Lantern System (SLS), one of the segments analyzed in the report, is projected to record a 18.3% CAGR and reach US$3.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Solar Home Systems (SHS) segment is readjusted to a revised 15.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $567.4 Million in 2021, While China is Forecast to Reach $728.1 Million by 2026

The Off-Grid Solar Lighting market in the U.S. is estimated at US$567.4 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$728.1 Million by the year 2026 trailing a CAGR of 16.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.6% and 14.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 12.6% CAGR.

Large Solar Home Systems (LSHS) Segment to Reach US$428.5 Million by the year 2026

In the global Large Solar Home Systems (LSHS) segment, USA, Canada, Japan, China and Europe will drive the 13.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$154.4 Million will reach a projected size of US$383.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

SELECT PLAYERS

Azuri Technologies Ltd.; BBOXX Ltd.; Koninklijke Philips NV; Niwasolar; OSRAM GmbH; Sinoware Technology Co. Ltd.; SolarAid - SunnyMoney (Malawi); Tata Power Solar Systems Limited; WakaWaka Europe B.V.

SEGMENTS

» Segment (Solar Lantern System (SLS), Solar Home Systems (SHS), Large Solar Home Systems (LSHS))

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
World Current & Future Analysis for Off-Grid Solar Lighting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Off-Grid Solar Lighting by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Off-Grid Solar Lighting by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2020 & 2027
World Current & Future Analysis for Solar Lantern System (SLS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Solar Lantern System (SLS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Solar Lantern System (SLS) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
World Current & Future Analysis for Solar Home Systems (SHS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Solar Home Systems (SHS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Solar Home Systems (SHS) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
World Current & Future Analysis for Large Solar Home Systems (LSHS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
World Historic Review for Large Solar Home Systems (LSHS) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Large Solar Home Systems (LSHS) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
UNITED STATES
USA Current & Future Analysis for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
USA Historic Review for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
USA 15-Year Perspective for Off-Grid Solar Lighting by Segment - Percentage Breakdown of Value Sales for Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) for the Years 2012, 2020 & 2027
CANADA
Canada Current & Future Analysis for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Canada Historic Review for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Canada 15-Year Perspective for Off-Grid Solar Lighting by Segment - Percentage Breakdown of Value Sales for Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) for the Years 2012, 2020 & 2027
JAPAN
Japan Current & Future Analysis for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Japan Historic Review for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Japan 15-Year Perspective for Off-Grid Solar Lighting by Segment - Percentage Breakdown of Value Sales for Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) for the Years 2012, 2020 & 2027
CHINA
China Current & Future Analysis for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
China Historic Review for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
China 15-Year Perspective for Off-Grid Solar Lighting by Segment - Percentage Breakdown of Value Sales for Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) for the Years 2012, 2020 & 2027
EUROPE
Europe Current & Future Analysis for Off-Grid Solar Lighting by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
Europe Historic Review for Off-Grid Solar Lighting by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Off-Grid Solar Lighting by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2020 & 2027
Europe Current & Future Analysis for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Europe Historic Review for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Off-Grid Solar Lighting by Segment - Percentage Breakdown of Value Sales for Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) for the Years 2012, 2020 & 2027
FRANCE
France Current & Future Analysis for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
France Historic Review for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
France 15-Year Perspective for Off-Grid Solar Lighting by Segment - Percentage Breakdown of Value Sales for Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) for the Years 2012, 2020 & 2027
GERMANY
Germany Current & Future Analysis for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Germany Historic Review for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Germany 15-Year Perspective for Off-Grid Solar Lighting by Segment - Percentage Breakdown of Value Sales for Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) for the Years 2012, 2020 & 2027
ITALY
Italy Current & Future Analysis for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Italy Historic Review for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Italy 15-Year Perspective for Off-Grid Solar Lighting by Segment - Percentage Breakdown of Value Sales for Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) for the Years 2012, 2020 & 2027
UNITED KINGDOM
UK Current & Future Analysis for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
UK Historic Review for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
UK 15-Year Perspective for Off-Grid Solar Lighting by Segment - Percentage Breakdown of Value Sales for Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) for the Years 2012, 2020 & 2027
REST OF EUROPE
Rest of Europe Current & Future Analysis for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of Europe Historic Review for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Rest of Europe 15-Year Perspective for Off-Grid Solar Lighting by Segment - Percentage Breakdown of Value Sales for Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) for the Years 2012, 2020 & 2027
ASIA-PACIFIC
Asia-Pacific Current & Future Analysis for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Asia-Pacific Historic Review for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Asia-Pacific 15-Year Perspective for Off-Grid Solar Lighting by Segment - Percentage Breakdown of Value Sales for Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) for the Years 2012, 2020 & 2027
REST OF WORLD
Rest of World Current & Future Analysis for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
Rest of World Historic Review for Off-Grid Solar Lighting by Segment - Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
Rest of World 15-Year Perspective for Off-Grid Solar Lighting by Segment - Percentage Breakdown of Value Sales for Solar Lantern System (SLS), Solar Home Systems (SHS) and Large Solar Home Systems (LSHS) for the Years 2012, 2020 & 2027
Total Companies Profiled: 38

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