PUBLISHER: Value Market Research | PRODUCT CODE: 1475198
PUBLISHER: Value Market Research | PRODUCT CODE: 1475198
Global Off-Grid Solar Energy Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032
The global demand for Off-Grid Solar Energy Market is presumed to reach the market size of nearly USD 7165.99 Million by 2032 from USD 2794.56 Million in 2023 with a CAGR of 11.03% under the study period 2024 - 2032.
Off-grid solar energy is a decentralized electricity generation system that operates independently from the traditional utility grid. It typically involves installing solar panels, batteries, charge controllers, and inverters to generate, store, and distribute electricity for residential, commercial, or industrial applications in remote or rural areas where access to the grid is limited or unavailable. These systems provide reliable and sustainable power solutions for lighting, heating, cooling, telecommunications, water pumping, and other essential needs, offering energy access and autonomy to off-grid communities, remote facilities, and isolated locations.
MARKET DYNAMICS
The growing global focus on sustainable development, energy security, and climate change mitigation drives the adoption of off-grid solar energy systems as viable alternatives to traditional fossil fuel-based electricity generation. With population growth, urbanization, and electrification driving the need for decentralized energy solutions, there is a growing emphasis on off-grid solar solutions that offer reliable power supply, reduce greenhouse gas emissions, and enhance energy resilience in off-grid and underserved communities. Additionally, advancements in solar photovoltaic (PV) technology, battery storage systems, and energy management software enable the development of off-grid solar solutions that offer improved performance, energy efficiency, and system reliability, allowing users to meet their electricity needs for lighting, cooking, heating, and productive uses.
Moreover, the decreasing costs of solar PV modules, batteries, and balance-of-system components drive market affordability and accessibility, making off-grid solar energy solutions economically viable for various applications, from residential electrification to rural electrification projects, humanitarian aid, and disaster relief efforts. Furthermore, the increasing adoption of off-grid solar energy solutions in agriculture, healthcare, education, and telecommunications drives market innovation as companies develop integrated solutions that address specific end-user needs, enhance productivity, and improve livelihoods in off-grid communities. However, the high upfront costs, intermittent power generation, and limited scalability may challenge the market growth in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of off-grid solar energy. The growth and trends of off-grid solar energy industry provide a holistic approach to this study.
MARKET SEGMENTATION
This section of the off-grid solar energy market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Industrial
- Commercial
- Residential
By Technology
- Crystalline Silicon
- Thin Film
- Others
REGIONAL ANALYSIS
This section covers the regional outlook, which accentuates current and future demand for the Off-Grid Solar Energy market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Off-Grid Solar Energy market include BBOXX, d.light, Off Grid Electric, Greenlight Planet, SunFire Solutions, Barefoot Power, Nova Lumos, M-KOPA Solar, Mobisol, Azuri Technologies, Jaza Energy, Fenix International, Orb Energy, SolarNow, SolarHome. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.
TABLE OF CONTENTS
1. PREFACE
- 1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology
2. EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3. OFF-GRID SOLAR ENERGY - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Application
- 3.7.2 Market Attractiveness Analysis By Technology
- 3.7.3 Market Attractiveness Analysis By Region
4. VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend
5. GLOBAL OFF-GRID SOLAR ENERGY MARKET ANALYSIS BY APPLICATION
- 5.1. Overview By Application
- 5.2. Historical and Forecast Data
- 5.3. Analysis By Application
- 5.4. Industrial Historic and Forecast Sales By Regions
- 5.5. Commercial Historic and Forecast Sales By Regions
- 5.6. Residential Historic and Forecast Sales By Regions
6. GLOBAL OFF-GRID SOLAR ENERGY MARKET ANALYSIS BY TECHNOLOGY
- 6.1. Overview By Technology
- 6.2. Historical and Forecast Data
- 6.3. Analysis By Technology
- 6.4. Crystalline Silicon Historic and Forecast Sales By Regions
- 6.5. Thin Film Historic and Forecast Sales By Regions
- 6.6. Others Historic and Forecast Sales By Regions
7. GLOBAL OFF-GRID SOLAR ENERGY MARKET ANALYSIS BY GEOGRAPHY
- 7.1. Regional Outlook
- 7.2. Introduction
- 7.3. North America Sales Analysis
- 7.3.1 Overview, Historic and Forecast Data Sales Analysis
- 7.3.2 North America By Segment Sales Analysis
- 7.3.3 North America By Country Sales Analysis
- 7.3.4 United States Sales Analysis
- 7.3.5 Canada Sales Analysis
- 7.3.6 Mexico Sales Analysis
- 7.4. Europe Sales Analysis
- 7.4.1 Overview, Historic and Forecast Data Sales Analysis
- 7.4.2 Europe By Segment Sales Analysis
- 7.4.3 Europe By Country Sales Analysis
- 7.4.4 United Kingdom Sales Analysis
- 7.4.5 France Sales Analysis
- 7.4.6 Germany Sales Analysis
- 7.4.7 Italy Sales Analysis
- 7.4.8 Russia Sales Analysis
- 7.4.9 Rest Of Europe Sales Analysis
- 7.5. Asia Pacific Sales Analysis
- 7.5.1 Overview, Historic and Forecast Data Sales Analysis
- 7.5.2 Asia Pacific By Segment Sales Analysis
- 7.5.3 Asia Pacific By Country Sales Analysis
- 7.5.4 China Sales Analysis
- 7.5.5 India Sales Analysis
- 7.5.6 Japan Sales Analysis
- 7.5.7 South Korea Sales Analysis
- 7.5.8 Australia Sales Analysis
- 7.5.9 South East Asia Sales Analysis
- 7.5.10 Rest Of Asia Pacific Sales Analysis
- 7.6. Latin America Sales Analysis
- 7.6.1 Overview, Historic and Forecast Data Sales Analysis
- 7.6.2 Latin America By Segment Sales Analysis
- 7.6.3 Latin America By Country Sales Analysis
- 7.6.4 Brazil Sales Analysis
- 7.6.5 Argentina Sales Analysis
- 7.6.6 Peru Sales Analysis
- 7.6.7 Chile Sales Analysis
- 7.6.8 Rest of Latin America Sales Analysis
- 7.7. Middle East & Africa Sales Analysis
- 7.7.1 Overview, Historic and Forecast Data Sales Analysis
- 7.7.2 Middle East & Africa By Segment Sales Analysis
- 7.7.3 Middle East & Africa By Country Sales Analysis
- 7.7.4 Saudi Arabia Sales Analysis
- 7.7.5 UAE Sales Analysis
- 7.7.6 Israel Sales Analysis
- 7.7.7 South Africa Sales Analysis
- 7.7.8 Rest Of Middle East And Africa Sales Analysis
8. COMPETITIVE LANDSCAPE OF THE OFF-GRID SOLAR ENERGY COMPANIES
- 8.1. Off-Grid Solar Energy Market Competition
- 8.2. Partnership/Collaboration/Agreement
- 8.3. Merger And Acquisitions
- 8.4. New Product Launch
- 8.5. Other Developments
9. COMPANY PROFILES OF OFF-GRID SOLAR ENERGY INDUSTRY
- 9.1. Top Companies Market Share Analysis
- 9.2. Market Concentration Rate
- 9.3. BBOXX
- 9.3.1 Company Overview
- 9.3.2 Company Revenue
- 9.3.3 Products
- 9.3.4 Recent Developments
- 9.4. D.Light
- 9.4.1 Company Overview
- 9.4.2 Company Revenue
- 9.4.3 Products
- 9.4.4 Recent Developments
- 9.5. Off Grid Electric
- 9.5.1 Company Overview
- 9.5.2 Company Revenue
- 9.5.3 Products
- 9.5.4 Recent Developments
- 9.6. Greenlight Planet
- 9.6.1 Company Overview
- 9.6.2 Company Revenue
- 9.6.3 Products
- 9.6.4 Recent Developments
- 9.7. SunFire Solutions
- 9.7.1 Company Overview
- 9.7.2 Company Revenue
- 9.7.3 Products
- 9.7.4 Recent Developments
- 9.8. Barefoot Power
- 9.8.1 Company Overview
- 9.8.2 Company Revenue
- 9.8.3 Products
- 9.8.4 Recent Developments
- 9.9. Nova Lumos
- 9.9.1 Company Overview
- 9.9.2 Company Revenue
- 9.9.3 Products
- 9.9.4 Recent Developments
- 9.10. M-KOPA Solar
- 9.10.1 Company Overview
- 9.10.2 Company Revenue
- 9.10.3 Products
- 9.10.4 Recent Developments
- 9.11. Mobisol
- 9.11.1 Company Overview
- 9.11.2 Company Revenue
- 9.11.3 Products
- 9.11.4 Recent Developments
- 9.12. Azuri Technologies
- 9.12.1 Company Overview
- 9.12.2 Company Revenue
- 9.12.3 Products
- 9.12.4 Recent Developments
- 9.13. Jaza Energy
- 9.13.1 Company Overview
- 9.13.2 Company Revenue
- 9.13.3 Products
- 9.13.4 Recent Developments
- 9.14. Fenix International
- 9.14.1 Company Overview
- 9.14.2 Company Revenue
- 9.14.3 Products
- 9.14.4 Recent Developments
- 9.15. Orb Energy
- 9.15.1 Company Overview
- 9.15.2 Company Revenue
- 9.15.3 Products
- 9.15.4 Recent Developments
- 9.16. SolarNow
- 9.16.1 Company Overview
- 9.16.2 Company Revenue
- 9.16.3 Products
- 9.16.4 Recent Developments
- 9.17. SolarHome
- 9.17.1 Company Overview
- 9.17.2 Company Revenue
- 9.17.3 Products
- 9.17.4 Recent Developments
Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers: Impact Analysis
- Restraints: Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- Analysis By Application (USD MN)
- Industrial Market Sales By Geography (USD MN)
- Commercial Market Sales By Geography (USD MN)
- Residential Market Sales By Geography (USD MN)
- Analysis By Technology (USD MN)
- Crystalline Silicon Market Sales By Geography (USD MN)
- Thin Film Market Sales By Geography (USD MN)
- Others Market Sales By Geography (USD MN)
- Global Off-Grid Solar Energy Market Sales By Geography (USD MN)
- North America Market Analysis (USD MN)
- United States Market Analysis (USD MN)
- Canada Market Analysis (USD MN)
- Mexico Market Analysis (USD MN)
- Europe Market Analysis (USD MN)
- Europe Market Estimate By Country (USD MN)
- United Kingdom Market Analysis (USD MN)
- France Market Analysis (USD MN)
- Germany Market Analysis (USD MN)
- Italy Market Analysis (USD MN)
- Russia Market Analysis (USD MN)
- Spain Market Analysis (USD MN)
- Rest of Europe Market Analysis (USD MN)
- Asia Pacific Market Analysis (USD MN)
- China Market Analysis (USD MN)
- Japan Market Analysis (USD MN)
- India Market Analysis (USD MN)
- South Korea Market Analysis (USD MN)
- Australia Market Analysis (USD MN)
- South East Asia Market Analysis (USD MN)
- Rest of Asia Pacific Market Analysis (USD MN)
- Latin America Market Analysis (USD MN)
- Brazil Market Analysis (USD MN)
- Argentina Market Analysis (USD MN)
- Peru Market Analysis (USD MN)
- Chile Market Analysis (USD MN)
- Rest of Latin America Market Analysis (USD MN)
- Middle East & Africa Market Analysis (USD MN)
- Saudi Arabia Market Analysis (USD MN)
- UAE Market Analysis (USD MN)
- Israel Market Analysis (USD MN)
- South Africa Market Analysis (USD MN)
- Rest of Middle East and Africa Market Analysis (USD MN)
- Partnership/Collaboration/Agreement
- Mergers And Acquisition
LIST OF FIGURES
- Research Scope of Off-Grid Solar Energy Report
- Market Research Process
- Market Research Methodology
- Global Off-Grid Solar Energy Market Size, By Region (USD MN)
- Porters Five Forces Analysis
- Market Attractiveness Analysis By Application
- Market Attractiveness Analysis By Technology
- Market Attractiveness Analysis By Region
- Value Chain Analysis
- Global Market Analysis By Application (USD MN)
- Industrial Market Sales By Geography (USD MN)
- Commercial Market Sales By Geography (USD MN)
- Residential Market Sales By Geography (USD MN)
- Global Market Analysis By Technology (USD MN)
- Crystalline Silicon Market Sales By Geography (USD MN)
- Thin Film Market Sales By Geography (USD MN)
- Others Market Sales By Geography (USD MN)
- Global Market Sales (USD MN)
- North America Market Sales (USD MN)
- Europe Market Sales (USD MN)
- Asia Pacific Market Sales (USD MN)
- Latin America Market Sales (USD MN)
- Middle East & Africa Market Sales (USD MN)
- Recent Development in Industry
- Top Company Market Share Analysis
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
