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The solar home systems market is forecasted to grow by USD 4.28 billion during 2024-2029, accelerating at a CAGR of 24.5% during the forecast period. The report on the solar home systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by availability of favorable financing options, rising demand for energy globally, and favorable government support for solar energy.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The solar home systems market is segmented as below:
By Type
- PAYG products
- Cash products
By Distribution Channel
- Offline
- Online
By Product Type
- Off-grid
- On-grid
By Geographical Landscape
- Middle East and Africa
- APAC
- South America
- North America
- Europe
The report on the solar home systems market covers the following areas:
- Solar Home Systems Market sizing
- Solar Home Systems Market forecast
- Solar Home Systems Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Distribution Channel
10 Market Segmentation by Product Type
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global solar home systems market: ABB Ltd., Array Technologies Inc., Canadian Solar Inc., Enphase Energy Inc., Greenlight Planet, JinkoSolar Holding Co. Ltd., LG Corp., Lumos Global BV, Panasonic Holdings Corp., Phocos AG, REC Solar Holdings AS, Schneider Electric SE, Shell PLC, SMA Solar Technology AG, SolarEdge Technologies Inc., SunPower Corp., Tata Power Co. Ltd., Tesla Inc., Trina Solar Co. Ltd., and Yingli Solar.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising support from NGOs."
According to the report, one of the major drivers for this market is the availability of favorable financing options.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Array Technologies Inc.
- Canadian Solar Inc.
- Enphase Energy Inc.
- Greenlight Planet
- JinkoSolar Holding Co. Ltd.
- LG Corp.
- Lumos Global BV
- Panasonic Holdings Corp.
- Phocos AG
- REC Solar Holdings AS
- Schneider Electric SE
- Shell plc
- SMA Solar Technology AG
- SolarEdge Technologies Inc.
- SunPower Corp.
- Tata Power Co. Ltd.
- Tesla Inc.
- Trina Solar Co. Ltd.
- Yingli Solar
