Market Overview:
The global off-grid solar generator market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for renewable energy sources and the rising concerns about climate change. In addition, government initiatives and subsidies for off-grid solar generators are also contributing to the growth of this market. The global off-grid solar generator market is segmented on the basis of type, application, and region. On the basis of type, it is divided into below 40 KWH, 40 – 80 KWH, 80 - 150 KWH, and over 150 KWH segments. By application, it is classified into government sector (including defense establishments), industrial sector (including manufacturing plants), commercial sector (including retail stores), and residential sector segments. Geographically speaking, it covers North America (the U.S., Canada), Latin America (Mexico & Brazil), Europe (Germany & France), Asia Pacific excluding Japan) APEJ) countries such as China India ), Japan ), MEA countries such as Saudi Arabia ).
Product Definition:
An off-grid solar generator is a battery-powered system that can provide power to a home or business when the grid is down. They are typically used in areas where traditional utility power is unavailable or unreliable. Off-grid solar generators are important because they can provide essential power during outages, which can help keep people safe and businesses running.
Below 40 KWH:
Below 40 KWH is the power generation capacity of a solar generator which uses photovoltaic cells for its source of energy. It is one of the latest trends in off-grid solar generator market and has been witnessing significant growth over the past few years.
40 – 80 KWH:
40 - 80 KWH is the range of power consumption by off-grid solar generator. It depends upon the application and scale of operation. For instance, a 40 KWH battery bank can easily suffice for lighting an average American household for a day whereas, it would require a 140 KWH battery bank to provide electricity to an average American household for 10 days.
Application Insights:
The commercial application segment accounted for the largest share of over 60.0% in 2017 and is projected to witness significant growth over the forecast period. The growing number of hospitals, hotels, restaurants and other hospitality industries are driving the demand for off-grid solar generators as a reliable secondary source of energy supply.
The industrial application segment is expected to expand at a CAGR exceeding 10% from 2018 to 2030 owing to increasing demand from manufacturing sectors across various regions including Asia Pacific, North America and Europe.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2016 and is anticipated to witness significant growth over the forecast period owing to increasing awareness about off-grid solar power generation systems among customers, especially in rural areas of China and India. In addition, government initiatives such as “Make in India†campaign by Indian government are expected to fuel product demand from residential sector.
North America was valued at USD X million in 2016 and is projected to grow at a CAGR of XX% from 2017 to 2030 owing high adoption rate for off-grid applications across U.S., Puerto Rico, Guam, American Samoa, & Swains Island (excluding Micronesia). Moreover, growing number of microFarms across U.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Government policies and regulations supporting the deployment of off-grid solar systems
- Reduction in the cost of solar photovoltaic (PV) modules and other components
- Growing awareness about the benefits of off-grid solar systems among end users
- Proliferation of innovative business models for deploying and financing off-grid solar systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Off-Grid Solar Generator Market Research Report
By Type
Below 40 KWH, 40 – 80 KWH, 80 - 150 KWH, Over 150 KWH
By Application
Government, Industrial, Commercial, Residential
By Companies
Goal Zero, Hollandia Solar, Altern Limited, Jaspak, Sunvis Solar, BioLite, Powerenz, SolSolutions LLC (SolMan), SolaRover, SolarLine Group, Voltaic Power
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Off-Grid Solar Generator Market Report Segments:
The global Off-Grid Solar Generator market is segmented on the basis of:
Types
Below 40 KWH, 40 – 80 KWH, 80 - 150 KWH, Over 150 KWH
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Government, Industrial, Commercial, Residential
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Goal Zero
- Hollandia Solar
- Altern Limited
- Jaspak
- Sunvis Solar
- BioLite
- Powerenz
- SolSolutions LLC (SolMan)
- SolaRover
- SolarLine Group
- Voltaic Power
Highlights of The Off-Grid Solar Generator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 40 KWH
- 40 – 80 KWH
- 80 - 150 KWH
- Over 150 KWH
- By Application:
- Government
- Industrial
- Commercial
- Residential
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Off-Grid Solar Generator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An off-grid solar generator is a renewable energy system that can be used to produce electricity without the need for an electric grid. Off-grid systems typically rely on solar panels, batteries, and an inverter to generate power.
Some of the major players in the off-grid solar generator market are Goal Zero, Hollandia Solar, Altern Limited, Jaspak, Sunvis Solar, BioLite, Powerenz, SolSolutions LLC (SolMan), SolaRover, SolarLine Group, Voltaic Power.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Off-Grid Solar Generator Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Off-Grid Solar Generator Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Off-Grid Solar Generator Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Off-Grid Solar Generator Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Off-Grid Solar Generator Market Size & Forecast, 2020-2028 4.5.1 Off-Grid Solar Generator Market Size and Y-o-Y Growth 4.5.2 Off-Grid Solar Generator Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Below 40 KWH
5.2.2 40 – 80 KWH
5.2.3 80 - 150 KWH
5.2.4 Over 150 KWH
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Government
6.2.2 Industrial
6.2.3 Commercial
6.2.4 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Off-Grid Solar Generator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Off-Grid Solar Generator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Below 40 KWH
9.6.2 40 – 80 KWH
9.6.3 80 - 150 KWH
9.6.4 Over 150 KWH
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Government
9.10.2 Industrial
9.10.3 Commercial
9.10.4 Residential
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Below 40 KWH
10.6.2 40 – 80 KWH
10.6.3 80 - 150 KWH
10.6.4 Over 150 KWH
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Government
10.10.2 Industrial
10.10.3 Commercial
10.10.4 Residential
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Below 40 KWH
11.6.2 40 – 80 KWH
11.6.3 80 - 150 KWH
11.6.4 Over 150 KWH
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Government
11.10.2 Industrial
11.10.3 Commercial
11.10.4 Residential
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Below 40 KWH
12.6.2 40 – 80 KWH
12.6.3 80 - 150 KWH
12.6.4 Over 150 KWH
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Government
12.10.2 Industrial
12.10.3 Commercial
12.10.4 Residential
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Below 40 KWH
13.6.2 40 – 80 KWH
13.6.3 80 - 150 KWH
13.6.4 Over 150 KWH
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Government
13.10.2 Industrial
13.10.3 Commercial
13.10.4 Residential
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Off-Grid Solar Generator Market: Competitive Dashboard
14.2 Global Off-Grid Solar Generator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Goal Zero
14.3.2 Hollandia Solar
14.3.3 Altern Limited
14.3.4 Jaspak
14.3.5 Sunvis Solar
14.3.6 BioLite
14.3.7 Powerenz
14.3.8 SolSolutions LLC (SolMan)
14.3.9 SolaRover
14.3.10 SolarLine Group
14.3.11 Voltaic Power