Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Solar Home Lighting Market by Type (Grid-Tied Solar Home Lighting, Off-Grid Solar Home Lighting), By Application (City, Countryside) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Solar Home Lighting Market by Type (Grid-Tied Solar Home Lighting, Off-Grid Solar Home Lighting), By Application (City, Countryside) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 139511 3300 Energy & Power 377 247 Pages 4.6 (36)
                                          

The global solar home lighting market is expected to grow at a CAGR of 8.5% during the forecast period, from 2021 to 2030. The market is driven by factors such as increasing awareness about the benefits of solar home lighting, government initiatives for promoting renewable energy sources and increasing demand for clean energy. The global solar home lighting market is segmented on the basis of type into grid-tied and off-grid solar home lighting systems. The off-grid segment accounted for a larger share in 2017 owing to its affordability and ease of installation. However, with technological advancements in grid-tied systems, this segment is expected to grow at a higher rate during the forecast period due to its convenience and reliability. On the basis of application, the global solar home lighting market can be divided into city and countryside applications. The city application accounted for a larger share in 2017 due to high population density which leads to increased demand for electricity supply from power grids which are not always reliable or affordable enough; however, with growing awareness about environmental issues among people living in rural areas coupled with government initiatives towards promoting renewable energy sources such as off-grid solutions; this segment is expected to grow at an accelerated pace during the forecast period owing to its affordability and ease of installation without any need for external wiring or infrastructure development requirements.

  1. The cost of solar home lighting systems is decreasing, making them more affordable for the average consumer.
  2. Solar home lighting systems are becoming more efficient and reliable, which will lead to increased demand in the future.
  3. Governments are beginning to offer incentives for solar home lighting systems, which will increase demand as well as awareness of their benefits.
  4. The number of people living without electricity is decreasing due to increased access to electricity from renewable sources such as solar power.
  5. There is a growing trend towards sustainable energy sources.

Industry Growth Insights published a new data on “Solar Home Lighting Market”. The research report is titled “Solar Home Lighting Market research by Types (Grid-Tied Solar Home Lighting, Off-Grid Solar Home Lighting), By Applications (City, Countryside), By Players/Companies Panasonic, Tata Power Solar Systems, GE Renewable Energy, Sanyo Solar, Ascent Solar, Phillips, Sharp, Su-Kam, AUO, Solarcentury, Shenzhen Yingli New Energy Resources”.

Scope Of The Report

Report Attributes

Report Details

Report Title

Solar Home Lighting Market Research Report

By Type

Grid-Tied Solar Home Lighting, Off-Grid Solar Home Lighting

By Application

City, Countryside

By Companies

Panasonic, Tata Power Solar Systems, GE Renewable Energy, Sanyo Solar, Ascent Solar, Phillips, Sharp, Su-Kam, AUO, Solarcentury, Shenzhen Yingli New Energy Resources

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

247

Number of Tables & Figures

173

Customization Available

Yes, the report can be customized as per your need.


Global Solar Home Lighting Industry Outlook


Global Solar Home Lighting Market Report Segments:

The global Solar Home Lighting market is segmented on the basis of:

Types

Grid-Tied Solar Home Lighting, Off-Grid Solar Home Lighting

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

City, Countryside

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:

  1. Panasonic
  2. Tata Power Solar Systems
  3. GE Renewable Energy
  4. Sanyo Solar
  5. Ascent Solar
  6. Phillips
  7. Sharp
  8. Su-Kam
  9. AUO
  10. Solarcentury
  11. Shenzhen Yingli New Energy Resources

Global Solar Home Lighting Market Overview


Highlights of The Solar Home Lighting Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Grid-Tied Solar Home Lighting
    2. Off-Grid Solar Home Lighting
  1. By Application:

    1. City
    2. Countryside
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Solar Home Lighting 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
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Solar Home Lighting Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Solar Home Lighting is a type of home energy system that uses solar panels to generate electricity for use in lighting and appliances.

Some of the major players in the solar home lighting market are Panasonic, Tata Power Solar Systems, GE Renewable Energy, Sanyo Solar, Ascent Solar, Phillips, Sharp, Su-Kam, AUO, Solarcentury, Shenzhen Yingli New Energy Resources.

The solar home lighting market is expected to grow at a compound annual growth rate of 8.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Solar Home Lighting Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Solar Home Lighting Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Solar Home Lighting Market - Supply Chain
   4.5. Global Solar Home Lighting Market Forecast
      4.5.1. Solar Home Lighting Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Solar Home Lighting Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Solar Home Lighting Market Absolute $ Opportunity

5. Global Solar Home Lighting Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Solar Home Lighting Market Size and Volume Forecast by Type
      5.3.1. Grid-Tied Solar Home Lighting
      5.3.2. Off-Grid Solar Home Lighting
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Solar Home Lighting Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Solar Home Lighting Market Size and Volume Forecast by Application
      6.3.1. City
      6.3.2. Countryside
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Solar Home Lighting Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Solar Home Lighting Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Solar Home Lighting Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Solar Home Lighting Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Solar Home Lighting Demand Share Forecast, 2019-2029

9. North America Solar Home Lighting Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Solar Home Lighting Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Solar Home Lighting Market Size and Volume Forecast by Application
      9.4.1. City
      9.4.2. Countryside
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Solar Home Lighting Market Size and Volume Forecast by Type
      9.7.1. Grid-Tied Solar Home Lighting
      9.7.2. Off-Grid Solar Home Lighting
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Solar Home Lighting Demand Share Forecast, 2019-2029

10. Latin America Solar Home Lighting Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Solar Home Lighting Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Solar Home Lighting Market Size and Volume Forecast by Application
      10.4.1. City
      10.4.2. Countryside
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Solar Home Lighting Market Size and Volume Forecast by Type
      10.7.1. Grid-Tied Solar Home Lighting
      10.7.2. Off-Grid Solar Home Lighting
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Solar Home Lighting Demand Share Forecast, 2019-2029

11. Europe Solar Home Lighting Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Solar Home Lighting Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Solar Home Lighting Market Size and Volume Forecast by Application
      11.4.1. City
      11.4.2. Countryside
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Solar Home Lighting Market Size and Volume Forecast by Type
      11.7.1. Grid-Tied Solar Home Lighting
      11.7.2. Off-Grid Solar Home Lighting
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market AttractivenessGrowth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Solar Home Lighting Demand Share, 2019-2029

12. Asia Pacific Solar Home Lighting Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Solar Home Lighting Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Solar Home Lighting Market Size and Volume Forecast by Application
      12.4.1. City
      12.4.2. Countryside
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Solar Home Lighting Market Size and Volume Forecast by Type
      12.7.1. Grid-Tied Solar Home Lighting
      12.7.2. Off-Grid Solar Home Lighting
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Solar Home Lighting Demand Share, 2019-2029

13. Middle East & Africa Solar Home Lighting Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Solar Home Lighting Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Solar Home Lighting Market Size and Volume Forecast by Application
      13.4.1. City
      13.4.2. Countryside
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Solar Home Lighting Market Size and Volume Forecast by Type
      13.7.1. Grid-Tied Solar Home Lighting
      13.7.2. Off-Grid Solar Home Lighting
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Solar Home Lighting Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Solar Home Lighting Market: Market Share Analysis
   14.2. Solar Home Lighting Distributors and Customers
   14.3. Solar Home Lighting Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Panasonic
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Tata Power Solar Systems
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. GE Renewable Energy
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Sanyo Solar
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Ascent Solar
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Phillips
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Sharp
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Su-Kam
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. AUO
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Solarcentury
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Shenzhen Yingli New Energy Resources
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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