Global off-grid solar lighting industry

New York, December 10, 2020 (GLOBE NEWSWIRE) – Reportlinker.com Announces Release of Global Off-Grid Solar Lighting Industry Report – https://www.reportlinker.com/p05960678/?utm_source=GNW
9 billion by 2027, a growth of 17.3% over the analysis period 2020-2027. The Solar Lantern System (SLS), one of the segments analyzed in the report, is expected to post a CAGR of 18.3% and reach $ 3.3 billion by the end of the analysis period. After an early analysis of the business impact of the pandemic and its triggered economic crisis, growth in the Solar Home Systems (SHS) segment will be adjusted to a revised CAGR of 15.9% for the next 7 year period.

The US market is valued at $ 473.1 million, while China is forecast to grow by 16.6% CAGR

The US off-grid solar lighting market is estimated at $ 473.1 million in 2020. China, the world’s second largest economy, is projected to reach a forecast market size of $ 839.5 million by 2027, followed by a CAGR of 16.6% over the analysis period from 2020 to 2027. Among the other notable geographic markets are Japan and Canada, each of which forecast 15.6% and 14.8% growth over the 2020-2027 period, respectively. Within Europe, growth of around 12.6% CAGR is forecast for Germany.

Large Solar Home Systems (LSHS) segment has a CAGR of 14.1%

In the global Large Solar Home Systems (LSHS) segment, the US, Canada, Japan, China and Europe will achieve the CAGR estimated for this segment of 13.9%. These regional markets, which together account for a market size of USD 154.4 million in 2020, will reach a projected size of USD 383.8 million by the end of the analysis period. China will continue to be one of the fastest growing in this cluster of regional markets. Led by countries like Australia, India, and South Korea, the Asia-Pacific market is projected to reach $ 586 million by 2027. We bring years of research experience to this 9th edition of our report. The 125-page report provides precise insights into the production and buy-side effects of the pandemic for 2020 and 2021. A short-term gradual recovery across key areas is also addressed.

The competitors identified in this market include:

• Azuri Technologies Ltd.
• BBOXX Ltd.
• Royal Philips NV
• Niwasolar
• OSRAM GmbH
• Sinoware Technology Co. Ltd.
• SolarAid
  SunnyMoney (Malawi)
• Tata Power Solar Systems Limited
• WakaWaka Europe BV

Read the full report: https://www.reportlinker.com/p05960678/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY AND REPORTING AREA

II. SUMMARY

1. MARKET OVERVIEW
Market shares of global competitors
Competitor’s market share scenario for off-grid solar lighting
Worldwide (in%): 2019 and 2025
Effects of Covid-19 and an emerging global recession

2. FOCUS ON SELECTED PLAYERS

3. MARKET TRENDS & DRIVERS

4. PERSPECTIVE OF THE GLOBAL MARKET
Table 1: Estimates of the Global Off-Grid Solar Lighting Market and
Projections in Thousands of Dollars by Region / Country: 2020-2027

Table 2: Global retrospective market for off-grid solar lighting
Scenario in thousands of US dollars by region / country: 2012-2019

Table 3: Shift in the market share of off-grid solar lights via keys
Geographies worldwide: 2012 VS 2020 VS 2027

Table 4: World market for Solar Lantern System (SLS) (segment) according to
Region / country in thousands of US dollars: 2020 to 2027

Table 5: Historical market for Solar Lantern System (SLS) (segment)
Analysis by region / country in thousands of US dollars: 2012 to 2019

Table 6: Market share of the Solar Lantern System (SLS) (segment)
Global Sales Breakdown by Region / Country: 2012 VS 2020 VS
2027

Table 7: Potential growth of Solar Home Systems (SHS) (segment)
Markets worldwide in thousands of US dollars: 2020 to 2027

Table 8: Historical market for Solar Home Systems (SHS) (segment)
Perspective by region / country in thousands of US dollars: 2012 to 2019

Table 9: Solar Home Systems (SHS) market sales (segment)
Breakdown by region / country in percent: 2012 VS 2020 VS 2027

Table 10: Geographically large solar house systems (LSHS) (segment)
Worldwide market distribution in thousands of US dollars: 2020 to 2027

Table 11: Region Wise Large Solar Home Systems (LSHS) (segment)
Global Historical Demand Breakdown in Thousands of US Dollars: 2012 to
2019

Table 12: Market for large solar home systems (LSHS) (segment)
Share distribution in percent by region / country: 2012 VS
2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHICAL MARKET ANALYSIS

UNITED STATES
Market data and numbers
Market share of off-grid solar lighting in the USA (in%) by company: 2019 &
2025
Market analysis
Table 13: US off-grid solar lighting market
Estimates and forecasts in thousands of dollars by segment: 2020 to
2027

Table 14: Market for off-grid solar lighting in the USA
by segment: A historical review in thousands of dollars for 2012-2019

Table 15: Market share of off-grid solar lighting in the USA
Breakdown by segment: 2012 VS 2020 VS 2027

CANADA
Table 16: Estimates of the Canadian market for off-grid solar lighting and
Forecasts in Thousands of Dollars by Segment: 2020 to 2027

Table 17: Historical Canadian off-grid solar lighting market
Review by segments in thousands of dollars: 2012-2019

Table 18: Canada Off-Grid Solar Lighting Market: Percentage
Breakdown of sales shares by segment for 2012, 2020 and 2027

JAPAN
Table 19: Japanese Off-Grid Solar Lighting Market: Annually
Sales estimates and forecasts in thousands of dollars by segment for
the period 2020-2027

Table 20: Off-grid solar lighting market in Japan: Historic
Analysis of sales in thousands of US dollars by segment for the period
2012-2019

Table 21: Market share of Japanese off-grid solar lighting
Analysis by segment: 2012 VS 2020 VS 2027

CHINA
Table 22: Growth in the Chinese market for off-grid solar lighting
Outlook in thousands of US dollars by segment for the period 2020-2027

Table 23: Historical market analysis for off-grid solar lighting in
China in thousands of US dollars by segment: 2012-2019

Table 24: Chinese market for off-grid solar lighting by segment:
Percentage of sales for 2012, 2020 and 2027

EUROPE
Market data and numbers
European market for off-grid solar lighting: competitive market
Equity scenario (in%) for 2019 and 2025
Market analysis
Table 25: Demand from the European market for off-grid solar lighting
Scenario in thousands of US dollars by region / country: 2020-2027

Table 26: Market for off-grid solar lighting in Europe: a historic market
Market perspective in thousands of US dollars by region / country for the
Period 2012-2019

Table 27: Shift in the market share of European off-grid solar lights
by region / country: 2012 VS 2020 VS 2027

Table 28: Estimates of the European market for off-grid solar lighting and
Forecasts in Thousands of Dollars by Segment: 2020-2027

Table 29: Market for off-grid solar lighting in Europe in US dollars
A thousand by segment: A historical review for the period 2012-2019

Table 30: Market share of European off-grid solar lighting
Breakdown by segment: 2012 VS 2020 VS 2027

FRANCE
Table 31: Market for off-grid solar lighting in France by segment:
Estimates and forecasts in thousands of dollars for the period
2020-2027

Table 32: French historical market for off-grid solar lighting
Scenario in thousands of dollars by segment: 2012-2019

Table 33: Market share analysis for French off-grid solar lights
by segment: 2012 VS 2020 VS 2027

GERMANY
Table 34: Market for off-grid solar lighting in Germany: Current
Past, current and future analysis in thousands of dollars by segment
for the period 2020-2027

Table 35: German historical market for off-grid solar lighting
Analysis in thousands of dollars by segment: 2012-2019

Table 36: Breakdown of the market share of German off-grid solar lights
by segment: 2012 VS 2020 VS 2027

ITALY
Table 37: Growth of the Italian market for off-grid solar lighting
Outlook in thousands of US dollars by segment for the period 2020-2027

Table 38: Historical market analysis for off-grid solar lighting in
Italy in thousands of US dollars by segment: 2012-2019

Table 39: Italian market for off-grid solar lighting by segment:
Percentage of sales for 2012, 2020 and 2027

UNITED KINGDOM
Table 40: UK market for off-grid solar lighting:
Annual sales estimates and forecasts in US $ thousands of
Segment for the period 2020-2027

Table 41: Market for off-grid solar lighting in Great Britain:
Historical sales analysis in US $ thousands by segment for the
Period 2012-2019

Table 42: Market share of off-grid solar lighting in Great Britain
Analysis by segment: 2012 VS 2020 VS 2027

REST OF EUROPE
Table 43: Off-grid market for solar lighting in the rest of Europe
Estimates and forecasts in thousands of dollars by segment: 2020-2027

Table 44: Market for off-grid solar lighting in the rest of Europe in
Thousands of dollars by segment: A historical look back for that period
2012-2019

Table 45: Market share of off-grid solar lighting in the rest of Europe
Breakdown by segment: 2012 VS 2020 VS 2027

ASIA PACIFIC
Table 46: Market for off-grid solar lighting in the Asia-Pacific region according to
Segment: Estimates and forecasts in thousands of dollars for the
Period 2020-2027

Table 47: Historical market for off-grid solar lighting in the Asia-Pacific region
Scenario in thousands of dollars by segment: 2012-2019

Table 48: Market share of off-grid solar lighting in the Asia-Pacific region
Analysis by segment: 2012 VS 2020 VS 2027

REST OF THE WORLD
Table 49: Rest of the world market for off-grid solar lighting
Estimates and forecasts in thousands of dollars by segment: 2020 to
2027

Table 50: Historical market for off-grid solar lighting for the rest of the world
Review by segments in thousands of dollars: 2012-2019

Table 51: Market for off-grid solar lighting in the rest of the world:
Percentage breakdown of sales by segments for 2012, 2020,
and 2027

IV. COMPETITION
Profiled companies in total: 38
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