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Global Solar Home System Market 2024 by Company, Regions, Type and Application, Forecast to 2030

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1 Market Overview

  • 1.1 Product Overview and Scope of Solar Home System
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Solar Home System by Type
    • 1.3.1 Overview: Global Solar Home System Market Size by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Global Solar Home System Consumption Value Market Share by Type in 2023
    • 1.3.3 PAYG Products
    • 1.3.4 Cash Products
  • 1.4 Global Solar Home System Market by Application
    • 1.4.1 Overview: Global Solar Home System Market Size by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Online
    • 1.4.3 Offline
  • 1.5 Global Solar Home System Market Size & Forecast
  • 1.6 Global Solar Home System Market Size and Forecast by Region
    • 1.6.1 Global Solar Home System Market Size by Region: 2019 VS 2023 VS 2030
    • 1.6.2 Global Solar Home System Market Size by Region, (2019-2030)
    • 1.6.3 North America Solar Home System Market Size and Prospect (2019-2030)
    • 1.6.4 Europe Solar Home System Market Size and Prospect (2019-2030)
    • 1.6.5 Asia-Pacific Solar Home System Market Size and Prospect (2019-2030)
    • 1.6.6 South America Solar Home System Market Size and Prospect (2019-2030)
    • 1.6.7 Middle East and Africa Solar Home System Market Size and Prospect (2019-2030)

2 Company Profiles

  • 2.1 Greenlight Planet Inc.
    • 2.1.1 Greenlight Planet Inc. Details
    • 2.1.2 Greenlight Planet Inc. Major Business
    • 2.1.3 Greenlight Planet Inc. Solar Home System Product and Solutions
    • 2.1.4 Greenlight Planet Inc. Solar Home System Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 Greenlight Planet Inc. Recent Developments and Future Plans
  • 2.2 M-KOPA SOLAR Kenya Ltd.
    • 2.2.1 M-KOPA SOLAR Kenya Ltd. Details
    • 2.2.2 M-KOPA SOLAR Kenya Ltd. Major Business
    • 2.2.3 M-KOPA SOLAR Kenya Ltd. Solar Home System Product and Solutions
    • 2.2.4 M-KOPA SOLAR Kenya Ltd. Solar Home System Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 M-KOPA SOLAR Kenya Ltd. Recent Developments and Future Plans
  • 2.3 NIWA Solar
    • 2.3.1 NIWA Solar Details
    • 2.3.2 NIWA Solar Major Business
    • 2.3.3 NIWA Solar Solar Home System Product and Solutions
    • 2.3.4 NIWA Solar Solar Home System Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 NIWA Solar Recent Developments and Future Plans
  • 2.4 Renewit Solar Ltd.
    • 2.4.1 Renewit Solar Ltd. Details
    • 2.4.2 Renewit Solar Ltd. Major Business
    • 2.4.3 Renewit Solar Ltd. Solar Home System Product and Solutions
    • 2.4.4 Renewit Solar Ltd. Solar Home System Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 Renewit Solar Ltd. Recent Developments and Future Plans
  • 2.5 Schneider Electric SE
    • 2.5.1 Schneider Electric SE Details
    • 2.5.2 Schneider Electric SE Major Business
    • 2.5.3 Schneider Electric SE Solar Home System Product and Solutions
    • 2.5.4 Schneider Electric SE Solar Home System Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Schneider Electric SE Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global Solar Home System Revenue and Share by Players (2019-2024)
  • 3.2 Market Share Analysis (2023)
    • 3.2.1 Market Share of Solar Home System by Company Revenue
    • 3.2.2 Top 3 Solar Home System Players Market Share in 2023
    • 3.2.3 Top 6 Solar Home System Players Market Share in 2023
  • 3.3 Solar Home System Market: Overall Company Footprint Analysis
    • 3.3.1 Solar Home System Market: Region Footprint
    • 3.3.2 Solar Home System Market: Company Product Type Footprint
    • 3.3.3 Solar Home System Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global Solar Home System Consumption Value and Market Share by Type (2019-2024)
  • 4.2 Global Solar Home System Market Forecast by Type (2025-2030)

5 Market Size Segment by Application

  • 5.1 Global Solar Home System Consumption Value Market Share by Application (2019-2024)
  • 5.2 Global Solar Home System Market Forecast by Application (2025-2030)

6 North America

  • 6.1 North America Solar Home System Consumption Value by Type (2019-2030)
  • 6.2 North America Solar Home System Consumption Value by Application (2019-2030)
  • 6.3 North America Solar Home System Market Size by Country
    • 6.3.1 North America Solar Home System Consumption Value by Country (2019-2030)
    • 6.3.2 United States Solar Home System Market Size and Forecast (2019-2030)
    • 6.3.3 Canada Solar Home System Market Size and Forecast (2019-2030)
    • 6.3.4 Mexico Solar Home System Market Size and Forecast (2019-2030)

7 Europe

  • 7.1 Europe Solar Home System Consumption Value by Type (2019-2030)
  • 7.2 Europe Solar Home System Consumption Value by Application (2019-2030)
  • 7.3 Europe Solar Home System Market Size by Country
    • 7.3.1 Europe Solar Home System Consumption Value by Country (2019-2030)
    • 7.3.2 Germany Solar Home System Market Size and Forecast (2019-2030)
    • 7.3.3 France Solar Home System Market Size and Forecast (2019-2030)
    • 7.3.4 United Kingdom Solar Home System Market Size and Forecast (2019-2030)
    • 7.3.5 Russia Solar Home System Market Size and Forecast (2019-2030)
    • 7.3.6 Italy Solar Home System Market Size and Forecast (2019-2030)

8 Asia-Pacific

  • 8.1 Asia-Pacific Solar Home System Consumption Value by Type (2019-2030)
  • 8.2 Asia-Pacific Solar Home System Consumption Value by Application (2019-2030)
  • 8.3 Asia-Pacific Solar Home System Market Size by Region
    • 8.3.1 Asia-Pacific Solar Home System Consumption Value by Region (2019-2030)
    • 8.3.2 China Solar Home System Market Size and Forecast (2019-2030)
    • 8.3.3 Japan Solar Home System Market Size and Forecast (2019-2030)
    • 8.3.4 South Korea Solar Home System Market Size and Forecast (2019-2030)
    • 8.3.5 India Solar Home System Market Size and Forecast (2019-2030)
    • 8.3.6 Southeast Asia Solar Home System Market Size and Forecast (2019-2030)
    • 8.3.7 Australia Solar Home System Market Size and Forecast (2019-2030)

9 South America

  • 9.1 South America Solar Home System Consumption Value by Type (2019-2030)
  • 9.2 South America Solar Home System Consumption Value by Application (2019-2030)
  • 9.3 South America Solar Home System Market Size by Country
    • 9.3.1 South America Solar Home System Consumption Value by Country (2019-2030)
    • 9.3.2 Brazil Solar Home System Market Size and Forecast (2019-2030)
    • 9.3.3 Argentina Solar Home System Market Size and Forecast (2019-2030)

10 Middle East & Africa

  • 10.1 Middle East & Africa Solar Home System Consumption Value by Type (2019-2030)
  • 10.2 Middle East & Africa Solar Home System Consumption Value by Application (2019-2030)
  • 10.3 Middle East & Africa Solar Home System Market Size by Country
    • 10.3.1 Middle East & Africa Solar Home System Consumption Value by Country (2019-2030)
    • 10.3.2 Turkey Solar Home System Market Size and Forecast (2019-2030)
    • 10.3.3 Saudi Arabia Solar Home System Market Size and Forecast (2019-2030)
    • 10.3.4 UAE Solar Home System Market Size and Forecast (2019-2030)

11 Market Dynamics

  • 11.1 Solar Home System Market Drivers
  • 11.2 Solar Home System Market Restraints
  • 11.3 Solar Home System Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 Solar Home System Industry Chain
  • 12.2 Solar Home System Upstream Analysis
  • 12.3 Solar Home System Midstream Analysis
  • 12.4 Solar Home System Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Solar Home System market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.
    Solar home systems (SHS) are stand-alone photovoltaic systems that offer a cost-effective mode of supplying amenity power for lighting and appliances to remote off-grid households. In rural areas, that are not connected to the grid, SHS can be used to meet a household's energy demand fulfilling basic electric needs.
    China has implemented the Renewable Energy Law since 2006, in which Article 4 clearly states that, the State gives first priority to the exploration of renewable energy. Over the years, various departments of the Chinese government have successively issued a large number of policies, covering production, sales, taxation, subsidies and other aspects. After setting the carbon neutrality goal in 2021, from a national perspective, the upgrading of the energy structure is ever imperative, and therefore the optoelectronic industry has great potential. The European Commission released the Net-Zero Industry Act in 2023. This bill aims to stimulate local manufacturing in Europe, reduce import dependence on China, and ensure that at least 40% of the EU's clean energy demand can be met by 2030. The EU targets an installed solar capacity of 600 GW. Overall, the European market still has a lot of room for development. US 2022 release of the Inflation Reduction Act, which includes $369 billion for energy security and climate change investments. For the photovoltaic industry, the bill stimulates its development from multiple aspects such as corporate and individual tax credits, production subsidies, and loans throughout the industry chain, and revitalizes the domestic manufacturing industry in the United States. Japanese authorities plan to make solar panels mandatory for new residential buildings in Tokyo from 2025 onwards. It is estimated that by 2030, photovoltaic power generation will account for 14%-16% of Japan's total power generation, and the cumulative installed capacity of photovoltaic systems will be about 117.344 GW.
    The Global Info Research report includes an overview of the development of the Solar Home System industry chain, the market status of Online (PAYG Products, Cash Products), Offline (PAYG Products, Cash Products), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Solar Home System.
    Regionally, the report analyzes the Solar Home System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Solar Home System market, with robust domestic demand, supportive policies, and a strong manufacturing base.
    Key Features:
    The report presents comprehensive understanding of the Solar Home System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Solar Home System industry.
    The report involves analyzing the market at a macro level:
    Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., PAYG Products, Cash Products).
    Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Solar Home System market.
    Regional Analysis: The report involves examining the Solar Home System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
    Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Solar Home System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
    The report also involves a more granular approach to Solar Home System:
    Company Analysis: Report covers individual Solar Home System players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
    Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Solar Home System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Online, Offline).
    Technology Analysis: Report covers specific technologies relevant to Solar Home System. It assesses the current state, advancements, and potential future developments in Solar Home System areas.
    Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Solar Home System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
    Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
    Market Segmentation
    Solar Home System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
    Market segment by Type
    PAYG Products
    Cash Products
    Market segment by Application
    Online
    Offline
    Market segment by players, this report covers
    Greenlight Planet Inc.
    M-KOPA SOLAR Kenya Ltd.
    NIWA Solar
    Renewit Solar Ltd.
    Schneider Electric SE
    Market segment by regions, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
    South America (Brazil, Argentina and Rest of South America)
    Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 13 chapters:
    Chapter 1, to describe Solar Home System product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top players of Solar Home System, with revenue, gross margin and global market share of Solar Home System from 2019 to 2024.
    Chapter 3, the Solar Home System competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
    Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.
    Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Solar Home System market forecast, by regions, type and application, with consumption value, from 2025 to 2030.
    Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
    Chapter 12, the key raw materials and key suppliers, and industry chain of Solar Home System.
    Chapter 13, to describe Solar Home System research findings and conclusion.

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