

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.
Market Analysis and Insights: Global Solar Home System Market
The global Solar Home System market is projected to grow from US$ million in 2023 to US$ million by 2029, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
A considerable section of the population across the world, especially in developing Asian countries still lack access to electricity. This has led to the development of solutions and technologies to facilitate easy access to electricity. Off-grid renewable solutions such as solar home systems are emerging as viable electrification solutions as they are rapidly scalable, environmentally sustainable, and can be customized according to local conditions. The adoption of solar home systems is also unlocking the latent demand and improving the viability of larger systems such as mini-grids or grid extension.
Report Includes
This report presents an overview of global market for Solar Home System market size. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Solar Home System, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Solar Home System, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Solar Home System revenue, market share and industry ranking of main companies, data from 2018 to 2023. Identification of the major stakeholders in the global Solar Home System market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by type and by application, revenue, and growth rate, from 2018 to 2029. Evaluation and forecast the market size for Solar Home System revenue, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including Greenlight Planet Inc., M-KOPA SOLAR Kenya Ltd., NIWA Solar, Renewit Solar Ltd. and Schneider Electric SE, etc.
By Company
Greenlight Planet Inc.
M-KOPA SOLAR Kenya Ltd.
NIWA Solar
Renewit Solar Ltd.
Schneider Electric SE
Segment by Type
PAYG Products
Cash Products
Segment by Application
Online
Offline
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East, Africa, and Latin America
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Revenue of Solar Home System in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Solar Home System companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America by type, by application and by country, revenue for each segment.
Chapter 7: Europe by type, by application and by country, revenue for each segment.
Chapter 8: China by type and by application revenue for each segment.
Chapter 9: Asia (excluding China) by type, by application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by type, by application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Solar Home System revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Solar Home System Market Size Growth Rate by Type, 2018 VS 2022 VS 2029
1.2.2 PAYG Products
1.2.3 Cash Products
1.3 Market by Application
1.3.1 Global Solar Home System Market Size Growth Rate by Application, 2018 VS 2022 VS 2029
1.3.2 Online
1.3.3 Offline
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Solar Home System Market Perspective (2018-2029)
2.2 Global Solar Home System Growth Trends by Region
2.2.1 Solar Home System Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Solar Home System Historic Market Size by Region (2018-2023)
2.2.3 Solar Home System Forecasted Market Size by Region (2024-2029)
2.3 Solar Home System Market Dynamics
2.3.1 Solar Home System Industry Trends
2.3.2 Solar Home System Market Drivers
2.3.3 Solar Home System Market Challenges
2.3.4 Solar Home System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Solar Home System by Players
3.1.1 Global Solar Home System Revenue by Players (2018-2023)
3.1.2 Global Solar Home System Revenue Market Share by Players (2018-2023)
3.2 Global Solar Home System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Solar Home System, Ranking by Revenue, 2021 VS 2022 VS 2023
3.4 Global Solar Home System Market Concentration Ratio
3.4.1 Global Solar Home System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Solar Home System Revenue in 2022
3.5 Global Key Players of Solar Home System Head office and Area Served
3.6 Global Key Players of Solar Home System, Product and Application
3.7 Global Key Players of Solar Home System, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Solar Home System Breakdown Data by Type
4.1 Global Solar Home System Historic Market Size by Type (2018-2023)
4.2 Global Solar Home System Forecasted Market Size by Type (2024-2029)
5 Solar Home System Breakdown Data by Application
5.1 Global Solar Home System Historic Market Size by Application (2018-2023)
5.2 Global Solar Home System Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Solar Home System Market Size (2018-2029)
6.2 North America Solar Home System Market Size by Type
6.2.1 North America Solar Home System Market Size by Type (2018-2023)
6.2.2 North America Solar Home System Market Size by Type (2024-2029)
6.2.3 North America Solar Home System Market Share by Type (2018-2029)
6.3 North America Solar Home System Market Size by Application
6.3.1 North America Solar Home System Market Size by Application (2018-2023)
6.3.2 North America Solar Home System Market Size by Application (2024-2029)
6.3.3 North America Solar Home System Market Share by Application (2018-2029)
6.4 North America Solar Home System Market Size by Country
6.4.1 North America Solar Home System Market Size by Country: 2018 VS 2022 VS 2029
6.4.2 North America Solar Home System Market Size by Country (2018-2023)
6.4.3 North America Solar Home System Market Size by Country (2024-2029)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Solar Home System Market Size (2018-2029)
7.2 Europe Solar Home System Market Size by Type
7.2.1 Europe Solar Home System Market Size by Type (2018-2023)
7.2.2 Europe Solar Home System Market Size by Type (2024-2029)
7.2.3 Europe Solar Home System Market Share by Type (2018-2029)
7.3 Europe Solar Home System Market Size by Application
7.3.1 Europe Solar Home System Market Size by Application (2018-2023)
7.3.2 Europe Solar Home System Market Size by Application (2024-2029)
7.3.3 Europe Solar Home System Market Share by Application (2018-2029)
7.4 Europe Solar Home System Market Size by Country
7.4.1 Europe Solar Home System Market Size by Country: 2018 VS 2022 VS 2029
7.4.2 Europe Solar Home System Market Size by Country (2018-2023)
7.4.3 Europe Solar Home System Market Size by Country (2024-2029)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Solar Home System Market Size (2018-2029)
8.2 China Solar Home System Market Size by Type
8.2.1 China Solar Home System Market Size by Type (2018-2023)
8.2.2 China Solar Home System Market Size by Type (2024-2029)
8.2.3 China Solar Home System Market Share by Type (2018-2029)
8.3 China Solar Home System Market Size by Application
8.3.1 China Solar Home System Market Size by Application (2018-2023)
8.3.2 China Solar Home System Market Size by Application (2024-2029)
8.3.3 China Solar Home System Market Share by Application (2018-2029)
9 Asia (excluding China)
9.1 Asia Solar Home System Market Size (2018-2029)
9.2 Asia Solar Home System Market Size by Type
9.2.1 Asia Solar Home System Market Size by Type (2018-2023)
9.2.2 Asia Solar Home System Market Size by Type (2024-2029)
9.2.3 Asia Solar Home System Market Share by Type (2018-2029)
9.3 Asia Solar Home System Market Size by Application
9.3.1 Asia Solar Home System Market Size by Application (2018-2023)
9.3.2 Asia Solar Home System Market Size by Application (2024-2029)
9.3.3 Asia Solar Home System Market Share by Application (2018-2029)
9.4 Asia Solar Home System Market Size by Region
9.4.1 Asia Solar Home System Market Size by Region: 2018 VS 2022 VS 2029
9.4.2 Asia Solar Home System Market Size by Region (2018-2023)
9.4.3 Asia Solar Home System Market Size by Region (2024-2029)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Solar Home System Market Size (2018-2029)
10.2 Middle East, Africa, and Latin America Solar Home System Market Size by Type
10.2.1 Middle East, Africa, and Latin America Solar Home System Market Size by Type (2018-2023)
10.2.2 Middle East, Africa, and Latin America Solar Home System Market Size by Type (2024-2029)
10.2.3 Middle East, Africa, and Latin America Solar Home System Market Share by Type (2018-2029)
10.3 Middle East, Africa, and Latin America Solar Home System Market Size by Application
10.3.1 Middle East, Africa, and Latin America Solar Home System Market Size by Application (2018-2023)
10.3.2 Middle East, Africa, and Latin America Solar Home System Market Size by Application (2024-2029)
10.3.3 Middle East, Africa, and Latin America Solar Home System Market Share by Application (2018-2029)
10.4 Middle East, Africa, and Latin America Solar Home System Market Size by Country
10.4.1 Middle East, Africa, and Latin America Solar Home System Market Size by Country: 2018 VS 2022 VS 2029
10.4.2 Middle East, Africa, and Latin America Solar Home System Market Size by Country (2018-2023)
10.4.3 Middle East, Africa, and Latin America Solar Home System Market Size by Country (2024-2029)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 Greenlight Planet Inc.
11.1.1 Greenlight Planet Inc. Company Details
11.1.2 Greenlight Planet Inc. Business Overview
11.1.3 Greenlight Planet Inc. Solar Home System Introduction
11.1.4 Greenlight Planet Inc. Revenue in Solar Home System Business (2018-2023)
11.1.5 Greenlight Planet Inc. Recent Developments
11.2 M-KOPA SOLAR Kenya Ltd.
11.2.1 M-KOPA SOLAR Kenya Ltd. Company Details
11.2.2 M-KOPA SOLAR Kenya Ltd. Business Overview
11.2.3 M-KOPA SOLAR Kenya Ltd. Solar Home System Introduction
11.2.4 M-KOPA SOLAR Kenya Ltd. Revenue in Solar Home System Business (2018-2023)
11.2.5 M-KOPA SOLAR Kenya Ltd. Recent Developments
11.3 NIWA Solar
11.3.1 NIWA Solar Company Details
11.3.2 NIWA Solar Business Overview
11.3.3 NIWA Solar Solar Home System Introduction
11.3.4 NIWA Solar Revenue in Solar Home System Business (2018-2023)
11.3.5 NIWA Solar Recent Developments
11.4 Renewit Solar Ltd.
11.4.1 Renewit Solar Ltd. Company Details
11.4.2 Renewit Solar Ltd. Business Overview
11.4.3 Renewit Solar Ltd. Solar Home System Introduction
11.4.4 Renewit Solar Ltd. Revenue in Solar Home System Business (2018-2023)
11.4.5 Renewit Solar Ltd. Recent Developments
11.5 Schneider Electric SE
11.5.1 Schneider Electric SE Company Details
11.5.2 Schneider Electric SE Business Overview
11.5.3 Schneider Electric SE Solar Home System Introduction
11.5.4 Schneider Electric SE Revenue in Solar Home System Business (2018-2023)
11.5.5 Schneider Electric SE Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Greenlight Planet Inc.
M-KOPA SOLAR Kenya Ltd.
NIWA Solar
Renewit Solar Ltd.
Schneider Electric SE
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*If Applicable.