Solar Home Lighting Equipment Market shall reach a value of $2x61.4 Million in 2027, growing with a CAGR of 12.13% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Solar Home Lighting Equipment powered by solar energy utilizing sun powered cells that convert sun-based energy (daylight) direct to electricity. The power is stored in batteries and is used to light at whatever point it is required. The Solar Home Lighting Equipment is a fixed installation intended for homegrown applications. Its a great help and use to non-electrified rural areas and as an emergency lighting system in houses and commercial establishments. The equipment comprises Solar PV Modules (solar cells), a charge controller, battery, and lighting equipment (lamps and fan). Solar Home Lighting Equipment situates on the open rooftop or porch.
Solar Home Lighting Equipment Market Growth and Trends
Solar Home Lighting Equipment Market Regional Analysis
Rising demand for fossil fuel and energy from residential and industrial consumers is anticipated to grow the solar home lighting equipment market globally. The highest share in the market is expected to be registered by the Asia Pacific region owing to the growing adoption of solar products in the market. The Middle East and Africa are estimated to drive the solar home lighting equipment market at an exponential rate with the implementation of renewable sources of energy to help achieve a sustainable environment. Europe is expected to register a high share toll in the market with increased vendors focusing on providing a solar equipped system to households bifurcated from the national grid.
Solar Home Lighting Equipment Market Share and Competition
Key companies operating in this industry are: Tata Power Solar Systems, GE Renewable Energy, Panasonic, Phillips, Sharp, Su-Kam, Solarcentury and Shenzhen Yingli New Energy Resources.
Solar Home Lighting Equipment Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Type Analysis (Revenue, USD Million, 2020 - 2027)
• Off-grid Solar
• Grid-tied Solar
Application Analysis (Revenue, USD Million, 2020 - 2027)
• City
• Countryside
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Solar Home Lighting Equipment Market Companies
• Tata Power Solar Systems
• GE Renewable Energy
• Panasonic
• Phillips
• Sharp
• Su-Kam
• Solarcentury
• Shenzhen Yingli New Energy Resources
Available Versions:-
United States Solar Home Lighting Equipment Market Research Report
Europe Solar Home Lighting Equipment Market Research Report
Asia Pacific Solar Home Lighting Equipment Market Research Report
India Solar Home Lighting Equipment Market Research Report
