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.
This report aims to provide a comprehensive presentation of the global market for Solar Home System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Solar Home System. This report contains market size and forecasts of Solar Home System in global, including the following market information:
Global Solar Home System Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Solar Home System market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Solar Home System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Solar Home System Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Solar Home System Market Segment Percentages, by Type, 2022 (%)
PAYG Products
Cash Products
Global Solar Home System Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Solar Home System Market Segment Percentages, by Application, 2022 (%)
Online
Offline
Global Solar Home System Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Solar Home System Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Solar Home System revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Solar Home System revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Greenlight Planet Inc.
M-KOPA SOLAR Kenya Ltd.
NIWA Solar
Renewit Solar Ltd.
Schneider Electric SE
Outline of Major Chapters:
Chapter 1: Introduces the definition of Solar Home System, market overview.
Chapter 2: Global Solar Home System market size in revenue.
Chapter 3: Detailed analysis of Solar Home System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size 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 market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Solar Home System in regional level and country 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 of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Solar Home System Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Solar Home System Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Solar Home System Overall Market Size
2.1 Global Solar Home System Market Size: 2022 VS 2030
2.2 Global Solar Home System Market Size, Prospects & Forecasts: 2018-2030
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Solar Home System Players in Global Market
3.2 Top Global Solar Home System Companies Ranked by Revenue
3.3 Global Solar Home System Revenue by Companies
3.4 Top 3 and Top 5 Solar Home System Companies in Global Market, by Revenue in 2022
3.5 Global Companies Solar Home System Product Type
3.6 Tier 1, Tier 2 and Tier 3 Solar Home System Players in Global Market
3.6.1 List of Global Tier 1 Solar Home System Companies
3.6.2 List of Global Tier 2 and Tier 3 Solar Home System Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Solar Home System Market Size Markets, 2022 & 2030
4.1.2 PAYG Products
4.1.3 Cash Products
4.2 By Type - Global Solar Home System Revenue & Forecasts
4.2.1 By Type - Global Solar Home System Revenue, 2018-2023
4.2.2 By Type - Global Solar Home System Revenue, 2024-2030
4.2.3 By Type - Global Solar Home System Revenue Market Share, 2018-2030
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Solar Home System Market Size, 2022 & 2030
5.1.2 Online
5.1.3 Offline
5.2 By Application - Global Solar Home System Revenue & Forecasts
5.2.1 By Application - Global Solar Home System Revenue, 2018-2023
5.2.2 By Application - Global Solar Home System Revenue, 2024-2030
5.2.3 By Application - Global Solar Home System Revenue Market Share, 2018-2030
6 Sights by Region
6.1 By Region - Global Solar Home System Market Size, 2022 & 2030
6.2 By Region - Global Solar Home System Revenue & Forecasts
6.2.1 By Region - Global Solar Home System Revenue, 2018-2023
6.2.2 By Region - Global Solar Home System Revenue, 2024-2030
6.2.3 By Region - Global Solar Home System Revenue Market Share, 2018-2030
6.3 North America
6.3.1 By Country - North America Solar Home System Revenue, 2018-2030
6.3.2 US Solar Home System Market Size, 2018-2030
6.3.3 Canada Solar Home System Market Size, 2018-2030
6.3.4 Mexico Solar Home System Market Size, 2018-2030
6.4 Europe
6.4.1 By Country - Europe Solar Home System Revenue, 2018-2030
6.4.2 Germany Solar Home System Market Size, 2018-2030
6.4.3 France Solar Home System Market Size, 2018-2030
6.4.4 U.K. Solar Home System Market Size, 2018-2030
6.4.5 Italy Solar Home System Market Size, 2018-2030
6.4.6 Russia Solar Home System Market Size, 2018-2030
6.4.7 Nordic Countries Solar Home System Market Size, 2018-2030
6.4.8 Benelux Solar Home System Market Size, 2018-2030
6.5 Asia
6.5.1 By Region - Asia Solar Home System Revenue, 2018-2030
6.5.2 China Solar Home System Market Size, 2018-2030
6.5.3 Japan Solar Home System Market Size, 2018-2030
6.5.4 South Korea Solar Home System Market Size, 2018-2030
6.5.5 Southeast Asia Solar Home System Market Size, 2018-2030
6.5.6 India Solar Home System Market Size, 2018-2030
6.6 South America
6.6.1 By Country - South America Solar Home System Revenue, 2018-2030
6.6.2 Brazil Solar Home System Market Size, 2018-2030
6.6.3 Argentina Solar Home System Market Size, 2018-2030
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Solar Home System Revenue, 2018-2030
6.7.2 Turkey Solar Home System Market Size, 2018-2030
6.7.3 Israel Solar Home System Market Size, 2018-2030
6.7.4 Saudi Arabia Solar Home System Market Size, 2018-2030
6.7.5 UAE Solar Home System Market Size, 2018-2030
7 Solar Home System Companies Profiles
7.1 Greenlight Planet Inc.
7.1.1 Greenlight Planet Inc. Company Summary
7.1.2 Greenlight Planet Inc. Business Overview
7.1.3 Greenlight Planet Inc. Solar Home System Major Product Offerings
7.1.4 Greenlight Planet Inc. Solar Home System Revenue in Global Market (2018-2023)
7.1.5 Greenlight Planet Inc. Key News & Latest Developments
7.2 M-KOPA SOLAR Kenya Ltd.
7.2.1 M-KOPA SOLAR Kenya Ltd. Company Summary
7.2.2 M-KOPA SOLAR Kenya Ltd. Business Overview
7.2.3 M-KOPA SOLAR Kenya Ltd. Solar Home System Major Product Offerings
7.2.4 M-KOPA SOLAR Kenya Ltd. Solar Home System Revenue in Global Market (2018-2023)
7.2.5 M-KOPA SOLAR Kenya Ltd. Key News & Latest Developments
7.3 NIWA Solar
7.3.1 NIWA Solar Company Summary
7.3.2 NIWA Solar Business Overview
7.3.3 NIWA Solar Solar Home System Major Product Offerings
7.3.4 NIWA Solar Solar Home System Revenue in Global Market (2018-2023)
7.3.5 NIWA Solar Key News & Latest Developments
7.4 Renewit Solar Ltd.
7.4.1 Renewit Solar Ltd. Company Summary
7.4.2 Renewit Solar Ltd. Business Overview
7.4.3 Renewit Solar Ltd. Solar Home System Major Product Offerings
7.4.4 Renewit Solar Ltd. Solar Home System Revenue in Global Market (2018-2023)
7.4.5 Renewit Solar Ltd. Key News & Latest Developments
7.5 Schneider Electric SE
7.5.1 Schneider Electric SE Company Summary
7.5.2 Schneider Electric SE Business Overview
7.5.3 Schneider Electric SE Solar Home System Major Product Offerings
7.5.4 Schneider Electric SE Solar Home System Revenue in Global Market (2018-2023)
7.5.5 Schneider Electric SE Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Solar Home System Market Opportunities & Trends in Global Market
Table 2. Solar Home System Market Drivers in Global Market
Table 3. Solar Home System Market Restraints in Global Market
Table 4. Key Players of Solar Home System in Global Market
Table 5. Top Solar Home System Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Solar Home System Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Solar Home System Revenue Share by Companies, 2018-2023
Table 8. Global Companies Solar Home System Product Type
Table 9. List of Global Tier 1 Solar Home System Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Solar Home System Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Solar Home System Revenue, (US$, Mn), 2022 & 2030
Table 12. By Type - Solar Home System Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Solar Home System Revenue in Global (US$, Mn), 2024-2030
Table 14. By Application ? Global Solar Home System Revenue, (US$, Mn), 2022 & 2030
Table 15. By Application - Solar Home System Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Solar Home System Revenue in Global (US$, Mn), 2024-2030
Table 17. By Region ? Global Solar Home System Revenue, (US$, Mn), 2022 & 2030
Table 18. By Region - Global Solar Home System Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Solar Home System Revenue (US$, Mn), 2024-2030
Table 20. By Country - North America Solar Home System Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Solar Home System Revenue, (US$, Mn), 2024-2030
Table 22. By Country - Europe Solar Home System Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Solar Home System Revenue, (US$, Mn), 2024-2030
Table 24. By Region - Asia Solar Home System Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Solar Home System Revenue, (US$, Mn), 2024-2030
Table 26. By Country - South America Solar Home System Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Solar Home System Revenue, (US$, Mn), 2024-2030
Table 28. By Country - Middle East & Africa Solar Home System Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Solar Home System Revenue, (US$, Mn), 2024-2030
Table 30. Greenlight Planet Inc. Company Summary
Table 31. Greenlight Planet Inc. Solar Home System Product Offerings
Table 32. Greenlight Planet Inc. Solar Home System Revenue (US$, Mn) & (2018-2023)
Table 33. Greenlight Planet Inc. Key News & Latest Developments
Table 34. M-KOPA SOLAR Kenya Ltd. Company Summary
Table 35. M-KOPA SOLAR Kenya Ltd. Solar Home System Product Offerings
Table 36. M-KOPA SOLAR Kenya Ltd. Solar Home System Revenue (US$, Mn) & (2018-2023)
Table 37. M-KOPA SOLAR Kenya Ltd. Key News & Latest Developments
Table 38. NIWA Solar Company Summary
Table 39. NIWA Solar Solar Home System Product Offerings
Table 40. NIWA Solar Solar Home System Revenue (US$, Mn) & (2018-2023)
Table 41. NIWA Solar Key News & Latest Developments
Table 42. Renewit Solar Ltd. Company Summary
Table 43. Renewit Solar Ltd. Solar Home System Product Offerings
Table 44. Renewit Solar Ltd. Solar Home System Revenue (US$, Mn) & (2018-2023)
Table 45. Renewit Solar Ltd. Key News & Latest Developments
Table 46. Schneider Electric SE Company Summary
Table 47. Schneider Electric SE Solar Home System Product Offerings
Table 48. Schneider Electric SE Solar Home System Revenue (US$, Mn) & (2018-2023)
Table 49. Schneider Electric SE Key News & Latest Developments
List of Figures
Figure 1. Solar Home System Segment by Type in 2022
Figure 2. Solar Home System Segment by Application in 2022
Figure 3. Global Solar Home System Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Solar Home System Market Size: 2022 VS 2030 (US$, Mn)
Figure 6. Global Solar Home System Revenue, 2018-2030 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Solar Home System Revenue in 2022
Figure 8. By Type - Global Solar Home System Revenue Market Share, 2018-2030
Figure 9. By Application - Global Solar Home System Revenue Market Share, 2018-2030
Figure 10. By Type - Global Solar Home System Revenue, (US$, Mn), 2022 & 2030
Figure 11. By Type - Global Solar Home System Revenue Market Share, 2018-2030
Figure 12. By Application - Global Solar Home System Revenue, (US$, Mn), 2022 & 2030
Figure 13. By Application - Global Solar Home System Revenue Market Share, 2018-2030
Figure 14. By Region - Global Solar Home System Revenue Market Share, 2018-2030
Figure 15. By Country - North America Solar Home System Revenue Market Share, 2018-2030
Figure 16. US Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 17. Canada Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 18. Mexico Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 19. By Country - Europe Solar Home System Revenue Market Share, 2018-2030
Figure 20. Germany Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 21. France Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 22. U.K. Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 23. Italy Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 24. Russia Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 25. Nordic Countries Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 26. Benelux Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 27. By Region - Asia Solar Home System Revenue Market Share, 2018-2030
Figure 28. China Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 29. Japan Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 30. South Korea Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 31. Southeast Asia Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 32. India Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 33. By Country - South America Solar Home System Revenue Market Share, 2018-2030
Figure 34. Brazil Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 35. Argentina Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 36. By Country - Middle East & Africa Solar Home System Revenue Market Share, 2018-2030
Figure 37. Turkey Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 38. Israel Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 39. Saudi Arabia Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 40. UAE Solar Home System Revenue, (US$, Mn), 2018-2030
Figure 41. Greenlight Planet Inc. Solar Home System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. M-KOPA SOLAR Kenya Ltd. Solar Home System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. NIWA Solar Solar Home System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Renewit Solar Ltd. Solar Home System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Schneider Electric SE Solar Home System Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
