Solar Home System Market, Global Outlook and Forecast 2022-2028

March 2022 | 60 pages | ID: S7D47F293DB5EN
Market Monitor Global

Abstracts

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 contains market size and forecasts of Solar Home System in Global, including the following market information:

Global Solar Home System Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Solar Home System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

PAYG Products Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Solar Home System include Greenlight Planet Inc., M-KOPA SOLAR Kenya Ltd., NIWA Solar, Renewit Solar Ltd. and Schneider Electric SE, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has 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, 2017-2022, 2023-2028 ($ millions)

Global Solar Home System Market Segment Percentages, by Type, 2021 (%)

• PAYG Products
• Cash Products

Global Solar Home System Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Solar Home System Market Segment Percentages, by Application, 2021 (%)

• Online
• Offline

Global Solar Home System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Solar Home System Market Segment Percentages, By Region and Country, 2021 (%)

• 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, 2017-2022 (estimated), ($ millions)

Key companies Solar Home System revenues share in global market, 2021 (%)

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

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: 2021 VS 2028
2.2 Global Solar Home System Market Size, Prospects & Forecasts: 2017-2028
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 2021
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, 2021 & 2028
  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, 2017-2022
  4.2.2 By Type - Global Solar Home System Revenue, 2023-2028
  4.2.3 By Type - Global Solar Home System Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Solar Home System Market Size, 2021 & 2028
  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, 2017-2022
  5.2.2 By Application - Global Solar Home System Revenue, 2023-2028
  5.2.3 By Application - Global Solar Home System Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Solar Home System Market Size, 2021 & 2028
6.2 By Region - Global Solar Home System Revenue & Forecasts
  6.2.1 By Region - Global Solar Home System Revenue, 2017-2022
  6.2.2 By Region - Global Solar Home System Revenue, 2023-2028
  6.2.3 By Region - Global Solar Home System Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Solar Home System Revenue, 2017-2028
  6.3.2 US Solar Home System Market Size, 2017-2028
  6.3.3 Canada Solar Home System Market Size, 2017-2028
  6.3.4 Mexico Solar Home System Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Solar Home System Revenue, 2017-2028
  6.4.2 Germany Solar Home System Market Size, 2017-2028
  6.4.3 France Solar Home System Market Size, 2017-2028
  6.4.4 U.K. Solar Home System Market Size, 2017-2028
  6.4.5 Italy Solar Home System Market Size, 2017-2028
  6.4.6 Russia Solar Home System Market Size, 2017-2028
  6.4.7 Nordic Countries Solar Home System Market Size, 2017-2028
  6.4.8 Benelux Solar Home System Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Solar Home System Revenue, 2017-2028
  6.5.2 China Solar Home System Market Size, 2017-2028
  6.5.3 Japan Solar Home System Market Size, 2017-2028
  6.5.4 South Korea Solar Home System Market Size, 2017-2028
  6.5.5 Southeast Asia Solar Home System Market Size, 2017-2028
  6.5.6 India Solar Home System Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Solar Home System Revenue, 2017-2028
  6.6.2 Brazil Solar Home System Market Size, 2017-2028
  6.6.3 Argentina Solar Home System Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Solar Home System Revenue, 2017-2028
  6.7.2 Turkey Solar Home System Market Size, 2017-2028
  6.7.3 Israel Solar Home System Market Size, 2017-2028
  6.7.4 Saudi Arabia Solar Home System Market Size, 2017-2028
  6.7.5 UAE Solar Home System Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 Greenlight Planet Inc.
  7.1.1 Greenlight Planet Inc. Corporate 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 (2017-2022)
  7.1.5 Greenlight Planet Inc. Key News
7.2 M-KOPA SOLAR Kenya Ltd.
  7.2.1 M-KOPA SOLAR Kenya Ltd. Corporate 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 (2017-2022)
  7.2.5 M-KOPA SOLAR Kenya Ltd. Key News
7.3 NIWA Solar
  7.3.1 NIWA Solar Corporate 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 (2017-2022)
  7.3.5 NIWA Solar Key News
7.4 Renewit Solar Ltd.
  7.4.1 Renewit Solar Ltd. Corporate 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 (2017-2022)
  7.4.5 Renewit Solar Ltd. Key News
7.5 Schneider Electric SE
  7.5.1 Schneider Electric SE Corporate 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 (2017-2022)
  7.5.5 Schneider Electric SE Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

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 (2021)
Table 6. Global Solar Home System Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Solar Home System Revenue Share by Companies, 2017-2022
Table 8. Global Companies Solar Home System Product Type
Table 9. List of Global Tier 1 Solar Home System Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Solar Home System Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Solar Home System Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Solar Home System Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Solar Home System Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Solar Home System Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Solar Home System Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Solar Home System Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Solar Home System Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Solar Home System Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Solar Home System Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Solar Home System Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Solar Home System Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Solar Home System Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Solar Home System Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Solar Home System Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Solar Home System Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Solar Home System Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Solar Home System Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Solar Home System Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Solar Home System Revenue, (US$, Mn), 2023-2028
Table 30. Greenlight Planet Inc. Corporate Summary
Table 31. Greenlight Planet Inc. Solar Home System Product Offerings
Table 32. Greenlight Planet Inc. Solar Home System Revenue (US$, Mn), (2017-2022)
Table 33. M-KOPA SOLAR Kenya Ltd. Corporate Summary
Table 34. M-KOPA SOLAR Kenya Ltd. Solar Home System Product Offerings
Table 35. M-KOPA SOLAR Kenya Ltd. Solar Home System Revenue (US$, Mn), (2017-2022)
Table 36. NIWA Solar Corporate Summary
Table 37. NIWA Solar Solar Home System Product Offerings
Table 38. NIWA Solar Solar Home System Revenue (US$, Mn), (2017-2022)
Table 39. Renewit Solar Ltd. Corporate Summary
Table 40. Renewit Solar Ltd. Solar Home System Product Offerings
Table 41. Renewit Solar Ltd. Solar Home System Revenue (US$, Mn), (2017-2022)
Table 42. Schneider Electric SE Corporate Summary
Table 43. Schneider Electric SE Solar Home System Product Offerings
Table 44. Schneider Electric SE Solar Home System Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Solar Home System Segment by Type in 2021
Figure 2. Solar Home System Segment by Application in 2021
Figure 3. Global Solar Home System Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Solar Home System Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Solar Home System Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Solar Home System Revenue in 2021
Figure 8. By Type - Global Solar Home System Revenue Market Share, 2017-2028
Figure 9. By Application - Global Solar Home System Revenue Market Share, 2017-2028
Figure 10. By Region - Global Solar Home System Revenue Market Share, 2017-2028
Figure 11. By Country - North America Solar Home System Revenue Market Share, 2017-2028
Figure 12. US Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Solar Home System Revenue Market Share, 2017-2028
Figure 16. Germany Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 17. France Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Solar Home System Revenue Market Share, 2017-2028
Figure 24. China Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 28. India Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Solar Home System Revenue Market Share, 2017-2028
Figure 30. Brazil Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Solar Home System Revenue Market Share, 2017-2028
Figure 33. Turkey Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Solar Home System Revenue, (US$, Mn), 2017-2028
Figure 37. Greenlight Planet Inc. Solar Home System Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. M-KOPA SOLAR Kenya Ltd. Solar Home System Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. NIWA Solar Solar Home System Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Renewit Solar Ltd. Solar Home System Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Schneider Electric SE Solar Home System Revenue Year Over Year Growth (US$, Mn) & (2017-2022)