New York, Dec. 10, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Off-Grid Solar Lighting Industry" - https://www.reportlinker.com/p05960678/?utm_source=GNW
9 Billion by 2027, growing at a CAGR of 17.3% over the analysis period 2020-2027. Solar Lantern System (SLS), one of the segments analyzed in the report, is projected to record a 18.3% CAGR and reach US$3.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Solar Home Systems (SHS) segment is readjusted to a revised 15.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $473.1 Million, While China is Forecast to Grow at 16.6% CAGR
The Off-Grid Solar Lighting market in the U.S. is estimated at US$473.1 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$839.5 Million by the year 2027 trailing a CAGR of 16.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.6% and 14.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.6% CAGR.
Large Solar Home Systems (LSHS) Segment to Record 14.1% CAGR
In the global Large Solar Home Systems (LSHS) segment, USA, Canada, Japan, China and Europe will drive the 13.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$154.4 Million in the year 2020 will reach a projected size of US$383.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$586 Million by the year 2027.We bring years of research experience to this 9th edition of our report. The 125-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,
Read the full report: https://www.reportlinker.com/p05960678/?utm_source=GNW
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Off-Grid Solar Lighting Competitor Market Share Scenario
Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
Table 1: Off-Grid Solar Lighting Global Market Estimates and
Forecasts in US$ Thousand by Region/Country: 2020-2027
Table 2: Off-Grid Solar Lighting Global Retrospective Market
Scenario in US$ Thousand by Region/Country: 2012-2019
Table 3: Off-Grid Solar Lighting Market Share Shift across Key
Geographies Worldwide: 2012 VS 2020 VS 2027
Table 4: Solar Lantern System (SLS) (Segment) World Market by
Region/Country in US$ Thousand: 2020 to 2027
Table 5: Solar Lantern System (SLS) (Segment) Historic Market
Analysis by Region/Country in US$ Thousand: 2012 to 2019
Table 6: Solar Lantern System (SLS) (Segment) Market Share
Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS
2027
Table 7: Solar Home Systems (SHS) (Segment) Potential Growth
Markets Worldwide in US$ Thousand: 2020 to 2027
Table 8: Solar Home Systems (SHS) (Segment) Historic Market
Perspective by Region/Country in US$ Thousand: 2012 to 2019
Table 9: Solar Home Systems (SHS) (Segment) Market Sales
Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
Table 10: Large Solar Home Systems (LSHS) (Segment) Geographic
Market Spread Worldwide in US$ Thousand: 2020 to 2027
Table 11: Large Solar Home Systems (LSHS) (Segment) Region Wise
Breakdown of Global Historic Demand in US$ Thousand: 2012 to
2019
Table 12: Large Solar Home Systems (LSHS) (Segment) Market
Share Distribution in Percentage by Region/Country: 2012 VS
2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Off-Grid Solar Lighting Market Share (in %) by Company: 2019 &
2025
Market Analytics
Table 13: United States Off-Grid Solar Lighting Market
Estimates and Projections in US$ Thousand by Segment: 2020 to
2027
Table 14: Off-Grid Solar Lighting Market in the United States
by Segment: A Historic Review in US$ Thousand for 2012-2019
Table 15: United States Off-Grid Solar Lighting Market Share
Breakdown by Segment: 2012 VS 2020 VS 2027
CANADA
Table 16: Canadian Off-Grid Solar Lighting Market Estimates and
Forecasts in US$ Thousand by Segment: 2020 to 2027
Table 17: Canadian Off-Grid Solar Lighting Historic Market
Review by Segment in US$ Thousand: 2012-2019
Table 18: Off-Grid Solar Lighting Market in Canada: Percentage
Share Breakdown of Sales by Segment for 2012, 2020, and 2027
JAPAN
Table 19: Japanese Market for Off-Grid Solar Lighting: Annual
Sales Estimates and Projections in US$ Thousand by Segment for
the Period 2020-2027
Table 20: Off-Grid Solar Lighting Market in Japan: Historic
Sales Analysis in US$ Thousand by Segment for the Period
2012-2019
Table 21: Japanese Off-Grid Solar Lighting Market Share
Analysis by Segment: 2012 VS 2020 VS 2027
CHINA
Table 22: Chinese Off-Grid Solar Lighting Market Growth
Prospects in US$ Thousand by Segment for the Period 2020-2027
Table 23: Off-Grid Solar Lighting Historic Market Analysis in
China in US$ Thousand by Segment: 2012-2019
Table 24: Chinese Off-Grid Solar Lighting Market by Segment:
Percentage Breakdown of Sales for 2012, 2020, and 2027
EUROPE
Market Facts & Figures
European Off-Grid Solar Lighting Market: Competitor Market
Share Scenario (in %) for 2019 & 2025
Market Analytics
Table 25: European Off-Grid Solar Lighting Market Demand
Scenario in US$ Thousand by Region/Country: 2020-2027
Table 26: Off-Grid Solar Lighting Market in Europe: A Historic
Market Perspective in US$ Thousand by Region/Country for the
Period 2012-2019
Table 27: European Off-Grid Solar Lighting Market Share Shift
by Region/Country: 2012 VS 2020 VS 2027
Table 28: European Off-Grid Solar Lighting Market Estimates and
Forecasts in US$ Thousand by Segment: 2020-2027
Table 29: Off-Grid Solar Lighting Market in Europe in US$
Thousand by Segment: A Historic Review for the Period 2012-2019
Table 30: European Off-Grid Solar Lighting Market Share
Breakdown by Segment: 2012 VS 2020 VS 2027
FRANCE
Table 31: Off-Grid Solar Lighting Market in France by Segment:
Estimates and Projections in US$ Thousand for the Period
2020-2027
Table 32: French Off-Grid Solar Lighting Historic Market
Scenario in US$ Thousand by Segment: 2012-2019
Table 33: French Off-Grid Solar Lighting Market Share Analysis
by Segment: 2012 VS 2020 VS 2027
GERMANY
Table 34: Off-Grid Solar Lighting Market in Germany: Recent
Past, Current and Future Analysis in US$ Thousand by Segment
for the Period 2020-2027
Table 35: German Off-Grid Solar Lighting Historic Market
Analysis in US$ Thousand by Segment: 2012-2019
Table 36: German Off-Grid Solar Lighting Market Share Breakdown
by Segment: 2012 VS 2020 VS 2027
ITALY
Table 37: Italian Off-Grid Solar Lighting Market Growth
Prospects in US$ Thousand by Segment for the Period 2020-2027
Table 38: Off-Grid Solar Lighting Historic Market Analysis in
Italy in US$ Thousand by Segment: 2012-2019
Table 39: Italian Off-Grid Solar Lighting Market by Segment:
Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED KINGDOM
Table 40: United Kingdom Market for Off-Grid Solar Lighting:
Annual Sales Estimates and Projections in US$ Thousand by
Segment for the Period 2020-2027
Table 41: Off-Grid Solar Lighting Market in the United Kingdom:
Historic Sales Analysis in US$ Thousand by Segment for the
Period 2012-2019
Table 42: United Kingdom Off-Grid Solar Lighting Market Share
Analysis by Segment: 2012 VS 2020 VS 2027
REST OF EUROPE
Table 43: Rest of Europe Off-Grid Solar Lighting Market
Estimates and Forecasts in US$ Thousand by Segment: 2020-2027
Table 44: Off-Grid Solar Lighting Market in Rest of Europe in
US$ Thousand by Segment: A Historic Review for the Period
2012-2019
Table 45: Rest of Europe Off-Grid Solar Lighting Market Share
Breakdown by Segment: 2012 VS 2020 VS 2027
ASIA-PACIFIC
Table 46: Off-Grid Solar Lighting Market in Asia-Pacific by
Segment: Estimates and Projections in US$ Thousand for the
Period 2020-2027
Table 47: Asia-Pacific Off-Grid Solar Lighting Historic Market
Scenario in US$ Thousand by Segment: 2012-2019
Table 48: Asia-Pacific Off-Grid Solar Lighting Market Share
Analysis by Segment: 2012 VS 2020 VS 2027
REST OF WORLD
Table 49: Rest of World Off-Grid Solar Lighting Market
Estimates and Forecasts in US$ Thousand by Segment: 2020 to
2027
Table 50: Rest of World Off-Grid Solar Lighting Historic Market
Review by Segment in US$ Thousand: 2012-2019
Table 51: Off-Grid Solar Lighting Market in Rest of World:
Percentage Share Breakdown of Sales by Segment for 2012, 2020,
and 2027
IV. COMPETITION
Total Companies Profiled: 38
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