PUBLISHER: TechNavio | PRODUCT CODE: 2078130
PUBLISHER: TechNavio | PRODUCT CODE: 2078130
Global Off-Grid Solar Power Systems Market 2026-2030
The global off-grid solar power systems market is forecasted to grow by USD 5992.5 mn during 2025-2030, accelerating at a CAGR of 14.9% during the forecast period. The report on the global off-grid solar power systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by grid expansion initiatives are accelerating market growth, favourable government support policies are expediting market growth, higher adoption of hybrid power systems.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 12.9% |
| CAGR | 14.9% |
| Incremental Value | $5992.5 mn |
Technavio's global off-grid solar power systems market is segmented as below:
By Type
- AC
- DC
By Application
- Non-residential
- Residential
By Component
- Solar panels
- Batteries
- Inverters
- Others
Geography
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Europe
- Germany
- UK
- France
- Italy
- Spain
- The Netherlands
- Middle East and Africa
- UAE
- South Africa
- Turkey
- North America
- US
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Chile
- Rest of World (ROW)
This study identifies the rise in demand of payg model as one of the prime reasons driving the global off-grid solar power systems market growth during the next few years. Also, increasing grid electrification is augmenting market growth and continuous decline in technology costs will lead to sizable demand in the market.
The report on the global off-grid solar power systems market covers the following areas:
- Global off-grid solar power systems market sizing
- Global off-grid solar power systems market forecast
- Global off-grid solar power systems market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global off-grid solar power systems market vendors that include Bluetti Power Inc., d.light design Inc., EcoFlow, Enphase Energy Inc., GoodWe Technologies Co. Ltd., Growatt New Energy, Huawei Technologies Co. Ltd., Jakson Group, Loom Solar Pvt. Ltd., Morningstar Corp., OutBack Power Inc., RENOGY, Schneider Electric SE, SMA Solar Technology AG, Sol Ark Inc, Steca Elektronik GmbH, Su Kam Power Systems Ltd, Sun King, Sungrow Power Supply Co. Ltd., Tesla Inc., Victron Energy BV. Also, the global off-grid solar power systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Component
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- 2.3 Factors of disruption
- 2.4 Impact of drivers and challenges
3 Market Landscape
- 3.1 Market ecosystem
- 3.2 Market characteristics
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- 4.2 Market segment analysis
- Market segments
- 4.3 Market size 2025
- 4.4 Market outlook: Forecast for 2025-2030
5 Historic Market Size
- 5.1 Global Off-Grid Solar Power Systems Market 2020 - 2024
- Historic Market Size - Data Table on Global Off-Grid Solar Power Systems Market 2020 - 2024 ($ million)
- 5.2 Type segment analysis 2020 - 2024
- Historic Market Size - Type Segment 2020 - 2024 ($ million)
- 5.3 Application segment analysis 2020 - 2024
- Historic Market Size - Application Segment 2020 - 2024 ($ million)
- 5.4 Component segment analysis 2020 - 2024
- Historic Market Size - Component Segment 2020 - 2024 ($ million)
- 5.5 Geography segment analysis 2020 - 2024
- Historic Market Size - Geography Segment 2020 - 2024 ($ million)
- 5.6 Country segment analysis 2020 - 2024
- Historic Market Size - Country Segment 2020 - 2024 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI on Global Off-grid Solar Power Systems Market
- 6.2 Impact of Geopolitical Conflicts on Global Off-grid Solar Power Systems Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2025 and 2030
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2025 and 2030
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2025 and 2030
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2025 and 2030
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2025 and 2030
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2025 and 2030
- 7.7 Market condition
8 Market Segmentation by Type
- 8.1 Market segments
- 8.2 Comparison by Type
- 8.3 AC - Market size and forecast 2025-2030
- 8.4 DC - Market size and forecast 2025-2030
- 8.5 Market opportunity by Type
- Market opportunity by Type ($ million)
9 Market Segmentation by Application
- 9.1 Market segments
- 9.2 Comparison by Application
- 9.3 Non-residential - Market size and forecast 2025-2030
- 9.4 Residential - Market size and forecast 2025-2030
- 9.5 Market opportunity by Application
- Market opportunity by Application ($ million)
10 Market Segmentation by Component
- 10.1 Market segments
- 10.2 Comparison by Component
- 10.3 Solar panels - Market size and forecast 2025-2030
- 10.4 Batteries - Market size and forecast 2025-2030
- 10.5 Inverters - Market size and forecast 2025-2030
- 10.6 Others - Market size and forecast 2025-2030
- 10.7 Market opportunity by Component
- Market opportunity by Component ($ million)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- 12.2 Geographic comparison
- 12.3 APAC - Market size and forecast 2025-2030
- 12.3.1 China - Market size and forecast 2025-2030
- 12.3.2 Japan - Market size and forecast 2025-2030
- 12.3.3 India - Market size and forecast 2025-2030
- 12.3.4 South Korea - Market size and forecast 2025-2030
- 12.3.5 Australia - Market size and forecast 2025-2030
- 12.3.6 Indonesia - Market size and forecast 2025-2030
- 12.4 Europe - Market size and forecast 2025-2030
- 12.4.1 Germany - Market size and forecast 2025-2030
- 12.4.2 UK - Market size and forecast 2025-2030
- 12.4.3 France - Market size and forecast 2025-2030
- 12.4.4 Italy - Market size and forecast 2025-2030
- 12.4.5 Spain - Market size and forecast 2025-2030
- 12.4.6 The Netherlands - Market size and forecast 2025-2030
- 12.5 Middle East and Africa - Market size and forecast 2025-2030
- 12.5.1 Saudi Arabia - Market size and forecast 2025-2030
- 12.5.2 UAE - Market size and forecast 2025-2030
- 12.5.3 South Africa - Market size and forecast 2025-2030
- 12.5.4 Israel - Market size and forecast 2025-2030
- 12.5.5 Turkey - Market size and forecast 2025-2030
- 12.6 North America - Market size and forecast 2025-2030
- 12.6.1 US - Market size and forecast 2025-2030
- 12.6.2 Canada - Market size and forecast 2025-2030
- 12.6.3 Mexico - Market size and forecast 2025-2030
- 12.7 South America - Market size and forecast 2025-2030
- 12.7.1 Brazil - Market size and forecast 2025-2030
- 12.7.2 Argentina - Market size and forecast 2025-2030
- 12.7.3 Chile - Market size and forecast 2025-2030
- 12.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
13 Drivers, Challenges, and Opportunity
- 13.1 Market drivers
- Grid expansion initiatives are accelerating market growth
- Favourable government support policies are expediting market growth
- Higher adoption of hybrid power systems
- 13.2 Market challenges
- High initial PV system cost is obstructing market growth
- Poor efficiency of solar power
- Low awareness about alternative sustainable technology
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2025 and 2030
- 13.4 Market opportunities
- Rise in demand of PAYG model
- Increasing grid electrification is augmenting market growth
- Continuous decline in technology costs
14 Competitive Landscape
- 14.1 Overview
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.1 Companies profiled
- Companies covered
- 15.2 Company ranking index
- Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 d.light design Inc.
- d.light design Inc. - Overview
- d.light design Inc. - Product / Service
- d.light design Inc. - Key offerings
- SWOT
- 15.5 Enphase Energy Inc.
- Enphase Energy Inc. - Overview
- Enphase Energy Inc. - Product / Service
- Enphase Energy Inc. - Key news
- Enphase Energy Inc. - Key offerings
- SWOT
- 15.6 GoodWe Technologies Co. Ltd.
- GoodWe Technologies Co. Ltd. - Overview
- GoodWe Technologies Co. Ltd. - Product / Service
- GoodWe Technologies Co. Ltd. - Key offerings
- SWOT
- 15.7 Growatt New Energy
- Growatt New Energy - Overview
- Growatt New Energy - Product / Service
- Growatt New Energy - Key offerings
- SWOT
- 15.8 Huawei Technologies Co. Ltd.
- Huawei Technologies Co. Ltd. - Overview
- Huawei Technologies Co. Ltd. - Product / Service
- Huawei Technologies Co. Ltd. - Key offerings
- SWOT
- 15.9 Jakson Group
- Jakson Group - Overview
- Jakson Group - Product / Service
- Jakson Group - Key offerings
- SWOT
- 15.10 Loom Solar Pvt. Ltd.
- Loom Solar Pvt. Ltd. - Overview
- Loom Solar Pvt. Ltd. - Product / Service
- Loom Solar Pvt. Ltd. - Key offerings
- SWOT
- 15.11 Morningstar Corp.
- Morningstar Corp. - Overview
- Morningstar Corp. - Product / Service
- Morningstar Corp. - Key offerings
- SWOT
- 15.12 OutBack Power Inc.
- OutBack Power Inc. - Overview
- OutBack Power Inc. - Product / Service
- OutBack Power Inc. - Key offerings
- SWOT
- 15.13 RENOGY
- RENOGY - Overview
- RENOGY - Product / Service
- RENOGY - Key offerings
- SWOT
- 15.14 Schneider Electric SE
- Schneider Electric SE - Overview
- Schneider Electric SE - Business segments
- Schneider Electric SE - Key news
- Schneider Electric SE - Key offerings
- Schneider Electric SE - Segment focus
- SWOT
- 15.15 SMA Solar Technology AG
- SMA Solar Technology AG - Overview
- SMA Solar Technology AG - Business segments
- SMA Solar Technology AG - Key offerings
- SMA Solar Technology AG - Segment focus
- SWOT
- 15.16 Sun King
- Sun King - Overview
- Sun King - Product / Service
- Sun King - Key offerings
- SWOT
- 15.17 Sungrow Power Supply Co. Ltd.
- Sungrow Power Supply Co. Ltd. - Overview
- Sungrow Power Supply Co. Ltd. - Product / Service
- Sungrow Power Supply Co. Ltd. - Key offerings
- SWOT
- 15.18 Tesla Inc.
- Tesla Inc. - Overview
- Tesla Inc. - Business segments
- Tesla Inc. - Key offerings
- Tesla Inc. - Segment focus
- SWOT
16 Appendix
- 16.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- Research methodology
- 16.5 Data procurement
- Information sources
- 16.6 Data validation
- Data validation
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.8 Data synthesis
- Data synthesis
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations
- List of abbreviations
