Global Solar Home Systems Market Is Expected To Grow At A CAGR of 25.83%
Solar Home Systems Market |
Solar home
systems are stand-alone solar photovoltaic (PV) systems that can supply
electricity to households at remote off-grid locations for lighting and to
power appliances, such as radios, fans, and televisions (TVs), while ensuring
cost savings. As per the latest market research report published by
Technavio, the global solar home systems market size will grow by USD 587.7 million during 2019-2023. This market
report provides a detailed analysis of the market by type (PAYG products and
cash products) and geography (MEA and ROW). Get the free sample report below
for the detailed information.
Download the free
sample report @ http://bit.ly/2MhkeEO
There has been rapid growth in the adoption of small
portable devices such as tablets, smartphones, and e-readers, which consume
relatively small amounts of electrical power. it is expected that most
electrical devices and certain consumer items, such as clothing, could be
connected to IoT devices, thus using energy to collect, process, store,
transmit, and receive data. The use of such different types of portable
electronic devices has been propelling the growth potential of solar home
systems for charging of mobile phones, lanterns, and torches in remote areas
with poor electricity connectivity.
the number of
small portable devices with integrated solar modules and rechargeable battery
built into the design has progressed considerably. Also, certain devices use
rechargeable batteries rather than disposable batteries for operations, thus
allowing the devices to be recharged using solar home systems. Hence, the rapid
growth in the adoption of portable devices is expected to boost the growth of
the global solar home systems market at a CAGR of 25.83% during the forecast
period. Get the free sample report below for the detailed information.
Get the Complete
Report @ http://bit.ly/2VHL6Rk
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