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

Location: United States

Comments

Post a Comment

Popular posts from this blog

Flexible Packaging Market – Top Insights On Forecast and Analysis 2020-2024

Image
The  flexible packaging market  size has the potential to grow by USD 59.22 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. Flexible Packaging Market Market Competitive Analysis The flexible packaging market is fragmented. Market vendors are involved in price wars to expand their customer base, which further intensifies the competition. Amcor Plc, Berry Global Group Inc., and CCL Industries Inc. are some of the major market participants. Although the growing popularity of flexible bioplastic packaging will offer immense growth opportunities, increasing focus on reducing the use of plastic packaging will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Download the free sample report @  https://bit.ly/2Xa7d5n To help clients
Read more

Liquid Silicone Rubber Market – Latest Insights on Forecast and Analysis 2020-2024

Image
The liquid silicone rubber market size has the potential to grow by USD 715.78 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. Market Competitive Analysis The market is concentrated, and the vendors in this marketspace mainly compete based on factors such as the cost of production, innovation in products, price, operational cost, R&D cost, and product quality. Focusing on increasing their product portfolio, liquid silicone rubber suppliers are increasingly investing in R&D activities. CHT Group, Elkem ASA, and KC Co. Ltd. are some of the major market participants. Although the rising demand for lightweight materials in the automotive industry will offer immense growth opportunities, the fluctuation in raw material prices will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while mainta
Read more

Scented Candles Market – Top Insights on The Latest Trends

Image
The  scented candles market  size has the potential to grow by USD 1816.06 mn during 2020-2024 Market Competitive Analysis The market is fragmented. Bolsius International BV, Diptyque SAS, Godrej Consumer Products Ltd., NEST Fragrances, Newell Brands Inc., Reckitt Benckiser Group Plc, S.C. Johnson & Son Inc., ScentAir Technologies LLC, The Bridgewater Candle Co., and The Procter & Gamble Co. are some of the major market participants. Factors such as increasing investment in household interiors, growing home décor market, and diversified product portfolio of key vendors will offer immense growth opportunities. However, stiff competition from the unorganized sector, emission of toxic fumes, and criticality of inventory management and product sourcing may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Download the free samp
Read more