Africa Off Grid Solar Lighting Market Size, Share, Report, 2024 | Fractovia

Press Release   •   Nov 02, 2016 06:45 EDT


Global Africa Off Grid Solar Lightning Market size was about 7.81 million units for 2015 and is predicted to register more than 16.1% CAGR by end of forecast timeframe. Growing requirement of illuminating remote areas of Africa along with reduction of kerosene lamp use is predicted to be key aspect driving industry growth. Off grid solar lightning is preferred among rural areas having poor power supply infrastructure owing to its portability, efficacy and clean energy as compared to other conventional lightning alternatives. More than 592 million population in the region has negligible electric power supply and this consist of more than 461 million rural population and more than 131 million urban population.

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Further, large population is dependent on flame based lightning that is harmful, generates low intensity light and needs constant fuel purchase like kerosene. All these factors are predicted to fuel industry growth in the region.Reducing solar component costs makes the off grid products cost effective as compared to traditional lightning sources like candles and kerosene. Further, 15.1% of income of an African family is spend on lightning charges. Growing use of off grid solar lightning product can help to reduce total lightning costs as well as health risks associated with traditional source of light.

Product Insights
Global industry is segmented into different products like solar home system, large solar home system and solar lantern system. Solar home system (SHS)segment is predicted to register CAGR of more than 16% during forecast timeline. It provides additional features like small electronic gadget charging as well as cell phone charging. All these factors are predicted to promote demand for the segment.

Application Insights
Global Africa off grid solar lightning market is segmented into different applications like residential application, industrial application and commercial application. Residential application segment contributed more than $240 million for 2015. Kerosene lamp substitution with off grid lightning products is predicted to be key factor for industry expansion in residential application segment. In addition to this, diminishing product price along with health risks associated with kerosene lamp is predicted to enhance expansion.

Country Insights
Kenya off grid solar lightning market share was evaluated at more than $85.1 million for 2015. Increasing requirement for reducing lightning expenses in the region is predicted to be key factor driving industry expansion in the country during forecast timeframe. Technological breakthroughs , low prices, long battery life span and portability are few of the major factors leading to industry growth.

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