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Global Solar Home Lighting Market to grow at a CAGR of 20% by end of 2020

Press Release   •   Jan 27, 2017 05:42 EST

About the Solar Home Lighting Market

The segmentation of the global solar home lighting market has been based on two distinct verticals that exist within the broader market. These are based on the technology used and the services provided. The segmentation of the market is as follows:

Grid-tied solar home lighting systems

Off-grid solar home lighting systems

In 2015, the solar home lighting market was dominated by the grid-tied systems, which accounted for nearly 86.35% of the global market. The off-grid solar home lighting segment is the underweight in the current market conditions. The segment commands 13.65% share of the global market pie.

Technavios analysts forecast the global solar home lighting market to grow at a CAGR of 20% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global solar home lighting market for 2016-2020.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Solar Home Lighting Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Download Sample Copy of Report at http://www.marketresearchreports.biz/sample/sample/800337

Key vendors

Panasonic

Tata Power Solar Systems

Shenzhen Yingli New Energy Resources

Sharp

Other prominent vendors

GE Renewable Energy

Su-Kam

Solarcentury

Philips

Market driver

Increased focus on environmental protection

For a full, detailed list, view our report

Market challenge

Limited sales channels

For a full, detailed list, view our report

Market trend

Dominance of emerging markets

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?