Off-Grid Solar Lighting Market Foreseen to Grow Exponentially by 2024

1
Off-Grid Solar Lighting Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2024

2
About Us

• Transparency Market Research (TMR) is a market
  intelligence company, providing North America
  business information reports and services. Our
  exclusive blend of quantitative forecasting and
  trends analysis provides forward-looking insight
  for thousands of decision-makers. We have an
  experienced team of Analysts, Researchers, and
  Consultants, who use proprietary data sources and
  various tools and techniques to gather and
  analyze information. Our business offerings
  represent the latest and the most reliable informa
  tion indispensable for businesses to sustain a
  competitive edge.
• Each TMR Syndicated Research report covers a
  different sectorsuch as pharmaceuticals,
  chemical, energy, food beverages,
  semiconductors, med-devices, consumer goods, and
  technology. These reports provide in-depth
  analysis and deep segmentation to possible micro
  levels. With a wider scope and stratified
  research methodology, our syndicated reports
  strive to serve clients and satisfy their overall
  research requirement.

3
Global Concrete Floor Coatings Market
Snapshot

• Off-grid solar lighting products are rapidly
  becoming the primary mode of illuminating remote
  areas in developing and under-developed countries
  where grid infrastructure is either non-existent
  or is highly unreliable and incompetent.
• Nearly 18 of the worlds population had no
  access to electricity as of 2013, making the
  demographic directly dependent on solid fuels
  such as coal and wood and liquid fuels such as
  kerosene for lighting purposes.

View Report
Download Brochure
4
Supportive Government Policies to Drive Demand
for Off-Grid Solar Lighting Products 

• Globally the demand for off-grid solar lighting
  products is rising at a significant rate as
  people needs better and advanced lighting
  options.
• In several regions, especially in developing
  regions people are highly dependent on natural
  fuels such as wood, kerosene, and coal.
• But the use of these sources have an extreme
  adverse effect on the environment.
• Therefore, off-grid solar lighting products have
  been introduced that will help in minimizing the
  effect of these natural fuels and increase the
  demand in this market. 

5
Lack of Awareness Might Obstruct Market Growth 

• The global off-grid solar lighting market is
  likely to experience high growth in the next
  couple of years, but lack of customer awareness
  about this product might hamper the growth in
  this market.
• In addition, limited availability of finance and
  weak distribution channels are few other
  restraining factors that are expected to deter
  the growth of off-grid solar lighting market.
• However, decreasing cost of off-grid solar
  lighting products and high prices of kerosene
  especially in developing regions are likely to
  expand the demand for off-grid solar lighting
  products in the near future.    

6
Some of the leading players operating in Off-Grid
Solar Lighting Market

• Total S.A.
• OSRAM GmbH
• Koninklijke Philips N.V.
• SunnyMoney
• various others. 

7
(No Transcript)