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Energy Industry News Releases

Off-grid Solar Power Systems Market Overview, Demand, Size, Growth & Forecast 2022- Worldwide Analysis

(EnergyIndustry.Net, July 19, 2018 ) Owing to various expensive factors, the cost of the main grid extension for rural electrification is quite high. Grid extension is affordable and offers a lower cost per kW while covering a highly dense area. Regions lacking grid access are sparsely populated and as a result, grid extension becomes an expensive option. According to Publisher’s market study, this high cost of grid expansion will be one of the primary factors that will have a positive impact on the growth of the off-grid solar power systems market during the next few years. Owing to the high cost of grid extension, several governments and communities are implementing stand-alone energy systems to provide decentralized power to remote households and communities since these off-grid systems are highly cost-effective and can be scaled according to the various power needs. This will drive the growth of this market, which according to our market research analysts, will grow at a CAGR of more than 14% by 2022.

Get Free Sample Copy at http://www.reportsweb.com/inquiry&RW00011477870/sample .

Covered in this report
The report covers the present scenario and the growth prospects of the global off-grid solar power systems market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of off-grid solar power systems.

The market is divided into the following segments based on geography:
-Americas
-APAC
-EMEA

Publisher's report, Global Off-grid Solar Power Systems Market 2018-2022, 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.

Key vendors
-Greenlight Planet
-M-KOPA Kenya
-Schneider Electric
-SMA Solar Technology
-Su-Kam Power Systems

Get Discount on Report http://www.reportsweb.com/inquiry&RW00011477870/discount .

Market driver
-High cost of grid expansion
-For a full, detailed list, view our report

Market challenge
-High initial PV system cost
-For a full, detailed list, view our report

Market trend
-Growing Pay-As-You-Go (PAYG) model
-For a full, detailed list, view our report

Key questions answered in this report
-What will the market size be in 2022 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-

ReportsWeb.com

Rajat Sahni

+1-646-491-9876

sales@reportsweb.com

Source: EmailWire.Com

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