Off-grid Photovoltaic Systems Market

The United States Off-grid Photovoltaic Systems market size was valued at US$ 456.8 million in 2024 and is projected to reach US$ 823.5 million by 2030, at a CAGR of 10.3% during the forecast period 2024-2030.

Off-grid Photovoltaic Systems are standalone solar power installations not connected to the public electricity grid, typically including solar panels, batteries, charge controllers, and inverters for self-sufficient power generation.

The US Off-grid Photovoltaic Systems market is growing rapidly, driven by increasing demand for energy independence, electrification of remote areas, and advancements in battery storage technologies. In 2023, total installed capacity reached 500 MW, with residential applications accounting for 45% of market value. The market saw a 25% increase in demand for lithium-ion battery-based systems in 2023, offering improved energy density and cycle life. Use in agricultural applications for irrigation and farming operations is growing at 18% annually. The market is witnessing a trend towards smart, IoT-enabled off-grid systems, with a 30% year-over-year increase in sales of systems with remote monitoring and control capabilities. Adoption in disaster relief and emergency response grew by 35% in 2023, highlighting the resilience of off-grid solar solutions. Major system integrators are focusing on developing modular, scalable off-grid solutions, with a 40% increase in product launches featuring plug-and-play expandability. The industry is also seeing increased interest in hybrid solar-wind off-grid systems, with a 45% rise in installations combining multiple renewable sources for enhanced reliability.

Off-grid Photovoltaic Systems Market contains market size and forecasts of Off-grid Photovoltaic Systems in United States, including the following market information:

•    United States Off-grid Photovoltaic Systems Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    United States Off-grid Photovoltaic Systems Market Sales, 2019-2024, 2024-2030,

•    United States Top five Off-grid Photovoltaic Systems companies in 2023 (%)

Report Includes

Off-grid Photovoltaic Systems Market presents an overview of United States market for Off-grid Photovoltaic Systems , sales, revenue and price. Analyses of the United States market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Off-grid Photovoltaic Systems Market focuses on the Off-grid Photovoltaic Systems sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the United States Off-grid Photovoltaic Systems market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Off-grid Photovoltaic Systems Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Off-grid Photovoltaic Systems Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    Small DC Systems

•    Medium Off-grid Power Generation Systems

•    Large Off-grid Power Generation Systems

Segment by Applications

•    Residential

•    Commercial

•    Others

Key Companies covered in Off-grid Photovoltaic Systems Market :

•    SunPower Corporation

•    Tesla, Inc.

•    Vivint Solar

•    LG Electronics Solar Energy

•    Panasonic Corporation

•    First Solar, Inc.

•    Enphase Energy

•    REC Group

•    Canadian Solar Inc.

•    Sunrun Inc.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Off-grid Photovoltaic Systems revenues in United Statesn market, 2019-2024 (Estimated), ($ millions)

•    Key companies Off-grid Photovoltaic Systems revenues share in United Statesn market, 2023 (%)

•    Key companies Off-grid Photovoltaic Systems sales in United Statesn market, 2019-2024 (Estimated),

•    Key companies Off-grid Photovoltaic Systems sales share in United Statesn market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    United Statesn Market Analysis: The report includes United Statesn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Off-grid Photovoltaic Systems Market

•    Overview of the regional outlook of the Off-grid Photovoltaic Systems Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:

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•    Indonesia Off-grid Photovoltaic Systems Market 

•    Brazil Off-grid Photovoltaic Systems Market

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