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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Off-grid solar power systems, commonly referred to as stand-alone power systems, are one of the principal varieties (SAPS).
It operates by harnessing solar power to produce energy, which is then channelled through a charger controller to charge a solar battery.
In order to power the appliances in a home or place of business, the electricity is then converted using an inverter. Even at night or when there is less sun exposure, a solar battery can be used to store electricity that can be used to power a residence.
There are four basic parts to an off-grid solar system: a battery, a solar inverter, a solar panel, and system balancing. Batteries are used to store the DC current that solar panels produce when exposed to sunlight.
A charge controller is required to operate DC applications like fans and lights. Although they operate independently of the grid, off-grid systems feature batteries that can store the solar energy produced by the system.
Solar panels, batteries, charge controllers, grid boxes, inverters, mounting frameworks, and other supporting equipment often make up a system.
The Global off-grid solar power systems market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Off-grid solar systems have been introduced by Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL).
The high-efficiency solar modules, inverters, and batteries that are a part of the off-grid solutions are offered in many varieties that range from 1 to 10 Kw and come with a 5-year warranty.
The company's solutions are designed to meet consumers' needs for an effective integrated power system for their backup power needs when the grid is undersupplied.
By minimising consumers' dependency on pricey and environmentally damaging alternatives like diesel generators during the night and power outages, these solar off-grid solutions allow them to obtain sustainable electricity. These solar off-grid solutions are charged throughout the day.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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