By: Industry today

Mordor Intelligence has published a new report on the “Off-Grid Solar Energy Market Size,” offering a comprehensive analysis of trends, growth drivers, and future projections.

The global off-grid solar energy market is on track to reach 17.42 gigawatts (GW) by 2030, growing from 12.23 GW in 2025 at a compound annual growth rate (CAGR) of 7.32%Mordor Intelligence. This growth reflects a steady rise in demand for decentralized energy solutions, particularly in regions where grid connectivity remains limited or unreliable.

Off-grid solar systems are increasingly being adopted across residential, commercial, and industrial sectors. These systems offer a reliable alternative to traditional grid power, especially in remote areas where infrastructure development is slow or economically unfeasible. As governments and organizations continue to prioritize energy access and sustainability, off-grid solar is becoming a practical solution for millions.

Rural Electrification Initiatives

Many countries in Africa, Asia, and Latin America are investing in off-grid solar programs to expand electricity access in rural communities. These initiatives are often supported by international aid agencies and public-private partnerships, making solar systems more affordable and accessible.

Declining Costs of Solar Components

The cost of solar panels, batteries, and inverters has dropped significantly over the past decade. This price reduction has made off-grid systems more viable for low-income households and small businesses, especially in emerging markets.

Growing Demand for Backup Power

In regions with frequent power outages or unstable grid supply, off-grid solar systems are being used as backup solutions. This is particularly relevant in parts of South Asia and Sub-Saharan Africa, where grid reliability remains a challenge.

Policy Support and Incentives

Governments are offering subsidies, tax benefits, and import duty exemptions to encourage the adoption of solar energy. These policies are helping to reduce upfront costs and stimulate market growth.

Mobile Pay-As-You-Go Models

Innovative financing models, such as pay-as-you-go (PAYG), are gaining traction. These allow users to pay for solar energy in small installments via mobile money platforms, making solar power more accessible to underserved populations.

Conclusion:

The off-grid solar energy market is poised for steady growth through 2030, with increasing adoption across developing regions and niche applications in developed countries. As energy access becomes a global priority, off-grid solar offers a practical and scalable solution.

Explore Related Reports:

Renewable Energy Market: The Renewable Energy Market Report is Segmented by Technology (Solar Energy, Wind Energy, Hydropower, Bioenergy, Geothermal, and Ocean Energy), End-User (Utilities, Commercial and Industrial, and Residential), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Installed Capacity (GW).

Distributed Solar Power Generation Market: The Report Covers Global Distributed Solar Power Generation Market Growth & Share and is segmented by Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The report offers the market size and forecasts in revenue (USD Million) for all the above segments.