Africa Off Grid Solar Lighting Market Size

Africa Off Grid Solar Lighting Market Size

Africa Off Grid Solar Lighting Market size was 7.8 million units in 2015 and is projected to expand at over 16% CAGR up to 2024. Increasing need to illuminate African remote areas along with reducing kerosene lamps use is anticipated to be key factor driving growth./p>

Off grid solar lighting is preferred among for rural areas with poor electricity infrastructure due to its portability and clean energy and efficiency compared with other traditional lightning options. Over 590 million populations in the region have negligible electricity access, which includes over 460 million rural populations and over 130 million urban populations. In addition, large population segment is dependent on flame based Lighting, which is hazardous, produces low intensity light, and requires continuous fuel purchase such as kerosene. This is anticipated to propel off grid solar Lighting market growth in the region./p>

Decreasing solar component prices makes off grid solar products cost competitive against traditional lighting source such as kerosene, candles, and others. In addition, on an average, 15% of family income in Africa is consumed by lighting expenses. Increasing solar off grid Lighting product use can help in minimizing annual lighting expense, and also helps in reducing health hazards issues related with conventional light source./p>

Technological advancements have helped in offering extra battery life, multipurpose features such as mobile charging, and user friendly products is likely to boost Africa off grid solar lighting market size from 2016 to 2024. However, lack of customer awareness regarding available products may hinder industry growth./p>

Kerosene lamps and candles together account for over 80% of lightning source in countries such as Kenya, Uganda, Rwanda, Ghana, and Tanzania. Also, kerosene lamps contribute over 270 kiloton black carbon emission annually, which is equal to 240 million tons of carbon causing global warming. Increasing kerosene price had led to kerosene replacement with clean energy source such as solar is forecast to positively impact industry growth.