- Off-grid solar PV panels provide independent, sustainable energy solutions for areas without access to centralized power grids, making them critical for rural electrification, disaster relief, and standalone power systems in residential, commercial, and industrial applications
- The surge in demand is fueled by growing environmental concerns, declining costs of solar panels, and increasing investments in renewable energy infrastructure
- North America dominated the off-grid solar PV panels market with a revenue share of 38.5% in 2024, driven by robust government policies, high adoption of renewable energy, and the presence of leading industry players
- Asia-Pacific is expected to be the fastest-growing region during the forecast period, propelled by rapid urbanization, government-led rural electrification programs, and rising energy demands in countries such as India, Indonesia, and the Philippines
- The thin film segment dominated the largest market revenue share of 43.2% in 2024, attributed to its lightweight, flexible design and cost-effectiveness, making it ideal for off-grid applications in remote and non-standard installations
