The article cited AMA's Global Solar Home System Market Study explored substantial growth with CAGR of 17.9%. According the report, Introduction of the IoT based Solar Home System is one of the primary growth factors for the market. Demand for the Energy Efficient and Sustainable Home System is also expected to contribute significantly to the Solar Home System market. Overall, Online applications of Solar Home System, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Greenlight Planet Inc. (United States), M-KOPA Solar (Kenya), NIWA SOLAR (Hong Kong), Schneider Electric (France), Renewit Solar Limited (Hong Kong), Sunrun Inc. (United States) and ENGIE (France) may see astonishing sales in this Market and certainly improve revenue growth.

The Components, such as Solar Panels, is boosting the Solar Home System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Capacity Range, such as 1 Kw, is boosting the Solar Home System market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Solar Home System market identified that the demand is rising in many different parts of the world as "Rising Energy Consumption Awareness Through Government Program will Boost the Solar Home System Market". Furthermore, some recent industry insights like "On 7th July 2020, Sunrun to Acquire Vivint Solar, Creating Home Solar Giant. The leading U.S. home solar installer will gobble up its biggest rival, in a significant consolidation for the industry. The acquisition would roll together two companies with significantly overlapping business models and similar visions for a distributed energy future. Though Sunrun and Vivint Solar have slightly different geographic coverage areas, both install rooftop solar across much of the country through leases, loans, and direct sales." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Reachability and Affordability of Solar Home System in Under Developing Economies"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Solar Home System market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Solar Home System market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Solar Home System market tight?
• Which application/end-user category or Product Type [] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Solar Home System market and other related sub-markets covered in the study.

o Key & emerging players in the Solar Home System market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Solar Home System market size is calculated using market estimation process, the Solar Home System market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Solar Home System market size has been validated using both top-down and bottom-up approaches.