Report ID: SQSG55E2003
Report ID:
SQSG55E2003 |
Region:
Global |
Published Date: February, 2024
Pages:
279
|
Tables:
64 |
Figures:
75
Off-Grid Housing Market size was valued at USD 2.27 Billion in 2023 and is poised to grow from USD 2.45 Billion in 2024 to USD 4.86 Billion by 2032, growing at a CAGR of 7.9% during the forecast period (2025-2032).
The ability to save money on utilities and reduce one's environmental effects is a crucial feature driving the off-grid housing industry. With the epidemic highlighting the fragility of supply networks, many individuals have realized that they should aim to be less reliant on the grid.
Off-grid homes rely entirely on their own energy sources, which are frequently renewable sources such as the sun and wind. When a building is off the grid, it implies it has no physical connection or link with any type of utility, and all of the electricity it requires is generated and stored by itself. Living off the grid need strong and dependable energy generating and storage system, as just turning a switch in the case of a power outage is not an option. Off-grid homes, offices, and facilities produce their own electricity using solar, wind, wood-burning stoves, or fossil fuel-powered generators.
US Off-Grid Housing Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQSG55E2003