Hybrid Power Solutions market size will grow from USD 499.6 Million in 2017 to USD 810.7 Million by 2023, at an estimated CAGR of 8.4%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The growth is attributed to growth in hybrid power generation in off-grid sites, reliable power generation with minimized fuel, and reduced operation and maintenance cost, and reduction in carbon emission.The report segments the hybrid power solutions market based on end-users into residential, commercial, telecom, and others. Commercial segment is the largest end-user of hybrid power solutions owing to the growing number of small-to-medium scale industries in off-grid areas. Based on system type, the solar-diesel segment is expected to dominate the hybrid power solutions market during the forecast period. The market has also been segmented based on power rating into three sub-segments: upto 10 kW, 11 kW-100 kW, and above 100 kW. The 11 kW-100 kW segment is the largest market; due to their major applications in commercial sector, where these systems offer more design flexibility and provide reliable power in comparison with traditional diesel based power generation solutions.
By Market Players:
Vertiv , Siemens AG , SMA Solar Technology AG , Huawei Technologies Co. Ltd. , ZTE Corporation , Heliocentris Energy Solutions AG , Poweroasis Ltd. , ELTEK , Danvest Energy As , Flexenclosure AB, Ltd. , Pfisterer Holding AG , Vergnet SA , Electro Power Systems S.A.
By System Type
Solar-Diesel , Wind-Diesel , Solar-Wind-Diesel, ,
By Power Rating
Up to 10 kW , 11 kW – 100 kW , Above 100 kW, ,
By End-User
Residential , Commercial, Telecommunication , Others,
The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
Points Covered in The Report:
- The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
- The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
- The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
- Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
- The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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Table of content
Chapter 1 Industry Overview
1.1 Definition
1.2 Brief Introduction by Major System Type
1.2.1 Solar-Diesel
1.2.2 Wind-Diesel
1.2.3 Solar-Wind-Diesel
1.3 Brief Introduction by Major Power Rating
1.3.1 Up to 10 kW
1.3.2 11 kW – 100 kW
1.3.3 Above 100 kW
1.4 Brief Introduction by Major Regions
1.4.1 United States
1.4.2 Europe
1.4.3 China
1.4.4 Japan
1.4.5 India
1.5 Brief Introduction by Major End-User
1.5.1 Residential
1.5.2 Commercial
1.5.3 Telecommunication
1.5.4 Others
1.6 Brief Introduction by Major
Chapter 2 Production Market Analysis
2.1 Global Production Market Analysis
2.1.1 2012-2017 Global Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis
2.1.2 2012-2017 Major Manufacturers Performance and Market Share
2.2 Regional Production Market Analysis
2.2.1 2012-2017 Regional Market Performance and Market Share
2.2.2 United States Market
2.2.3 Europe Market
2.2.4 China Market
2.2.5 Japan Market
2.2.6 India Market
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