Hybrid Power Solution Market: 2018 Global Industry Size, Share, Trends, Competitive and Key Country Forecast To 2023

Thu Apr 12, 2018 - 1:45pm UTC

Hybrid Power Solution Market 2018 Global Forecast To 2023 report provides a comprehensive analysis of Hybrid Power Solution Product (Wind Diesel, Wind Solar Diesel, Solar Diesel and Others), by End Use (Residential, Commercial, Telecom and Others) and Regions.

Pune, India – April 12, 2018

Report provides Hybrid Power Solution Market key companies with all their Product/Business Segment Overview, Financials Analysis and Key Developments. Market by Key Players includes Siemens AG, Mitsubishi Power Systems Europe Ltd., NYE Thermodynamics Corporation, Doosan Heavy Industries & Construction Co. Ltd., and MJB International, ZTE Corporation, Huawei Technologies Co, SMA Solar Technology AG.

Market Scenario:

Growth in hybrid power generation, power generation with minimized fuel, and reduction in carbon emission are the major factors which are driving the demand for hybrid power solutions market. Moreover, recent trends shows that hybrid power systems are becoming popular because of factors such as advance renewable energy technologies and rise in prices of petroleum products. The abundant availability of manufacturers as well as numerous government incentives have fueled the demand for adoption of hybrid power systems. The lack of grid connectivity in remote and rural areas and sheer unreliability has boosted the installation of these power systems in recent years. Moreover, Factors such as fuel saving, lower atmospheric contamination and connected to other power supplies such as solar panels are moving market towards adoption of Hybrid power system. Whereas, high prices of components for capturing renewable energy acts as a major barrier to the large-scale adoption of hybrid power solutions.

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According to UN Environmental programme, 2015 was a new record for the global investment in renewable energy with a total investment of USD 285.9 Billion. The clean technology energy generation accounted for 10% of the world’s electricity. Of the renewables, a total of 134 GW in 2015, solar photovoltaic accounted for 56GW. In 2016, the global investment in solar energy totalled USD 113.7 billion, with a record 75 GW of installed capacity. This is predominantly due to increasing solar installations in countries such as China and India. These countries have recently surpassed the U.S. as the top destination for solar energy market with substantial investment in the solar energy sector. This will lead to the development of hybrid energy solution in near future.

Market Scope of the Report:

By Product Type:

Wind Diesel

Wind Solar Diesel

Solar Diesel

Others.

By End User:

Residential

Commercial

Telecom

Others.

By Regions:

Asia Pacific (China, Japan, South Korea, and India).

Europe (Germany, France, UK, and Italy).

North America (US, Mexico, and Canada)

Rest of the World (Brazil and Russia).

Asia pacific held the largest share and is projected to dominate the market of hybrid power system. The integration of renewable energy production with the electricity mix also reduces the cost of transporting fuel to remote areas. Moreover, Japan is the leading contributor in the APAC hybrid power systems market, with the surge in renewable energy and commercial projects expected to drive demand for Hybrid power solution market. Moreover, Government is also supporting to make such systems more reliable and cost-effective.

Table of Content:

1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE:

1.3.1 GLOBAL HYBRID POWER SOLUTION MARKET: BY PRODUCT

1.3.2 GLOBAL HYBRID POWER SOLUTION MARKET: BY END USER

1.3.5 GLOBAL HYBRID POWER SOLUTION MARKET: BY REGION

2 RESEARCH METHODOLOGY

2.1 RESEARCH TYPE

2.2 PRIMARY RESEARCHPT

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION

2.4.3 MARKET CRACKDOWN & DATA TRIANGULATION

3 MARKET DYNAMICS

3.1 INTRODUCTION

3.2 MARKET DRIVERS

3.3 MARKET CHALLENGES

3.4 MARKET OPPORTUNITIES

4 EXECUTIVE SUMMARY

5. MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES ANALYSIS

5.2 SUPPLY CHAIN ANALYSIS

6 GLOBAL HYBRID POWER SOLUTION MARKET

6.1 INTRODUCTION

6.2 MARKET STATISTICS

6.2.1 BY PRODUCT

6.2.1.1 WIND DIESEL

6.2.1.2 WIND SOLAR DIESEL

6.2.1.3 SOLAR DIESEL

6.2.1.4 OTHERS

6.2.2 BY END USER

6.2.2.1 RESIDENTIAL

6.2.2.2 COMMERCIAL

6.2.2.3 TELECOM

6.2.2.4 OTHERS

6.2.3 BY GEOGRAPHY

6.2.3.1 NORTH AMERICA

6.2.3.2 EUROPE

6.2.3.3 ASIA-PACIFIC

6.2.3.4 REST OF THE WORLD

7 COMPETITIVE ANALYSIS

7.1 MARKET SHARE ANALYSIS

7.2 COMPANY PROFILES

7.2.1 SIEMENS AG

7.2.2 MITSUBISHI POWER SYSTEMS EUROPE LTD.

7.2.3 NYE THERMODYNAMICS CORPORATION

7.2.4 DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO. LTD.

7.2.5 MJB INTERNATIONAL

7.2.6 ZTE CORPORATION

7.2.7 HUAWEI TECHNOLOGIES CO., LTD

7.2.8 SMA SOLAR TECHNOLOGY AG

7.2.9 OTHERS

Continued…

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The report for Global Hybrid power solution Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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