Global Solar Diesel Hybrid Power Systems Market to grow at a CAGR of 6.89% during 2016-2020

MarketResearchReports.Biz has announced addition of new report “Global Solar Diesel Hybrid Power Systems Market 2016-2020” to its database.

About the Solar Diesel Hybrid Power Systems Market

Off-grid power generation systems are typically used when there is a lack of capital constraints or the geographical landscape makes it difficult to have a grid connection. Conventionally, the off-grid area is powered using fossil fuel generators, but environmental concerns and its sustainability in terms of cost, in the long run, has created the need for alternate solutions. A hybrid system that is a combination of two or more power sources such as renewables and diesel generators is an attractive option. The system harnesses the abundance of renewable sources that are freely available to generate electricity, and when combined with a diesel generator, it displaces the fuel consumption. Thus, it reduces the cost and the emission related to diesel power generation. The hybrid system can also be combined with other technologies such as battery storage to improve its effectiveness.

Technavios analysts forecast the global solar diesel hybrid power systems market to grow at a CAGR of 6.89% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global solar diesel hybrid power systems market for 2016-2020. The revenue calculation is based on the end-users that use solar diesel hybrid systems. The end-users include:

Residences

Hotels and resorts

Hospitals

Telecom

Industries

Mining

Utilities/IIP’s

Offices and warehouses

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio’s report, Global Solar Diesel Hybrid Power Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Belectric

Schneider Electric

Siemens

SMA

Download Sample Copy of this Report at http://www.marketresearchreports.biz/sample/sample/746002

Other prominent vendors

Danvest

Electro power systems

Elgris power

Heliocentris

OutBack Power

Solgen

Market driver

Application in remote locations

For a full, detailed list, view our report

Market challenge

High cost of installation

For a full, detailed list, view our report

Market trend

Increased popularity of portable power systems

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

 

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