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Global Hybrid Solar Wind Systems Market Size study, by Connectivity (On-Grid System, Stand-Alone System), by End-Use (Residential, Commercial, Industrial) and Regional Forecasts 2020-2027


ID : 63167 Date : Apr 2021 Pages : 200 Pages Publisher : BRCLLP Industry : Energy nd Power




Global Hybrid Solar Wind Systems Market is valued at approximately USD 925 million in 2019 and is anticipated to grow with a healthy growth rate of more than 7.2% over the forecast period 2020-2027. Hybrid solar wind market is gaining a significant prominence owing to these systems are able to generate electricity throughout the year. Hybrid Solar wind system is defined as the systems, which integrates wind mill and solar energy panel, and often comprises small wind turbine generators, storage system, and solar panels to produce and retrieve electricity. These systems usually functioning in small power in the span of 1 kW to 10 kW for the solar panel and the wind turbine combined system. Also, hybrid solar and wind power generation systems are environment-friendly and have proven to be lucrative across the Americas, European Union, and Asia Pacific, thereby strengthening the demand of hybrid solar wind system market. Furthermore, the rise in focus towards generation of renewable energy, coupled with the increase in investment in the smart grid are the few factors responsible for the CAGR of the market during the forecast period. According to the International Renewable Energy Agency, Canada generated around 79,587 MW of renewable energy in 2009 and is reached almost 100,193 MW in 2018. Similarly, as per the government source of Canada, the country has witnessed a tremendous growth in the wind energy generation capacity, which reached to 11,890 MW in 2016 from 351 MW in 2003. Similarly, as per the data published by Wind Europe Organization the new wind installations in Europe were 15.4 gigawatts GW in 2019, an increase from 27% since 2018. This, in turn, is expected to strengthen the demand for hybrid solar wind system, which may contribute towards the higher market growth all over the world. However, the increased initial investment, coupled with lack of awareness about the systems are the few major factors limiting the market growth over the forecast period of 2020-2027.

The regional analysis of the global Hybrid Solar Wind Systems market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-pacific is the leading/significant region across the world in terms of market share owing to the rise in demand for renewable energy generation, and the presence of a significant number of market vendors in the region. Whereas Asia-Pacific is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the rise in smart grid projects along with the increasing number of government projects associated with clean energy in developing countries, such as China and India, would create lucrative growth prospects for the Hybrid Solar Wind Systems market across the Asia-Pacific region.

Major market player included in this report are:
ReGen Powertech
Alpha Windmills
Blue Pacific Solar Product, Inc.
Zenith Solar System
UNITRON Energy System Pvt. Ltd.
Alternate Energy Company
Supernova Technologies Private Ltd.
Polar Power, Inc.
Grupo Dragon
Gamesa Technological Corp.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Connectivity:
On-Grid System
Stand-Alone System

By End-Use:
Residential
Commercial
Industrial

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Hybrid Solar Wind Systems Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers VARs
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 USD Million
1.2.1. Hybrid Solar Wind Systems Market, by Region, 2018-2027 USD Million
1.2.2. Hybrid Solar Wind Systems Market, by Connectivity, 2018-2027 USD Million
1.2.3. Hybrid Solar Wind Systems Market, by End-Use, 2018-2027 USD Million
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Hybrid Solar Wind Systems Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Hybrid Solar Wind Systems Market Dynamics
3.1. Hybrid Solar Wind Systems Market Impact Analysis 2018-2027
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Hybrid Solar Wind Systems Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model 2017-2027
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Hybrid Solar Wind Systems Market, by Connectivity
5.1. Market Snapshot
5.2. Global Hybrid Solar Wind Systems Market by Connectivity, Performance - Potential Analysis
5.3. Global Hybrid Solar Wind Systems Market Estimates & Forecasts by Connectivity 2017-2027 USD Million
5.4. Hybrid Solar Wind Systems Market, Sub Segment Analysis
5.4.1. On-Grid System
5.4.2. Stand-Alone System
Chapter 6. Global Hybrid Solar Wind Systems Market, by End-Use
6.1. Market Snapshot
6.2. Global Hybrid Solar Wind Systems Market by End-Use, Performance - Potential Analysis
6.3. Global Hybrid Solar Wind Systems Market Estimates & Forecasts by End-Use 2017-2027 USD Million
6.4. Hybrid Solar Wind Systems Market, Sub Segment Analysis
6.4.1. Residential
6.4.2. Commercial
6.4.3. Industrial
Chapter 7. Global Hybrid Solar Wind Systems Market, Regional Analysis
7.1. Hybrid Solar Wind Systems Market, Regional Market Snapshot
7.2. North America Hybrid Solar Wind Systems Market
7.2.1. U.S. Hybrid Solar Wind Systems Market
7.2.1.1. Connectivity breakdown estimates & forecasts, 2017-2027
7.2.1.2. End-Use breakdown estimates & forecasts, 2017-2027
7.2.1.3. Sales Channel breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Hybrid Solar Wind Systems Market
7.3. Europe Hybrid Solar Wind Systems Market Snapshot
7.3.1. U.K. Hybrid Solar Wind Systems Market
7.3.2. Germany Hybrid Solar Wind Systems Market
7.3.3. France Hybrid Solar Wind Systems Market
7.3.4. Spain Hybrid Solar Wind Systems Market
7.3.5. Italy Hybrid Solar Wind Systems Market
7.3.6. Rest of Europe Hybrid Solar Wind Systems Market
7.4. Asia-Pacific Hybrid Solar Wind Systems Market Snapshot
7.4.1. China Hybrid Solar Wind Systems Market
7.4.2. India Hybrid Solar Wind Systems Market
7.4.3. Japan Hybrid Solar Wind Systems Market
7.4.4. Australia Hybrid Solar Wind Systems Market
7.4.5. South Korea Hybrid Solar Wind Systems Market
7.4.6. Rest of Asia Pacific Hybrid Solar Wind Systems Market
7.5. Latin America Hybrid Solar Wind Systems Market Snapshot
7.5.1. Brazil Hybrid Solar Wind Systems Market
7.5.2. Mexico Hybrid Solar Wind Systems Market
7.6. Rest of The World Hybrid Solar Wind Systems Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. ReGen Powertech
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial Subject to Data Availability
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Alpha Windmills
8.2.3. Blue Pacific Solar Product, Inc.
8.2.4. Zenith Solar System
8.2.5. UNITRON Energy System Pvt. Ltd.
8.2.6. Alternate Energy Company
8.2.7. Supernova Technologies Private Ltd.
8.2.8. Polar Power, Inc.
8.2.9. Grupo Dragon
8.2.10. Gamesa Technological Corporation
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
List of figures
FIG 1. Global Hybrid Solar Wind Systems market, research methodology
FIG 2. Global Hybrid Solar Wind Systems market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Hybrid Solar Wind Systems market, key trends 2019
FIG 5. Global Hybrid Solar Wind Systems market, growth prospects 2020-2027
FIG 6. Global Hybrid Solar Wind Systems market, porters 5 force Model
FIG 7. Global Hybrid Solar Wind Systems market, pest analysis
FIG 8. Global Hybrid Solar Wind Systems market, value chain analysis
FIG 9. Global Hybrid Solar Wind Systems market by segment, 2017 & 2027 USD Million
FIG 10. Global Hybrid Solar Wind Systems market by segment, 2017 & 2027 USD Million
FIG 11. Global Hybrid Solar Wind Systems market by segment, 2017 & 2027 USD Million
FIG 12. Global Hybrid Solar Wind Systems market by segment, 2017 & 2027 USD Million
FIG 13. Global Hybrid Solar Wind Systems market by segment, 2017 & 2027 USD Million
FIG 14. Global Hybrid Solar Wind Systems market by segment, 2017 & 2027 USD Million
FIG 15. Global Hybrid Solar Wind Systems market by segment, 2017 & 2027 USD Million
FIG 16. Global Hybrid Solar Wind Systems market by segment, 2017 & 2027 USD Million
FIG 17. Global Hybrid Solar Wind Systems market, regional snapshot 2017 & 2027
FIG 18. North America Hybrid Solar Wind Systems market 2017 & 2027 USD Million
FIG 19. Europe Hybrid Solar Wind Systems market 2017 & 2027 USD Million
FIG 20. Asia-Pacific Hybrid Solar Wind Systems market 2017 & 2027 USD Million
FIG 21. Latin America Hybrid Solar Wind Systems market 2017 & 2027 USD Million
FIG 22. Global Hybrid Solar Wind Systems market, company market share analysis 2019


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