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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

  • BIZ4192947
  • 200 Pages
  • February 2021
  • Energy and Power
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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 Tables

TABLE 1. Global Hybrid Solar Wind Systems market, report scope

TABLE 2. Global Hybrid Solar Wind Systems market estimates & forecasts by region 2017-2027 (USD Million)

TABLE 3. Global Hybrid Solar Wind Systems market estimates & forecasts by Connectivity 2017-2027 (USD Million)

TABLE 4. Global Hybrid Solar Wind Systems market estimates & forecasts by End-Use 2017-2027 (USD Million)

TABLE 5. Global Hybrid Solar Wind Systems market estimates & forecasts by Sales Channel 2017-2027 (USD Million)

TABLE 6. Global Hybrid Solar Wind Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 7. Global Hybrid Solar Wind Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 8. Global Hybrid Solar Wind Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 9. Global Hybrid Solar Wind Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 10. Global Hybrid Solar Wind Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 11. Global Hybrid Solar Wind Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 12. Global Hybrid Solar Wind Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 13. Global Hybrid Solar Wind Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 14. Global Hybrid Solar Wind Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 15. Global Hybrid Solar Wind Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 16. Global Hybrid Solar Wind Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 17. Global Hybrid Solar Wind Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 18. Global Hybrid Solar Wind Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 19. Global Hybrid Solar Wind Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 20. Global Hybrid Solar Wind Systems market by segment, estimates & forecasts, 2017-2027 (USD Million)

TABLE 21. Global Hybrid Solar Wind Systems market by region, estimates & forecasts, 2017-2027 (USD Million)

TABLE 22. U.S. Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 23. U.S. Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 24. U.S. Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 25. Canada Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 26. Canada Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 27. Canada Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 28. UK Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 29. UK Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 30. UK Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 31. Germany Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 32. Germany Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 33. Germany Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 34. France Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 35. France Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 36. France Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 37. Spain Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 38. Spain Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 39. Spain Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 40. Italy Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 41. Italy Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 42. Italy Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 43. ROE Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 44. ROE Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 45. ROE Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 46. China Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 47. China Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 48. China Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 49. India Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 50. India Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 51. India Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 52. Japan Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 53. Japan Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 54. Japan Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 55. Australia Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 56. Australia Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 57. Australia Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 58. South Korea Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 59. South Korea Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 60. South Korea Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 61. ROPAC Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 62. ROPAC Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 63. ROPAC Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 64. Brazil Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 65. Brazil Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 66. Brazil Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 67. Mexico Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 68. Mexico Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 69. Mexico Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 70. ROLA Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 71. ROLA Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 72. ROLA Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 73. ROW Hybrid Solar Wind Systems market estimates & forecasts, 2017-2027 (USD Million)

TABLE 74. ROW Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 75. ROW Hybrid Solar Wind Systems market estimates & forecasts by segment 2017-2027 (USD Million)

TABLE 76. List of secondary sources, used in the study of global Hybrid Solar Wind Systems market

TABLE 77. List of primary sources, used in the study of global Hybrid Solar Wind Systems market

TABLE 78. Years considered for the study

TABLE 79. Exchange rates considered

 
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