Dublin, Jan. 08, 2019 (GLOBE NEWSWIRE) -- The "Solar Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The global solar generator market reached a value of US$ 370 Million in 2017. The market is further projected to reach a value of US$ 525 Million by 2023, registering a CAGR of around 6% during 2018-2023.
Solar generator refers to a solar-based photovoltaic (PV) system which produces electricity from photonic energy of the sunlight. There are two types of solar generators, namely, on-grid and off-grid. They are available in different sizes and capacities based on the consumer's requirement. Solar generators are economical; require minimal cost investments and fuel for operation; generate zero pollution; and can store energy for future purposes. Owing to these factors, they are increasingly being used for the production and distribution of power across the globe.
One of the primary factors driving the market growth is the increasing shortage of electricity across the globe and the consequent demand for power-backup. Catalysed by population growth and increasing urbanisation levels, the demand of power has been showing an increasing trend over the last few decades. Moreover, across many regions, there is currently an imbalance between the supply and demand of power, ultimately leading to a power shortage.
Solar generators are currently playing an important role in reducing this shortage. Further, the market is also being influenced by the rising concerns about climatic change that has created an awareness concerning the usage of renewable resources like solar, hydro and wind power.
Moreover, governments across the globe are encouraging investments in renewable resources by providing tax relaxations and incentives. These investments have reduced the prices of solar generators, thereby facilitating the demand.
Key Questions Answered in This Report:
- How has the global solar generator market performed so far and how will it perform in the coming years?
- What are the key regions in the global solar generator market?
- Which are the major types of solar generators?
- Who are the major end-users of solar generators?
- What are the various stages in the value chain of the global solar generator market?
- What are the key driving factors and challenges in the global solar generator market?
- What is the structure of the global solar generator market and who are the key players?
- What is the degree of competition in the global solar generator market?
- How are solar generators manufactured?
Key Topics Covered:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Solar Generator Market
5.1 Market Overview
5.2 Market Performance
5.3 Price Analysis
5.3.1 Price Indicators
5.3.2 Price Structure
5.3.3 Margin Analysis
5.4 Market Breakup by Grid Connectivity
5.5 Market Breakup by End-User
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.9 Value Chain Analysis
5.10 Porter's Five Forces Analysis
6 Market Breakup by Grid Connectivity
6.1 Off-Grid
6.2 On-Grid
7 Market Breakup by End-User
7.1 Residential
7.2 Commercial
7.3 Industrial
7.4 Military
8 Market Breakup by Region
8.1 North America
8.2 Europe
8.3 Asia Pacific
8.4 Middle East and Africa
8.5 Latin America
9 Solar Generator Manufacturing Process
9.1 Product Overview
9.2 Raw Material Requirements
9.3 Manufacturing Process
9.4 Key Success and Risk Factors
10 Competitive Landscape
10.1 Market Structure
10.2 Key Players
10.3 Profiles of Key Players
10.3.1 Goal Zero
10.3.2 Hollandia
10.3.3 Altern
10.3.4 Jaspak
10.3.5 Sunvis Solar
10.3.6 Biolite
10.3.7 Powerenz
10.3.8 SolMan
10.3.9 SolaRover
10.3.10 SolarLine
10.3.11 Voltaic
For more information about this report visit https://www.researchandmarkets.com/research/s843h2/525_mn_solar?w=12
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