openPR Logo
Press release

What’s Driving the Hybrid Power Solutions Market Trends? | Top Key Players are Goldwind, Suzlon Group, Tesla, SMA Solar Technology AG, Enel Green Power, GE, Siemens Gamesa, Vestas, Vattenfall

07-08-2019 06:42 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Hybrid Power Solutions Market

Hybrid Power Solutions Market

Hybrid Power Solutions Market growth will be stimulated by increasing focus toward grid integration for renewable sources. Increasing penetration of renewable technologies along with ongoing adoption of sustainable solutions will foster the business landscape. In 2017, Vestas, Tesla and Windlab has initiated the backup support to Clean Energy Finance Corporation for the construction of Kennedy Energy Park which will be capable to generate 60 MW of electricity from hybrid solar wind technology.

Request for a sample of this research report @ www.gminsights.com/request-sample/detail/2552

Paradigm shift towards decentralized power generation coupled with rising demand for environment friendly technology will complement the hybrid power solutions market share. Introduction of favorable regulatory norms including subsidies, leverage schemes and FIT's will positively influence the product demand. In 2010, the government of India has initiated the promotion of hybrid power generation by facilitating a subsidy of USD 1,450 per kW to the community users.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. GE
2. Siemens Gamesa
3. Vestas
4. Vattenfall
5. Goldwind
6. Suzlon Group
7. Tesla
8. SMA Solar Technology AG
9. Enel Green Power
10. ContourGlobal
11. A123 Systems
12. ReGen Powertech

Chapter 3 Hybrid Power Solutions Market Insights

3.1 Industry segmentation
3.2 Industry landscape, 2013 – 2024
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Innovation & sustainability
3.4.1 General Electric
3.4.2 Enel Green Power
3.4.3 Genesys LLC
3.4.4 Mpower
3.5 Regulatory landscape
3.5.1 Asia Pacific
3.5.1.1 India
3.5.1.2 Australia
3.5.1.3 China
3.5.2 North America
3.5.2.1 U.S.
3.5.3 Europe
3.5.3.1 UK
3.5.4 Middle East & Africa
3.5.4.1 South Africa
3.5.5 Latin America
3.5.5.1 Chile
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.1.1 Growing electricity demand
3.6.1.2 Favorable government initiatives
3.6.1.3 Increasing off-grid electricity demand
3.6.1.4 Growing investments in rural electrification
3.6.1.5 Increasing demand for clean energy
3.6.1.5.1 Renewable Energy Targets
3.6.2 Industry pitfalls and challenges
3.6.2.1 High initial investment
3.6.2.2 Lack of awareness
3.7 Price trend analysis, by component
3.7.1 Solar Module
3.7.2 Battery
3.7.3 Small Wind Turbine
3.8 Growth potential analysis
3.9 Porter’s Analysis
3.10 Competitive landscape, 2017
3.10.1 Strategy dashboard
3.10.1.1 Siemens AG
3.10.1.2 Vestas
3.10.1.2.1 Acquisitions
3.10.1.2.2 Strategic business initiatives and projects
3.10.1.3 GE
3.10.1.3.1 Acquisitions
3.10.1.3.2 Strategic business initiatives and projects
3.11 PESTEL Analysis

Growing adoption of sustainable building codes and standards pertaining to energy efficiency along with development of advanced energy solutions for environment friendly buildings will propel the standalone hybrid power solutions market. In addition, the increasing adoption of low cost, smart integrated technologies and energy efficient systems will impact product adoption. In 2017, the U.S. has witnessed the development of community-based hybrid project powered by Juhl energy accounting for a capacity of 4.5 MW.

Make an inquiry for buying this report @ www.gminsights.com/inquiry-before-buying/2552

U.S. hybrid power solutions market is projected to surpass the cumulative capacity of 900 MW by 2024. Increasing awareness toward standalone power generation units primarily for the consumption across residential establishments will foster the industry growth. Advancement in technology coupled with the growing need for uninterrupted power supply will complement the product penetration.

Rising demand for clean fuel off grid electricity along with favorable regulatory measures to supply electricity to remote areas will foster the hybrid solar-wind power solutions market. Developers are significantly focusing toward the improvisation of capacity utilization factor along with shifting focus toward raising the dependency on effective and sustainable power generation in the hybrid power solutions market.

China hybrid power solutions market will grow over 3% by 2024. Introduction of targets to overcome the growing electricity demand along with government measures toward installation of renewable energy systems will positively impact the industry growth. Economies of scale and technology advancement resulting in significant decline in component cost for renewable power generation stations will further stimulate the industry outlook.

Prominent players in hybrid power solutions market include ReGen Powertech, GE, Siemens Gamesa, Vestas, Vattenfall, Goldwind, Suzlon Group, Alpha Wind Energy, Blue Pacific Solar, Zenith Solar, Alternate Energy Inc., Polar Power Inc., Grupo Dragon, Tesla, A123 Systems, AESC, Inc., MPower Group, SMA Solar Technology AG, Enel Green Power, ContourGlobal, and Danvest - Hybrid Power.

Browse key industry insights spread across 330 pages with 912 market data tables & 38 figures & charts from the report, Hybrid Power Solutions Market in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/hybrid-power-solutions-market

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com
Blog: www.industry-source.org

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What’s Driving the Hybrid Power Solutions Market Trends? | Top Key Players are Goldwind, Suzlon Group, Tesla, SMA Solar Technology AG, Enel Green Power, GE, Siemens Gamesa, Vestas, Vattenfall here

News-ID: 1798328 • Views: 230

More Releases from Global Market Insights, Inc.

Benzalkonium Chloride Market consumption at over 400 kilo tons by 2025 | Merck M …
The latest research says that the Benzalkonium Chloride Market size to reach USD 1.05 billion by 2025. Benzalkonium chloride has seemingly replaced Triclosan as the novel antibacterial agent in spaces such as commercial soaps, cosmetics, and sanitizers. Notably, benzalkonium chloride is mainly used as an antimicrobial and preservative agent and is used as the surfactant. These tend to work by impeding the growth of microorganisms and killing them. The innate
Hypochlorite Bleaches Market Outlook and Competitive Share Analysis 2019-2025 | …
The latest research report says that Global Hypochlorite Bleaches Market to grow at 3.4% CAGR from 2019 to 2025. Global calcium hypochlorite bleaches market share will witness a significant growth of more than 3% between 2019-2025. Calcium hypochlorite is also beneficial in treating ponds, lakes, wells, reservoirs, controlling as well as removing algae in the filters of the water bodies and other water treatment equipment. Several units such as pharmaceutical plants,
Pulp & Paper Enzymes Market to reach $250 million by 2026 | Companies like BASF, …
Global Pulp & paper enzymes market is considered to have a significant impact on climate change throughout its value chain, from raw material sourcing, to production, and through end-use. Moreover, innovation and development of enzymes to replace traditional sodium-based chemicals and chlorines will further support product deployment. Xylanases are experiencing high demand as they are extensively used for a large number of processes such as fiber modification, bleaching, deinking, retting of
4 factors impacting spray adhesives market trends worldwide
Critical applications of spray adhesives market across various sectors of the economy such as transportation, construction, and packaging has supported their demand worldwide. The key benefit of spray adhesives include ease of use that helps in speeding up the process or job, enhancing the overall efficiency. Different kinds of adhesives carry their own set of distinct characteristics which ensures high quality despite the variation in tasks. According to estimates, the

All 5 Releases


More Releases for Power

Brisbane Power Electricians
Brisbane Power is a family owned business of second generation Electricians. From our humble beginnings in 1978, we boast 28 years of experience in electrical services across Brisbane and surrounds. We provide unparalleled 24 hour emergency electrical services to homes and businesses. Brisbane Power is a family owned business of second generation Electricians. From our humble beginnings in 1978, we boast 28 years of experience in electrical services across Brisbane and
Privacy through solar power
The vertical “Shadeplus” blind is to be operated via a new solar module Awnings are not only available as individual items, but also come in a double pack. One of these awnings protects against UV radiation and heat, and the other against glaring light. They achieve this with the assistance of solar power as a practical and simultaneously environmentally-friendly energy source The “pergola” by markilux has been available for quite some time
Temporary Power Generation/Power Rental Market Analysis by Leading Manufacturers …
A new research study from HTF MI with title Global Temporary Power Generation/Power Rental Market Size, Status and Forecast 2025 provides an in-depth assessment of the Temporary Power Generation/Power Rental including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies. The research study provides forecasts for Temporary Power Generation/Power Rental investments till 2022. Access Sample Copy @: https://www.htfmarketreport.com/sample-report/1191683-global-temporary-power-generation-power-rental-market-2 If you are involved in
Medical Power Market Medical Power Market
This report studies Medical Power in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request for discount @ https://www.researchtrades.com/discount/1445183 This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering Astrodyne TDI (US) CUI Inc. (US) Delta Electronic, Inc (TW) Excelsys
Kuwait Power Market to have Surplus Power
Electricity plays a major role in the development of a region, and the electricity generation, transmission and distribution infrastructure serves as a measure of progress in the region. Energy in the form of electricity has become an indispensable part of our everyday lives. Nowadays, power generation uses a variety of sources ranging from fossil fuels like coal and oil, to renewable sources like wind and solar. The energy mix for
Connectivity for power-applications
Halver, 18 June 2015 – At the SPS IPC Drives 2014 in Nuremberg, the connector- and housing specialist ESCHA presented connectivity for power applications. The 4-pole M12x1 connectors are predestinated for power transmission and are available as of now. With the newly developed products identified as ‘Power S‘ or ‘Power T‘, ESCHA offers a consistent- and a qualitatively high-grade M12x1-connectivity portfolio for sensors-, data-, and power supply. The trend moves towards