Press release
Hybrid Power Solutions Market Forecast to 2021 : Vertiv, Siemens AG, ELTEK
Hybrid Power
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The hybrid power solutions market is projected to reach USD 689.5 million by 2021, growing at a CAGR of 8.1% from 2016 to 2021. Hybrid power solutions are used in residential, commercial, telecom and other industries. Growth in hybrid power generation in off-grid sites, reliable power generation with minimized fuel, and reduced operation and maintenance cost, and reduction in carbon emission are expected to drive the hybrid power solutions market. On the other hand, higher initial investment and higher payback time period are the major restraints of the global hybrid power solutions market
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information as well as to assess future market prospects. The distribution of primary interviews is as follows:
• By Company Type: Tier 1- 60%, Tier 2- 27%, Tier 3- 13%
• By Designation: C-Level- 35%, D-Level- 25%, Others- 40%
• By Region: Americas- 15%, Europe-30%, Asia-Pacific- 45%,Middle East & Africa- 10%
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Key points from table of content:
Company Profiles :
(Overview, Products & Services, Strategies & Insights, Developments)*
• Vertiv
• Siemens AG
• SMA Solar Technology AG
• Huawei Technologies Co. Ltd.
• ZTE Corporation
• Heliocentris Energy Solutions AG
• Poweroasis Ltd.
• ELTEK
• Danvest Energy As
• Flexenclosure AB, Ltd.
• Pfisterer Holding AG
• Vergnet SA
• Electro Power Systems S.A.
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