Solar Generator Market Globally Grow at a CAGR of 8.32% by Revenue During the Forecast Period 2017-2019

ALBANY, NY, April 28, 2017 : A solar generator is a solar-based photovoltaic (PV) system that converts the photonic energy from sunlight into electricity. This generator is economical as it requires minimal operational cost and can store energy without needing to be warmed up. The rising power shortage globally and the demand for backup power will continue to drive the growth of this market. Solar generators can be both portable and stationery and available in various sizes and capacities ranging from 0.2KW to 20KW, depending on the need. They require no fuel and generate no pollution. They can be used to provide power in remote and isolated areas with no or limited grid connectivity.

Technavios analysts forecast the global solar generator market to grow at a CAGR of 8.32% in terms of revenue over the period 2014-2019.

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Covered in this report
The report covers the current scenario and the growth prospects of the global solar generator market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sale of solar generators.

Technavio's report, Global Solar Generator Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global solar generator market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
Americas
APAC
EMEA

Key vendors
Goal Zero
Hollandia Power Solutions
JASPak
Solar Stik
Sunvis Solar

Other prominent vendors
Bio Lite
Powerenz
Solarline
Solarover
Sol-man
Voltaic Systems

Market driver
Growing power demand and power shortage
For a full, detailed list, view our report

Market challenge
Intermittent nature of solar power
For a full, detailed list, view our report

Market trend
Technological advancements
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space and what is their portfolio matrix?
What are the market opportunities and threats faced by the key vendors?
What is the competitive landscape as characterized by geography?
What are the strengths and weaknesses of the key vendors?

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This release was published on openPR.