Research and Markets - Global Solar Diesel Hybrid Power Systems Market CAGR Growth of 6.89% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Key Vendors: SMA, Danvest, Solgen

DUBLIN, July 13, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Solar Diesel Hybrid Power Systems Market 2016-2020" report to their offering.

The report forecasts the global solar diesel hybrid power systems market to grow at a CAGR of 6.89% during the period 2016-2020.

Commenting on the report, an analyst from the research team said: A trend which is propelling market growth is the increased popularity of portable power systems. In developed countries, there is an increasing need for reducing the dependency on fossil fuel, cutting down emissions, and the need to make individual power system less volatile to global oil prices. The scenario in developing countries is different; these countries are investing in various off-grid power sources to provide immediate power access to ensure smooth functioning of industries and the economy. Since renewable technologies have been seeing a continuous decrease in price as well as the reduction of battery energy storage costs, the use of renewable based on grid power systems has increased in both developing and developed countries.

According to the report, a key growth driver is application in remote locations. Using diesel generators as a core power system or as backup systems is common in remote areas where access to the grid power is unreliable or non-existent. The cost per kWh of electricity generated is dependent on the cost of diesel and the maintenance. However, over the years, the cost of diesel has increased, which in turn has increased the cost of power generation, driving the need for alternate power systems.

Questions Answered:

• What will the market size be in 2020 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Companies Mentioned:

• Belectric
• Schneider Electric
• Siemens
• SMA
• Danvest
• Electro power systems
• Elgris power
• Heliocentris
• Outback Power
• Solgen

Report Structure:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by end-user

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

PART 14: Key vendor analysis

PART 15: Appendix

PART 16: About the Author

For more information visit http://www.researchandmarkets.com/research/dgff6c/global_solar

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