Transparency Market Research Hybrid Power Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 Published Date 18-July-2016 120 Page Report Buy Now Request Sample Press Release Emerging Economies Open New Avenues for Growth for Players in Hybrid Power Systems Industry Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Hybrid Power Systems Market REPORT DESCRIPTION Hybrid Power Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 The declining costs of hybrid power systems owing to the rise in the use of renewable energy sources are making them an economically attractive and eco-friendly solution. The lower environmental impact is making hybrid power systems a potential replacement to traditional diesel power generators. While pure diesel power generation for industrial consumers in remote locations leads to increasing operational costs, PV-diesel hybrid power systems offer liberation from escalating diesel prices and also reduce operating costs. PV-diesel systems also offer efficient electricity supply at minimal maintenance costs. Browse Report with Full TOC at : http://www.transparencymarketresearch.com/hybrid-power-systemsmarket.html The opportunities around off-grid power generation are growing and thus, the hybrid power systems market is expected to be worth US$703.5 mn by 2024, suggests a report published by Transparency Market Research (TMR). The market was valued at US$411.7 mn in 2015 and is expected to expand at a 6.1% CAGR from 2016 to 2024. The unreliability and lack of grid connectivity in rural areas are behind the growth of the hybrid power systems market. Q. What are the approaches taken by companies to succeed in the hybrid power systems market? Companies are investing in emerging economies as there exists an abundant scope for hybrid power systems in the rural and remote areas of Asia Pacific and the Middle East and Africa. A case in point would be Borg Energy. On January 2014, the company extensively invested in India, for rural electrification and engineering, procurement, and construction (EPC). Another strategy adopted by players in the market is product development and innovation. For instance, Saphon Energy has attracted international attention for its innovative bladeless wind energy convertor. Q. Which are the key challenges faced by the hybrid power systems market? The high initial investments, installation, and infrastructural costs are major factors deterring the adoption of hybrid power systems. The longer return on investments (ROI) period for these systems as compared to traditional sources of energy are expected to hamper the adoption rates of these systems. The extended period of waiting to get product certifications can also dampen the growth of the market. For instance, Bergey Windpower Co. spent three years to get the required product certifications for its wind turbines. Q. Which regions are expected to flourish in the hybrid power systems market? Transparency Market Research 2 Hybrid Power Systems Market Asia Pacific led in the past and is expected to retain its leading position in the coming years. Players in the region can avert transmission expenses by installing hybrid power systems as standalone mini-grids. The cost of transportation of fuel to remote areas is also reduced owing to the integration of renewable energy production with the electricity mix. The surge of utility-scale and commercial projects in Japan is also driving the growth of the hybrid power systems market in Asia Pacific. The Middle East and Africa is another lucrative market for hybrid power systems. The mandatory implementation of rural electrification has served as a key driving factor for the growth of the market in the region. Additionally, massive funding for various hybrid power projects by the Asian Development Bank and World Bank has also supported the growth of the market in the MEA region. An overall growth of the market is predicted across the globe as an increasing number of upcoming power projects will augment the demand for hybrid power systems. Download the Hybrid Power Systems Industry Fact Sheet by 2024 @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12884 TABLE OF CONTENT Preface 1.1. Report Description 1.2. Market Segmentation 1.3. Research Scope 1.4. Research Methodology 2. Executive Summary 2.1. Snapshot 2.2. Overview 3. Industry Analysis 3.1. Introduction Transparency Market Research 3 Hybrid Power Systems Market 3.2. Overview 3.3. Value Chain Analysis – Snapshot 3.4. Value Chain Analysis – Overview 3.5. Market Dynamics – Overview 3.5.1. Driver 1 - Hybrid power systems are critical for reducing carbon footprints globally 3.5.2. Driver 2 - High power source reliability offered by wind-solar-diesel combination 3.5.3. Restraint 1 - High initial investments and installation costs 3.5.4. Opportunity 1 - Lack of grid connectivity in remote and rural areas driving hybrid power systems market 3.6. Porter’s Five Forces Analysis – Overview 3.6.1. Porter’s Five Forces Analysis – Bargaining Power of Suppliers 3.6.2. Porter’s Five Forces Analysis – Bargaining Power Of Buyers 3.6.3. Porter’s Five Forces Analysis – Threat Of Substitutes 3.6.4. Porter’s Five Forces Analysis – Threat Of New Entrants 3.6.5. Porter’s Five Forces Analysis – Degree Of Competition 3.7. Market Attractiveness Analysis 4. Global Hybrid Power Systems Market – Type, by Revenue, 2014 – 2024 (US$ Mn) 4.1. Introduction 4.2. Overview 4.3. Wind-Solar-Diesel-Hybrid 4.4. PV-Diesel-Hybrid Transparency Market Research 4 Hybrid Power Systems Market 4.5. Others 5. Global Hybrid Power Systems Market – End-Use, by Revenue, 2014 – 2024 (US$ Mn) 5.1. Introduction 5.2. Overview 5.3. Residential 5.4. Rural Facility Electrification 5.5. Others 6. Global Hybrid Power Systems Market – Regional Analysis by Revenue, 2014 – 2024 (US$ Mn) 6.1. Regional Overview 6.2. Hybrid Power Systems Market - North America 6.3. North America - Overview 6.3.1. U.S. Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.3.1.1. Type Segment 6.3.1.2. End-use Segment 6.3.2. Canada Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.3.2.1. Type Segment 6.3.2.2. End-use Segment 6.3.3. Mexico Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.3.3.1. Type Segment 6.3.3.2. End-use Segment Transparency Market Research 5 Hybrid Power Systems Market 6.4. Hybrid Power Systems Market - Europe 6.5. Europe - Overview 6.5.1. Turkey Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.5.1.1. Type Segment 6.5.1.2. End-use Segment 6.5.2. Kazakhstan Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.5.2.1. Type Segment 6.5.2.2. End-use Segment 6.5.3. Russia Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.5.3.1. Type Segment 6.5.3.2. End-use Segment 6.5.4. Rest of Europe Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.5.4.1. Type Segment 6.5.4.2. End-use Segment 6.6. Hybrid Power Systems Market - Asia Pacific 6.7. Asia Pacific - Overview 6.7.1. China Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.7.1.1. Type Segment 6.7.1.2. End-use Segment 6.7.2. Japan Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.7.2.1. Type Segment 6.7.2.2. End-use Segment Transparency Market Research 6 Hybrid Power Systems Market 6.7.3. Australia Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.7.3.1. Type Segment 6.7.3.2. End-use Segment 6.7.4. Indonesia Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.7.4.1. Type Segment 6.7.4.2. End-use Segment 6.7.5. Rest of Asia Pacific Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.7.5.1. Type Segment 6.7.5.2. End-use Segment 6.8. Hybrid power systems Market - Middle East and Africa 6.9. Middle East and Africa – Overview 6.9.1. South Africa Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.9.1.1. Type Segment 6.9.1.2. End-use Segment 6.9.2. Tanzania Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.9.2.1. Type Segment 6.9.2.2. End-use Segment 6.9.3. Egypt Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.9.3.1. Type Segment 6.9.3.2. End-use Segment 6.9.4. UAE Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.9.4.1. Type Segment Transparency Market Research 7 Hybrid Power Systems Market 6.9.4.2. End-use Segment 6.9.5. Rest of Middle East and Africa Hybrid power systems Market, by Revenue (US$ Mn), 2014– 2024 6.9.5.1. Type Segment 6.9.5.2. End-use Segment 6.10. Hybrid power systems Market - South and Central America 6.11. South and Central America – Overview 6.11.1. Brazil Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.11.1.1. Type Segment 6.11.1.2. End-use Segment 6.11.2. Chile Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.11.2.1. Type Segment 6.11.2.2. End-use Segment 6.11.3. Rest of SCA Hybrid power systems Market, by Revenue (US$ Mn), 2014–2024 6.11.3.1. Type Segment 6.11.3.2. End-use Segment 7. Company Profiles 7.1. Bergey Wind Power Co. 7.1.1. Company Overview 7.1.2. Financial Overview 7.1.3. Business Strategy Transparency Market Research 8 Hybrid Power Systems Market 7.1.4. Recent Developments 7.2. BORG Inc. 7.2.1. Company Overview 7.2.2. Financial Overview 7.2.3. Business Strategy 7.2.4. Recent Developments 7.3. Guangzhou HY Energy Technology Limited Corp. 7.3.1. Company Overview 7.3.2. Financial Overview 7.3.3. Business Strategy 7.3.4. Recent Developments 7.4. Kestrel Renewable Energy 7.4.1. Company Overview 7.4.2. Financial Overview 7.4.3. Business Strategy 7.4.4. Recent Developments 7.5. KYOCERA Corporation 7.5.1. Company Overview 7.5.2. Financial Overview 7.5.3. Business Strategy 7.5.4. Recent Developments 7.6. Panasonic Corporation Transparency Market Research 9 Hybrid Power Systems Market 7.6.1. Company Overview 7.6.2. Financial Overview 7.6.3. Business Strategy 7.6.4. Recent Developments 7.7. Schneider Electric 7.7.1. Company Overview 7.7.2. Financial Overview 7.7.3. Business Strategy 7.7.4. Recent Developments 7.8. Sharp Electronics 7.8.1. Company Overview 7.8.2. Financial Overview 7.8.3. Business Strategy 7.8.4. Recent Developments 7.9. Siemens AG 7.9.1. Company Overview 7.9.2. Financial Overview 7.9.3. Business Strategy 7.9.4. Recent Developments 7.10. Suzlon Group 7.10.1. Company Overview 7.10.2. Financial Overview Transparency Market Research 10 Hybrid Power Systems Market 7.10.3. Business Strategy 7.10.4. Recent Developments Browse Report with Full TOC at : http://www.transparencymarketresearch.com/hybrid-power-systemsmarket.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Transparency Market Research 11
The declining costs of hybrid power systems owing to the rise in the use of renewable energy sources are making them an economically attractive and eco-friendly solution. The lower environmental impact is making hybrid power systems a potential replacement to traditional diesel power generators. While pure diesel power generation for industrial consumers in remote locations leads to increasing operational costs, PV-diesel hybrid power systems offer liberation from escalating diesel prices and also reduce operating costs. PV-diesel systems also offer efficient electricity supply at minimal maintenance costs. Download the Hybrid Power Systems Industry Fact Sheet by 2024 @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12884
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