Hybrid Power Solutions Market - Expected to Reach $1.3 Billion by 2025 - Research and Markets

The "Hybrid Power Solutions Market, 2014 - 2025" report has been added to Research and Markets' offering.

The global hybrid power solutions market is expected to be valued at USD 1.35 billion by 2025, according to a new report. Hybrid power solutions are increasingly used owing to advantages such as less fuel consumption and low electrification rates.

Hybrid power solution systems incorporate more than one type of power source and designed for the generation of centralized electricity grid. They are used to provide energy to many remote areas in developing countries such as India. In addition, the system possesses an ability to offset disadvantages such as fuel flexibility, CO2 emissions, and reliability. The systems are manufactured to achieve desired attributes at lower cost and maximum efficiency, which in turn is expected to fuel the market growth over the forecast period.

Solar-diesel system type was the largest segment in 2016 and valued at USD 216.1 million. The solar energy and diesel hybrid systems provide energy by using solar irradiance, which is both free & abundant. These systems can be used in various industrial applications such as road lighting and fishing boats. In comparison to gensets systems, solar-diesel provide numerous advantages as they have the capability to minimize CO2 emissions and also reduce the risks associated with increasing fuel prices.

Companies Mentioned

  • Siemens AG
  • SMA Solar Technology AG
  • Danvest Energy A/S
  • Alpha Power Solutions
  • ZTE Corporation
  • Ormat
  • AEG Power Solutions
  • PFISTERER Holding AG
  • Repowering Solutions
  • ReGen Powertech

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Hybrid Power Solutions Market Variables, Trends, and Scope

Chapter 4 Hybrid Power Solutions Market: System Type Estimates & Trend Analysis

Chapter 5 Hybrid Power Solutions Market: Power Rating Estimates & Trend Analysis

Chapter 6 Hybrid Power Solutions Market: End-use Estimates & Trend Analysis

Chapter 7 Hybrid Power Solutions Market: Regional Estimates & Trend Analysis

Chapter 8 Competitive Landscape

Chapter 9 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/xdsdrv/hybrid_power