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Hybrid Solar Wind Systems Market Size, Share & Trends Analysis Report By Connectivity (On-grid, Stand-alone), By End Use (Residential, Commercial, Industrial), By Region, And Segment Forecasts, 2020 - 2027

June 2020 | 117 pages | ID: HC9A559B1130EN
Grand View Research, Inc.

US$ 5,950.00

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Hybrid Solar Wind Systems Market Growth & Trends

The global hybrid solar wind systems market size is expected to reach USD 1.61 billion by 2027, registering a CAGR of 7.2% over the forecast period, according to a new report by Grand View Research, Inc. Positive outlook towards the renewable energy sector on account of growing demand for clean and sustainable energy is expected to remain a major growth-driving factor for the market.

Wind and solar power are the most popular non-conventional source of energy owing to their abundance in availability, which has been a critical factor over the past few years. Global warming and climate change have been the causes of concerns over the past few decades. The Paris Agreement of 2015, where more than 180 governments of various countries pledged to work towards increasing energy efficiency and saving energy, has also played a major role in boosting the wind energy market growth.

The declining cost of wind and solar energy is another significant factor driving the market. Technological innovation and advanced manufacturing trends, especially in the solar panels in China, has led to a steep decline in the installation cost. Furthermore, efficient blade designs, gearless wind turbines, and use of Artificial Intelligence (AI) for maintenance and surveillance have increased the penetration of these systems across the world.

Moreover, growing number of pacts and initiatives, with respect to the adoption of hybrid wind and solar energy projects, are majorly contributing to the demand. Transitioning trend toward the use of products and services that cause least environmental damage is also expected to propel the market growth over the period of the forecast period.

Hybrid Solar Wind Systems Market Report Highlights
  • Stand-alone systems was the largest connectivity segment capturing around 62.8% of the global market share in 2019 due to high demand from remote industries
  • Industrial end-sue segment is anticipated to lead the market in future due to growing demand for electricity
  • Asia Pacific is anticipated to be the largest regional segment by 2027 owing to presence of end-use industries, such as automotive, electronics, manufacturing, and pharmaceutical
  • Government contracts, new product launches, and technological collaborations are some of the strategic initiatives taken up by most of the leading companies in the market
CHAPTER 1 METHODOLOGY & SCOPE

1.1 Market Segmentation & Scope
1.2 Market Definitions
1.3 Assumptions
1.4 Information Procurement
  1.4.1 Purchased Database
  1.4.2 GVR’s Internal Database
  1.4.3 Secondary Sources
  1.4.4 Third Party Perspective
  1.4.5 Primary Research
1.5 Information Analysis
  1.5.1 Data Analysis Models
1.6 Market Formulation and Data Visualization
1.7 Data Validation and Publishing

CHAPTER 2 EXECUTIVE SUMMARY

2.1 Market Outlook
2.2 Segmental Outlook
2.3 Competitive Insights

CHAPTER 3 INDUSTRY OVERVIEW

3.1 Market Lineage Outlook
  3.1.1 Global Renewable Power Generation Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 Value Chain Analysis
  3.3.1 Manufacturing Trends
  3.3.2 Sales Channel Analysis
  3.3.3 Vendor Selection Criteria Analysis
3.4 Regulatory Framework
  3.4.1 Standards and Compliances
  3.4.2 Safety
3.5 Market Dynamics
  3.5.1 Market Driver Analysis
  3.5.2 Market Restraint Analysis
  3.5.3 Industry Challenges
3.6 Business Environment Analysis
  3.6.1 Industry Analysis - Porter’s
  3.6.2 PESTEL analysis

CHAPTER 4 HYBRID SOLAR WIND SYSTEMS MARKET: CONNECTIVITY ESTIMATES & TREND ANALYSIS

4.1 Definition & Scope
4.2 Global Hybrid Solar Wind Systems Market: Connectivity Movement Analysis, 2019 & 2027
4.3 Market size & forecasts and trend analysis, 2016 to 2027 for the following:
  4.3.1 On-Grid System
    4.3.1.1 Market estimates & forecasts, 2016 - 2027 (USD Million)
  4.3.2 Stand-Alone System
    4.3.1.2 Market estimates & forecasts, 2016 - 2027 (USD Million)

CHAPTER 5 HYBRID SOLAR WIND SYSTEMS MARKET: END-USE ESTIMATES & TREND ANALYSIS

5.1 Definition & Scope
5.2 Global Hybrid Solar Wind Systems Market: End-use Movement Analysis, 2019 & 2027
5.3 Market size & forecasts and trend analysis, 2016 to 2027 for the following:
  5.3.1 Residential
    5.3.1.1 Market estimates & forecasts, 2016 - 2027 (USD Million)
  5.3.2 Commercial
    5.3.2.1 Market estimates & forecasts, 2016 - 2027 (USD Million)
  5.3.3 Industrial
    5.3.3.1 Market estimates & forecasts, 2016 - 2027 (USD Million)

CHAPTER 6 GLOBAL HYBRID SOLAR WIND SYSTEMS MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

6.1 Global Hybrid Solar Wind Systems Market: Regional Movement Analysis, 2019 & 2027
6.2 Market Size & Forecasts and Trend Analysis, 2016 to 2027 for the following:
  6.2.1. North America
    6.2.1.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
    6.2.1.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
    6.2.1.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.1.4. U.S.
      6.2.1.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.1.4.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.1.4.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.1.5. Canada
      6.2.1.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.1.5.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.1.5.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.1.6. Mexico
      6.2.1.6.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.1.6.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.1.6.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
  6.2.2. Europe
    6.2.2.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
    6.2.2.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
    6.2.2.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.2.4. Germany
      6.2.2.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.2.4.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.2.4.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.2.5. U.K.
      6.2.2.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.2.5.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.2.5.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.2.6. France
      6.2.2.6.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.2.6.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.2.6.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.2.7. Spain
      6.2.2.7.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.2.7.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.2.7.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
  6.2.3. Asia Pacific
    6.2.3.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
    6.2.3.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
    6.2.3.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.3.4. China
      6.2.3.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.3.4.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.3.4.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.3.5. Japan
      6.2.3.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.3.5.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.3.5.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.3.6. India
      6.2.3.6.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.3.6.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.3.6.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.3.7. Australia
      6.2.3.7.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.3.7.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.3.7.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
  6.2.4. Central & South America
    6.2.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
    6.2.4.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
    6.2.4.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.4.4. Brazil
      6.2.4.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.4.4.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.4.4.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.4.5. Argentina
      6.2.4.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.4.5.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.4.5.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
  6.2.5. Middle East & Africa
    6.2.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
    6.2.5.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
    6.2.5.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.5.4. Saudi Arabia
      6.2.5.4.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.5.4.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.5.4.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)
    6.2.5.5. UAE
      6.2.5.5.1. Market estimates and forecasts, 2016 - 2027 (USD Million)
      6.2.5.5.2. Market estimates and forecasts, by connectivity, 2016 - 2027 (USD Million)
      6.2.5.5.3. Market estimates and forecasts, by end-use, 2016 - 2027 (USD Million)

CHAPTER 7 COMPETITIVE LANDSCAPE

7.1 Recent Developments & their Impact on the Industry
7.2 Major Deals & Strategic Alliances
7.3 Vendor Landscape
  7.3.1 List of Key Distributors and Channel Partners
  7.3.2 Company Market Position Analysis

CHAPTER 8 COMPANY PROFILES

8.1 ReGen Powertech
  8.1.1 Company Overview
  8.1.2 Product Benchmarking
  8.1.3 Financial Performance
  8.1.4 Strategic Initiatives
8.2 Alpha Windmills
  8.2.1 Company Overview
  8.2.2 Product Benchmarking
  8.2.3 Financial Performance
  8.2.4 Strategic Initiatives
8.3 Blue Pacific Solar Product, Inc.
  8.3.1 Company Overview
  8.3.2 Product Benchmarking
  8.3.3 Financial Performance
  8.3.4 Strategic Initiatives
8.4 Zenith Solar System
  8.4.1 Company Overview
  8.4.2 Product Benchmarking
  8.4.3 Financial Performance
  8.4.4 Strategic Initiatives
8.5 UNITRON Energy System Pvt. Ltd.
  8.5.1 Company Overview
  8.5.2 Product Benchmarking
  8.5.3 Financial Performance
  8.5.4 Strategic Initiatives
8.6 Gamesa
  8.6.1 Company Overview
  8.6.2 Product Benchmarking
  8.6.3 Strategic Initiatives
8.7 Alternate Energy Company
  8.7.1 Company Overview
  8.7.2 Product Benchmarking
8.8 Supernova Technologies Private Limited
  8.8.1 Company Overview
  8.8.2 Product Benchmarking
  8.8.3 Financial Performance
8.9 Polar Power, Inc
  8.9.1 Company Overview
  8.9.2 Product Benchmarking
8.10 Grupo Dragon
  8.10.1 Company Overview
  8.10.2 Product Benchmarking
  8.10.3 Strategic Initiatives
LIST OF TABLES

Table 1 List of Key End-users
Table 2 Standards and compliances for Hybrid Solar Wind
Table 3 Environmental Regulations
Table 4 Health Expenditure (% GDP)
Table 5 On-Grid System market estimates & forecast, 2016 - 2027 (USD Million)
Table 6 Stand-Alone System market estimates & forecast, 2016 - 2027 (USD Million)
Table 7 Residential market estimates & forecast, 2016 - 2027 (USD Million)
Table 8 Commercial market estimates & forecast, 2016 - 2027 (USD Million)
Table 9 Industrial Hybrid Solar Wind market estimates & forecast, 2016 - 2027 (USD Million)
Table 10 Hybrid Solar Wind end-use in manufacturing market estimates & forecast, 2016 - 2027 (USD Million)
Table 11 Hybrid Solar Wind end-use in Commercial market estimates & forecast, 2016 - 2027 (USD Million)
Table 12 Hybrid Solar Wind end-use in Industrial market estimates & forecast, 2016 - 2027 (USD Million)
Table 13 Hybrid Solar Wind end-use in institutional market estimates & forecast, 2016 - 2027 (USD Million)
Table 14 Other Hybrid Solar Wind end-use market estimates & forecast, 2016 - 2027 (USD Million)
Table 15 North America Hybrid Solar Wind Systems Market estimates & forecast, 2016 - 2027 (USD Million)
Table 16 North America Hybrid Solar Wind Systems Market estimates & forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 17 North America Hybrid Solar Wind Systems Market estimates & forecast, By End-use 2016 - 2027 (USD Million)
Table 18 U.S. Hybrid Solar Wind Systems Market estimates & forecast, 2016 - 2027 (USD Million)
Table 19 U.S. Hybrid Solar Wind Systems Market estimates & forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 20 U.S. Hybrid Solar Wind Systems Market estimates & forecast, By End-use 2016 - 2027 (USD Million)
Table 21 Canada Hybrid Solar Wind Systems Market estimates & forecast, 2016 - 2027 (USD Million)
Table 22 Canada Hybrid Solar Wind Systems Market Estimates & Forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 23 Canada Hybrid Solar Wind Systems Market Estimates & Forecast, By End-Use 2016 - 2027 (USD Million)
Table 24 Mexico Hybrid Solar Wind Systems Market Estimates & Forecast, 2016 - 2027 (USD Million)
Table 25 Mexico Hybrid Solar Wind Systems Market Estimates & Forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 26 Mexico Hybrid Solar Wind Systems Market Estimates & Forecast, By End-Use 2016 - 2027 (USD Million)
Table 27 Europe Hybrid Solar Wind Systems Market Estimates & Forecast, 2016 - 2027 (USD Million)
Table 28 Europe Hybrid Solar Wind Systems Market estimates & forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 29 Europe Hybrid Solar Wind Systems Market estimates & forecast, By End-use 2016 - 2027 (USD Million)
Table 30 U.K. Hybrid Solar Wind Systems Market estimates & forecast, 2016 - 2027 (USD Million)
Table 31 U.K. Hybrid Solar Wind Systems Market estimates & forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 32 U.K. Hybrid Solar Wind Systems Market estimates & forecast, By End-use 2016 - 2027 (USD Million)
Table 33 Germany Hybrid Solar Wind Systems Market Estimates & Forecast, 2016 - 2027 (USD Million)
Table 34 Germany Hybrid Solar Wind Systems Market Estimates & Forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 35 Germany Hybrid Solar Wind Systems Market Estimates & Forecast, By End-Use 2016 - 2027 (USD Million)
Table 36 France Hybrid Solar Wind Systems Market Estimates & Forecast, 2016 - 2027 (USD Million)
Table 37 France Hybrid Solar Wind Systems Market Estimates & Forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 38 France Hybrid Solar Wind Systems Market Estimates & Forecast, By End-Use 2016 - 2027 (USD Million)
Table 39 Asia Pacific Hybrid Solar Wind Systems Market estimates & forecast, 2016 - 2027 (USD Million)
Table 40 Asia Pacific Hybrid Solar Wind Systems Market estimates & forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 41 Asia Pacific Hybrid Solar Wind Systems Market estimates & forecast, By End-use 2016 - 2027 (USD Million)
Table 42 China Hybrid Solar Wind Systems Market Estimates & Forecast, 2016 - 2027 (USD Million)
Table 43 China Hybrid Solar Wind Systems Market Estimates & Forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 44 China Hybrid Solar Wind Systems Market Estimates & Forecast, By End-Use 2016 - 2027 (USD Million)
Table 45 India Hybrid Solar Wind Systems Market Estimates & Forecast, 2016 - 2027 (USD Million)
Table 46 India Hybrid Solar Wind Systems Market Estimates & Forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 47 India Hybrid Solar Wind Systems Market Estimates & Forecast, By End-Use 2016 - 2027 (USD Million)
Table 48 Japan Hybrid Solar Wind Systems Market Estimates & Forecast, 2016 - 2027 (USD Million)
Table 49 Japan Hybrid Solar Wind Systems Market Estimates & Forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 50 Japan Hybrid Solar Wind Systems Market Estimates & Forecast, By End-Use 2016 - 2027 (USD Million)
Table 51 Australia Hybrid Solar Wind Systems Market Estimates & Forecast, 2016 - 2027 (USD Million)
Table 52 Australia Hybrid Solar Wind Systems Market estimates & forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 53 Australia Hybrid Solar Wind Systems Market estimates & forecast, By End-use 2016 - 2027 (USD Million)
Table 54 Central & South America Hybrid Solar Wind Systems Market estimates & forecast, 2016 - 2027 (USD Million)
Table 55 Central & South America Hybrid Solar Wind Systems Market estimates & forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 56 Central & South America Hybrid Solar Wind Systems Market estimates & forecast, By End-use 2016 - 2027 (USD Million)
Table 57 Brazil Hybrid Solar Wind Systems Market Estimates & Forecast, 2016 - 2027 (USD Million)
Table 58 Brazil Hybrid Solar Wind Systems Market Estimates & Forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 59 Brazil Hybrid Solar Wind Systems Market Estimates & Forecast, By End-Use 2016 - 2027 (USD Million)
Table 60 Argentina Hybrid Solar Wind Systems Market Estimates & Forecast, 2016 - 2027 (USD Million)
Table 61 Argentina Hybrid Solar Wind Systems Market Estimates & Forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 62 Argentina Hybrid Solar Wind Systems Market estimates & forecast, By End-use 2016 - 2027 (USD Million)
Table 63 Middle East & Africa Hybrid Solar Wind Systems Market estimates & forecast, 2016 - 2027 (USD Million)
Table 64 Middle East & Africa Hybrid Solar Wind Systems Market estimates & forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 65 Middle East & Africa Hybrid Solar Wind Systems Market estimates & forecast, By End-use 2016 - 2027 (USD Million)
Table 66 SAUDI ARABIA Hybrid Solar Wind Systems Market estimates & forecast, 2016 - 2027 (USD Million)
Table 67 SAUDI ARABIA Hybrid Solar Wind Systems Market estimates & forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 68 Saudi Arabia Hybrid Solar Wind Systems Market Estimates & Forecast, By End-use 2016 - 2027 (USD Million)
Table 69 UAE Hybrid Solar Wind Systems Market estimates & forecast, 2016 - 2027 (USD Million)
Table 70 UAE Hybrid Solar Wind Systems Market estimates & forecast, By Connectivity, 2016 - 2027 (USD Million)
Table 71 UAE Hybrid Solar Wind Systems Market estimates & forecast, By End-use 2016 - 2027 (USD Million)
LIST OF FIGURES

Fig. 1 Hybrid Solar Wind Systems Market segmentation
Fig. 2 Information procurement
Fig. 3 Primary research pattern
Fig. 4 Primary research process
Fig. 5 Primary research approaches
Fig. 6 Global renewable energy market estimates and forecast, 2013 - 2024 (USD Million)
Fig. 7 Global Hybrid Solar Wind Systems Market, 2016 - 2027 (USD Million)
Fig. 8 Hybrid Solar Wind Systems Market: Value Chain Analysis
Fig. 9 Marker driver impact analysis
Fig. 11 Market restraints impact analysis
Fig. 12 Hybrid Solar Wind Systems Market analysis - Porter’s
Fig. 13 Hybrid Solar Wind Systems Market analysis - PESTEL analysis
Fig. 14 Hybrid Solar Wind Systems Market - Connectivity Movement Analysis, 2019 & 2027
Fig. 15 Hybrid Solar Wind Systems Market - End-use Movement Analysis, 2019 & 2027
Fig. 16 Global Hybrid Solar Wind Systems Market: Regional Movement Analysis, 2019 & 2027
Fig. 17 Major Deals & Strategic Alliances
Fig. 18 Four quadrant positioning of vendors


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