Solar Generator Market – Technavio Publishes Global Industry Analysis Report
By Business Wire News
By Business Wire News
Technavio has published a new report on the global solar generator market,which is expected to grow at a CAGR of more than 8% from 2015-2019.
Solar generator market segmentation including grid-connectivity, end-user, and geography
Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation for different types of grid-connectivity, including on-grid connectivity and off-grid connectivity.
Additionally, analysts have segmented market projections by key geography, and also by end-user, focusing on residential, commercial, industrial, and military segment.
“Advances in technology will revolutionize the global solar generator market by improving the efficiency and quality of solar generators. Manufacturers are making developments in battery life, quality, and value-added features and designs of solar generators, which will cater to the needs of BOP off-grid consumers. These technological advances are set to boost the market growth during the forecast period,” says Faisal Ghaus, Vice President of Technavio.
Solar generator: Market scope and calculation of market size
This report covers the present scenario and growth prospects for the global solar generator market from 2015-2019. The market size has been calculated using the revenue generated from the sale of solar generators. The report also presents a detailed study of growth patterns of the market.
Industry analysis includes:
- Key Vendors:
- Goal Zero
- Hollandia Power Solution
- Solar Stik
- Sunvis Solar
- Market Growth Drivers:
- Increased power demand and power shortages
- Growing environmental concerns and shift to renewable energy
- Market Challenges:
- Intermittent nature of solar power
- High initial installation cost
- Market Trends:
- Advances in technology
- Raising awareness of solar power
View the global solar generator market report.
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