Pune, India -- (SBWire) -- 01/30/2019 --Smart solar solutions market (Request Sample Here) report analyzes the market size, status, growth rate, and future trends of Smart solar solutions industry. Smart solar solutions market report also focuses on breakdown data status by manufacturers, regions, types, and applications.
Smart solar solutions help users reduce their electricity expenses and increase the efficiency of solar components by monitoring and communicating in real-time. The traditional power generation techniques depend a lot on non-renewable energy sources and generate a lot of pollution. Limited supply of these resources has triggered the need for renewable sources of energy.
Smart Solar Solutions Market includes Major Players - Siemens Ag, Abb Group, Ge Renewable Energy, Schneider Electric, And Echelon, Amongst Others.
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Scope of Report: The scope of Smart solar solutions market report is limited to the type of products and solutions provided, its applications, and the industries that consume those products and solutions. The smart solar solutions market was valued at USD 8.7 billion in 2017 and is projected to reach USD 21.5 billion by the end of 2023, growing at a CAGR of 16.13% over the forecast period of 2018-2023.
Smart Solar Solutions Market Size Analysis by Years:
Historical Year: 2013-2017 || Base Year: 2017 || Estimated Year: 2018 || Forecast Year: 2018-2023
Key Developments in the Market:
- February 2018 - ABB expanded its solar inverter portfolio with the PVS-100/120 inverter and aims to reduce CAPEX and OPEX costs for installers and developers. It is suitable for both large-scale commercial and industrial ground mounted and rooftop applications.
- November 2017 - Schneider Electric Solar extended its Context Smart Gen inverter power ratings for greater flexibility and optimization of both small and large utility power plants.
Regional analysis: The Smart Solar Solutions market gives assessments for the regional level analysis with Production, Sales, Consumption, Imports, and Exports. Following are the Geographical region covers in the Smart Solar Solutions market research report.
US, Canada, UK, Germany, France, China, Japan, India, Mexico, Brazil, Argentina, Saudi Arabia, UAE, South Africa.
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The segmentation of Smart Solar Solution market is done on the basis of the following:
Products: Photovoltaic (PV) Cells, Photovoltaic (PV) Panels, Invertors, Generators
Solution: Power Plant, Residential, Commercial, Energy Storage, Industrial Off-Grid
End-User Application: Commercial, Industrial, Residential
End-User Industry: Automotive, Agriculture, Government, Healthcare etc.
Smart Solar Solution Market Report Highlights:
- Smart Solar Solution Market segments 2018-2023
- Smart Solar Solution Market Drivers, Restraints and Opportunities
- Smart Solar Solution Market Size & Forecast 2018 to 2023
- Supply & Demand Value Chain
- Smart Solar Solution Market - Current Trends
- Competition & Major Companies
Key Questions Answered in Smart Solar Solution Market Report:
- What are the market dynamics?
- What are the future trends of Smart Solar Solution market?
- What are the drivers, risk, challenges of Smart Solar Solution market?
- Who are the suppliers in Smart Solar Solution market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
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Global Smart Solar Solutions Market 2018-2023 by Products, End-User Application (Commercial, Industrial, Residential), End-User Industry (Automotive, Agriculture, Healthcare), and Forecast
Smart solar solutions market report covers the details of drivers, challenges, opportunities and restraints of Smart solar solutions. Moreover, Smart solar solutions market report shares comprehensive details of future prospects and upcoming trends of market.