Boston, MA -- (SBWIRE) -- 09/19/2016 -- Smart solar is the advanced version of the existing solar energy technology system. This technology provides enhanced integration, support, communication, distribution, monitoring, and planning capabilities in the energy delivery system. The introduction of such enhanced technologies in components and services has led to a rise in demand for smart solar systems.

Technavio's analysts forecast the global smart solar market to grow at a CAGR of 15.22% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart solar market for 2016-2020. In this report, 2015 is considered as the base year. It provides a comprehensive overview of the market along with segmentation by type - solutions and components.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Smart Solar Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Get More Details on this Report and a Full Table of Contents at Global Smart Solar Market 2016-2020

Key vendors

-ABB Ltd.
-Echelon Corp.
-GE Power & Water
-Schneider Electric SE
-Siemens AG

Other prominent vendors

-Itron
-Landis+GYR
-Sensus USA
-Silver Spring Networks
-Solarcity
-Sunnova
-Urban Green Energy (UGE) International
-Vivint Solar

Market driver

-Rise in solar energy consumption and installations
-For a full, detailed list, view our report

Market challenge

-Long-term bankability of smart solar projects
-For a full, detailed list, view our report

Market trend

-Increasing demand for solutions and services
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: ABB, Echelon, GE Power & Water, Schneider Electric, Siemens, Itron, Landis+GYR, Sensus USA, Silver Spring Networks, Solarcity, Sunnova, Urban Green Energy (UGE) International, Vivint Solar

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