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The hybrid power system is defined as the energy system which is designed or fabricated to extract power by using two or more energy sources. It is the combination of more than one energy sources for giving to the load. The hybrid power system has less emission, good reliability, efficiency, and lower cost. Some of the hybrid power systems use solar and wind power to generate power. Wind and solar energy sources have good benefits than any other non-conventional energy sources. These energy sources are easily available in all areas. It needs lower cost. To install this power system, one need not find special location. The hybrid power system can consist of two types of power generation that are wind turbine generator and the diesel generator. The energy storage may act as a generator or as a load depending upon the need. The diesel generator gives smooth output power, while the power generated by wind turbine depends on the wind velocity.
Scope of the Report:
This report focuses on the Hybrid Power Systems in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The constantly increasing need for electricity and the limited availability of fossil fuel reserves has induced several countries to import vast quantities of crude oil and gas, impacting the growth of their economies. Moreover, the combustion of fossil fuels also leads to greenhouse gas emissions, which will compel these countries to adopt renewable sources such as solar, wind, and bio-fuels for power generation as they can be quickly deployed as decentralized systems. Renewable resources are inherent in nature. This can be overcome by using renewable technologies in a hybrid form where these systems use energy storage systems to store the additional electricity generated for use whenever there is a shortfall in power production.
APAC is estimated to account for most of the total share of the market by the end of 2023 and also dominate the market over the forecast period. Unreliable grid infrastructures and the presence of several islands drive the need for micro and mini-grids to supply power to both the residential and non-residential sectors. Additionally, the governments of countries such as India and Indonesia are also supporting the adoption of standalone hybrid systems, which will augment the demand for the growth of the next four years. India, China, and other Southeast Asian countries are the major growth contributors for the hybrid power generation systems market in this region.
The worldwide market for Hybrid Power Systems is expected to grow at a CAGR of roughly 5.7% over the next five years, will reach 58000 million US$ in 2023, from 41600 million US$ in 2017, according to a new study.
Market Segment by Manufacturers, this report covers
Emerson
Heliocentris
Shanghai Ghrepower
Siemens
SMA
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Solar-Diesel
Wind-Diesel
Wind-Solar-Diesel
Market Segment by Applications, can be divided into
Residential
Rural Facility Electrification
Non-Residential
Others
There are 15 Chapters to deeply display the global Hybrid Power Systems market.
Chapter 1, to describe Hybrid Power Systems Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Hybrid Power Systems, with sales, revenue, and price of Hybrid Power Systems, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Hybrid Power Systems, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Hybrid Power Systems market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Hybrid Power Systems sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Market Overview
1.1 Hybrid Power Systems Introduction
1.2 Market Analysis by Type
1.2.1 Solar-Diesel
1.2.2 Wind-Diesel
1.2.3 Wind-Solar-Diesel
1.3 Market Analysis by Applications
1.3.1 Residential
1.3.2 Rural Facility Electrification
1.3.3 Non-Residential
1.3.4 Others
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
1.4.1.1 United States Market States and Outlook (2013-2023)
1.4.1.2 Canada Market States and Outlook (2013-2023)
1.4.1.3 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
1.4.2.1 Germany Market States and Outlook (2013-2023)
1.4.2.2 France Market States and Outlook (2013-2023)
1.4.2.3 UK Market States and Outlook (2013-2023)
1.4.2.4 Russia Market States and Outlook (2013-2023)
1.4.2.5 Italy Market States and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.3.1 China Market States and Outlook (2013-2023)
1.4.3.2 Japan Market States and Outlook (2013-2023)
1.4.3.3 Korea Market States and Outlook (2013-2023)
1.4.3.4 India Market States and Outlook (2013-2023)
1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)
1.4.4 South America, Middle East and Africa
1.4.4.1 Brazil Market States and Outlook (2013-2023)
1.4.4.2 Egypt Market States and Outlook (2013-2023)
1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)
1.4.4.4 South Africa Market States and Outlook (2013-2023)
1.4.4.5 Nigeria Market States and Outlook (2013-2023)
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1 Emerson
2.1.1 Business Overview
2.1.2 Hybrid Power Systems Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Emerson Hybrid Power Systems Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.2 Heliocentris
2.2.1 Business Overview
2.2.2 Hybrid Power Systems Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Heliocentris Hybrid Power Systems Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.3 Shanghai Ghrepower
2.3.1 Business Overview
2.3.2 Hybrid Power Systems Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Shanghai Ghrepower Hybrid Power Systems Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.4 Siemens
2.4.1 Business Overview
2.4.2 Hybrid Power Systems Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Siemens Hybrid Power Systems Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
2.5 SMA
2.5.1 Business Overview
2.5.2 Hybrid Power Systems Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 SMA Hybrid Power Systems Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global Hybrid Power Systems Sales, Revenue, Market Share and Competition by Manufacturer (2016-2017)
3.1 Global Hybrid Power Systems Sales and Market Share by Manufacturer (2016-2017)
3.2 Global Hybrid Power Systems Revenue and Market Share by Manufacturer (2016-2017)
3.3 Market Concentration Rate
3.3.1 Top 3 Hybrid Power Systems Manufacturer Market Share in 2017
3.3.2 Top 6 Hybrid Power Systems Manufacturer Market Share in 2017
3.4 Market Competition Trend
4 Global Hybrid Power Systems Market Analysis by Regions
4.1 Global Hybrid Power Systems Sales, Revenue and Market Share by Regions
4.1.1 Global Hybrid Power Systems Sales and Market Share by Regions (2013-2018)
4.1.2 Global Hybrid Power Systems Revenue and Market Share by Regions (2013-2018)
4.2 North America Hybrid Power Systems Sales and Growth Rate (2013-2018)
4.3 Europe Hybrid Power Systems Sales and Growth Rate (2013-2018)
4.4 Asia-Pacific Hybrid Power Systems Sales and Growth Rate (2013-2018)
4.5 South America Hybrid Power Systems Sales and Growth Rate (2013-2018)
4.6 Middle East and Africa Hybrid Power Systems Sales and Growth Rate (2013-2018)
5 North America Hybrid Power Systems by Countries
5.1 North America Hybrid Power Systems Sales, Revenue and Market Share by Countries
5.1.1 North America Hybrid Power Systems Sales and Market Share by Countries (2013-2018)
5.1.2 North America Hybrid Power Systems Revenue and Market Share by Countries (2013-2018)
5.2 United States Hybrid Power Systems Sales and Growth Rate (2013-2018)
5.3 Canada Hybrid Power Systems Sales and Growth Rate (2013-2018)
5.4 Mexico Hybrid Power Systems Sales and Growth Rate (2013-2018)
6 Europe Hybrid Power Systems by Countries
6.1 Europe Hybrid Power Systems Sales, Revenue and Market Share by Countries
6.1.1 Europe Hybrid Power Systems Sales and Market Share by Countries (2013-2018)
6.1.2 Europe Hybrid Power Systems Revenue and Market Share by Countries (2013-2018)
6.2 Germany Hybrid Power Systems Sales and Growth Rate (2013-2018)
6.3 UK Hybrid Power Systems Sales and Growth Rate (2013-2018)
6.4 France Hybrid Power Systems Sales and Growth Rate (2013-2018)
6.5 Russia Hybrid Power Systems Sales and Growth Rate (2013-2018)
6.6 Italy Hybrid Power Systems Sales and Growth Rate (2013-2018)
7 Asia-Pacific Hybrid Power Systems by Countries
7.1 Asia-Pacific Hybrid Power Systems Sales, Revenue and Market Share by Countries
7.1.1 Asia-Pacific Hybrid Power Systems Sales and Market Share by Countries (2013-2018)
7.1.2 Asia-Pacific Hybrid Power Systems Revenue and Market Share by Countries (2013-2018)
7.2 China Hybrid Power Systems Sales and Growth Rate (2013-2018)
7.3 Japan Hybrid Power Systems Sales and Growth Rate (2013-2018)
7.4 Korea Hybrid Power Systems Sales and Growth Rate (2013-2018)
7.5 India Hybrid Power Systems Sales and Growth Rate (2013-2018)
7.6 Southeast Asia Hybrid Power Systems Sales and Growth Rate (2013-2018)
8 South America Hybrid Power Systems by Countries
8.1 South America Hybrid Power Systems Sales, Revenue and Market Share by Countries
8.1.1 South America Hybrid Power Systems Sales and Market Share by Countries (2013-2018)
8.1.2 South America Hybrid Power Systems Revenue and Market Share by Countries (2013-2018)
8.2 Brazil Hybrid Power Systems Sales and Growth Rate (2013-2018)
8.3 Argentina Hybrid Power Systems Sales and Growth Rate (2013-2018)
8.4 Colombia Hybrid Power Systems Sales and Growth Rate (2013-2018)
9 Middle East and Africa Hybrid Power Systems by Countries
9.1 Middle East and Africa Hybrid Power Systems Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa Hybrid Power Systems Sales and Market Share by Countries (2013-2018)
9.1.2 Middle East and Africa Hybrid Power Systems Revenue and Market Share by Countries (2013-2018)
9.2 Saudi Arabia Hybrid Power Systems Sales and Growth Rate (2013-2018)
9.3 UAE Hybrid Power Systems Sales and Growth Rate (2013-2018)
9.4 Egypt Hybrid Power Systems Sales and Growth Rate (2013-2018)
9.5 Nigeria Hybrid Power Systems Sales and Growth Rate (2013-2018)
9.6 South Africa Hybrid Power Systems Sales and Growth Rate (2013-2018)
10 Global Hybrid Power Systems Market Segment by Type
10.1 Global Hybrid Power Systems Sales, Revenue and Market Share by Type (2013-2018)
10.1.1 Global Hybrid Power Systems Sales and Market Share by Type (2013-2018)
10.1.2 Global Hybrid Power Systems Revenue and Market Share by Type (2013-2018)
10.2 Solar-Diesel Sales Growth and Price
10.2.1 Global Solar-Diesel Sales Growth (2013-2018)
10.2.2 Global Solar-Diesel Price (2013-2018)
10.3 Wind-Diesel Sales Growth and Price
10.3.1 Global Wind-Diesel Sales Growth (2013-2018)
10.3.2 Global Wind-Diesel Price (2013-2018)
10.4 Wind-Solar-Diesel Sales Growth and Price
10.4.1 Global Wind-Solar-Diesel Sales Growth (2013-2018)
10.4.2 Global Wind-Solar-Diesel Price (2013-2018)
11 Global Hybrid Power Systems Market Segment by Application
11.1 Global Hybrid Power Systems Sales Market Share by Application (2013-2018)
11.2 Residential Sales Growth (2013-2018)
11.3 Rural Facility Electrification Sales Growth (2013-2018)
11.4 Non-Residential Sales Growth (2013-2018)
11.5 Others Sales Growth (2013-2018)
12 Hybrid Power Systems Market Forecast (2018-2023)
12.1 Global Hybrid Power Systems Sales, Revenue and Growth Rate (2018-2023)
12.2 Hybrid Power Systems Market Forecast by Regions (2018-2023)
12.2.1 North America Hybrid Power Systems Market Forecast (2018-2023)
12.2.2 Europe Hybrid Power Systems Market Forecast (2018-2023)
12.2.3 Asia-Pacific Hybrid Power Systems Market Forecast (2018-2023)
12.2.4 South America Hybrid Power Systems Market Forecast (2018-2023)
12.2.5 Middle East and Africa Hybrid Power Systems Market Forecast (2018-2023)
12.3 Hybrid Power Systems Market Forecast by Type (2018-2023)
12.3.1 Global Hybrid Power Systems Sales Forecast by Type (2018-2023)
12.3.2 Global Hybrid Power Systems Market Share Forecast by Type (2018-2023)
12.4 Hybrid Power Systems Market Forecast by Application (2018-2023)
12.4.1 Global Hybrid Power Systems Sales Forecast by Application (2018-2023)
12.4.2 Global Hybrid Power Systems Market Share Forecast by Application (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.1.3 Marketing Channel Future Trend
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
List of Tables and Figures
Figure Hybrid Power Systems Picture
Table Product Specifications of Hybrid Power Systems
Figure Global Sales Market Share of Hybrid Power Systems by Types in 2017
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