Hybrid Power Solutions Market – Expected to Reach $1.3 Billion by 2025 – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Hybrid
Power Solutions Market, 2014 – 2025" report has been added to Research
and Markets' offering.

The global hybrid power solutions market is expected to be valued at USD
1.35 billion by 2025, according to a new report. Hybrid power solutions
are increasingly used owing to advantages such as less fuel consumption
and low electrification rates.

Hybrid power solution systems incorporate more than one type of power
source and designed for the generation of centralized electricity grid.
They are used to provide energy to many remote areas in developing
countries such as India. In addition, the system possesses an ability to
offset disadvantages such as fuel flexibility, CO2 emissions, and
reliability. The systems are manufactured to achieve desired attributes
at lower cost and maximum efficiency, which in turn is expected to fuel
the market growth over the forecast period.

Solar-diesel system type was the largest segment in 2016 and valued at
USD 216.1 million. The solar energy and diesel hybrid systems provide
energy by using solar irradiance, which is both free & abundant. These
systems can be used in various industrial applications such as road
lighting and fishing boats. In comparison to gensets systems,
solar-diesel provide numerous advantages as they have the capability to
minimize CO2 emissions and also reduce the risks associated with
increasing fuel prices.

Companies Mentioned

• Siemens AG
• SMA Solar Technology AG
• Danvest Energy A/S
• Alpha Power Solutions
• ZTE Corporation
• Ormat
• AEG Power Solutions
• PFISTERER Holding AG
• Repowering Solutions
• ReGen Powertech

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 Hybrid Power Solutions Market Variables, Trends, and Scope

Chapter 4 Hybrid Power Solutions Market: System Type Estimates & Trend
Analysis

Chapter 5 Hybrid Power Solutions Market: Power Rating Estimates & Trend
Analysis

Chapter 6 Hybrid Power Solutions Market: End-use Estimates & Trend
Analysis

Chapter 7 Hybrid Power Solutions Market: Regional Estimates & Trend
Analysis

Chapter 8 Competitive Landscape

Chapter 9 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/xdsdrv/hybrid_power

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Related
Topics: Renewable
Energy