A solar generator is a solar-based photovoltaic (PV) system that converts the photonic energy from sunlight into electricity. This generator is economical as it requires minimal operational cost and can store energy without needing to be warmed up. The rising power shortage globally and the demand for backup power will continue to drive the growth of this market. Solar generators can be both portable and stationery and available in various sizes and capacities ranging from 0.2KW to 20KW, depending on the need. They require no fuel and generate no pollution. They can be used to provide power in remote and isolated areas with no or limited grid connectivity.
Technavio’s analysts forecast the global solar generator market to grow at a CAGR of 8.32% in terms of revenue over the period 2014-2019.
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Covered in this report
The report covers the current scenario and the growth prospects of the global solar generator market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through the sale of solar generators.
Technavio’s report, Global Solar Generator Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global solar generator market and its growth prospects in the coming years. The report includes a discussion of the Key vendorsoperating in this market.
Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
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