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Global Solar Diesel Hybrid Power Systems Market 2016-2020

Global Solar Diesel Hybrid Power Systems Market 2016-2020

About the Solar Diesel Hybrid Power Systems Market

Off-grid power generation systems are typically used when there is a lack of capital constraints or the geographical landscape makes it difficult to have a grid connection. Conventionally, the off-grid area is powered using fossil fuel generators, but environmental concerns and its sustainability in terms of cost, in the long run, has created the need for alternate solutions. A hybrid system that is a combination of two or more power sources such as renewables and diesel generators is an attractive option. The system harnesses the abundance of renewable sources that are freely available to generate electricity, and when combined with a diesel generator, it displaces the fuel consumption. Thus, it reduces the cost and the emission related to diesel power generation. The hybrid system can also be combined with other technologies such as battery storage to improve its effectiveness.

Technavio’s analysts forecast the global solar diesel hybrid power systems market to grow at a CAGR of 6.89% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global solar diesel hybrid power systems market for 2016-2020. The revenue calculation is based on the end-users that use solar diesel hybrid systems. The end-users include:

  • Residences
  • Hotels and resorts
  • Hospitals
  • Telecom
  • Industries
  • Mining
  • Utilities/IIP's
  • Offices and warehouses
The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
Technavio's report, Global Solar Diesel Hybrid Power Systems 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.

Key vendors
  • Belectric
  • Schneider Electric
  • Siemens
  • SMA
Other prominent vendors
  • Danvest
  • Electro power systems
  • Elgris power
  • Heliocentris
  • OutBack Power
  • Solgen
Market driver
  • Application in remote locations
  • For a full, detailed list, view our report
Market challenge
  • High cost of installation
  • For a full, detailed list, view our report
Market trend
  • Increased popularity of portable power systems
  • 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Solar Diesel Hybrid Power Systems Market 2016-2020

Technavio recognizes the following companies as the key players in the global solar diesel hybrid power systems market: Belectric, Schneider Electric, Siemens, and SMA.

Other Prominent Vendors in the market are: Danvest, Electro power systems, Elgris power, Heliocentris, Outback Power, and Solgen.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is propelling market growth is the increased popularity of portable power systems. In developed countries, there is an increasing need for reducing the dependency on fossil fuel, cutting down emissions, and the need to make individual power system less volatile to global oil prices. The scenario in developing countries is different; these countries are investing in various off-grid power sources to provide immediate power access to ensure smooth functioning of industries and the economy. Since renewable technologies have been seeing a continuous decrease in price as well as the reduction of battery energy storage costs, the use of renewable based on grid power systems has increased in both developing and developed countries.”

According to the report, a key growth driver is application in remote locations. Using diesel generators as a core power system or as backup systems is common in remote areas where access to the grid power is unreliable or non-existent. The cost per kWh of electricity generated is dependent on the cost of diesel and the maintenance. However, over the years, the cost of diesel has increased, which in turn has increased the cost of power generation, driving the need for alternate power systems. The price of solar systems has fallen over the years, enabling remote communities and sites to combine renewable power with existing systems to reduce costs.

Further, the report states that one challenge that could impact market growth is the high cost of installing units.

Companies Mentioned

Belectric, Schneider Electric, Siemens, SMA, Danvest, Electro power systems, Elgris power, Heliocentris, Outback Power, Solgen.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Hybrid system operation during the day
      • Table Hybrid system operation during the night
      • Table Hybrid system operation during a shortfall
  • Market landscape
    • Market overview
      • Table Market overview
    • Market size and forecast
      • Table Global solar diesel hybrid power systems market 2015-2020 ($ billions)
      • Table Typical PV penetration by system type
      • Table Components of a typical solar PV system
      • Table Typical cost structure of a solar PV diesel hybrid system
      • Table Suitability classes of solar irradiation according to technology (PV and CSP)
      • Table Areas associated with different suitability class for solar PV (Africa)
      • Table Diesel generator end-user segment and its feasibility for hybrid use
      • Table Diesel engine orders based on end use services 2011-2014 (no. of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-user
    • Global solar diesel hybrid power systems market by end user 2015
      • Table Global solar diesel hybrid power systems market by end-user 2015
    • Global solar diesel hybrid power systems market by end user 2020
      • Table Global solar diesel hybrid power systems market by end-user 2020
    • Global solar diesel hybrid power systems market by end-user 2015-2020
      • Table Global solar diesel hybrid power systems market by end-user 2015-2020
    • Global solar diesel hybrid power systems market uses in utility sector
      • Table Global solar diesel hybrid power systems market in utility sector ($ millions)
      • Table List of utility-scale solar diesel hybrid mini-grid in Australia
    • Global solar diesel hybrid power systems market uses in non-residential sector
      • Table Global solar diesel hybrid power systems market in non-residential sector ($millions)
      • Table Energy provided during daytime
    • Global solar diesel hybrid power systems market uses in residential sector
      • Table Global solar diesel hybrid power systems market in residential sector ($ millions)
      • Table PV module cost 2010-2013 (USD/watt)
      • Table Schematic view of a solar PV diesel hybrid system for rural electrification/mini grid
  • Geographical segmentation
    • Global solar diesel hybrid power systems market by geography 2015
      • Table Global solar diesel hybrid power systems market by geography 2015
    • Global solar diesel hybrid power systems market by geography 2020
      • Table Global solar diesel hybrid power systems market by geography 2020
    • Global solar diesel hybrid power systems market by geography 2015-2020
      • Table Global solar diesel hybrid power systems market by geography 2015-2020
    • Solar diesel hybrid power systems market in APAC
      • Table Solar diesel hybrid power systems market in APAC ($ millions)
    • Solar diesel hybrid power systems market in EMEA
      • Table Solar diesel hybrid power systems market in EMEA ($ millions)
    • Solar diesel hybrid power systems market in Americas
      • Table Solar diesel hybrid power systems market in Americas ($ millions)
  • Market drivers
    • Table Power generation pattern by 1 kW solar module in a day
    • Table Intermittency and its impact on the power systems
    • Table Energy source and their emissions
    • Table Status of mini grid and off grid systems 2012/2013
    • Table Comparison of GHG emission between a hybrid and a diesel generator system
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Cost structure of a medium and large hybrid systems
    • Table Global pump price for diesel fuel 2004-2014 ($ per liter)
    • Table Simulation of a 60kw solar diesel hybrid system with total accumulated cost for 15 years
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Global electrification rate
  • Vendor landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Belectric
      • Table Belectric: Solar hybrid power systems product portfolio
    • Schneider Electric
      • Table Schneider Electric: Business segmentation by revenue 2015
      • Table Product portfolio
    • Siemens
      • Table Siemens: Business segmentation by revenue 2015
      • Table Siemens: Product portfolio
    • SMA
      • Table Business segmentation
      • Table SMA: Business segmentation by revenue 2015
      • Table SMA: Geographical segmentation by revenue 2015
      • Table SMA: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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