North America Smart Solar Market Forecast 2017-2025
KEY FINDINGS The North America smart solar market is expected to grow $9571 million by 2025. The North America smart solar market growth is expected at the CAGR of 16% in the forecast period. The base year considered for the smart solar market study is 2016. Quick growth in the solar energy utilization, increase in the electricity charges and the concept of green and smart cities adoption are the key drivers in the North America smart solar market.
MARKET INSIGHTS The North America smart solar market is segmented on the basis of application, device and services, industry sector, solutions, and geography. The North America smart solar market by application is further segmented into commercial and industrial and domestic. The market by the device is classified into intelligrid, smart solar meters. The service market is classified into system integration and deployment services, support and maintenance services, consulting services and demand response services. The market by industry sector is divided into utilities, government, agriculture, healthcare, education and others. The market by the solution is further bifurcated into supervisory control and data acquisition, network monitoring, analytics, remote metering, meter data management and outage management. The market by geography is bifurcated into United States and Canada. Compliance with regulation is the factor responsible for the growth of the smart solar market in North America region.
COMPETITIVE INSIGHTS The major companies that are mentioned in the smart solar market report are ABB, First Solar, ItronInc, Schneider Electric, Sensus USA Inc, Siemens, Solarcity, SunPower, Sunnova, Vivint Solar, Echelon, GE Power, Landis+gyr AG, Silver Spring Networks Inc, and Urban Green Energy (UGE) International.