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Global Hybrid Solar System Market Research Report 2024
Synopsis
A hybrid solar system is a renewable energy system that is grid-tied and includes battery storage. The system uses solar panels to produce energy during the day, while the batteries store excess energy for use later at night when there is no sunlight.
Global Hybrid Solar System market is projected to reach US$ 751 million in 2029, increasing from US$ 520 million in 2022, with the CAGR of 4.4% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Hybrid Solar System market research.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.274 GW.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Hybrid Solar System market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
ALLSOLAR
Anern Industry Group Limited
Delairco Japan
Eaton
Endef
Iberdrola
KENBROOK SOLAR
Panasonic Corporation
Powercom
Schneider Electric
Sharp Electronics
Sinetech
SunEdison Infrastructure
World Solar
Segment by Type
1-3KW
3-5KW
Above 5KW
Segment by Application
Residential
Commercial
Industrial
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Hybrid Solar System report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
A hybrid solar system is a renewable energy system that is grid-tied and includes battery storage. The system uses solar panels to produce energy during the day, while the batteries store excess energy for use later at night when there is no sunlight.
Global Hybrid Solar System market is projected to reach US$ 751 million in 2029, increasing from US$ 520 million in 2022, with the CAGR of 4.4% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Hybrid Solar System market research.
It is expected that global demand for photovoltaic products will remain high in the next few years. According to our PV & Solar Research Center, by the end of 2022, the global cumulative installed photovoltaic power generation capacity is about 1180 GW. According to the data of China Photovoltaic Industry Association, the global newly installed photovoltaic capacity in 2022 is about 230 GW, and this number in 2023 is predicted to be 280-330 GW. According to the data of the Ministry of Industry and Information Technology, the total output value of China's photovoltaic industry exceeded 1.4 trillion yuan in 2022. From the perspective of production value, mainland China is still the global center of the PV industry. According to the International Energy Agency, China market share in all key products of the supply chain have exceeded 80%. Among them, the production capacity of silicon wafers, solar cells, and components accounts for as high as 98%, 85% and 77%, respectively. According to the data released by the European Photovoltaic Association, 27 EU countries gained a new PV installed capacity of 41.4 GW in 2022. According to the report of the US Solar Energy Industries Association (SEIA), the US held a new PV installed capacity of less than 19 GW in 2022. But it is estimated that from 2023, the average annual growth rate of new photovoltaic installed capacity will exceed 21%. In terms of Japan, based on data from Fitch and the US Energy Information Administration (EIA), in 2022, Japan's newly installed photovoltaic capacity was 3.274 GW.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Hybrid Solar System market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
ALLSOLAR
Anern Industry Group Limited
Delairco Japan
Eaton
Endef
Iberdrola
KENBROOK SOLAR
Panasonic Corporation
Powercom
Schneider Electric
Sharp Electronics
Sinetech
SunEdison Infrastructure
World Solar
Segment by Type
1-3KW
3-5KW
Above 5KW
Segment by Application
Residential
Commercial
Industrial
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Hybrid Solar System report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Hybrid Solar System Market Overview
1.1 Product Definition
1.2 Hybrid Solar System Segment by Type
1.2.1 Global Hybrid Solar System Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 1-3KW
1.2.3 3-5KW
1.2.4 Above 5KW
1.3 Hybrid Solar System Segment by Application
1.3.1 Global Hybrid Solar System Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 Residential
1.3.3 Commercial
1.3.4 Industrial
1.4 Global Market Growth Prospects
1.4.1 Global Hybrid Solar System Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Hybrid Solar System Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Hybrid Solar System Production Estimates and Forecasts (2018-2029)
1.4.4 Global Hybrid Solar System Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Hybrid Solar System Production Market Share by Manufacturers (2018-2023)
2.2 Global Hybrid Solar System Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Hybrid Solar System, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Hybrid Solar System Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Hybrid Solar System Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Hybrid Solar System, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Hybrid Solar System, Product Offered and Application
2.8 Global Key Manufacturers of Hybrid Solar System, Date of Enter into This Industry
2.9 Hybrid Solar System Market Competitive Situation and Trends
2.9.1 Hybrid Solar System Market Concentration Rate
2.9.2 Global 5 and 10 Largest Hybrid Solar System Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Hybrid Solar System Production by Region
3.1 Global Hybrid Solar System Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Hybrid Solar System Production Value by Region (2018-2029)
3.2.1 Global Hybrid Solar System Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Hybrid Solar System by Region (2024-2029)
3.3 Global Hybrid Solar System Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Hybrid Solar System Production by Region (2018-2029)
3.4.1 Global Hybrid Solar System Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Hybrid Solar System by Region (2024-2029)
3.5 Global Hybrid Solar System Market Price Analysis by Region (2018-2023)
3.6 Global Hybrid Solar System Production and Value, Year-over-Year Growth
3.6.1 North America Hybrid Solar System Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Hybrid Solar System Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Hybrid Solar System Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Hybrid Solar System Production Value Estimates and Forecasts (2018-2029)
4 Hybrid Solar System Consumption by Region
4.1 Global Hybrid Solar System Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Hybrid Solar System Consumption by Region (2018-2029)
4.2.1 Global Hybrid Solar System Consumption by Region (2018-2023)
4.2.2 Global Hybrid Solar System Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Hybrid Solar System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Hybrid Solar System Consumption by Country (2018-2029)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Hybrid Solar System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Hybrid Solar System Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Hybrid Solar System Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Hybrid Solar System Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Hybrid Solar System Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Hybrid Solar System Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Hybrid Solar System Production by Type (2018-2029)
5.1.1 Global Hybrid Solar System Production by Type (2018-2023)
5.1.2 Global Hybrid Solar System Production by Type (2024-2029)
5.1.3 Global Hybrid Solar System Production Market Share by Type (2018-2029)
5.2 Global Hybrid Solar System Production Value by Type (2018-2029)
5.2.1 Global Hybrid Solar System Production Value by Type (2018-2023)
5.2.2 Global Hybrid Solar System Production Value by Type (2024-2029)
5.2.3 Global Hybrid Solar System Production Value Market Share by Type (2018-2029)
5.3 Global Hybrid Solar System Price by Type (2018-2029)
6 Segment by Application
6.1 Global Hybrid Solar System Production by Application (2018-2029)
6.1.1 Global Hybrid Solar System Production by Application (2018-2023)
6.1.2 Global Hybrid Solar System Production by Application (2024-2029)
6.1.3 Global Hybrid Solar System Production Market Share by Application (2018-2029)
6.2 Global Hybrid Solar System Production Value by Application (2018-2029)
6.2.1 Global Hybrid Solar System Production Value by Application (2018-2023)
6.2.2 Global Hybrid Solar System Production Value by Application (2024-2029)
6.2.3 Global Hybrid Solar System Production Value Market Share by Application (2018-2029)
6.3 Global Hybrid Solar System Price by Application (2018-2029)
7 Key Companies Profiled
7.1 ALLSOLAR
7.1.1 ALLSOLAR Hybrid Solar System Corporation Information
7.1.2 ALLSOLAR Hybrid Solar System Product Portfolio
7.1.3 ALLSOLAR Hybrid Solar System Production, Value, Price and Gross Margin (2018-2023)
7.1.4 ALLSOLAR Main Business and Markets Served
7.1.5 ALLSOLAR Recent Developments/Updates
7.2 Anern Industry Group Limited
7.2.1 Anern Industry Group Limited Hybrid Solar System Corporation Information
7.2.2 Anern Industry Group Limited Hybrid Solar System Product Portfolio
7.2.3 Anern Industry Group Limited Hybrid Solar System Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Anern Industry Group Limited Main Business and Markets Served
7.2.5 Anern Industry Group Limited Recent Developments/Updates
7.3 Delairco Japan
7.3.1 Delairco Japan Hybrid Solar System Corporation Information
7.3.2 Delairco Japan Hybrid Solar System Product Portfolio
7.3.3 Delairco Japan Hybrid Solar System Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Delairco Japan Main Business and Markets Served
7.3.5 Delairco Japan Recent Developments/Updates
7.4 Eaton
7.4.1 Eaton Hybrid Solar System Corporation Information
7.4.2 Eaton Hybrid Solar System Product Portfolio
7.4.3 Eaton Hybrid Solar System Production, Value, Price and Gross Margin (2018-2023)
7.4.4 Eaton Main Business and Markets Served
7.4.5 Eaton Recent Developments/Updates
7.5 Endef
7.5.1 Endef Hybrid Solar System Corporation Information
7.5.2 Endef Hybrid Solar System Product Portfolio
7.5.3 Endef Hybrid Solar System Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Endef Main Business and Markets Served
7.5.5 Endef Recent Developments/Updates
7.6 Iberdrola
7.6.1 Iberdrola Hybrid Solar System Corporation Information
7.6.2 Iberdrola Hybrid Solar System Product Portfolio
7.6.3 Iberdrola Hybrid Solar System Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Iberdrola Main Business and Markets Served
7.6.5 Iberdrola Recent Developments/Updates
7.7 KENBROOK SOLAR
7.7.1 KENBROOK SOLAR Hybrid Solar System Corporation Information
7.7.2 KENBROOK SOLAR Hybrid Solar System Product Portfolio
7.7.3 KENBROOK SOLAR Hybrid Solar System Production, Value, Price and Gross Margin (2018-2023)
7.7.4 KENBROOK SOLAR Main Business and Markets Served
7.7.5 KENBROOK SOLAR Recent Developments/Updates
7.8 Panasonic Corporation
7.8.1 Panasonic Corporation Hybrid Solar System Corporation Information
7.8.2 Panasonic Corporation Hybrid Solar System Product Portfolio
7.8.3 Panasonic Corporation Hybrid Solar System Production, Value, Price and Gross Margin (2018-2023)
7.8.4 Panasonic Corporation Main Business and Markets Served
7.7.5 Panasonic Corporation Recent Developments/Updates
7.9 Powercom
7.9.1 Powercom Hybrid Solar System Corporation Information
7.9.2 Powercom Hybrid Solar System Product Portfolio
7.9.3 Powercom Hybrid Solar System Production, Value, Price and Gross Margin (2018-2023)
7.9.4 Powercom Main Business and Markets Served
7.9.5 Powercom Recent Developments/Updates
7.10 Schneider Electric
7.10.1 Schneider Electric Hybrid Solar System Corporation Information
7.10.2 Schneider Electric Hybrid Solar System Product Portfolio
7.10.3 Schneider Electric Hybrid Solar System Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Schneider Electric Main Business and Markets Served
7.10.5 Schneider Electric Recent Developments/Updates
7.11 Sharp Electronics
7.11.1 Sharp Electronics Hybrid Solar System Corporation Information
7.11.2 Sharp Electronics Hybrid Solar System Product Portfolio
7.11.3 Sharp Electronics Hybrid Solar System Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Sharp Electronics Main Business and Markets Served
7.11.5 Sharp Electronics Recent Developments/Updates
7.12 Sinetech
7.12.1 Sinetech Hybrid Solar System Corporation Information
7.12.2 Sinetech Hybrid Solar System Product Portfolio
7.12.3 Sinetech Hybrid Solar System Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Sinetech Main Business and Markets Served
7.12.5 Sinetech Recent Developments/Updates
7.13 SunEdison Infrastructure
7.13.1 SunEdison Infrastructure Hybrid Solar System Corporation Information
7.13.2 SunEdison Infrastructure Hybrid Solar System Product Portfolio
7.13.3 SunEdison Infrastructure Hybrid Solar System Production, Value, Price and Gross Margin (2018-2023)
7.13.4 SunEdison Infrastructure Main Business and Markets Served
7.13.5 SunEdison Infrastructure Recent Developments/Updates
7.14 World Solar
7.14.1 World Solar Hybrid Solar System Corporation Information
7.14.2 World Solar Hybrid Solar System Product Portfolio
7.14.3 World Solar Hybrid Solar System Production, Value, Price and Gross Margin (2018-2023)
7.14.4 World Solar Main Business and Markets Served
7.14.5 World Solar Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Hybrid Solar System Industry Chain Analysis
8.2 Hybrid Solar System Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Hybrid Solar System Production Mode & Process
8.4 Hybrid Solar System Sales and Marketing
8.4.1 Hybrid Solar System Sales Channels
8.4.2 Hybrid Solar System Distributors
8.5 Hybrid Solar System Customers
9 Hybrid Solar System Market Dynamics
9.1 Hybrid Solar System Industry Trends
9.2 Hybrid Solar System Market Drivers
9.3 Hybrid Solar System Market Challenges
9.4 Hybrid Solar System Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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