Thursday, 21 October 2021 05:17 GMT

Smart Solar Market Size By Application: Market Analysis & Forecasts up to 2030

(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Oct 14, 2021, 07:02 /Comserve / -- The global Smart Solar market is segregated on the basis of Application as Residential and Commercial and Industrial.

The Global Smart Solar Market is expected to grow by 2025 at a CAGR of 16.78%.

The global smart solar market over the estimate period. Increasing energy demand including the natural energy resources depletion are anticipated to drive market over the prediction period. so as to regulate and forecast our energy consumption alongside monitor energy requirements, there is an energy management solution obligation within the global market. Information technology and electronics field development is predicted to contribute towards these renewable device developments. These devices are employed by existing solar power solution by attractive their functional capabilities including monitoring and controlling capabilities. Smart solar solution market includes various facilities which are associated with demand response management and smart metering. Additionally, the answer is additionally supportive in efficient energy management and offering innovative energy demand monitoring ways. Smart solar are the enhanced version of traditional solar power systems. Customers concerns associated with non-renewable energy is resulting into augmenting green energy demand especially solar power which successively is predicted to drive market within the coming years. Additionally, technology innovations, positive social factors and electricity tariffs are some factors which are anticipated to positively affect global market growth over the estimate period. The global smart solar market is projected to raise at a healthy rate throughout the forecast period. The increasing investments within the smart energy market and therefore the reduction in solar PV cost are a number of the factors that are expected to fuel the expansion of the market within the near future.

The global  Smart Solar market  is segregated on the basis of Application as Residential and Commercial and Industrial. Based on Service the global Smart Solar market is segmented in Support and Maintenance Services, Demand Response Services, System Integration and Deployment Services, and Consulting Services. Based on Solution the global Smart Solar market is segmented in Analytics, Supervisory Control and Data Acquisition, Remote Metering, Outage Management, Asset Management, Network Monitoring, and Meter Data Management.

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Based on Device, the global Smart Solar market is segmented in RFID, IntelliGrid, and Smart Solar Meters. The report also bifurcates the global Smart Solar market based on Industry Sector in Construction, Education, Agriculture, Government, Utilities, Healthcare, and Others.

The global Smart Solar market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Solar market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Echelon Corporation, Silver Spring Networks Inc, Landis+GYR AG, Sensus USA, Inc, Urban Green Energy International, Geographic Revenue Mix, ABB Group, GE Power, Itron Inc, Schneider Electric, and others are among the major players in the global Smart Solar market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Smart Solar Market has been segmented as below:

Smart Solar Market, By Application

Commercial and Industrial

Smart Solar Market, By Service

Support and Maintenance Services
Demand Response Services
System Integration and Deployment Services
Consulting Services

Smart Solar Market, By Solution

Supervisory Control and Data Acquisition
Remote Metering
Outage Management
Asset Management
Network Monitoring
Meter Data Management

Smart Solar Market, By Device

Smart Solar Meters
AMR Meters
Ami Meters

Smart Solar Market, By Industry Sector


Smart Solar Market, By Region

North America
Rest of the World

Smart Solar Market, By Company

Echelon Corporation
Silver Spring Networks Inc
Landis+GYR AG
Sensus USA, Inc
Urban Green Energy International
Geographic Revenue Mix
ABB Group
GE Power
Itron Inc
Schneider Electric

The report covers:

Global Smart Solar market sizes from 2020 to 2025, along with CAGR for 2020-2025
Market size comparison for 2019 vs 2025, with actual data for 2019, estimates for 2020 and forecast from 2020 to 2025
Global Smart Solar market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Smart Solar market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players

Report Scope:

The global Smart Solar market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Solar market share. Major industry players with significant revenue share include Echelon Corporation, Silver Spring Networks Inc, Landis+GYR AG, Sensus USA, Inc, Urban Green Energy International, Geographic Revenue Mix, ABB Group, GE Power, Itron Inc, Schneider Electric, and others.

Reasons to Buy this Report:

Gain detailed insights on the Smart Solar industry trends
Find complete analysis on the market status
Identify the Smart Solar market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making.

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.


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