Solar Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast Till 2024

1. Global Solar Generator Market Research Report and Forecast Report Edition: 2019 Copyright © IMARC Service Pvt Ltd. All Rights Reserved © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Solar Generator Market Overview: According to the latest market research report by IMARC Group, titled “Solar Generator Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the global solar generator market reached a value of US$ 391.5 Billion in 2018. Solar generators refer to photovoltaic (PV) systems that produce electricity by converting the photonic energy form sunlight into electricity. They are available in different sizes and capacities, and offer numerous benefits including zero pollution generation and minimal fuel requirement for zero pollution generation and minimal fuel requirement for operations. Apart from this, they help to store energy for future purpose and reduce the usage of non-renewable resources like fossil fuels. These advantages, coupled with the economic nature of solar generators, have resulted in the increasing demand for these systems around the world. Solar Generator Market Trends A solar generator help in sustainable electricity production, the governments in numerous countries are undertaking initiatives to expand their application in both the residential and industrial sectors. Moreover, these has been significant increase in the per capita consumption of, especially in developing economies.

4. Report Description and Highlights Report Description Apart from this, manufactures are investing in research and development activities to introduce new technologies which provide more convenience to consumers. They have also launched portable solar generators that are widely used in automobiles and other rechargeable electronic devices. By 2024, the global solar generator market size is projected to reach US$ 555.5 Billion, expanding at a CAGR of 6% during 2019-2024.

5. Report Description and Highlights Report Description • This has given a boost to the demand for power backup solutions like solar generators in these countries. • Key Market Segmentation: • Market Segmentation by Grid Connectivity • Off-Grid • On-Grid • Based on the grid connectivity, the market has been bifurcated into off-grid and on-grid solar generators. Currently, off-grid solar generators dominate the market, holding the largest share as they are relatively more portable which helps the user at the time of and energy or power outage. • Market Segmentation By End-User • Residential • Commercial • Industrial

6. Report Description and Highlights Report Description • Military • On the basis of the end user, the market has been classified into residential, commercial industrial and military sectors. At present, the residential sector accounts for the majority of the total market share. • Market Segmentation by Region • North America • Europe • Asia Pacific • Latin America • Middle East and Afica • Region-wise, the market has been divided into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Amongst these, North America is the biggest market, holding the majority of the global share. • Competitive Landscape:

7. Report Description and Highlights Report Description • The competitive landscape of the market has also been examined with some of the key players. • Goal Zero • Hollandia • Altern • Jaspak • Sunvis Solar • Biolite • Powerenz • SolMan • SolaRover • SolarLine • Voltaic • For more information, click here: https://www.imarcgroup.com/solar-generator-market

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9. Partial List of Clients • We are the trusted business partners to the world's leading corporates, governments, and institutions A partial List of our Clients

10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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