Research and Markets: Global Smart Solar (Solutions, Components and Reporting) Market 2014-2018: Increase in Solar Energy Consumption

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/79jqxw/global_smart) has announced the addition of the "Global Smart Solar Market 2014-2018" report to their offering.

The Global Smart Solar market to grow at a CAGR of 18.4% over the period 2013-2018

Smart solar is the advancement in the existing solar energy technology system. This technology provides enhanced integration, support, communication, distribution, monitoring, and planning capabilities in the energy delivery systems. The introduction of such enhanced technologies in components and services has led to an increase in the demand for smart solar systems.

One major trend emerging in the market is the increase in demand for solutions and services. The market players are investing a huge amount of funds to provide integrated smart solar solutions. Most of the vendors are focusing on providing complete solutions for smart solar energy generation; that is, from components to services. In addition, the increase in demand for energy necessitates the need for energy management solutions and demand response services integrated with the installations.

According to the report, one of the main drivers in this market is the rising solar energy consumption. As a result of increased solar energy consumption, governments across the countries are shifting their focus to smart solar technology to increase their overall energy production.

Further, the report states that one of the major challenges confronting the market is the long-term bankability of smart solar projects. The initial investment in smart solar technology is high, and returns are not assured because of planning errors, installation defects, and reduction in output efficiency.

Key Vendors

• ABB
• ECHELON
• First Solar
• GE Energy
• Schneider Electric
• Siemens
• SunPower

Key Topics Covered:

1. Executive Summary
2. List of Abbreviations
3. Scope of the Report
4. Market Research Methodology
5. Introduction
6. Market Landscape
7. Market Segmentation by Type
8. Geographical Segmentation
9. Key Leading Countries
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/79jqxw/global_smart