DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/66hrkj/global_solar) has announced the addition of the "Global Solar Generator Market 2015-2019- Market Analysis" report to their offering.
The global solar generator market to grow at a CAGR of 8.32% in terms of revenue over the period 2014-2019.
The report, Global Solar Generator Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global solar generator market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
The global solar generator market is likely to witness technological advances that will improve the efficiency and quality of solar generators. Manufacturers are making developments in battery life, quality, and value-added features and designs of solar generators, which address the needs of base of pyramid (BOP) off-grid consumers.
According to the report, rising industrial development and growing population have increased the global demand for power. In developing countries, the imbalance between demand and supply of energy has led to power outages, which has propelled the demand for solar generators. These generators can be used in an off-grid situation, where there is no access to power source. They use the battery bank to store the energy to use when there is a power outage or any other emergency and are beneficial for users with restricted or limited grid connectivity.
Further, the report states that solar generators have high initial installation cost compared to conventional generators. Hence, manufacturers have not achieved economies of scale.
- Goal Zero
- Hollandia Power Solutions
- Solar Stik
- Sunvis Solar
Other prominent vendors
- Bio Lite
- Voltaic Systems
For more information visit http://www.researchandmarkets.com/research/66hrkj/global_solar