Global Hybrid Solar Wind Systems Market Size & Outlook
Global hybrid solar wind systems market, 2016-2027 (US$M)
Related Markets
Global hybrid solar wind systems market highlights
- The global hybrid solar wind systems market generated a revenue of USD 855.9 million in 2018 and is expected to reach USD 1,610.9 million by 2027.
- The market is expected to grow at a CAGR (2019 - 2027) of 7.3% by 2027.
- In terms of segment, stand-alone system accounted for a revenue of USD 538.7 million in 2018.
- On-Grid System is the most lucrative connectivity segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2018.
- Country-wise, Canada is expected to register the highest CAGR from 2019 to 2027.
Global data book summary
| Market revenue in 2018 | USD 855.9 million |
| Market revenue in 2027 | USD 1,610.9 million |
| Growth rate | 7.3% (CAGR from 2018 to 2027) |
| Largest segment | Stand-alone system |
| Fastest growing segment | On-Grid System |
| Historical data covered | 2016 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-Grid System, Stand-Alone System |
Other key industry trends
- In terms of revenue, the North America accounted for 22.4% of the global hybrid solar wind systems market in 2018.
- By country, the China is projected to lead the global market in terms of revenue in 2027.
- By country, Canada is the fastest growing regional market and is projected to reach USD 83.8 million by 2027.
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Hybrid Solar Wind Systems Market Scope
Hybrid Solar Wind Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global hybrid solar wind systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hybrid solar wind systems market will help companies and investors design strategic landscapes.
Stand-alone system was the largest segment with a revenue share of 62.94% in 2018. Horizon Databook has segmented the Global hybrid solar wind systems market based on on-grid system, stand-alone system covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Hybrid Solar Wind Systems Connectivity Outlook (Revenue, USD Million, 2016-2027)
- On-Grid System
- Stand-Alone System
- Global Hybrid Solar Wind Systems End-Use Outlook (Revenue, USD Million, 2016-2027)
- Residential
- Commercial
- Industrial
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Horizon Databook provides a detailed overview of global-level data and insights on the Global hybrid solar wind systems market , including forecasts for subscribers. This global databook contains high-level insights into Global hybrid solar wind systems market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global hybrid solar wind systems market size, by regions, 2016-2027 (US$M)
Top 10 countries: Hybrid solar wind systems market size, 2018 (US$M)
Global hybrid solar wind systems market share, by connectivity, 2018 & 2027 (%, US$M)
Hybrid solar wind systems market: Opportunity assessment by country
Global hybrid solar wind systems market, by region, 2018 (US$M)
Related regional statistics
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