India Hybrid Solar Wind Systems Market Size & Outlook
India hybrid solar wind systems market, 2016-2027 (US$M)
Related Markets
India hybrid solar wind systems market highlights
- The India hybrid solar wind systems market generated a revenue of USD 50.8 million in 2018 and is expected to reach USD 132.1 million by 2027.
- The India market is expected to grow at a CAGR of 11.2% from 2019 to 2027.
- In terms of segment, stand-alone system was the largest revenue generating connectivity in 2018.
- On-Grid System is the most lucrative connectivity segment registering the fastest growth during the forecast period.
Hybrid solar wind systems market data book summary
| Market revenue in 2018 | USD 50.8 million |
| Market revenue in 2027 | USD 132.1 million |
| Growth rate | 11.2% (CAGR from 2018 to 2027) |
| Largest segment | Stand-alone system |
| Fastest growing segment | On-Grid System |
| Historical data | 2016 - 2017 |
| Base year | 2018 |
| Forecast period | 2019 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On-Grid System, Stand-Alone System |
| Key market players worldwide | Siemens Energy AG ADR, Polar Power Inc, Blue Pacific Solar, Regen Powertech, Supernova Technology, Alternate Energy Company |
Other key industry trends
- In terms of revenue, India accounted for 5.9% of the global hybrid solar wind systems market in 2018.
- Country-wise, China is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China hybrid solar wind systems market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 132.1 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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India 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 60.24% in 2018. Horizon Databook has segmented the India 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.
- India Hybrid Solar Wind Systems Connectivity Outlook (Revenue, USD Million, 2016-2027)
- On-Grid System
- Stand-Alone System
- India 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 country-level data and insights on the India hybrid solar wind systems market , including forecasts for subscribers. This country databook contains high-level insights into India hybrid solar wind systems market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
India hybrid solar wind systems market size, by connectivity, 2016-2027 (US$M)
India Hybrid Solar Wind Systems Market Outlook Share, 2018 & 2027 (US$M)
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