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Industrial Solar Generator Market by Type, and Geography - Forecast and Analysis 2022-2026

  • Published: Oct 2022
  • Pages: 123
  • SKU: IRTNTR74687
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The Industrial Solar Generator Market is projected to grow by USD 240.13 million with a CAGR of 17.12% during the forecast period 2021 to 2026.

This industrial solar generator market research report provides valuable insights into the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the industrial solar generator market segmentation by type (below 40kwh, 40-80 kWh, 80-150 kWh, and over 150 kWh) and geography (APAC, Europe, North America, South America, and the Middle East and Africa). The industrial solar generator market report also offers information on several market vendors, including Ameresco Inc., Carnegie Clean Energy Ltd, Ecosphere Technologies Inc, Enviroearth, GSOL Energy AS, HCI Energy Inc., Intech GmbH & Co. KG, JA Solar Technology Co. Ltd., Jakson Group, Kirchner Solar Group GmbH, Longi Green Energy Technology Co. Ltd, MVV Energie AG, Off Grid Europe GmbH, Photon Energy Ltd, REDAVIA GmbH, Reliance Industries Ltd., Shanghai Aiko Solar Energy Co Ltd, Silicon CPV Ltd, Tongwei Group Co. Ltd, and Xando Energy LLC among others.

What will the Industrial Solar Generator Market Size be During the Forecast Period?

Industrial Solar Generator Market Size

Download Report Sample to Unlock the Industrial Solar Generator Market Size for the Forecast Period and Other Important Statistics

 

Industrial Solar Generator Market: Key Drivers, Trends, and Challenges

Our researcher studied the historical data for years, with 2021 as the base year and 2022 as the estimated year, and produced drivers, trends, and challenges for the global industrial solar generator market. During the COVID-19 pandemic, the demand in the industrial solar generator market has been impacted significantly, but a holistic analysis of drivers will help in estimating exact demands and refining marketing strategies to gain a competitive advantage.

Key Industrial Solar Generator Market Driver

The declining cost of solar generation (PV) panels is a key factor driving the global industrial solar generator market growth. In the past decade, the cost of solar generation panels has declined by over 90% and is expected to reach $0.45 per watt (W) by 2030. In 2011, the Solar Energy Technologies Office (SETO) of the US Depart of Energy (DOE) launched the SunShot Initiative to reduce the cost of solar PV panels, thus boosting solar electricity adoption. Furthermore, with the declining costs of solar generator panels due to government initiatives and subsidies and the competitive bidding process, there has been a significant increase in solar generator panels installations globally. Coupled with the demand for clean and sustainable energy, the demand for industrial solar generator panels is expected to grow further during the forecast period, particularly in countries such as the US, China, and India. Such factors will drive the industrial solar generator market during the forecast period.

Key Industrial Solar Generator Market Trend

The increasing adoption of microgrids will fuel the global industrial solar generator market growth. A microgrid is a small-scale power grid that has its own generation and storage resources and definable boundaries. Microgrids can operate independently or collaboratively with other small power grids. If the microgrid is integrated with the main power grid, it is referred to as a hybrid microgrid. A microgrid can connect and disconnect from the power grid to operate in grid-connected and island modes. A microgrid can shift to island mode when there is an outage in the main power grid or if the system is disconnected from the main grid. Power grids are not always stable in some areas; there are frequent power outages due to relatively unstable power grids, as power outages on critical manufacturing lines negatively impact the work-in-process, further impacting operational costs. Microgrids play a crucial role in preventing outages. The adoption of microgrids is driving the global industrial solar generator market. Multiple microgrid projects are also planned in the US and China to upgrade industrial bases. Such projects are expected to drive the global industrial solar generator market during the forecast period.

Key Industrial Solar Generator Market Challenge

The intermittent nature of solar power is the major challenge to the global industrial solar generator market growth. Renewable energy source like solar is abundantly available and can fulfill electricity needs without posing any risk to the environment. However, utilizing these clean energy sources is not easy due to certain reasons. One of the major reasons is the intermittent nature of solar energy. Intermittency is a common constraint associated with power generation from renewable sources. The intermittent nature of these sources is due to several factors, such as the change in weather conditions, geographical location, and the time of the day. This affects the overall output and availability and leads to disruptions that are difficult to overcome as they are beyond the control of the operators. High dependence on intermittent sources of power generation increases the risk of grid instability. This negatively impacts industrial productivity as the industrial sector requires a continuous and stable supply of power. The intermittency of solar power affects the adoption of industrial solar generation, which is expected to hinder the growth of the global industrial solar generator market during the forecast period.

This industrial solar generator market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

The global industrial solar generator market is a part of the global renewable electricity market within the global utilities market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the industrial solar generator market during the forecast period.

Who are the Major Industrial Solar Generator Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • Ameresco Inc.
  • Carnegie Clean Energy Ltd
  • Ecosphere Technologies Inc
  • Enviroearth
  • GSOL Energy AS
  • HCI Energy Inc.
  • Intech GmbH & Co. KG
  • JA Solar Technology Co. Ltd.
  • Jakson Group
  • Kirchner Solar Group GmbH
  • Longi Green Energy Technology Co. Ltd
  • MVV Energie AG
  • Off Grid Europe GmbH
  • Photon Energy Ltd
  • REDAVIA GmbH
  • Reliance Industries Ltd.
  • Shanghai Aiko Solar Energy Co Ltd
  • Silicon CPV Ltd
  • Tongwei Group Co. Ltd
  • Xando Energy LLC

This statistical study of the industrial solar generator market encompasses successful business strategies deployed by the key vendors. The industrial solar generator market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • carnegiece.com - The company offers solar generators such as PV generators.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The industrial solar generator market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Industrial Solar Generator Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain and parent market of the industrial solar generator market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also the optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

The value chain of the global utilities market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Outbound logistics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Industrial Solar Generator Market?

Industrial Solar Generator Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

56% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for the industrial solar generator market in APAC. Market growth in this region will be slower than the growth of the market in other regions.

The declining cost of solar generator panels will facilitate the industrial solar generator market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID-19 Impact and Recovery Analysis

Owing to the COVID-19 pandemic, most of the operations associated with solar plants came to a halt, or construction activities in plants were suspended during the first half of 2020. In addition, the construction of new solar PV manufacturing plants across the region was temporarily put on hold. All these factors reduced the demand for industrial solar generators in 2020. This resulted in a steep decline in industrial solar installed capacity growth in 2020. However, in 2021, after the implementation of vaccination drives and following the country's economic recovery from the impact of the COVID-19 pandemic, China installed around 29 GW of solar capacity during the fourth quarter of 2020. Therefore, owing to the significant growth in solar capacity additions across China and other countries in the region, including industrial solar projects, the regional industrial solar generator market is expected to grow moderately during the forecast period.

What are the Revenue-generating Type Segments in the Industrial Solar Generator Market?

Industrial Solar Generator Market Share

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The industrial solar generator market share growth in the below 40 kWh segment will be significant during the forecast period. The below 40 kWh segment accounted for the largest share of the global industrial solar generator market in 2022. This type of solar generator is well-equipped to handle fluctuating small loads effectively and is also suitable for providing power backup during outages without negatively impacting the performance and productivity of industrial operations. The demand for small-capacity solar generators, such as those below 40 kWh, is witnessing an increase, which is attributed to growing urbanization and population growth. Rapid urbanization and population growth often create an imbalance between supply and demand for energy, which results in power shortages and sometimes outages in many areas. Going forward, the trend is expected to continue during the forecast period, and this type of solar generator, i.e., below 40 kWh, is expected to witness growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial solar generator market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Industrial Solar Generator Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 17.12%

Market growth 2022-2026

$240.13 million

Market structure

Fragmented

YoY growth (%)

12.27

Regional analysis

APAC, Europe, North America, South America, and the Middle East and Africa

Performing market contribution

APAC at 56%

Key consumer countries

US, China, Japan, India, and Germany

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Ameresco Inc., Carnegie Clean Energy Ltd, Ecosphere Technologies Inc, Enviroearth, GSOL Energy AS, HCI Energy Inc., Intech GmbH and Co. KG, JA Solar Technology Co. Ltd., Jakson Group, Kirchner Solar Group GmbH, Longi Green Energy Technology Co. Ltd, MVV Energie AG, Off Grid Europe GmbH, Photon Energy Ltd, REDAVIA GmbH, Reliance Industries Ltd., Shanghai Aiko Solar Energy Co Ltd, Silicon CPV Ltd, Tongwei Group Co. Ltd, and Xando Energy LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Industrial Solar Generator Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive industrial solar generator market growth during the next five years
  • Precise estimation of the industrial solar generator market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial solar generator industry across APAC, Europe, North America, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial solar generator market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Type

    • 5.1 Market segments
      • Exhibit 24: Chart on Type - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Type - Market share 2021-2026 (%)
    • 5.2 Comparison by Type
      • Exhibit 26: Chart on Comparison by Type
      • Exhibit 27: Data Table on Comparison by Type
    • 5.3 Below 40KWH - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Below 40KWH - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Below 40KWH - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Below 40KWH - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Below 40KWH - Year-over-year growth 2021-2026 (%)
    • 5.4 40-80 KWH - Market size and forecast 2021-2026
      • Exhibit 32: Chart on 40-80 KWH - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on 40-80 KWH - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on 40-80 KWH - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on 40-80 KWH - Year-over-year growth 2021-2026 (%)
    • 5.5 80-150 KWH - Market size and forecast 2021-2026
      • Exhibit 36: Chart on 80-150 KWH - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on 80-150 KWH - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on 80-150 KWH - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on 80-150 KWH - Year-over-year growth 2021-2026 (%)
    • 5.6 Over 150 KWH - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Over 150 KWH - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Over 150 KWH - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Over 150 KWH - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Over 150 KWH - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by Type
      • Exhibit 44: Market opportunity by Type ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 48: Chart on Geographic comparison
      • Exhibit 49: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 North America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 Japan - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 India - Market size and forecast 2021-2026
      • Exhibit 86: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 90: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 93: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 94: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 95: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 96: Matrix on vendor position and classification
            • 10.3 Ameresco Inc.
              • Exhibit 97: Ameresco Inc. - Overview
              • Exhibit 98: Ameresco Inc. - Business segments
              • Exhibit 99: Ameresco Inc. - Key offerings
              • Exhibit 100: Ameresco Inc. - Segment focus
            • 10.4 Carnegie Clean Energy Ltd
              • Exhibit 101: Carnegie Clean Energy Ltd - Overview
              • Exhibit 102: Carnegie Clean Energy Ltd - Product / Service
              • Exhibit 103: Carnegie Clean Energy Ltd - Key offerings
            • 10.5 Enviroearth
              • Exhibit 104: Enviroearth - Overview
              • Exhibit 105: Enviroearth - Product / Service
              • Exhibit 106: Enviroearth - Key offerings
            • 10.6 Intech GmbH and Co. KG
              • Exhibit 107: Intech GmbH and Co. KG - Overview
              • Exhibit 108: Intech GmbH and Co. KG - Product / Service
              • Exhibit 109: Intech GmbH and Co. KG - Key offerings
            • 10.7 Jakson Group
              • Exhibit 110: Jakson Group - Overview
              • Exhibit 111: Jakson Group - Product / Service
              • Exhibit 112: Jakson Group - Key news
              • Exhibit 113: Jakson Group - Key offerings
            • 10.8 Kirchner Solar Group GmbH
              • Exhibit 114: Kirchner Solar Group GmbH - Overview
              • Exhibit 115: Kirchner Solar Group GmbH - Product / Service
              • Exhibit 116: Kirchner Solar Group GmbH - Key offerings
            • 10.9 MVV Energie AG
              • Exhibit 117: MVV Energie AG - Overview
              • Exhibit 118: MVV Energie AG - Business segments
              • Exhibit 119: MVV Energie AG - Key news
              • Exhibit 120: MVV Energie AG - Key offerings
              • Exhibit 121: MVV Energie AG - Segment focus
            • 10.10 Photon Energy Ltd
              • Exhibit 122: Photon Energy Ltd - Overview
              • Exhibit 123: Photon Energy Ltd - Product / Service
              • Exhibit 124: Photon Energy Ltd - Key offerings
            • 10.11 REDAVIA GmbH
              • Exhibit 125: REDAVIA GmbH - Overview
              • Exhibit 126: REDAVIA GmbH - Product / Service
              • Exhibit 127: REDAVIA GmbH - Key offerings
            • 10.12 Reliance Industries Ltd.
              • Exhibit 128: Reliance Industries Ltd. - Overview
              • Exhibit 129: Reliance Industries Ltd. - Business segments
              • Exhibit 130: Reliance Industries Ltd. - Key offerings
              • Exhibit 131: Reliance Industries Ltd. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 132: Inclusions checklist
                • Exhibit 133: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 134: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 135: Research methodology
                • Exhibit 136: Validation techniques employed for market sizing
                • Exhibit 137: Information sources
              • 11.5 List of abbreviations
                • Exhibit 138: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
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              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Industrial Solar Generator market growth will increase by $240.13 million during 2022-2026.
              The industrial solar generator market is expected to grow at a CAGR of 17.12% during 2022-2026.
              Technavio has segmented the industrial solar generator market by type (below 40kwh, 40-80 kWh, 80-150 kWh, and over 150 kWh) and geographic (APAC, Europe, North America, South America, and Middle East and Africa).
              Ameresco Inc., Carnegie Clean Energy Ltd, Ecosphere Technologies Inc, Enviroearth, GSOL Energy AS, HCI Energy Inc., Intech GmbH and Co. KG, JA Solar Technology Co. Ltd., Jakson Group, Kirchner Solar Group GmbH, Longi green energy technology Co. Ltd, MVV Energie AG, Off Grid Europe GmbH, Photon Energy Ltd, REDAVIA GmbH, Reliance Industries Ltd., Shanghai Aiko Solar Energy Co Ltd, Silicon CPV Ltd, Tongwei Group Co. Ltd, Xando Energy LLC are a few of the key vendors in the industrial solar generator market.
              APAC will register the highest growth rate of 56.44% among the other regions. Therefore, the industrial solar generator market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the industrial solar generator market growth are:
              • Declining cost of solar generator panels
              • Increasing adoption of microgrids
              The industrial solar generator market vendors should focus on grabbing business opportunities from the below 40kwh segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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