The hybrid power system is defined as the energy system which is designed or fabricated to extract power by using two or more energy sources. It is the combination of more than one energy sources for giving to the load. The hybrid power system has less emission, good reliability, efficiency, and lower cost. Some of the hybrid power systems use solar and wind power to generate power. Wind and solar energy sources have good benefits than any other non-conventional energy sources. These energy sources are easily available in all areas. It needs lower cost. To install this power system, one need not find special location. The hybrid power system can consist of two types of power generation that are wind turbine generator and the diesel generator. The energy storage may act as a generator or as a load depending upon the need. The diesel generator gives smooth output power, while the power generated by wind turbine depends on the wind velocity.
The constantly increasing need for electricity and the limited availability of fossil fuel reserves has induced several countries to import vast quantities of crude oil and gas, impacting the growth of their economies. Moreover, the combustion of fossil fuels also leads to greenhouse gas emissions, which will compel these countries to adopt renewable sources such as solar, wind, and bio-fuels for power generation as they can be quickly deployed as decentralized systems. Renewable resources are inherent in nature. This can be overcome by using renewable technologies in a hybrid form where these systems use energy storage systems to store the additional electricity generated for use whenever there is a shortfall in power production.
APAC is estimated to account for most of the total share of the market by the end of 2023 and also dominate the market over the forecast period. Unreliable grid infrastructures and the presence of several islands drive the need for micro and mini-grids to supply power to both the residential and non-residential sectors. Additionally, the governments of countries such as India and Indonesia are also supporting the adoption of standalone hybrid systems, which will augment the demand for the growth of the next four years. India, China, and other Southeast Asian countries are the major growth contributors for the hybrid power generation systems market in this region.
The global Hybrid Power Systems market is valued at 41600 million US$ in 2018 is expected to reach 65700 million US$ by the end of 2025, growing at a CAGR of 5.9% during 2019-2025.
This report focuses on Hybrid Power Systems volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hybrid Power Systems market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Emerson
Heliocentris
Shanghai Ghrepower
Siemens
SMA
...
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Solar-Diesel
Wind-Diesel
Wind-Solar-Diesel
Segment by Application
Residential
Rural Facility Electrification
Non-Residential
Others
Table of Contents
Executive Summary
1 Hybrid Power Systems Market Overview
1.1 Product Overview and Scope of Hybrid Power Systems
1.2 Hybrid Power Systems Segment by Type
1.2.1 Global Hybrid Power Systems Production Growth Rate Comparison by Type (2014-2025)
1.2.2 Solar-Diesel
1.2.3 Wind-Diesel
1.2.4 Wind-Solar-Diesel
1.3 Hybrid Power Systems Segment by Application
1.3.1 Hybrid Power Systems Consumption Comparison by Application (2014-2025)
1.3.2 Residential
1.3.3 Rural Facility Electrification
1.3.4 Non-Residential
1.3.5 Others
1.4 Global Hybrid Power Systems Market by Region
1.4.1 Global Hybrid Power Systems Market Size Region
1.4.2 North America Status and Prospect (2014-2025)
1.4.3 Europe Status and Prospect (2014-2025)
1.4.4 China Status and Prospect (2014-2025)
1.4.5 Japan Status and Prospect (2014-2025)
1.5 Global Hybrid Power Systems Market Size
1.5.1 Global Hybrid Power Systems Revenue (2014-2025)
1.5.2 Global Hybrid Power Systems Production (2014-2025)
2 Global Hybrid Power Systems Market Competition by Manufacturers
2.1 Global Hybrid Power Systems Production Market Share by Manufacturers (2014-2019)
2.2 Global Hybrid Power Systems Revenue Share by Manufacturers (2014-2019)
2.3 Global Hybrid Power Systems Average Price by Manufacturers (2014-2019)
2.4 Manufacturers Hybrid Power Systems Production Sites, Area Served, Product Types
2.5 Hybrid Power Systems Market Competitive Situation and Trends
2.5.1 Hybrid Power Systems Market Concentration Rate
2.5.2 Hybrid Power Systems Market Share of Top 3 and Top 5 Manufacturers
2.5.3 Mergers & Acquisitions, Expansion
3 Global Hybrid Power Systems Production Market Share by Regions
3.1 Global Hybrid Power Systems Production Market Share by Regions
3.2 Global Hybrid Power Systems Revenue Market Share by Regions (2014-2019)
3.3 Global Hybrid Power Systems Production, Revenue, Price and Gross Margin (2014-2019)
3.4 North America Hybrid Power Systems Production
3.4.1 North America Hybrid Power Systems Production Growth Rate (2014-2019)
3.4.2 North America Hybrid Power Systems Production, Revenue, Price and Gross Margin (2014-2019)
3.5 Europe Hybrid Power Systems Production
3.5.1 Europe Hybrid Power Systems Production Growth Rate (2014-2019)
3.5.2 Europe Hybrid Power Systems Production, Revenue, Price and Gross Margin (2014-2019)
3.6 China Hybrid Power Systems Production (2014-2019)
3.6.1 China Hybrid Power Systems Production Growth Rate (2014-2019)
3.6.2 China Hybrid Power Systems Production, Revenue, Price and Gross Margin (2014-2019)
3.7 Japan Hybrid Power Systems Production (2014-2019)
3.7.1 Japan Hybrid Power Systems Production Growth Rate (2014-2019)
3.7.2 Japan Hybrid Power Systems Production, Revenue, Price and Gross Margin (2014-2019)
4 Global Hybrid Power Systems Consumption by Regions
4.1 Global Hybrid Power Systems Consumption by Regions
4.2 North America Hybrid Power Systems Consumption (2014-2019)
4.3 Europe Hybrid Power Systems Consumption (2014-2019)
4.4 China Hybrid Power Systems Consumption (2014-2019)
4.5 Japan Hybrid Power Systems Consumption (2014-2019)
5 Global Hybrid Power Systems Production, Revenue, Price Trend by Type
5.1 Global Hybrid Power Systems Production Market Share by Type (2014-2019)
5.2 Global Hybrid Power Systems Revenue Market Share by Type (2014-2019)
5.3 Global Hybrid Power Systems Price by Type (2014-2019)
5.4 Global Hybrid Power Systems Production Growth by Type (2014-2019)
6 Global Hybrid Power Systems Market Analysis by Applications
6.1 Global Hybrid Power Systems Consumption Market Share by Application (2014-2019)
6.2 Global Hybrid Power Systems Consumption Growth Rate by Application (2014-2019)
7 Company Profiles and Key Figures in Hybrid Power Systems Business
7.1 Emerson
7.1.1 Emerson Hybrid Power Systems Production Sites and Area Served
7.1.2 Hybrid Power Systems Product Introduction, Application and Specification
7.1.3 Emerson Hybrid Power Systems Production, Revenue, Price and Gross Margin (2014-2019)
7.1.4 Main Business and Markets Served
7.2 Heliocentris
7.2.1 Heliocentris Hybrid Power Systems Production Sites and Area Served
7.2.2 Hybrid Power Systems Product Introduction, Application and Specification
7.2.3 Heliocentris Hybrid Power Systems Production, Revenue, Price and Gross Margin (2014-2019)
7.2.4 Main Business and Markets Served
7.3 Shanghai Ghrepower
7.3.1 Shanghai Ghrepower Hybrid Power Systems Production Sites and Area Served
7.3.2 Hybrid Power Systems Product Introduction, Application and Specification
7.3.3 Shanghai Ghrepower Hybrid Power Systems Production, Revenue, Price and Gross Margin (2014-2019)
7.3.4 Main Business and Markets Served
7.4 Siemens
7.4.1 Siemens Hybrid Power Systems Production Sites and Area Served
7.4.2 Hybrid Power Systems Product Introduction, Application and Specification
7.4.3 Siemens Hybrid Power Systems Production, Revenue, Price and Gross Margin (2014-2019)
7.4.4 Main Business and Markets Served
7.5 SMA
7.5.1 SMA Hybrid Power Systems Production Sites and Area Served
7.5.2 Hybrid Power Systems Product Introduction, Application and Specification
7.5.3 SMA Hybrid Power Systems Production, Revenue, Price and Gross Margin (2014-2019)
7.5.4 Main Business and Markets Served
8 Hybrid Power Systems Manufacturing Cost Analysis
8.1 Hybrid Power Systems Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Hybrid Power Systems
8.4 Hybrid Power Systems Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.1.1 Direct Marketing
9.1.2 Indirect Marketing
9.2 Hybrid Power Systems Distributors List
9.3 Hybrid Power Systems Customers
10 Market Dynamics
10.1 Market Trends
10.2 Opportunities
10.3 Market Drivers
10.4 Challenges
10.5 Influence Factors
11 Global Hybrid Power Systems Market Forecast
11.1 Global Hybrid Power Systems Production, Revenue Forecast
11.1.1 Global Hybrid Power Systems Production Growth Rate Forecast (2019-2025)
11.1.2 Global Hybrid Power Systems Revenue and Growth Rate Forecast (2019-2025)
11.1.3 Global Hybrid Power Systems Price and Trend Forecast (2019-2025)
11.2 Global Hybrid Power Systems Production Forecast by Regions (2019-2025)
11.2.1 North America Hybrid Power Systems Production, Revenue Forecast (2019-2025)
11.2.2 Europe Hybrid Power Systems Production, Revenue Forecast (2019-2025)
11.2.3 China Hybrid Power Systems Production, Revenue Forecast (2019-2025)
11.2.4 Japan Hybrid Power Systems Production, Revenue Forecast (2019-2025)
11.3 Global Hybrid Power Systems Consumption Forecast by Regions (2019-2025)
11.3.1 North America Hybrid Power Systems Consumption Forecast (2019-2025)
11.3.2 Europe Hybrid Power Systems Consumption Forecast (2019-2025)
11.3.3 China Hybrid Power Systems Consumption Forecast (2019-2025)
11.3.4 Japan Hybrid Power Systems Consumption Forecast (2019-2025)
11.4 Global Hybrid Power Systems Production, Revenue and Price Forecast by Type (2019-2025)
11.5 Global Hybrid Power Systems Consumption Forecast by Application (2019-2025)
12 Research Findings and Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Author List
13.4 Disclaimer
List of Tables and Figures
Figure Picture of Hybrid Power Systems
Table Global Hybrid Power Systems Production (K Units) Growth Rate Comparison by Types (2014-2025)
Figure Global Hybrid Power Systems Production Market Share by Types in 2018
Figure Solar-Diesel Product Picture
Table Solar-Diesel Major Manufacturers
Figure Wind-Diesel Product Picture
Table Wind-Diesel Major Manufacturers
Figure Wind-Solar-Diesel Product Picture
Table Wind-Solar-Diesel Major Manufacturers
Table Global Hybrid Power Systems Consumption (K Units) Comparison by Applications (2014-2025)
Figure Global Hybrid Power Systems Consumption Market Share by Applications in 2018
Figure Residential
Figure Rural Facility Electrification
Figure Non-Residential
Figure Others
Table Hybrid Power Systems Market Size (Million US$) Comparison by Regions (2014-2025)
Figure North America Hybrid Power Systems Revenue (Million USD) and Growth Rate (2014-2025)
Figure Europe Hybrid Power Systems Revenue (Million USD) and Growth Rate (2014-2025)
Figure China Hybrid Power Systems Revenue (Million USD) and Growth Rate (2014-2025)
Figure Japan Hybrid Power Systems Revenue (Million USD) and Growth Rate (2014-2025)
Figure Global Hybrid Power Systems Revenue (Million USD) (2014-2025)
Figure Global Hybrid Power Systems Production (K Units) (2014-2025)
Table Global Hybrid Power Systems Production (K Units) of Key Manufacturers (2014-2019)
Table Global Hybrid Power Systems Production Share by Manufacturers (2014-2019)
Figure Hybrid Power Systems Production Share by Manufacturers in 2018
Table Global Hybrid Power Systems Revenue (Million USD) by Manufacturers (2014-2019)
Table Global Hybrid Power Systems Revenue Share by Manufacturers (2014-2019)
Figure Global Hybrid Power Systems Revenue Share by Manufacturers in 2018
Table Global Market Hybrid Power Systems Average Price (USD/Unit) of Key Manufacturers (2014-2019)
Figure Global Market Hybrid Power Systems Average Price (USD/Unit) of Key Manufacturers in 2018
Table Manufacturers Hybrid Power Systems Production Sites and Area Served
Table Manufacturers Hybrid Power Systems Product Types
Figure Hybrid Power Systems Market Share of Top 5 Manufacturers
Figure Hybrid Power Systems Market Share of Top 10 Manufacturers
Table Global Hybrid Power Systems Production (K Units) by Region (2014-2019)
Table Global Hybrid Power Systems Production Market Share by Region (2014-2019)
Figure Global Hybrid Power Systems Production Market Share by Region (2014-2019)
Figure Global Hybrid Power Systems Production Market Share by Region in 2018
Table Global Hybrid Power Systems Revenue (Million USD) by Region (2014-2019)
Table Global Hybrid Power Systems Revenue Market Share by Region (2014-2019)
Figure Global Hybrid Power Systems Revenue Market Share by Region (2014-2019)
Figure Global Hybrid Power Systems Revenue Market Share by Region in 2018
Figure Global Hybrid Power Systems Production (K Units) Growth Rate (2014-2019)
Table Global Hybrid Power Systems Production (K Units), Revenue (Million US$), Price (USD/Unit) and Gross Margin (2014-2019)
Figure North America Hybrid Power Systems Production (K Units) Growth Rate (2014-2019)
Table North America Hybrid Power Systems Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2014-2019)
Figure Europe Hybrid Power Systems Production (K Units) Growth Rate (2014-2019)
Table Europe Hybrid Power Systems Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2014-2019)
Figure China Hybrid Power Systems Production (K Units) Growth Rate (2014-2019)
Table China Hybrid Power Systems Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2014-2019)
Figure Japan Hybrid Power Systems Production (K Units) Growth Rate (2014-2019)
Table Japan Hybrid Power Systems Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2014-2019)
Table Global Hybrid Power Systems Consumption (K Units) Market by Region (2014-2019)
Table Global Hybrid Power Systems Consumption Market Share by Region (2014-2019)
Figure Global Hybrid Power Systems Consumption Market Share by Region (2014-2019)
Figure Global Hybrid Power Systems Consumption Market Share by Region in 2018
Figure North America Hybrid Power Systems Consumption Growth Rate (2014-2019) (K Units)
Figure Europe Hybrid Power Systems Consumption Growth Rate (2014-2019) (K Units)
Figure China Hybrid Power Systems Consumption Growth Rate (2014-2019) (K Units)
Figure Japan Hybrid Power Systems Consumption Growth Rate (2014-2019) (K Units)
Table Global Hybrid Power Systems Production (K Units) by Type (2014-2019)
Table Global Hybrid Power Systems Production Share by Type (2014-2019)
Figure Production Market Share of Hybrid Power Systems by Type (2014-2019)
Figure Production Market Share of Hybrid Power Systems by Type in 2018
Table Global Hybrid Power Systems Revenue (Million USD) by Type (2014-2019)
Table Global Hybrid Power Systems Revenue Share by Type (2014-2019)
Figure Revenue Share of Hybrid Power Systems by Type (2014-2019)
Figure Revenue Market Share of Hybrid Power Systems by Type in 2018
Table Global Hybrid Power Systems Price (USD/Unit) by Type (2014-2019)
Figure Global Hybrid Power Systems Production Growth by Type (2014-2019) (K Units)
Table Global Hybrid Power Systems Consumption (K Units) by Application (2014-2019)
Table Global Hybrid Power Systems Consumption Market Share by Application (2014-2019)
Figure Global Hybrid Power Systems Consumption Market Share by Applications (2014-2019)
Figure Global Hybrid Power Systems Consumption Market Share by Application in 2018
Table Global Hybrid Power Systems Consumption Growth Rate by Application (2014-2019)
Figure Global Hybrid Power Systems Consumption Growth Rate by Application (2014-2019)
Table Emerson Hybrid Power Systems Production Sites and Area Served
Table Emerson Product Introduction, Application and Specification
Table Emerson Hybrid Power Systems Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2014-2019)
Figure Emerson Hybrid Power Systems Production Growth Rate (2014-2019)
Figure Emerson Hybrid Power Systems Production Market Share (2014-2019)
Figure Emerson Hybrid Power Systems Revenue Market Share (2014-2019)
Table Emerson Main Business and Markets Served
Table Heliocentris Hybrid Power Systems Production Sites and Area Served
Table Heliocentris Product Introduction, Application and Specification
Table Heliocentris Hybrid Power Systems Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2014-2019)
Figure Heliocentris Hybrid Power Systems Production Growth Rate (2014-2019)
Figure Heliocentris Hybrid Power Systems Production Market Share (2014-2019)
Figure Heliocentris Hybrid Power Systems Revenue Market Share (2014-2019)
Table Heliocentris Main Business and Markets Served
Table Shanghai Ghrepower Hybrid Power Systems Production Sites and Area Served
Table Shanghai Ghrepower Product Introduction, Application and Specification
Table Shanghai Ghrepower Hybrid Power Systems Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2014-2019)
Figure Shanghai Ghrepower Hybrid Power Systems Production Growth Rate (2014-2019)
Figure Shanghai Ghrepower Hybrid Power Systems Production Market Share (2014-2019)
Figure Shanghai Ghrepower Hybrid Power Systems Revenue Market Share (2014-2019)
Table Shanghai Ghrepower Main Business and Markets Served
Table Siemens Hybrid Power Systems Production Sites and Area Served
Table Siemens Product Introduction, Application and Specification
Table Siemens Hybrid Power Systems Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2014-2019)
Figure Siemens Hybrid Power Systems Production Growth Rate (2014-2019)
Figure Siemens Hybrid Power Systems Production Market Share (2014-2019)
Figure Siemens Hybrid Power Systems Revenue Market Share (2014-2019)
Table Siemens Main Business and Markets Served
Table SMA Hybrid Power Systems Production Sites and Area Served
Table SMA Product Introduction, Application and Specification
Table SMA Hybrid Power Systems Production (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2014-2019)
Figure SMA Hybrid Power Systems Production Growth Rate (2014-2019)
Figure SMA Hybrid Power Systems Production Market Share (2014-2019)
Figure SMA Hybrid Power Systems Revenue Market Share (2014-2019)
Table SMA Main Business and Markets Served
Table Production Base and Market Concentration Rate of Raw Material
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Hybrid Power Systems
Figure Manufacturing Process Analysis of Hybrid Power Systems
Figure Hybrid Power Systems Industrial Chain Analysis
Table Hybrid Power Systems Distributors List
Table Hybrid Power Systems Customers List
Table Market Key Trends
Table Key Opportunities
Table Market Key Drivers
Table Key Challenges
Table Key Influence Factors
Figure Global Hybrid Power Systems Production (K Units) and Growth Rate Forecast (2019-2025)
Figure Global Hybrid Power Systems Revenue (Million USD) and Growth Rate Forecast (2019-2025)
Figure Global Hybrid Power Systems Price and Trend Forecast (2019-2025)
Table Global Hybrid Power Systems Production (K Units) Forecast by Region (2019-2025)
Figure Global Hybrid Power Systems Production Market Share Forecast by Region (2019-2025)
Figure North America Hybrid Power Systems Production (K Units) and Growth Rate Forecast (2019-2025)
Figure North America Hybrid Power Systems Revenue (Million USD) and Growth Rate Forecast (2019-2025)
Figure Europe Hybrid Power Systems Production (K Units) and Growth Rate Forecast (2019-2025)
Figure Europe Hybrid Power Systems Revenue (Million USD) and Growth Rate Forecast (2019-2025)
Figure China Hybrid Power Systems Production (K Units) and Growth Rate Forecast (2019-2025)
Figure China Hybrid Power Systems Revenue (Million USD) and Growth Rate Forecast (2019-2025)
Figure Japan Hybrid Power Systems Production (K Units) and Growth Rate Forecast (2019-2025)
Figure Japan Hybrid Power Systems Revenue (Million USD) and Growth Rate Forecast (2019-2025)
Table Global Hybrid Power Systems Consumption (K Units) Forecast by Regions (2019-2025)
Figure Global Hybrid Power Systems Consumption Market Share Forecast by Regions (2019-2025)
Figure North America Hybrid Power Systems Consumption (K Units) Growth Rate Forecast (2019-2025)
Figure Europe Hybrid Power Systems Consumption (K Units) Growth Rate Forecast (2019-2025)
Figure China Hybrid Power Systems Consumption (K Units) Growth Rate Forecast (2019-2025)
Figure Japan Hybrid Power Systems Consumption (K Units) Growth Rate Forecast (2019-2025)
Table Global Hybrid Power Systems Production (K Units) Forecast by Type (2019-2025)
Figure Global Hybrid Power Systems Production (K Units) Forecast by Type (2019-2025)
Table Global Hybrid Power Systems Revenue (Million USD) Forecast by Type (2019-2025)
Figure Global Hybrid Power Systems Revenue Market Share Forecast by Type (2019-2025)
Table Global Hybrid Power Systems Price (USD/Unit) Forecast by Type (2019-2025)
Table Global Hybrid Power Systems Consumption (K Units) Forecast by Application (2019-2025)
Figure Global Hybrid Power Systems Consumption Forecast by Application (2019-2025)
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
