DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Smart Solar Market Insights, Opportunity, Analysis, Market Shares And Forecast 2016 - 2022" report to their offering.
The market size for smart solar segment has grown considerably in last few years. Today solar market is worth more than $6.58 billion and it is expected to grow around $13 billion and even more, projecting the compounded annual growth rate 16.8% for the year 2016 to 2022.
The major trend in smart solar technology includes cloud technology, internet of things and research and development in solar panel material, as the technology for solar panel is improving continuously as the price is also going down about to 80%. Also with the introduction of IoT, managing and controlling instruments and hardware it has become easy and convenient, that is why the application of smart solar technology now is widen in government, healthcare and construction sector.
The smart solar market is segmented into solutions, application, services, meter data management, and industry solutions. The integration of smart solar technologies, with different technologies is driving the growth of smart solar service market, and hence commercial and industry segment by application is expected to dominate the market. The applications of smart solar technology has also extended to new sectors like utility, government and public affairs, water treatment plant, education, logistics and distribution and constructions.
Companies Mentioned:
- ABB
- ECHELON
- Echelon Corporation
- First Solar
- GE Power
- Itron Inc.
- Landis+GYR AG
- Schneider Electric
- Sensus USA, Inc.
- Siemens
- Silver Spring Networks Inc.
- Solarcity
- Sunnova
- SunPower
- Urban Green Energy (UGE) International
-
Vivint Solar
Report Structure:
1. Introduction
2. Market overview
3. Market determinants
4. Market Segmentation
5. Geographical analysis
6. Company Profiling: - (Over, SCOT analysis, strategic review)
For more information visit http://www.researchandmarkets.com/research/kpsnx4/global_smart
