Hybrid Power Systems Market - Global Industry Analysis 2016 - 2024

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Hybrid Power Systems Market (Power Systems Type - Wind-Solar-DieselHybrid, PV-Diesel-Hybrid; End-Use - Residential, Rural Facility Electrification) Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
Published Date
18-Jul-2016
120 Page Report
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Press Release
Installation of Hybrid Power Systems to Rise as Energy Industry Preference
Centers on Renewable Sources, says TMR
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Hybrid Power Systems Market
REPORT DESCRIPTION
Hybrid Power Systems Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
Investing in emerging economies and setting up hybrid power systems and rural electrification programs in the remote
areas of Asia Pacific and the Middle East and Africa are key growth strategies for players in the hybrid power systems
market, observes Transparency Market Research (TMR). For instance, Borg Energy invested a heavy sum in India in
January 2014 in several projects centered on rural electrification and engineering, procurement, and construction (EPC).
Likewise, Guangzhou HY Energy Technology Limited Corp., in 2011, supplied a wind-solar hybrid street light system in
Tabriz, Iran and in 2012, installed a number of wind-solar hybrid systems for a telecom station in Mongolia.
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“New product development and innovation is also an effective strategy adopted by a number of players,” a TMR analyst
states. The hybrid power systems market is extremely inviting to new players despite the high initial investment required
to manufacture as well as assemble these systems. Thanks to government and other regulatory institution clearances
and the provision of various subsidies, the competitive landscape of the global hybrid power systems market is likely to
witness constant change over the coming years.
Increasing Focus on the Use of Energy-efficient Technologies
One of the major advantages presented by hybrid power systems, which is also a key driving factor for the global market,
is the ability of these systems to reduce carbon emissions. “Controlling carbon footprint is among the top priorities of
most energy producing companies and factors such as climate change and growing social responsibility have contributed
toward these companies focusing on using energy-efficient technologies in their networks,” the author states.
In April 2016, Vodafone Qatar announced its plans to roll out several hybrid power systems across its sites in the country
as part of its efforts to reduce its carbon footprint and improve the company’s energy efficiency measures.
On the down side, however, high installation costs and initial investments deter companies from the setting up of hybrid
power systems. “Building the infrastructure for hybrid power plant, especially solar-wind-diesel systems, is immensely
expensive,” a lead analyst at TMR finds. “Moreover, these systems have a much longer return on investment (ROI) period
compared to conventional sources of energy.” This threatens to hamper the growth of the hybrid power systems market.
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TMR Predicts Surge in Upcoming Hybrid Power Projects
The global revenue generated by the hybrid power systems market is anticipated to rise from US$411.7 mn in 2015 to
US$703.5 mn by 2024 at a 6.1% CAGR therein. By type, wind-solar-diesel hybrid power systems held the dominant share
of over 45% in 2014 and this segment is likely to retain its lead throughout the forecast period. The others segment,
comprising wind-hydro-diesel hybrid, solar thermal, and hybrid-solar biomass, is projected to expand at the fastest pace
from 2016 to 2024.
“Only a fraction of companies in the renewable power industry are presently involved in the generation of power via
hybrid power systems for rural electrification,” the analyst states. “However, an increasing number of upcoming power
projects across the globe is likely to spur the demand for hybrid power systems.”
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This review is based on the findings of a TMR report titled “Hybrid Power Systems Market: Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2016-2024.”
Global Hybrid Power Systems Market: Type Analysis
-Wind-Solar-Diesel-Hybrid
-PV-Diesel-Hybrid
-Others
Global Hybrid Power Systems Market: End-Use Analysis
-Residential
-Rural Facility Electrification
-Others
Global Hybrid Power Systems Market: Regional Segment Analysis
-North America
-U.S.
-Canada
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Hybrid Power Systems Market
-Mexico
-Europe
-Turkey
-Kazakhstan
-Russia
-Rest of Europe
-Asia Pacific
-China
-Japan
-Australia
-Indonesia
-Rest of Asia Pacific
-Middle East and Africa (MEA)
-South Africa
-Tanzania
-Egypt
-UAE
-Rest of MEA
-South and Central America (SCA)
-Brazil
-Chile
-Rest of SCA
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TABLE OF CONTENT
Chapter 1 Preface
Report Description
Research Scope
Assumptions
Market Segmentation
Research Methodology
Chapter 2 Executive Summary
Global Fatty Alcohols Market, 2014 - 2023, (Kilo Tons) (US$ Mn)
Fatty Alcohols: Market Snapshot
Chapter 3 Fatty Alcohols Market– Industry Analysis
Introduction
Value Chain Analysis
Market Drivers
Increasing Usage of Personal Care Ingredients Projected to Drive Fatty Alcohols Market
Rising Demand for Detergents and Cleaning Agents Projected to Boost Fatty Alcohols Market
Restraints
Volatility in Prices of Raw Materials Anticipated to Act as Restraint for Fatty Alcohols Market
Overproduction of Fatty Alcohols Anticipated to Act as Restraint for Fatty Alcohols Market
Opportunity
Growing Sales of Cosmetics and Beauty Products in BRIC Countries is Likely to Act as
Opportunity for Fatty Alcohols Market
Chapter 4 Porter’s Five Forces Analysis
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat of Substitutes
Threat of New Entrants
Degree of Competition
Global Fatty Alcohols Market Attractiveness, by Application
Global Fatty Alcohols Market Attractiveness, by Country
Fatty Alcohols: Company Market Share Analysis, 2014
Chapter 5 Price Trend Analysis
Fatty Alcohols Price Trend
Chapter 6 Fatty Alcohols Market – Product Analysis
Global Fatty Alcohols Market: Product Overview
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Global Fatty Alcohols Market Volume Share, by Product, 2014 and 2023
Fatty Alcohols Market – By Product Analysis
Global C6-C10 Fatty Alcohols Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
Global C11-C14 Fatty Alcohols Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
Global C15-C22 Fatty Alcohols Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
Global Other Fatty Alcohols Market, 2014 – 2023 (Kilo Tons) (US$ Mn)
Chapter 7 Fatty Alcohols Market – Application Analysis
Global Fatty Alcohols Market: Application Overview
Fatty Alcohols Market – By Application Analysis
Global Fatty Alcohols Market for Detergents & Soaps, 2014 – 2023 (Kilo Tons)
(US$ Mn)
Global Fatty Alcohols Market for Personal Care, 2014 – 2023 (Kilo Tons) (US$ Mn)
Global Fatty Alcohols Market for Plasticizers, 2014 – 2023 (Kilo Tons) (US$ Mn)
Global Fatty Alcohols Market for Lubricants, 2014 – 2023 (Kilo Tons) (US$ Mn)
Global Fatty Alcohols Market for Others, 2014 – 2023 (Kilo Tons) (US$ Mn)
Chapter 8 Fatty Alcohols Market - Regional Analysis
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Global Revenue Generated by the Hybrid Power Systems Market is anticipated to rise from US$411.7 mn in 2015 to US$703.5 mn by 2024 at a 6.1% CAGR; Wind-solar-diesel Hybrid Power Systems to Maintain Lead through 2024 Download the Excluisve Report Sample Here : http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12884