[October 22, 2014]

Integrated Solutions and Services Will Boost the Global Smart Solar Market from 2014-2018: TechNavio

According to research firm TechNavio, the Global Smart Solar Market is expected to grow at a CAGR of 18.4 percent from 2014-2018.

Smart solar is the next generation of solar energy technology system, which provides enhanced integration, support, communication, distribution, monitoring and planning capabilities for energy delivery systems.

About the Report

The latest report by TechNavio focuses on growing solar energy consumption, which is encouraging governments worldwide to shift their focus to smart solar technology so as to increase overall energy production.

The report also highlights increased demand for solutions and services because of technological advancements in components like smart meters, solar simulators and grid intelligent components.

"Vendors like First Solar and GE Energy are focusing on providing complete solutions for smart solar energy generation, since higher demand for energy is necessitating the need for energy management solutions and demand response services integrated with installations," says Faisal Ghaus, Vice President of TechNavio.

Key Information Covered in the Report:

• Market segmentation, size and forecst through 2018
• Market Growth Drivers:
  • Increase in Solar Energy Consumption
  • For a full detailed list, view our report.
• Market Challenges:
  • Long-term Bankability of Smart Solar Projects
  • For a full detailed list, view our report.
• Market Trends:
  • Increase in Demand for Solutions and Services
  • For a full detailed list, view our report.
• Key Vendors:
  • ABB Ltd.
  • First Solar Inc.
  • GE Energy
• Other Prominent Vendors:
  • Trilliant (News - Alert)
  • Landis+Gyr
  • Urban Green Energy

• Global Solar PV Market 2014-2018

If you are interested in more information, please contact our media team at [email protected].

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