Smart Solar Market Trends, Size, Analysis and Overview

Technavio Announces the Publication of its Research Report Global Smart Solar Market 2016-2020

Technavio recognizes the following companies as the key players in the global smart solar market: ABB, Echelon, GE Power & Water, Schneider Electric, and Siemens.

Other Prominent Vendors in the market are: Itron, Landis+GYR, Sensus USA, Silver Spring Networks, Solarcity, Sunnova, Urban Green Energy (UGE) International, and Vivint Solar.

Browse full report with TOC@ https://marketreportscenter.com/reports/368499/global-smart-solar-market-2016-2020

Commenting on the report, an analyst from Technavios team said: One of the key trends for market growth will be increasing demand for solutions and services. The recent trend in the smart solar industry depicts the growth in demand for solutions and services due to advances in technology in components, such as smart meters, solar simulators, and grid intelligent components, services and applications of the smart solar. Thus most of the vendors are focusing on providing complete solutions for smart solar i.e. from components to the services. Also, the rise in demand for energy necessitates the need of energy management solutions and demands response services to be integrated with the installations. Now solution services, such as accuracy of bill and record of consumption of energy, are in demand, which is fueling the smart solar market. Another major factor will be intermittent nature of solar energy, which requires such services to manage the solar energy better. Hence, the smart solar is an integrated solution.”

According to the report, growing environmental concerns will be a key driver for market growth. CO? emission is a major global concern for countries and companies. The US energy-related CO? emission was 5,406 MMT in 2014. Combustion of fossil fuels (coal, natural gas, and oil) for energy and transportation, certain industrial processes, and land use changes are some of the human activities that emit CO?....