Global Intelligent Solar Market Size, Status and Forecast 2022-2028

The report discusses many vital industry facets that influence global Intelligent Solar industry acutely which includes extensive study of competitive edge, latest technological advancements, region-wise industry environment, contemporary market and trends, top market contenders, and recent consumption tendency of the end user. The report also manages market size, market share, growth rate, revenue, and CAGR reported before along with its forecast estimation.

Intelligent Solar Market size was USD 8.52 billion in 2019 and is projected to reach USD 13.33 billion by 2027, exhibiting a CAGR of 9.95% during the forecast period

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The prominent players in the global Intelligent Solar Market are: ABB, Echelon, GE Energy, Schneider Electric, Siemens, Itron, Landis+GYR, Sensus USA, Solarcity, Sunnova, UGE, Vivint Solar, Intelligentsolar, ENF, DueDil

May 2019 – Due to the increasing demand for higher levels of safety and performance in solar photovoltaic plants, ABB Ltd. launched its most potent solar string combiner boxes range at Intersolar 2019. Solar string combiners improve the safety of solar panels and the entire photovoltaic plant. To counteract overvoltage a  common cause of damage to electrical appliances, it has developed a comprehensive plug-and-play solution.

The renewable sector in several countries across the globe is dependent mostly on imports from other regions, particularly China. About 80% modules and solar cells in India get imported from China along with other equipment such as raw materials, prefabricated structures, and inverters. Solar project developers in India are concerned regarding delay of products following the slowdown of manufacturing in China due to government-imposed lockdowns. The leading solar equipment suppliers have experienced production delays owing to the pandemic resulting in a huge backlog to fulfill orders. For instance, the Seychelles government in July 2020 confirmed that there will be a delay in the solar PV power plant’s construction due to concerns regarding the global pandemic.

An amendment has been made to the National Tariff Policy to include provisions for Renewable Generation Obligations and Renewable Purchase Obligations. The policy requires state-owned power distribution companies to purchase 8% of their energy from solar by 2022 and mandates thermal power plant operators to have a certain amount of renewable components in any newly installed capacity.

Geographically, the global Intelligent Solar market is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, and others), Asia-Pacific (China, India, Japan, and others), and LAMEA (Latin America, Middle East, and Africa).

Market Segments by Types Photovoltaic

Global Intelligent Solar market: Applications Household

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We follow a robust research methodology that includes data triangulation based on top-down, bottom-up approaches, and authentication of the estimated market numbers through primary research. The information used to estimate the Intelligent Solar market size and forecast for various segments at the global, regional, and country level is derived from the most reliable published sources and through interviews with the correct stakeholders.

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Intelligent Solar market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Intelligent Solar market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to advance top-line revenues

─Appreciate the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a rapid outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Intelligent Solar

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