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| Report Code: A11115 | Pages: 269 | Apr 2021 | 9045 Views | ||
| Author(s) : Ayushi C , Eswara P | Tables: 165 | Charts: 43 |
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The solar battery market is expected to witness considerable growth. This is attributed to a significant surge in demand from residential and commercial end-users. Solar battery is often used in hospitals, hotels, hostels, schools, educational institutions, and restaurants for utility purposes. In addition, rise in concern from governments across emerging nations, such as China, India, and South Korea, regarding zero emission norms is expected to drive the market growth. Governments across different countries implement new rebate and energy schemes on excess amount of energy for residential as well as commercial users. This is expected to enhance the market penetration in new customer segments.
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