Allied Market Research

2024

Solar Generator Market

Solar Generator Market Size, Share, Competitive Landscape and Trend Analysis Report by Storage Capacity (Below 40 KWH, 40-80 KWH, 80-150 KWH, Over 150 KWH), by Application (Mining, Telecoms sites, Rural mini-grids, Others) and by End Use (Residential, Industrial, Commercial, Military, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Eswara Prasad
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Any energy system that is fueled by the sun is referred to as a solar generator. However, most individuals who use the word are referring to portable solar systems that include a specialized battery system. Solar panels are used to harvest the sun's energy, which is then stored in a portable storage device for later use. While a solar-powered generator may not be the best answer for powering a whole home or property, they can be handy for boats, RVs, and as a backup power source if electricity goes out. Solar generators are usually made up of two primary components: solar panels and a storage system. Solar energy can be stored by putting solar panels in direct sunlight and connecting them to a storage system.

Market Scope and Structure Analysis

Report Metric

Details

Market Size Available for Years

  2020–2030

  Base Year Considered

  2020

  Forecast Period

  2021–2030

  Forecast Unit

  Value (USD)

  Segments Covered

  Storage Capacity, Application, End Use, and Region

  Regions Covered

  North America, Europe, Asia-Pacific, LAMEA

  Companies Covered

Goal Zero LLC, Hollandia Solar, Altern Limited, Jaspak Pte. Ltd., Sunvis Solar Co. Ltd., BioLite, Inc., Powerenz, Inc., SolSolutions LLC (SolMan), SolaRover, Inc., SolarLine Group, and Voltaic Power Pvt. Ltd., Jackery Inc., Duracell

 

COVID-19 Impact analysis

  • COVID-19 epidemic began to spread over the world, affecting millions of people and prompting lockdowns and work stoppages in key countries. With the exception of medical supplies and life support products, most businesses have been severely hurt, and the solar generator market has also been severely harmed.
  • The global portable solar power generator industry has been negatively impacted by the COVID-19 pandemic. During lockdowns, the electricity sector has also been harmed due to a huge drop in demand for energy around the world.

Top Impacting Factors

Solar generators are cost-effective; they require minimal capital and fuel to operate, produce no pollution, and can store energy for later use. They are rapidly being employed for the production and distribution of power around the world as a result of these characteristics. Several regions have experienced power shortages, which have been alleviated due to the usage of solar generators. The market is driven by growing worries about climate change, which has raised awareness of the benefits of renewable energy sources such as solar, hydro, and wind. As a result, governments around the world are providing tax breaks and incentives to encourage investments in renewable energy. These initiatives have lowered the cost of solar generators, which has resulted in increased sales.

  • Standard Investment, a Dutch private equity business, has collaborated with Hollandia, a renowned steel construction company in Europe. Hollandia Orange, the holding company for subsidiaries Hollandia Structures, Hollandia Infra, Hollandia Services, Everest Industrial Montage, and Hollandia UK, becomes a shareholder of Standard Investment as a result of this deal.
  • Anesco, a British renewable energy firm, has built two solar farms in the Netherlands with a total capacity of 26 megawatts. Renewable assets have been developed by Anesco in Holland and Friesland.
  • Wafer Space has been bought by ALTEN Calsoft Labs, a renowned Engineering R&D services and Enterprise Digital Transformation solutions provider. ALTEN Calsoft Labs' capabilities and footprint in VLSI and Product Engineering services will be greatly enhanced as a result of this purchase.
  • Sherisha Solar Private Limited has sold its 100 percent fully paid-up equity share capital and voting rights to SIL Rooftop Solar Power Private Limited. Sherisha Solar has now become a SunEdison subsidiary as a result of this acquisition.

Key Segments Covered

Segment

Sub-segment

  Storage Capacity

  • Below 40 KWH
  • 40-80 KWH
  • 80-150 KWH
  • Over 150 KWH

  Application

  • Mining.
  • Telecoms sites.
  • Rural mini-grids
  • Others

 End Use

  • Residential
  • Industrial
  • Commercial
  • Military
  • Others

  Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

 

Key Benefits of the Report

  • This study presents the analytical depiction of the Solar Generator’ industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Solar Generator market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the Solar Generator market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed Solar Generator market analysis based on competitive intensity and how the competition will take shape in coming years

Solar Generator Market Report Highlights

Aspects Details
Solar Generator Market By Storage Capacity
By Storage Capacity
  • Below 40 KWH
  • 40-80 KWH
  • 80-150 KWH
  • Over 150 KWH
Solar Generator Market By Application
By Application
  • Mining
  • Telecoms sites
  • Rural mini-grids
  • Others
Solar Generator Market By End Use
By End Use
  • Residential
  • Industrial
  • Commercial
  • Military
  • Others
Solar Generator Market By Region
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
Key Market Players
Key Market Players

BioLite, Inc., Hollandia Solar, SolarLine Group, Duracell, Jaspak Pte. Ltd, Goal Zero LLC, Powerenz, Inc., Sunvis Solar Co. Ltd., SolaRover, Inc, SolSolutions LLC (SolMan), Jackery Inc., Voltaic Power Pvt. Ltd, Altern Limited

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Solar Generator Market

Global Opportunity Analysis and Industry Forecast, 2023-2032