Solar power refers to technology that harvests sunlight and utilizes it for various purposes such as electricity generation, heating, desalination of seawater etc. Smart solar power is an advanced form of the traditional solar energy system.
The smart solar power market is in its nascent stage, as there is a high demand for energy management solutions and monitoring devices across various industry verticals. The report showcases the various services & solutions provided by the technology. Mechanized meters, monitoring platforms and usage in analytics & IT are the key drivers of the smart solar power market. Companies operating in this intensely competitive market are adopting product launch as a developmental strategy to gain competitive edge. Companies such as HCL and GE Energy are introducing novel products such as smart solar mobile phones, protronix power boxes etc.
Although the market is in its nascent stage, automated solutions for smart solar power have resulted in a broad array of potential applications in various fields such as government, education, healthcare, agro-industry, logistics, utilities, transportation and constructions. The global smart solar power market can be segmented based on components, solutions, services, end-users, and geography. Companies which are currently providing smart solar power solutions are Aclara Software, GE Energy, ABB, Calico Energy Services, HCL Technologies, Siemens and Echelon Corporation.
KEY MARKET SEGMENTS
The global smart solar power market is segmented into components, solutions, services, end users and geography.
MARKET BY COMPONENTS
MARKET BY SOLUTIONS
MARKET BY SERVICES
MARKET BY END USERS
MARKET BY GEOGRAPHY