Global Smart Solar Solutions Market

The requirement of solar power in the recent times is due to the depleting non-renewable resources. The more usage of depleting resources has led to a scare situation and the consumers at panicky situation across the world. With many countries working towards utilizing renewable resources, the need for development in the segment has increased. For controlling and forecasting the consumption of the energy, there is a requirement of managing the solutions in the global market. New innovations are taking place in the global solar market and new smart solutions are making their way into the market to provide cleaner and greener energy to its consumers. Smart solutions are the improved version to the conventional solar systems. The growth of the global smart solar solutions market is expected to scale 15.9% cumulative annual growth rate (CAGR) with an estimated value to USD 14 billion by 2021 from USD 8.14 billion in 2016.

Market Segment and Share

The Global Smart Solar Solutions Market is expected to hit 15.9% CAGR in the period 2017 to 2021. The present market share of smart solar solutions is about 4% in the solar solutions segment but is expected to increase to 58% till 2021. The segmentation of smart solar solution market is done on the basis of the following:
--> Devices: Smart Solar Meters, Intelligent Grids, etc.
--> Solutions: Analytics, SCADA, Network Monitoring, etc.
--> Service: Consulting, Support, Maintenance, etc.
--> Application: Residential, Commercial and industrial
--> Industry Sectors: Government, Healthcare, Construction, Education, Agriculture, etc.
--> Region: North America, Europe, Asia-Pacific, Middle East and Africa and Latin America

Driving Force

The driving factors of Global Smart Solar Solutions Market are rising power prices, rising power demands, depleting non-renewable resources, growing environmental concerns, requirement of cleaner and greener fuel.
Major Players in the Market
Major players in the global smart solar solutions market are ABB Solar Solutions, GE Renewable Energy, SunEdison, Schneider Electric, Echelon, BBOXXX, etc.

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key players

Regional Analysis:

> North America

>> US and Canada


> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America


> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe


> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe


> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific


> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa



This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on Market Segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market Dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

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