Solar Generator Market Report: Trends, Forecast and Competitive Analysis to 2030

Solar Generator Trends and Forecast

The future of the global solar generator market looks promising with opportunities in the oil and gas, electrical, residential, commercial, government, and academic applications. The global solar generator market is expected to reach an estimated $0.76 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are growing preference for clean and sustainable energy and increasing demand for independent backup power.

A more than 150-page report is developed to help in your business decisions.

Solar Generator by Segment

The study includes a forecast for the global solar generator by installation, power rating, battery type, application, and region.

Solar Generator Market by Installation [Shipment Analysis by Value from 2018 to 2030]:

• On-Grid
• Off-Grid

Solar Generator Market by Power Rating [Shipment Analysis by Value from 2018 to 2030]:

• Up to 500 W
• More than 500 W

Solar Generator Market by Battery Type [Shipment Analysis by Value from 2018 to 2030]:

• Lead-Acid
• Lithium-Ion

Solar Generator Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Oil and Gas
• Electrical
• Residential
• Commercial
• Government
• Academics

Solar Generator Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Solar Generator Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies solar generator companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the solar generator companies profiled in this report include-

• Goal Zero
• Hollandia Solar
• Altern
• Jaspak
• Sunvis Solar
• Biolite
• Powerenz

Solar Generator Market Insights

Lucintel forecasts that off-grid is expected to witness highest growth over the forecast period.

APAC is expected to witness highest growth over the forecast period due to rapid economic growth, rising urbanization, and expanding demand for energy in the region.

Features of the Global Solar Generator Market

Market Size Estimates: Solar generator market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Solar generator market size by various segments, such as by installation, power rating, battery type, application, and region in terms of ($B).

Regional Analysis: Solar generator market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different installations, power ratings, battery types, applications, and regions for the solar generator market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the solar generator market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the solar generator market size?

Answer: The global solar generator market is expected to reach an estimated $0.76 billion by 2030.

Q.2 What is the growth forecast for solar generator market?

Q.2 What is the growth forecast for solar generator market?

Q.3 What are the major drivers influencing the growth of the solar generator market?

Answer: The major drivers for this market are growing preference for clean and sustainable energy and increasing demand for independent backup power.

Q4. What are the major segments for solar generator market?

Answer: The future of the solar generator market looks promising with opportunities in the oil and gas, electrical, residential, commercial, government, and academic applications.

Q5. Who are the key solar generator market companies?

Answer: Some of the key solar generator companies are as follows:

• Goal Zero
• Hollandia Solar
• Altern
• Jaspak
• Sunvis Solar
• Biolite
• Powerenz

Q6. Which solar generator market segment will be the largest in future?

Answer: Lucintel forecasts that off-grid is expected to witness highest growth over the forecast period.

Q7. In solar generator market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to rapid economic growth, rising urbanization, and expanding demand for energy in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the solar generator market by installation (on-grid and off-grid), power rating (up to 500 W and more than 500 W), battery type (lead-acid and lithium-ion), application (oil and gas, electrical, residential, commercial, government, and academics), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?