Table of Content


1 INTRODUCTION (Page No. - 26)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
                    TABLE 1 HYBRID POWER SOLUTIONS MARKET: INCLUSIONS AND EXCLUSIONS, BY SYSTEM TYPE
                    TABLE 2 HYBRID POWER SOLUTIONS MARKET: INCLUSIONS AND EXCLUSIONS, BY CAPACITY
                    TABLE 3 HYBRID POWER SOLUTIONS MARKET: INCLUSIONS AND EXCLUSIONS, BY GRID CONNECTIVITY
                    TABLE 4 HYBRID POWER SOLUTIONS MARKET: INCLUSIONS AND EXCLUSIONS, BY END USER
    1.3 MARKET SCOPE 
           1.3.1 MARKETS COVERED
           1.3.2 REGIONAL SCOPE
           1.3.3 YEARS CONSIDERED
           1.3.4 CURRENCY CONSIDERED
    1.4 LIMITATIONS 
    1.5 STAKEHOLDERS 
    1.6 RECESSION IMPACT 
    1.7 SUMMARY OF CHANGES 
2 RESEARCH METHODOLOGY (Page No. - 33)
    2.1 RESEARCH DATA 
           FIGURE 1 HYBRID POWER SOLUTIONS MARKET: RESEARCH DESIGN
    2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 
           FIGURE 2 DATA TRIANGULATION
           2.2.1 SECONDARY DATA
                    2.2.1.1 Key data from secondary sources
           2.2.2 PRIMARY DATA
                    2.2.2.1 Key data from primary sources
                    2.2.2.2 Breakdown of primaries
    2.3 SCOPE 
           FIGURE 3 MAIN METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR HYBRID POWER SOLUTIONS
    2.4 MARKET SIZE ESTIMATION 
           2.4.1 BOTTOM-UP APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.4.2 TOP-DOWN APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
           2.4.3 DEMAND-SIDE ANALYSIS
                    2.4.3.1 Regional analysis
                    2.4.3.2 Country-level analysis
                    2.4.3.3 Assumptions for demand-side analysis
                    2.4.3.4 Calculations for demand-side analysis
           2.4.4 SUPPLY-SIDE ANALYSIS
                    FIGURE 6 KEY STEPS CONSIDERED TO ASSESS SUPPLY OF HYBRID POWER SOLUTIONS
                    FIGURE 7 HYBRID POWER SOLUTIONS MARKET: SUPPLY-SIDE ANALYSIS
                    2.4.4.1 Calculations for supply-side analysis
                    2.4.4.2 Assumptions for supply-side analysis
           2.4.5 FORECAST
    2.5 RISK ASSESSMENT 
    2.6 IMPACT OF RECESSION 
3 EXECUTIVE SUMMARY (Page No. - 45)
    TABLE 5 HYBRID POWER SOLUTIONS MARKET SNAPSHOT 
    FIGURE 8 SOUTH AMERICA TO REGISTER HIGHEST CAGR IN HYBRID POWER SOLUTIONS MARKET DURING FORECAST PERIOD 
    FIGURE 9 ABOVE 1 MW SEGMENT TO LEAD HYBRID POWER SOLUTIONS MARKET DURING FORECAST PERIOD 
    FIGURE 10 ON-GRID TO BE DOMINANT SEGMENT IN HYBRID POWER SOLUTIONS MARKET DURING FORECAST PERIOD 
    FIGURE 11 INDUSTRIAL SEGMENT TO LEAD HYBRID POWER SOLUTIONS MARKET DURING FORECAST PERIOD 
    FIGURE 12 SOLAR-WIND SEGMENT TO LEAD HYBRID POWER SOLUTIONS MARKET DURING FORECAST PERIOD 
4 PREMIUM INSIGHTS (Page No. - 49)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN HYBRID POWER SOLUTIONS MARKET 
           FIGURE 13 RISING ADOPTION OF RENEWABLE SOURCES IN POWER GENERATION
    4.2 HYBRID POWER SOLUTIONS MARKET, BY REGION 
           FIGURE 14 SOUTH AMERICAN HYBRID POWER SOLUTIONS MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
    4.3 NORTH AMERICAN HYBRID POWER SOLUTIONS MARKET, BY END USER AND COUNTRY 
           FIGURE 15 INDUSTRIAL SEGMENT AND US HELD LARGEST SHARES OF NORTH AMERICAN HYBRID POWER SOLUTIONS MARKET IN 2022
    4.4 HYBRID POWER SOLUTIONS MARKET, BY SYSTEM TYPE 
           FIGURE 16 SOLAR-WIND SEGMENT TO DOMINATE HYBRID POWER SOLUTIONS MARKET IN 2028
    4.5 HYBRID POWER SOLUTIONS MARKET, BY END USER 
           FIGURE 17 INDUSTRIAL SEGMENT TO ACCOUNT FOR LARGEST SHARE OF HYBRID POWER SOLUTIONS MARKET IN 2028
    4.6 HYBRID POWER SOLUTIONS MARKET, BY GRID CONNECTIVITY 
           FIGURE 18 ON-GRID SEGMENT TO ACCOUNT FOR LARGER SHARE OF HYBRID POWER SOLUTIONS MARKET IN 2028
    4.7 HYBRID POWER SOLUTIONS MARKET, BY CAPACITY 
           FIGURE 19 ABOVE 1 MW SEGMENT TO ACCOUNT FOR LARGEST SHARE OF HYBRID POWER SOLUTIONS MARKET IN 2028
5 MARKET OVERVIEW (Page No. - 53)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 20 HYBRID POWER SOLUTIONS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Increased hybrid power generation in off-grid locations
                               FIGURE 21 OFF-GRID CAPACITY, BY SOURCE, 2019–2021
                               FIGURE 22 OFFSHORE WIND INSTALLATION CAPACITY (GW), BY REGION, 2018–2050
                    5.2.1.2 Lower operating costs than conventional diesel generators
                               FIGURE 23 FLUCTUATIONS IN GLOBAL FUEL PRICES, 2015–2019
           5.2.2 RESTRAINTS
                    5.2.2.1 High initial investments
                               FIGURE 24 CAPITAL COST ASSOCIATED WITH SOLAR-DIESEL-BASED HYBRID POWER SOLUTIONS, BY COMPONENT (%)
                    5.2.2.2 Higher payback time than conventional diesel generators
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Reduction in carbon emissions
                               TABLE 6 EMISSION REDUCTION TARGETS
                    5.2.3.2 Growing requirement for uninterrupted power from telecom infrastructure operators
           5.2.4 CHALLENGES
                    5.2.4.1 Complex system integration
                    5.2.4.2 Solar panel failures
    5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 
           FIGURE 25 REVENUE SHIFTS AND NEW REVENUE POCKETS FOR PLAYERS IN HYBRID POWER SOLUTIONS MARKET
    5.4 ECOSYSTEM ANALYSIS 
           TABLE 7 HYBRID POWER SOLUTIONS MARKET: ECOSYSTEM ANALYSIS
           FIGURE 26 HYBRID POWER SOLUTIONS MARKET: ECOSYSTEM ANALYSIS
    5.5 VALUE CHAIN ANALYSIS 
           FIGURE 27 HYBRID POWER SOLUTIONS MARKET: VALUE CHAIN ANALYSIS
           5.5.1 RAW MATERIAL PROVIDERS/SUPPLIERS/COMPONENT MANUFACTURERS
           5.5.2 HYBRID POWER SOLUTION MANUFACTURERS/ASSEMBLERS
           5.5.3 SYSTEM INTEGRATORS
           5.5.4 DISTRIBUTORS/RESELLERS
           5.5.5 PROJECT DEVELOPERS AND ENGINEERING, PROCUREMENT, AND CONSTRUCTION (EPC) COMPANIES
           5.5.6 END USERS
           5.5.7 MAINTENANCE AND SERVICE PROVIDERS
    5.6 PRICING ANALYSIS 
           FIGURE 28 AVERAGE SELLING PRICE (ASP) OF HYBRID POWER SOLUTIONS, BY SYSTEM TYPE
           TABLE 8 AVERAGE SELLING PRICE (ASP) OF HYBRID POWER SOLUTIONS, BY SYSTEM TYPE (USD THOUSAND/MW)
           TABLE 9 AVERAGE SELLING PRICE (ASP) ANALYSIS, BY REGION (2021 AND 2028)
           FIGURE 29 AVERAGE SELLING PRICE (ASP) ANALYSIS, BY REGION (2021 AND 2028)
    5.7 TECHNOLOGY ANALYSIS 
           5.7.1 SMART MICROGRID
    5.8 TARIFFS, CODES, AND REGULATIONS 
           5.8.1 TARIFF RELATED TO HYBRID POWER SOLUTION UNITS
                    TABLE 10 TARIFF RELATED TO ELECTRIC MOTORS AND GENERATORS
                    TABLE 11 TARIFF RELATED TO HYDROGEN
           5.8.2 CODES AND REGULATIONS RELATED TO HYBRID POWER SOLUTIONS
           5.8.3 CARBON-REDUCTION POLICY TRENDS IN ENERGY INDUSTRY
           5.8.4 CLIMATE SOLUTIONS ACT
           5.8.5 REGULATIONS RELATED TO HYBRID POWER SOLUTIONS
                    TABLE 12 HYBRID POWER SOLUTIONS MARKET: REGULATIONS
    5.9 PATENT ANALYSIS 
           TABLE 13 HYBRID POWER SOLUTIONS MARKET: INNOVATIONS AND PATENT REGISTRATIONS
    5.10 TRADE ANALYSIS 
           5.10.1 EXPORT SCENARIO FOR ELECTRIC MOTORS AND GENERATORS
                    TABLE 14 EXPORT SCENARIO FOR HS CODE: 8501, BY COUNTRY, 2020–2022 (USD THOUSAND)
           5.10.2 IMPORT SCENARIO FOR ELECTRIC MOTORS AND GENERATORS
                    TABLE 15 IMPORT SCENARIO FOR HS CODE: 8501, BY COUNTRY, 2020–2022 (USD THOUSAND)
    5.11 KEY CONFERENCES AND EVENTS, 2023–2024 
                    TABLE 16 HYBRID POWER SOLUTIONS MARKET: LIST OF CONFERENCES AND EVENTS
    5.12 CASE STUDY ANALYSIS 
           5.12.1 MAN ENERGY SOLUTIONS TACKLED CHALLENGE OF RELIABLE POWER SUPPLY BY COMBINING RENEWABLE ENERGY SOURCES WITH HIGHLY ADAPTABLE GENSETS
           5.12.2 MAN ENERGY SOLUTIONS BUILT NEW HYBRID POWER SYSTEM FOR MINING INDUSTRY
    5.13 PORTER’S FIVE FORCES ANALYSIS 
                    TABLE 17 HYBRID POWER SOLUTIONS MARKET: PORTER’S FIVE FORCES ANALYSIS
                    FIGURE 30 HYBRID POWER SOLUTIONS MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.13.1 THREAT OF SUBSTITUTES
           5.13.2 BARGAINING POWER OF SUPPLIERS
           5.13.3 BARGAINING POWER OF BUYERS
           5.13.4 THREAT OF NEW ENTRANTS
           5.13.5 INTENSITY OF COMPETITIVE RIVALRY
    5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 
           5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER
                    TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER (%)
           5.14.2 BUYING CRITERIA
                    FIGURE 32 KEY BUYING CRITERIA, BY END USER
                    TABLE 19 KEY BUYING CRITERIA, BY END USER
6 HYBRID POWER SOLUTIONS MARKET, BY SYSTEM TYPE (Page No. - 81)
    6.1 INTRODUCTION 
           FIGURE 33 HYBRID POWER SOLUTIONS MARKET, BY SYSTEM TYPE, 2022
           TABLE 20 HYBRID POWER SOLUTIONS MARKET, BY SYSTEM TYPE, 2021–2028 (USD MILLION)
    6.2 SOLAR-FOSSIL 
           6.2.1 INCREASING DEMAND FOR CLEAN ENERGY TO COMBAT CLIMATE CHANGE AND REDUCE GREENHOUSE GAS EMISSIONS
                    TABLE 21 SOLAR-FOSSIL: HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.3 WIND-FOSSIL 
           6.3.1 CAPABILITY TO ADDRESS INTERMITTENCY OF WIND ENERGY AND ENSURE STABLE AND RELIABLE ELECTRICITY SUPPLY
                    TABLE 22 WIND-FOSSIL: HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.4 SOLAR-WIND-FOSSIL 
           6.4.1 HIGH EFFICIENCY AND ABILITY TO OVERCOME CHALLENGES OF INTERMITTENT SOLAR AND WIND ENERGY
                    TABLE 23 SOLAR-WIND-FOSSIL: HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.5 SOLAR-WIND 
           6.5.1 RISING DEVELOPMENT OF LARGE-SCALE POWER PLANTS
                    TABLE 24 SOLAR-WIND: HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (USD MILLION)
    6.6 OTHERS 
           TABLE 25 OTHERS: HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (USD MILLION)
7 HYBRID POWER SOLUTIONS MARKET, BY CAPACITY (Page No. - 87)
    7.1 INTRODUCTION 
           FIGURE 34 HYBRID POWER SOLUTIONS MARKET, BY CAPACITY, 2022
           TABLE 26 HYBRID POWER SOLUTIONS MARKET, BY CAPACITY, 2021–2028 (USD MILLION)
    7.2 UP TO 100 KW 
           7.2.1 HIGH ADOPTION IN RESIDENTIAL SECTOR
                    TABLE 27 UP TO 100 KW: HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (USD MILLION)
    7.3 100 KW–1 MW 
           7.3.1 VERSATILITY AND ABILITY TO MEET SPECIFIC ENERGY NEEDS
                    TABLE 28 100 KW–1 MW: HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (USD MILLION)
    7.4 ABOVE 1 MW 
           7.4.1 INCREASING INVESTMENTS IN LARGE-SCALE HYBRID POWER PLANTS
                    TABLE 29 ABOVE 1 MW: HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (USD MILLION)
8 HYBRID POWER SOLUTIONS MARKET, BY GRID CONNECTIVITY (Page No. - 91)
    8.1 INTRODUCTION 
           FIGURE 35 HYBRID POWER SOLUTIONS MARKET, BY GRID CONNECTIVITY, 2022
           TABLE 30 HYBRID POWER SOLUTIONS MARKET, BY GRID CONNECTIVITY, 2021–2028 (USD MILLION)
    8.2 ON-GRID 
           8.2.1 GROWING NEED TO REDUCE POWER PEAK DEMAND AND GREENHOUSE GAS EMISSIONS
                    TABLE 31 ON-GRID: HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (USD MILLION)
    8.3 OFF-GRID 
           8.3.1 INCREASING REQUIREMENT FOR RELIABLE POWER IN REMOTE AREAS
                    TABLE 32 OFF-GRID: HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (USD MILLION)
9 HYBRID POWER SOLUTIONS MARKET, BY END USER (Page No. - 94)
    9.1 INTRODUCTION 
           FIGURE 36 HYBRID POWER SOLUTIONS MARKET, BY END USER, 2022
           TABLE 33 HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
    9.2 RESIDENTIAL 
           9.2.1 RISING NEED TO REDUCE RELIANCE ON TRADITIONAL GRID ELECTRICITY
                    TABLE 34 RESIDENTIAL: HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (USD MILLION)
    9.3 COMMERCIAL 
           9.3.1 GROWING ADOPTION TO MEET ENERGY NEEDS AND REDUCE OPERATIONAL COSTS
                    TABLE 35 COMMERCIAL: HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (USD MILLION)
    9.4 INDUSTRIAL 
           9.4.1 HIGH POWER REQUIREMENT IN REMOTE LOCATIONS
                    TABLE 36 INDUSTRIAL: HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (USD MILLION)
10 HYBRID POWER SOLUTIONS MARKET, BY REGION (Page No. - 98)
     10.1 INTRODUCTION 
               FIGURE 37 SOUTH AMERICAN HYBRID POWER SOLUTIONS MARKET TO REGISTER HIGHEST CAGR FROM 2023 TO 2028
               FIGURE 38 HYBRID POWER SOLUTIONS MARKET, BY REGION, 2022 (%)
               TABLE 37 HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (USD MILLION)
               TABLE 38 HYBRID POWER SOLUTIONS MARKET, BY REGION, 2021–2028 (MW)
     10.2 ASIA PACIFIC 
               FIGURE 39 ASIA PACIFIC: SNAPSHOT OF HYBRID POWER SOLUTIONS MARKET
             10.2.1 ASIA PACIFIC: RECESSION IMPACT
             10.2.2 BY SYSTEM TYPE
                       TABLE 39 ASIA PACIFIC: HYBRID POWER SOLUTIONS MARKET, BY SYSTEM TYPE, 2021–2028 (USD MILLION)
             10.2.3 BY CAPACITY
                       TABLE 40 ASIA PACIFIC: HYBRID POWER SOLUTIONS MARKET, BY CAPACITY, 2021–2028 (USD MILLION)
             10.2.4 BY END USER
                       TABLE 41 ASIA PACIFIC: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.2.5 BY GRID CONNECTIVITY
                       TABLE 42 ASIA PACIFIC: HYBRID POWER SOLUTIONS MARKET, BY GRID CONNECTIVITY, 2021–2028 (USD MILLION)
             10.2.6 BY COUNTRY
                       TABLE 43 ASIA PACIFIC: HYBRID POWER SOLUTIONS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
                       10.2.6.1 China
                                   10.2.6.1.1 Rising emphasis on diversifying energy sources and reducing reliance on traditional fossil fuels
                                                 TABLE 44 CHINA: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.2.6.2 India
                                   10.2.6.2.1 Adoption of renewable energy and sustainable practices to address energy security and environmental concerns
                                                 TABLE 45 INDIA: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.2.6.3 Japan
                                   10.2.6.3.1 Government-led policies, feed-in tariffs, and subsidies
                                                 TABLE 46 JAPAN: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.2.6.4 Australia
                                   10.2.6.4.1 Abundance of renewable energy resources and electrification of remote off-grid locations
                                                 TABLE 47 AUSTRALIA: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.2.6.5 South Korea
                                   10.2.6.5.1 Rapid industrialization and urbanization
                                                 TABLE 48 SOUTH KOREA: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.2.6.6 Taiwan
                                   10.2.6.6.1 Presence of favorable government policies
                                                 TABLE 49 TAIWAN: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.2.6.7 Rest of Asia Pacific
                                   TABLE 50 REST OF ASIA PACIFIC: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
     10.3 MIDDLE EAST & AFRICA 
               FIGURE 40 MIDDLE EAST & AFRICA: SNAPSHOT OF HYBRID POWER SOLUTIONS MARKET
             10.3.1 MIDDLE EAST & AFRICA: RECESSION IMPACT
             10.3.2 BY SYSTEM TYPE
                       TABLE 51 MIDDLE EAST & AFRICA: HYBRID POWER SOLUTIONS MARKET, BY SYSTEM TYPE, 2021–2028 (USD MILLION)
             10.3.3 BY CAPACITY
                       TABLE 52 MIDDLE EAST & AFRICA: HYBRID POWER SOLUTIONS MARKET, BY CAPACITY, 2021–2028 (USD MILLION)
             10.3.4 BY END USER
                       TABLE 53 MIDDLE EAST & AFRICA: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.3.5 BY GRID CONNECTIVITY
                       TABLE 54 MIDDLE EAST & AFRICA: HYBRID POWER SOLUTIONS MARKET, BY GRID CONNECTIVITY, 2021–2028 (USD MILLION)
             10.3.6 BY COUNTRY
                       TABLE 55 MIDDLE EAST & AFRICA: HYBRID POWER SOLUTIONS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
                       10.3.6.1 Egypt
                                   10.3.6.1.1 Growing adoption of sustainable energy practices
                                                 TABLE 56 EGYPT: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.3.6.2 Nigeria
                                   10.3.6.2.1 Renewable energy commitments
                                                 TABLE 57 NIGERIA: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.3.6.3 Senegal
                                   10.3.6.3.1 Renewable energy initiatives to diversify energy sources, reduce carbon emissions, and enhance energy security
                                                 TABLE 58 SENEGAL: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.3.6.4 South Africa
                                   10.3.6.4.1 Rapid urbanization and rising number of renewable energy projects
                                                 TABLE 59 SOUTH AFRICA: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.3.6.5 Rest of Middle East & Africa
                                   TABLE 60 REST OF MIDDLE EAST & AFRICA: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
     10.4 EUROPE 
               FIGURE 41 EUROPE: SNAPSHOT OF HYBRID POWER SOLUTIONS MARKET
             10.4.1 RECESSION IMPACT: EUROPE
             10.4.2 BY SYSTEM TYPE
                       TABLE 61 EUROPE: HYBRID POWER SOLUTIONS MARKET, BY SYSTEM TYPE, 2021–2028 (USD MILLION)
             10.4.3 BY CAPACITY
                       TABLE 62 EUROPE: HYBRID POWER SOLUTIONS MARKET, BY CAPACITY, 2021–2028 (USD MILLION)
             10.4.4 BY END USER
                       TABLE 63 EUROPE: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.4.5 BY GRID CONNECTIVITY
                       TABLE 64 EUROPE: HYBRID POWER SOLUTIONS MARKET, BY GRID CONNECTIVITY, 2021–2028 (USD MILLION)
             10.4.6 BY COUNTRY
                       TABLE 65 EUROPE: HYBRID POWER SOLUTIONS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
                       10.4.6.1 UK
                                   10.4.6.1.1 Strong commitment toward sustainable future and technological advancements
                                   TABLE 66 UK: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.4.6.2 Germany
                                   10.4.6.2.1 Shift toward renewable energy sources to decrease carbon emissions
                                   TABLE 67 GERMANY: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.4.6.3 Sweden
                                   10.4.6.3.1 Rising focus on reducing carbon emissions
                                   TABLE 68 SWEDEN: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.4.6.4 France
                                   10.4.6.4.1 Rising number of hybrid projects
                                   TABLE 69 FRANCE: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.4.6.5 Netherlands
                                   10.4.6.5.1 Advancements in hybrid power technologies
                                   TABLE 70 NETHERLANDS: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.4.6.6 Spain
                                   10.4.6.6.1 Declining costs of renewable energy technologies and favorable environment for solar-wind hybrid systems
                                   TABLE 71 SPAIN: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.4.6.7 Rest of Europe
                                   TABLE 72 REST OF EUROPE: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
     10.5 NORTH AMERICA 
             10.5.1 NORTH AMERICA: RECESSION IMPACT
             10.5.2 BY SYSTEM TYPE
                       TABLE 73 NORTH AMERICA: HYBRID POWER SOLUTIONS MARKET, BY SYSTEM TYPE, 2021–2028 (USD MILLION)
             10.5.3 BY CAPACITY
                       TABLE 74 NORTH AMERICA: HYBRID POWER SOLUTIONS MARKET, BY CAPACITY, 2021–2028 (USD MILLION)
             10.5.4 BY END USER
                       TABLE 75 NORTH AMERICA: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.5.5 BY GRID CONNECTIVITY
                       TABLE 76 NORTH AMERICA: HYBRID POWER SOLUTIONS MARKET, BY GRID CONNECTIVITY, 2021–2028 (USD MILLION)
             10.5.6 BY COUNTRY
                       TABLE 77 NORTH AMERICA: HYBRID POWER SOLUTIONS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
                       10.5.6.1 US
                                   10.5.6.1.1 Presence of sustainable energy landscape and increasing investments in hybrid projects
                                   TABLE 78 US: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.5.6.2 Canada
                                   10.5.6.2.1 Increasing investments in renewable energy sources attributed to supportive government policies, incentives, and grants
                                   TABLE 79 CANADA: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.5.6.3 Mexico
                                   10.5.6.3.1 Technological advancements and decreasing renewable energy costs
                                   TABLE 80 MEXICO: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
     10.6 SOUTH AMERICA 
             10.6.1 SOUTH AMERICA: RECESSION IMPACT
             10.6.2 BY SYSTEM TYPE
                       TABLE 81 SOUTH AMERICA: HYBRID POWER SOLUTIONS MARKET, BY SYSTEM TYPE, 2021–2028 (USD MILLION)
             10.6.3 BY CAPACITY
                       TABLE 82 SOUTH AMERICA: HYBRID POWER SOLUTIONS MARKET, BY CAPACITY, 2021–2028 (USD MILLION)
             10.6.4 BY END USER
                       TABLE 83 SOUTH AMERICA: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
             10.6.5 BY GRID CONNECTIVITY
                       TABLE 84 SOUTH AMERICA: HYBRID POWER SOLUTIONS MARKET, BY GRID CONNECTIVITY, 2021–2028 (USD MILLION)
             10.6.6 BY COUNTRY
                       TABLE 85 SOUTH AMERICA: HYBRID POWER SOLUTIONS MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
                       10.6.6.1 Brazil
                                   10.6.6.1.1 Government-led regulations and initiatives to combat climate change
                                   TABLE 86 BRAZIL: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.6.6.2 Chile
                                   10.6.6.2.1 Rising focus on reducing dependence on imported fossil fuels
                                   TABLE 87 CHILE: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
                       10.6.6.3 Rest of South America
                                   TABLE 88 REST OF SOUTH AMERICA: HYBRID POWER SOLUTIONS MARKET, BY END USER, 2021–2028 (USD MILLION)
11 COMPETITIVE LANDSCAPE (Page No. - 132)
     11.1 OVERVIEW 
             11.1.1 KEY STRATEGIES ADOPTED BY MAJOR PLAYERS
                       TABLE 89 HYBRID POWER SOLUTIONS MARKET: KEY STRATEGIES ADOPTED BY MAJOR PLAYERS, 2018–2022
     11.2 MARKET SHARE ANALYSIS, 2022 
               FIGURE 42 HYBRID POWER SOLUTIONS MARKET SHARE ANALYSIS, 2022
     11.3 REVENUE ANALYSIS, 2018–2022 
               FIGURE 43 HYBRID POWER SOLUTIONS MARKET: REVENUE ANALYSIS, 2018–2022
     11.4 COMPANY EVALUATION MATRIX, 2022 
             11.4.1 STARS
             11.4.2 PERVASIVE PLAYERS
             11.4.3 EMERGING LEADERS
             11.4.4 PARTICIPANTS
                       FIGURE 44 HYBRID POWER SOLUTIONS MARKET: COMPANY EVALUATION MATRIX, 2022
     11.5 COMPETITIVE BENCHMARKING 
               TABLE 90 SYSTEM TYPE: COMPANY FOOTPRINT
               TABLE 91 END USER: COMPANY FOOTPRINT
               TABLE 92 CAPACITY: COMPANY FOOTPRINT
               TABLE 93 GRID CONNECTIVITY: COMPANY FOOTPRINT
               TABLE 94 REGION: COMPANY FOOTPRINT
               TABLE 95 COMPANY FOOTPRINT
     11.6 COMPETITIVE SCENARIOS AND TRENDS 
               TABLE 96 HYBRID POWER SOLUTIONS MARKET: PRODUCT LAUNCHES, JANUARY 2019–JANUARY 2023
               TABLE 97 HYBRID POWER SOLUTIONS MARKET: DEALS, JANUARY 2019–JANUARY 2023
               TABLE 98 HYBRID POWER SOLUTIONS MARKET: OTHERS, JANUARY 2019–JANUARY 2023
12 COMPANY PROFILES (Page No. - 145)
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
     12.1 KEY PLAYERS 
             12.1.1 VERTIV GROUP CORP.
                       TABLE 99 VERTIV GROUP CORP.: COMPANY OVERVIEW
                       FIGURE 45 VERTIV GROUP CORP.: COMPANY SNAPSHOT
                       TABLE 100 VERTIV GROUP CORP.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.2 GENERAL ELECTRIC
                       TABLE 101 GENERAL ELECTRIC: COMPANY OVERVIEW
                       FIGURE 46 GENERAL ELECTRIC: COMPANY SNAPSHOT
                       TABLE 102 GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 103 GENERAL ELECTRIC: PRODUCT LAUNCHES
                       TABLE 104 GENERAL ELECTRIC: DEALS
                       TABLE 105 GENERAL ELECTRIC: OTHERS
             12.1.3 SIEMENS ENERGY
                       TABLE 106 SIEMENS ENERGY: COMPANY OVERVIEW
                       FIGURE 47 SIEMENS ENERGY: COMPANY SNAPSHOT
                       TABLE 107 SIEMENS ENERGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 108 SIEMENS ENERGY: DEALS
             12.1.4 VESTAS
                       TABLE 109 VESTAS: COMPANY OVERVIEW
                       FIGURE 48 VESTAS: COMPANY SNAPSHOT
                       TABLE 110 VESTAS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 111 VESTAS: OTHERS
             12.1.5 WÄRTSILÄ
                       TABLE 112 WÄRTSILÄ: COMPANY OVERVIEW
                       FIGURE 49 WÄRTSILÄ: COMPANY SNAPSHOT
                       TABLE 113 WÄRTSILÄ: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 114 WÄRTSILÄ: PRODUCT LAUNCHES
                       TABLE 115 WÄRTSILÄ: DEALS
                       TABLE 116 WÄRTSILÄ: OTHERS
             12.1.6 SMA SOLAR TECHNOLOGY AG
                       TABLE 117 SMA SOLAR TECHNOLOGY AG: COMPANY OVERVIEW
                       FIGURE 50 SMA SOLAR TECHNOLOGY AG: COMPANY SNAPSHOT
                       TABLE 118 SMA SOLAR TECHNOLOGY AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.7 HUAWEI TECHNOLOGIES CO., LTD.
                       TABLE 119 HUAWEI TECHNOLOGIES CO., LTD.: COMPANY OVERVIEW
                       TABLE 120 HUAWEI TECHNOLOGIES CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 121 HUAWEI TECHNOLOGIES CO. LTD.: PRODUCT LAUNCHES
             12.1.8 ZTE CORPORATION
                       TABLE 122 ZTE CORPORATION: COMPANY OVERVIEW
                       FIGURE 51 ZTE CORPORATION: COMPANY SNAPSHOT
                       TABLE 123 ZTE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.9 DELTA ELECTRONICS, INC.
                       TABLE 124 DELTA ELECTRONICS, INC.: COMPANY OVERVIEW
                       FIGURE 52 DELTA ELECTRONICS, INC.: COMPANY SNAPSHOT
                       TABLE 125 DELTA ELECTRONICS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 126 DELTA ELECTRONICS, INC.: DEALS
             12.1.10 LONGI
                       TABLE 127 LONGI: COMPANY OVERVIEW
                       FIGURE 53 LONGI: COMPANY SNAPSHOT
                       TABLE 128 LONGI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 129 LONGI: DEALS
             12.1.11 CHINT GROUP
                       TABLE 130 CHINT GROUP: COMPANY OVERVIEW
                       TABLE 131 CHINT GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.12 VERGNET SA
                       TABLE 132 VERGNET SA: COMPANY OVERVIEW
                       TABLE 133 VERGNET SA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.13 FRONIUS INTERNATIONAL GMBH
                       TABLE 134 FRONIUS INTERNATIONAL GMBH: COMPANY OVERVIEW
                       TABLE 135 FRONIUS INTERNATIONAL GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.14 PFISTERER HOLDING AG
                       TABLE 136 PFISTERER HOLDING AG: COMPANY OVERVIEW
                       TABLE 137 PFISTERER HOLDING AG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             12.1.15 MAN ENERGY SOLUTIONS
                       TABLE 138 MAN ENERGY SOLUTIONS: COMPANY OVERVIEW
                       TABLE 139 MAN ENERGY SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
     12.2 OTHER PLAYERS 
             12.2.1 DANVEST BV
             12.2.2 SILVER POWER SYSTEMS
             12.2.3 WUXI CHWAY TECHNOLOGY CO., LTD.
             12.2.4 FOSHAN TANFON ENERGY CO., LTD.
             12.2.5 CLEAR BLUE TECHNOLOGIES INC.
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 APPENDIX (Page No. - 184)
     13.1 INSIGHTS FROM INDUSTRY EXPERTS 
     13.2 DISCUSSION GUIDE 
     13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     13.4 CUSTOMIZATION OPTIONS 
     13.5 RELATED REPORTS 
     13.6 AUTHOR DETAILS