Global Solar Industry Equipment Transportation Market 2017-2021 | Increasing Deployment of Microgrids to Drive Growth | Technavio

According to the market research report released by Technavio, the global solar industry equipment transportation market is expected to accelerate at a CAGR of over 7% during the forecast period. The increased requirement for safety and security is one of the key factors triggering the growth of the market.

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This research report titled ˜Global Solar Industry Equipment Transportation Market 2017-2021 provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

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The market research analysis categorizes the global solar industry equipment transportation market into the following mode of transportation:

  • Road
  • Rail
  • Sea
  • Air

In 2016, the road segment accounted for 40% of the global market and is projected to reach 41% by 2021, exhibiting almost 1% increase in market share.

Global solar industry equipment transportation market: Top emerging trend

The increasing deployment of microgrids is an emerging trend in the solar industry equipment transportation market. The need to overcome the challenges faced by traditional grids and to introduce a new level of sophistication for functioning in a highly-controlled environment has driven the need for microgrids. Microgrids are a composition of multiple energy generation sources, such as solar, wind, biomass, geothermal, and fossil fuel generators. They may also function independently to supply power to a local community, a university, or a military base, and are connected to the grid as a single point of load. A microgrid is usually accompanied by energy storage systems to address the intermittency of the renewables. The entire network is managed by an energy management system. Microgrids are proven to be resilient to natural calamities than traditional grids and provide power to a limited geography in times of failure of the main grid.

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Technavios report provides expert market research on the following topics:

Executive Report

  • Market Outline
  • Global Solar Industry Equipment Transportation Market Overview

Market Insights

  • Market Sizing and Forecasts
  • Market Growth
  • Market Drivers and Challenges
  • Key Emerging Trends

Market Segmentation Analysis

  • Regional comparison (APAC, Americas, and EMEA)
  • Key leading countries
  • Market segmentation by mode of transportation (road, rail, sea, and air)

Vendor Landscape

  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario
  • Analysis of top vendors (DB Schenker, DHL, Maersk Line)

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