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Global Off-grid Remote Sensing Power System Market 2016-2020

Global Off-grid Remote Sensing Power System Market 2016-2020

About Off-Grid Power Systems

The rise in energy demand is one of the primary causes for the growing dependence on off-grid power systems. The present amount of power generated by on-grid power systems is not sufficient to meet the global demand. Remote sensing technologies, such as supervisory control and data acquisition (SCADA), light detection and ranging (LiDAR), and remote monitoring systems that use telemetry are powered by off-grid power devices like fuel cells, batteries, and alternative energy.

Technavio’s analysts forecast the global off-grid remote sensing power system market to grow at a CAGR of 10.16% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global off-grid remote sensing power system market for 2016-2020. To calculate the market size, the report considers the revenue generated by the demand for off-grid remote sensing power systems from different end-users in each region and corresponding key countries.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Off-Grid Remote Sensing Power System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Acumentrics
  • Ensol Systems
  • HES
  • SFC Energy
  • Tycon Systems
Other prominent vendors
  • Victron Energy
  • Evergreen Energy Technologies
  • Timber Line Electric and Control
  • UPS Systems
Market driver
  • Need for improved infrastructure in oil and gas industry
  • For a full, detailed list, view our report
Market challenge
  • Deferred investments and projects
  • For a full, detailed list, view our report
Market trend
  • Developments in remote sensing industry
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Off-Grid Remote Sensing Power System Market 2016-2020

Technavio recognizes the following companies as the key players in the global off-grid remote sensing power system market: Acumentrics, Ensol Systems, HES, SFC Energy, and Tycon Systems.

Other Prominent Vendors in the market are: Victron Energy, Evergreen Energy Technologies, Timber Line Electric and Control, and UPS Systems.

Commenting on the report, an analyst from Technavio’s team said: “Developments in remote sensing industry will be a key trend for market growth. The offshore wind capacity is expected to grow as it is seen as an alternative source of power to reduce the CO₂ emission. Most of the remote sensing technologies such as LiDAR and sonic detection and ranging are being adopted in the wind industry due to the growing turbine size as taller METs are losing their advantage of being low-cost and reliable. Since LiDAR and sonic detection and ranging require constant power, these devices are being powered by solar PV, small wind turbines, and fuel cells.”

According to the report, rise in natural calamities will be a key driver for market growth. The 2004 Indian Ocean tsunami was one of the deadliest natural disasters. Samoa and Chile were hit by destructive tsunami waves in 2009 and 2010, respectively. In 2011, the east coast of Japan was devastated by the Tohoku earthquake and subsequent tsunami. The impact of these natural disasters in Tohoku caused a nuclear catastrophe in Japan. These disasters highlight the need for improved methodologies such as remote sensing for risk assessment, management, and mitigation. Though earthquakes cannot be predicted, a network of remote sensing devices can facilitate emergency response by providing early warnings about the location and tremor intensity to tsunami-prone regions.

Further, the report states that need for customization will be a challenge for the market. One of the key deciding factors for vendors of off-grid remote sensing power systems will be ensuring that the customization needs of the customers are met. Customers will have specific demands regarding the size and capacity of off-grid remote sensing power systems. These requirements will also vary based on industries; operating conditions, such as standard to hard and harsh conditions; and diverse project locations. Therefore, each project will require a different configuration of off-grid systems. Hence, there is a need to keep the price of the components of these systems reasonable to provide flexibility for vendors and customers.

Companies Mentioned

Acumentrics, Ensol Systems, HES, SFC Energy, Tycon Systems, Victron Energy, Evergreen Energy Technologies, Timber Line Electric and Control, and UPS Systems.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Major countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Market overview
      • Table Global off-grid remote sensing power system market 2015-2020 ($ millions)
      • Table Cost comparison of met mast and LiDAR
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-users
    • Global off-grid remote sensing power system market by end-users 2015-2020
      • Table Global off-grid remote sensing power system market by end-users 2015-2020
    • Global off-grid remote sensing power system market by end-users 2015-2020
      • Table Global off-grid remote sensing power system market by end-users 2015-2020 ($ millions)
    • Global off-grid remote sensing power system market in oil and gas industry
      • Table Global off-grid remote sensing power system market in oil and gas industry2015-2020 ($ millions)
    • Global off-grid remote sensing power system market in wind power industry
      • Table Global off-grid remote sensing power system market in wind power industry 2015-2020 ($ millions)
      • Table Data uncertainty comparison between LiDAR and met mast
    • Global off-grid remote sensing power system market in weather monitoring stations
      • Table Global off-grid remote sensing power system market in weather monitoring stations 2015-2020 ($ millions)
  • Geographical segmentation
    • Global off-grid remote sensing power system market by geography 2015-2020
      • Table Global off-grid remote sensing power system market by geography 2015-2020
    • Global off-grid remote sensing power system market by geography 2015-2020
      • Table Global off-grid remote sensing power system market by geography 2015-2020 ($ millions)
    • Off-grid remote sensing power system market in EMEA
      • Table Off-grid remote sensing power system market in EMEA 2015-2020 ($ millions)
    • Off-grid remote sensing power system market in Americas
      • Table Off-grid remote sensing power system market in Americas 2015-2020 ($ millions)
    • Off-grid remote sensing power system market in APAC
      • Table Off-grid remote sensing power system market in APAC 2015-2020 ($ millions)
  • Market drivers
    • Growth in wind power installations
      • Table Global wind installed capacity 2011-2015 (GW)
      • Table Levelized cost of electricity 2013-2014 ($/MWh)
    • Need for improved infrastructure in oil and gas industry
    • LiDAR for accurate wind speed measurement
      • Table Evolution of wind turbine size
    • Rise in natural calamities
      • Table Number of natural disaster occurred in 2000-2015
  • Impact of drivers
  • Market challenges
    • Need for customization
    • High initial investment for off-grid power system
    • Deferred investments and projects
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Developments in remote sensing industry
    • Increasing demand for remote sensing devices from EMEA
      • Table Net electricity generating installations undertaken in EU during 2000-2014 (MW)
  • Vendor landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Acumentrics
    • Ensol Systems
    • HES
      • Table HES: Product portfolio
    • SFC Energy
      • Table Off-grid remote solutions in SFC Energy
      • Table SES Energy: Product portfolio
    • Tycon Systems
      • Table Tycon Systems: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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