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Global Remote Renewable Management Systems Market 2017-2021

Global Remote Renewable Management Systems Market 2017-2021

About Remote Renewable Management Systems

The remote renewable management system optimizes and centralizes operations of clean energy manufacturers by providing an extensive range of solutions, such as real-time monitoring, weather and production forecasting, high scalability to manage multiple sources of energy, such as hundreds of wind turbines, along with integration with the other systems. The global remote renewable management systems market is primarily dependent on the number of renewable energy projects that are in operation.

Technavio’s analysts forecast the global remote renewable management systems market to grow at a CAGR of 7.69% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global remote renewable management systems market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Remote Renewable Management Systems Market 2017-2021, 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
  • Cummins
  • Northern Power Systems
  • OutBack Power
  • SMA Solar Technology
Other prominent vendors
  • 6th Energy
  • ABB
  • Dexdyne
  • GE
  • ETAP
  • DNV GL
  • CGI Group
  • ISOTROL
  • GREENBYTE
  • Advantech
  • Ameresco
  • CivicSolar
  • Photon Energy
  • Nova Energy
  • Enfo
Market driver
  • Benefits of remote renewable management systems
  • For a full, detailed list, view our report
Market challenge
  • High operational costs
  • For a full, detailed list, view our report
Market trend
  • Development of centralized remote control
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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 Remote Renewable Management Systems Market 2017-2021

Technavio recognizes the following companies as the key players in the global remote renewable management systems market: Cummins, Northern Power Systems, OutBack Power, and SMA Solar Technology.

Other Prominent Vendors in the market are: 6th Energy, ABB, Dexdyne, GE, ETAP, DNV GL, CGI Group, ISOTROL, GREENBYTE, Advantech, Ameresco, CivicSolar, Photon Energy, Nova Energy, and Enfo.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is development of centralized remote control. An increasing number of vendors in the market are offering centralized software solutions that monitor and control the entire renewable plant and enhance the user interface and convenience. The equipment is connected to the remote communication terminal (RCT) which transmits the information through a Modbus or an Ethernet.”

According to the report, one driver in the market is benefits of remote renewable management systems. Remote renewable management systems are basically platforms that monitor and control the entire portfolio of renewables in real time. They also simultaneously manage the project's operational performance. As the efficiency of the renewable power plants is increased, losses are reduced leading to increased revenues. The remote renewable management system, on the basis of evaluation losses, prioritizes the intervention of the system. Due to remote management, there is a faster response to failures, which results in the higher availability of the power plant along with decreased downtime.

Further, the report states that one challenge in the market is high operational costs. High initial costs of production and the implementation of renewable energy generation systems are affecting the market growth. This is because the installation, operation, and maintenance of renewable energy plants and assets are cost intensive. Also, the production of energy from various renewable source systems, such as solar panels and wind turbines, is expensive as it involves the use of advanced innovative technologies.

Companies Mentioned

Cummins, Northern Power Systems, OutBack Power, SMA Solar Technology, 6th Energy, ABB, Dexdyne, GE, ETAP, DNV GL, CGI Group, ISOTROL, GREENBYTE, Advantech, Ameresco, CivicSolar, Photon Energy, Nova Energy, and Enfo.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Segmentation of global remote renewable management systems market
    • Market size and forecast
      • Table Global remote renewable management systems market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global remote renewable management systems market by application
      • Table Global remote renewable management systems market by application 2016-2021 (%)
    • Global remote renewable management systems market by software
      • Table Global remote renewable management systems market by software 2016-2021 ($ millions)
    • Global remote renewable management systems market by hardware
      • Table Global remote renewable management systems market by hardware 2016-2021 ($ millions)
      • Table Hardware required in remote renewable management systems
    • Global remote renewable management systems market by services
      • Table Global remote renewable management systems market by services 2016-2021 ($ millions)
  • Geographical segmentation
    • Global remote renewable management systems market by geography
      • Table Global remote renewable management systems market by geography 2016-2021 (%)
      • Table Global remote renewable management systems market by geography 2016-2021 ($ millions)
    • Remote renewable management systems market in Americas
      • Table Remote renewable management systems market in Americas 2016-2021 ($ millions)
    • Remote renewable management systems market in EMEA
      • Table Remote renewable management systems market in EMEA 2016-2021 ($ millions)
    • Remote renewable management systems market in APAC
      • Table Remote renewable management systems market in APAC 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Number of parties ratified for Paris climate agreement
    • Market challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Cummins
      • Table Key vendor offerings
      • Table Recent developments
    • Northern Power Systems
      • Table Key vendor offerings
      • Table Recent developments
    • OutBack Power
      • Table Key vendor offerings
      • Table Recent developments
    • SMA Solar Technology
      • Table Key vendor offerings
      • Table Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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