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Global Solar Farm Automation Market 2016-2020

Global Solar Farm Automation Market 2016-2020

About Solar Farm Automation

A solar tracker is a device used to orient a solar panel or align a solar reflector or lens toward the sun. It ensures that the solar modules remain in the best position to harness the maximum energy from the sun. A solar tracker is bound to the panel so that the position of the latter can be changed based on the sun's position throughout the year. Solar tracking is an effective way to increase the efficiency of each solar panel. The two types of trackers used to increase the output from solar farms are single-axis and dual-axis solar trackers.

Technavio’s analysts forecast the global solar farm automation market to grow at a CAGR of 17.03% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global solar farm automation market for 2016-2020.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Solar Farm Automation 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
  • ABB
  • AllEarth Renewables
  • DEGER
  • Emerson Electric
  • First Solar
  • Mecasolar
Other prominent vendors
  • Abengoa Solar
  • Array Technologies
  • Arzon Solar
  • Energía ERCAM
  • Frontier Technology
  • General Electric
  • GRUPO CLAVIJO ELT
  • Haosolar
  • Heliopower
  • Honeywell International
  • Mitsubishi Electric
  • NEXTracker
  • Rockwell Automation
  • Siemens
  • Smarttrak Solar Systems
  • Trabant Solar
  • Yokogawa Electric
Market driver
  • Better efficiency through automation solutions
  • For a full, detailed list, view our report
Market challenge
  • High solar energy storage cost
  • For a full, detailed list, view our report
Market trend
  • Turnkey solutions lowering distributors' customer acquisition cost
  • 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 Solar Farm Automation Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Solar Farm Automation Market: ABB, AllEarth Renewables, DEGER, Emerson Electric, First Solar, and Mecasolar.

Other Prominent Vendors in the market are: Abengoa Solar, Array Technologies, Arzon Solar, Energía ERCAM, Frontier Technology, General Electric, GRUPO CLAVIJO ELT, Haosolar, Heliopower, Honeywell International, Mitsubishi Electric, NEXTracker, Rockwell Automation, Siemens, Smarttrak Solar Systems, Trabant Solar, and Yokogawa Electric.

Commenting on the report, an analyst from Technavio’s team said: “The price of solar farm automation solutions has declined considerably. This has put intense pressure on the profit margin of distributors. Thus, distributors, apart from selling automation equipment and software, are identifying ways to improve contractors' worth. Distributors are also forming partnerships with contractors on solar projects, including integrated and turnkey solutions. By offering a one-stop shop for project finance and automation equipment and solutions, distributors are strengthening relationships with the contractors. This reduces distributors' customer acquisition costs, and enhances revenue.”

According to the report, the adoption of solar trackers increases the efficiency of solar farms by 40%-45%. According to AllEarth Renewable, the adoption of company's dual axis solar tracker produces more than 50% energy compared to fixed solar panels. Similarly, DEGER claims that adoption of its DEGERtracker generates an additional 45% yield compared to fixed PV modules. Mecasolar, the dual axis solar tracker, produces 35% more energy compared to fixed installations.

Further, the report states that high storage costs of solar energy discourage the utilities and non-utilities sectors from investing in solar power farms. This has a direct impact on the growth of the global solar farm automation market.

Companies Mentioned

ABB, AllEarth Renewables, DEGER, Emerson Electric, First Solar, Mecasolar, Abengoa Solar, Array Technologies, Arzon Solar, Energía ERCAM, Frontier Technology, General Electric, GRUPO CLAVIJO ELT, Haosolar, Heliopower, Honeywell International, Mitsubishi Electric, NEXTracker, Rockwell Automation, Siemens, Smarttrak Solar Systems, Trabant Solar, Yokogawa Electric.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global solar automation market scope
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Global investment in renewable energy
    • Table Global investment in renewable energy 2010-2020 ($ billions)
  • Solar power market value chain
    • Table Solar power market value chain
  • Introduction
    • Key market highlights
    • Definitions for solar farm automation solutions
    • History of market growth
    • Future growth
  • Market landscape
    • Global solar farm automation market
      • Table Global solar farm automation market 2015-2020 ($ billions)
    • Ansoff Matrix
      • Table Global wind farm automation market: Ansoff Matrix
  • Market segmentation by products
    • Table Product segmentation 2015
    • Table Product segmentation 2020
    • Global solar farm automation market: Solar tracker
      • Table Global solar farm automation market: Solar tracker 2015-2020 ($ billions)
    • Global solar farm automation market: DCS
      • Table Global solar farm automation market: DCS 2015-2020 ($ millions)
      • Table Solar projects in developing countries
    • Global solar farm automation market: SCADA
      • Table Global solar farm automation market: SCADA 2015-2020 ($ millions)
    • Global solar farm automation market: PLC
      • Table Global solar farm automation market: PLC 2015-2020 ($ millions)
  • Geographical segmentation
    • Table Geographical segmentation 2015
    • Table Geographical segmentation 2020
    • Solar farm automation market in EMEA
      • Table Global solar farm automation market in EMEA 2015-2020 ($ billions)
    • Solar farm automation market in the Americas
      • Table Global solar farm automation market in Americas 2015-2020 ($ billions)
    • Solar farm automation market in APAC
      • Table Global solar farm automation market in APAC 2015-2020 ($ billions)
  • Market adoption rate by geography
    • Table Global solar farm automation market: Adoption rate forecast (2016-2020)
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Electricity production by energy source 2014
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competition overview
      • Table Global solar farm automation market: Leading vendors
      • Table Vendor market growth strategy
    • Company overview
      • Table ABB: Division-wise capital expenditure in 2014
      • Table ABB: Division-wise revenue in 2014
      • Table AllEarth Renewables: Key dealers
      • Table First Solar: Country-wise revenue breakup (2014)
    • Company financials
      • Table Company-wise solar farm automation solutions' reporting segments revenue 2012 to 2014 ($ billions)
      • Table Overall organizational level financials 2014
    • Competition business focus
      • Table R&D investment, focus, and activities
      • Table Partnership, mergers, and acquisitions
      • Table Contracts and projects
      • Table Awards, recognition, and certification
    • Other prominent vendors
      • Table Other prominent vendors
    • Key takeaways
  • Appendix
    • List of abbreviations
  • Explore Technavio

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