The report recognizes the following companies as the key players in the Global Remote Renewable Management System Market: Cummins, ETAP, Northern Power, OutBack Power and SMA
The other prominent vendors are: 6th Energy, Dexdyne, ABB and GE
Commenting on the report, an analyst said: “An increased number of disturbances in electricity supply through power grids worldwide has triggered the need for distributed energy generation systems. Increased adoption of wind and solar generation technologies will help reduce these power disturbances significantly as well. Large-scale storage batteries used in these systems reduce irregularities in power supply by providing electricity during a power shortage.”
According to the report, remote renewable management system improves economic performance, and asset management in renewable power generation. As renewable generation plants are located in remote locations, asset management and monitoring becomes cumbersome. The system analyzes key performance indicators (KPIs), equipment health, maintenance schedules, and application of field data, which reduces turnaround time by streamlining the workflow and improves profit margins by increasing system uptime.
Further, the report states that lack of industry standards is hindering the market growth.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Source: ASDReports - Market Research
Date: Aug 14, 2015