Global Automation Solution in Renewable Power Generation Market Report, History and Forecast 2014-2025, Breakdown Data by Manufacturers, Key Regions, Types and Application

Summary

Governments across the world are focusing on minimizing the emission of greenhouse gases and reducing the impact of global warming by incorporating several regulatory measures and protocols. These aggressive policies are contributing to the increased adoption of renewable sources for power generation. Technavio’s market research analysts have identified the focus of governments towards implement new policies to support the growth of green energy as one of the primary factors that will trigger the growth of the automation solutions market in renewable power generation industry in the coming years. For instance, in the Americas, the US Environmental Protection Agency has come up with guidelines that clearly state that power plants older than 25 years with capacities over 50 MW require upgradation. With the increasing investment in the renewable sector, the adoption of automation solutions will subsequently increase in the power industry, fueling the market’s growth prospects. 
The inception of the new business models will be one of the key trends gaining traction in the automation solution market in the renewable power generation industry during the next few years. With the increasing awareness and adaptability of renewable resources for generating power, the renewable energy sector will witness the emergence of new business models. Several countries across the world are witnessing the preference towards leasing since it bridges the gap between investors and the decentralized solar PV installation users.
The global Automation Solution in Renewable Power Generation market was 450 million US$ in 2018 and is expected to 980 million US$ by the end of 2025, growing at a CAGR of 11.7% between 2019 and 2025.

This report studies the Automation Solution in Renewable Power Generation market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Automation Solution in Renewable Power Generation in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
ABB
Emerson
General Electric
Rockwell Automation
Schneider Electric
Siemens
By the product type, the market is primarily split into
Solutions
Services
By the end users/application, this report covers the following segments
Solar Energy
Wind Energy
Others

We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives of this report are:
To study and analyze the global Automation Solution in Renewable Power Generation market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Automation Solution in Renewable Power Generation market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Automation Solution in Renewable Power Generation manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automation Solution in Renewable Power Generation with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Automation Solution in Renewable Power Generation submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

In this study, the years considered to estimate the market size of Automation Solution in Renewable Power Generation are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million USD) and volume (K MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automation Solution in Renewable Power Generation market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries

Available Customizations
With the given market data, offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Automation Solution in Renewable Power Generation market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.


Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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