Albany, NY -- (SBWire) -- 01/03/2017 --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.
The global off-grid remote sensing power system market to grow at a CAGR of 10.16% during the period 2016-2020. 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
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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
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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?
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Global off-Grid Remote Sensing Power System Market Trends, Size, Shares, Demands and Forecast 2016-2020
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