Lewes, DE -- (SBWIRE) -- 03/01/2016 -- Report forecast the global wind automation market to grow at a CAGR of 7.98% during the period 2016-2020.

The use of geared motors and drives, PLC, SCADA, and DCS has increased the efficiency of wind power electricity generation. The geared motor and drive component of a windmill controls the rotational speed and directions of the turbine. PLC, SCADA, and DCS solutions help in monitoring and controlling of the turbines. The solutions are also used to store, transmit, and distribute electricity generated through turbines and transferred to substations through electricity grids.

The report covers the present scenario and the growth prospects of the global wind automation market for 2016-2020. To calculate the market size, the report considers revenue generated from the automation solutions.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, rising demand for renewable energy has attracted heavy investments in solar, hydro, and wind power since 2010. A majority of the investments may be used as a capital fund to construct wind power plants. Capital investments include costs incurred in project development, government permissions, turbines, installation, commissioning, and other operational costs.

Further, the report states that many countries across the globe prefer coal, gas, and hydro as source for power generation compared to wind. The conventional power generation involves less capital expenditure compared to wind power generation. Hence, restricts the market growth.

Global Wind 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 players in the Global Wind Automation Market: ABB, Emerson Electric, Schneider Electric and Siemens.

Other Prominent Vendors in the market are: Bachmann electronic, Bonfiglioli, General Electric, Honeywell, Mitsubishi, Omron, Regal Beloit, Rockwell Automation, Vestas Wind Systems and Yokogawa Electric.

Market driver
- High investment in renewable energy projects
- For a full, detailed list, view our report

Market challenge
- High electricity production through conventional power source
- For a full, detailed list, view our report

Market trend
- Steep growth in offshore wind market
- 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?

Spanning over 60 pages and 35 Exhibit "Global Wind Automation Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Wind farm value chain, Wind automation industry life cycle, Global wind automation market, Market segmentation by products, Market segmentation by geography, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-wind-automation-market-2016-2020

Find all Wind Power report at: http://www.marketresearchreports.com/wind-power

About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions