Albany, NY -- (SBWire) -- 01/27/2019 --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. Technavios 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 inrenewable powergeneration 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 markets growth prospects.

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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 decentralizedsolar PVinstallation users.

Global Automation Solution in Renewable Power Generation market size will reach 980 million US$ by 2025, from 450 million US$ in 2018, at a CAGR of 11.7% during the forecast period. In this study, 2017 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automation Solution in Renewable Power Generation.

This industry study presents the global Automation Solution in Renewable Power Generation market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automation Solution in Renewable Power Generation production, revenue and market share by manufacturers, key regions and type;

The consumption of Automation Solution in Renewable Power Generation in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders ABB, Emerson, etc.

The following manufacturers are covered in this report:
- ABB
- Emerson
- General Electric
- Rockwell Automation
- Schneider Electric
- Siemens

Automation Solution in Renewable Power Generation Breakdown Data by Type
- Solutions
- Services

Automation Solution in Renewable Power Generation Breakdown Data by Application
- Solar Energy
- Wind Energy
- Others

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The study objectives are:
- To analyze and research the global Automation Solution in Renewable Power Generation status and future forecastinvolving, production, revenue, consumption, historical and forecast.
- To present the key Automation Solution in Renewable Power Generation manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
- To segment the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

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