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Automation Solution in Renewable Power Generation-Global Market Insights and Sales Trends 2024
Synopsis
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 global Automation Solution in Renewable Power Generation market size is expected to reach US$ 980.6 million by 2029, growing at a CAGR of 11.7% from 2023 to 2029. The market is mainly driven by the significant applications of Automation Solution in Renewable Power Generation in various end use industries. The expanding demands from the Solar Energy, Wind Energy and Others,, are propelling Automation Solution in Renewable Power Generation market. Solutions, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Services segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automation Solution in Renewable Power Generation, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automation Solution in Renewable Power Generation market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automation Solution in Renewable Power Generation market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automation Solution in Renewable Power Generation sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automation Solution in Renewable Power Generation covered in this report include ABB, Emerson, General Electric, Rockwell Automation, Schneider Electric and Siemens, etc.
The global Automation Solution in Renewable Power Generation market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Emerson
General Electric
Rockwell Automation
Schneider Electric
Siemens
Global Automation Solution in Renewable Power Generation market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automation Solution in Renewable Power Generation market, Segment by Type:
Solutions
Services
Global Automation Solution in Renewable Power Generation market, by Application
Solar Energy
Wind Energy
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Automation Solution in Renewable Power Generation companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
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 global Automation Solution in Renewable Power Generation market size is expected to reach US$ 980.6 million by 2029, growing at a CAGR of 11.7% from 2023 to 2029. The market is mainly driven by the significant applications of Automation Solution in Renewable Power Generation in various end use industries. The expanding demands from the Solar Energy, Wind Energy and Others,, are propelling Automation Solution in Renewable Power Generation market. Solutions, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Services segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automation Solution in Renewable Power Generation, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automation Solution in Renewable Power Generation market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automation Solution in Renewable Power Generation market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automation Solution in Renewable Power Generation sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automation Solution in Renewable Power Generation covered in this report include ABB, Emerson, General Electric, Rockwell Automation, Schneider Electric and Siemens, etc.
The global Automation Solution in Renewable Power Generation market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Emerson
General Electric
Rockwell Automation
Schneider Electric
Siemens
Global Automation Solution in Renewable Power Generation market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automation Solution in Renewable Power Generation market, Segment by Type:
Solutions
Services
Global Automation Solution in Renewable Power Generation market, by Application
Solar Energy
Wind Energy
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Automation Solution in Renewable Power Generation companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Automation Solution in Renewable Power Generation
1.1 Automation Solution in Renewable Power Generation Market Overview
1.1.1 Automation Solution in Renewable Power Generation Product Scope
1.1.2 Automation Solution in Renewable Power Generation Market Status and Outlook
1.2 Global Automation Solution in Renewable Power Generation Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Automation Solution in Renewable Power Generation Market Size by Region (2018-2029)
1.4 Global Automation Solution in Renewable Power Generation Historic Market Size by Region (2018-2023)
1.5 Global Automation Solution in Renewable Power Generation Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Automation Solution in Renewable Power Generation Market Size (2018-2029)
1.6.1 North America Automation Solution in Renewable Power Generation Market Size (2018-2029)
1.6.2 Europe Automation Solution in Renewable Power Generation Market Size (2018-2029)
1.6.3 Asia-Pacific Automation Solution in Renewable Power Generation Market Size (2018-2029)
1.6.4 Latin America Automation Solution in Renewable Power Generation Market Size (2018-2029)
1.6.5 Middle East & Africa Automation Solution in Renewable Power Generation Market Size (2018-2029)
2 Automation Solution in Renewable Power Generation Market by Type
2.1 Introduction
2.1.1 Solutions
2.1.2 Services
2.2 Global Automation Solution in Renewable Power Generation Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Automation Solution in Renewable Power Generation Historic Market Size by Type (2018-2023)
2.2.2 Global Automation Solution in Renewable Power Generation Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Automation Solution in Renewable Power Generation Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Automation Solution in Renewable Power Generation Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Automation Solution in Renewable Power Generation Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Automation Solution in Renewable Power Generation Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Automation Solution in Renewable Power Generation Revenue Breakdown by Type (2018-2029)
3 Automation Solution in Renewable Power Generation Market Overview by Application
3.1 Introduction
3.1.1 Solar Energy
3.1.2 Wind Energy
3.1.3 Others
3.2 Global Automation Solution in Renewable Power Generation Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Automation Solution in Renewable Power Generation Historic Market Size by Application (2018-2023)
3.2.2 Global Automation Solution in Renewable Power Generation Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Automation Solution in Renewable Power Generation Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Automation Solution in Renewable Power Generation Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Automation Solution in Renewable Power Generation Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Automation Solution in Renewable Power Generation Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Automation Solution in Renewable Power Generation Revenue Breakdown by Application (2018-2029)
4 Automation Solution in Renewable Power Generation Competition Analysis by Players
4.1 Global Automation Solution in Renewable Power Generation Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automation Solution in Renewable Power Generation as of 2022)
4.3 Date of Key Players Enter into Automation Solution in Renewable Power Generation Market
4.4 Global Top Players Automation Solution in Renewable Power Generation Headquarters and Area Served
4.5 Key Players Automation Solution in Renewable Power Generation Product Solution and Service
4.6 Competitive Status
4.6.1 Automation Solution in Renewable Power Generation Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ABB
5.1.1 ABB Profile
5.1.2 ABB Main Business
5.1.3 ABB Automation Solution in Renewable Power Generation Products, Services and Solutions
5.1.4 ABB Automation Solution in Renewable Power Generation Revenue (US$ Million) & (2018-2023)
5.1.5 ABB Recent Developments
5.2 Emerson
5.2.1 Emerson Profile
5.2.2 Emerson Main Business
5.2.3 Emerson Automation Solution in Renewable Power Generation Products, Services and Solutions
5.2.4 Emerson Automation Solution in Renewable Power Generation Revenue (US$ Million) & (2018-2023)
5.2.5 Emerson Recent Developments
5.3 General Electric
5.3.1 General Electric Profile
5.3.2 General Electric Main Business
5.3.3 General Electric Automation Solution in Renewable Power Generation Products, Services and Solutions
5.3.4 General Electric Automation Solution in Renewable Power Generation Revenue (US$ Million) & (2018-2023)
5.3.5 Rockwell Automation Recent Developments
5.4 Rockwell Automation
5.4.1 Rockwell Automation Profile
5.4.2 Rockwell Automation Main Business
5.4.3 Rockwell Automation Automation Solution in Renewable Power Generation Products, Services and Solutions
5.4.4 Rockwell Automation Automation Solution in Renewable Power Generation Revenue (US$ Million) & (2018-2023)
5.4.5 Rockwell Automation Recent Developments
5.5 Schneider Electric
5.5.1 Schneider Electric Profile
5.5.2 Schneider Electric Main Business
5.5.3 Schneider Electric Automation Solution in Renewable Power Generation Products, Services and Solutions
5.5.4 Schneider Electric Automation Solution in Renewable Power Generation Revenue (US$ Million) & (2018-2023)
5.5.5 Schneider Electric Recent Developments
5.6 Siemens
5.6.1 Siemens Profile
5.6.2 Siemens Main Business
5.6.3 Siemens Automation Solution in Renewable Power Generation Products, Services and Solutions
5.6.4 Siemens Automation Solution in Renewable Power Generation Revenue (US$ Million) & (2018-2023)
5.6.5 Siemens Recent Developments
6 North America
6.1 North America Automation Solution in Renewable Power Generation Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Automation Solution in Renewable Power Generation Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Automation Solution in Renewable Power Generation Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Automation Solution in Renewable Power Generation Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Automation Solution in Renewable Power Generation Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Automation Solution in Renewable Power Generation Market Dynamics
11.1 Automation Solution in Renewable Power Generation Industry Trends
11.2 Automation Solution in Renewable Power Generation Market Drivers
11.3 Automation Solution in Renewable Power Generation Market Challenges
11.4 Automation Solution in Renewable Power Generation Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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