Smart Solar Market - Global Industry Analysis, Market Size, Share, Growth, Trends And Forecast 2014 - 2020
Description-
For Smart
Solar
The
increasing energy requirement leading to the depletion of natural
energy resources, increasing electricity bills and pollution has
created the need for the development of the energy management
solutions that can monitor, forecast and control our energy
consumptions and requirements. The advancements in the field of
electronics and information technology have enabled the development
of these devices. These devices are improving the already existing
solar energy solutions by providing a way to improve their functional
capabilities in terms of energy control and monitoring. The solar
energy solution that includes various solar devices and other
complete systems provides us the clean power, but lacks in areas
associated with the power demand and supply management. The smart
solar solutions
include services related to smart metering and demand response
management.
To
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The
segmentation of the smart solar market can be done on the basis of
components, services, solutions, applications and the location of the
major smart solar equipments around the globe. The basic smart solar
components include the smart metering devices, Supervisory Control
and Data Acquisition (SCADA) systems, Radio Frequency Identification
(RFID) and others. The major smart solar solutions include automated
meter reading by the use of smart metering devices, energy monitoring
by the use of Supervisory Control and Data Acquisition (SCADA)
systems, to manage and forecast the energy consumption and
production. The major services consist of the consulting and
management services related to the smart solar. The smart grids are
used to improve the operating characteristics of solar installations
and individual devices in order to reduce maintenance costs &
secure better grid stability as well as optimize performance and
proper management of distributed generation. The major application
areas of smart solar include the various solar panel installations in
industries, homes, solar farms, solar vehicles and other solar
devices. The various sectors for the application of smart solar
technology include healthcare, transportation, construction and
agriculture. The smart solar technologies in these applications will
not only create increased demand for new smart solar services but
also the smart solar enabled solar panels and other solar devices.
The
increasing research and development related to the field of smart
solar technologies, the growing need for better monitoring of demand
and supply for the purpose of forecast and cost management and the
increasing investments by the companies are the major drivers to the
smart solar market. The additional cost related to the deployment of
smart solar technologies and high cost involved in the maintenance
and manufacturing of smart solar devices are the major restraints to
the smart solar market. The increasing solar panel installations in
various countries can have direct implications on the smart solar
market and thus can act as the opportunity for this market.
Some
of the key players in the business of smart solar market are Siemens,
Cooper Industries, GE Energy, Smart Solar Solutions LLC, Schneider
Electric, Itron, HCL technologies, Intergraph, Smart Solar USA,
Echelon and Sun Power.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
Reasons
for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments
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