MRC Announces the Publication of its Research Report – Global Automation Solution Market in Renewable Power Generation Industry 2018-2022
MRC recognizes the following companies as the key players in the global automation solution market in renewable power generation industry: ABB, Emerson, General Electric, Rockwell Automation, Schneider Electric, and Siemens.
Commenting on the report, an analyst from MRC’s team said: “One trend in the market is inception of new business models. With the increasing awareness and adaptability of renewable resources for generating power, new business models promising new ways to finance renewable energy are gaining traction. For instance, the concept of leasing is gaining popularity beyond the solar PV market in the US to Europe, India, China, the Pacific and, most recently, Africa.”
MRC recognizes the following companies as the key players in the global automation solution market in renewable power generation industry: ABB, Emerson, General Electric, Rockwell Automation, Schneider Electric, and Siemens.
Commenting on the report, an analyst from MRC’s team said: “One trend in the market is inception of new business models. With the increasing awareness and adaptability of renewable resources for generating power, new business models promising new ways to finance renewable energy are gaining traction. For instance, the concept of leasing is gaining popularity beyond the solar PV market in the US to Europe, India, China, the Pacific and, most recently, Africa.”
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According to the report, one driver in the market is aggressive policies supporting the growth of renewable power. To minimize the emission of greenhouse gases and reduce the impact of global warming, governments in both developed and developing countries are coming up with various policies, regulatory measures, and protocols that will act as a catalyst to increase the adoption of renewable sources for generating power.
Further, the report states that one challenge in the market is cost challenges due to retrofitting. Implementing automation in power plants provides a wide range of advantages. However, retrofitting automation solutions in conventional devices and machines requires significant investment and effort. This in turn requires a cost-benefit analysis, as companies need to justify investments made toward purchasing new systems.
Further, the report states that one challenge in the market is cost challenges due to retrofitting. Implementing automation in power plants provides a wide range of advantages. However, retrofitting automation solutions in conventional devices and machines requires significant investment and effort. This in turn requires a cost-benefit analysis, as companies need to justify investments made toward purchasing new systems.
Browse full report with Table of Content @ https://marketreportscenter.com/reports/574404/global-automation-solution-market-in-renewable-power-generation-industry-2018-2022
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Some points from TOC:-
Table of ContentsPART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis
PART 05: MARKET SIZING
• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition
PART 07: MARKET SEGMENTATION BY TECHNOLOGY
• Segmentation by technology
• Comparison by technology
• Solar energy – Market size and forecast 2017-2022
• Wind energy – Market size and forecast 2017-2022
• Others – Market size and forecast 2017-2022
• Market opportunity by technology
……………….Continued
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