Off-grid power systems for remote sensing play a critical role when there is a lack of local or main grid power or a need for completely independent power. These systems rely largely on alternative power sources such as fuel cells and batteries. Therefore, in order to relieve pressure on the main grid, these systems are mostly installed in areas where complete independent systems and main grid lines are not accessible.
Furthermore, these power systems are used by a variety of regulatory systems, including Light Detection and Ranging (LiDAR) systems and Supervisory Control and Data Acquisition (SCADA) systems. Off-grid power systems for remote sensing are in great demand from a variety of end-use sectors, including wind energy and oil and gas. The booming oil and gas and wind energy sectors are focusing on infrastructure development, which is helping to fuel the overall growth of the global off-grid power systems for remote sensing market.
The worldwide off-grid power systems for remote sensing market has witnessed significant growth in recent years due to the increased demand for power protection produced by backup batteries and fuel cells. In addition, the increased deployment of new-age technologies like LiDAR and SCADA is fueling market expansion. Massive sums of money have been put into the development of offshore wind energy installations in recent years. Such advancements are also projected to aid in the overall growth of the global off-grid power systems for remote sensing market throughout the forecast period. Moreover, investments for research & development to build specific remote sensing products are likely to aid in the overall expansion of the worldwide market.
In terms of region, North America stood as the strongest region in deploying off-grid power systems for remote sensing in 2014. In the same year, Canada and the United States held more than over 85% market share of the North American off-grid power systems for remote sensing market. The expansion of the off-grid power systems for remote sensing market in North America can be linked to the advancement of the renewable energy sector, which has resulted in a decrease in oil prices.
With the start of green infrastructure projects with government funding for boosting energy efficiency in military, bioenergy, forestry, agriculture, and wind, Europe is predicted to show great potential in the off-grid power systems for remote sensing market.
Typically, off grid for remote sensing power systems are not connected to the main or local power grid. These systems are heavily reliant on secondary sources of power such as fuel cells and batteries. In addition to this, these systems are mainly deployed in places where complete standalone systems and the main grid lines are not available in order to reduce the pressure on the main grid. Furthermore, these power systems are being utilized by different regulatory systems such as Light Detection and Ranging (LiDAR) systems and Supervisory Control and Data Acquisition (SCADA) systems. Off grid power systems for remote sensing are in high demand from several end user application industries such as wind energy, and oil & gas among others. The developing oil & gas and wind energy industries are working on developing their infrastructure and are thus helping to drive the overall development of the global off grid remote sensing power systems market.
In recent years, the global off grid for remote sensing power systems market has been experiencing a promising demand because of the rise in need for power protection generated through back up batteries and fuel cells. In addition to this, growing adoption of new age systems such LiDAR and SCADA are also helping to fuel market growth. In recent years, there have been massive levels of investments poured in for the development of offshore wind energy plants. Such developments are also expected to help in the overall development of the global off grid for remote sensing power systems market in coming years of the forecast period. Furthermore, investment resources for the activities of research and development to create accurate remote sensing products is also expected to help in the overall growth of the global market. However, constant fluctuations in the costs of remote sensing power systems due to its varying capacity and sizes are projected to hamper market growth.
Off-grid power systems are those systems which are not linked with the main or local power grid. These systems are basically are dependent on a secondary source of power such as fuel cells and batteries. These off-grid systems are often employed in several circumstances such as at places where there are no grid lines, for reducing the load on the main grid, at places where power supply is unreliable, and where complete separate power is a must need. Off-grid power is being incessantly used by several monitoring systems such as LiDAR (Light Detection and Ranging) systems, SCADA (Supervisory Control and Data Acquisition) systems, and other remote monitoring devices. This market also drives demand for secondary sources of power such as fuel cells. These type of power systems are
Off-grid power systems for remote sensing are being employed several end-use industries such as wind energy and oil and gas. The developing infrastructure of the wind energy industry and oil and gas energy industry is expected to boost the demand for off-grid power systems for remote sensing. The global market for off-grid power systems for remote sensing is likely to witness a 7.35% CAGR from 2016 to 2024. The market was worth US$1,193.85 mn in 2016 and is likely to touch a valuation of US$2,105.95 mn by the end of 2024.
Battery backup employs batteries with nickel cadmium, lithium ion, and lead acid as a material for ensuring long battery life along with smooth performance. The technology of solar PV employs battery backup owing to irregular power supply associated with it. Based on technology, battery backup is expected to remain the leading segment in the global off-grid power systems market until the end of the forecast period. The growth of this segment is likely to be aided by the employment of advanced technologies and the inflow of investments in the production of batteries. Increasing investments in the manufacturing of batteries is resulting in the onset of advancements such as rise in energy for long running time and enhanced power for requirements in high current loads, especially in applications of remote sensing. Efforts are being taken to develop an advanced battery technology for applications remote sensing.
In terms of region, North America emerged as the leading region in terms of adoption of off-grid power systems for remote sensing with the maximum share in 2014. In the same year, Canada and the U.S. held approximately 85% in the off-grid power systems for remote sensing market of North America. The growth of the off-grid power systems for remote sensing market in North America can be attributed to progress of the renewable energy sector thus leading to a decline in the prices of oil. Europe is also expected to display significant potential in the off-grid power systems for remote sensing market with the onset of green infrastructural projects with government investments for enhancing energy efficiency in military, forestry, bioenergy, agriculture, and wind.
The leading players in the market are Energy Solutions (UK) Ltd., Evergreen Energy Technologies Inc., Ensol Systems Inc., HES Energy Systems Pte. Ltd., Victron Energy B.V., SFC Energy AG, Timber Line Electric and Control Corporation, UPS Systems Plc., Tycon Systems Inc., and Acumentrics Holding Corporation.
Table of Content
Section 01 Preface
Section 02 Executive Summary
Section 03 Industry Analysis
Section 04 Technology Overview
Section 05 End-user Overview
Section 06 – Regional Overview
Section 07
List of Tables
Table1.1 Global Off-Grid Power Systems for Remote Sensing Market: Snapshot
Table1.2 Global Off-Grid Power Systems for Remote Sensing Market, Revenue Estimates and Forecast, By Technology, 2014–2024 (US$ Mn)
Table1.3 Global Off-grid Power Systems for Remote Sensing Market, Estimates and Forecast, By End User, 2014–2024 (US$ Mn)
Table1.4 U.S. Off-grid Power Systems for Remote Sensing Market, By Technology, 2014–2024 (US$ Mn)
Table1.5 U.S. Off-grid Power Systems for Remote Sensing Market, By End User, 2014–2024 (US$ Mn)
Table1.6 Canada Off-grid Power Systems for Remote Sensing Market, By Technology, 2014–2024 (US$ Mn)
Table1.7 Canada Off-grid Power Systems for Remote Sensing Market, By End User, 2014–2024 (US$ Mn)
Table1.8 Mexico Off-grid Power Systems for Remote Sensing Market, By Technology, 2014–2024 (US$ Mn)
Table1.9 Mexico Off-grid Power Systems for Remote Sensing Market, By End User, 2014–2024 (US$ Mn)
Table1.10 Germany Off-grid Power Systems for Remote Sensing Market, By Technology, 2014–2024 (US$ Mn)
Table1.11 Germany Off-grid Power Systems for Remote Sensing Market, By End User, 2014–2024 (US$ Mn)
Table1.12 U.K. Off-grid Power Systems for Remote Sensing Market, By Technology, 2014–2024 (US$ Mn)
Table1.13 U.K. Off-grid Power Systems for Remote Sensing Market, By End User, 2014–2024 (US$ Mn)
Table1.14 Rest of Europe Off-grid Power Systems for Remote Sensing Market, By Technology, 2014–2024 (US$ Mn)
Table1.15 Rest of Europe Off-grid Power Systems for Remote Sensing Market, By End User, 2014–2024 (US$ Mn)
Table1.16 India Off-grid Power Systems for Remote Sensing Market, By Technology, 2014–2024 (US$ Mn)
Table1.17 India Off-grid Power Systems for Remote Sensing Market, By End User, 2014–2024 (US$ Mn)
Table1.18 China Off-grid Power Systems for Remote Sensing Market, By Technology, 2014–2024 (US$ Mn)
Table1.19 China Off-grid Power Systems for Remote Sensing Market, By End User, 2014–2024 (US$ Mn)
Table1.20 Rest of Asia Pacific Off-grid Power Systems for Remote Sensing Market, By Technology, 2014–2024 (US$ Mn)
Table1.21 Rest of Asia Pacific Off-grid Power Systems for Remote Sensing Market, By End User, 2014–2024 (US$ Mn)
Table1.22 South Africa Off-grid Power Systems for Remote Sensing Market, By Technology, 2014–2024 (US$ Mn)
Table1.23 South Africa Off-grid Power Systems for Remote Sensing Market, By End User, 2014–2024 (US$ Mn)
Table1.24 Rest of MEA Off-grid Power Systems for Remote Sensing Market, By Technology, 2014–2024 (US$ Mn)
Table1.25 Rest of MEA Off-grid Power Systems for Remote Sensing Market, By End User, 2014–2024 (US$ Mn)
Table1.26 Brazil Off-grid Power Systems for Remote Sensing Market, By Technology, 2014–2024 (US$ Mn)
Table1.27 Brazil Off-grid Power Systems for Remote Sensing Market, By End User, 2014–2024 (US$ Mn)
Table1.28 Rest of S&CA Off-grid Power Systems for Remote Sensing Market, By Technology, 2014–2024 (US$ Mn)
Table1.29 Rest of S&CA Off-grid Power Systems for Remote Sensing Market, By End User, 2014–2024 (US$ Mn)
List of Figures
Figure 1. Global Off-Grid Power Systems for Remote Sensing Market, Estimates and Forecast, By Revenue, 2014–2024 (US$ Mn)
Figure 2. Global Off-Grid Power Systems for Remote Sensing Market, % Market Revenue, By Region, 2014
Figure 3. Off-Grid Power Systems for Remote Sensing Market – Market Attractiveness Analysis, 2014
Figure 4. Global Off-Grid Power Systems for Remote Sensing Market Share, By Technology, By Revenue, 2014 and 2024
Figure 5. Global Battery Backup Segment, Revenue and Volume Estimates and Forecast, 2014–2024 (US$ Mn)
Figure 6. Global Fuel Cells Segment, Revenue and Volume Estimates and Forecast, 2014–2024 (US$ Mn)
Figure 7. Global Other Technologies Segment, Revenue and Volume Estimates and Forecast, 2014–2024 (US$ Mn)
Figure 8. Global Off-Grid Power Systems for Remote Sensing Market Share, By End User, By Revenue, 2014 and 2024
Figure 9. Global Oil & gas Segment, Revenue and Volume Estimates and Forecast, 2014–2024 (US$ Mn)
Figure 10. Global Wind Segment, Revenue and Volume Estimates and Forecast, 2014–2024 (US$ Mn)
Figure 11. Global Other end users Segment, Revenue and Volume Estimates and Forecast, 2014–2024 (US$ Mn)
Figure 12. Global Off-Grid Power Systems for Remote Sensing Market Share, By Region, By Revenue 2014 and 2024
Figure 13. North America Off-grid Power Systems for Remote Sensing Market, 2014 and 2024
Figure 14. Off-grid Power Systems for Remote Sensing Market – North America, By Technology, 2014–2024 (US$ Mn)
Figure 15. Off-grid Power Systems for Remote Sensing Market – North America, By End User, 2014–2024 (US$ Mn)
Figure 16. Europe Off-grid Power Systems for Remote Sensing Market, 2014 and 2024
Figure 17. Off-grid Power Systems for Remote Sensing Market – Europe, By Technology, 2014–2024 (US$ Mn)
Figure 18. Off-grid Power Systems for Remote Sensing Market – Europe, By End User, 2014–2024 (US$ Mn)
Figure 19. Asia Pacific Off-grid Power Systems for Remote Sensing Market, 2014 and 2024
Figure 20. Off-grid Power Systems for Remote Sensing Market – Asia Pacific, By Technology, 2014–2024 (US$ Mn)
Figure 21. Off-grid Power Systems for Remote Sensing Market – Asia Pacific, By End User, 2014–2024 (US$ Mn)
Figure 22. MEA Off-grid Power Systems for Remote Sensing Market, 2014 and 2024
Figure 23. Off-grid Power Systems for Remote Sensing Market – MEA, By Technology, 2014–2024 (US$ Mn)
Figure 24. Off-grid Power Systems for Remote Sensing Market – MEA, By End User, 2014–2024 (US$ Mn)
Figure 25. South and Central America Off-grid Power Systems for Remote Sensing Market, 2014 and 2024
Figure 26. Off-grid Power Systems for Remote Sensing Market – SCA, By Technology, 2014–2024 (US$ Mn)
Figure 27. Off-grid Power Systems for Remote Sensing Market –S&CA, By End User, 2014–2024 (US$ Mn)