Solar Farm Monitoring and Control Systems

The solar farm monitoring and control systems market research report delivers current market analysis and technology forecast. The market is expected to grow at a higher single-digit CAGR during the forecast period, due to the uncertainties ushered upon by the COVID-19 pandemic in the past years.

Solar Farm Monitoring and Control Systems: Renewable Energy Technologies Play a Critical Role in Achieving Climate Goals

The solar farm monitoring and control systems market took a strong hit in 2020 due to the COVID-19 pandemic and is expected to revive in 2021 and onward, subject to how the global economies deal with the existing pandemic situation.

The market revenue declined in 2020, as a majority of new projects have been impacted by the ongoing pandemic. All major economies witnessed a strong decline in 2020. The market is dominated by the Asian region, followed by the EMEA region, North America, and Latin America.

Climate change and the need to reduce carbon dioxide emissions have made headlines for the past several years. While a difference of opinion exists for the cause and effect of those, solar power generation is considered to be one of the most attractive energy sources in the global community to alleviate those concerns. Solar power is not just playing a part in reducing carbon emissions but is doing so at an impressive rate.

市場對太陽能農場monitoring and control systems is dominated by Huawei Technologies, SMA Solar, Sungrow, and Fimer. Overall, ARC’s analysis suggests that broad solar farm control portfolios clearly enable suppliers to garner defensible leadership positions.

Solar Farm Monitoring and Control Systems Strategic Issues

In addition to providing a five-year market forecast, the solar farm monitoring and control systems market research report provides detailed, quantitative current market data and addresses key strategic issues as follows.

Strategic Issue for Vendors: Ensure Compliance with Future Grid Codes

Suppliers of solar farm monitoring and control systems need to keep in mind the emergence of new grid codes around the world, as these codes have important implications for the network connection requirements of solar farms to the grid.

Strategic Issue for Users: Understand PV Certification

Solar PV certifications are complex and important, and this is where a lot of buyers run into trouble. Solar module certification helps in meeting strict safety and quality standards based on certain countries and market regions.

Strategic Issue for All Market Participants: COVID-19 Pandemic

The COVID-19 outbreak has caused disruptions to global supply chains and business operations. While the pandemic significantly impacted the 2020 demand for solar farm control systems, the market projections do take into account industry trends with ARC’s best estimates for how the COVID-19 pandemic will impact the solar farm monitoring and control systems market in different industry types.