Lewes, DE -- (SBWIRE) -- 08/21/2015 -- Report forecast the global remote renewable management system market to grow at a CAGR of 8.7% over the period 2014-2019.

Effective management of renewable plants depends on remote control centers due to size of plants and their geographical spread. Advanced control and communication systems such as SCADA, intelligent electronic devices (IEDs), and plant security systems are essential to optimize performance, increase ROI, and meet grid requirements and contractual obligations.

Remote renewable management systems improve visibility of renewable generation plants by remotely managing assets such as generators, rectifiers, batteries, air conditioners, cooling fans, and filters. They assist in asset monitoring and controlling, collection and analysis of data, remote surveillance, and sending out alarms based on instant analysis.

The global remote renewable management system market can be segmented into three divisions based on application: hardware, software, and services.

Global Remote Renewable Management System Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the landscape of the global remote renewable management system market and its growth prospects in the coming years. To calculate the market size, the report considers revenue generated from the segments in the market: hardware, software and services. The report also includes a discussion of the key vendors operating in this market.

According to the report, remote renewable management system improves economic performance, and asset management in renewable power generation. As renewable generation plants are located in remote locations, asset management and monitoring becomes cumbersome. The system analyzes key performance indicators (KPIs), equipment health, maintenance schedules, and application of field data, which reduces turnaround time by streamlining the workflow and improves profit margins by increasing system uptime.

Key regions
- Americas
- EMEA
- APAC

Key players in the Global Remote Renewable Management System Market: Cummins, ETAP, Northern Power, OutBack Power and SMA

The other prominent vendors are: 6th Energy, Dexdyne, ABB and GE

Market driver
- Benefits of remote renewable management system
- For a full, detailed list, view our report

Market challenge
- Lack of industry standards
- For a full, detailed list, view our report

Market trend
- Development of centralized remote control
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 59 pages "Global Remote Renewable Management System Market 2015-2019" report covers Executive Summary, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market segmentation by application, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix

For further information on this report, please visit-
http://www.marketresearchreports.com/technavio/global-remote-renewable-management-system-market-2015-2019

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