|[February 06, 2013]
Nearly 27,000 Off-Grid Remote Sensing Power Systems Using Renewable or Alternative Energy Will be Deployed Annually by 2020, Forecasts Pike Research
BOULDER, Colo. --(Business Wire)--
Remote sensing systems, including light detection and ranging (LIDAR)
and supervisory control and data acquisition (SCADA) systems for the oil
and gas industry, as well as remote monitoring using telemetry for
environmental applications, represent a growing market for off-grid
power. Increasingly this power is being supplied by renewable energy and
alternative sources, such as fuel cells and advanced batteries.
According to a new report from Pike
Research, a part of Navigant's Energy Practice, nearly 27,000 remote
sensing systems based on renewable and alternative energy will be
shipped annually by 2020.
"Off-grid power systems for remote sensing applications are increasingly
required to be self-contained, in terms of power and performance, for
many months at a time," says research director Kerry-Ann Adamson. "While
applications include river gauging stations, earthquake and tsunami
monitoring sites, and weather stations, the primary end-use is in the
oil and gas industry, which frequently pursues exploration and
production in more remote environments."
The industry serving this market remains small and fragmented, according
to the report. No single solution is set to become dominant. Currently,
the development of technology to provide enough power to these sites for
telemetry is focused on two tracks: trickle-charging the battery to
extend its operating life and (in the longer term) replacing the
battery. The aim of these new systems is to allow site autonomy of one
year or more.
The report, "Off-Grid
Power for Remote Sensing Applications", examines the market for
remote sensing systems using renewable or alternative energy, focusing
on remote sensing, LIDAR, and SCADA systems. Market drivers and barriers
for the use of renewable or alternative energy systems are detailed,
along with specific factors at work in the oil and gas industry. Market
forecasts for unit shipments and for revenues, segmented by application,
are provided through 2020. The report also includes profiles of key
industry players. An Executive Summary of the report is available for
free download on the Pike
About Pike Research (News - Alert)
Pike Research, which joined Navigant's global Energy Practice on July 1,
2012, provides in-depth analysis of global clean technology markets. The
team's research methodology combines supply-side industry analysis,
end-user primary research and demand assessment, and deep examination of
technology trends to provide a comprehensive view of the Smart Energy,
Smart Utilities, Smart Transportation, Smart Industry, and Smart
Buildings sectors. Additional information about Pike Research can be
found at www.navigant.com/pikeresearch.
Navigant (NYSE: NCI) is a specialized, global expert services firm
dedicated to assisting clients in creating and protecting value in the
face of critical business risks and opportunities. Through senior level
engagement with clients, Navigant professionals combine technical
expertise in Disputes and Investigations, Economics, Financial Advisory
and Management Consulting, with business pragmatism in the highly
regulated Construction, Energy, Financial Services and Healthcare
industries to support clients in addressing their most critical business
needs. More information about Navigant can be found at www.navigant.com.
* The information contained in this press release concerning the
report, "Off-Grid Power for Remote Sensing Applications," is a
summary and reflects Pike Research's current expectations based on
market data and trend analysis. Market predictions and expectations are
inherently uncertain and actual results may differ materially from those
contained in this press release or the report. Please refer to the full
report for a complete understanding of the assumptions underlying the
report's conclusions and the methodologies used to create the report.
Neither Pike Research nor Navigant undertakes any obligation to update
any of the information contained in this press release or the report.
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