Off-grid Remote Sensing Power Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2024
Off-grid power systems are power systems
that are not connected with the main or local grid system. Off-grid
power systems are dependent on a secondary power source, such as solar
energy, fuel cell, and natural gas, to become operational. Off-grid
power systems are often used in situations when main or local grid
system is unavailable or when 100% standalone power is required. These
systems are also employed to lower the load on the main grid.
Utilization of off-grid power system in applications such as SCADA
(Supervisory Control and Data Acquisition), LiDAR (Light Detection and
Ranging), and various remote sensing devices is increasing. Demand for
off-grid remote sensing power systems is perpetual in end-user
industries such as oil & gas and wind energy.
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Remote
sensing is used in many industries. For instance, it is employed in
airborne or satellite images taken to examine the health and viability
of crops in the agricultural industry. It is also used in forestry
applications in depletion monitoring of forests, agroforestry mapping,
burn delineation, biomass estimation, and coastal protection. Remote
sensing is widely employed in exploration activities, monitoring
hydrocarbon pipelines, lithological mapping, and environmental geology
in the oil & gas industry. Demand for energy is rising in various
countries. This is anticipated to propel the dependence on off-grid
power systems. The use of off-grid power system reduces the load on the
main grid, thus ensuring smooth running of remote sensing activities.
Off-grid power systems prove to be cost effective in remote locations,
when compared to extending a power line and connecting the remote
sensing system to the main grid. Successful standalone off-grid power
systems have an advantage of using a combination of technologies to
generate power and reduce the dependence on the main grid.
The
global market for off-grid remote sensing power systems can be
segmented based on power supply into natural gas, propane, methanol fuel
cell technology, solar, and hybrid solutions. The utilization of
natural gas, propane, and renewable energy for generating power helps
lower the emission of greenhouse gases. The power supply by using solar
energy includes utilizing solar PV cells for generating electricity.
These solar PV cells are made of silicon and convert sunlight into
electricity efficiently. Fuel cells are also an efficient means to
supply off-grid power to remote sensing systems. Fuel cells convert
chemical energy directly into electrical energy without any intermediate
steps. This helps lower the loss of energy. Fuel cells utilize
methanol, which is cheap, easily available, and easy to transport even
at remote locations.
In terms of region,
the off-grid remote sensing power systems market can be segmented into
North America, Asia Pacific, Europe, Latin America, and Middle East
& Africa. North America is anticipated to dominate the market, led
by the increasing usage of renewable energy for powering remote sensing
systems, due to the decline in oil and gas reserves. The market for
off-grid remote sensing power systems in Europe is expanding owing to
the presence of large wind energy capacity, especially in the U.K. and
Germany.
Ensol Systems Inc., SFC Energy,
Tycon Systems, HES, and Acumentrics are the key players operating in
the off-grid remote sensing power systems. Ensol System Inc. provides a
customized range of power solutions, which utilize a number of fuel
sources such as natural gas, ethanol fuel cell, and solar PV cell. The
company provides mobile tracker power solutions, which are built to
perform in harsh environments and work efficiently up to -400 C.
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report offers a comprehensive evaluation of the market. It does so via
in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and assumptions.
By doing so, the research report serves as a repository of analysis and
information for every facet of the market, including but not limited to:
Regional markets, technology, types, and applications.
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