Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Remote Power Generator Monitoring Market by Type (Diesel Generator, Gas-fired Generator), By Application (Commercial, Industry, Residential) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Remote Power Generator Monitoring Market by Type (Diesel Generator, Gas-fired Generator), By Application (Commercial, Industry, Residential) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 312355 4200 Service & Software 377 219 Pages 4.5 (40)
                                          

Market Overview:


The global remote power generator monitoring market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for uninterrupted power supply and the growing awareness about generator safety. The diesel generator segment is expected to dominate the global remote power generator monitoring market during the forecast period, owing to its high efficiency and durability. The gas-fired generators segment is projected to grow at a higher CAGR than other segments during the forecast period, as they are more environment-friendly and have low emissions. In terms of application, commercial establishments are expected to hold a major share of the global remote power generator monitoring market during the forecast period. This can be attributed to their need for reliable and uninterrupted power supply in order run their businesses smoothly.


Global Remote Power Generator Monitoring Industry Outlook


Product Definition:


Remote Power Generator Monitoring is the process of monitoring a power generator's performance and status from a remote location. This can be done using software or hardware that collects data from the generator and sends it to a central location for analysis. Remote Power Generator Monitoring is important because it allows operators to identify problems with the generator before they become serious, and take corrective action before there is an outage.


Diesel Generator:


Diesel generator is a power source used in case of electric failure due to grid failure, etc. It is an emergency power supply which works on diesel fuel and produces electricity. The main function of diesel generator set is to provide electrical energy when the primary sources fail or if the utility grid goes down. These generators are mostly used in case of natural disasters like floods, hurricanes, earthquakes, etc.


Gas-fired Generator:


A gas-fired generator is a power generating source that works on the combustion of gases. The most commonly used fuels are natural gas and petroleum diesel. They are extensively used owing to their low cost, easy availability, and high calorific value (BTU) content which makes them suitable for use in generators as well as other applications such as cooking stoves or heating systems.


Application Insights:


The industry application segment dominated the global market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to an increase in demand for R&D and installation of diesel generators at various industrial sites across the globe. Diesel generator sets are considered reliable power sources during emergencies as they offer continuous power supply without any hiccups or interruptions when connected to a mains electricity network.


Industrial applications include manufacturing facilities, chemical plants, oil & gas refineries and utility plants among others which require stable and uninterrupted power supply during emergencies including natural disasters such as earthquakes or floods owing to heavy losses incurred due to downtimes caused by these events on account of loss of production output resulting in high reliability requirements from industries ensuring adoption of remote power system monitoring solutions from commercial end-users.


Regional Analysis:


Asia Pacific regional market is anticipated to witness significant growth over the forecast period. The region accounted for a share of more than 30% in 2017 and is estimated to reach a market size exceeding USD X million by 2030. This can be attributed to the rising demand for reliable power supply in countries such as China, India, South Korea and Japan. Moreover, increasing investments in renewable energy generation sources are expected to drive industry expansion over the coming years.


North America held a substantial revenue share of around 25% in 2017 owing to growing demand from end-users such as residential sector and key industries including oil & gas exploration & production (E&P).


Growth Factors:


  • Increasing demand for uninterrupted power supply: The increasing demand for uninterrupted power supply is one of the key growth drivers for the remote power generator monitoring market. This is because with the help of remote power generator monitoring, organizations can identify and fix any issues with their generators in a timely manner, which helps to maintain a continuous flow of electricity.
  • Growing awareness about the benefits of remote power generator monitoring: There is a growing awareness about the benefits of remote power generator monitoring among end-users, which is fueling the growth of this market. Some of these benefits include improved efficiency and reduced downtime costs.
  • Rising number of data centers: The rising number of data centers across the globe is another major factor that is driving the growth of this market. Data centers are becoming increasingly important as they play a crucial role in powering today’s digital economy. As such, there is an increasing need for reliable and efficient generators to meet the energy requirements these data centers entail.

Scope Of The Report

Report Attributes

Report Details

Report Title

Remote Power Generator Monitoring Market Research Report

By Type

Diesel Generator, Gas-fired Generator

By Application

Commercial, Industry, Residential

By Companies

ABB, Cummins, Eaton, General Electric, Honeywell, Siemens

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

219

Number of Tables & Figures

154

Customization Available

Yes, the report can be customized as per your need.


Global Remote Power Generator Monitoring Market Report Segments:

The global Remote Power Generator Monitoring market is segmented on the basis of:

Types

Diesel Generator, Gas-fired Generator

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Commercial, Industry, Residential

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. ABB
  2. Cummins
  3. Eaton
  4. General Electric
  5. Honeywell
  6. Siemens

Global Remote Power Generator Monitoring Market Overview


Highlights of The Remote Power Generator Monitoring Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Diesel Generator
    2. Gas-fired Generator
  1. By Application:

    1. Commercial
    2. Industry
    3. Residential
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Remote Power Generator Monitoring Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Remote Power Generator Monitoring Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Remote power generator monitoring is a technology that allows you to remotely monitor your power generator’s performance. This can help you identify any issues early and ensure that your power generation system is running smoothly.

Some of the key players operating in the remote power generator monitoring market are ABB, Cummins, Eaton, General Electric, Honeywell, Siemens.

The remote power generator monitoring market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Remote Power Generator Monitoring Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Remote Power Generator Monitoring Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Remote Power Generator Monitoring Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Remote Power Generator Monitoring Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Remote Power Generator Monitoring Market Size & Forecast, 2020-2028       4.5.1 Remote Power Generator Monitoring Market Size and Y-o-Y Growth       4.5.2 Remote Power Generator Monitoring Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Diesel Generator
      5.2.2 Gas-fired Generator
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Commercial
      6.2.2 Industry
      6.2.3 Residential
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Remote Power Generator Monitoring Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Remote Power Generator Monitoring Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Diesel Generator
      9.6.2 Gas-fired Generator
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Commercial
      9.10.2 Industry
      9.10.3 Residential
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Diesel Generator
      10.6.2 Gas-fired Generator
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Commercial
      10.10.2 Industry
      10.10.3 Residential
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Diesel Generator
      11.6.2 Gas-fired Generator
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Commercial
      11.10.2 Industry
      11.10.3 Residential
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Diesel Generator
      12.6.2 Gas-fired Generator
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Commercial
      12.10.2 Industry
      12.10.3 Residential
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Diesel Generator
      13.6.2 Gas-fired Generator
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Commercial
      13.10.2 Industry
      13.10.3 Residential
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Remote Power Generator Monitoring Market: Competitive Dashboard
   14.2 Global Remote Power Generator Monitoring Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 ABB
      14.3.2 Cummins
      14.3.3 Eaton
      14.3.4 General Electric
      14.3.5 Honeywell
      14.3.6 Siemens

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