Off grid remote sensing power systems are in demand from various industries such as oil and gas, wind energy, etc. The developing oil and gas industry and wind energy industry infrastructure is proving to be a boon for the off grid remote sensing power system market. The market is expected to grow during the forecast period.
Off grid refers to the systems which are not connected to national or main electricity grid. These systems rely on a secondary power source such as battery, fuel cells, etc. Off grid systems are often used in various situations such as where the grid lines are not available, to reduce the load from the main grid, unreliable power or where 100% stand alone power is required. Off grid power is increasingly used by various monitoring systems, SCADA (supervisory control and data acquisition) systems, LIDAR (light detection and ranging) systems, etc.
The oil and gas industry uses off grid remote sensing power systems for various purposes such as natural gas and oil well head monitoring sites, natural gas pipeline monitoring sites. Other uses of off grid remote sensing power systems are in river gauging stations, weather stations, sea level monitoring systems, early flood warning sites, etc.. The market also drives the demand for secondary power sources such as fuel cells. These power systems used in remote sensing systems are available in different size and capacity. Off grid power systems are installed based upon the requirement of a remote sensing system to provide stable service for a long time.
The off grid remote sensing power system market can be segmented on the basis of end user industry into oil and gas industry, wind industry, weather stations and others. Oil and gas industry is expected to be the market leader in the off grid remote sensing power system market. The systems which are capable of working in extreme conditions are more in demand. The remote sensing systems also help oil and gas industry in continuously monitoring the operations and reduce any emission and oil spill which is very important to protect the environment. Oil and gas industry is very hazardous so the use of remote sensing systems also helps the operators to monitor the operations from distant locations without actually being in the facility.
Increasing energy demand and insufficient and unreliable supply by the power grid system is compelling the customers to invest in off grid power systems. Increasing investment in offshore wind energy plants will also create a demand for off grid remote sensing power system. Major players of the industry majorly focus on research and technology to develop a remote sensing product with highest accurate results. The end user industry is dependent on the data provided by the remote sensing systems for proper operations. Hence, accuracy of remote sensing system will play an important role in the growth of the off grid remote sensing power system market.
Some of the key players in off-grid remote sensing power system market include Tycon Power Systems, UPS Systems plc, Timber Line Electric and Control Corp., SFC Energy AG, Evergreen Energy Technologies Inc., Energy Solutions International Inc., Victron Energy bv, Istanbul Energy Solar, Horizon Energy Systems Pte. Ltd. Solar Power Australia, Ensol Systems, Acumentrics and others.
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