Improving Operational Efficiency of Solar Assets Key to Future Revenue Growth
24-Oct-2019
North America
Market Research
9AAE-00-86-00-00
EG02029-NA-MR_23710
This research presents an in-depth analysis of the US PV Asset Management Systems Market. The high growth rates in PV installations since 2014 are now translating into a larger installed base that has to be managed. US solar capacity in 2017 stood at 46GW – by 2024 it will have more than doubled to reach 97.88GW. Declining costs are making projects increasingly attractive compared to conventional generation sources. Added to this are renewable portfolio standard targets in various states that mandate investment in renewable sources. Key states for market growth include: California, Arizona, North Carolina, New Mexico, Florida, Georgia, Texas, Colorado, and New York. California is by far the stand out market of all. Four of the largest investors that own utilities in the US are from California – Pacific Gas and Electric, Southern California Edison, San Diego Gas & Electric, and Los Angeles Department of Water and Power. These combined have over 15GW of installed capacity. Key drivers for growth in the market, besides increased capacity, will be a desire to reduce O&M costs, limiting downtime of solar assets, valuation of solar assets, and the need for managed documentation and reporting. Restraining factors will be high import tariffs on panels and the disconnect between O&M and asset management activities.
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Key Issues Addressed
- What is the growth potential in the US solar PV asset management market: Is the market growing; how long will it continue to grow for, and at what rate?
- What are the key states for market growth? What are the regulatory factors that ensure this growth?
- What are the drivers of and challenges to forecast capacity additions?
- Which companies are the main customers?
- Which companies are the key service providers in the market? What are the key elements in their offerings?
Author: Farah Saeed
Key Findings
Market Engineering Measurements
Market Engineering Measurements (continued)
Associated Multimedia and Related Research
Product Scope and Definitions
Product Scope and Definitions (continued)
Product Scope and Definitions (continued)
Market Overview
Market Overview (continued)
Market Overview (continued)
Market Distribution
Market Drivers
Drivers Explained
Drivers Explained (continued)
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Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Market Engineering Measurements
Market Engineering Measurements (continued)
Forecast Assumptions
Revenue Forecast
Revenue Forecast Discussion
Revenue Forecast Discussion (continued)
Revenue Forecast Discussion (continued)
Revenue Forecast Discussion (continued)
Market Share Analysis
Competitive Environment
3megawatt
Alectris
Powerhub
Locus Energy
Entry Barriers
Growth Opportunity 1—Manufacturing in Different Regions
Strategic Imperatives for Success and Growth
The Last Word—3 Big Predictions
Legal Disclaimer
Growing US Solar Portfolios
RPS with Solar Provision
Solar Capacity Projections
PV Asset Management Companies—US
List of Exhibits
The Frost & Sullivan Story
Value Proposition—Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
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Key Issues Addressed
- What is the growth potential in the US solar PV asset management market: Is the market growing; how long will it continue to grow for, and at what rate?
- What are the key states for market growth? What are the regulatory factors that ensure this growth?
- What are the drivers of and challenges to forecast capacity additions?
- Which companies are the main customers?
- Which companies are the key service providers in the market? What are the key elements in their offerings?
Author: Farah Saeed
| Deliverable Type | Market Research |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Farah Saeed |
| Industries | Energy |
| WIP Number | 9AAE-00-86-00-00 |
| Is Prebook | No |
| GPS Codes | 9836-A7,9AFE-A4,9AFF-A4,9B00-A4,9851,9852,GETE |
US PV Asset Management Systems Market, Forecast to 2025
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