Global Nacelle-Mounted LIDAR Systems for Wind Industry 2017-2021 with Leosphere, SgurrEnergy, Windar Photonics & ZephIR Lidar Dominating

Dublin, Jan. 16, 2017 -- Research and Markets has announced the addition of the "Global Nacelle-Mounted Systems for Wind Industry 2017-2021" report to their offering.

The global nacelle mounted LIDAR systems market for wind industry to grow at a CAGR of 6.76% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global nacelle mounted LIDAR systems market for wind industry for 2017-2021. To calculate the market size, the report considers the revenue that were generated from the sale of the nacelle mounted LIDAR products in the wind sector. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is favorable policy environment for energy transition. Governments worldwide are realizing the potential and long-term benefits of utilizing wind energy. Within renewable energy, hydropower has been the most utilized. However, last few years have been marked by drastic weather changes in different parts of the world. Many countries have been struggling with ongoing droughts. This has made the governments to diversify their energy mix further.

According to the report, one of the major drivers for this market is growing adoption of LIDAR technology. The need to diversify the energy mix as a measure to decrease the dependence on fossil fuel and to control the CO2 emissions has led to the constant addition of wind energy. Before the wind farm is selected, developers check the wind resource availability and its potential. Wind power developers are using newer remote sensing technologies such as LIDAR that provide an accurate and reliable estimation of the wind yield.

Further, the report states that one of the major factors hindering the growth of this market is high cost of implementation. Nacelle LIDAR is a relatively new technology. Wind measurements have been carried out by met masts for over the past 30 years. They are relatively less expensive when compared to nacelle LIDAR; a lattice 80m met mast cost about $85,000 over a two-year life cycle whereas a nacelle LIDAR can cost upward of $100,000. One of the main purposes of the adoption of LIDAR is for correcting the yaw misalignment and measuring the wind resources.

Key vendors

• Leosphere
• SgurrEnergy
• Windar Photonics
• ZephIR Lidar

Other prominent vendors

• Epsiline
• Pentalum Technologies
• AXYS Technologies
• Avent Lidar Technology
• Mitsubishi Electric

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by application

Part 07: Geographical segmentation

Part 08: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape

Part 14: Key vendor analysis

Part 15: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/mss26x/global

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