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Research and Markets - Global Generation Management Systems Market CAGR Growth of 3.52% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Key Vendors: Emerson, Honeywell, Siemens

DUBLIN, September 5, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Generation Management Systems Market 2016-2020" report to their offering.

The global generation management systems market is forecast to grow at a CAGR of 3.52% during the period 2016-2020.

Commenting on the report, an analyst from the research team said that increased integration of power resources is one of the trends spurring growth for the market. Globally, efforts are being made to reduce the dependency on fossil fuel as it is one of the major contributors to emissions.

This has compelled governments to focus on cleaner fuel sources such as nuclear and renewables that have the potential to substitute fossil fuels without increasing the emission levels significantly. The governments, globally, have been supporting such technologies with the aid of lucrative policies, incentives, and rebates. Over the past two decades, the share of renewable and alternate sources of energy in the global energy mix has risen due to the major investments flowing from the US, China, and the EU.

According to the report, need for improved reliability is a key driver aiding to the growth of this market. Financial services are one of the most data-intensive industries. The deregulation of the power market has structurally changed the power sector. This has led to intense competition requiring the plant operators to improve the efficiency of the plants and provide reliable service to their customers. Therefore, to maximize their profits and stay ahead in the competition, utilities are adopting generation management systems that provide solutions for day to day operations for quick response times.

These systems are also designed to gather data from other departments for load forecasting and optimizing the power generation resources to provide continuous power to their consumers, while keeping the prices of electricity low. Profitable operation requires the power plants to run efficiently, have reduced maintenance costs and be failure proof.

Questions Answered:

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

Companies Mentioned:

  • ABB
  • GE-Alstom Grid
  • Open Systems International (OSI)
  • Siemens
  • Atos
  • Schneider Electric
  • Emerson
  • IBM
  • Honeywell
  • Customized Energy Solutions

Report Structure:

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: Key leading countries

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

PART 15: Key vendor analysis

PART 16: Appendix

PART 17: About the Author

For more information about this report visit http://www.researchandmarkets.com/research/td8s5d/global_generation

Related Topics: Energy and Natural Resources, Utilities, Electricity

Media Contact:

Research and Markets

Laura Wood, Senior Manager

press@researchandmarkets.com

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Fax (outside U.S.): +353-1-481-1716

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