Wind power refers to the conversion of kinetic energy generated by wind turbines into electrical energy. Due to depletion of fossil fuels and increase in green house effects, usage of renewable energy is sustainable as it is obtained from sources that are inexhaustible. Wind power, which is a prominently recognized renewable energy, is a clean energy source that can be relied upon for long term. Wind power is a cost-effective, pollution free, affordable, clean and sustainable source of energy. Wind power automation system refers to real time monitoring of the wind power system. It is essentially, a wind turbine that uses an intuitive human-machine interface (HMI) providing timely access to the actual operating parameters. The automation system helps in the control, monitor and optimization of the activities related to wind power functioning. Automation system in essential in every wind power company in order to protect the wind power infrastructure components and to achieve maximum efficiency in power generation.
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Rise in concern towards the global environment and in efforts to reduce greenhouse effect, increase in global warming, and exhaustion of the conventional sources of energy are expected to drive the wind power automation system market. However available substitutes to wind power such as solar are gaining popularity. Thus the emerging renewable sources of energy are anticipated to hamper the growth of wind power automation system market. Furthermore, high cost involved in the installation of the system is a key challenge faced by the wind power automation system market. Moreover, difference in geographical conditions poses another threat for growth of the market. Government and private sectors are investing significantly on research on wind power automation in order to meet the increase in demand of electricity and to avoid adverse effects on environment. This, in turn, acts an opportunity for the firms who are actively seeking to penetrate the wind power automation system market and encourages collaborations between industries with research institutes for developing innovative solutions.
The global wind power automation system market can be segmented on basis of type of wind farms. Wind farms can be further divided into offshore wind farms and onshore wind farms. Offshore wind farms refer to the construction of wind farms on water bodies in order to generate electricity from wind, while onshore wind farms refer to the construction of wind farms on continental shelf. High maintenance cost of turbines, high costs of logistics, and lack of skilled manpower make the operation of offshore wind farms more challenging than that of onshore wind farms.
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Key players operating in the global wind power automation system market include, ABB, General Electric, Siemens AG, Emerson Electric, Bachmann electronic GmbH, Rockwell Automation, Inc., Mitsubishi, Axiomtek, Beckhoff, B&R Automation, Advantech and Vestas Wind Systems.