As the world slowly shifts from fossil fuels to renewable energy, companies responsible for manufacturing solar panels and wind turbines are turning toward automation. Robots are replacing humans in fields like welding, coating, and assembling solar panels. The technology is improving rapidly, but there’s still a long way to go. Robotics in Renewable Energy Market is expected to witness strong growth over the forecast period owing to increasing need for automated solutions, increasing demand for green power, and increasing investments in research and development of robotics.
The global renewable energy market is likely to witness high growth, driven by factors such as increasing energy demands, global warming and declining costs of renewable energy. In addition, an increasing focus on reducing dependence on fossil fuels is driving investments in renewable energy. This energy sector is being revolutionized thanks to a number of technological innovations that have gained much attraction in the last few decades. Automation, artificial intelligence (AI), robotics, machine learning and big data are just a few of the technologies that have made their way into the energy sector in order to enhance efficiency and productivity.
The robotics in renewable energy market (wind, solar, hydro and bio fuels) is likely to grow at a CAGR of 22.1% between 2017 and 2027. The increasing focus on reducing dependence on fossil fuels is driving investments in renewable energy. In addition, the growing demand for electricity and increasing government initiatives to promote renewable energy sources are boosting the global renewable energy market, which in turn is fueling the growth of robotics in renewable energy market.
Large scale projects in the robotics in renewable energy market require large investments. In addition, the requirement of highly skilled labor for installation and operation is another major factor that is fueling the growth of the global robotics in renewable energy market. Geographically, the global robotics in renewable energy market has been segmented into Asia-Pacific, Europe, North America, South America and Rest of the World (RoW). Of these, the APAC region is likely to witness high growth, driven by factors such as increasing energy demands, global warming and declining costs of renewable energy. In addition, the increasing focus on reducing dependence on fossil fuels is driving investments in renewable energy.
Robots in Solar Energy Sector
Solar energy is a commonly used term to describe energy derived from the Sun’s radiation. Solar cells convert light into electrical energy, which can be used to power devices. Solar power is the use of sunlight to generate electricity. It is needed on a global level, with an estimated 60% of the world’s energy consumption being provided by fossil fuels. The International Energy Agency (IEA) estimates that worldwide, 80% of the energy consumed by humans is derived from fossil fuels.
Unmanned aerial vehicles (UAVs) and robots are automating tasks in the solar energy manufacturing, which improves efficiency and productivity. Automation solutions in solar plants help deliver high-quality products that meet stringent quality standards. They help companies improve quality, efficiency, and production output, leading to higher profit margins.
One of the areas of focus for solar manufacturers is efficiency. Robotic machines can handle larger jobs, reducing the number of workers needed. The capacity of each worker is also higher, so each worker can produce more solar panels.
Robots are also being used in more delicate tasks. It can take the place of humans in many jobs in building, installing and repairing solar panels.
Robots in Wind Energy Sector
The technological revolution in the wind energy sector has led to the development of automated systems that enable high-output wind turbines. Since the cost of wind energy is comparatively low, the governments are actively promoting the use of wind energy.Robots collect wind speed, direction, temperature and transmit the data to a central computer, and then either spin into position the way a lawn sprinkler does, or roll along on a track much like a camera dolly. The robots have sensors and motors that enable them to position themselves within 10 cm (4 in.) of where they should be, or roll to within 20 cm (8 in.) of where they should be, giving technicians and researchers the ability to collect data from hundreds of turbines.
The increasing number of large-scale wind farms and a steady increase in the electricity demand are the factors driving the growth of the wind energy market. With the increasing concerns related to environment, research and development activities on wind energy have also been substantially increasing in recent years.
Automation has made wind energy more efficient. if wind speeds exceed a certain threshold, the In charge can also adjust the speed of the turbine, or adjust the turbine’s tilt, based on wind speed and direction. These tweaks keep the turbine properly tuned and generate the most power or can do emergency shutdown, depending upon the data he receives.
Robots for hydro and bio fuel Energy
The energy sector has been one area where robots and automation have been notably successful, reducing production costs and improving efficiency. The use of robotics and automation has cut the cost of production across many industries, from manufacturing to agriculture. It can automate many oil and gas-related tasks, from drilling and production to well maintenance and repair. Robots are programmed to perform many tasks in energy, including: Handling, lifting and transporting, Inspection and repair, Inspection and testing of equipment, Generating and transmitting power.
These robots are programmed by artificial intelligence (AI), which uses sensory information, such as light, sound and smell, as well as input from other robots.
Market share
The Robotics in Renewable Energy Market is expected to grow from USD 2.7 billion in 2017 to USD 11.6 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 22.1% during the forecast period. The energy sector has been a major source of job generation. This sector has been developing at a fast pace over the years. Several factors such as the growing demand of energy, weak economy, and higher disposable income are driving the energy intensive industries to adopt robotics for automation. The Robotics in Renewable Energy Market (Component – Component such as Energy Picker, Energy Collector, Energy Processor, Energy Conveyer, Energy Storage, and Others), Energy (Energy from Renewable Sources such as Solar, Wind, Hydro, Biomass, and Others), and Geography (North America, Europe, Asia, and Rest of the World
