Global Solar Nowcasting Market Growth (Status and Outlook) 2024-2030
Solar nowcasting refers to the short-term prediction of solar energy generation, typically over minutes to a few hours. It involves using real-time data from weather satellites, ground-based sensors, and meteorological models to estimate the amount of solar radiation that will reach the Earth's surface. This is especially important for optimizing the performance of solar power plants and managing energy grids, as it helps anticipate fluctuations in solar energy due to changing weather conditions like cloud cover, atmospheric particles, and sun position. Accurate solar nowcasting ensures better integration of solar power into energy systems and enhances overall grid stability.
The global Solar Nowcasting market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (LP Information)' newest research report, the “Solar Nowcasting Industry Forecast” looks at past sales and reviews total world Solar Nowcasting sales in 2022, providing a comprehensive analysis by region and market sector of projected Solar Nowcasting sales for 2023 through 2029. With Solar Nowcasting sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Solar Nowcasting industry.
This Insight Report provides a comprehensive analysis of the global Solar Nowcasting landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Solar Nowcasting portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Solar Nowcasting market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Solar Nowcasting and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Solar Nowcasting.
United States market for Solar Nowcasting is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Solar Nowcasting is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Solar Nowcasting is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Solar Nowcasting players cover Solargis, IBM Research, Reuniwatt, DNV(Solcast), Open Climate Fix, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Solar Nowcasting market by product type, application, key players and key regions and countries.
Segmentation by Type:
Satellite-Based Nowcasting
Sky Imager-Based Nowcasting
Machine Learning-Based Nowcasting
Others
Segmentation by Application:
PV Power Station
Commercial
Residential
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Satellite-Based Nowcasting
Sky Imager-Based Nowcasting
Machine Learning-Based Nowcasting
Others
Segmentation by Application:
PV Power Station
Commercial
Residential
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Solargis
IBM Research
Reuniwatt
DNV(Solcast)
Open Climate Fix
NIWA
CSP Services
Vaisala Xweather
CalibSun
Fraunhofer ISE
Vaisala
Please note: The report will take approximately 2 business days to prepare and deliver.