Guidehouse Insights Estimates Monitoring and Controls Market for Solar and Storage Technologies Will Reach $3 Billion by 2031 – QNT Press Release

Market drivers include booming rates of adoption for solar and storage as well as demands for efficiency and security

BOULDER, Colo., Sept. 13, 2022 /PRNewswire/ — A new report from Guidehouse Insights explores the monitoring and controls (M&C) market for solar and storage technologies.

As the market for renewable energy systems, such as solar PV and energy storage, continues to proliferate around the globe, industry stakeholders increasingly recognize the enhanced value proposition that M&C solutions can deliver. These solutions can have a significant effect on optimizing the overall cost of energy with the help of sophisticated data analysis and sensors to detect any operational issues across these assets. According to a new report from Guidehouse Insights, the annual revenue additions for the solar and storage M&C market is expected to reach nearly nearly $3 billion by 2031.

“From SCADA gateways and data loggers to performance monitoring and predictive maintenance tools, the combination of sensing and measurement technologies and data analytics is providing asset …

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