Who Leads the Residential PV Monitoring Market?

Mike Munsell, September 11, 2014

Solar PV monitoring is the suite of hardware, software and services that allows stakeholders to track and assess the production and performance of solar PV systems. According to GTM Research’s most recent report on the topic, more than 40 gigawatts of monitored PV were added globally in 2013. GTM Research breaks down the market into four segments: residential (up to 20 kilowatts), commercial (20 kilowatts to 1 megawatt), industrial (1 to 5 megawatts), and utility (5 megawatts and up).

The residential monitoring market added 2,115 megawatts in 2013, and that number is expected to more than double in 2016, with more than 4,300 megawatts forecasted in that year. Outpacing all other segments, it will account for 7.5 percent of all monitored megawatts deployed in 2016.

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