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Smart Grid Market by Software, Hardware, Service, and Region - Global Forecast to 2022NEW YORK, July 25, 2017 /PRNewswire/ -- Government policies, legislative mandates, and regional government initiatives for smart meter roll-outs are driving the smart grid market North America is expected to contribute to the largest market share during the forecast period North America is expected to hold the largest market share and dominate the smart grid market from 2017 to 2022. The region has been extremely responsive toward adopting the latest technological advancements, such as Advanced Metering Infrastructure (AMI), smart grid distribution management, smart grid communication, and substation automation. The major growth drivers for this region are the large-scale investments in the smart grid and smart cities projects and the need for better smart grids and control mechanisms. The Middle East and Africa (MEA) region is in the initial growth phase; however, it is the fastest-growing region in the global smart grid market. The region has huge reservoirs of conventional and renewable energy sources. High adoption of solutions to minimize outages and revenue losses, along with better smart grid and control, has led to a wider demand of smart grid solutions in the MEA region. The break-up profiles of primary participants are given below: • By company: Tier 1: 41%, Tier 2: 35%, and Tier 3: 24% • By designation: C-level: 73%, Director level: 19%, and Others: 8% • By region: North America: 42%, Europe: 21%, APAC: 24%, and RoW: 13% The various key smart grid providers discussed in the report are given below: 1. General Electric Company (New York, US) 2. ABB Ltd. (Zurich, Switzerland) 3. Siemens AG (Munich, Germany) 4. Schneider Electric SA (Rueil-Malmaison, France) 5. Itron, Inc. (Washington, US) 6. Landis+Gyr (Zug, Switzerland) 7. Aclara Technologies LLC (Missouri, US) 8. Cisco Systems, Inc. (California, US) 9. Open Systems International, Inc. (Minnesota, US) 10. IBM Corporation (New York, US) 11. Wipro Ltd. (Karnataka, India) 12. Oracle Corporation (California, US) 13. S&C Electric Company (Illinois, US) 14. Eaton Corporation Plc (Dublin, Ireland) 15. Kamstrup A/S (Skanderborg, Denmark) 16. Trilliant Holdings, Inc. (North Carolina, US) 17. NexGrid, LLC. (Virginia, US) 18. Globema (Warsaw, Poland) 19. Tech Mahindra Ltd. (Maharashtra, India) 20. EnerNOC, Inc. (Massachusetts, US) 21. Fujitsu Ltd. (Tokyo, Japan) 22. Infrax Systems Inc. (Texas, US) 23. Esyasoft Technologies Pvt. Ltd. (Karnataka, India) 24. e-Smart Systems Pvt. Ltd. (Delhi, India) 25. Grid4C (Texas, US) Research Coverage The smart grid market has been segmented on the basis of software, hardware, services, and regions. A detailed analysis of the key industry players has been done to provide key insights into their business overviews; products and services; key strategies; new product launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the smart grid market. The report will help the market leaders/new entrants in this market in the following ways: • This report segments the smart grid market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across different regions. • This report helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities. • This report will help stakeholders to better understand the competitors and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers and acquisitions. Read the full report: http://www.reportlinker.com/p05018004/Smart-Grid-Market-by-Software-Hardware-Service-and-Region-Global-Forecast-to.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com _________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/smart-grid-market-by-software-hardware-service-and-region---global-forecast-to-2022-300494101.html SOURCE Reportlinker |