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Smart Grid Sensors Market Production, Emerging Technologies and Comprehensive Research Study Till 2023
[March 07, 2019]

Smart Grid Sensors Market Production, Emerging Technologies and Comprehensive Research Study Till 2023

Market Overview: Then conventional power grid system is being modernized into smart grid to resolve the concerns such as power dissipation, concentrated information flow and growing concerns about security and consistency. Smart grid sensor offers various advantages such as it can be operated in extremely harsh weather conditions, and able to facilitate the efficient power distribution and transmission network. However, the rising number of electrical thefts in commercial and residential areas, the energy fault system, and operational ability of extreme weather conditions are expected to drive the market over the forecast period. Additionally, integration of smart grids with the Internet of things (IoT) is expected to be a better prospect over the forecast period 2017-2023. However, the high energy consumption of smart grids is presumed to hinder the growth of the market over the forecast period.

Get Sample of Report @ According to Market Research Future analysis, smart grid sensor market has been valued at approximately USD 4 billion growing at a CAGR of 18% during the forecast period 2017-2023.

Key Players Some of the key players of Smart Grid Sensors Market include General Electric Company (U.S.), ABB Ltd. (Switzerland), Oracle Corporation (U.S.), Cisco Systems, Inc. (U.S.),Siemens AG (Germany), Schneider Electric SA (France), Itron, Inc. (U.S.), Landis+Gyr (Switzerland), Tech Mahindra Ltd. (India),Aclara Technologies LLC (U.S.), S&C Electric Company (Illinois, U.S.), Esyasoft Technologies Pvt. Ltd. (India), Open Systems International, Inc. (Minnesota, U.S.), Wipro Ltd. (India), Kamstrup A/S (Denmark), Trilliant Holdings, Inc. (U.S.), NexGrid, LLC. (U.S.), Globema (Poland), EnerNOC, Inc. (U.S), and e-Smart Systems Pvt. Ltd. (India) Segmental Analysis The market for smart grid sensors is segmented on the basis of component, sensors, solutions, service, and application. On the basis of sensors, the market is segmented into outage detection sensors, voltage/temperature sensors, dynamic line rating sensors, transformer monitoring sensors, and others. The component segment of the market comprises of sensors, AMI meter, programmable logic controller (PLC), networking hardware, and others. The service segment is classified into deployment &integration, consulting, support & maintenance and others. On the basis of solutions, the market is segmented into smart grid distribution management, Advance Metering Infrastructure (AMI), grid asset management, substation automation, smart grid communication, and billing &customer information system. By application, the market segmentation consists of supervisory control and data acquisition (SCADA), smart energy meter, Advanced Metering Infrastructure (AMI), and others Detailed Regional Analysis The North American region is deduced to be the principal region in smart grid sensors market. The swelling number of smart grid solutions providers in the region will enhance the grid’s consistency. The European region is projected to have considerable growth over the forecast period. The nations such as France, Germany, and the U.K are the foremost countries in the region. This is accredited to the massive investments in research and development for offering innovative techniques to enhance the dissipation loss while transmitting the power to the general community. The Asia Pacific region is foreseen to be the fastest rising region in the market over the forecast period. India and China are the principal countries in the region to be a better potential region due to growing demand for the smart grid solutions.

Target Audience: Research Firms.

Government Agencies Smart grid technology solution providers Utility platform and analytics vendors System integrators/migration service providers Support and maintenance service providers Network service providers Utilities Get complete Report @ TABLE OF CONTENTS 1 Executive Summary 2 Scope Of The Report 2.1 Market Definition 2.2 Scope Of The Study 2.2.1 Research Objectives 2.2.2 Assumptions & Limitations 2.3 Markets Structure 3 Market Research Methodology 3.1 Research Process 3.2 Secondary Research 3.3 Primary Research 3.4 Forecast Model 4 Market Landscape 4.1 Porter’s Five Forces Analysis 4.1.1 Threat Of New Entrants 4.1.2 Bargaining Power Of Buyers 4.1.3 Threat Of Substitutes 4.1.4 Segment Rivalry 4.2 Value Chain/Supply Chain Of Global Smart Grid Sensor Market 5 Industry Overview Of Global Smart Grid Sensor Market 5.1 Introduction 5.2 Growth Drivers 5.3 Impact Analysis 5.4 Market Challenges 6 Market Trends 6.1 Introduction 6.2 Growth Trends 6.3 Impact Analysis Continued… Know More about this Report @ About Us: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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