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.
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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
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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…
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At Market Research FutureSmart Grid Sensors, Smart Grid Sensors Market, Smart Grid Sensors Market Size (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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The report covers an overview of the industry along with a detailed explanation that provides a lot of insight.
The report also analyzes the production as well as management technology in various end-user industries.
An in-depth study in some new and prominent industry trends, analysis of the competition and regional analysis that is very detailed have been included in the report of the Smart Grid Sensors market for the review period of 2020 – 2027.There are many different factors that have caused the quick expansion of the Smart Grid Sensors market.
In addition to the above, government initiatives, as well as the competitive landscape that exists in the Smart Grid Sensors market through the forecast period, has been analyzed.Ask for report free sample with complete TOC and list of tables/figures @ https://www.datalibraryresearch.com/sample-request/smart-grid-sensors-market-133 Global Smart Grid Sensors Market Key Companies:Tollgrade, Coope(Eaton), Sentient, QinetiQ, ABB, GE, Arteche, Landis, Gyr, 3MThe base year of the study is 2020 and the forecast period stretches all the way till 2027.
This has led to the creation of a strong understanding of the market for the upcoming years.
In addition to this, different latent growth factors, opportunities and restraints are evaluated for this advanced study and suggestions are made for the market that pertains to the forecast period.SegmentationThe Smart Grid Sensors market covers different regions such as North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The Global Smart Grid Sensors Market Report is a comprehensive and in-depth study on the size, share, growth,trends, demand and estimation with a focus on the latest development.
The report provides key statistics on the market status with highlights on various important strategic such as mergers, acquisitions, partnership and other development.The broad smart grid sensors market has been sub-grouped into product and application.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunitie.Request a FREE Sample Copy of Smart Grid Sensors Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/smart-grid-sensors-market/download-sampleBy ProductCellular SensorWi-Fi SensorBy ApplicationInfrastructureDemand ResponseData Collection & ControlOthersThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the smart grid sensors market include Aclara Technologies LLC., Arteche, Eaton (Cooper Industries plc), Landis+Gyr, Mitsubishi Electric Corporation, and Sentient.
Smart Grid Sensors Market report published by Value Market Research is an in-depth analysis of the market covering its size, share, value, growth and current trends for the period of 2018-2025 based on the historical data.
In addition, it also delivers detailed analysis of regional and country market.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the smart grid sensors market include Aclara Technologies LLC., Arteche, Eaton (Cooper Industries plc), Landis+Gyr, Mitsubishi Electric Corporation, and Sentient.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Smart Grid Sensors Market Research Report" by requesting FREE Sample Copy at: https://www.valuemarketresearch.com/contact/smart-grid-sensors-market/download-sampleMarket DynamicsAdvancement in measurement science and standards for smart grid technologies along with the rising R& D in order to develop an enhanced smart grid sensor is driving the market growth.
The energy sector is the major application area which has numerous application of smart grid sensor, thus increasing energy demand is raising the product demand.
Also, rising implementation of smart metering systems has also propelled the demand for smart grid sensors across the globe.
These advanced sensors are used to attain real time data to improve the reliability offered by power transmission.
The smart grid sensor is highly effective to check weather conditions and issues with temperature of power lines during the transmission of energy.
On the downside, security concerns and high energy utility counterfeit can hinder the expansion of the smart grid sensors market through the review period 2017-2023Market Segmentation The smart grid sensors market study is based on component, sensors, solutions, service, and application.The sensors based segments of the smart grid sensors market are dynamic line rating sensors, voltage or temperature sensors, transformer monitoring sensors, outage detection sensors, and others.
The component segments are sensors, AMI meter, programmable logic controller (PLC), networking hardware, and others.
The service segments are deployment , consulting, support & maintenance and others.Smart grid sensors market segments by solutions are smart grid distribution management, Advance Metering Infrastructure (AMI), grid asset management, smart grid communication, billing information system, and substation automation.The application based segments of the smart grid sensors are supervisory control and data acquisition (SCADA), smart energy meter, Advanced Metering Infrastructure (AMI), and othersGet Free Sample PDF Brochure@ https://www.marketresearchfuture.com/sample_request/5427Regional AnalysisNorth America is presumed to dominate the world smart grid sensors market.
The enhancement in the grid consistency can bolster the regional market rise.
