openPR Logo
Press release

Smart Grid Market – Global Industry Analysis, Size, Share, Trends and Forecast 2018 – 2024

04-15-2019 12:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Infinium Global Research

/ PR Agency: Infinium Global Research
Smart Grid Market

Smart Grid Market

The Report in light of the Global Smart Grid Market is the latest extension to the database of Infinium Global Research. This exploration investigates in light of uses, advancement, geology, and sorts. The Report gives a clear Global Smart Grid Market audit nearby the examination of the industry's gross edge, cost structure, usage esteem, and deal cost. The principle partnership of the Smart Grid Market, makers, and dealers are profiled in the report close by the latest Industry change present and future examples. The report also deep dives into the sub-segments of Smart Grid Market by technology (advanced metering infrastructure, software and hardware, communication technologies, distribution automation, transmission upgrades, cybersecurity) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.

For More Details Get Free Sample Pages of this Research Report@ https://www.infiniumglobalresearch.com/reports/sample-request/1560

The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Smart Grid Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Smart Grid Market are Siemens, Schneider Electric, Sensus, Silver Spring Networks, Aclara, Alstom, Landis+Gyr and Itron.

The Benefits Offered by the Smart Grid Over the Conventional Power Supply System to Drive the Growth of Smart Grid Market

The conventional electricity system may blackout due to some electricity disturbances that can majorly affect banking, communications, traffic, and security systems. The smart grid system is able to handle the electricity conflicts caused by the storms, earthquakes, large solar flares, and terrorist attacks by allowing for automatic rerouting when equipment fails. For instance, The U.S. smart grid plant contains more than 9,200 electric generating units, having more than 1 million megawatts of generating capacity connected to more than 600,000 miles of transmission lines. The benefits offered by the smart grid over the conventional power supply system is the major factor facilitating the growth of the smart grids market worldwide. In addition, the smart grid technology allows customer-owned power generators to produce power when it is not available from utilities. The distribution generation facility provided by the smart grid technology helps hospitals, traffic light, police department, and many other systems to operate during the emergency situations.

Browse Detailed TOC, Description and Company Mentioned in this Premium Report@
https://www.infiniumglobalresearch.com/energy-mining-infra/global-smart-grid-market

The Asia Pacific is the Largest and the Fastest Growing Region in the Smart Grid Market

The Asia Pacific is the largest and the fastest growing region in the smart grid market owing to the rapidly growing technological and infrastructure advancements in the energy sectors. The increasing adoption of a smart meter in the Asia Pacific region is likely to boost the growth of the smart grid market in this region.

JICA, TEPCO Pilot Rollout of Smart Grid Technology

In August 2018, The Japan International Cooperation Agency (JICA), in partnership with Tokyo Electric Power Corporation (TEPCO) Power Grid, is piloting the rollout of smart grid technology to help the Philippines improve its ability in preventing power interruptions or blackouts.

According to JICA, the said Japanese technologies can be adopted by Philippine electric cooperatives (ECs) to help improve their system reliability and resiliency to natural disasters. Despite disturbances from extreme weather and natural disasters, Japan is known for its advanced and resilient electricity distribution system.

Kennington Tube Station have implemented the UK’s largest silent hybrid smart grid

In August 2018, Kennington Tube Station have implemented the UK’s largest silent hybrid smart grid, manufactured by Off-Grid Energy. The portable hybrid battery storage installation, named gridtogo, possesses a power output of 195kVA and a storage capacity of 350kwhrs. Because of this, the solution’s running time will be reduced, resulting in minimized emissions, noise pollution, and CO2, as well as costs.

Off Grid Electric Ltd. offers and installs distributed-generation solar systems. Hybrid smart grid system’s standard use of smart monitoring will allow manufacturers Off-Grid to gauge power usage in real time.

Infinium Global Research and Consulting Solutions is started with a single motto of being a business partner of the first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

Infinium Global Research
Office No. 04, 06, Ganadhish Empire,
Rahatani Corner, Pune, MH 411027
Email: info@infiniumglobalresearch.com
Website: www.infiniumglobalresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Grid Market – Global Industry Analysis, Size, Share, Trends and Forecast 2018 – 2024 here

News-ID: 1703166 • Views: 325

More Releases from Infinium Global Research

Genome Engineering Market: Global Industry Analysis, Trends, Market Size and For …
Our latest research report entitled Genome Engineering Market (by technology (clustered regularly interspaced short palindromic repeats, and other), application (cell line engineering, animal genetic engineering, and other) and end-user (biotechnology & pharmaceutical companies, academic & government research institutes and others)) provides complete and deep insights into the market dynamics and growth of Genome Engineering. Latest information on market risks, industry chain structure Genome Engineering cost structure and opportunities are offered
Computed Tomography Market 2018 : Global Industry Growth, Opportunities, Consump …
Our latest research report entitled Computed Tomography Market (by application (cardiovascular, oncology, diagnostics, neurology, and spinal application), types (low slice, medium slice, and high slice), end- user (diagnostic services, hospitals and clinics)) provides complete and deep insights into the market dynamics and growth of Computed Tomography. Latest information on market risks, industry chain structure Computed Tomography cost structure and opportunities are offered in this report. The past, present and forecast
Global Protein Ingredients Market – Invention Analysis, Size, Share, Evolution …
Our latest research report entitled Protein Ingredients Market (by source (animal source and plant source), application (food & beverage, cosmetics & personal care, infant formulations animal feed and pharmaceuticals)) provides complete and deep insights into the market dynamics and growth of Protein Ingredients. Latest information on market risks, industry chain structure Protein Ingredients cost structure and opportunities are offered in this report. The past, present and forecast market information will
Global Hospital Beds Market 2018 Industry Demand, Segment, Statistics Report 202 …
Our latest research report entitled Hospital Beds Market (by usage (general beds, pediatric beds, pressure relief beds, bariatric beds and birthing beds), types (electric beds, manual beds, semi-electric beds), treatment (acute care bed, long term care beds)) provides complete and deep insights into the market dynamics and growth of Hospital Beds. Latest information on market risks, industry chain structure Hospital Beds cost structure and opportunities are offered in this report.

All 5 Releases


More Releases for Grid

FOCUS: Smart Grid 2016
The U.S. and German, public and private sector investment in Smart Grid technology has increased significantly over the past decade. How will the transition to Smart Grid technologies and practices affect people’s lives? Energy experts will discuss this important topic at the German Center for Research and Innovation New York on November 2, 2016. New Yorkers have experienced firsthand how an electricity disruption can have a domino effect - a series
FOCUS: Smart Grid 2014
Smart grid technology has the capacity to increase energy efficiency by improving awareness among consumers about the connection between electricity use and the environment. On Wednesday, November 5, experts will convene at the German Center for Research and Innovation (GCRI) in New York to review the technology’s past successes and future challenges. NEW YORK (October 30, 2014) – After sequential hurricanes in 2011 and 2012, New Yorkers experienced firsthand how an
FOCUS: Smart Grid
Smart Grid technology has the capacity to increase energy efficiency by improving awareness among consumers about the connection between electricity use and the environment. On Nov. 21, leading experts from the U.S. and Germany will convene at the German Center for Research and Innovation (GCRI) to discuss the technology’s past successes and future challenges. NEW YORK (November 14, 2013) – After sequential hurricanes in 2011 and 2012, New Yorkers experienced
Off-Grid Experts Workshop 2013
The system integrator Phaesun together with the manufacturer of solar electronics Steca invite the international Off-Grid community to the 3rd Off-Grid Experts Workshop on 13./14. September in Memmingen/Germany. The Off-Grid Experts Workshop is a unique event focusing on Off-Grid power supply. The visitors can expect a two days program fully packed with Off-Grid expertise: lectures, do-it yourself-workshops, discussion, exhibition with manufacturers and institutions, electro moto-cross and a lot more. Furthermore there
New Off-Grid Testing Lab
GOLDEN, CO, 22 January 2013 Positive Energies is establishing an off-grid lab in Golden, Colorado. The off-grid lab will develop, test, and verify power and energy technologies for off-grid or minimally served commercial operations. Examples of applications are light manufacturing factories, water purification and distribution facilities, communications, medical facilities, and hotels/resorts. Examples of technologies are DC microgrids, fuel cells, micro-hydro and micro-wind, solar, geothermal, and electric storage systems. Dan Gregory, CEO of
Grid Code and Grid Compatibility for Wind Energy
PCS Green Line 1000 enables grid compatibility for the 135 MW Suzlon Cookhouse wind turbine project in South Africa Berlin, April 2012 – PCS Power Converter Solutions has signed a supplier contract with Suzlon Wind Energy South Africa (Pty) Ltd. to supply Green Line 1000 reactive current converters for the Suzlon Cookhouse Project in the East Cape province of South Africa. Cookhouse is the largest wind energy project in South Africa.