Power Grid Services Market Research and Forecast 2019 to 2025: With Covid-19 Updates

Power Grid Services Market research report published by Market Insight Reports examine the current outlook in global market. Report also throws light on Regional analysis, Product Type, End Users. The report explores performances of top players such as Siemens AG, JDR Cable Systems and others in the global market. In brief report analyses potential of market on several parameters.

The competitive data type analysis includes capacity, market share, profit margin, market growth, consumer consumption, imports, exports, revenue, and etc. The most up to date report comprises the latest trends that influence the market competition in the forecast period.

Sample PDF Copy of Power Grid Services Market 2019 :

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The major manufacturers covered in this report:

Siemens AG, JDR Cable Systems (Holdings) Ltd, ABB Ltd, Bandak Group AS, Cameron International Corp, Aker Solutions ASA, FMC Technologies Inc., Dril-Quip Inc., General Electric Co., Expro International Group Holdings Limited, Schlumberger Limited, Technip SA, SIEM Offshore Contractors, Nexans SA and Others.

Industry News:

ABB wins $100 million framework contract to strengthen South America's power grid

ABB's Power Grids business has signed a five-year framework contract estimated to be worth around $100 million with South America's largest utilities company, Interconexion Electrica S.A. E.S.P. (ISA). ISA currently operates over 62,000 kilometers of power transmission infrastructure with over 7,000 kilometers more under construction. The company also provides services in transportation, information and telecommunications.
"ABB Power Grids is shaping the future of sustainable energy and our purpose is fully aligned with ISA's goal of ensuring a sustainable power supply in South America and mitigating climate change," said Claudio Facchin, President ABB Power Grids. "Our pioneering technologies are extending access to affordable, reliable, sustainable and modern energy for all, increasing efficiency and competitiveness, whilst paving the way for bulk renewable integration and an interconnected global grid."
As the largest transmission system operator in South America, ISA is responsible for serving millions of people and businesses with electricity. As such, it's critical that the power equipment ISA uses is of highest reliability, as this is not just a business but an investment in society. Over the decades ABB Power Grids has developed a long and successful partnership with ISA.
(Source)

Types Of Global Power Grid Services Market is Segmented as Follows:

Reactive Power Compensation
Voltage Regulation
Flicker Control
Active Power Filtering
Harmonic Cancellation
Others

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Application Of Global Power Grid Services Market is Segmented as Follows:

Industrial Electricity
Residential Electricity Top of Form

Others

Market sizing is provided for the Historical period (2014-2019) and Forecast period (2019E-2026). The data points taken into consideration are: Production and Consumption in value and volume, Value and Growth Rate of Different Downstream Applications (As per Applicable).

The percentage splits, market shares, growth rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Power Grid Services Market these regions, from 2019 to 2024 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast)

Important Features that are under Offering and Key Highlights of the Reports:

- Detailed overview of Power Grid Services Market
- Changing market dynamics of the industry
- In-depth market segmentation by Type, Application etc
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Power Grid Services Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth

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