Smart Grid Market May See Exponential Growth with Innovation by 2027 | General Electric, ABB, Siemens, Schneider, Itron, Landis+Gyr, Aclara, Cisco, OSI, IBM, Honeywell, Oracle, S&C Electric, Eaton, Kamstrup, Trilliant Holdings, Globema, Enel X

The research report on "Smart Grid Market 2020" offers a holistic analysis of the business space, in tandem with a comprehensive overview of market segmentations. The report details about the market scenario according to industry size and current position as well as volume and revenue with forecast to 2027. The study also emphasizes the crucial insights regarding the geographical as well as the competitive landscape of the market. The new report offers a powerful combination of the latest, in-depth research studies on the Smart Grid market. The authors of the report are highly experienced analysts and possess deep market knowledge. Some of the key players in the Global Smart Grid market is General Electric, ABB, Siemens, Schneider, Itron, Landis+Gyr, Aclara, Cisco, OSI, IBM, Honeywell, Oracle, S&C Electric Company, Eaton, Kamstrup, Trilliant Holdings, Globema, Enel X North America, eSmart Systems, Tanatalus, EsyaSoft, Tech Mahindra, Wipro, Grid4C, and C3 Energy.

Smart Grid Market by Component (Solutions and Services), Application (Generation, Transmission, Distribution, and Consumption/End Use), Solutions (Advanced Metering Infrastructure (AMI), Smart Grid Distribution Management, Smart Grid Communications, Smart Grid Network Management, Substation Automation, Smart Grid Security, and Others), and End User (Residential, Commercial, and Industrial): Global Opportunity Analysis And Industry Forecast, 2020-2027

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The smart grid provides technologies that improve fault detection and enables self-healing of the network automatically after the power disturbances. The smart grid thus provides the extraordinary opportunity for the economy as well as the environment by providing reliable and efficient power supply through various smart grid applications and technologies.

Aging electric grid infrastructure along with growing requirement for digitization of the power sector is set to strengthen the smart grid market share. Increasing government focus toward environment sustainability and introduction of stringent mandates with an aim to curb carbon emissions will augment the product installation. Rising investments in digital grid infrastructure owing to restoration time reduction and influx of advanced technologies including IOT is projected to complement the industry outlook.

Mounting implementation of innovative communication technologies to offer consumer load control with real time monitoring data will positively influence the industry scenario. Solutions offered by leading manufacturers including SaaS allow the utilities to integrate different smart grid systems and manage them from a centralised location. Liberalization of the electricity generation will support the incorporation of grid systems thereby encouraging the product penetration.

Competitive Analysis:
The report covers major players operating in the Smart Grid market along with the key strategies implemented to achieve a competitive edge against a majority of the vendors which provides a competitive outlook of the industry. The competitive landscape further includes details about different players and their position on a global and a local level is also explained in detail in this compiled study. These insights were prepared through mapping business strategies and products that offer high revenue generation capacities.

The Key Manufacturers covered in this Report:-
General Electric (US), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Itron (US), Landis+Gyr (Switzerland), Aclara (US), Cisco (US), OSI (US), IBM (US), Wipro (India), Honeywell (US), Oracle (US), S&C Electric Company (US), Eaton (Ireland), Kamstrup (Denmark), Trilliant Holdings (US), Globema (Poland), Tech Mahindra (India), Enel X North America (US), eSmart Systems (Norway), Tanatalus (US), EsyaSoft (India), Grid4C (US), and C3 Energy (US).

By Component
Solutions
Services

By Application
Generation
Transmission
Distribution
Consumption/End Use

By Solutions
Advanced Metering Infrastructure (AMI)
Smart Grid Distribution Management
Smart Grid Communications
Smart Grid Network Management
Substation Automation
Smart Grid Security
Others

By End User
Residential
Commercial
Industrial

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The key strategic developments of the Smart Grid market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the Smart Grid market on a global and regional basis.The study provides a decisive view on the Smart Grid market by segmenting the market based on product, end-user, and regions. All the segments have been analyzed based on present and future trends and the Smart Grid market is estimated from 2020 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries.

Global Smart Grid Market Report includes Detailed TOC points:

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Smart Grid Market
2 Market Segmentation
3 Market Overview
3.1 Rising Government Initiatives
3.2 Strategic Initiative By Market Players
4 Executive Summaries
5 Premium Insights
6 Regulatory Procedure
7 Global Smart Grid Market, By Type
8 Global Smart Grid Market, by Application
9 Global Smart Grid Market, By Deployment
10 Global Smart Grid Market, By End User
11 Global Smart Grid Market, By Distribution Channel
12 Global Smart Grid Market, Company Landscape
13 Company Profile
13.1 Company Snapshot
13.2 Revenue Analysis
13.3 Company Share Analysis
13.4 Product Portfolio

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