openPR Logo
Press release

Smart Grid Home Area Network (HAN) Market to register a healthy CAGR for the forecast period, 2016-2026

03-30-2017 01:19 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Smart Grid Home Area Network (HAN) Market to register a healthy

Electricity is the most widely used form of energy across the globe. Generation of electrical energy is the major source of carbon dioxide emission, as it relies on fossil fuels, followed by transportation, and is thus a significant contributor to climate change. In order to cater to growing demand for electricity and reduce the impact on the environment, electric systems need to be efficient and effective enough to conserve and reduce the electricity wastage. Smart grid solutions offer a comprehensive approach to meet the aforementioned challenges. Smart grid systems offers demand response capabilities in order to balance electrical consumption with supply as well as potential to integrate new technologies. HAN is a subsystem within the smart grid primarily oriented towards the demand-side management. Smart grid home area network is basically a network of signal-controlled appliances, consumer devices, and energy management devices. This enables connected devices to send and receive signals from meter, displays and other home management devices.

Smart Grid Home Area Network: Drivers

Growing supply-side deployment of smart grid solution, government initiatives towards energy management and smart cities, increasing wireless network connection speeds, growing demand for cloud based solutions are expected to drive the growth of smart grid home area network market during the forecast period. In addition, consumer privacy and security is another factor that can hinder the growth of the market. In addition, rising energy prices and increasing sophisticated conservation solutions are anticipated to drive the smart grid home area network market to a certain extent.

Request For Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1865

Smart Grid Home Area Network: Challenges

Integration of various product solutions to existing metering systems, interoperability between various solutions provided by manufacturers, lack of consumer awareness in developing regions are certain challenges that can hinder the growth of smart grid home area network market.

Smart Grid Home Area Network: Segmentation

Smart grid home area network market is segmented on the basis of solution type, and region. On the basis of solution type, the smart grid home area network can be segmented into hardware, software and services. On the basis of region, smart grid home area network market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA).

Smart Grid Home Area Network: Regional Outlook

The smart grid home area network market in North American dominates among all the other regions. The smart grid home area network market in Eastern Europe and Asia Pacific are expected to pose most lucrative opportunity during the forecast period due to growing government initiatives towards smart cities and the growing awareness among the consumers about energy management. The smart grid home area network market in Middle East and Africa and Latin America are among the potential markets but are listed after Asia Pacific and Eastern Europe.

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-1865

Smart Grid Home Area Network: Competition Landscape

Key vendors of smart grid home area network include Control4, Cisco Systems, GE Energy, Silver Spring Networks, Tendril Networks, Honeywell International, Inc., icontrol Networks, Inc., Energate Inc., Calico Energy Services, and Onzo Ltd.

Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.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 Home Area Network (HAN) Market to register a healthy CAGR for the forecast period, 2016-2026 here

News-ID: 486432 • Views: 229

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Smart

Smart Solutions
Heidelberg, May 28, 2019 – The dental group Young Innovations presents new products that increase efficiency and safety in the practice: The high-quality Galaxie Cassettes simplify the cleaning, sterilization and classification of hand instruments. A stable case made of electropolished stainless steel protects the equipment, the unique design reduces the contact points. A laser-cut pattern maximizes water through flow and increases efficiency in the RDG / thermal disinfector. Smooth rounded corners
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide. This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. The study objectives of this report are: To study and forecast the market size of Smart
Smart Mirrors
A smart mirror is an ordinary mirror with additional features and functionalities, incorporating capabilities that are otherwise done manually or in some computing system other than the mirror. For instance, a mirror that can connect to a smartphone or the internet and offer some measure of user comfort. The computing features in smart mirrors enable them to connect to the Internet and smartphones, categorizing them as connected devices. Connected devices
Powered Smart Cards
In terms of consumption, the global powered smart card market stood at 2,049.1 Mn units in 2015 and is expected to register a volume CAGR of 59.2% to reach 5,640.6 Mn units by 2024 end. In a new report titled “Powered Smart Card Market: Global Industry Analysis & Forecast, 2016–2024”, Persistence Market Research studies the performance of the global powered smart card market over an eight-year forecast period (2016 –
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency