Press release
Smart Grid Sensors Market 2018 by Global Leaders: General Electric Company, Oracle, Cisco Systems, Siemens AG, Itron, Tech Mahindra, Aclara Technologies, Esyasoft Technologies, Wipro, Trilliant Holdings, NexGrid
Market Scenario:
The smart grid sensor is, typically, an advanced technology in the field of power transmission that consists of sensors, automated control techniques, and sophisticated software solutions. This advanced sensors uses the real time data to enhance the reliability of power transmission and minimize the power dissipation which eventually reduce the cost. These smart grid sensor acts a super resistant solution for the distribution network, which serves as time and cost savers, which caused due to service and regular power failures in different industries. The smart grid sensor are very effective in checking weather conditions and temperature of power lines while transmitting the energy. These smart sensor are very efficient and reliable to be used in commercial and residential areas to increase the energy efficiency. At present, the smart grid sensors are at burgeoning stage in the emerging economies such as India, China, and few parts of Asia Pacific region.
The smart grid sensor has become a revolutionary technique in the distribution field as well as in the information and communication technology. The integration of software such as supervisory control and data acquisition (SCADA) and smart grid distribution management has modernized the existing power grid system to become more sophisticated in terms of efficiency, adaptability and reliability. In the lines of these factors, the smart grid sensor are expected to show a significant growth over the forecast period.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/5427
On the other hand, security concerns and increase energy utility counterfeit are presumed to hinder growth of the smart grid sensor market over the review period 2017-2023
The global smart grid sensors market is expected to reach approximately USD 4 billion by 2023 at a CAGR of 18 % over 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)
Segmentation:
The smart grid sensors is differentiated by sensors, component, service, solutions, and application.
Based on sensors, the smart grid sensors market is sub-segmented into voltage/temperature sensors, outage detection sensors, transformer monitoring sensors, dynamic line rating sensors, and others. The component segment consists of AMI meter, sensors, networking hardware, programmable logic controller (PLC), and others. Furthermore, the service is classified into consulting, deployment &integration, support & maintenance and others.
Smart grid sensors is further divided on the basis of solutions that include Advance Metering Infrastructure (AMI), smart grid distribution management, smart grid communication, grid asset management, substation automation, and billing &customer information system.
On the basis of application segment, the smart grid sensors is segmented into smart energy meter, supervisory control and data acquisition (SCADA), Advanced Metering Infrastructure (AMI), and others
Regional Analysis
Geographically, the smart grid sensors is segmented into four different regions namely North America, Asia Pacific, Europe, and the Rest of the World.
North America is presumed to be the dominating region in smart grid sensors market. The U.S. and Canada are the leading countries in this region. This is due to the surging smart grid solutions providers in the region to enhance the grid consistency. Furthermore, Europe is anticipated to have a substantial growth over the forecast period. The countries such as Germany, France and the U.K are the leading countries in the region. This is attributed to a huge investment in research and development for providing innovative techniques to optimize the dissipation loss while transmitting the power to general public. Asia Pacific is also anticipated to be the fastest growing region in the smart grid sensors market over the forecast period. India and China are the leading countries to be a better prospect region owing to increasing demand for the smart grid solutions.
Get complete Report @ https://www.marketresearchfuture.com/reports/smart-grid-sensors-market-5427
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
About Us:
At Market Research Future (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.
Media Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.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 Sensors Market 2018 by Global Leaders: General Electric Company, Oracle, Cisco Systems, Siemens AG, Itron, Tech Mahindra, Aclara Technologies, Esyasoft Technologies, Wipro, Trilliant Holdings, NexGrid here
News-ID: 975984 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
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…
IoT Device Management Market Analysis by Application - Smart Manufacturing, Smar …
IoT device management comprises of multiple operating systems and several varieties of communication methods and protocols targeted at conducting smooth functioning of smart devices. The service of IoT device management has become vital for the business sector in recent years due to the rising use of remote operation in a number of industries and the subsequent need to manage the operation of the devices.
The global IoT device management market is…
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 …
Albany, New York, July 20, 2017 : Recent research and the current scenario as well as future market potential of "Smart Kitchen Appliances Market (Products - Smart Refrigerators, Smart Dishwashers, Smart Ovens, Smart Cookware and Cooktops, Smart Scales and Thermometers and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" globally.
Smart kitchen appliances are premium appliances that are designed for comfortable and efficient operation as…
