Global Smart Grid Market Information, by Software &
Hardware (Distribution Management System, Meters), by Sensor (Current and
Voltage Sensors), by Storage Technology (Air Energy Storage, Batteries), by
Communication Network (HAN, WAN) - Forecast 2016-2027
Market Synopsis of Smart Grid Market
Market Scenario
Smart Grid is a modernized electrical grid system which
purely operates on analog and digital information and communications
technology. The main function of Smart Grid is to monitor, gather the data, and
analyze the data, control and communication in digitalized form. Besides the
one way communication in traditional grid system, smart grid system provides
two way communication. Infrastructure development is one of the major factor
which is driving the market of smart grid. Currently, this market has been
valued at US $XX million which is expected to grow at US $XX million by the end
of forecasted period.
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Study Objective of Smart Grid Market
To provide detailed analysis of the market structure along
with forecast of the various segments and sub-segments of the Global Smart Grid
Market
To provide insights about factors affecting the market
growth
To analyze the Smart Grid market based on various factors-
price analysis, supply chain analysis, porter’s five force analysis etc.
To provide historical and forecast revenue of the market
segments and sub-segments with respect to four main geographies and their
countries- North America, Europe, Asia, and Rest of the World (ROW)
To provide country level analysis of the market with respect
to the current market size and future prospective
To provide country level analysis of the market for segment
by software & hardware, by sensor, by storage technology by communication
network and sub-segments.
To provide strategic profiling of key players in the market,
comprehensively analyzing their core competencies, and drawing a competitive
landscape for the market
To track and analyze competitive developments such as joint
ventures, strategic alliances, mergers and acquisitions, new product
developments, and research and developments in the Global Smart Grid Market
Key Players:
Some of the major players in Global Self-Service
Technologies Market include Kiosk Information Systems Inc. (US), NCR
Corporation (US), HESS Cash Systems GmbH & Co. (Germany), Fujitsu, Glory
Ltd., Azkoyen Group, Crane Co. (USA), Mass International Europe B.V.
(Netherlands), Vend-Rite and IBM Corporation (US) among others.
Market Segmentation
Segmentation by Software & Hardware: Distribution
Management System, Power System Planning & Data Management, Meters among
others.
Segmentation by Sensor: Current and Voltage Sensors, Optical
sensor HAN sensors among others.
Segmentation by Storage Technology: Air Energy Storage &
Batteries (sodium-sulfur (NaS), nickel-cadmium (NiCd), lithium-ion technologies
(Li-ion), advanced lead-acid (Pb-acid) among others)
Segmentation by Communication Network: HAN (Home Area Network),
WAN.
Regional Analysis
Currently, North America is dominating the market of Smart
Grid with the market share of XX% which has been valued at US $XX million in
the year 2015. The main factor which is driving the market is technological
advancement and need of more stable electricity network in the country. Europe
is closely following the North America with the market share of XX%. High
government participation in the area of electricity and power generation in the
European countries are some major factor driving the market in the Europe.
Asia-Pacific holds XX% of market share where countries like China, Japan and
India are adopting the smart grid system for better electricity distribution.
Industry News
In June 2016, ABB announced that they have successfully
started 648 MW solar project in India.
In February 2016, S&C Electric Company and Tantalus Corp
announced that they will work together to support layered communication for
grid optimization.
In the February 2016, devolo AG announced the collaboration
with Eichhoff Kondensatoren GmbH for developing new data communication product.
The reports also covers brief analysis of Geographical
Region includes:
Americas
· North America
· US
· Canada
Europe
· Western Europe
· Germany
· France
· Italy
· Spain
· U.K
· Rest of Western Europe
· Eastern Europe
Asia– Pacific
· Asia
· China
· India
· Japan
· South Korea
· Rest of Asia
Pacific
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The Middle East & Africa
The report for Global Smart Grid Market of Market Research
Future comprises of extensive primary research along with the detailed analysis
of qualitative as well as quantitative aspects by various industry experts, key
opinion leaders to gain the deeper insight of the market and industry
performance. The report gives the clear picture of current market scenario
which includes historical and projected market size in terms of value and
volume, technological advancement, macro economical and governing factors in
the market. The report provides details information and strategies of the top
key players in the industry. The report also gives a broad study of the
different market segments and regions.
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