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World Super Grids Market - Opportunities and Forecasts, 2017 - 2023

  • ID: 3773134
  • Report
  • September 2019
  • Region: Global
  • Allied Analytics LLP
Super grid refers to the technology used to distribute electricity in high volume over long distances. Super grids are also known as “mega grid” or “smart grid”. Advancement in infrastructure that are consuming high energy, and an increase in the usage of renewable energy sources with the integration of conventional grid scale technologies are some of the major driving factors for the super grid market. The growth of the super grid market is being hampered by raw material cost issues- especially in developing economies, and prolonged licensing procedures for commercialization which has intensified the competition amongst players operating in the market. However, these issues may soon be resolved, , as a number of private and government authorities are increasingly adopting super grid technologies in order to expand their transmission and distribution infrastructure.

Major players in the super grids market are Alstom Grid, Schneider Electric SA, Siemens AG, Alcan Cable, China Electric Power Equipment and Technology Co., Ltd. (CET), KEI Industries Limited (KEI), Bharat Heavy Electricals Limited (BHEL), American Superconductor Corporation (AMSC) and AZZ Incorporated. Alstom Grid's Voltage Source Convertor (VSC), launched in 2010, is a type of HVDC MaxSineTM super grid that provides various environmental benefits (such as a reduced carbon footprint) that make this system ideal for urban and suburban areas. The global super grids market is segmented based on geography into North America, Europe, Asia-Pacific and LAMEA. Beside this the global super grid market would be mainly dominated by China, India, the United States and major European countries and these countries would maintain their dominance through 2020. Additionally, developing regions such as Latin America, Middle East and Africa would exhibit exponential growth during the forecast period.

KEY BENEFITS

In-depth coverage of the global super grid market including drivers, restraints and opportunities would help professionals to better understand market behavior
Detailed study of the strategies of key leaders, partnerships and acquisitions in the global super grid market would be informative for professionals in the corporate sector
Porter’s Five Forces analysis examines the competitive structure of the global super grid market and would assist market strategists in their decision making process.
Government regulations and guidelines are critically examined in the report according to region
Pin-point analysis of geographic segments helps to identify opportunities for growth within the global super grid market

Key Market SegmentThe global super grid market is segmented by geography

North America

United States
Canada
Mexico

Europe

United Kingdom
Germany
France

Asia-Pacific

India
China
Japan
Other

LAMEA

Latin America
Middle East
Africa

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The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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