Global IoT Market in Energy Grid Management 2017-2021

  • ID: 4390895
  • Report
  • Region: Global
  • 75 pages
  • TechNavio
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FEATURED COMPANIES

  • Accenture
  • Actility
  • Cisco
  • Huawei
  • Intel
  • Schneider Electric
  • MORE
About IoT in Energy Grid Management

The Industrial Internet of Things (IIoT) is a term used to define the interconnection of industrial manufacturing and process equipment using IoT technologies. It represents the application of the latest digital information technologies for industrial activities. IIoT begins with sensors, which take analog information and convert it to digital data. The sensors transmit data to an on-site server for storage and analysis. This helps the administration of the company or business organization to take real-time decisions to improve the efficiency of output and increase the inbound revenue.

The analysts forecast the global IoT market in energy grid management to grow at a CAGR of 35.71% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global IoT market in energy grid management for 2017-2021. To calculate the market size, the report considers new installations of software and hardware solutions, and services market.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global IoT Market in Energy Grid Management 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Accenture
  • Cisco
  • Intel
  • Schneider Electric
  • Siemens
Other prominent vendors
  • Actility
  • Bosch Software Innovations
  • Huawei
  • Sierra Wireless
  • Texas Instruments
  • ThingWorx
Market drivers
  • Individualized customer preferences
  • For a full, detailed list, view the full report
Market challenges
  • Concerns regarding data and network security
  • For a full, detailed list, view the full report
Market trends
  • Adoption of smart grid networks
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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FEATURED COMPANIES

  • Accenture
  • Actility
  • Cisco
  • Huawei
  • Intel
  • Schneider Electric
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Market overview
  • Global IoT market in energy grid management by generation
  • Global IoT market in energy grid management by transmission
  • Global IoT market in energy grid management by substation automation
  • Global IoT market in energy grid management by distribution
PART 07: Market segmentation by solution
  • Market overview
  • Global IoT market in energy grid management by hardware segment
  • Global IoT market in energy grid management by software segment
  • Global IoT market in energy grid management by services segment
PART 08: Geographical segmentation
  • Market outline
  • IoT market in energy grid management in Americas
  • IoT market in energy grid management in APAC
  • IoT market in energy grid management in EMEA
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Adoption of smart grid networks
  • Increase in M&A activities
  • Use of smart meters
PART 12: Vendor landscape
  • Competitive analysis
  • Other prominent vendors
PART 13: Key vendor analysis
  • Accenture
  • Cisco
  • Intel
  • Schneider Electric
  • Siemens
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global IoT market in energy grid management overview
Exhibit 02: Global IoT market in energy grid management 2016-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global IoT market in energy grid management by application 2016 and 2021 (% revenue)
Exhibit 05: Global IoT market in energy grid management by generation 2016-2021 ($ billions)
Exhibit 06: Global IoT market in energy grid management by transmission 2016-2021 ($ billions)
Exhibit 07: Global IoT market in energy grid management by substation automation 2016-2021 ($ billions)
Exhibit 08: Global IoT market in energy grid management by distribution 2016-2021 ($ billions)
Exhibit 09: Global IoT market in energy grid management by solutions 2016 and 2021 (% revenue)
Exhibit 10: Global IoT in energy grid management by hardware segment 2016-2021 ($ billions)
Exhibit 11: Global IoT market in energy grid management by software segment 2016-2021 ($ billions)
Exhibit 12: Global IoT market in energy grid management by services segment 2016-2021 ($ billions)
Exhibit 13: Varying demand for different fuels used in power generation 1970, 1995, and 2015
Exhibit 14: Global IoT market in energy grid management by geography 2016 and 2021 (% revenue)
Exhibit 15: IoT market in energy grid management in Americas 2016-2021 ($ billions)
Exhibit 16: IoT market in energy grid management in APAC 2016-2021 ($ billions)
Exhibit 17: IoT market in energy grid management in EMEA 2016-2021 ($ billions)
Exhibit 18: Other prominent vendors
Exhibit 19: Accenture: Business segments:
Exhibit 20: Accenture: Product offerings
Exhibit 21: Accenture: Recent developments
Exhibit 22: Cisco: Product portfolio
Exhibit 23: Cisco: IoT in grid management product offerings
Exhibit 24: Cisco: Recent developments
Exhibit 25: Business strategy of Intel: Virtuous cycle of growth
Exhibit 26: Intel: Business portfolio
Exhibit 27: Intel: Product offerings
Exhibit 28: Intel: Recent developments
Exhibit 29: Schneider Electric: Product portfolio
Exhibit 30: Schneider Electric: Product offerings in IoT in grid management
Exhibit 31: Schneider Electric: Recent developments
Exhibit 32: Siemens: Product offerings
Exhibit 33: Siemens: Product offerings in IoT in grid management
Exhibit 34: Siemens: Recent developments
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FEATURED COMPANIES

  • Accenture
  • Actility
  • Cisco
  • Huawei
  • Intel
  • Schneider Electric
  • MORE
New Report Released: - Global IoT Market in Energy Grid Management 2017-2021

The author of the report recognizes the following companies as the key players in the global IoT market in energy grid management: Accenture, Cisco, Intel, Schneider Electric, and Siemens.

Other Prominent Vendors in the market are: Actility, Bosch Software Innovations, Huawei, Sierra Wireless, Texas Instruments, and ThingWorx.

Commenting on the report, an analyst from the research team said: “One trend in the market is adoption of smart grid networks. Smart grids can integrate the actions and responses of all users connected to it, including generators and consumers and act accordingly. These smart grids enable the efficient delivery of sustainable, secure, and economical electricity supply.”

According to the report, one driver in the market is individualized customer preferences. The increasing individualized customer preferences for electricity is expected to drive the growth of the global IoT market in energy grid management. Large commercial customers prefer renewable energy to achieve their corporate sustainability goals. A few residential customers prefer solar energy to power their houses. Cities and towns demand customized services in the form of micro grids, renewable energy services, and smart city services.

Further, the report states that one challenge in the market is concerns regarding data and network security. Power industries generally use outdated software and hardware, which makes the grid infrastructure vulnerable to sophisticated hackers with a knowledge of infiltrating old security protocols. IoT devices are available with inbuilt login credentials, which are rarely changed by the owners or operators. This compromises the security of the entire system. A huge amount of investment is made on the part of the power companies in enhancing the security of the energy grids to combat hackers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Accenture
  • Cisco
  • Intel
  • Schneider Electric
  • Siemens
  • Actility
  • Bosch Software Innovations
  • Huawei
  • Sierra Wireless
  • Texas Instruments
  • ThingWorx
Note: Product cover images may vary from those shown
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