Global Grid Optimization Solutions Market 2017-2021

  • ID: 4392587
  • Report
  • Region: Global
  • 77 pages
  • TechNavio
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FEATURED COMPANIES

  • ABB
  • Doble Engineering Company
  • Hexagon
  • LINYANG Energy
  • Oracle
  • Schneider Electric
  • MORE
About Grid Optimization Solutions

Grid optimization solutions are compact electrical devices that are used to detect and monitor power system equipment. These devices monitor electrical equipment such as transformers, arrestors, power cables, and other equipment installed in power plants or substations along with the demand-side management in smart grids. These devices are used in residential areas and offices to enhance energy efficiency. The benefits of grid optimization are to reduce the overall cost of delivering power to users, increase the reliability of grids, and ensure the efficient use of assets, thereby deferring the investments in generation, transmission, and distribution assets.

The analysts forecast the global grid optimization solutions market to grow at a CAGR of 11.36% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global grid optimization solutions market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Grid Optimization Solutions Market 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
  • ABB
  • Aclara Technologies
  • Eaton
  • General Electric
Other prominent vendors
  • Advanced Control Systems
  • Advanced Electronics Company
  • Arbiter Systems
  • Arteche
  • BEIJING SIFANG AUTOMATION
  • CGI Group
  • Doble Engineering Company
  • EKM Metering
  • Electric Power Group
  • Elster Group (owned by Honeywell)
  • ERLPhase Power Technologies
  • FirstEnergy
  • Green Mountain Power
  • Hexagon
  • Holley Metering
  • Intel
  • Itron
  • Jiaxing Eastron Electronic Instruments
  • Kaihen
  • Kamstrup
  • Landis+Gyr
  • LINYANG Energy
  • Metrycom Communication
  • Milsoft Utility Solutions
  • Mitsubishi Electric
  • mPower Innovations
  • Murata Power Solutions
  • National Information Solutions
  • Open Systems International
  • Operation Technology
  • Oracle
  • Powel
  • Power Sensors
  • Power System Engineering
  • PowerWorld
  • QinetiQ
  • Quanta Technology
  • Ripley Power & Light Company
  • Schneider Electric
  • Schweitzer Engineering Laboratories
  • SEDC
  • Sensus
  • Sentient Technologies Holdings
  • Siemens
  • Silver Spring Networks
  • Silver Spring Networks
  • Simpson Electric
  • Survalent Technology
  • Westinghouse Electric
Market drivers
  • Transition to smart grids
  • For a full, detailed list, view the full report
Market challenges
  • Concerns over cybersecurity
  • For a full, detailed list, view the full report
Market trends
  • Changing energy landscape and increased demand for power generation
  • 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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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • ABB
  • Doble Engineering Company
  • Hexagon
  • LINYANG Energy
  • Oracle
  • 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 by products
  • Global grid optimization solutions market byproducts
  • Global grid optimization solutions market by hardware components
  • Global grid optimization solutions market by software systems
PART 07: Geographical
  • Global grid optimization solutions market by geography
  • Grid optimization solutions market in the Americas
  • Grid optimization solutions market in EMEA
  • Grid optimization solutions market in APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Changing energy landscape and increased demand for power generation
  • Aging power grids
  • Increasing need for energy efficiency
PART 11: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • ABB
  • Aclara Technologies
  • Eaton
  • General Electric
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Market overview
Exhibit 02: Global grid optimization solutions market 2016-2021 ($ billions)
Exhibit 03: Five forces analysis
Exhibit 04: Global grid optimization solutions market by products 2016 and 2021 (%)
Exhibit 05: Global grid optimization solutions market by products 2016-2021 ($ billions)
Exhibit 06: Global grid optimization solutions market by hardware components 2016-2021 ($ billions)
Exhibit 07: Global grid optimization solutions market by software systems 2016-2021 ($ billions)
Exhibit 08: Typical outage restoration time in developed countries (seconds)
Exhibit 09: Global grid optimization solutions market by geography 2016 and 2021 (%)
Exhibit 10: Global grid optimization solutions market by geography 2016-2021 ($ billions)
Exhibit 11: Grid optimization solutions market in Americas 2016-2021 ($ billions)
Exhibit 12: Grid optimization solutions market in EMEA 2016-2021 ($ billions)
Exhibit 13: Grid optimization solutions market in APAC 2016-2021 ($ billions)
Exhibit 14: Smart grid technology application areas
Exhibit 15: Smart grid optimization areas
Exhibit 16: Countries with renewable targets and policies 2005
Exhibit 17: Countries with renewable targets and policies 2015
Exhibit 18: Public RD&D energy investment* 2000, 2010, and 2015 ($ billions)
Exhibit 19: Y04S patent sub-classifications
Exhibit 20: Smart grid implementation and cybersecurity impacts
Exhibit 21: Share of fossil fuels in the global energy mix 2014 and 2035
Exhibit 22: Traditional power grids
Exhibit 23: Transformed grids
Exhibit 24: Cumulative energy-efficiency investments by region 2014-2035 (%)
Exhibit 25: Other prominent vendors (indicative list)
Exhibit 26: ABB: Product portfolio
Exhibit 27: Aclara Technologies: Products and services overview
Exhibit 28: Aclara Technologies: Product portfolio
Exhibit 29: Eaton: Product portfolio
Exhibit 30: General Electric: Solutions as a service
Exhibit 31: Envisage product modules
Exhibit 32: General Electric: Smart grid solutions overview
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FEATURED COMPANIES

  • ABB
  • Doble Engineering Company
  • Hexagon
  • LINYANG Energy
  • Oracle
  • Schneider Electric
  • MORE
New Report Released: – Global Grid Optimization Solutions Market 2017-2021

The author of the report recognizes the following companies as the key players in the global grid optimization solutions market: ABB, Aclara Technologies, Eaton, and General Electric.

Other Prominent Vendors in the market are: Advanced Control Systems, Advanced Electronics Company, Arbiter Systems, Arteche, BEIJING SIFANG AUTOMATION, CGI Group, Doble Engineering Company, EKM Metering, Electric Power Group, Elster Group (owned by Honeywell), ERLPhase Power Technologies, FirstEnergy, Green Mountain Power, Hexagon, Holley Metering, Intel, Itron, Jiaxing Eastron Electronic Instruments, Kaihen, Kamstrup, Landis+Gyr, LINYANG Energy, Metrycom Communication, Milsoft Utility Solutions, Mitsubishi Electric, mPower Innovations, Murata Power Solutions, National Information Solutions, Open Systems International, Operation Technology, Oracle, Powel, Power Sensors, Power System Engineering, PowerWorld, QinetiQ, Quanta Technology, Ripley Power & Light Company, Schneider Electric, Schweitzer Engineering Laboratories, SEDC, Sensus, Sentient Technologies Holdings, Siemens, Silver Spring Networks, Simpson Electric, Survalent Technology, and Westinghouse Electric.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Changing energy landscape and increased demand for power generation. Globally, power consumption has increased in line with the global economic growth. Thus, capacity addition has increased exponentially across the globe, favoring fossil fuels. Further growth in the population and the global economy is expected to drive this trend in the future as well. According to the World Bank, the world population is projected to increase from 7.4 billion in 2016 to 8.7 billion by 2035.”

According to the report, one of the major drivers for this market is Transition to smart grids. Smart grids optimize all the grid functions by deploying sensors, communication systems, and information technology, thereby making the grid smarter and allowing utilities to achieve the balance among cost, reliability, and efficiency. Smart grid implementation thus allows utilities to get the most out of the available infrastructure.

Further, the report states that one of the major factors hindering the growth of this market is Concerns over cybersecurity. Advances in IT and implementation of technology to control power generation and distribution have exposed the grids to cyber-attacks that traditional utilities were not concerned about. Smart grid infrastructure uses Internet technologies, thus making it vulnerable to security threats in the absence of a robust cybersecurity setup.

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.
Note: Product cover images may vary from those shown
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  • ABB
  • Aclara Technologies
  • Eaton
  • General Electric
  • Advanced Control Systems
  • Advanced Electronics Company
  • Arbiter Systems
  • Arteche
  • BEIJING SIFANG AUTOMATION
  • CGI Group
  • Doble Engineering Company
  • EKM Metering
  • Electric Power Group
  • Elster Group (owned by Honeywell)
  • ERLPhase Power Technologies
  • FirstEnergy
  • Green Mountain Power
  • Hexagon
  • Holley Metering
  • Intel
  • Itron
  • Jiaxing Eastron Electronic Instruments
  • Kaihen
  • Kamstrup
  • Landis+Gyr
  • LINYANG Energy
  • Metrycom Communication
  • Milsoft Utility Solutions
  • Mitsubishi Electric
  • mPower Innovations
  • Murata Power Solutions
  • National Information Solutions
  • Open Systems International
  • Operation Technology
  • Oracle
  • Powel
  • Power Sensors
  • Power System Engineering
  • PowerWorld
  • QinetiQ
  • Quanta Technology
  • Ripley Power & Light Company
  • Schneider Electric
  • Schweitzer Engineering Laboratories
  • SEDC
  • Sensus
  • Sentient Technologies Holdings
  • Siemens
  • Silver Spring Networks
  • Simpson Electric
  • Survalent Technology
  • Westinghouse Electric
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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