North American Digital Grid Communication Infrastructure, Forecast to 2023

  • ID: 4430662
  • Report
  • Region: North America, United States
  • 79 Pages
  • Frost & Sullivan
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Modernizing the Electric Grid through Connectivity

FEATURED COMPANIES

  • ABB
  • DIGI
  • Honeywell
  • Ingenu
  • Motorola
  • Sensus
  • MORE

The study estimates that the total digital grid communication infrastructure market for the North American electric grid would grow at a CAGR of 9.1% through the forecast years. The study estimates the size of the market to be $555 Million as of 2016 and is forecast to reach over $1 Billion by 2023.

The study categorizes the market into two broad segments - Technology and Application. As far as the technologies are concerned, the study classifies them into wired and wireless technologies and as far as applications are concerned it classifies them into 4 sub-segments under each type of technology namely - Advanced Meter Infrastructure, Distribution Automation, Substation Automation and Emerging Applications such as edge intelligence, virtual power plants and micro-grids.

The study also identifies technology specific drivers and challenges that not just contextualize the analysis but also determine the direction of growth of the industry. Some of the key influencing drivers include cyber-security, proliferation of DERs and improving the operational efficiency of utilities while some of the barriers of adoption include the lack of interoperability and willingness of utilities to modernize as well as the high investment costs associated with deployment.

A key insight learned through the study highlights the fact that a rapidly changing market environment demands flexibility in the communications infrastructure. With a forward looking market and most utilities filing for rate increases in the last two or three citing rising capital expenditures in transmission distribution assets, vendors should be in a position to develop a compelling business models such as "communication-as-a-service (CAAS)" to improve bottom line results for end users.

By 2023, the rate of growth of wireless devices will outpace that of wired owing to advancements in IoT and rolling out of 5G at scale. There will be a demand for outcome based solutions rather than application-specific products/services. Virtual power plants, micro grids and edge intelligence are forecast to drive demand and deployment of modern wireless communication devices

The bottom line is: with competition intensifying, product innovation, reliability, interoperability and customer value are key factors in determining market leaders in the digital grid communications market.

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FEATURED COMPANIES

  • ABB
  • DIGI
  • Honeywell
  • Ingenu
  • Motorola
  • Sensus
  • MORE

1. EXECUTIVE SUMMARY

  • Market Engineering Measurements
  • CEO’s Perspective

2. MARKET OVERVIEW

  • Market Overview
  • Overview of Contents
  • Market Definitions
  • Wired Technology
  • Wireless Technology
  • Key Questions This Study Will Answer

3. DISRUPTIVE TRENDS AND TECHNOLOGY

  • Disruptive Trends-Managed Services
  • Disruptive Product Technology

4. DIGITAL GRID COMMUNICATION INFRASTRUCTURE MARKET

  • Digital Grid Communication Infrastructure Market
  • Market Segmentation
  • Market Overview-Distribution Channels

5. DRIVERS AND RESTRAINTS-DIGITAL GRID COMMUNICATION INFRASTRUCTURE MARKET

  • Drivers and Restraints-Digital Grid Communication Infrastructure Market
  • Market Drivers
  • Drivers Explained
  • Market Restraints
  • Drivers Restraints

6. FORECASTS AND TRENDS-DIGITAL GRID COMMUNICATION INFRASTRUCTURE MARKET

  • Market Engineering Measurements
  • Forecast Assumptions
  • Revenue Forecast
  • Revenue Forecast by Segment
  • Revenue Forecast Discussion

7. MARKET SHARE AND COMPETITIVE ANALYSIS-DIGITAL GRID COMMUNICATION INFRASTRUCTURE MARKET

  • Market Share
  • Market Share Analysis
  • Competitive Environment
  • Competitive Factors and Assessment
  • The Communication Device Ecosystem
  • Competitor Analysis-Itron
  • Competitor Analysis-Landis & Gyr
  • Competitor Analysis-Siemens
  • Competitor Analysis-ABB

8. GROWTH OPPORTUNITIES AND COMPANIES TO ACTION

  • Growth Opportunity 1-Communication As A Service (CAAS)
  • Growth Opportunity 2-5G Enabled Devices
  • Strategic Imperatives for Success and Growth

9. WIRED SEGMENT BREAKDOWN

  • Key Findings
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast by Application
  • Revenue Forecast Discussion

10. WIRELESS SEGMENT BREAKDOWN

  • Key Findings
  • Market Engineering Measurements
  • Revenue Forecast
  • Revenue Forecast by Application
  • Revenue Forecast Discussion

11. THE LAST WORD

  • The Last Word-3 Big Predictions
  • Legal Disclaimer
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  • ABB
  • Aclara
  • Cisco
  • DIGI
  • Eaton
  • Ericsson
  • Honeywell
  • Huawei
  • Itron
  • iDirect Inc.
  • Ingenu
  • Landis & GYR
  • Motorola
  • Oati
  • S&G
  • Sensus
  • Siemans AG
  • Tantalus
  • Trilliant
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