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(EMAILWIRE.COM, August 01, 2019 ) This report presents the worldwide Smart Grid T&D Equipment market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Smart T&D equipment transfers electricity from the transmission system to the consumer delivery point. Such equipment improves the overall efficiency of the smart grid, minimizes technical losses, improves O&M, and improves the longevity of the T&D equipment, deferring the investment and allowing grid operators to monitor and control the functions of the grid from a remote location. Smart T&D equipment includes reclosers, fault current indicators, automated switches, Volt-VAR control equipment, synchrophasor, and HVDC, among others.
The global smart grid transmission and distribution (T&D) equipment market to grow at a CAGR of more than 13.5% over the forecast period. One of the primary factors driving the growth of this market is the rapid modernization of grid. An aging power infrastructure, need for mitigation of cybersecurity risk, and the addition of new resources to the grid have resulted in the electricity and power sector to find ways to make the grid more reliable and flexible to suit the rapid changes in the supply and demand. This has led to the modernizing of the grid by implementing smart grids that use digital and information technology to manage the power flow efficiently. Moreover, according to the International Energy Agency significant investments are made for the refurbishment and replacement of the T&D infrastructure, thereby propelling the growth prospects for this market in the coming years.
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The Smart Grid T&D Equipment market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Smart Grid T&D Equipment.
The following manufacturers are covered in this report: ABB GE-Alstom Grid Eaton Schneider Electric Siemens Emerson Omron Prysmian Aclara NARI Group Mitsubishi S & C Electric Chint Group
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Smart Grid T&D Equipment Breakdown Data by Type Transmission Equipment Distribution Equipment
Smart Grid T&D Equipment Breakdown Data by Application Power Station Transformer Substation Other The study objectives are:
To analyze and research the global Smart Grid T&D Equipment status and future forecast?involving, production, revenue, consumption, historical and forecast.
To present the key Smart Grid T&D Equipment manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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Some Points From Table of Content:
Chapter One: Study Coverage
Chapter Two: Executive Summary
Chapter Three: Market Size by Manufacturers
Chapter Four: Smart Grid T&D Equipment Production by Regions
Chapter Five: Smart Grid T&D Equipment Consumption by Regions
Chapter Six: Market Size by Type
Continued…
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