About Smart Grid
A smart grid is a large global commercial venture that aims at modernizing the power grid by using latest technology that helps utilities in minimizing the level of T&D losses, improving power system efficiency, and assisting in optimized utilization of resources. It improves the reliability of power grid by registering and reducing the frequency and duration of disturbances, faults, and outages. This is achieved with the help of advanced metering infrastructure, data management software, and communication networks.
TechNavio's analysts forecast Smart Grid market in the Americas to grow at a CAGR of 9.6 percent over the period 2013-2018.
Covered in this Report
The Smart Grid market in the Americas can be segmented into four divisions: Integrated Communication, Sensing and Measurement, Cabling, and Consumer Interface.
TechNavio's report, the Smart Grid Market in the Americas 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas; it also covers the Smart Grid market landscape in the Americas and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
• ABB
• GE Energy
• Landis+Gyr
• Schweitzer Engineering Laboratories
• Siemens
Other Prominent Vendors
• Arbiter Systems
• Elster Metering Holdings
• Itron
• Sensus Metering Systems
Market Driver
• Aging Power Grid Infrastructure
• For a full, detailed list, view our report
Market Challenge
• IT Security Concerns
• For a full, detailed list, view our report
Market Trend
• Integration of Renewable Energy Sources into the Power Grid
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2018 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?