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30 Nov 2020  |  Global  |  Market Research
Next-generation Smart Metering Intelligence to Unlock the Future Grid Potential
The Second Wave of Rollouts and Smart Meter Use Cases to Proliferate, Driving Grid Transformation Services in Energy Transition, Amidst Transforming Customer Experience and Offerings
The global smart meter market continued to register strong growth in 2019, as major rollouts continued to accelerate. China led the trail and various pockets of Europe went ahead with large-scale pilots and installing second-generation smart meters. China continued to account for more than half of the global market, holding 56.2% of the total shipm...
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24 Feb 2016  |  Global  |  Market Research
Global Medium Voltage Pole Mounted Switchgear Market
Electrification Initiatives in Asia and Replacement Opportunities in North America Drive Growth
Switchgear forms an integral component of the transmission and distribution grid network. Medium voltage pole mount switchgear is interchangeably used with terms such as reclosers and sectionalizers. This study provides a complete overview of pole mounted switchgear, which consists of primary and secondary switchgear. The market, in which utilities...
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16 Oct 2018  |  North America  |  Market Research
North American High Voltage Gas Insulated Switchgear (HV GIS) Market, Forecast to 2024
Investment for Long-term Capacity Stabilizes Demand for HV Infrastructure
A gas insulated switchgear (GIS), typically housed in a high voltage substation, is a critical component in the substations of the transmission network of utilities or in energy-intensive industrial units. In general, GIS structures are contained in a metal-sealed environment with sulfur hexafluoride gas (SF6) as the insulating medium. A GIS’s basi...
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13 Oct 2017  |  Global  |  Market Research
Global Switchgear Market, Forecast to 2020
Electrification Initiatives and Modernization of Critical Infrastructure Drive Adoption of Switchgear
The global medium voltage (1-38kV) and high voltage (greater than 38kV) switchgear market is a mature one with steady growth across the globe driven by factors such as replacement of aged infrastructure, rising power demand, and growing renewable and industrial establishments. The study aims to analyze and forecast the global switchgear market. Res...
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13 Feb 2020  |  South Asia, Middle East & North Africa  |  Market Research
Indian Low-voltage Switchgear Market, Forecast to 2023
Investment into Infrastructure, Real Estate and Renewable Energy to Drive the Market
This research service examines the India Low-voltage (LV) switchgear market, using the calendar year 2018 as a base year, and insights from manufacturers, channel partners, and end users to identify drivers and restraints for the market until 2023. At the overall level, the market is segmented by product, region, end users and competition. The stud...
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19 Mar 2015  |  Global  |  Market Research
Analysis of the Global Substation Automation and Integration Market
Increase in Demand for Energy Efficiency and Smart Grid Infrastructure Drives the Adoption of Substation Automation Solutions
This research service examines the global substation automation and integration market. Due to the increase in demand for power in developing countries, and the need for greater energy efficiency, utilities are working towards upgrading their grid infrastructure with more advanced solutions to minimize the downtime. The study discusses the driving ...
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22 Nov 2013  |  North America  |  Market Research
Global Advanced Metering Infrastructure (AMI) Market
Strong Global Growth as the Smart Market Accelerates
As the smart grid continues to develop, metering is a key building block in the process, enabling the accurate measurement of consumption and allowing utility companies to move toward real-time pricing and policies to try and reduce peak demand. The market is being driven by increased regulations and, in some markets, a desire to minimise non-techn...
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28 Apr 2023  |  Global  |  Market Research
Global Microgrids Growth Opportunities
Demand for Electrification, Renewables, and Grid Resilience Drive Future Growth Potential
The global microgrids market revenue is forecast to increase from $3.37 billion in 2022 to $8.00 billion in 2030. While North America is projected to remain the largest regional market over the forecast period, the Asian region is expected to outpace its growth. With a largely secure grid infrastructure, the European Union has limited microgrid dev...
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25 Nov 2014  |  Asia Pacific  |  Market Research
Southeast Asia Power and Distribution Transformers Market
Strong Industrial Growth and Increasing Urbanization Lift Prospects in Next 5 Years
The Southeast Asia transformers market is in the growth stage with several transmission and distribution (T&D) grid projects underway in various stages of development. Governmental T&D investment plans, industrial projects, urbanization trends, rural electrification, and renewable energy projects drive this market. Still, the demand for oil type tr...
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08 Jul 2022  |  North America  |  Market Research
Global Transformer Growth Opportunities
Greater Grid Resiliency, Increased Grid Intelligence, and Security of Supply— All Key Drivers of Future Growth
Rising electricity demand complemented by sustained scaling up of renewable energy worldwide will boost investments in power transmission and distribution (T&D) infrastructure and grid assets, including transformers. The global transformer market revenue is expected to reach $64.24 billion in 2030; a market rebound is expected from 2022 onward. Tho...
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