Search results for: 'Simulation Industrial Automation'

An electricity grid is one of the most complex networks and includes many systems and components. The increasing power demand is driving utilities and companies to design networks that can be effectively managed and controlled, resulting in a highly complex and intricate system. To meet this need, utilities require tools, such as intelligent electr...

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

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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 ...

19 Dec 2016  |  Global  |  Market Research

Analysis of the Global Substation Automation Market

Need to Upgrade Aged Substations and Standardize Protocols Drives Adoption

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Substations are key components of the power grid enabling efficient transmission and distribution (T&D) of power from increasingly complex sources (including conventional and renewable sources) to the demand centers. While developed markets will draw attention toward advanced substation automation solutions with interoperability features, emerging ...

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...

This research service analyzes the Virtual Power Plant (VPP) market by end users (demand management, power trading), region (North America, Europe, Asia-Pacific, and Rest-of-world), trends, and revenue forecast till 2022. VPP promises significant improvements in grid reliability and resilience and early adoption has taken place in Western Europe an...

The 2020s will see last-mile electricity infrastructure undergo some much-needed advancement,which will enhance the overall electricity system. It will become a smarter and a more responsive system, one in which a car could power a home or batteries could power an entire football stadium on match day. The possibilities will increase based on how co...

18 Jul 2019  |  Global  |  Market Research

Global Smart Grid Analytics Market, Forecast to 2025

Big Data Analytics to Drive Utility Energy Management, Cost Reduction and Equipment Reliability

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The global smart grid analytics market is projected to generate $2.31 billion in sales by end of 2025. This study segments data analytics according to three main areas of the grid network, which ranges from customer endpoints, all the way up to the distribution and transmission network. • T&D analytics consist of analytics-related management an...

Smart meters are the bedrock component of a future smart grid. The smart meter market is driven by the reduction of non-technical loss, their essential role in effective integration of renewable energy, and government initiatives and regulations. Global AMI metering market revenue grew 29.8% from 2017 to 2018, reaching $6,931.5 million; revenue is ...

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...