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04 Oct 2017  |  North America  |  Market Research
North American Digital Substation Market, Forecast to 2022
Growing Distributed Energy Resources and Need for Grid Modernization will Drive Demand
Utility substations form an integral part of the entire grid network. They will play a vital role in the smart grids of tomorrow. With growing complexity in the grid, energy companies are recognizing the importance of digital transformation. Additional challenges include substation projects coming under increasing cost and time pressure, investors...
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24 Aug 2018  |  North America  |  Market Research
Analysis of the North American Grids Cyber Security Market, Forecast to 2022
Growing Appetite for Automation Solutions Fuels Growth in Grid Cyber Security
The cyber security solutions market has been analyzed on the basis of the five different services, namely Network Access & Operations (NA&O), Analytics & Compliance (A&C), Security Services (SS), Internet Property Defense (IPD), and Device Management (DM). This report is segmented based on solutions offered for the transmission & distribution (T&D)...
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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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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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20 Dec 2021  |  Global  |  Market Research
Global Microgrids Growth Opportunities
Microgrids Will Bolster Transition to Distributed Energy Systems and Help Grids Provide Local Energy Resilience
The global microgrids market will experience strong revenue growth, increasing from $8.85 billion in 2021 to $19.55 billion in 2030. North America and Asia-Pacific (APAC) will be the leading markets from 2021 to 2030. However, APAC will outpace North America and hold the highest share in the long term, focusing on remote microgrids. With largely se...
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