Search results for: 'Penetration Rate'

The well-established global motive lead acid battery market is expected to witness a CAGR of 4.2% between 2017 and 2024. Material handling equipment is the key application using lead acid batteries, globally. Increase in eCommerce models is driving the need for warehouse. These warehouses need electric forklift for indoor operation that boosts the ...

The global penetration rate for smart metering is forecast to increase from just over 40% at the start of 2022 to 65% by 2030. This growth will lead to an increased demand for meter data management (MDM) software. First-generation meters largely focus on basic functions such as billing and time-of-use pricing. With the growth of decentralized energ...

The non-destructive testing (NDT) inspection services market rebounded in 2017 after two years of negative growth. It is expected to transform over the next five years with the advent of new technologies, changing customer requirements regarding connectivity and analytics features, and novel business models. The market was worth $8.79 billion in 20...

Increasing use of blockchain technology will go together with growing advances in the construction and mining industry, especially through digitisation and automation. Key trends such as digital transformation, the rise in automation, modern equipment systems, and proliferation of financial technology (fintech) are influencing equipment models and ...

This Frost & Sullivan research service analyzes the global hydraulic hoses and fittings market from 2015 to 2024, with 2018 as the base year. This study examines various applications, both mobile and industrial, in which hydraulic hoses and hydraulic fittings are used. Industrial applications have been broken out as a distinct application, to furth...

The condition monitoring (CM) equipment market will undergo a significant transformation over the next 5 to 7 years with the advent of new technologies that are changing customer requirements in connectivity and analytics features, among other equipment specifications. Worth $1.92 billion in 2018, CM equipment market revenues are expected to reach ...

Coordinate measuring machines (CMMs) have changed the way dimensional measurements are made in manufacturing facilities. Their ability to cost-effectively provide accurate measurements and improve productivity has helped the market grow over the past decade. The increased penetration across different manufacturing verticals would have not been poss...

DC power systems are expected to see growth as increased demand from telecom companies leads to increased deployment. Advent of 4G and 5G networks leads to steady growth of DC power systems as telecom base station power demand increases steadily. 5G deployment is the key driver for DC power systems, which is expected to see modest growth between 20...

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...