North American Digital Grid Communication Infrastructure, Forecast to 2023

North American Digital Grid Communication Infrastructure, Forecast to 2023

Modernizing the Electric Grid through Connectivity

RELEASE DATE
11-Oct-2017
REGION
North America
Deliverable Type
Market Research
Research Code: K20F-01-00-00-00
SKU: EG01833-NA-MR_20943
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$4,950.00
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Description

The study estimates that the total digital grid communication infrastructure market for the North American electric grid would grow at a CAGR of 9.1% through the forecast years. The study estimates the size of the market to be $555 Million as of 2016 and is forecast to reach over $1 Billion by 2023.

The study categorizes the market into two broad segments – Technology and Application. As far as the technologies are concerned, the study classifies them into wired and wireless technologies and as far as applications are concerned it classifies them into 4 sub-segments under each type of technology namely – Advanced Meter Infrastructure, Distribution Automation, Substation Automation and Emerging Applications such as edge intelligence, virtual power plants and micro-grids.

The study also identifies technology specific drivers and challenges that not just contextualize the analysis but also determine the direction of growth of the industry. Some of the key influencing drivers include cyber-security, proliferation of DERs and improving the operational efficiency of utilities while some of the barriers of adoption include the lack of interoperability and willingness of utilities to modernize as well as the high investment costs associated with deployment.

A key insight learned through the study highlights the fact that a rapidly changing market environment demands flexibility in the communications infrastructure. With a forward looking market and most utilities filing for rate increases in the last two or three citing rising capital expenditures in transmission distribution assets, vendors should be in a position to develop a compelling business models such as “communication-as-a-service (CAAS)” to improve bottom line results for end users.

By 2023, the rate of growth of wireless devices will outpace that of wired owing to advancements in IoT and rolling out of 5G at scale. There will be a demand for outcome based solutions rather than application-specific products/services. Virtual power plants, micro grids and edge intelligence are forecast to drive demand and deployment of modern wireless communication devices

The bottom line is: with competition intensifying, product innovation, reliability, interoperability and customer value are key factors in determining market leaders in the digital grid communications market.

RESEARCH: INFOGRAPHIC

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Table of Contents

Executive Summary

Market Engineering Measurements

CEO’s Perspective

Overview of Contents

Market Definitions

Wired Technology

Wireless Technology

Disruptive Trends—Managed Services

Disruptive Product Technology

Disruptive Product Technology

Market Segmentation

Market Overview—Distribution Channels

Market Engineering Measurements

Revenue Forecast

Revenue Forecast by Segment

Market Share

Market Share Analysis

Competitive Environment

Competitive Factors and Assessment

The Communication Device Ecosystem

Competitor Analysis—Itron

Competitor Analysis—Landis & Gyr

Competitor Analysis—Siemens

Competitor Analysis—ABB

Growth Opportunity 1—Communication As A Service (CAAS)

Growth Opportunity 2—5G Enabled Devices

Strategic Imperatives for Success and Growth

Key Findings

Market Engineering Measurements

Revenue Forecast

Revenue Forecast by Application

Key Findings

Market Engineering Measurements

Revenue Forecast

Revenue Forecast by Application

The Last Word—3 Big Predictions

Legal Disclaimer

Market Engineering Methodology

Grid Communication Technologies—Architecture

Key Smart Grid Applications

List of Companies

Abbreviations and Acronyms Used

List of Figures
  • 1. Digital Grid Communication Infrastructure Market: Wired Technology Platforms, North America, 2016
  • 2. Digital Grid Communication Infrastructure Market: Wireless Technology Platforms, North America, 2016
  • 3. Digital Grid Communication Infrastructure Market: Technology Breakdown, North America, 2016
  • 4. Digital Grid Communication Infrastructure Market: Key Market Drivers, North America, 2017–2023
  • 5. Digital Grid Communication Infrastructure Market: Key Market Restraints, North America, 2017–2023
  • 6. Digital Grid Communication Infrastructure Market: Market Engineering Measurements, North America, 2016
  • 7. Digital Grid Communication Infrastructure Market: Company Market Share Analysis of Top 5 Participants, North America, 2016
  • 8. Digital Grid Communication Infrastructure Market: Competitive Structure, North America, 2016
  • 9. Digital Grid Communications Market: Communication Device Ecosystem, North America, 2016
  • 10. Wired Segment: Market Engineering Measurements, North America, 2016
  • 11. Wireless Segment: Market Engineering Measurements, North America, 2016
List of Charts
  • 1. Digital Grid Communications Infrastructure Market: Market Engineering Measurements, North America, 2016
  • 2. Digital Grid Communication Infrastructure Market: Market Segment Breakdown, North America, 2016
  • 3. Digital Grid Communication Infrastructure Market: Percent Revenue by Technology and Application, North America, 2016
  • 4. Digital Grid Communication Infrastructure Market: Distribution Channel Analysis, North America, 2016
  • 5. Digital Grid Communications Infrastructure Market: Revenue Forecast, North America, 2013–2023
  • 6. Digital Grid Communications Infrastructure Market: Revenue Forecast by Segment, North America, 2013–2023
  • 7. Digital Grid Communication Infrastructure Market: Percent Revenue Breakdown, North America, 2016
  • 8. Digital Grid Communication Infrastructure Market: Competitive Factors and Assessment, North America, 2016
  • 9. Wired Segment: Percent Revenue Breakdown, North America, 2016
  • 10. Wired Segment: Revenue Forecast, North America, 2013–2023
  • 11. Wired Segment: Revenue Forecast by Application, North America, 2013–2023
  • 12. Wireless Segment: Percent Revenue Breakdown, North America, 2016
  • 13. Wireless Segment: Revenue Forecast, North America, 2013–2023
  • 14. Wireless Segment: Revenue Forecast by Application, North America, 2013–2023
The study estimates that the total digital grid communication infrastructure market for the North American electric grid would grow at a CAGR of 9.1% through the forecast years. The study estimates the size of the market to be $555 Million as of 2016 and is forecast to reach over $1 Billion by 2023. The study categorizes the market into two broad segments – Technology and Application. As far as the technologies are concerned, the study classifies them into wired and wireless technologies and as far as applications are concerned it classifies them into 4 sub-segments under each type of technology namely – Advanced Meter Infrastructure, Distribution Automation, Substation Automation and Emerging Applications such as edge intelligence, virtual power plants and micro-grids. The study also identifies technology specific drivers and challenges that not just contextualize the analysis but also determine the direction of growth of the industry. Some of the key influencing drivers include cyber-security, proliferation of DERs and improving the operational efficiency of utilities while some of the barriers of adoption include the lack of interoperability and willingness of utilities to modernize as well as the high investment costs associated with deployment. A key insight learned through the study highlights the fact that a rapidly changing market environment demands flexibility in the communications infrastructure. With a forward looking market and most utilities filing for rate increases in the last two or three citing rising capital expenditures in transmission distribution assets, vendors should be in a position to develop a compelling business models such as “communication-as-a-service (CAAS)” to improve bottom line results for end users. By 2023, the rate of growth of wireless devices will outpace that of wired owing to advancements in IoT and rolling out of 5G at scale. There will be a demand for outcome based solutions rather than application-specific product
More Information
Deliverable Type Market Research
No Index No
Podcast No
Table of Contents | Executive Summary~ || Executive Summary~ || Market Engineering Measurements~ || CEO’s Perspective~ | Market Overview~ || Overview of Contents~ || Market Definitions~ || Wired Technology~ || Wireless Technology~ | Disruptive Trends and Technology~ || Disruptive Trends—Managed Services~ || Disruptive Product Technology~ || Disruptive Product Technology~ | Digital Grid Communication Infrastructure Market~ || Market Segmentation~ || Market Overview—Distribution Channels~ | Drivers and Restraints—Digital Grid Communication Infrastructure Market~ || Market Drivers~ || Market Restraints~ | Forecasts and Trends—Digital Grid Communication Infrastructure Market~ || Market Engineering Measurements~ || Revenue Forecast~ || Revenue Forecast by Segment~ | Market Share and Competitive Analysis—Digital Grid Communication Infrastructure Market~ || Market Share~ || Market Share Analysis~ || Competitive Environment~ || Competitive Factors and Assessment~ || The Communication Device Ecosystem~ || Competitor Analysis—Itron~ || Competitor Analysis—Landis & Gyr~ || Competitor Analysis—Siemens~ || Competitor Analysis—ABB~ | Growth Opportunities and Companies to Action~ || Growth Opportunity 1—Communication As A Service (CAAS)~ || Growth Opportunity 2—5G Enabled Devices~ || Strategic Imperatives for Success and Growth~ | Wired Segment Breakdown~ || Key Findings~ || Market Engineering Measurements~ || Revenue Forecast~ || Revenue Forecast by Application~ | Wireless Segment Breakdown~ || Key Findings~ || Market Engineering Measurements~ || Revenue Forecast~ || Revenue Forecast by Application~ | The Last Word~ || The Last Word—3 Big Predictions~ || Legal Disclaimer~ | Appendix~ || Market Engineering Methodology~ || Grid Communication Technologies—Architecture~ || Key Smart Grid Applications~ || List of Companies~ || Abbreviations and Acronyms Used~
List of Charts and Figures 1. Digital Grid Communication Infrastructure Market: Wired Technology Platforms, North America, 2016~ 2. Digital Grid Communication Infrastructure Market: Wireless Technology Platforms, North America, 2016~ 3. Digital Grid Communication Infrastructure Market: Technology Breakdown, North America, 2016 ~ 4. Digital Grid Communication Infrastructure Market: Key Market Drivers, North America, 2017–2023~ 5. Digital Grid Communication Infrastructure Market: Key Market Restraints, North America, 2017–2023~ 6. Digital Grid Communication Infrastructure Market: Market Engineering Measurements, North America, 2016~ 7. Digital Grid Communication Infrastructure Market: Company Market Share Analysis of Top 5 Participants, North America, 2016~ 8. Digital Grid Communication Infrastructure Market: Competitive Structure, North America, 2016~ 9. Digital Grid Communications Market: Communication Device Ecosystem, North America, 2016~ 10. Wired Segment: Market Engineering Measurements, North America, 2016~ 11. Wireless Segment: Market Engineering Measurements, North America, 2016~| 1. Digital Grid Communications Infrastructure Market: Market Engineering Measurements, North America, 2016~ 2. Digital Grid Communication Infrastructure Market: Market Segment Breakdown, North America, 2016 ~ 3. Digital Grid Communication Infrastructure Market: Percent Revenue by Technology and Application, North America, 2016 ~ 4. Digital Grid Communication Infrastructure Market: Distribution Channel Analysis, North America, 2016~ 5. Digital Grid Communications Infrastructure Market: Revenue Forecast, North America, 2013–2023~ 6. Digital Grid Communications Infrastructure Market: Revenue Forecast by Segment, North America, 2013–2023~ 7. Digital Grid Communication Infrastructure Market: Percent Revenue Breakdown, North America, 2016~ 8. Digital Grid Communication Infrastructure Market: Competitive Factors and Assessment, North America, 2016~ 9. Wired Segment: Percent Revenue Breakdown, North America, 2016~ 10. Wired Segment: Revenue Forecast, North America, 2013–2023~ 11. Wired Segment: Revenue Forecast by Application, North America, 2013–2023~ 12. Wireless Segment: Percent Revenue Breakdown, North America, 2016~ 13. Wireless Segment: Revenue Forecast, North America, 2013–2023~ 14. Wireless Segment: Revenue Forecast by Application, North America, 2013–2023~
Author Naren Pasupalati
Industries Energy
WIP Number K20F-01-00-00-00
Is Prebook No