Smart Grid Transmission Equipment Market - PowerPoint PPT Presentation

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Smart Grid Transmission Equipment Market

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In today’s scenario of Internet of things-driven economy, smart grid transmission equipment is the important component for the development of smart grid networks. Creating smart cities, electric vehicles and other developments require continuous transmission of power operations and through a reliable and smarter transmission and distribution (T&D) equipment system. Though demand of electricity has increased but the global trade of T&D equipment has not increased significantly. But in the coming years smart grid market will be rising and the demand for electricity is expected to get doubled and thus, the demand for T&D equipment will also increase. – PowerPoint PPT presentation

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Title: Smart Grid Transmission Equipment Market


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Global Smart Grid Transmission Equipment Market -
Industry Size Analysis Forecast 2016-2024
Report Code ER10014
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2
Global Smart Grid Transmission Equipment Market -
Industry Size Analysis Forecast 2016-2024
 
Sample Request
Smart Grid Transmission Equipment Market 
Market Overview In todays scenario of Internet
of things-driven economy, smart grid transmission
equipment is the important component for the
development of smart grid networks. Creating
smart cities, electric vehicles and other
developments require continuous transmission of
power operations and through a reliable and
smarter transmission and distribution (TD)
equipment system. Goldstein Research analyst
forecasts the smart grid transmission equipment
market size is set to reach USD 4.5 trillion by
2024, registering a CAGR of 17.5 over the
forecast period. Covered In This Smart Grid
Transmission Equipment Industry Report The report
covers the present ground scenario and the future
growth prospects of the smart grid transmission
equipment market for 2016-2024 along with the
statistics of smart power grid transmission
global investments. We have calculated the market
size and revenue share on the basis of revenue
generated from the major players and total sales
of smart grid transmission equipment across the
globe. The rising trend of technology based
gadgets in developed nations such as United
States, Australia are triggering the sales of
smart grid transmission equipment. On the basis
of this aspect, we have forecasted the global
smart glass market till 2024. Browse Full Report
_at_ https//www.goldsteinresearch.com/report/smart-g
rid-transmission-equipment-market-outlook-2016-202
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Global Smart Grid Transmission Equipment Market -
Industry Size Analysis Forecast 2016-2024
  • Global Smart Grid Transmission Equipment Market
    Segmentation
  • By Equipment Type
  • High Voltage Direct Current (HVDC)
  • Volt-Ampere Reactive (VAR)
  • Flexible AC Transmission system (FACTS)
  • Volt-Ampere  Reactive (VAR)
  • Syncrophasers
  • Based on Geography
  • North America (U.S. Canada) smart grid
    transmission equipment market
  • Latin America (Brazil, Mexico, Argentina Rest
    of Latin America) smart grid transmission
    equipment market
  • Europe (The U.K., Germany, France, Italy,
    Hungary, Spain, Poland, Sweden RoE) smart grid
    transmission equipment market
  • Asia-Pacific (China, India, Japan, Singapore,
    South Korea, Australia, New Zealand, Rest of
    Asia) smart grid transmission equipment market

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4
Global Smart Grid Transmission Equipment Market -
Industry Size Analysis Forecast 2016-2024
Smart Grid Transmission Equipment Industry -
Trends, Drivers and Challenges According to our
global market study on the basis of extensive
primary and secondary research, Rising trend is
the smart grid provides the real time monitoring
and control of the electricity transmission over
the large areas and any losses during
transmission. Thus the transmission equipments
are advanced to ensure the reliable transmission,
voltage stability, angular stability and
increasing transmission line capacity and
integration with renewable energy resources.
According to the report, major driving factor
for expansion of global smart grid transmission
equipment market are the less matured smart grid
markets that attract the TD equipment market for
the development and modernization of the smart
grids, and to establish a better connection
between the supplier and consumer. These areas
provide opportunities to import more equipment
from the developed regions such as U.S., leading
the global smart grid transmission equipment
market to rise. Further, the report states that
the major challenge is a need for risk management
of smart grid cyber security. Cyber hacking of
smart grid networking can lead to shut down of
power being supplied to various important areas
such as defense related areas or for the regular
activities in an economy. For instance, in 2015
Ukraines energy grid was attacked and power
transmission was disabled which left 225,000
people without power. Request TOC _at_
https//www.goldsteinresearch.com/toc-request/smar
t-grid-transmission-equipment-market-outlook-2016-
2024
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5
Global Smart Grid Transmission Equipment Market -
Industry Size Analysis Forecast 2016-2024
Global Smart Grid Transmission Equipment
Market Analysis Based on geography, North
America dominated the smart grid transmission
equipment market. US total TD equipment exports
accounted for USD 2.0 billion. Mexico tops the
TD equipment sub-sector rankings because it
benefits from the established distribution
channels, same grid frequency operation, close
regional proximity to the United States and
higher growth in electricity demand. Latin
market, Asia-Pacific and African market are more
likely to grow after US, as the high population
is connecting and development towards better
performing TD equipment.  Opportunities for U.S.
exporters will persist being the largest
transmission and equipment manufacturers. Key
Players Our global smart grid transmission
equipment market report comprises of the
following companies as the key players in the
smart grid transmission equipment market  ABB,
GE-Alstom, Prysmian, Schneider Electric, Siemens,
Burns and McDonnel, 3m, Power Engineering
International, Sterlite Power. Other high-flying
vendors in the smart grid transmission equipment
market are Zhuhai Gopower smart grid ltd.,
Huawei, CESI, Enphase Energy. The study was
conducted using an objective combination of
primary and secondary information including
inputs from key participants in the industry. The
report contains a comprehensive market and
technological landscape in addition to a SWOT
analysis of the key players.
Sample Request
6
Global Smart Grid Transmission Equipment Market -
Industry Size Analysis Forecast 2016-2024
About Goldstein Research Based in U.S., Goldstein
Research is a young business consulting company
and market research firm with vast reach across
America, Asia and parts of Europe and the Middle
East. In the next five years, we strive to
expand our reach to 50 nations spanning across
Europe, Asia and parts of the Middle East and
Africa. We strive to realize a strong brand
presence globally through our industry analysis
reports in various field. With 30 domain
experts and 50 employees working day and night
to crunch numbers and bring out the best and
detailed market reports and forecasts, we strive
to enable you to foresee upcoming market
challenges and develop a robust business model
and strategies, which would add to your
profitability and market visibility as a
brand. Our mission is simple to develop
insightful business solutions, help our clients
make powerful future decisions to keep them well
ahead of the game which is the market, and leave
a mark across businesses and communities through
our well-defined ideas and clear cut forecasts.
Our mission is simple to develop insightful
business solutions, help our clients make
powerful future decisions to keep them well ahead
of the game which is the market, and leave a mark
across businesses and communities through our
well-defined ideas and clear cut forecasts.
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Global Smart Grid Transmission Equipment Market -
Industry Size Analysis Forecast 2016-2024
For more information Contact Us
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Global Smart Grid Transmission Equipment Market -
Industry Size Analysis Forecast 2016-2024
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