This report studies the global Grid Optimization Solutions market, analyzes and researches the Grid Optimization Solutions development status and forecast in United States, EU, Japan, China, India and Southeast Asia.

Albany, NY -- (SBWire) -- 02/05/2018 --Grid optimization solutions market identifies that the transition to smart grids will be one of the major factors that will have a positive impact on the growth of the market. The transition from rigid structures to smart grids is driven by factors such as climate change policies, urbanization, and technological advancements. Smart grids offer advantages such as optimization to all grid functions by installing sensors, communication systems, and information technology. This makes the grid smarter and enables utilities to achieve the balance between cost, reliability, and efficiency. Moreover, this transition also assists utilities to obtain real-time control and improved data exchange that in turn will permit them to manage risks, maximize asset utilization, carry out systematic maintenance to increase the network performance and efficiency. This will subsequently drive the need for grid optimization solutions, fueling market growth.

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The rising need for energy efficiency is one of the latest trends that will gain traction in the grid optimization solutions market in the forthcoming years. Energy efficiency is one of the most effectual ways to lower energy consumption rates as it is much more profitable than procuring extra power from reserve plants or investing in building newer power sources. Grid efficiency can be improved by optimizing system performance and increasing asset utilization. Improving energy efficiency in grids leads to lesser burden on energy systems and reduced line losses. This increases the need for energy efficiency in grids. Additionally, investments in energy efficiency will also pave the way for utilities to adopt grid optimization technologies in the future.

Competitive landscape and key vendors
The grid optimization solutions market comprises of established vendors. In many regions, local or regional vendors hold the maximum share of the market which increases the competition. The grid optimization solutions vendors have a wide portfolio of power plant-related equipment and services that can be customized based on the customer requirements. Also, these vendors have dedicated R&D funds and increased capital resources for coming up with innovative sensor technologies that is a challenge for medium and small vendors.

The leading vendors in the market are -
ABB
Aclara Technologies
Eaton
General Electric
Power Technologies
FirstEnergy
Green Mountain Power
Hexagon
Simpson Electric
Doble Engineering Company
EKM Metering
CGI Group
Electric Power Group
Holley Metering
Jiaxing Eastron Electronic Instruments
National Information Solutions
Sentient Technologies Holdings

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Market segment by Regions/Countries, this report covers
United States
EU
Japan
China
India
Southeast Asia

Market segment by Type, the product can be split into
Software Components
Hardware Components

Market segment by Application, Grid Optimization Solutions can be split into
Government Departments
Enterprise Sector
Financial Industry
School
Other

Key questions answered in the report include
-What will the market size and the growth rate be in 2025?
-What are the key factors driving the global grid optimization solutions market?
-What are the key market trends impacting the growth of the global grid optimization solutions market?
-What are the challenges to market growth?
-Who are the key vendors in the global grid optimization solutions market?
-What are the market opportunities and threats faced by the vendors in the global grid optimization solutions market?
-Trending factors influencing the market shares of the Americas, APAC, and EMEA.
-What are the key outcomes of the five forces analysis of the global grid optimization solutions market?

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Table of Contents

Global Grid Optimization Solutions Market Size, Status and Forecast 2025
1 Industry Overview of Grid Optimization Solutions
1.1 Grid Optimization Solutions Market Overview
1.1.1 Grid Optimization Solutions Product Scope
1.1.2 Market Status and Outlook
1.2 Global Grid Optimization Solutions Market Size and Analysis by Regions (2013-2018)
1.2.1 United States
1.2.2 EU
1.2.3 Japan
1.2.4 China
1.2.5 India
1.2.6 Southeast Asia
1.3 Grid Optimization Solutions Market by Type
1.3.1 Software Components
1.3.2 Hardware Components
1.4 Grid Optimization Solutions Market by End Users/Application
1.4.1 Government Departments
1.4.2 Enterprise Sector
1.4.3 Financial Industry
1.4.4 School
1.4.5 Other

2 Global Grid Optimization Solutions Competition Analysis by Players
2.1 Grid Optimization Solutions Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future

3 Company (Top Players) Profiles
3.1 ABB
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products, Services and Solutions
3.1.4 Grid Optimization Solutions Revenue (Million USD) (2013-2018)
3.1.5 Recent Developments
3.2 Aclara Technologies
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products, Services and Solutions
3.2.4 Grid Optimization Solutions Revenue (Million USD) (2013-2018)
3.2.5 Recent Developments
3.3 Eaton
3.3.1 Company Profile
3.3.2 Main Business/Business Overview
3.3.3 Products, Services and Solutions
3.3.4 Grid Optimization Solutions Revenue (Million USD) (2013-2018)
3.3.5 Recent Developments
3.4 General Electric
3.4.1 Company Profile
3.4.2 Main Business/Business Overview
3.4.3 Products, Services and Solutions
3.4.4 Grid Optimization Solutions Revenue (Million USD) (2013-2018)
3.4.5 Recent Developments
3.5 Power Technologies
3.5.1 Company Profile
3.5.2 Main Business/Business Overview
3.5.3 Products, Services and Solutions
3.5.4 Grid Optimization Solutions Revenue (Million USD) (2013-2018)
3.5.5 Recent Developments
3.6 FirstEnergy
3.6.1 Company Profile
3.6.2 Main Business/Business Overview
3.6.3 Products, Services and Solutions
3.6.4 Grid Optimization Solutions Revenue (Million USD) (2013-2018)
3.6.5 Recent Developments
3.7 Green Mountain Power
3.7.1 Company Profile
3.7.2 Main Business/Business Overview
3.7.3 Products, Services and Solutions
3.7.4 Grid Optimization Solutions Revenue (Million USD) (2013-2018)
3.7.5 Recent Developments
3.8 Hexagon
3.8.1 Company Profile
3.8.2 Main Business/Business Overview
3.8.3 Products, Services and Solutions
3.8.4 Grid Optimization Solutions Revenue (Million USD) (2013-2018)
3.8.5 Recent Developments
3.9 Simpson Electric
3.9.1 Company Profile
3.9.2 Main Business/Business Overview
3.9.3 Products, Services and Solutions
3.9.4 Grid Optimization Solutions Revenue (Million USD) (2013-2018)
3.9.5 Recent Developments
3.10 Doble Engineering Company
3.10.1 Company Profile
3.10.2 Main Business/Business Overview
3.10.3 Products, Services and Solutions
3.10.4 Grid Optimization Solutions Revenue (Million USD) (2013-2018)
3.10.5 Recent Developments
3.11 EKM Metering
3.12 CGI Group
3.13 Electric Power Group
3.14 Holley Metering
3.15 Jiaxing Eastron Electronic Instruments
3.16 National Information Solutions
3.17 Sentient Technologies Holdings

4 Global Grid Optimization Solutions Market Size by Type and Application (2013-2018)
4.1 Global Grid Optimization Solutions Market Size by Type (2013-2018)
4.2 Global Grid Optimization Solutions Market Size by Application (2013-2018)
4.3 Potential Application of Grid Optimization Solutions in Future
4.4 Top Consumer/End Users of Grid Optimization Solutions

5 United States Grid Optimization Solutions Development Status and Outlook
5.1 United States Grid Optimization Solutions Market Size (2013-2018)
5.2 United States Grid Optimization Solutions Market Size and Market Share by Players (2013-2018)
5.3 United States Grid Optimization Solutions Market Size by Application (2013-2018)