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Smart Grid Optimization Solutions Market in Americas 2016 to Grow at a CAGR of 16.1% During the Period to 2020

Smart Grid Optimization Solutions Market in Americas 2016 Size, Share, Trend, Growth, Research, Industry Analysis and Forecast to 2020 by Market Research Store

 

Deerfield Beach, FL -- (SBWIRE) -- 02/19/2016 -- About Smart Grid Optimization Solutions

Smart grid optimization solutions have a wide array of advances that give utilities and grid operators to digital control a power delivery network. Although the concept of network optimization is simple, the practice is complex because it involves multiple variables and compensations. Rising demand, lack of predictability of renewable resource generation, volatile energy costs, and the emergence of electric vehicles are the factors that affect network stability. Utilities have to predict and diagnose potential problems and take decisions to provide high-quality and reliable services. Grid Optimization is an umbrella term that refers to improvements in three main areas:

- System reliability
- Operational Ef?ciency
- Asset utilization and protection

Smart grid optimization solutions market in the Americas to grow at a CAGR of 16.1% over the period 2014-2019.

Covered in this Report

The report includes the present scenario and the growth prospects of the smart grid optimization solutions market in the Americas for the period 2015-2019. The market can be segmented into three: generation, transmission, and distribution optimization solutions.

Smart Grid Optimization Solutions Market in the Americas 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Vendors
- ABB
- GE Energy
- S&C Electric
- Schneider Electric
- Schweitzer Engineering Laboratories

Other Prominent Vendors
- Ambient
- BPL Global
- Oracle

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Key Market Driver
- Increased Smart Grid Deployment
- For a full, detailed list, view our report

Key Market Challenge
- Exposure to Cyber Attacks
- For a full, detailed list, view our report

Key Market Trend
- Growing Government Support for Smart Grid Industry
- For a full, detailed list, view our report