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Smart Grid T&D Equipment Market Set to Grow at a CAGR of 13.5% over 2018 to 2025: ABB, GE-Alstom Grid, Eaton, Schneider Electric, Siemens, Emerson

Recent research and the current scenario as well as future market potential of "Global Smart Grid T&D Equipment Market Insights, Forecast to 2025" globally.

 

Albany, NY -- (SBWIRE) -- 09/28/2018 -- This report presents the worldwide https://www.marketresearchreports.biz/reports/1879382/global-smart-grid-t-d-market-research-reports">Smart Grid T&D Equipment market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Smart T&D equipment transfers electricity from the transmission system to the consumer delivery point. Such equipment improves the overall efficiency of the smart grid, minimizes technical losses, improves O&M, and improves the longevity of the T&D equipment, deferring the investment and allowing grid operators to monitor and control the functions of the grid from a remote location. Smart T&D equipment includes reclosers, fault current indicators, automated switches, Volt-VAR control equipment, synchrophasor, and HVDC, among others.

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The global smart grid transmission and distribution (T&D) equipment market to grow at a CAGR of more than 13.5% over the forecast period. One of the primary factors driving the growth of this market is the rapid modernization of grid. An aging power infrastructure, need for mitigation of cybersecurity risk, and the addition of new resources to the grid have resulted in the electricity and power sector to find ways to make the grid more reliable and flexible to suit the rapid changes in the supply and demand. This has led to the modernizing of the grid by implementing smart grids that use digital and information technology to manage the power flow efficiently. Moreover, according to the International Energy Agency significant investments are made for the refurbishment and replacement of the T&D infrastructure, thereby propelling the growth prospects for this market in the coming years.

The Smart Grid T&D Equipment market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Smart Grid T&D Equipment.

The following manufacturers are covered in this report:
ABB
GE-Alstom Grid
Eaton
Schneider Electric
Siemens
Emerson
Omron
Prysmian
Aclara
NARI Group
Mitsubishi
S & C Electric
Chint Group

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Smart Grid T&D Equipment Breakdown Data by Type
Transmission Equipment
Distribution Equipment

Smart Grid T&D Equipment Breakdown Data by Application
Power Station
Transformer Substation
Other

Smart Grid T&D Equipment Production by Region
United States
Europe
China
Japan
Other Regions
Other Regions

Smart Grid T&D Equipment Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Smart Grid T&D Equipment status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Smart Grid T&D Equipment manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Smart Grid T&D Equipment :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025

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This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Smart Grid T&D Equipment market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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