Smart grid intends to modernize the power grid by using the latest technology
that supports the utility to reduce the transmission and distribution loss.
This can be achieved with the help of advanced metering infrastructure,
software's such as SCADA, DRM, DMS, MDMS, etc., and communication networks
such as Wi-Fi, ZigBee, Z-Wave, etc.
Smart grid will balance the electricity supply and demand. It will improve the
grid reliability by monitoring the frequency and duration of power outages and
the number of disturbances, including reduction of the possibility of regional
blackouts. Smart grid will improve the efficiency and dependability in energy
distribution and assist in optimizing utilization of resources.
Reduction in transmission and distribution loss, coupled with an increase in
energy efficiency, is one of the major drivers of the smart grid market. The
governments of various countries are playing important roles in the
commercialization of the smart grid market and passing on mandates and
regulations for the same. The high cost of installation of the entire smart
grid network is one of the restraints of the smart grid market. Another major
restraint is the lack of interoperability of standards. There are huge amounts
of investments happening in the smart grid market, which are an opportunity
for the growth of the market. Prepaid electricity is also en-route, wherein
the users will prepay for the electricity that will be consumed by them.
Lack of interoperability standards exists at all the levels in a system. There
are numerous service providers across the globe with different standards of
operating and meeting a common consensus is very important for the growth of
any industry. This is lacking in the smart grid market as every country has
its own rules and mandates. This leads to a slower adoption of technology and
increases risks for the industry as a whole.
The current trend prevailing in the smart grid technology market is the
upgradation of old technology as well as adopting a new technology, which will
lead to a more efficient usage of electricity. The increase in investment from
the governments as well as the utilities' point of view is expected to reach a
billion mark in the next five years.
The global smart grid market is expected to reach $80.6 billion in 2016 from
$22.8 billion in 2011 at a CAGR of 28.7% from 2011 to 2016. Some of the
players in the smart grid market include Landys+Gyr (U.S.), Itron (U.S.),
Cisco (U.S.), eMeter (U.S.), and Telvent (U.S.).
Scope of the report
This research report categorizes the global smart grid technology market and
its related applications market on the basis of different kinds of software's
that are being used for the smart grid network, smart meter, various smart
sensor, communication network and geographical analysis; forecasting revenue,
and analyzing trends in the market.
On the basis of software and hardware
The software and the hardware market are broadly segmented into Distribution
Management Systems (DMS), Demand Response Management Systems (DRM), Meter Data
Management Systems (MDMS), Supervisory Control and Data Acquisition (SCADA),
Outage Management Systems (OMS) and Smart Meters.
On the basis of smart sensors
The Smart sensors segment consists of voltage sensors, transformer monitoring
sensors, dynamic line rating sensors and HAN sensors
On the basis of communication network
The communication Network is segmented on the basis of Wide Area Network (WAN)
and Home Area Network (HAN). The different networks in the WAN and the HAN
network are analysed.
On the basis of geography
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Others
Asia-Pacific
Australia
China
Japan
Korea
India
Others
ROW
Middle East
Africa
Others
Each section will provide market data, market drivers, trends and
opportunities, key players, and competitive outlook. It will also provide
market tables for covering the sub-segments and micro-markets. In addition,
the report provides more than 20 company profiles covering all the
sub-segments .
Summary
One of the most fundamental concepts of a smart grid is to monitor, analyze,
control, and communicate the capabilities of a national electrical system in a
digitized form, which helps in maximizing the throughput time of the system as
well as reducing the consumption of energy. The installation of the smart grid
network will enable reduction in the T&D losses, which is driving the smart
grid market.
A smart grid is also known as "Energy Internet". The basic components of a
smart grid network are: intelligent networking, sensing and monitoring
devices, and in home devices. Intelligent networking refers to the
communication networks, through which the grid will be able to communicate
from the generation to the end-user. Sensing and measurement deal with
informing the utility end about the potential outages that may take place as
well as inform the utility about any kind of fluctuation in the grid network.
The major objective of traditional grid was to provide electricity; there is
only one way communication in traditional grid, whereas smart grid technology
is an advanced technology based on two way communication that allows
interactivity between utility and end-users.
It is estimated that with the use of a traditional electric grid, the
transmission and distribution losses amount to 25 - 30% annually, wherein the
use of smart sensors such as voltage monitoring sensors, transformer
monitoring sensors, dynamic line rating sensors which help in tracking the
voltage of power supplied from transmission to distribution, temperature of
the transformer, the transmission and distribution losses are reduced to up to
8 - 10% annually.
Cyber security is the major issue related to smart grid. There can be a cyber
attack through the public network; which has been identified by the cyber
security assessment of SCADA.
A major obstacle in protecting these networks is that these systems were not
essentially designed considering the cyber security issue, due to which there
have been ample opportunities for attackers to hack the smart grid security.
The players in the smart grid market include Landys+Gyr (U.S.), Itron (U.S.),
Cisco (U.S.), eMeter (U.S.), and Telvent (U.S.).
Table of Contents
Table of Contents
1 INTRODUCTION
1.1 KEY TAKE-AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.4 STAKEHOLDERS
1.5 RESEARCH METHODOLOGY
1.5.1 MARKET SIZE
1.5.2 KEY DATA POINTS FROM SECONDARY SOURCES
1.5.3 KEY DATA POINTS TAKEN FROM PRIMARY SOURCES
1.5.4 ASSUMPTIONS MADE
1.5.5 LIST OF COMPANIES COVERED DURING THIS REPORT
2 EXECUTIVE SUMMARY
3 MARKET OVERVIEW
3.1 INTRODUCTION
3.2 WHAT IS A SMART GRID?
3.3 TRADITIONAL GRID VERSUS SMART GRID
3.4 MARKET DYNAMICS
3.4.1 DRIVERS
3.4.1.1 Increased government support
3.4.1.2 Reduction in transmission and distribution losses
3.4.1.3 Aging infrastructure
3.4.1.4 Improved communication network
3.4.1.5 Need for energy efficiency
3.4.2 RESTRAINTS
3.4.2.1 High cost of installation
3.4.2.2 Privacy issues
3.4.2.3 Lack of interoperability and common standards
3.4.3 OPPORTUNITIES
3.4.3.1 Increased investments
3.4.3.2 Prepayment of electricity
3.5 WINNING IMPERATIVES
3.5.1 PARTNERSHIPS WITH MAJOR PLAYERS
3.6 BURNING ISSUES
3.6.1 CYBER SECURITY ISSUES
3.7 MARKET SHARE ANALYSIS
3.8 PORTER'S FIVE FORCES MODEL
3.8.1 THREAT OF SUBSTITUTES
3.8.2 THREAT OF NEW ENTRANTS
3.8.3 BARGAINING POWER OF CUSTOMERS
3.8.4 BARGAINING POWER OF SUPPLIERS
3.8.5 INTENSITY OF RIVALRY
3.9 SMART GRID TECHNOLOGY ANALYSIS - BY APPLICATIONS
3.10 SMART GRID TECHNOLOGY ANALYSIS - BY COUNTRY
4 SOFTWARE AND HARDWARE MARKET
4.1 OVERVIEW OF THE SOFTWARE AND THE HARDWARE MARKET
4.1.1 DISTRIBUTION MANAGEMENT SYSTEM (DMS)
4.1.2 DEMAND RESPONSE MANAGEMENT (DRM)
4.1.3 METER DATA MANAGEMENT SYSTEM (MDMS)
4.1.4 SUPERVISORY CONTROL AND DATA ACQUISITION (SCADA)
4.1.5 SMART METER
4.1.5.1 Cost analysis of smart electric meter installation
4.1.6 OUTAGE MANAGEMENT SYSTEM (OMS)
5 SMART GRID SENSORS MARKET
5.1 OVERVIEW OF SMART SENSORS
5.1.1 VOLTAGE SENSORS
5.1.2 TRANSFORMER MONITORING SENSORS
5.1.3 DYNAMIC LINE RATING SENSORS
5.1.4 HOME AREA NETWORK SENSORS
6 COMMUNICATIONS NETWORK
6.1 OVERVIEW OF COMMUNICATIONS NETWORK
6.1.1 WIDE AREA NETWORK
6.1.2 HOME AREA NETWORK (HAN)
7 GEOGRAPHIC ANALYSIS
7.1 OVERVIEW
7.1.1 NORTH AMERICA
7.1.1.1 U.S.
7.1.1.2 Canada
7.1.1.3 Mexico
7.1.2 EUROPE
7.1.2.1 Germany
7.1.2.2 U.K.
7.1.2.3 France
7.1.2.4 Italy
7.1.2.5 Others
7.1.3 APAC
7.1.3.1 Australia
7.1.3.2 China
7.1.3.3 Japan
7.1.3.4 South Korea
7.1.3.5 India
7.1.3.6 Others
7.1.4 ROW
7.1.4.1 Middle East
7.1.4.2 Africa
7.1.4.3 Others
8 COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 KEY GROWTH STRATEGIES
8.3 NEW PRODUCT DEVELOPMENT
8.4 MERGERS & ACQUISITIONS
8.5 PARTNERSHIPS, AGREEMENTS, COLLABORATIONS AND JOINT VENTURES
8.6 OTHERS (SUPPLY CONTRACTS/CERTIFICATIONS ETC)
9 COMPANY PROFILES
9.1 CISCO SYSTEMS, INC.
9.1.1 OVERVIEW
9.1.2 PRODUCTS & SERVICES
9.1.3 FINANCIALS
9.1.4 STRATEGY
9.1.5 DEVELOPMENTS
9.2 COMVERGE
9.2.1 OVERVIEW
9.2.2 PRODUCTS & SERVICES
9.2.3 FINANCIALS
9.2.4 STRATEGY
9.2.5 DEVELOPMENTS
9.3 COOPER POWER SYSTEMS, LLC
9.3.1 OVERVIEW
9.3.2 PRODUCTS & SERVICES
9.3.3 FINANCIALS
9.3.4 STRATEGY
9.3.5 DEVELOPMENTS
9.4 ECHELON CORP
9.4.1 OVERVIEW
9.4.2 PRODUCTS & SERVICES
9.4.3 FINANCIALS
9.4.4 STRATEGY
9.4.5 DEVELOPMENTS
9.5 ELSTER GROUP SE
9.5.1 OVERVIEW
9.5.2 PRODUCTS & SERVICES
9.5.3 FINANCIALS
9.5.4 STRATEGY
9.5.5 DEVELOPMENTS
9.6 EMETER CORPORATION
9.6.1 OVERVIEW
9.6.2 PRODUCTS & SERVICES
9.6.3 FINANCIALS
9.6.4 STRATEGY
9.6.5 DEVELOPMENTS
9.7 GE ENERGY
9.7.1 OVERVIEW
9.7.2 PRODUCTS & SERVICES
9.7.3 FINANCIALS
9.7.4 STRATEGY
9.7.5 DEVELOPMENTS
9.8 GRID NET, INC.
9.8.1 OVERVIEW
9.8.2 PRODUCTS & SERVICES
9.8.3 FINANCIALS
9.8.4 STRATEGY
9.8.5 DEVELOPMENTS
9.9 INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM CORP)
9.9.1 OVERVIEW
9.9.2 PRODUCTS & SERVICES
9.9.3 FINANCIALS
9.9.4 STRATEGY
9.9.5 DEVELOPMENTS
9.10 INFRAX SYSTEMS, INC.
9.10.1 OVERVIEW
9.10.2 PRODUCTS & SERVICES
9.10.3 FINANCIALS
9.10.4 STRATEGY
9.10.5 DEVELOPMENTS
9.11 ISKRAEMECO
9.11.1 OVERVIEW
9.11.2 PRODUCTS & SERVICES
9.11.3 FINANCIALS
9.11.4 STRATEGY
9.11.5 DEVELOPMENTS
9.12 ITRON INC
9.12.1 OVERVIEW
9.12.2 PRODUCTS & SERVICES
9.12.3 FINANCIALS
9.12.4 STRATEGY
9.12.5 DEVELOPMENTS
9.13 LANDIS+GYR LTD
9.13.1 OVERVIEW
9.13.2 PRODUCTS & SERVICES
9.13.3 FINANCIALS
9.13.4 STRATEGY
9.13.5 DEVELOPMENTS
9.14 OSISOFT, LLC
9.14.1 OVERVIEW
9.14.2 PRODUCTS & SERVICES
9.14.3 FINANCIALS
9.14.4 STRATEGY
9.14.5 DEVELOPMENTS
9.15 POWER PLUS COMMUNICATIONS AG
9.15.1 OVERVIEW
9.15.2 PRODUCTS & SERVICES
9.15.3 FINANCIALS
9.15.4 STRATEGY
9.16 S&C ELECTRIC COMPANY
9.16.1 OVERVIEW
9.16.2 PRODUCTS & SERVICES
9.16.3 FINANCIALS
9.16.4 STRATEGY
9.16.5 DEVELOPMENTS
9.17 SENSUS USA INC
9.17.1 OVERVIEW
9.17.2 PRODUCTS & SERVICES
9.17.3 FINANCIALS
9.17.4 STRATEGY
9.17.5 DEVELOPMENTS
9.18 SILVER SPRING NETWORKS INC.
9.18.1 OVERVIEW
9.18.2 PRODUCTS & SERVICES
9.18.3 FINANCIALS
9.18.4 STRATEGY
9.18.5 DEVELOPMENTS
9.19 SMARTSYNCH, INC.
9.19.1 OVERVIEW
9.19.2 PRODUCTS & SERVICES
9.19.3 FINANCIALS
9.19.4 STRATEGY
9.19.5 DEVELOPMENTS
9.20 STMICROELECTRONICS N.V.
9.20.1 OVERVIEW
9.20.2 PRODUCTS & SERVICES
9.20.3 FINANCIALS
9.20.4 STRATEGY
9.20.5 DEVELOPMENTS
9.21 TELVENT GIT, S.A.
9.21.1 OVERVIEW
9.21.2 PRODUCTS & SERVICES
9.21.3 FINANCIALS
9.21.4 STRATEGY
9.21.5 DEVELOPMENTS
9.22 TENDRIL NETWORKS, INC.
9.22.1 OVERVIEW
9.22.2 PRODUCTS & SERVICES
9.22.3 FINANCIALS
9.22.4 STRATEGY
9.22.5 DEVELOPMENTS
9.23 TRILLIANT INC
9.23.1 OVERVIEW
9.23.2 PRODUCTS & SERVICES
9.23.3 FINANCIALS
9.23.4 STRATEGY
9.23.5 DEVELOPMENTS
9.24 VENTYX, INC.
9.24.1 OVERVIEW
9.24.2 PRODUCTS & SERVICES
9.24.3 FINANCIALS
9.24.4 STRATEGY
9.24.5 DEVELOPMENTS
9.25 VERIZON COMMUNICATIONS INC.
9.25.1 OVERVIEW
9.25.2 PRODUCTS & SERVICES
9.25.3 FINANCIALS
9.25.4 STRATEGY
9.25.5 DEVELOPMENTS
LIST OF TABLES
TABLE 1 GLOBAL SMART GRID MARKET REVENUE, BY GEOGRAPHY, 2011 - 2016
($MILLION)
TABLE 2 GOVERNMENT SUPPORT
TABLE 3 GLOBAL SMART GRID SOFTWARE MARKET REVENUE, BY TYPES, 2011 - 2016
($MILLION)
Smart Grid Technology Market - Analysis & Global Forecast By Hardware, Software & Communication Network Technologies (2011 - 2016) published by Markets and Markets in February 1, 2012. This report consists of 304 Pages and the price starts from US $ 4650.
