NEW YORK, Aug. 6, 2021 /PRNewswire/ -- Technavio forecasts the smart grid sensors market to grow by USD 122.47 million at almost 10% during 2020-2024. The report offers a detailed analysis of the competitive scenario and information on various vendors including ABB Ltd. (Switzerland), Arteche Group (Spain), Eaton Corporation Plc (US), General Electric Co. (US), Honeywell International Inc. (US), Hubbell Inc. (US), International Business Machines Corp. (US), Itron Inc. (US), Mitsubishi Electric Corp. (Japan), and Xylem Inc. (US).
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The report on the smart grid sensors market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by the transition toward smart grids.
The Smart Grid Sensors Market is segmented by technology (hardware components and software systems) and geography (North America, Europe, APAC, MEA, and South America). The increasing need for asset optimization will be crucial in fueling the growth of the market over the forecast period.
This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The smart grid sensors market covers the following areas:
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Key Topics Covered:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Technology
Comparison by Technology
Hardware components - Market size and forecast 2019-2024
Software systems - Market size and forecast 2019-2024
Market opportunity by Technology
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market positioning of vendors
Eaton Corporation Plc
General Electric Co.
Honeywell International Inc.
International Business Machines Corp.
Mitsubishi Electric Corp.
Scope of the report
Currency conversion rates for US$
List of abbreviations
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