Global Smart Grids Infrastructure Market 2018-2030 - Transmission and Distribution Equipment, Substation Automation Modules / Components and Supported Communication Channels

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Aug 16, 2018, 09:15 ET

DUBLIN, Aug 16, 2018 /PRNewswire/ --

The "Smart Grids Infrastructure Market, 2018-2030" report has been added to ResearchAndMarkets.com's offering.

The Smart Grids Infrastructure Market, 2018 - 2030' report features an extensive study of the current landscape and future outlook of the growing market for smart grids. The focus of this study is on the smart grids infrastructure, equipment, modules / components / systems offered by different players. The field is backed by grants / investments from various government agencies and is characterized by the presence of several well-established companies.

One of the key objectives of the study was to understand the primary growth drivers and estimate the future size of the market. We looked at the likely future investments to be made in the key geographies (the US, the EU, China, Japan, South Korea, Australia, Canada, Russia, Singapore, India and UAE). Based on this, we have provided an informed estimate on the likely evolution of the market in the long term, for the period of 2018 - 2030. Considering the uncertainties related to the investments and political influence across the geographies, and to add robustness to our model, we have provided three forecast scenarios, representing the conservative, base and optimistic tracks of the market's evolution.

With growing electricity consumption, the peak electricity demand is expected to increase manifold by 2050. It is believed that, owing to their intelligence features, smart grids have the potential to reduce the projected peak demand increases by up to 24% across some of the major regions of the world. This is because sensors in smart grids can detect peak load in advance and divert surplus supply from low demand areas to meet the peak requirements in a particular region. Moreover, with countries having ambitious renewable energy targets, it is important to ensure that a compatible infrastructure is put in place in parallel.

Several geographies across the world have already recognized the need of upgrading to smart grids and have taken initiatives to encourage this transition. The US, for instance, allocated USD 4.5 billion initially towards grid modernization; the investment increased over the years under the American Recovery Reinvestment Act of 2009. In Europe, the European Technology Platform (ETP) SmartGrids was formalized in 2005 to create a vision for the European networks till 2020 and beyond. A recent 2017 report by Joint Research Centre (JRC) included 950 smart grid projects (R&D and demonstration) across Europe; across these, a total of EUR 5 billion has been invested.

Emerging economies are also planning to upgrade existing systems to smart grids. The ambitious renewable energy targets of countries such as China and India are expected to drive the smart grids market in the future. In China, the government announced an investment of USD 96 billion between 2010 and 2020 to accelerate smart grids deployment. Similarly, in India, several pilot stage smart grid projects are underway.

Smart Grids are expected to play a pivotal role in clean energy initiatives. Specifically, smart meters are amongst the most focused infrastructures across several countries. In the US, more than 75 million smart meters had been installed by 2017. In addition, the EU has set a target of replacing at least 80% (~ 245 million) of the conventional electricity meters with smart meters by 2020. In fact, it is reported that Sweden, Finland, Italy and Luxembourg have already reached full deployment. The EU Smart Grids Task Force believes that the planned rollout of smart meters and smart grids has the potential to reduce carbon emissions in the EU by 9%.

Amongst other elements, the report features:

A detailed assessment of the current market landscape, providing information on various infrastructure components offered by companies for deploying smart grids in an existing network; these include transmission and distribution equipment, substation automation modules / components and supported communication channels.
Detailed profiles of some of the leading players in the industry, highlighting the current focus of the companies with details on their specific smart grid infrastructure equipment / module / component / systems and services. The profiles also include a section on recent developments, highlighting the achievements, partnerships / collaborations and the likely strategies that may be adopted by these players to fuel growth in the foreseen future.
A comprehensive benchmark analysis, highlighting key focus areas of small, mid-sized and large sized companies; the benchmark analysis provides a means to compare the existing capabilities within respective peer groups and help industry stakeholders identify ways to achieve a competitive edge over contemporary players.
A detailed market attractiveness analysis elucidating the attractiveness of major markets across the globe based on parameters that are likely to determine the future growth opportunities in specific regions.
A case study highlighting the regulatory initiatives across various geographies and the regulatory standards / norms designed for a uniform and standardized smart grid deployments.
An overview of some of the recent smart grid deployment projects across the EU, North America and rest of the world (Australia, China, India, Japan and South Korea). Specifically, we have highlighted the current focus area across the regions defined by the type of projects that have been undertaken (AMI, distribution network or transmission network).

The opinions and insights highlighted in this report were influenced by discussions held with senior stakeholders in the industry. These include Emmanuel Albert (CEO, Trispectra Innovation), Fulvio Ferrari (Founding Partner, Wemworld) and Jenny Erwin (Business Development Manager, Smart Wires). All the actual figures have been sourced and analyzed from publicly available information forums and primary research discussions. Financial figures mentioned in this report are in USD, unless specified otherwise.

Key Topics Covered:

1. PREFACE
1.1. Scope of the Report
1.2. Research Methodology
1.3. Chapter Outlines

2. EXECUTIVE SUMMARY

3. INTRODUCTION
3.1. Discovery of Electricity: A Historical Timeline
3.2. Modern Day Electricity Grids
3.3. Smart Grids: A Giant Leap in Infrastructure
3.4. Pre-requisites for a Smart Grid

4. SMART GRIDS: REGULATORY STANDARDS AND COMPLIANCE
4.1. Chapter Overview
4.2. The International Electrotechnical Commission (IEC)
4.3. Regulatory Standards in the US
4.4. Regulatory Standards in Europe
4.5. Regulatory Standards in China
4.6. Regulatory Standards in Japan
4.7. Regulatory Standards in India
4.8. Regulatory Standards in Australia

5. CURRENT MARKET LANDSCAPE
5.1. Chapter Overview
5.2. Smart Grids: Market Landscape

6. COMPANY PROFILES
6.1. Chapter Overview
6.2. ABB
6.3. Aclara Technologies
6.4. CG Power and Industrial Solutions
6.5. Circutor
6.6. Eaton
6.7. Energy Care
6.8. General Electric
6.9. Honeywell
6.10. Itron
6.11. Landis+Gyr
6.12. L&T Power
6.13. PowerCom
6.14. S&C Electric Company
6.15. Schneider Electric
6.16. Schweitzer Engineering Labs (SEL)
6.17. Siemens
6.18. Smart Wires
6.19. Trilliant Networks
6.20. Trispectra Innovation
6.21. Wemworld
6.22.2 Products/Services Offered
6.22.3 Recent Developments

7. BENCHMARK ANALYSIS
7.1. Chapter Overview
7.2. Benchmark Analysis: Methodology
7.3. Benchmark Analysis: Peer Groups

8. MARKET ATTRACTIVENESS ANALYSIS
8.1. Chapter Overview
8.2. Market Attractiveness Analysis: Methodology
8.3. Market Attractiveness Analysis: Summary
8.4. Key Takeaways

9. MARKET FORECAST
9.1. Chapter Overview
9.2. Forecast Methodology and Key Assumptions
9.3. Overall Smart Grid Infrastructure Market, 2018-2030
9.4. Smart Grid Infrastructure Market: Distribution by Type of Equipment
9.5. Smart Grid Infrastructure Market: Distribution by Regions

10. GLOBAL SMART GRID INITIATIVES: AN OVERVIEW
10.1. Chapter Overview
10.2. Smart Grid Projects in North America
10.3. Smart Grids Projects in the EU
10.4. Smart Grids Projects in Rest of the World
10.5. Key Takeaways

11. CONCLUSION
11.1 Evolution of Automation Technologies Have Impacted Several Industries; Electric Utilities are not an Exception
11.2 With Growing Focus on Making the Electric Grid Smart, Several Companies, Ranging from Small/Mid-Sized to Large Enterprises, are Providing Innovative Smart Grid Technologies
11.3 Several Large Enterprises are Acting as One-Stop Shops for Deployment of Smart Grids
11.4 At Present, the US and Europe are Leading the Efforts, Offering a Plethora of Opportunities for Stakeholders
11.5 Driven by Investments from Governments Across Many Countries, the Market is Expected to Grow Significantly in the Coming Years
11.6 With the Steadily Increasing Load on the Electricity Grids, Smart Grids Will Remain the Go-To Option for Long Term

12. INTERVIEW TRANSCRIPTS
12.1. Chapter Overview
12.2. Emmanuel Albert, CEO, Trispectra Innovation
12.3. Fulvio Ferrari, Founding Partner, Wemworld
12.4. Jenny Erwin, Business Development Manager, Smart Wires

13. APPENDIX 1: TABULATED DATA

14. APPENDIX 2: LIST OF COMPANIES AND ORGANIZATIONS

Companies Mentioned

50Hertz Transmission
ABB
Aclara Technologies
ADD Grup
Administracin Nacional de Electricidad
alfanar
Alfen
Amantys
Amphenol AUXEL
Apex CoVantage
Applied Systems Engineering
Applied Technical Systems Company (ATS)
Aqua Metric
Arcadia Power
ARELIS
Arteche
aSAY Energy
ASCO Power Technologies
Atmel
Ayecka
Azienda Elettrica di Massagno (AEM)
B&R
Belden
Bentley Systems
Bitlismen
Bivocom
BPL Global
Caruna
Celestica
CenterPoint Energy
Centrais Eltricas de Sergipe (CELSE)
CG Power and Industrial Solutions
China Electric Power Research Institute (CEPRI)
Chroma ATE
Chromalloy Gas Turbine Corporation
CIMCON Lighting
CIRCUTOR
Cisco
Clare Controls
Claroty
Clean Line Energy
Clem
ComSite Construction
Comverge
Con Edison
COPA-DATA
Counties Power
Cyber Sciences
DAIHEN
Data Communications Company (DCC)
Delta Electronics
Department of Resources, Energy and Tourism, Australia
DEPsys
Device Gateway
DG Capitel
Diehl Metering
Dominican Republic Transmission Utility (ETED)
DONG Energy
Dresser-Rand
dVentus Technologies
Dynamic Energy Networks (DEN)
Dynex Semiconductor
EA Technology
Eaton
EC Continuum
ECI
EDF Energy
Edison Power Group
EDMI
EDP
Efacec Power Solutions
Egyptian Electricity Transmission Company (EETC)
Electrical Training ALLIANCE
lectricit Rseau Distribution France (ERDF)
Electricity Generating Authority of Thailand (EGAT)
Electropar
Elgama Elektronika
Eltel Networks
EMH Metering
Enbala Power Networks
Encore Networks
Energias de Portugal (EDP)
Energinet
Energomera
Energy Care
ENGIE Services
En-Technologies
Entergy
EQOS Energie sterreich
European Committee for Electrotechnical Standardization
European Committee for Standardization
European Southern Observatory (ESO)
European Telecommunications Standards Institute (ETSI)
Evolution Energie
Faith Technologies
Firecomms
Fluor
Fuji Electric
Fujitsu
Fundamentals
G&W Electric
GDE Electric
General Electric (GE)
General Electricity Company of Libya (GECOL)
Genus Power Infrastructures
GlaxoSmithKline (GSK)
GLOBAL-365 PLC
Great River Energy
GRID20/20
GridSense
Guam Power Authority
Heartland Solutions
Helberg Electrical Supply
Hewlett Packard Enterprise
Hexing Electrical
HEYI Electrical
Hirose Electric
Hirschmann
Hitachi
Honeywell
HPL Electric and Power
Huawei
Hughes Power System
Iberdrola
iGrid T&D
India Smart Grid Forum
Infrax Systems
Intelligent Power and Energy Research Corporation (IPERC)
IntelliSAW
Iskraemeco
Itron
Janz
Japan Smart Community Alliance (JSCA)
Japanese Industrial Standards Committee (JISC)
Jiangsu Linyang Energy
Kahramaa
Kalkitech
Kamstrup
KEYMILE
Korea Electric Power Corporation
L&L Holding
L&T Power
Lafarge
Landis+Gyr
lemants
LightRiver Technologies
Lindsey Manufacturing Company
LS Industrial Systems
Lucy Group
MAGUS ENERGO
Marvell
Maschinenfabrik Reinhausen
Mass Group Holding
MasTec
Matrix AMM - Smart Energy Metering System
Metrycom
MHPS Boilers
Micatu
Microsoft
Ministry of Electricity, Iraq
MIRAIT Technologies
Mitsubishi Electric
Mitsubishi Hitachi Power Systems
MNC Automation
MNPP ANTRAKS
Mobix
Moxa
MTR Wireless Communications
Murata Manufacturing
National Instruments
Netcontrol
Networked Energy Services
Nexans
Nexgrid
Nighthawk
Nissin Electric
NKT
NOJA Power
Nokia
North Bay Hydro
NR Electric
NuLEDs
NV Energy
NXP Semiconductors
Omniwatt
Open Systems International
Orange and Rockland Utilities
Origin Electric
OSAKI Group
OTN Systems
Pacific Gas and Electric Company
PAS Global
Pearlstone Energy
Perusahaan Listrik Negara (PLN)
Phoenix Contact
Polskie Sieci Elektroenergetyczne
Power Grid Corporation of India
PowerCom
Powerex
Powerhive
Powerline Technologies
Powin Energy
PRECISE
PRIME Alliance
Prospective Line Technologies
Protrol
Prysmian Group
PTI Holdings
Qatar Rail
Renewable Choice Energy
RF Arrays
S&C Electric
Saudi Electricity Company (SEC)
Schneider Electric
Schweitzer Engineering Laboratories
Seattle City Light
SEC Grid Automation Technologies
Secure Meters
Sensus
Sentient Energy
SEWW Energy
Shenzhen ZXTX Technology
Shijiazhuang Kelin Electric
Siemens
Sienco Energy Partners
SIETEC Solutionz
SIG Inside
Silver Spring Networks
Sinewatts
Singapore Power
Smart Energy Instruments
Smart Grid Networks
Smart Wires
SMRTGrid
SNC-Lavalin
Socit Dauphinoise de Construction Electro-Mcanique (SDCEM)
SoftWatts
SOGO
SouthernLINC Wireless
SP PowerGrid
Stark
State Grid Corporation of China
Statnett
SUBNET Solutions
Sumeru Verde Technologies
Sumitomo Electric Industries
SystemCORP Embedded Technology
TAKAOKA TOKO
Tantalus Systems
Tenable
Tenaga Nasional Berhad
TenneT
Texas Instruments
The Barbados Light & Power
The Holley Group
Tokyo Electric Power Company
Tollgrade Communications
Torino Power Solutions
Toshiba
Trakya Elektrik Dagitim
TransnetBW
Trilliant Networks
Trispectra Innovation
Trustpower
UK Power Networks
Unipower
US Department of Energy
Valsena
Vertiv
VitzroSys
Vizimax
Wasion Group
WEL Networks
Wemworld
Xiamen Four-Faith Communication Technology
Yantai Dongfang Wisdom Electric
ZIV
ZTE

For more information about this report visit https://www.researchandmarkets.com/research/q9s9ng/global_smart?w=5

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