Smart Grid Market Trends, Size, Competitive Analysis and Forecast 2019-2025

1. Orion Market Research Smart Grid Market, Size, Share, Analysis Report & Forecast to 2025 To Request a Sample of our Report on Smart Grid Market: https://www.omrglobal.com/request- sample/smart-grid-market-size Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

2. Smart grid market is increasing rapidly in the market, due to the uses of power-hungry devices which is boosting electricity consumption tremendously. A smart grid uses analog and digital information technology. Smart grids are useful for electricity transmission and can be used for electricity restoration at the time of power disturbance. The smart grid works on the principle of two-way digital communication based on electricity network on digital technology, it connects utility to the customer. This system is primarily used for controlling, analyzing and monitoring communications. Smart grid market includes a variety of connected devices which includes smart meters, energy-efficient resources, smart load controls, and renewable energy sources. For a successful smart grid, the critical aspects are the distribution and production of electricity. The grid consists of automation, computers, controls, new equipment and technologies working together, these respond digitally depending on our changing electricity demand. (Get 15% Discount on Buying this Report) A full Report of Smart Grid Market is Available at: https://www.omrglobal.com/industry- reports/smart-grid-market-size In today’s digital world, where most of the existing things are somehow depending upon electricity, electricity demand has increased immensely. Additionally, renewable energy can be fused with the smart grid to provide better energy transmission and efficiencies, which is not possible with existing grids. Renewable energy itself is in huge demand right now and heavy researches are being done on it due to its availability, applicability, environmentally friendly nature depleting sources of coals and other fuels. IoT has emerged as a driving factor for the smart grid market which has contributed to the prominent need for modernization of traditional grids. Traditional Grids are not capable of withstanding humongous data and immense power requirement across the globe. IoT management solutions are absent in current grids which can be easily overcome by using smart grids. IoT smart grids have better two-way communication which can respond to users demand and can sense it too. Benefits of adoption of IoT smart grid technology: Smart energy use • Low cost • Better transportation and parking • Help in waste and water management • Cleaner energy use As more and more people are moving into the cities, the demand for energy is increasing rapidly. This will place immense pressure on grids and will impact citizens. Smart grids are needed here due to its better infrastructure of transmission and distribution which is capable of handling bidirectional energy flows, this allows energy generation from multiple sources such as photovoltaic cells on the roof, using fuel cells, wind turbines, hydroelectric power and so on. Additionally, smart grid technology is required for a huge amount of renewable energy on the grid due to its ability to sustain a large number of fluctuations caused by weather conditions.

3. To Request a Sample of our Report on Smart Grid Market: https://www.omrglobal.com/request- sample/smart-grid-market-size Current market trends in the smart grid • Smart meters have been deployed significantly in most of the regions. China is in the lead followed by Japan, Spain, and France. In the US and European Union smart meters are placed in half of • Usage of Microgrid, which can be used as power backup or on-site power generation system in hospitals, military bases, universities, research facilities and so on. Some of the smartest microgrids are being used in few universities of the US. the market. Global Smart Grid Market-Segmentation By Software Advanced Metering Infrastructure • Smart Grid Distribution Management • Smart Grid Security • Grid Asset Management • Billing and Customer Information System By Hardware Smart Meters • Sensors • Programmable Logic Controllers (PLC) • Others By Service •Consulting • Support and Maintenance • Others Regional Analysis North America • • United States Canada Europe • • UK Germany

4. • • • • Spain France Italy Rest of Europe Asia-Pacific • • • • India China Japan Rest oF APAC Rest of The World • • Middle East & Africa Latin America Company Profiles • • • • • • • • • • • • • • • • • • • • • • • • • ABB, Ltd. Aclara Technologies, LLC Adesto Technologies Corp. Alstom SA BPL Global, Ltd. Cisco Systems, Inc. Eaton Corp. Enphase Energy, Inc. General Electric Co. GIPRO GmbH Honeywell International, Inc. IBM Corp. Itron, Inc. Landis+Gyr AG Nexgrid LLC Open System International, Inc. Oracle Corp. S&C Electric Co. Schneider Electric SE Sensus, a company of Xylem, Inc. Siemens AG Stem, Inc. Sunverge Energy, Inc. Tendril Networks, Inc. Toshiba Corp. Reasons to Buying From us –

5. 1.We cover more than 15 major industries, further segmented into more than 90 sectors. 2.More than 120 countries are for analysis. 3.Over 100+ paid data sources mined for investigation. 4.Our expert research analysts answer all your questions before and after purchasing your report. For https://www.omrglobal.com/report-customization/smart-grid-market-size More Customized Data, Request for Report Customization @ About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404