Smart Grid Sensors Market Analysis, Share by 2031

1. ICT Smart Grid Sensor Market is mainly driven by advancements in measurement science and standards July 07, 2021   A smart grid is an electric power system that consists of automated control technology, sophisticated software solutions, and sensors for data control and data acquisition.  Smart grids have signi?cantly attracted the attention of industries and governments. Currently, smart grid sensors are a highly progressive technology in the ?eld of power generation, transmission, and distribution.  Smart grid sensors are exceedingly effective in sensing real-time data of climatic conditions and temperature of power lines while transmitting the energy.  The data sensed is then used to enhance the reliability of power transmission and lower the power dissipation, which eventually minimizes the cost. Thus, smart grid sensors are very useful in commercial and residential buildings to increase energy e?ciency.  Rise in Demand for Smart Grid Sensors in Electrical Industry A smart grid sensor has become an innovative technique that uses information & communication technology in the ?eld of electricity generation, transmission, and distribution. The smart grid distribution management and software such as SCADA (Supervisory Control and Data Acquisition) have together improved the existing power grid system in terms of adaptability, reliability, and e?ciency. These factors are expected to promote growth of the smart grid sensor market during the forecast period. Moreover, the latest smart grid sensors do not need batteries to function. In other words, they are inductively powered.  Furthermore, advancements in measurement science and standards for smart grid technologies have resulted in increased spending on research and development. This is anticipated to drive the smart grid sensor market in the near future. Request for a sample: https://www.transparencymarketresearch.com/sample/sample.php??ag=S&rep_id=56664 Asia Paci?c to Lead the Global Smart Grid Sensor Market In terms of region, the global smart grid sensor market can be divided into Asia Paci?c, Europe, North America, Middle East & Africa, and South America. Asia Paci?c is anticipated to constitute a signi?cant share in the global smart grid sensor market during the forecast period, owing to presence of a large number of power-generating companies in the region.  The smart grid sensor market is highly fragmented with various start-ups proliferating in the market, especially in developing economies in Europe. Manufacturers are increasing investments in research and development to offer innovative techniques for dissipation loss optimization while transmitting power to the general public in this region. Furthermore, North America is expected to show signi?cant growth in the global smart grid sensor market with increase in use of power equipment due to rising power consumption. PreBook Now: https://www.transparencymarketresearch.com/checkout.php?rep_id=56664&ltype=S Key Players in the Global Smart Grid Sensor Market General Electric Company ABB Ltd. Oracle Corporation Cisco Systems, Inc. Siemens AG, Schneider Electric SA Itron Inc. Landis+Gyr AG Tech Mahindra Limited Aclara Technologies LLC S&C Electric Company EsyaSoft Technologies Pvt. Ltd. Open Systems International, Inc. Wipro Limited Kamstrup A/S Trilliant Holdings Inc. NexGrid, LLC. Globema, Enel X North America, Inc. e-Smart Systems Ltd. Ask for brochure: https://www.transparencymarketresearch.com/sample/sample.php??ag=B&rep_id=56664 Global Smart Grid Sensor Market, Research Scope Global Smart Grid Sensor Market, by Functionality Domain Generation Transmission Distribution Global Smart Grid Sensor Market, by Sensing Parameter Voltage Current Temperature Continuity Phase Measurement Others Global Smart Grid Sensor Market, by Application Smart Energy Meter Advanced Metering Infrastructure Smart Grid Distribution Network Data Collection and Control Global Smart Grid Sensor Market, by End-user Consulting Deployment and Integration Support and Maintenance Dynamic Line Rating TMR's Latest Press Release: https://www.prnewswire.com/news-releases/global-labels-market-to-ride-on-the-back-of-growing-popularity-of-linerless- labels-emergence-of-r?d-technology-to-emerge-as-a-game-changer-in-the-market---tmr-301325484.html Enter your comment... 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