Albany, NY -- (SBWire) -- 07/11/2019 --The Smart Grid T&D Equipment market report [6 Year Forecast 2019-2025] focuses on Major Leading Industry Players, providing info like Smart Grid T&D Equipment product scope, market overview, market opportunities, market driving force and market risks. Profile the top manufacturers of Smart Grid T&D Equipment, with sales, revenue and global market share of Smart Grid T&D Equipment are analyzed emphatically by landscape contrast and speak to info. Upstream raw materials and instrumentation and downstream demand analysis is additionally administrated. The Smart Grid T&D Equipment market business development trends and selling channels square measure analyzed. From a global perspective, It also represents overall Smart Grid T&D Equipment industry size by analyzing qualitative insights and historical data.
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The report sheds light on the Smart Grid T&D Equipment competitive situation. The Smart Grid T&D Equipment breakdown data are shown at the regional level, sales, revenue and growth by regions, Sales data at the country level, with sales, revenue, gross margin, production, capacity, and market share of Smart Grid T&D Equipment for key countries in the world. Smart Grid T&D Equipment Sales by type and application, with sales market share and growth rate by type, application. Smart Grid T&D Equipment market forecast, by regions, type and application, with sales and revenue. Smart Grid T&D Equipment sales channel, distributors, customers, research findings and conclusion, appendix and data source.
The study encompasses profiles of major companies operating in the global Smart Grid T&D Equipment market. Key players profiled in the report on the global Smart Grid T&D Equipment market include ABB, GE-Alstom Grid, Eaton, Schneider Electric, Siemens, Emerson, Omron, Prysmian, Aclara, NARI Group, Mitsubishi, S & C Electric, Chint Group. Market leaders engage in strategic pricing and product improvement to increase their profit margins.
Scope of Smart Grid T&D Equipment Market
Smart T&D equipment transfers electricity from the transmission system to the consumer delivery point. Such equipment improves the overall efficiency of the smart grid, minimizes technical losses, improves O&M, and improves the longevity of the T&D equipment, deferring the investment and allowing grid operators to monitor and control the functions of the grid from a remote location. Smart T&D equipment includes reclosers, fault current indicators, automated switches, Volt-VAR control equipment, synchrophasor, and HVDC, among others.
The global smart grid transmission and distribution (T&D) equipment market to grow at a CAGR of more than 13.5% over the forecast period. One of the primary factors driving the growth of this market is the rapid modernization of grid. An aging power infrastructure, need for mitigation of cybersecurity risk, and the addition of new resources to the grid have resulted in the electricity and power sector to find ways to make the grid more reliable and flexible to suit the rapid changes in the supply and demand. This has led to the modernizing of the grid by implementing smart grids that use digital and information technology to manage the power flow efficiently. Moreover, according to the International Energy Agency significant investments are made for the refurbishment and replacement of the T&D infrastructure, thereby propelling the growth prospects for this market in the coming years.
The Smart Grid T&D Equipment market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Smart Grid T&D Equipment.
The end users/applications and product categories analysis:
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of Smart Grid T&D Equipment for each type, primarily split into-
- Transmission Equipment
- Distribution Equipment
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On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Smart Grid T&D Equipment for each application, including-
- Power Station
- Transformer Substation
- Other
Key Takeaways and Reason To Buy
- Extensive analysis of market trends During 2019-2025 to identify growth opportunities and market developments
- Comparative analysis of various applications, wherein Smart Grid T&D Equipment are utilized
- Key factors that create opportunities in the Smart Grid T&D Equipment market at global, regional, and country levels
- Comprehensive analysis with respect to investments and regulatory scenario that are likely to impact the outlook and forecast of the global Smart Grid T&D Equipment market between 2019-2025
- Detailed competition landscape of key players operating in the market to help understand the competition level
- Demand-supply scenario of the Smart Grid T&D Equipment market
- Detailed pricing analysis based on regional and product segments
- Porter's Five Forces Analysis to highlight the power of buyers and suppliers
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Smart Grid T&D Equipment Market 2019, Analysis of Key Players : ABB, GE-Alstom Grid, Eaton, Schneider Electric, Siemens, Emerson
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