Global Smart Grid Sensors Market Size study & Forecast, by Sensor, by Application and Regional Analysis, 2022-2029

Description

List of Tables

Global Smart Grid Sensors Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. A smart grid sensor is a tool used to gather information about the electrical power infrastructure. These sensors are capable of measuring a wide variety of variables, including voltage, current, temperature, and power usage. The information gathered by these sensors can be utilized to increase the electric power grid's effectiveness, dependability, and security. Smart grid sensors have an Internet connection that enables the data they gather to be sent to a distant location for monitoring and analysis. In order to find patterns and anomalies in the data, some smart grid sensor systems use advanced analytics and machine learning algorithms. This can assist utilities in identifying and preventing problems like power outages and breakdowns of equipment. The market is driven by rising energy transmission efficiency for monitoring power line temperature over the anticipated time. Another element driving demand in the global market during the forecasted period is the rising use of smart sensing technology in various emerging nations like China and India. Information and communication technologies can benefit from this method, and the distribution industry generates market demand. Also, the growing developments in the energy sector across the globe and rising need for energy-efficient and sustainable solutions are anticipated to create a lucrative demand for the market during forecast period.

The rising government investment in the development of new smart girds and replacing old power infrastructure to decline the cost of distribution and reduce electricity loss is anticipated to support the market growth. For instance, in 2022, The US Department of Energy (DOE) announced a $13 billion funding plan to promote the modernization and growth of the country's electrical infrastructure. The US government intends to develop innovative projects using this financing to improve the dependability of the electricity systems. The action is a part of the government's plan to generate 100% clean electricity by 2035 and intends to give more communities and companies access to "cheap, reliable, clean" electricity. Additionally, rising smart city projects in developing countries are anticipated to create lucrative opportunities for the market during forecast period. However, security concerns and the lack of awareness regarding the availability of smart grid solutions stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Smart Grid Sensors Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the dominating region across the world in terms of market share, owing to the increasing sales of electric vehicles, rising environmental concerns regarding carbon emission, and growing crude oil & petroleum products prices. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period, owing to factors such as rising smart city projects and increasing demand for electricity and effective power transmission would create lucrative growth prospects for the Smart Grid Sensors market across Asia Pacific region.

Major market players included in this report are:

General Electric Company

Toshiba Corporation

ABB Ltd.

Honeywell International Inc.

Siemens AG

Aclara Technologies LLC

GIPRO GmbH

QinetiQ Group PLC

Sentient Energy, Inc.

GRID20/20 Inc.

Recent Developments in the Market:

In February 2021, Smart digital substations were introduced by Hitachi ABB Power Grids. The company's Lumada Asset Performance Management (APM) solution's innovative prescriptive, predictive, and prognostic capabilities are combined with the most advanced digital substation technology in this new offering.

Global Smart Grid Sensors Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Sensor, Application, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Sensor:

Voltage and Temperature Sensors
Outage Detection
Others

By Application:

Advanced Metering Infrastructure
Smart Grid Distribution Management
Supervisory Control and Data Acquisition
Smart Energy Meter
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Smart Grid Sensors Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Smart Grid Sensors Market, by Sensor, 2019-2029 (USD Billion)
- 1.2.3. Smart Grid Sensors Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Smart Grid Sensors Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Smart Grid Sensors Market Dynamics

3.1. Smart Grid Sensors Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising need for energy-efficient and sustainable solutions
  - 3.1.1.2. Supportive government's regulations to promote deployment of smart grids
- 3.1.2. Market Challenges
  - 3.1.2.1. Security concerns and the lack of awareness regarding the availability of smart grid solutions
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing smart city projects in developing countries

Chapter 4. Global Smart Grid Sensors Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Smart Grid Sensors Market, by Sensor

6.1. Market Snapshot
6.2. Global Smart Grid Sensors Market by Sensor, Performance - Potential Analysis
6.3. Global Smart Grid Sensors Market Estimates & Forecasts by Sensor 2019-2029 (USD Billion)
6.4. Smart Grid Sensors Market, Sub Segment Analysis
- 6.4.1. Voltage and Temperature Sensors
- 6.4.2. Outage Detection
- 6.4.3. Others

Chapter 7. Global Smart Grid Sensors Market, by Application

7.1. Market Snapshot
7.2. Global Smart Grid Sensors Market by Application, Performance - Potential Analysis
7.3. Global Smart Grid Sensors Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Smart Grid Sensors Market, Sub Segment Analysis
- 7.4.1. Advanced Metering Infrastructure
- 7.4.2. Smart Grid Distribution Management
- 7.4.3. Supervisory Control and Data Acquisition
- 7.4.4. Smart Energy Meter
- 7.4.5. Others

Chapter 8. Global Smart Grid Sensors Market, Regional Analysis

8.1. Smart Grid Sensors Market, Regional Market Snapshot
8.2. North America Smart Grid Sensors Market
- 8.2.1. U.S. Smart Grid Sensors Market
  - 8.2.1.1. Sensor breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Smart Grid Sensors Market
8.3. Europe Smart Grid Sensors Market Snapshot
- 8.3.1. U.K. Smart Grid Sensors Market
- 8.3.2. Germany Smart Grid Sensors Market
- 8.3.3. France Smart Grid Sensors Market
- 8.3.4. Spain Smart Grid Sensors Market
- 8.3.5. Italy Smart Grid Sensors Market
- 8.3.6. Rest of Europe Smart Grid Sensors Market
8.4. Asia-Pacific Smart Grid Sensors Market Snapshot
- 8.4.1. China Smart Grid Sensors Market
- 8.4.2. India Smart Grid Sensors Market
- 8.4.3. Japan Smart Grid Sensors Market
- 8.4.4. Australia Smart Grid Sensors Market
- 8.4.5. South Korea Smart Grid Sensors Market
- 8.4.6. Rest of Asia Pacific Smart Grid Sensors Market
8.5. Latin America Smart Grid Sensors Market Snapshot
- 8.5.1. Brazil Smart Grid Sensors Market
- 8.5.2. Mexico Smart Grid Sensors Market
- 8.5.3. Rest of Latin America Smart Grid Sensors Market
8.6. Rest of The World Smart Grid Sensors Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. General Electric Company
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Toshiba Corporation
- 9.2.3. ABB Ltd.
- 9.2.4. Honeywell International Inc.
- 9.2.5. Siemens AG
- 9.2.6. Aclara Technologies LLC
- 9.2.7. GIPRO GmbH
- 9.2.8. QinetiQ Group PLC
- 9.2.9. Sentient Energy, Inc.
- 9.2.10. GRID20/20 Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Smart Grid Sensors Market, report scope
TABLE 2. Global Smart Grid Sensors Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Smart Grid Sensors Market estimates & forecasts by Sensor 2019-2029 (USD Billion)
TABLE 4. Global Smart Grid Sensors Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Smart Grid Sensors Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Smart Grid Sensors Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Smart Grid Sensors Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Smart Grid Sensors Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Smart Grid Sensors Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Smart Grid Sensors Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Smart Grid Sensors Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Smart Grid Sensors Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Smart Grid Sensors Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Smart Grid Sensors Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Smart Grid Sensors Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Smart Grid Sensors Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Smart Grid Sensors Market
TABLE 70. List of primary sources, used in the study of global Smart Grid Sensors Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Smart Grid Sensors Market, research methodology
FIG 2. Global Smart Grid Sensors Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Smart Grid Sensors Market, key trends 2021
FIG 5. Global Smart Grid Sensors Market, growth prospects 2022-2029
FIG 6. Global Smart Grid Sensors Market, porters 5 force model
FIG 7. Global Smart Grid Sensors Market, pest analysis
FIG 8. Global Smart Grid Sensors Market, value chain analysis
FIG 9. Global Smart Grid Sensors Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Smart Grid Sensors Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Smart Grid Sensors Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Smart Grid Sensors Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Smart Grid Sensors Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Smart Grid Sensors Market, regional snapshot 2019 & 2029
FIG 15. North America Smart Grid Sensors Market 2019 & 2029 (USD Billion)
FIG 16. Europe Smart Grid Sensors Market 2019 & 2029 (USD Billion)
FIG 17. Asia Pacific Smart Grid Sensors Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Smart Grid Sensors Market 2019 & 2029 (USD Billion)
FIG 19. Global Smart Grid Sensors Market, company Market share analysis (2021)