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PUBLISHER: KBV Research | PRODUCT CODE: 1245598

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PUBLISHER: KBV Research | PRODUCT CODE: 1245598

Asia Pacific Smart Grid Sensors Market Size, Share & Industry Trends Analysis Report By Application, By Type (Voltage & Temperature Sensors, Outage Detection and Others), By Country and Growth Forecast, 2022 - 2028

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The Asia Pacific Smart Grid Sensors Market would witness market growth of 16.0% CAGR during the forecast period (2022-2028).

Smart Grid technology will allow the grid to adapt more effectively to the dynamics of distributed generation and renewable energy sources, making it easier for utilities and customers to utilize these resources and profit from them. It is difficult for the grid to take input from many dispersed energy resources since the present infrastructure was built to transport electricity from centralized supply sources to fixed, predictable demands.

Moreover, the grid will need integrated monitoring and control and integration with substation automation to govern various energy flows and arrange for standby capacity to supplement intermittent generation because of intermittent supplies like solar and wind power. Controlling bidirectional power flows as well as monitoring, managing, and supporting these remote resources will be made simpler by smart grid capabilities.

Customers are given the means to take advantage of real-time power pricing, incentive-based load reduction signals, or emergency load reduction signals via sophisticated communications capabilities. Moreover, a smart grid may enable the distribution generation resources like domestic solar panels, which allow small participants like individual residences and small businesses to sell their conserved energy to neighbors or back to the grid. The same will apply to bigger commercial enterprises with backup or renewable power systems that may provide electricity for a fee at peak demand, which usually occurs in the summer when air conditioners burden the grid.

The Ministry of Power (MOP) also adopted a Vision and Roadmap of Smart Grid for India in August 2013 after considering the need to convert the grid to a SmartGrid. After early technology demonstrations and allowing business models to enable public and private financial flows to scale up SmartGrid implementation, the NSGM is anticipated to operate as a catalyst to encourage the adoption of SmartGrid technologies and standards by utilities. The performance of SmartGrid throughout the nation will be planned, designed, and supported by the NSGM. The State Level Project Management Units (SLPMUs), capacity development, and creating preparation for successful SmartGrid deployment are the main areas of concentration for the NSGM at the state level. As a result, the market for smart grid sensors in the Asia Pacific is anticipated to grow.

The China market dominated the Asia Pacific Smart Grid Sensors Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $109.6 Million by 2028. The Japan market is experiencing a CAGR of 15.3% during (2022 - 2028). Additionally, The India market would display a CAGR of 16.8% during (2022 - 2028).

Based on Application, the market is segmented into Smart Energy Meter, Advanced Metering Infrastructure, Smart Grid Distribution Management, Supervisory Control & Data Acquisition and Others. Based on Type, the market is segmented into Voltage & Temperature Sensors, Outage Detection and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric Company (GE Grid Solutions), Siemens Energy AG, ABB Group, Renesas Electronics Corporation (Echelon Industries Corporation), Aclara Technologies LLC. (Hubbell Incorporated), Landis+Gyr Group AG, Itron, Inc., S&C Electric Company, Trilliant Holdings, Inc., and Sentient Energy, Inc. (Koch Engineered Solutions) (Koch Industries, Inc.)

Scope of the Study

Market Segments covered in the Report:

By Application

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

By Type

  • Voltage & Temperature Sensors
  • Outage Detection
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Companies Profiled

  • General Electric Company (GE Grid Solutions)
  • Siemens Energy AG
  • ABB Group
  • Renesas Electronics Corporation (Echelon Industries Corporation)
  • Aclara Technologies LLC. (Hubbell Incorporated)
  • Landis+Gyr Group AG
  • Itron, Inc.
  • S&C Electric Company
  • Trilliant Holdings, Inc.
  • Sentient Energy, Inc. (Koch Engineered Solutions) (Koch Industries, Inc.)

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 Asia Pacific Smart Grid Sensors Market, by Application
    • 1.4.2 Asia Pacific Smart Grid Sensors Market, by Type
    • 1.4.3 Asia Pacific Smart Grid Sensors Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market Overview

  • 2.1 Introduction
    • 2.1.1 Overview
      • 2.1.1.1 Market Composition and Scenario
  • 2.2 Key Factors Impacting the Market
    • 2.2.1 Market Drivers
    • 2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global

  • 3.1 Market Share Analysis, 2021
  • 3.2 Strategies deployed in Smart Grid Sensors Market

Chapter 4. Asia Pacific Smart Grid Sensors Market by Application

  • 4.1 Asia Pacific Smart Energy Meter Market by Country
  • 4.2 Asia Pacific Advanced Metering Infrastructure Market by Country
  • 4.3 Asia Pacific Smart Grid Distribution Management Market by Country
  • 4.4 Asia Pacific Supervisory Control & Data Acquisition Market by Country
  • 4.5 Asia Pacific Others Market by Country

Chapter 5. Asia Pacific Smart Grid Sensors Market by Type

  • 5.1 Asia Pacific Voltage & Temperature Sensors Market by Country
  • 5.2 Asia Pacific Outage Detection Market by Country
  • 5.3 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Smart Grid Sensors Market by Country

  • 6.1 China Smart Grid Sensors Market
    • 6.1.1 China Smart Grid Sensors Market by Application
    • 6.1.2 China Smart Grid Sensors Market by Type
  • 6.2 Japan Smart Grid Sensors Market
    • 6.2.1 Japan Smart Grid Sensors Market by Application
    • 6.2.2 Japan Smart Grid Sensors Market by Type
  • 6.3 India Smart Grid Sensors Market
    • 6.3.1 India Smart Grid Sensors Market by Application
    • 6.3.2 India Smart Grid Sensors Market by Type
  • 6.4 South Korea Smart Grid Sensors Market
    • 6.4.1 South Korea Smart Grid Sensors Market by Application
    • 6.4.2 South Korea Smart Grid Sensors Market by Type
  • 6.5 Singapore Smart Grid Sensors Market
    • 6.5.1 Singapore Smart Grid Sensors Market by Application
    • 6.5.2 Singapore Smart Grid Sensors Market by Type
  • 6.6 Malaysia Smart Grid Sensors Market
    • 6.6.1 Malaysia Smart Grid Sensors Market by Application
    • 6.6.2 Malaysia Smart Grid Sensors Market by Type
  • 6.7 Rest of Asia Pacific Smart Grid Sensors Market
    • 6.7.1 Rest of Asia Pacific Smart Grid Sensors Market by Application
    • 6.7.2 Rest of Asia Pacific Smart Grid Sensors Market by Type

Chapter 7. Company Profiles

  • 7.1 General Electric Company (GE Grid Solutions)
    • 7.1.1 Company Overview
    • 7.1.2 Financial Analysis
    • 7.1.3 Segmental and Regional Analysis
    • 7.1.4 Research & Development Expense
    • 7.1.5 Recent strategies and developments:
      • 7.1.5.1 Partnerships, Collaborations, and Agreements:
      • 7.1.5.2 Product Launches and Product Expansions:
    • 7.1.6 SWOT Analysis
  • 7.2 Siemens Energy AG
    • 7.2.1 Company Overview
    • 7.2.2 Financial Analysis
    • 7.2.3 Segmental and Regional Analysis
    • 7.2.4 Research & Development Expenses
    • 7.2.5 Recent strategies and developments:
      • 7.2.5.1 Partnerships, Collaborations, and Agreements:
      • 7.2.5.2 Product Launches and Product Expansions:
      • 7.2.5.3 Acquisition and Mergers:
  • 7.3 ABB Group
    • 7.3.1 Company Overview
    • 7.3.2 Financial Analysis
    • 7.3.3 Segmental and Regional Analysis
    • 7.3.4 Research & Development Expense
    • 7.3.5 SWOT Analysis
  • 7.4 Renesas Electronics Corporation (Echelon Industries Corporation)
    • 7.4.1 Company Overview
    • 7.4.2 Financial Analysis
    • 7.4.3 Segmental and Regional Analysis
    • 7.4.4 Research & Development Expense
  • 7.5 Aclara Technologies LLC. (Hubbell Incorporated)
    • 7.5.1 Company Overview
    • 7.5.2 Financial Analysis
    • 7.5.3 Segmental and Regional Analysis
  • 7.6 Landis+Gyr Group AG
    • 7.6.1 Company Overview
    • 7.6.2 Financial Analysis
    • 7.6.3 Regional Analysis
    • 7.6.4 Research and Development Expense
    • 7.6.5 Recent strategies and developments:
      • 7.6.5.1 Partnerships, Collaborations, and Agreements:
  • 7.7 Itron, Inc.
    • 7.7.1 Company Overview
    • 7.7.2 Financial Analysis
    • 7.7.3 Segmental and Regional Analysis
    • 7.7.4 Research & Development Expense
  • 7.8 S&C Electric Company
    • 7.8.1 Company Overview
    • 7.8.2 Recent strategies and developments:
      • 7.8.2.1 Product Launches and Product Expansions:
  • 7.9 Trilliant Holdings, Inc.
    • 7.9.1 Company Overview
  • 7.10. Sentient Energy, Inc. (Koch Engineered Solutions) (Koch Industries, Inc.)
    • 7.10.1 Company Overview

LIST OF TABLES

  • TABLE 1 Asia Pacific Smart Grid Sensors Market, 2018 - 2021, USD Million
  • TABLE 2 Asia Pacific Smart Grid Sensors Market, 2022 - 2028, USD Million
  • TABLE 3 Asia Pacific Smart Grid Sensors Market by Application, 2018 - 2021, USD Million
  • TABLE 4 Asia Pacific Smart Grid Sensors Market by Application, 2022 - 2028, USD Million
  • TABLE 5 Asia Pacific Smart Energy Meter Market by Country, 2018 - 2021, USD Million
  • TABLE 6 Asia Pacific Smart Energy Meter Market by Country, 2022 - 2028, USD Million
  • TABLE 7 Asia Pacific Advanced Metering Infrastructure Market by Country, 2018 - 2021, USD Million
  • TABLE 8 Asia Pacific Advanced Metering Infrastructure Market by Country, 2022 - 2028, USD Million
  • TABLE 9 Asia Pacific Smart Grid Distribution Management Market by Country, 2018 - 2021, USD Million
  • TABLE 10 Asia Pacific Smart Grid Distribution Management Market by Country, 2022 - 2028, USD Million
  • TABLE 11 Asia Pacific Supervisory Control & Data Acquisition Market by Country, 2018 - 2021, USD Million
  • TABLE 12 Asia Pacific Supervisory Control & Data Acquisition Market by Country, 2022 - 2028, USD Million
  • TABLE 13 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
  • TABLE 14 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
  • TABLE 15 Asia Pacific Smart Grid Sensors Market by Type, 2018 - 2021, USD Million
  • TABLE 16 Asia Pacific Smart Grid Sensors Market by Type, 2022 - 2028, USD Million
  • TABLE 17 Asia Pacific Voltage & Temperature Sensors Market by Country, 2018 - 2021, USD Million
  • TABLE 18 Asia Pacific Voltage & Temperature Sensors Market by Country, 2022 - 2028, USD Million
  • TABLE 19 Asia Pacific Outage Detection Market by Country, 2018 - 2021, USD Million
  • TABLE 20 Asia Pacific Outage Detection Market by Country, 2022 - 2028, USD Million
  • TABLE 21 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
  • TABLE 22 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
  • TABLE 23 Asia Pacific Smart Grid Sensors Market by Country, 2018 - 2021, USD Million
  • TABLE 24 Asia Pacific Smart Grid Sensors Market by Country, 2022 - 2028, USD Million
  • TABLE 25 China Smart Grid Sensors Market, 2018 - 2021, USD Million
  • TABLE 26 China Smart Grid Sensors Market, 2022 - 2028, USD Million
  • TABLE 27 China Smart Grid Sensors Market by Application, 2018 - 2021, USD Million
  • TABLE 28 China Smart Grid Sensors Market by Application, 2022 - 2028, USD Million
  • TABLE 29 China Smart Grid Sensors Market by Type, 2018 - 2021, USD Million
  • TABLE 30 China Smart Grid Sensors Market by Type, 2022 - 2028, USD Million
  • TABLE 31 Japan Smart Grid Sensors Market, 2018 - 2021, USD Million
  • TABLE 32 Japan Smart Grid Sensors Market, 2022 - 2028, USD Million
  • TABLE 33 Japan Smart Grid Sensors Market by Application, 2018 - 2021, USD Million
  • TABLE 34 Japan Smart Grid Sensors Market by Application, 2022 - 2028, USD Million
  • TABLE 35 Japan Smart Grid Sensors Market by Type, 2018 - 2021, USD Million
  • TABLE 36 Japan Smart Grid Sensors Market by Type, 2022 - 2028, USD Million
  • TABLE 37 India Smart Grid Sensors Market, 2018 - 2021, USD Million
  • TABLE 38 India Smart Grid Sensors Market, 2022 - 2028, USD Million
  • TABLE 39 India Smart Grid Sensors Market by Application, 2018 - 2021, USD Million
  • TABLE 40 India Smart Grid Sensors Market by Application, 2022 - 2028, USD Million
  • TABLE 41 India Smart Grid Sensors Market by Type, 2018 - 2021, USD Million
  • TABLE 42 India Smart Grid Sensors Market by Type, 2022 - 2028, USD Million
  • TABLE 43 South Korea Smart Grid Sensors Market, 2018 - 2021, USD Million
  • TABLE 44 South Korea Smart Grid Sensors Market, 2022 - 2028, USD Million
  • TABLE 45 South Korea Smart Grid Sensors Market by Application, 2018 - 2021, USD Million
  • TABLE 46 South Korea Smart Grid Sensors Market by Application, 2022 - 2028, USD Million
  • TABLE 47 South Korea Smart Grid Sensors Market by Type, 2018 - 2021, USD Million
  • TABLE 48 South Korea Smart Grid Sensors Market by Type, 2022 - 2028, USD Million
  • TABLE 49 Singapore Smart Grid Sensors Market, 2018 - 2021, USD Million
  • TABLE 50 Singapore Smart Grid Sensors Market, 2022 - 2028, USD Million
  • TABLE 51 Singapore Smart Grid Sensors Market by Application, 2018 - 2021, USD Million
  • TABLE 52 Singapore Smart Grid Sensors Market by Application, 2022 - 2028, USD Million
  • TABLE 53 Singapore Smart Grid Sensors Market by Type, 2018 - 2021, USD Million
  • TABLE 54 Singapore Smart Grid Sensors Market by Type, 2022 - 2028, USD Million
  • TABLE 55 Malaysia Smart Grid Sensors Market, 2018 - 2021, USD Million
  • TABLE 56 Malaysia Smart Grid Sensors Market, 2022 - 2028, USD Million
  • TABLE 57 Malaysia Smart Grid Sensors Market by Application, 2018 - 2021, USD Million
  • TABLE 58 Malaysia Smart Grid Sensors Market by Application, 2022 - 2028, USD Million
  • TABLE 59 Malaysia Smart Grid Sensors Market by Type, 2018 - 2021, USD Million
  • TABLE 60 Malaysia Smart Grid Sensors Market by Type, 2022 - 2028, USD Million
  • TABLE 61 Rest of Asia Pacific Smart Grid Sensors Market, 2018 - 2021, USD Million
  • TABLE 62 Rest of Asia Pacific Smart Grid Sensors Market, 2022 - 2028, USD Million
  • TABLE 63 Rest of Asia Pacific Smart Grid Sensors Market by Application, 2018 - 2021, USD Million
  • TABLE 64 Rest of Asia Pacific Smart Grid Sensors Market by Application, 2022 - 2028, USD Million
  • TABLE 65 Rest of Asia Pacific Smart Grid Sensors Market by Type, 2018 - 2021, USD Million
  • TABLE 66 Rest of Asia Pacific Smart Grid Sensors Market by Type, 2022 - 2028, USD Million
  • TABLE 67 KEY INFORMATION - GENERAL ELECTRIC Company
  • TABLE 68 Key Information - Siemens Energy AG
  • TABLE 69 Key Information - ABB Group
  • TABLE 70 key information - Renesas Electronics Corporation
  • TABLE 71 Key Information - Aclara Technologies LLC.
  • TABLE 72 Key Information - Landis+Gyr Group AG
  • TABLE 73 Key Information - Itron, Inc.
  • TABLE 74 Key information - S&C Electric Company
  • TABLE 75 Key information - Trilliant Holdings, Inc.
  • TABLE 76 key Information - Sentient Energy, Inc.

List of Figures

  • FIG 1 Methodology for the research
  • FIG 2 Market Share Analysis, 2021
  • FIG 3 Recent strategies and developments: General Electric Company
  • FIG 4 Swot analysis: General electric (GE) Co.
  • FIG 5 Recent strategies and developments: Siemens Ltd.
  • FIG 6 SWOT Analysis: ABB Group
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