PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1385599
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1385599
Smart Grid Sensors Market Introduction and Overview
According to SPER Market Research, 'Smart Grid Sensors Market Size- By Sensor, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Smart Grid Sensors Market is predicted to reach USD 2.84 billion by 2033 with a CAGR of 19.11%.
A smart grid sensor is a gadget that collects data from the electrical system. Among other things, these sensors are capable of measuring voltage, current, temperature, and power usage. The security, dependability, and efficiency of the electric power system can be improved with the help of the data collected by these sensors. By linking smart grid sensors to the Internet, the data they collect may be transferred to a remote location for monitoring and analysis.
The COVID-19 pandemic had a major effect on the growth of the outdoor and industrial manufacturing sectors. Nonetheless, in 2021 there was a notable surge in the usage of modern networking and communication technologies. On the other hand, the COVID-19 pandemic brought about a variety of challenges that primarily hurt the smart grid sensors business, including a manpower shortage and project cancellations or delays caused by partial or complete global lockdowns.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Sensor, By Application
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered
s&c electric company, Itron, Inc., Aclara Technologies LLC, Trilliant, Echelon Corporation, ABB, ge grid solutions, Landis+Gyr, Siemens, Sentient Energy, Inc.
Smart Grid Sensors Market Key Segments Covered
By Sensor: Based on the Sensor, Global Smart Grid Sensors Market is segmented as; Voltage and Temperature Sensors, Outage Detection, Others.
By Application: Based on the Application, Global Smart Grid Sensors Market is segmented as; Advanced Metering Infrastructure, Smart Grid Distribution Management, Supervisory Control and Data Acquisition, Smart Energy Meter, Others.
By Region: This report also provides the data for key regional segments of North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.