Smart Grid Equipment in the US 2015-2019
About smart grid equipment
A smart grid is a type of electrical grid that uses computer-based automation technology to integrate communication and information, available in digital or analog format, to facilitate and improve power production and distribution process. Smart grids are used to monitor and control power flows from the point of generation to consumption, thereby enhancing predictability, visibility, and efficient management of the production and demand. The technology brings flexibility to the whole system. It facilitates the integration of intermittent energy generation from renewable sources, and in peak load management, which helps in cost effectivity.
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Following are some of the equipment required for the transformation of traditional electrical grids into smart grids:
Hardware and software technologies
Smart meters
Sensors
Communication and wireless network infrastructure
Smart T&D equipment
Technavio's analysts forecast the smart grid equipment market in the US to grow at a CAGR of 4.05% over the period 2014-2019.
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PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Technological overview
Market size and forecast
Some prominent smart grid projects in the US
Five forces analysis
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