Global Grid Optimization Solutions Market To Grow At A CAGR Of 11.36% During The Period 2017-2021 : ABB, Aclara Technologies, Eaton, General Electric

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Grid optimization solutions are compact electrical devices that are used to detect and monitor power system equipment. These devices monitor electrical equipment such as transformers, arrestors, power cables, and other equipment installed in power plants or substations along with the demand-side management in smart grids. These devices are used in residential areas and offices to enhance energy efficiency. The benefits of grid optimization are to reduce the overall cost of delivering power to users, increase the reliability of grids, and ensure the efficient use of assets, thereby deferring the investments in generation, transmission, and distribution assets.

Technavios analysts forecast the global grid optimization solutions market to grow at a CAGR of 11.36% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global grid optimization solutions market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Grid Optimization Solutions Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
ABB
Aclara Technologies
Eaton
General Electric

Other prominent vendors
Advanced Control Systems
Advanced Electronics Company
Arbiter Systems
Arteche
BEIJING SIFANG AUTOMATION
CGI Group
Doble Engineering Company
EKM Metering
Electric Power Group
Elster Group (owned by Honeywell)
ERLPhase Power Technologies
FirstEnergy
Green Mountain Power
Hexagon
Holley Metering
Intel
Itron
Jiaxing Eastron Electronic Instruments
Kaihen
Kamstrup
Landis+Gyr
LINYANG Energy
Metrycom Communication
Milsoft Utility Solutions
Mitsubishi Electric
mPower Innovations
Murata Power Solutions
National Information Solutions
Open Systems International
Operation Technology
Oracle
Powel
Power Sensors
Power System Engineering
PowerWorld
QinetiQ
Quanta Technology
Ripley Power & Light Company
Schneider Electric
Schweitzer Engineering Laboratories
SEDC
Sensus
Sentient Technologies Holdings
Siemens
Silver Spring Networks
Silver Spring Networks
Simpson Electric
Survalent Technology
Westinghouse Electric

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Market driver
Transition to smart grids
For a full, detailed list, view our report

Market challenge
Concerns over cybersecurity
For a full, detailed list, view our report

Market trend
Changing energy landscape and increased demand for power generation
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

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