Energy and Power

Smart Grid Optimization Solutions Market in Americas 2015-2019

  • TEC321034
  • 76 Pages
  • July 2015
  • Energy and Power
About Smart Grid Optimization Solutions
Smart grid optimization solutions have a wide array of advances that give utilities and grid operators to digital control a power delivery network. Although the concept of network optimization is simple, the practice is complex because it involves multiple variables and compensations. Rising demand, lack of predictability of renewable resource generation, volatile energy costs, and the emergence of electric vehicles are the factors that affect network stability. Utilities have to predict and diagnose potential problems and take decisions to provide high-quality and reliable services. Grid Optimization is an umbrella term that refers to improvements in three main areas:
System reliability
Operational Ef?ciency
Asset utilization and protection

Technavio's analysts forecast the smart grid optimization solutions market in the Americas to grow at a CAGR of 16.1% over the period 2014-2019.

Covered in this Report
The report includes the present scenario and the growth prospects of the smart grid optimization solutions market in the Americas for the period 2015-2019. The market can be segmented into three: generation, transmission, and distribution optimization solutions.
Technavio's report, Smart Grid Optimization Solutions Market in the Americas 2015-2019, 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 in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors
ABB
GE Energy
S&C Electric
Schneider Electric
Schweitzer Engineering Laboratories

Other Prominent Vendors
Ambient
BPL Global
Oracle

Key Market Driver
Increased Smart Grid Deployment
For a full, detailed list, view our report

Key Market Challenge
Exposure to Cyber Attacks
For a full, detailed list, view our report

Key Market Trend
Growing Government Support for Smart Grid Industry
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 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?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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