New York, NY -- (SBWIRE) -- 10/02/2017 -- About Grid Optimization Solutions

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.

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

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

Technavio's report, 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.

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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
……..

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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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Table Of Contents

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market by products
- Global grid optimization solutions market byproducts
- Global grid optimization solutions market by hardware components
- Global grid optimization solutions market by software systems
PART 07: Geographical
- Global grid optimization solutions market by geography
- Grid optimization solutions market in the Americas
- Grid optimization solutions market in EMEA
- Grid optimization solutions market in APAC
PART 08: Decision framework
PART 09: Drivers and challenges
- Market drivers
- Market challenges
PART 10: Market trends
- Changing energy landscape and increased demand for power generation
- Aging power grids
- Increasing need for energy efficiency
PART 11: Vendor landscape
- Competitive landscape
- Other prominent vendors
PART 12: Key vendor analysis
- ABB
- Aclara Technologies
- Eaton
- General Electric
PART 13: Appendix
- List of abbreviations
List of Exhibits

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