Smart grid sensors are compact electrical devices used for detecting and monitoring power system equipment. They track the power line temperatures and weather conditions around the power cables, and are also used to calculate the current carrying capacity of transmission lines.
Technavio’s analysts forecast the global Smart Grid Sensors market to grow at a CAGR of 15.28% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global smart grid sensors market for 2017-2021. To calculate the market size, the report considers the new installations and exclude replacement/ aftermarket/services market.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio's report, Global Smart Grid Sensors 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 • Arteche • Landis+Gyr • Metrycom Communication • Mitsubishi Electric • Powel • QinetiQ • Sentient Technologies Holdings • Silver Spring Networks
Market driver • Transition to smart grids • For a full, detailed list, view our report
Market challenge • Concerns over cyber security • For a full, detailed list, view our report
Market trend • Aging power grids • 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? • 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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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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