Global Grid Automation System Market 2022-2027

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    GLOBAL GRID AUTOMATION SYSTEM MARKET

     

    INTRODUCTION

    Two-way communication technologies, control systems, and computer processing enable Grid Automation technologies. 

     

    Advanced sensors that allow operators to assess grid stability, advanced digital metres that give consumers better information and automatically report outages, relays that sense and recover from substation faults automatically, automated feeder switches that re-route power around problems, and batteries that store excess energy and make it available to the grid later to meet customer demand are just a few of the advanced technologies.

     

    infographic: Grid Automation System Market , Grid Automation System Market Size, Grid Automation System Market Trends, Grid Automation System Market Forecast, Grid Automation System Market Risks, Grid Automation System Market Report, Grid Automation System Market Share

     

    Electric infrastructure is becoming obsolete, and it is being pushed to perform more than it was designed to accomplish. 

     

    The utilisation of cutting-edge technology, equipment, and controls that communicate and work together to deliver energy more reliably and effectively can dramatically reduce the frequency and duration of power outages, reduce storm impacts, and restore service faster when outages occur.

     

    GLOBAL GRID AUTOMATION SYSTEM MARKET SIZE AND FORECAST

     

    The Global Grid Automation System Market  accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027.

     

     

    GLOBAL GRID AUTOMATION SYSTEM MARKET NEW PRODUCT LAUNCH

    ABB Electrification Digital Systems provides pre-configured and fully engineered grid automation indoor and outdoor cabinets, which include Relion REC615 advanced protection and control, RIO600 hardwired IO units, Arctic ARx600 wireless gateways, third-party RTUs, battery and chargers, and IO terminals, all of which are internally pre-wired and ready for installation in a secondary substation.

     

    These ‘GA boxes’ can be fully integrated into ABB Compact Secondary Substations, allowing for fully ‘digital ready’ distribution substations and the development of efficient, dependable, and smart distribution grids.

     

    Hitachi ABB Power Grids has introduced the RTU530, a brand-new Remote Terminal Unit (RTU) that builds on the RTU500 series’ proven reliability and efficiency.

     

    The RTU adds sophisticated features such as speedier processing and a simple, user-friendly interface. The RTU530 supports customers’ efforts to decarbonize, modernise, and secure their electric grids by providing advanced features and digital capabilities that enable faster choices, dependable grid operations, and support customers’ efforts to decarbonize, modernise, and secure their electric grids.

     

    The Next-Gen Grid Intelligence System to Enable Autonomous Distributed Energy Systems was unveiled by Corinex Communications Corp., a global pioneer in broadband-power line (“BPL”) technology. The new system, which is based on the G.hn protocol, an ITU standard ratified by utility sector groups, is the first commercially viable BPL system. 

     

    The technology offers edge computing, artificial intelligence (AI), and quick device communication capabilities in addition to smart metering, enabling the autonomous operation of electrical grids.

     

    The new system was created in response to the demands for decentralized management that the expansion of generation, storage, and electric vehicle connections to grids around the world have placed on grids. 

     

    In order to improve control, administration, and monitoring of its power network, Dubai Electricity and Water Authority (DEWA) has announced the introduction of an Automatic Smart Grid Restoration System (ASGR), the first of its type in the MENA area. Without any assistance from humans, the system operates continuously.

     

    It employs a clever, cutting-edge, and centralized system that finds the power network failure, isolates it, and automatically restores service.

     

    COMPANY PROFILE

    1. Schneider Electric
    2. General Electric 
    3. ABB
    4. Siemens 

     

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. What is the average cost per Global Grid Automation System Market right now and how will it change in next 5-6 years? 
    2. Average cost to set up a Global Grid Automation System Market in US, Europe and China?
    3. How many Global Grid Automation System Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
    4. What is happening in the overall public, globally? 
    5. Cost breakup of a Global Grid Automation System Market and key vendor selection criteria
    6. Where is the Global Grid Automation System Market manufactured? What is the average margin per equipment?
    7. Market share of Global Grid Automation System Market manufacturers and their upcoming products
    8. The most important planned Global Grid Automation System Market in next 2 years
    9. Details on network of major Global Grid Automation System Market and pricing plans
    10. Cost advantage for OEMs who manufacture Global Grid Automation System Market in-house
    11. 5 key predictions for next 5 years in Global Grid Automation System Market
    12. Average B-2-B Global Grid Automation System Market price in all segments
    13. Latest trends in Global Grid Automation System Market by every market segment
    14. The market size (both volume and value) of Global Grid Automation System Market in 2022-2027 and every year in between?
    15. Global production breakup of Global Grid Automation System Market by suppliers and their OEM relationship

     

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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