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.

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 MARKETSIZE AND FORECAST

TheGlobal 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 MARKETNEW 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 perGlobal Grid Automation System Market right now and how will it change in next 5-6 years? 
2. Average cost to set up aGlobal Grid Automation System Marketin US, Europe and China?
3. How manyGlobal 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 aGlobal Grid Automation System Marketand key vendor selection criteria
6. Where is theGlobal Grid Automation System Marketmanufactured? What is the average margin per equipment?
7. Market share ofGlobal Grid Automation System Market manufacturers and their upcoming products
8. The most important plannedGlobal Grid Automation System Market in next 2 years
9. Details on network of majorGlobal Grid Automation System Market and pricing plans
10. Cost advantage for OEMs who manufactureGlobal Grid Automation System Market in-house
11. 5 key predictions for next 5 years inGlobal Grid Automation System Market
12. Average B-2-BGlobal Grid Automation System Market price in all segments
13. Latest trends inGlobal Grid Automation System Market by every market segment
14. The market size (both volume and value) ofGlobal Grid Automation System Marketin 2022-2027 and every year in between?
15. Global production breakup ofGlobal Grid Automation System Marketby suppliers and their OEM relationship