WiseGuyReports.com adds “Global Smart Grid Managed Services Market
2016-2020” new report to its research database. The report spread across 65 pages
with table and figures.
This market research
report presents a comprehensive analysis of the global smart grid managed
services market by application (EMS, DMS, and data analytics) and by geography
(Americas, APAC, and EMEA). Leading vendors in this market are Accenture,
Capgemini, GE-Alstom, IBM, and Siemens.
Overview of the global smart grid managed
services market
The market research analyst predicts the global smart grid managed services market to grow at a significant CAGR of around 45% by the end of the forecast period. The concept of smart grid managed services refers to synchronizing the software and hardware used to manage smart grids. It also includes operational services using smart meters and integrating energy sources with smart grids. The smart grid technology also helps end users in the utilities sector to communicate better. Since new technology in the form of smart grids is being set up, investments in grid-related equipment will be high on both the production and distribution sides.
The market research analyst predicts the global smart grid managed services market to grow at a significant CAGR of around 45% by the end of the forecast period. The concept of smart grid managed services refers to synchronizing the software and hardware used to manage smart grids. It also includes operational services using smart meters and integrating energy sources with smart grids. The smart grid technology also helps end users in the utilities sector to communicate better. Since new technology in the form of smart grids is being set up, investments in grid-related equipment will be high on both the production and distribution sides.
Complete Report Details Available at https://www.wiseguyreports.com/reports/global-smart-grid-managed-services-market-2016-2020
Recently, it has been observed that governments from across the globe are
focusing on the reduction of carbon emissions and are also striving to find
cleaner sources of energy. Due to the advent of stringent government policies,
the utilization of renewable energy has increased. Smart grid managed services
play a major role in reducing waste and also to manage power requirements based
on peak and non-peak times. The implementation of smart grid managed services
will help to cut down on power outages, ensure a steady power supply, and bring
down the total cost of power.
Application-based segmentation and analysis of the smart grid managed
services market
- Energy management systems (EMS)
- Distribution management systems (DMS)
- Data Analytics
- Energy management systems (EMS)
- Distribution management systems (DMS)
- Data Analytics
In this market research, analysts have estimated the DMS market segment to account for almost 45% of the total market share by 2020. A DMS integrates all the systems of the grid and acts as a decision support system. Its ability to take corrective measures, finds faults, and provide useful information to the operator to manage the grid more efficiently will lead to its augmented adoption during the forecast period. Furthermore, with the increasing focus on renewable energy installations and demand-response programs, the demand for DMS will witness a stark increase by 2020.
Geographical segmentation and analysis of the smart grid managed services
market
- Americas
- APAC
- EMEA
- Americas
- APAC
- EMEA
Order
a Purchase Report Copy at https://www.wiseguyreports.com/checkout?currency=one_user-USD&report_id=379033
The global smart grid managed services market is dominated by the
Americas, which accounts for about two-thirds of the overall market share.
Adoption of smart meters and the upgradation of older systems are a couple of
reasons behind the growth and domination of this region. Smart grids help
providers to manage power demands during peak and non-peak hours and also help
them to improve the operational efficiency. Setting up smart grids also helps
to cut down on carbon emissions.
Competitive
Landscape and key vendors
The smart grid managed services market has a number of established vendors. In quite a few regions, local and regional vendors dominate the market, and large vendors have to deal with competitors. Large vendors have advantages like access to extensive capital and R&D funds, which allows them to develop new technologies.
The smart grid managed services market has a number of established vendors. In quite a few regions, local and regional vendors dominate the market, and large vendors have to deal with competitors. Large vendors have advantages like access to extensive capital and R&D funds, which allows them to develop new technologies.
Key vendors in this
market are -
Accenture
Capgemini
GE-Alstom
IBM
Siemens
Capgemini
GE-Alstom
IBM
Siemens
Other prominent vendors in this market are Alcatel-Lucent, AT&T, EnerNOC, Ericsson, FirstCarbon Solutions, HCL Technologies, Infosys, Itron, Lockheed Martin, Tendril Networks, Trilliant Energy Services, and Wipro.
Inquire
more at https://www.wiseguyreports.com/enquiry/global-smart-grid-managed-services-market-2016-2020
Contact Us
NORAH TRENT
Partner Relations & Marketing Manager
sales@wiseguyreports.com
Ph: +1-646-845-9349 (US)
Ph: +44 208 133 9349 (UK)
No comments:
Post a Comment