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Global Market for Dynamic Volt/VAR Control Architecture 2015-2019

Global Market for Dynamic Volt/VAR Control Architecture 2015-2019

About dynamic volt VAR control architecture

The variability in voltage parameters is rising with increase in load because of rising energy demand and renewable energy resources integration into the grid. This variability can be dangerous for voltage sensitive equipment such as PCs. Thus, the voltage is required to be regulated under specified limits. Therefore, dynamic Volt/VAR control architecture improves the grid efficiency and helps the power grid to become more flexible.

The reactive power flow is controlled in distribution systems to reduce power loss. The voltage control and reactive power control should be well integrated for the grid system to work efficiently. Utilities employ a number of technologies such as capacitor banks, voltage regulators, and power transformers with on-load tap changers to monitor and adjust the volt/VAR levels. These technologies help utilities to reduce the peak demand, enables power factor levels to reduce energy losses, and implement conservation voltage reduction. This whole process leads to significant reduction in power loss and energy demand.

Technavio's analysts forecast the global market for dynamic volt VAR control architecture to grow at a CAGR of 15.7% during 2014-2019.

Covered in this report

The global market for dynamic volt VAR control architecture is divided into the following based on the type of solutions: volt VAR control, distribution voltage optimization, conservation voltage reduction, distribution volt VAR control, and others.

Technavio's report, Global Market for Dynamic Volt VAR Control Architecture 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • ABB
  • GE Digital Energy
  • Schneider Electric
  • Siemens Energy
  • Silver Spring Network
Other prominent vendors
  • Advanced Control Systems
  • Beckwith Electric
  • Eaton
  • Gridco Systems
  • S&C Electric
  • Varentec
Market driver
  • Increased renewable power integration
  • For a full, detailed list, view our report
Market challenge
  • High initial costs
  • For a full, detailed list, view our report
Market trend
  • Need for better energy efficiency
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Dynamic Volt/VAR Control Architecture Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Dynamic Volt/VAR Control Architecture Market: ABB Ltd., GE Digital Energy, Schneider Electric Corp., Siemens Energy AG, and Silver Spring Network, Inc.

Other Prominent Vendors in the market are: ABB Ltd., GE Digital Energy, Schneider Electric Corp., Siemens Energy AG, and Silver Spring Network, Inc.

Commenting on the report, an analyst from Technavio’s team said: “The rising need for better energy efficiency is one of the primary trends observed in this market. Many power utilities have started adopting smart grid technologies and networking solutions to achieve the overall goal of creating an efficient smart grid system. A smart grid consists of a monitoring system where the use of electricity is tracked in detail and imbalances are taken care of.”

According to the report, one driver that positively influences growth in this market is the recent increase in the electricity load. Growing energy demand is leading to load growth and variability in load, which is fueling the demand for Volt/VAR controls.

Further, the report states that the high initial cost of implementing Volt/VAR control architecture is one of the major challenges that negatively influences market growth. Upgrading a country's electricity grid into a smart grid involves high installation costs. Large public utilities can recover the money invested because of the large consumer base. However, small utilities find it difficult to invest and recover their capital.

Technavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit- http://www.technavio.com/equipment

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
    • Market Size and Forecast
      • Table Global Dynamic Volt/VAR Control Architecture Market 2014-2019 ($ millions)
    • Five Forces Analysis
  • Market Segmentation by Solution
    • Global Dynamic Volt/VAR Control Architecture Market by Solution 2014-2019
      • Table Global Dynamic Volt/VAR Control Architecture Market by Solution 2014
      • Table Global Dynamic Volt/VAR Control Architecture Market by Solution 2019
      • Table Global Dynamic Volt/VAR Control Architecture Market by Solution 2014-2019
    • Global Dynamic Volt/VAR Control Architecture Market by Volt/VAR Control
      • Market Size and Forecast
        • Table Global Dynamic Volt/VAR Control Architecture Market by Volt/VAR Control 2014-2019 ($ millions)
    • Global Dynamic Volt/VAR Control Architecture Market by Distribution Voltage Optimization
      • Market Size and Forecast
        • Table Global Dynamic Volt/VAR Control Architecture Market by Distribution Voltage Optimization 2014-2019 ($ millions)
    • Global Dynamic Volt/VAR Control Architecture Market by Conservation Voltage Reduction
      • Market Size and Forecast
        • Table Global Dynamic Volt/VAR Control Architecture Market by Conservation Voltage Reduction 2014-2019 ($ millions)
    • Global Dynamic Volt/VAR Control Architecture Market by Distribution Volt/VAR Control
      • Market Size and Forecast
        • Table Global Dynamic Volt/VAR Control Architecture Market by Distribution Volt/VAR Control 2014-2019 ($ millions)
  • Geographical Segmentation
    • Global Dynamic Volt/VAR Control Architecture Market by Geographical Segmentation 2014-2019
      • Table Global Dynamic Volt/VAR Control Architecture Market by Geographical Segmentation 2014
      • Table Global Dynamic Volt/VAR Control Architecture Market by Geographical Segmentation 2019
    • Dynamic Volt/VAR Control Architecture Market in Americas
      • Market Size and Forecast
        • Table Dynamic Volt/VAR Control Architecture Market in Americas 2014-2019 ($ millions)
    • Dynamic Volt/VAR Control Architecture Market in EMEA
      • Market Size and Forecast
        • Table Dynamic Volt/VAR Control Architecture Market in EMEA 2014-2019 ($ millions)
    • Dynamic Volt/VAR Control Architecture Market in APAC
      • Market Size and Forecast
        • Table Dynamic Volt/VAR Control Architecture Market in APAC 2014-2019 ($ millions)
  • Key Leading Countries
    • US
    • UK
    • Germany
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
      • Mergers and Acquisitions
    • Other Prominent Vendors
  • Key Vendor Analysis
    • ABB
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table ABB: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table ABB: Business Segmentation by Revenue 2013 and 2014 ($ billions)
      • Geographical Segmentation 2014
        • Table ABB: Geographical Segmentation 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • General Electric Digital Energy
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table General Electric Digital Energy: Product Segmentation 2013
      • Recent Developments
      • SWOT Analysis
    • Schneider Electric
      • Key Facts
      • Key Information
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Schneider Electric: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Schneider Electric : Business Segmentation by Revenue 2012 and 2013 ($ millions)
      • Geographical Segmentation by Revenue 2013
        • Table Schneider Electric: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Siemens Energy
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Business Segmentation of Siemens Energy 2013
        • Table Business Segmentation of Siemens Energy by Revenue 2012 and 2013 ($ billions)
      • Geographical Segmentation
        • Table Geographical Segmentation of Siemens Energy by Revenue 2013
      • Business Strategy
      • Key Information
      • SWOT Analysis
    • Silver Spring Networks
      • Key Facts
      • Business Overview
      • Product Segmentation by Revenue 2013
        • Table Silver Spring Networks: Product Segmentation by Revenue 2013
      • Product Segmentation by Revenue 2012 and 2013
        • Table Silver Spring Networks: Product Segmentation by Revenue 2012 and 2013 ($ millions)
      • Geographical Segmentation by Revenue 2013
        • Table Silver Spring Networks: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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