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Smart Grid Optimization Solutions Market in Americas 2015-2019

Smart Grid Optimization Solutions Market in Americas 2015-2019

About Smart Grid Optimization Solutions

Smart grid optimization solutions have a wide array of advances that give utilities and grid operators to digital control a power delivery network. Although the concept of network optimization is simple, the practice is complex because it involves multiple variables and compensations. Rising demand, lack of predictability of renewable resource generation, volatile energy costs, and the emergence of electric vehicles are the factors that affect network stability. Utilities have to predict and diagnose potential problems and take decisions to provide high-quality and reliable services. Grid Optimization is an umbrella term that refers to improvements in three main areas:

  • System reliability
  • Operational Efficiency
  • Asset utilization and protection
Technavio's analysts forecast the smart grid optimization solutions market in the Americas to grow at a CAGR of 16.1% over the period 2014-2019.

Covered in this Report

The report includes the present scenario and the growth prospects of the smart grid optimization solutions market in the Americas for the period 2015-2019. The market can be segmented into three: generation, transmission, and distribution optimization solutions.

Technavio's report, Smart Grid Optimization Solutions Market in the Americas 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 includes a discussion of the key vendors operating in this market.

Key Vendors
  • ABB
  • GE Energy
  • S&C Electric
  • Schneider Electric
  • Schweitzer Engineering Laboratories
Other Prominent Vendors
  • Ambient
  • BPL Global
  • Oracle
Key Market Driver
  • Increased Smart Grid Deployment
  • For a full, detailed list, view our report
Key Market Challenge
  • Exposure to Cyber Attacks
  • For a full, detailed list, view our report
Key Market Trend
  • Growing Government Support for Smart Grid Industry
  • 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 – Smart Grid Optimization Solutions Market in Americas 2015-2019

Technavio recognizes the following companies as the key players in the Smart Grid Optimization Solutions Market in Americas: ABB Ltd., GE Energy, Schneider Electric SA, S&C Electric, and Schweitzer Engineering laboratories.

Other Prominent Vendors in the market are: Ambient, BPL Global, and Oracle.

Commenting on the report, an analyst from Technavio’s team said: “One trend that is expected to foster growth in this market is the integration of advanced smart grid technologies. Smart grid technology and networks include the integration of advanced technologies, such as the Internet, PCs, and wireless networking, including WAN and LAN, with power grids.”

According to the report, the need to reduce power loss is a key driver that augments growth in this market. Developing and developed countries equally face the threat of power loss. Even in developed countries, almost 8% of power loss results from inefficient distribution systems. In some grids, the absence of low-voltage automation systems in transformers makes it difficult to measure energy lost during transmission.

Further, the report states that the reluctance of power utilities to upgrade their power grids is a significant challenge faced by the market. Many utilities across the globe upgrade their power systems only when they become damaged. This is an outcome of the near-term cost evasion strategy adopted by utilities, which acts as a barrier to the adoption of smart grids.

  • 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
      • Table Overview of Smart Grid Optimization Solutions Market in Americas
    • Optimization Solutions in the Smart Grid
      • Generation Optimization
      • Transmission Optimization
      • Distribution Optimization
    • Market Size and Forecast
      • Table Smart Grid Optimization Solutions Market in Americas 2014-2019 ($ millions)
    • Five Forces Analysis
  • Market Segmentation by Application
    • Smart Grid Optimization Solutions Market in Americas by Application 2014
      • Table Smart Grid Optimization Solutions Market in Americas by Application 2014
    • Smart Grid Optimization Solutions Market in Americas by Application 2019
      • Table Smart Grid Optimization Solutions Market in Americas by Application 2019
      • Table Smart Grid Optimization Solutions Market in Americas by Application 2014-2019
    • Smart Grid Optimization Solutions Market in Americas by Distribution
      • Market Size and Forecast
        • Table Smart Grid Optimization Solutions Market in Americas by Distribution 2014-2019 ($ millions)
    • Smart Grid Optimization Solutions Market in Americas by Generation
      • Market Size and Forecast
        • Table Smart Grid Optimization Solutions Market in Americas by Generation 2014-2019 ($ millions)
    • Smart Grid Optimization Solutions Market in Americas by Transmission
      • Market Size and Forecast
        • Table Smart Grid Optimization Solutions Market in Americas by Transmission 2014-2019 ($ millions)
  • Key Leading Countries
    • US
      • Market Size and Forecast
        • Table Smart Grid Optimization Solutions Market in the US 2014-2019 ($ millions)
    • Brazil
      • Market Size and Forecast
        • Table Smart Grid Optimization Solutions Market in Brazil 2014-2019 ($ millions)
    • Canada
      • Market Size and Forecast
        • Table Smart Grid Optimization Solutions Market in Canada 2014-2019 ($Million)
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
      • Mergers and Acquisitions
    • Other Prominent Vendors
  • Key Vendor Analysis
    • ABB
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table ABB: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table ABB: Business Segmentation by Revenue 2013 and 2014 ($ billion)
      • Geographical Segmentation 2014
        • Table ABB: Geographical Segmentation 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • GE Energy
      • Business Description
      • Business Segmentation
        • Table GE Energy: Business Segmentation
      • Business Strategy
      • Revenue Segmentation by Business
        • Table GE Energy: Revenue Segmentation for FY2013
        • Table Revenue Comparison by Segments for FY2013 and FY2012 (in US$ million)
      • Key Developments
      • SWOT Analysis
    • S&C Electric
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table S&C Electric: Product Segmentation 2013
      • Business Strategy
      • 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 ($ million)
      • Geographical Segmentation by Revenue 2013
        • Table Schneider Electric: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • SEL
      • Business Overview
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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