Aug, Smart grid data analytics offer solutions that allow the analysis of a barrage of data generated during the operations of smart grid.
The improvement in manufacturing sectors of emerging markets including Mexico, China and India as a result of favorable government policies to attract investments is expected to promote market growth. Microgrid differs from conventional electrical distribution system as it acts a close proximity medium between the power generation and power consumption sources which results in increasing efficiency and reducing transmission losses.
These systems perform dynamic control over energy sources by enabling autonomous as well as automatic self-healing operations. Rising importance of captive electricity generation as a key alternative to the regulated power supply by municipal regulators in mining and mechanical engineering sectors is expected to have a strong impact.
Furthermore, rising production output of unconventional sources including shale gas in the U. To request a sample copy or view summary of this report, click the link below: The global microgrid demand was stood at 1. Remote microgrid market demand was The segment is expected to foresee tremendous gains owing to the upcoming installation of new projects in Arctic circle, Russia Natural gas is expected to witness revenue growth at a CAGR of The abovementioned favorable trends in natural gas industry of Russia is expected to open new markets.
Utility is projected to account for 9.
This launch is anticipated to play a crucial role in increasing the market share of Exelon in global industry over the next eight years. Grand View Research has segmented the global microgrid market on the basis of power source, product, application, and region:The long rivalry between Itron and Silver Spring Networks, the country’s two major smart meter and grid networking players, is ending in marriage.
May 31, · In , the invention of the electrical grid transformed our lives forever. Dramatic strides in health, efficiency, productivity, and more followed the expansion of electricity across the globe.
This statistic represents the projected spending of the global smart grid market between and with a forecast until , broken down by region. In , the North American smart grid.
Smart grid data analytics offer solutions that allow the analysis of a barrage of data generated during the operations of smart grid.
These solutions are gaining increasing popularity amongst the utility services providers and energy lausannecongress2018.comon: State Tower, 90 State Street, Suite , Albany, Sep 17, · Global Smart Grid Data Analytics Market report keep a basic overview of the industry including definitions, classifications, applications and industry chain structure.
The first overview section of the report comprised with a definition of the global Smart Grid Data Analytics market, classification and regional outlook of the market. Wall Street, venture capitalists, technology executives – all have important reasons to understand the growth and opportunity in the artificial intelligence market, but the inherent vagueness of the term makes any single valuation extremely difficult.