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Sensor Market Opportunities in Smart Grid Industry Forecasts to 2021

Companies mentioned in this article: RnRMarketResearch

DALLAS, Aug. 12, 2014 /PRNewswire-iReach/ -- The report "Markets for Sensors for the Smart Grid: 2014-2021" includes an analysis of how various players up and down the smart grid supply chain -- firms such as electrical equipment manufacturers, electrical companies and the sensor makers themselves -- will be able to make money out of smart grid sensor business. In addition, as with previous studies we have included a forecast of the grid sensor market with breakouts by applications, types of sensor, etc. We also identify the key firms in this market and analyze their strategies.

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The "smart grid" is still in an early stage of deployment, but is evolving to suit advanced sensor technologies. Smart grids require multiple sensing, monitoring, and control functions at various levels--thus presenting several opportunities for smart grid sensors going forward. Not all these opportunities are available immediately. Also, once developed, these sensing devices will do not only smart grid functions but also other industry functions.

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Smart grids will become more interdependent on increasingly complex systems including renewable energy integration, energy storage, and electric vehicles. In this report, these interdependencies and their implication for sensor opportunities are brought out clearly and objectively. Multiple technologies are being developed by different vendors for solving a common problem. This report attempts to disseminate some of those technologies and their solutions, and how they are aiding to build a smarter grid.

EXCITING DEVELOPMENTS, PRODUCTS & PLAYERS

    --  Elster Solutions
    --  Schneider Electric
    --  Landis+Gyr (part of Toshiba)
    --  ABB
    --  Alstom
    --  GE's Digital Energy
    --  Toshiba
    --  Silver Spring Networks
    --  Cisco
    --  Google
    --  FreeWave Technologies
    --  IUS Technologies

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The main objective of this report is to thoroughly study and identify sensor opportunities in each domain of smart grid functionality. The requirements of sensing technologies are analyzed and quantified for business opportunities in detail. This report also discusses the product and technology opportunities for sensors, categorized by the function they serve. The report also extensively covers the activities and strategies of major players, including those playing a disruptive role in shaping the sensors and smart grid industries.

Market Trends:

    --  Smart metering will be a requisite for capturing consumer data
    --  On-grid distributed generation will gain pace
    --  Increase demand for grid safety and security

Opportunities in this Industry:

    --  Smart metering & meter data analytics
    --  Grid management
    --  Outage management system, feeder & substation automation, load balancing
        and advanced SCADA will gain momentum
    --  Renewable energy integration at distribution and sub-transmission
        voltage levels
    --  Wide area management system with synchrophasors
    --  Demand response, renewable energy grid integration, home area network,
        energy management systems--the best days for these applications are yet
        to come

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Table of Contents

Chapter One Introduction
1.1 Background to this Report
1.2 Objectives and Scope of the Report
1.3 Methodology of this Report
1.4 Plan of this Report

Chapter Two: Applications for Sensors in the Smart Grid
2.1 Current and Future Roles for Sensors in SCADA Networks
2.2 Sensors in the Advanced Metering Infrastructure
2.2.1 Impact of the IoT
2.3 Sensors Requirements for Grid Management
2.3.1 Outage Management System
2.3.2 Peak Load Management
2.3.3 Demand Response
2.3.4 Power Quality Management
2.3.5 Phasor Measurement Units
2.3.6 Other Grid Management Applications
2.4 Sensors in Energy Storage
2.4.1 Electric Vehicles and Charging Infrastructure: Sensor Requirements
2.4.2 Energy Storage, Sensors and Capacity Firming
2.5 Generation-Related Applications for Grid Sensors
2.5.1 Sensor Requirements for Renewable Energy Integration
2.5.2 Sensors and Supply Response from Generation side
2.5.3 Other Facilities Automation Applications for Sensor Management
2.6 Sensor Requirements for Microgrids
2.7 Key Points from this Chapter

Chapter 3: Products and Technology Opportunities for Sensors in Realizing the Smart Grid
3.1 Sensors for Grid Maintenance: Voltage, Current, Capacitance, Inductance and Phase Measurement
3.2 Time Synchronization Sensors
3.3 Chemical/Gas Sensors in the Smart Grid
3.3.1 Humidity and Moisture Sensors
3.3.2 Air Quality Sensors
3.3.3 Chemical/Gas Sensors for Safety
3.4 Temperature Sensing and Monitoring in the Smart Grid
3.5 Sensors for Energy Conservation Sensors
3.6 Equipment Monitoring Units (EMUs)
3.7 Key Points from this Chapter

Chapter Four: Eight-Year Forecasts of Smart Grid Sensors
4.1 Forecasting Methodology
4.1.1 Data Sources
4.1.3 General Economic Assumptions
4.1.4 Forecasting Approach
4.1.5 Alternative Scenarios
4.2 Eight-Year Forecasts of Smart Grid Sensors
4.2.1 Sensors in SCADA Networks by Type of Sensor
4.2.2 Sensors in the Advanced Metering Infrastructure by Type of Sensor
4.2.3 Sensors in Grid Management by Type of Application and Type of Sensor
4.2.4 Sensors for Energy Storage by Type of Application and Type of Sensor
4.2.5 Sensors for Renewable Energy Generation by Type of Sensor
4.2.6 Other Grid-Related Sensor Applications at Generators
4.2.7 Sensors for Microgrids
4.3 Summary of Eight-Year Grid Sensor Forecasts by Application
4.4 Summary of Eight-Year Grid Sensor Forecasts by Sensor Type
4.5 Summary of Eight-Year Grid Sensor Forecast by Country/Geographic Region

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