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Smart Power Distribution Systems Market: Grid Infrastructure Advancements to Fuel Demand for Smart Power Distribution Systems

Press release Description

Albany, New York, July 2, 2018: Growing advancements in grid infrastructure and increasing demand for renewable energy source integration coupled with enhanced grid reliability and effective outage response continue to influence the demand for smart power distribution systems at a global scale. Moreover, adoption and demand for smart power distribution systems is also impacted by rising need of CapEx (Capital Expenditure) savings along with operational expenditure (OpEx) savings. Several such insights have been covered in a new research report titled “Smart Power Distribution Systems Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” which has been added to the research library of Market Research Report Search Engine (MRRSE).

Against the backdrop of technological advancements in grid infrastructure, the market for smart power distribution systems is also witnessed to grow with growing demands from consumers for high-speed data networks that, facilitate reliable mobility and connectivity. In addition, several advancements in networking space along with several advantages offered by automation are expected to support the growth of smart power distribution systems market during the period of forecast, 2018-2026.

Smart Power Distribution Systems Market: Summary

The smart power distribution systems market research report includes analysis on various technologies and trends that have a major role in fuelling the growth of the smart power distribution systems market during the period of assessment. It also includes assessment on various restraints, drivers and opportunities that are expected to influence the growth of the smart power distribution systems market.

With a holistic approach, the study on smart power distribution systems offers intelligence on various market facets across key regions in the globe. Market estimations are presented in US$ Mn for all assessments. The growth of the smart power distribution systems market is represented in terms of CAGR during the forecast period, which reflects the pace of the smart power distribution systems market apropos of demand and adoption. Moreover, the report on smart power distribution systems includes a detailed value chain analysis that offers an extensive view of smart power distribution systems across a plethora of facts and macros. In addition, Porter’s Five Forces model has been used to fathom the competitive nature of the smart power distribution systems market. The report encompasses analysis on market attractiveness of every segment and assessed region in the smart power distribution systems market that provides detailed scrutiny on every revenue pockets in the globe.

Smart Power Distribution Systems Market: Segmentation

The market for smart power distribution systems has been segmented in detail to ensure inclusion of every vital facet of the market influencing its growth during the assessment period. The smart power distribution systems market has been segmented on the basis of component, application and geography. In the component category, the smart power distribution systems market is further segmented into software (advanced metering infrastructure, smart grid distribution and management, smart grid communication, billing information system, substation automation and others), hardware (sensors, Programmable Logic Controller, AMI meters, protection and control relays and others), and service (deployment and integration, maintenance and consultant). The application category is further categorized into industrial, residential, and commercial. By geography, it is segmented into North America (US and Canada), Europe (Germany, UK, France and rest of Europe), Asia Pacific (China, Japan, India and rest of Asia Pacific), Middle East and Africa (GCC, South Africa and rest of Middle East and Africa) and South America (Brazil and rest of South America).

The report on smart power distribution systems also covers intelligence on key market players including General Electric Company, Cisco Systems Inc., ABB Ltd., Schneider Electric SE, Siemens AG, Landis+Gyr AG, Oracle Corporation, Itron Inc., Eaton Corporation, and Aclara Technologies LLC, to name a few.

Browse Full Global Smart Power Distribution Systems Market Report with TOC : https://www.mrrse.com/smart-power-distribution-systems-market

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