Smart Grid T&D Equipment Market Industry Growth 2019

Smart Grid T&D Equipment Market Industry Growth 2019

Published on: 29 August 2019

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Report Description • Smart T&D equipment transfers electricity from the transmission system to the consumer delivery point. Such equipment improves the overall efficiency of the smart grid, minimizes technical losses, improves O&M, and improves the longevity of the T&D equipment, deferring the investment and allowing grid operators to monitor and control the functions of the grid from a remote location. Smart T&D equipment includes reclosers, fault current indicators, automated switches, Volt-VAR control equipment, synchrophasor, and HVDC, among others.

• The global smart grid transmission and distribution (T&D) equipment market to grow at a CAGR of more than 13.5% over the forecast period.

• One of the primary factors driving the growth of this market is the rapid modernization of grid. An aging power infrastructure, need for mitigation of cybersecurity risk, and the addition of new resources to the grid have resulted in the electricity and power sector to find ways to make the grid more reliable and flexible to suit the rapid changes in the supply and demand.

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Smart Grid T&D Equipment

 Segmentation by product type:

 Segmentation by application:

• Transmission Equipment

• Power Station • Transformer Substation • Other

• Distribution Equipment

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Table of Contents 1.1 Research Scope 1.2 Major Manufacturers Covered in This Report 1.3 Market Segment by Type 1.3.1 Global Smart Grid T&D Equipment Market Size Growth Rate by Type (2019-2025) 1.3.2 Transmission Equipment 1.3.3 Distribution Equipment 1.4 Market Segment by Application 1.4.1 Global Smart Grid T&D Equipment Market Share by Application (2019-2025) 1.4.2 Power Station 1.4.3 Transformer Substation ŠAll Rights Reserved, 24 Market Reports

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Full Report Url: https://www.24marketreports.com/manufacturing-and-construction/glo bal-europe-china-united-states-smart-grid-td-equipment-2019-2025-3 ŠAll Rights Reserved, 24 Market Reports