Smart Grid Sensors Market
Smart Grid Sensors Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Smart Grid Sensors Market Size and Growth
The Smart Grid Sensors market is projected to experience significant growth due to increasing demand for efficient energy management solutions. The global market size is estimated to reach $2.5 billion by 2025, driven by advancements in IoT technology and government initiatives for grid modernization. Key players include ABB, Siemens, and Schneider Electric.
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Companies Covered (Covid 19 Impact Covered)
◍ Tollgrade
◍ Coope (Eaton)
◍ Sentient
◍ QinetiQ
◍ ABB
◍ GE
◍ Arteche
◍ Landis+Gyr
◍ 3M
The competitive landscape of Smart Grid Sensors Market includes companies like Tollgrade, Coope (Eaton), Sentient, QinetiQ, ABB, GE, Arteche, Landis+Gyr, and 3M. These companies use smart grid sensors to enhance grid monitoring, improve outage management, and optimize grid efficiency. Sales revenue figures: ABB ($33.6 billion), GE ($121.6 billion), Landis+Gyr ($1.8 billion).
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Market Segmentation
By Application
◍ Infrastructure
◍ Demand Response
◍ Data Collection and Control
By Product
◍ Cellular Sensors
◍ Wi-Fi Sensors
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Market Growth
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$ 2.60 Billion
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