Smart Grid Home Area Network (HAN) Market Drivers, Emerging Trends and Growth Prospect 2017-2022 “The integration of various technologies into the power grid and increasing installation of smart meters are the factors boosting the growth of global smart grid home area network market. The technology delivers highlevel security coupled with information storage which is projected to have a positive impact on the market growth.�
Global Smart grid home area network market is expected to witness a significant growth over the forecast period owing to the growing deployment of smart grid. The integration of various technologies into the power grid and increasing installation of smart meters are the factors boosting the growth of global smart grid home area network market. The technology delivers high-level security coupled with information storage which is projected to have a positive impact on the market growth. Furthermore, reduction in carbon emission along with decreased operational errors is another factor propelling the growth of smart grid HAN market. The continuous technological advancements in the communication technologies along with long term profits is estimated to witness robust growth over the decade. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/smart-grid-home-area-network-han-market The increasing use of N-PLC (number of power line cycles) in areas such as electric vehicles, advanced metering, and renewable energy aids in the growth of this industry. N-PLC means how long an input signal is integrated to obtain a single measurement. However, the rising cyber threats could be a major challenge for the market. The key emerging trend in this market is the increasing adoption of standards that define the use of technologies and the parameters with