Smart
grid is a modern concept encompassing integration of electricity grid
with renewable and non-renewable energy resource, automated control
and communication networks. Smart grid aim to improve the efficiency,
safety and reliability of the electrical grid. Communication is vital
in smart grid infrastructure as most of the operations in smart grid
are carried out in real time. Communication nodes in smart grids are
the redistribution points for communication within the smart grid
network. Smart grid communications systems are directly dependent on
smart grid networks. For the development of better smart grid
infrastructures, a strongand robust communication system is needed.
The type and technology for smart grid communication needs to be
carefully studied for optimal performance output. Primarily,
communication in terms of data, numbers and voice takes place in a
smart grid. Communication nodes are installed in smart home
appliances, sensors, smart meters, and utility data centers.
In-depth
research report on Smart Grid Communication Node Market with
Full TOC at :
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The
adoption of smart grid communication nodes is increasing rapidly
worldwide.The market for smart grid communication nodes has expanded
colossally since its inception. North America and Europe have matured
smart grid communication nodes markets. Asia Pacific has a huge
potential market for smart grid communication nodes and is growing
significantly.
The
global smart grid communication nodes market is commonly segmented on
the basis of technology and geography. There are primarily two main
modes of smart grid communication nodes including wireless and wired
(fixed) communication nodes. Wireless communication nodes are more
practical and feasible over wired communication nodes. Wired
communication nodes needs more infrastructure and thus cover a
smaller area as compared to wireless communication nodes. Europe and
North America are the matured markets of the smart grid communication
nodes. Countries such as the U.S, U.K, Germany and France have the
major chunk of the global market share. Asia Pacific is likely to
pose one of the lucrative markets for smart grid communication nodes.
Japan, South Korea and China are some of the major players in Asia
Pacific. Countries such as China and India are likely to witness
substantial demand in the foreseeable years and are expanding
constantly.
The
rising demand for uninterrupted power supply and streamlining
communications between power suppliers and consumers have equally
bolstered the demand for smart grid communication nodes.Smart grid
communication nodes assist in the reduction of technical and
commercial losses. They also abet in the real-time monitoring of
systems and communicating the feedback. All these factors have
attributed to the overall demand of the smart grid communication
nodes market. Operational errors are also reduced due to the usage of
communication nodes.
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However,
high installation costs could impede the growth of smart grid
communication nodes market. New technological advancements such as RF
mesh, point-to-multipoint,Worldwide Interoperability for Microwave
Access (WiMAX), and LTE will further boost the smart grid
communication nodes market. Long term profits will also bring new
opportunities to the smart grid communication nodes market.
Some
of the key players in the global smart fault detection system for
electricity transmission market include ABB Ltd.,ETap Inc., Metrycom
Communication Ltd., Osisoft LLC, Southern States LLC, Sensus, Viola
Systems, Tropos Networks Inc. and Trilliant Inc.
This
research report analyzes this market on the basis of its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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This
report is a complete study of current trends in the market, industry
growth drivers, and restraints. It provides market projections for
the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players
and new entrants along with detailed value chain analysis.
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