Smart grid managed services refer to the synchronization of different smart grid software and related hardware technologies. They also include operational services such as deployment of AMIs and smart meters, and integration of renewable energy with the smart grids.
The DMS market segment to account for almost 40% of the total market share. A DMS integrates all the systems of the grid and acts as a decision support system. Its ability to take corrective measures, finds faults, and provide useful information to the operator to manage the grid more efficiently will lead to its augmented adoption during the forecast period. Furthermore, with the increasing focus on renewable energy installations and demand-response programs, the demand for DMS will witness a stark increase.
The global smart grid managed services market is dominated by the Americas, which accounts for about two-thirds of the overall market share. Adoption of smart meters and the upgradation of older systems are a couple of reasons behind the growth and domination of this region. Smart grids help providers to manage power demands during peak and non-peak hours and also helps them to improve the operational efficiency. Setting up smart grids also helps to cut down on carbon emissions.
In 2018, the global Smart Grid Managed Services market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Smart Grid Managed Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Smart Grid Managed Services development in United States, Europe and China.
The key players covered in this study
GE-Alstom
IBM Corp
Siemens Corp
Ericsson
Itron
Lockheed Martin
Alcatel-Lucent
Accenture Plc
Capgemini SA
AT&T
EnerNOC
Infosys
Wipro
FirstCarbon Solutions
HCL Technologies
Tendril Networks
Trilliant Energy Services
Market segment by Type, the product can be split into
Energy Management Systems (EMS)
Distribution Management Systems (DMS)
Data Analytics
Other
Market segment by Application, split into
Power Utilities
Independent Power Producers (IPPs)
Other
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Smart Grid Managed Services status, future forecast, growth opportunity, key market and key players.
To present the Smart Grid Managed Services development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Smart Grid Managed Services are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Smart Grid Managed Services. Industry analysis & Market Report on Smart Grid Managed Services is a syndicated market report, published as Global Smart Grid Managed Services Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Smart Grid Managed Services market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.