Market Overview:
The global grid sensors market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy efficiency and the need for real-time data collection and control. The general sensors segment is expected to hold the largest share of the global grid sensors market in 2018, while cellular sensors are projected to grow at the highest CAGR during the forecast period. By application, infrastructure is estimated to account for the largest share ofthe global grid sensors market in 2018, followed by demand response and data collection and control.
Product Definition:
Grid sensors are used in smart grids to detect and monitor the state of the grid. They allow operators to identify faults and disturbances, and respond quickly to prevent blackouts or power outages.
General Sensors:
General sensors are used in various applications such as temperature, pressure, level and flow. They are also known as non-invasive or passive sensors. These devices do not require an external power source for operation; instead they rely on the physical properties of their environment to generate electrical signals.
Cellular Sensors:
Cellular sensors are used in smart grid for measuring voltage, current and temperature. It is also used to monitor the power flow between different sectors of a power grid. The main function of cellular sensors is to measure the real-time electric field strength that varies with time and position.
Application Insights:
The infrastructure application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing number of smart cities projects across the globe. These projects involve extensive use of IoT devices for various applications, including energy management, water distribution and supply, traffic management, temperature monitoring among others. Thus, global grid sensors market by infrastructure is expected to witness significant growth over the forecast period.
Demand response application segment was valued at USD 1.5 billion in 2017 owing to its growing usage for power purchase agreements (PPA) contracts between utilities.
Regional Analysis:
The North American regional market accounted for the largest revenue share in 2017. The growth can be attributed to the presence of prominent players, such as Honeywell International Inc.; Emerson Electric Co.; and General Electric. These companies are actively involved in R&D activities to develop advanced sensors that can detect changes in environmental conditions, such as temperature and humidity, which is expected to drive industry growth over the forecast period.
Asia Pacific is projected to register significant growth over the forecast period owing to rising government initiatives for smart cities development across countries like China and India. For instance, In June 2018, The Indian Ministry of Urban Development announced a USD X trillion investment plan for developing 100 smart cities by 2020 with integrated infrastructure systems and advanced technologies including IoT-based services. Such developments are anticipated to boost demand across Asia Pacific region during the forecast period from 2018 To 2030 (see Figure 2).
Growth Factors:
- Increasing demand for energy efficient and smart grids
- Rapid urbanization and industrialization in developing countries
- Rising concerns over grid security and reliability
- Proliferation of renewable energy sources
- Technological advancements in grid sensors
Scope Of The Report
Report Attributes
Report Details
Report Title
Grid Sensors Market Research Report
By Type
General Sensors, Cellular Sensors, Wi-Fi Sensors
By Application
Infrastructure, Demand Response, Data Collection and Control
By Companies
Tollgrade, Coope(Eaton), Sentient, QinetiQ, ABB, GE, Arteche, Landis+Gyr, 3M, Tollgrade
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Grid Sensors Market Report Segments:
The global Grid Sensors market is segmented on the basis of:
Types
General Sensors, Cellular Sensors, Wi-Fi Sensors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Infrastructure, Demand Response, Data Collection and Control
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Tollgrade
- Coope(Eaton)
- Sentient
- QinetiQ
- ABB
- GE
- Arteche
- Landis+Gyr
- 3M
- Tollgrade
Highlights of The Grid Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- General Sensors
- Cellular Sensors
- Wi-Fi Sensors
- By Application:
- Infrastructure
- Demand Response
- Data Collection and Control
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Grid Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Grid sensors are a type of sensor that can be placed on a grid to detect movement or changes in the grid. Grid sensors can be used for security, monitoring, and tracking purposes.
Some of the major companies in the grid sensors market are Tollgrade, Coope(Eaton), Sentient, QinetiQ, ABB, GE, Arteche, Landis+Gyr, 3M, Tollgrade.
The grid sensors market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Grid Sensors Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Grid Sensors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Grid Sensors Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Grid Sensors Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Grid Sensors Market Size & Forecast, 2018-2028 4.5.1 Grid Sensors Market Size and Y-o-Y Growth 4.5.2 Grid Sensors Market Absolute $ Opportunity
Chapter 5 Global Grid Sensors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Grid Sensors Market Size Forecast by Type
5.2.1 General Sensors
5.2.2 Cellular Sensors
5.2.3 Wi-Fi Sensors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Grid Sensors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Grid Sensors Market Size Forecast by Applications
6.2.1 Infrastructure
6.2.2 Demand Response
6.2.3 Data Collection and Control
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Grid Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Grid Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Grid Sensors Analysis and Forecast
9.1 Introduction
9.2 North America Grid Sensors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Grid Sensors Market Size Forecast by Type
9.6.1 General Sensors
9.6.2 Cellular Sensors
9.6.3 Wi-Fi Sensors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Grid Sensors Market Size Forecast by Applications
9.10.1 Infrastructure
9.10.2 Demand Response
9.10.3 Data Collection and Control
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Grid Sensors Analysis and Forecast
10.1 Introduction
10.2 Europe Grid Sensors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Grid Sensors Market Size Forecast by Type
10.6.1 General Sensors
10.6.2 Cellular Sensors
10.6.3 Wi-Fi Sensors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Grid Sensors Market Size Forecast by Applications
10.10.1 Infrastructure
10.10.2 Demand Response
10.10.3 Data Collection and Control
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Grid Sensors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Grid Sensors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Grid Sensors Market Size Forecast by Type
11.6.1 General Sensors
11.6.2 Cellular Sensors
11.6.3 Wi-Fi Sensors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Grid Sensors Market Size Forecast by Applications
11.10.1 Infrastructure
11.10.2 Demand Response
11.10.3 Data Collection and Control
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Grid Sensors Analysis and Forecast
12.1 Introduction
12.2 Latin America Grid Sensors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Grid Sensors Market Size Forecast by Type
12.6.1 General Sensors
12.6.2 Cellular Sensors
12.6.3 Wi-Fi Sensors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Grid Sensors Market Size Forecast by Applications
12.10.1 Infrastructure
12.10.2 Demand Response
12.10.3 Data Collection and Control
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Grid Sensors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Grid Sensors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Grid Sensors Market Size Forecast by Type
13.6.1 General Sensors
13.6.2 Cellular Sensors
13.6.3 Wi-Fi Sensors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Grid Sensors Market Size Forecast by Applications
13.10.1 Infrastructure
13.10.2 Demand Response
13.10.3 Data Collection and Control
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Grid Sensors Market: Competitive Dashboard
14.2 Global Grid Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tollgrade
14.3.2 Coope(Eaton)
14.3.3 Sentient
14.3.4 QinetiQ
14.3.5 ABB
14.3.6 GE
14.3.7 Arteche
14.3.8 Landis+Gyr
14.3.9 3M
14.3.10 Tollgrade