Global Impact of Covid-19: Smart Grid Market Size Study, Share, Growth Forecast to 2025


Posted April 27, 2020 by Vidhyanigam98

Smart Grid is transition of existing electricity grid to more intelligent that allows two-way communication in
 
Bharat Book Bureau Provides the Treding Market Research Report on "Impact of Covid-19: Evaluating Existing and Upcoming Smart Grid Opportunities" under Heavy Industry Category. The report offers a collection of superior market researach, market analysis, competitive intelligence and Market reports.

Smart Grid is transition of existing electricity grid to more intelligent that allows two-way communication between Utilities and the consumers on a real-time basis. Smart grid uses different digital technologies which comprises of communications technologies, information system, and automation systems to adjust the changes in demand and supply of electricity.

As Electricity Grid is ageing and the current transmission & distribution network is inefficient and unreliable causing outages over an extended period. This creates an opportunity for telecom companies, network providers, system integrators, and OEMs to supply high quality and cost-effective, responsive solutions thereby making existing grid as Smart Grid.

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Different Utilities of the world are investing based on the health of their infrastructure; some are replacing old ones with new while some are integrating the smart solutions to existing ones. China plans to invest USD 6 trillion in infrastructure as part of development plan while UK is expected to invest USD 375 billion, and Brazil had planned to invest USD 500 Bn in next five years.

The value chain of Smart Grid consists Generation, Transmission, Distribution, End-users, EPC companies, hardware providers, and software & services companies, Integrators etc. With Covid-19 impacting different economies as well as industries will definitely have larger impact on investments in Smart Grid also.

This report will also give you insight about the impact of Covid across value chain of Smart Grid which will have impact on the market size of Smart Grid.

This study will provide an insight about market size across leading (top 3 to 5) countries of various regions
like North America, Europe, South America, Middles-east & Africa, Asia Pacific and at global level. The report will help in identifying the market opportunities for hardware providers, and software & services companies, Integrators in Smart grid space. The report will also help in identifying the market potential for Smart Grid while deployment across generation, transmission & distribution.

Key queries addressed in this report
• What was the size of the market for Smart Grid in across different regions in 2019?
• What is the forecast for the hardware components of Smart Grid markets from 2020 to 2025?
• What are the different regional investments in Smart grid?
• What will be the impact of Covid-19 on Smart Grid in North America?

Companies who will be interested in buying this report
• Vendors, distributors and system integrators for Smart Grid solutions
• Smart grid hardware product component suppliers and end-users

• Smart Grid Solution providers like
– ABB
– GE
– Siemens
– Schneider Electric
– Cisco Systems Inc
– Itron Inc
– Honeywell International Inc
– Wipro Ltd
– IBM
– Oracle
– Tech Mahindra

• Financial Institutions
• FIIs
• Other Lending Bodies
• Banks
• Government Institutions
• Vendors
• Consultants

Browse our full report with Table of content:
https://www.bharatbook.com/marketreports/impact-of-covid-19-evaluating-existing-and-upcoming-smart-grid-opportunities/2051158

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Tags impact of covid-19: smart grid market , impact of covid-19: smart grid market report , impact of covid-19: smart grid market research report
Last Updated April 27, 2020