Smart Grid Sensors Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Sensor Type (Voltage and Current Sensor, Temperature Sensor, and Others), Voltage Range (Low to Medium Voltage and High Voltage), and Application (Substation Automation, Advanced Metering Infrastructure, Smart Grid Distribution Network, and Others)
The smart grid sensors market was valued US$ 325.00 million in 2019 and is expected to reach US$ 1,221.61 million by 2027; it is estimated to grow at a CAGR of 18.3% during 2020–2027.
Smart grid sensors play an important role in real-time monitoring and control of distribution systems and power transmission, along with maintaining grid stability. Adoption of smart grid sensors is at a peak in North America owing to the growing number of energy & power projects. For instance, Central Virginia Transmission Reliability Project, the US; Birtle Transmission Project, Canada; New England Clean Energy Connect (NECEC), the US; and Gates 500 kV Dynamic Reactive Power Support Project, the USare among the electric power transmission projects in North America, propelling the demand for smart grid sensors.
In Europe, factors such as increasing power outages and high costs associated with it, and significant investments in electric vehicles (EVs)infrastructure and plug-in hybrid electric vehicles accelerate the adoption of smart grids. Also, these factorscreate a need for smart grid sensors to monitor the grid and aid utilities to achieve valuable data on the functioning of grids.
APAC is anticipated to be the fastest-growing region with an impressive CAGR of 20.6% during 2020–2027 owing to the presence of various developing economies, such as China, India, and several southeast countries, as well as developed economies, such as Japan and South Korea. In developing countries, such as China and India, commercial and industrial sectors are flourishing at an impressive pace, which in turn, offerslucrativegrowth opportunities for smart grid sensors market players in APAC. The rising investments in the smart grid market, growing power generation capacity, and increasinginvestments in various energy & power projects increase the penetration of smart grid sensorsin APAC. The smart grid sensors market in other developing regions, such as the Middle East, Africa, and South America, is also expected to grow steadily due to increasing investments in infrastructure developments, energy & power, and commercial industries projects during the forecast period.
During 2020–2027, the growth of the smart grid sensors market in all the major geographic regions is estimated to be quite positive. However, due to the COVID-19 pandemic, all the major countries in North America, APAC, and Europe have imposed strict restrictions on business activities and the movement of people and goods. All these factors are affecting both supply and demand of smart grid sensors, which in turn, negatively impacting the growth rate of the global smart grid sensors market in 2020, and it is likely to continue in 2021 also. However, it is expected that the market growth will stabilize from 2022 onwards.
Impact of COVID-19 Pandemic on Smart Grid Sensors Market
As per the latest figures from the WHO,onSeptember25, 2020, there were32,029,704 confirmed COVID-19 cases with 979,212 total deaths across the world, and the number is growing at varying rates in variouscountries. The COVID-19 crisis is affecting the industries worldwide, and the global economy is witnessingtheworst hit in 2020, and it is likely to continue in 2021 also.The factory shutdowns, travel bans, trade bans, and border lockdowns to combat and contain the outbreak have impacted the smart grid sensors market.Also, the global energy & power industry is one of the major industries that aresuffering serious disruptions due to the crisis, which in turn, impacts the growth of the global smart grid sensors market.
Lucrative Regional Smart Grid Sensors Market
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Market Insights–Smart Grid Sensors Market
Developments in Energy & Power Industry
The smart grid has become the biggest technological revolution in the past years. Compared withthe conventional grid, the smart grid is an automated, highly integrated, technology-driven, and modernized grid due to the usage of such power electronics. The smart grid is expected to play a major role in transforming the electrical networks, along with power system operation during the forecast period. Smart grids facilitate the quicker restoration of electricity after power disturbances and help reduce management and operational costs of utilities; these benefits ultimately reducepower costs for consumers. Moreover, continuousadvancements in the technological landscape ofthe energy sectorare likely to drive the growth of themarket during the forecast period. The US electrical system announced its "Grid 2030" vision in collaboration with the electric utility industry, equipment suppliers, IT operators, federal and state governments, advocacy organizations, colleges, and national laboratories. This vision encompasses various aspects, such as generation, transmission, delivery, storage, and final use, related to the power sector. The vision alsodescribes the fundamental problems and obstacles in grid modernization, followed by making recommendations for policymakers and industries to assist them in the development of the electric distribution infrastructure in the future.
Through the implementation of smart grid, monitoring, control, and real-time measurement of generation, transmission, and distribution of electrical energy have become possible. Hence, the reliability of the electric supply is improved. A smart grid can reduce carbon footprints byintegrating renewable energy sources, energy storage, and plug-in hybrid electric vehicles with the main grid. Thus, the implementation of smart grids is resulting in the increasing use of smart grid sensors, which in turn, propels the growth of the global market.
Sensor Type -BasedInsights
Based on sensor type, the smart grid sensorsmarket is further segmented into voltage and current sensor, temperature sensor,and others. Various types of sensors can be installed on each device inthe network to collect and transmit data.
Smart Grid SensorsMarket, by Sensor Type– 2019 and 2027
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Note: The inner circle represents market shares for 2019, and the outer circle represents market shares for 2027.
Source: The Insight Partners Analysis, Primary Interviews, Magazines and Journals, and Secondary Sources
Voltage Range-BasedInsights
Based on voltage range, the smart grid sensorsmarket is further bifurcated into low to medium voltage and high voltage. In 2019, low to medium voltage segment led the market. Low to medium voltagegrid include less than 150 kV. The continuous growth of the electrical energy generated by the small and distributed generation plants from renewable sources is directly connected to the low to medium voltage distribution grid, which needs reliable and continuous network management.
Application-Based Insights
Based on application, the smart grid sensorsmarket is further segmented into substation automation, advanced metering infrastructure, smart grid distribution network, and others. In 2019, substation automation segment led the market. The substation automation in the smart grid helps reduce operational expenses by converging multiple control and monitoring systems into a single IP network and ensure higher priority for grid operational and management traffic.
Strategic Insights
Market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.
- In 2020, Kamstrup partnered with Avance Metering. The partnership helped mutual clients to put valuable data from Kamstrup metering solutions into business use. With this partnership, customers can handletheir data for strategic purposes, such as enabling an easy transition from old to new intelligent metering generations.
- In 2020, Landis+Gyr introduced the Revelo. This metering platform built on Landis+Gyr’s deep metering experience that spans residential, commercial and grid sensing, taking full advantage of the strength and success of these technologies.
Smart Grid Sensors Market – by Sensor Type
- Voltage and Current Sensor
- Temperature Sensor
- Others
Smart Grid Sensors Market – by Voltage Range
- Low to Medium Voltage
- High Voltage
Smart Grid Sensors Market – by Application
- Substation Automation
- Advanced Metering Infrastructure
- Smart Grid Distribution Network
- Others
Smart Grid Sensors Market – by Region
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
- South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Smart Grid Sensors Market –Companies Profiles
- ABB Ltd
- Aclara Technologies LLC
- Eaton Corporation plc
- Itron Inc.
- Kamstrup
- LANDIS+GYR
- Schneider Electric
- Sentient Energy, Inc.
- Siemens AG
- Tollgrade Communication Inc.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Smart Grid Sensors Market – By Sensor Type
1.3.2 Smart Grid Sensors Market – By Voltage Range
1.3.3 Smart Grid Sensors Market – By Application
1.3.4 Smart Grid Sensors Market- By Region
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Smart Grid Sensors Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 Middle East & Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Smart Grid Sensors Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Growing Advancements in Energy & Power Sector
5.2 Market Restraints
5.2.1 Security Issues and Other Roadblocks
5.3 Market Opportunities
5.3.1 Growing Inclination Toward EVs leading to Infrastructural Developments
5.4 Future Trends
5.4.1 Integration of technologies including AI and IoT
5.5 Impact Analysis Of Drivers And Restraints
6. Smart Grid Sensors – Global Market Analysis
6.1 Smart Grid Sensors Global Overview
6.2 Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Global Market Players Ranking
7. Smart Grid Sensors Market Analysis – By Sensor Type
7.1 Overview
7.2 Smart Grid Sensors Market Breakdown, by Sensor Type, 2019 & 2027
7.3 Voltage and Current Sensor
7.3.1 Overview
7.3.2 Voltage and Current Sensor: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Temperature Sensor
7.4.1 Overview
7.4.2 Temperature Sensor: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
8. Smart Grid Sensors Market Analysis – By Voltage Range
8.1 Overview
8.2 Smart Grid Sensors Market Breakdown, by Voltage Range, 2019 & 2027
8.3 Low to Medium Voltage
8.3.1 Overview
8.3.2 Low to Medium Voltage: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
8.4 High Voltage
8.4.1 Overview
8.4.2 High Voltage: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
9. Smart Grid Sensors Market Analysis – By Application
9.1 Overview
9.2 Smart Grid Sensors Market Breakdown, by Application, 2019 & 2027
9.3 Substation Automation
9.3.1 Overview
9.3.2 Substation Automation: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Advanced Metering Infrastructure
9.4.1 Overview
9.4.2 Advanced Metering Infrastructure: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
9.5 Smart Grid Distribution Network
9.5.1 Overview
9.5.2 Smart Grid Distribution Network: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
10. Smart Grid Sensors Market – Geographic Analysis
10.1 Overview
10.2 North America: Smart Grid Sensors Market
10.2.1 North America: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.2.2 North America: Smart Grid Sensors Market, by Sensor Type
10.2.3 North America: Smart Grid Sensors Market, by Voltage Range
10.2.4 North America: Smart Grid Sensors Market, by Application
10.2.5 North America: Smart Grid Sensors Market, by Key Country
10.2.5.1 US: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: Smart Grid Sensors Market, by Sensor Type
10.2.5.1.2 US: Smart Grid Sensors Market, by Voltage Range
10.2.5.1.3 US: Smart Grid Sensors Market, by Application
10.2.5.2 Canada: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: Smart Grid Sensors Market, by Sensor Type
10.2.5.2.2 Canada: Smart Grid Sensors Market, by Voltage Range
10.2.5.2.3 Canada: Smart Grid Sensors Market, by Application
10.2.5.3 Mexico: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: Smart Grid Sensors Market, by Sensor Type
10.2.5.3.2 Mexico: Smart Grid Sensors Market, by Voltage Range
10.2.5.3.3 Mexico: Smart Grid Sensors Market, by Application
10.3 Europe: Smart Grid Sensors Market
10.3.1 Europe: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.2 Europe: Smart Grid Sensors Market, by Sensor Type
10.3.3 Europe: Smart Grid Sensors Market, by Voltage Range
10.3.4 Europe: Smart Grid Sensors Market, by Application
10.3.5 Europe: Smart Grid Sensors Market, by Key Country
10.3.5.1 UK: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.1.1 UK: Smart Grid Sensors Market, by Sensor Type
10.3.5.1.2 UK: Smart Grid Sensors Market, by Voltage Range
10.3.5.1.3 UK: Smart Grid Sensors Market, by Application
10.3.5.2 Germany: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.2.1 Germany: Smart Grid Sensors Market, by Sensor Type
10.3.5.2.2 Germany: Smart Grid Sensors Market, by Voltage Range
10.3.5.2.3 Germany: Smart Grid Sensors Market, by Application
10.3.5.3 France: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.3.1 France: Smart Grid Sensors Market, by Sensor Type
10.3.5.3.2 France: Smart Grid Sensors Market, by Voltage Range
10.3.5.3.3 France: Smart Grid Sensors Market, by Application
10.3.5.4 Italy: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.4.1 Italy: Smart Grid Sensors Market, by Sensor Type
10.3.5.4.2 Italy: Smart Grid Sensors Market, by Voltage Range
10.3.5.4.3 Italy: Smart Grid Sensors Market, by Application
10.3.5.5 Russia: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.5.1 Russia: Smart Grid Sensors Market, by Sensor Type
10.3.5.5.2 Russia: Smart Grid Sensors Market, by Voltage Range
10.3.5.5.3 Russia: Smart Grid Sensors Market, by Application
10.3.5.6 Rest of Europe: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.3.5.6.1 Rest of Europe: Smart Grid Sensors Market, by Sensor Type
10.3.5.6.2 Rest of Europe: Smart Grid Sensors Market, by Voltage Range
10.3.5.6.3 Rest of Europe: Smart Grid Sensors Market, by Application
10.4 APAC: Smart Grid Sensors Market
10.4.1 APAC: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.4.2 APAC: Smart Grid Sensors Market, by Sensors Type
10.4.3 APAC: Smart Grid Sensors Market, by Voltage Range
10.4.4 APAC: Smart Grid Sensors Market, by Application
10.4.5 APAC: Smart Grid Sensors Market, by Key Country
10.4.5.1 China: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.4.5.1.1 China: Smart Grid Sensors Market, by Sensor Type
10.4.5.1.2 China: Smart Grid Sensors Market, by Voltage Range
10.4.5.1.3 China: Smart Grid Sensors Market, by Application
10.4.5.2 Japan: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.4.5.2.1 Japan: Smart Grid Sensors Market, by Sensor Type
10.4.5.2.2 Japan: Smart Grid Sensors Market, by Voltage Range
10.4.5.2.3 Japan: Smart Grid Sensors Market, by Application
10.4.5.3 India: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.4.5.3.1 India: Smart Grid Sensors Market, by Sensor Type
10.4.5.3.2 India: Smart Grid Sensors Market, by Voltage Range
10.4.5.3.3 India: Smart Grid Sensors Market, by Application
10.4.5.4 Australia: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.4.5.4.1 Australia: Smart Grid Sensors Market, by Sensor Type
10.4.5.4.2 Australia: Smart Grid Sensors Market, by Voltage Range
10.4.5.4.3 Australia: Smart Grid Sensors Market, by Application
10.4.5.5 South Korea: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.4.5.5.1 South Korea: Smart Grid Sensors Market, by Sensor Type
10.4.5.5.2 South Korea: Smart Grid Sensors Market, by Voltage Range
10.4.5.5.3 South Korea: Smart Grid Sensors Market, by Application
10.4.5.6 Rest of APAC: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.4.5.6.1 Rest of APAC: Smart Grid Sensors Market, by Sensor Type
10.4.5.6.2 Rest of APAC: Smart Grid Sensors Market, by Voltage Range
10.4.5.6.3 Rest of APAC: Smart Grid Sensors Market, by Application
10.5 MEA: Smart Grid Sensors Market
10.5.1 MEA: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.5.2 MEA: Smart Grid Sensors Market, by Sensor Type
10.5.3 MEA: Smart Grid Sensors Market, by Voltage Range
10.5.4 MEA: Smart Grid Sensors Market, by Application
10.5.5 MEA: Smart Grid Sensors Market, by Key Country
10.5.5.1 Saudi Arabia: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.5.5.1.1 Saudi Arabia: Smart Grid Sensors Market, by Sensor Type
10.5.5.1.2 Saudi Arabia: Smart Grid Sensors Market, by Voltage Range
10.5.5.1.3 Saudi Arabia: Smart Grid Sensors Market, by Application
10.5.5.2 UAE: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.5.5.2.1 UAE: Smart Grid Sensors Market, by Sensor Type
10.5.5.2.2 UAE: Smart Grid Sensors Market, by Voltage Range
10.5.5.2.3 UAE: Smart Grid Sensors Market, by Application
10.5.5.3 South Africa: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.5.5.3.1 South Africa: Smart Grid Sensors Market, by Sensor Type
10.5.5.3.2 South Africa: Smart Grid Sensors Market, by Voltage Range
10.5.5.3.3 South Africa: Smart Grid Sensors Market, by Application
10.5.5.4 Rest of MEA: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: Smart Grid Sensors Market, by Sensor Type
10.5.5.4.2 Rest of MEA: Smart Grid Sensors Market, by Voltage Range
10.5.5.4.3 Rest of MEA: Smart Grid Sensors Market, by Application
10.6 SAM: Smart Grid Sensors Market
10.6.1 SAM: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.6.2 SAM: Smart Grid Sensors Market, by Sensor Type
10.6.3 SAM: Smart Grid Sensors Market, by Voltage Range
10.6.4 SAM: Smart Grid Sensors Market, by Application
10.6.5 SAM: Smart Grid Sensors Market, by Key Country
10.6.5.1 Brazil: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: Smart Grid Sensors Market, by Sensor Type
10.6.5.1.2 Brazil: Smart Grid Sensors Market, by Voltage Range
10.6.5.1.3 Brazil: Smart Grid Sensors Market, by Application
10.6.5.2 Argentina: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: Smart Grid Sensors Market, by Sensor Type
10.6.5.2.2 Argentina: Smart Grid Sensors Market, by Voltage Range
10.6.5.2.3 Argentina: Smart Grid Sensors Market, by Application
10.6.5.3 Rest of SAM: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of SAM: Smart Grid Sensors Market, by Sensor Type
10.6.5.3.2 Rest of SAM: Smart Grid Sensors Market, by Voltage Range
10.6.5.3.3 Rest of SAM: Smart Grid Sensors Market, by Application
11. Impact of COVID-19 Pandemic on Smart Grid Sensors Market
11.1 Overview
11.2 North America
11.3 Europe
11.4 Asia-Pacific
11.5 Middle East and Africa
11.6 South America
12. Industry Landscape
12.1 Market Initiative
12.2 Merger and Acquisition
12.3 New Development
13. Company Profiles
13.1 Aclara Technologies LLC.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Sentient Energy, Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 ABB Ltd.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Itron Inc
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Kamstrup
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Schneider Electric
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Siemens AG
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Landis+Gyr
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Tollgrade Communication Inc (Enghouse Systems)
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Eaton Corporation plc
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Table 2. North America: Smart Grid Sensors Market, by Smart Grid Sensors – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Smart Grid Sensors Market, by Voltage Range – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Smart Grid Sensors Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 5. US: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 6. US: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 7. US: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 8. Canada: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. Canada: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 11. Mexico: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 12. Mexico: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 13. Mexico: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 14. Europe: Smart Grid Sensors Market, by Sensor Type – Revenue and Forecast to 2027 (US$ Million)
Table 15. Europe: Smart Grid Sensors Market, by Voltage Range – Revenue and Forecast to 2027 (US$ Million)
Table 16. Europe: Smart Grid Sensors Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 17. UK: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 18. UK: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 19. UK: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 20. Germany: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 21. Germany: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 22. Germany: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 23. France: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 24. France: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 25. France: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 26. Italy: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 27. Italy: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 28. Italy: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 29. Russia: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 30. Russia: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 31. Russia: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 32. Rest of Europe: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 33. Rest of Europe: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 34. Rest of Europe: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 35. APAC: Smart Grid Sensors Market, by Sensor Type – Revenue and Forecast to 2027 (US$ Million)
Table 36. APAC: Smart Grid Sensors Market, by Voltage Range – Revenue and Forecast to 2027 (US$ Million)
Table 37. APAC: Smart Grid Sensors Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 38. China: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 39. China: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 40. China: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 41. Japan: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 42. Japan: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 43. Japan: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 44. India: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 45. India: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 46. India: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 47. Australia: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 48. Australia: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 49. Australia: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 50. South Korea: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 51. South Korea: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 52. South Korea: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 53. Rest of APAC: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 54. Rest of APAC: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 55. Rest of APAC: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 56. MEA: Smart Grid Sensors Market, by Sensor Type – Revenue and Forecast to 2027 (US$ Million)
Table 57. MEA: Smart Grid Sensors Market, by Voltage Range – Revenue and Forecast to 2027 (US$ Million)
Table 58. MEA: Smart Grid Sensors Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 59. Saudi Arabia: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 60. Saudi Arabia: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 61. Saudi Arabia: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 62. UAE: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 63. UAE: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 64. UAE: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 65. South Africa: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 66. South Africa: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 67. South Africa: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 68. Rest of MEA: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 69. Rest of MEA: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 70. Rest of MEA: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 71. SAM: Smart Grid Sensors Market, by Sensor Type – Revenue and Forecast to 2027 (US$ Million)
Table 72. SAM: Smart Grid Sensors Market, by Voltage Range – Revenue and Forecast to 2027 (US$ Million)
Table 73. SAM: Smart Grid Sensors Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 74. Brazil: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 75. Brazil: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 76. Brazil: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 77. Argentina: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 78. Argentina: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 79. Argentina: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 80. Rest of SAM: Smart Grid Sensors Market, by Sensor Type –Revenue and Forecast to 2027 (US$ Million)
Table 81. Rest of SAM: Smart Grid Sensors Market, by Voltage Range –Revenue and Forecast to 2027 (US$ Million)
Table 82. Rest of SAM: Smart Grid Sensors Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 83. List of Abbreviation
LIST OF FIGURES
Figure 1. Smart Grid Sensors Market Segmentation
Figure 2. Smart Grid Sensors Market Segmentation – By Geography
Figure 3. Global Smart Grid Sensors Market Overview
Figure 4. Global Smart Grid Sensors Market – Geography
Figure 5. Global Smart Grid Sensors Market – Sensor Type
Figure 6. Global Smart Grid Sensors Market – Voltage Range
Figure 7. Global Smart Grid Sensors Market – Application
Figure 8. North America: PEST Analysis
Figure 9. Europe: PEST Analysis
Figure 10. APAC: PEST Analysis
Figure 11. MEA: PEST Analysis
Figure 12. SAM: PEST Analysis
Figure 13. Smart Grid Sensors Market – Ecosystem Analysis
Figure 14. Smart Grid Sensor Market Impact Analysis of Drivers and Restraints
Figure 15. Geographic Overview of Smart Grid Sensors Market
Figure 16. Global: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Smart Grid Sensors Market Breakdown, by Sensor Type (2019 and 2027)
Figure 18. Voltage and Current Sensor: Smart Grid Sensors Market – Revenue and Forecast To 2027(US$ Million)
Figure 19. Temperature Sensor: Smart Grid Sensors Market – Revenue and Forecast To 2027(US$ Million)
Figure 20. Others: Smart Grid Sensors Market – Revenue and Forecast To 2027(US$ Million)
Figure 21. Smart Grid Sensors Market Breakdown, by Voltage Range (2019 and 2027)
Figure 22. Low to Medium Voltage: Smart Grid Sensors Market – Revenue and Forecast to 2027(US$ Million)
Figure 23. High Voltage: Smart Grid Sensors Market – Revenue and Forecast to 2027(US$ Million)
Figure 24. Smart Grid Sensors Market Breakdown, by Application (2019 and 2027)
Figure 25. Substation Automation: Smart Grid Sensors Market – Revenue and Forecast to 2027(US$ Million)
Figure 26. Advanced Metering Infrastructure: Smart Grid Sensors Market – Revenue and Forecast to 2027(US$ Million)
Figure 27. Smart Grid Distribution Network: Smart Grid Sensors Market – Revenue and Forecast to 2027(US$ Million)
Figure 28. Others: Smart Grid Sensors Market – Revenue and Forecast to 2027(US$ Million)
Figure 29. Global Smart Grid Sensors Market Revenue Share, by Region (2019 and 2027)
Figure 30. North America: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. North America: Smart Grid Sensors Market Revenue Share, by Sensor Type (2019 and 2027)
Figure 32. North America: Smart Grid Sensors Market Revenue Share, by Voltage Range (2019 and 2027)
Figure 33. North America: Smart Grid Sensors Market Revenue Share, by Application (2019 and 2027)
Figure 34. North America: Smart Grid Sensors Market Revenue Share, by Key Country (2019 and 2027)
Figure 35. US: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 36. Canada: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 37. Mexico: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 38. Europe: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39. Europe: Smart Grid Sensors Market Revenue Share, by Sensor Type (2019 and 2027)
Figure 40. Europe: Smart Grid Sensors Market Revenue Share, by Voltage Range (2019 and 2027)
Figure 41. Europe: Smart Grid Sensors Market Revenue Share, by Application (2019 and 2027)
Figure 42. Europe: Smart Grid Sensors Market Revenue Share, by Key Country (2019 and 2027)
Figure 43. UK: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 44. Germany: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 45. France: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 46. Italy: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 47. Russia: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 48. Rest of Europe: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 49. APAC: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. APAC: Smart Grid Sensors Market Revenue Share, by Sensor Type (2019 and 2027)
Figure 51. APAC: Smart Grid Sensors Market Revenue Share, by Voltage Range (2019 and 2027)
Figure 52. APAC: Smart Grid Sensors Market Revenue Share, by Application (2019 and 2027)
Figure 53. APAC: Smart Grid Sensors Market Revenue Share, by Key Country (2019 and 2027)
Figure 54. China: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 55. Japan: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 56. India: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 57. Australia: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 58. South Korea: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 59. Rest of APAC: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 60. MEA: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 61. MEA: Smart Grid Sensors Market Revenue Share, by Sensor Type (2019 and 2027)
Figure 62. MEA: Smart Grid Sensors Market Revenue Share, by Voltage Range (2019 and 2027)
Figure 63. MEA: Smart Grid Sensors Market Revenue Share, by Application (2019 and 2027)
Figure 64. MEA: Smart Grid Sensors Market Revenue Share, by Key Country (2019 and 2027)
Figure 65. Saudi Arabia: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 66. UAE: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 67. South Africa: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 68. Rest of MEA: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 69. SAM: Smart Grid Sensors Market – Revenue and Forecast to 2027 (US$ Million)
Figure 70. SAM: Smart Grid Sensors Market Revenue Share, by Sensor Type (2019 and 2027)
Figure 71. SAM: Smart Grid Sensors Market Revenue Share, by Voltage Range (2019 and 2027)
Figure 72. SAM: Smart Grid Sensors Market Revenue Share, by Application (2019 and 2027)
Figure 73. SAM: Smart Grid Sensors Market Revenue Share, by Key Country (2019 and 2027)
Figure 74. Brazil: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 75. Argentina: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 76. Rest of SAM: Smart Grid Sensors Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 77. Impact of COVID-19 Pandemic in North American Country Markets
Figure 78. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 79. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 80. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 81. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Smart Grid Sensors Market
- ABB Ltd
- Aclara Technologies LLC
- Eaton Corporation plc
- Itron Inc.
- Kamstrup
- LANDIS+GYR
- Schneider Electric
- Sentient Energy, Inc.
- Siemens AG
- Tollgrade Communication Inc.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the globalsmart grid sensors market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the globalsmart grid sensors market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth globalmarket trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Frequently Asked Questions
The APAC region is the fastest growing in the smart grid sensor market in 2019.The swift developments pertaining to technologies, initiatives from governments, digitalization of economies, and increase in disposable income of the middle-income class group are among the factors propelling the overall economic growth of the region and driving it from a developing to developed phase. Power Transmission and Distribution Efficiency Enhancement Project, Nepal, is projected to enhance the quality and reliability of electricity supply in Kathmandu Valley by lowering distribution system overloads and technical and commercial losses. The APAC region is witnessing an increase in energy & power projects owing to huge investment by the government for the proper installation of electric wires.
The growing advancements in energy & power sectoris expanding, owing to the biggest technological revolution across smart grid infrastructure in the past years. Compared to the conventional grid, the smart grid is an automated, highly integrated, technology-driven, and modernized grid due to the usage of such power electronics. The smart grid is expected to play a major role in transforming the electrical networks, along with power system operation during the forecast period.
The architecture of the voltage sensor includes a high-voltage capacitor and a low-voltage capacitor connected in series. To precisely detect voltage variations in the distribution lines, the electrical properties of high-voltage capacitors used in voltage sensors must ensure that the sensors must be not affected by the surrounding temperature or voltage levels, thereby propelling the voltage and current sensor market.