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Smart Grid Sensors Market

2021

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)

Publication Month: Sep 2020 | Report Code: TIPRE00012739 | No. of Pages: 164 | Category: Electronics and Semiconductor | Status: Published

Market Insights

Smart Grid Sensors Market to Grow at a CAGR of 18.3% to reach US$ 1,221.61 Million from 2020 to 2027

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The smart grid sensors market was valued at US$ 325.00 billion in 2018 and is projected to reach US$ 1,221.61 billion by 2027; it is expected to grow at a CAGR of 18.3% during 2019–2027.

As the demand for energy is less among most of the residences, the grid was developed to provide electricity to the residences with monthly bills. This causes one-way interaction, which makes it difficult for the grid to respond to the changing and growing energy demands of today’s world. The introduction of smart grid presents a two-way dialogue where electricity and data can be exchanged between the customers and the utility. The growing network of controls, communications, computers, automation, and new advanced technologies and tools are making smart grids more reliable, efficient, secure, and greener. It allows advanced technologies to be integrated, such as solar and wind energy production and plug-in electric vehicle charging. The smart grid technology replaces the infrastructure of the traditional energy grid. With the integration of smart grids, the utilities can communicate better, and it helps offer detailed information, which allows grid operators to manage electricity consumption in real-time. The smart grid sensors monitor the power line temperature and weather conditions that are used to calculate the line’s carrying capacity. This sensor is used in homes and corporate infrastructures to surge energy efficiency.

Several initiatives associated with advancements in the grid are gaining momentum across the world. The up-gradation in energy grids allows the incorporation of traditional energy sources with renewables and energy storage. For instance, the US Department of Energy's (DOE) Grid Modernization Initiative has announced to build the advanced grid of the future. The department operates with various public and private partners to design the necessary tools and technologies to analyze, measure, predict, and control the smart grid. This initiative is likely to surge competitiveness and modernization in the US with regards to the global energy economy. The growing integration of advanced technologies, such as the Internet of Things (IoT), Artificial Intelligence (AI), and rising adoption of sensors in several industrial applications, are the significant factors accelerating the growth of the global smart grid sensors market. The energy & power generation industry witnesses tremendous growth across the world; also, various electrical projects are in line, especially in the Southeast Asian countries, which demands for smart grid sensors. Therefore, the rising demand for smart grid sensors offers ample growth opportunities for market players in the coming years. The growing acquisition strategies leads to the positive growth prospects of the smart grid sensors.

IMPACT OF COVID-19 ON SMART GRID SENSOR MARKET

According to latest situation report from World Health Organization (WHO), the US, Spain, Italy, France, Germany, UK, Russia, Turkey, Brazil, Iran, and China are some of the worst affected countries due to COVID-19 outbreak. The outbreak first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. As per latest WHO figures for 25th September 2020, there are 32,029,704 confirmed COVID-19 cases globally with 979,212 total deaths and the number is growing at varying rates in different countries. The COVID-19 crisis is affecting the industries worldwide and the global economy is anticipated to take a worst hit in the year 2020 and likely in 2021 also. The global energy & power industry is one of the major industries that is suffering serious disruptions due to corona virus crisis is impacting the growth of global smart grid sensors Market. The factory shutdowns, travel bans, trade bans, and border lockdowns to combat and contain the outbreak have impacted the smart grid sensors market

Lucrative Regions for Smart Grid Sensors Market

Lucrative Regions for Smart Grid Sensors Market

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Market Insights–Smart Grid Sensors Market

Security Issues and Other Roadblocks

Smart grid deployments have made the operation of power systems more efficient through the application of distributed computing in the interoperation of the grids. However, such schemes have greatly triggered a number of security issues that are considered to be major concerns. Threats including physical attacks, cyber-attack, and natural disasters are significant threats to SG deployment that is expected to lead to infrastructural failure, energy theft, blackouts, endangered safety of personnel, customer privacy breach, etc.

In the present times of increasing concerns over terrorism paired with the rising number of sophisticated hackers, there is a simultaneous increase in the vulnerability that our energy system is exposed to if it truly were as technology-focused (and reliable) as the world envisions. This is a genuine concern that is being addressed by the industry. Hence, there is a rising need for critically examining the security issues and preventing possible threats or failures.

Sensor Type –Based Insights

Smart grids sensors apply information, innovative networking, real-time monitoring, and control technologies in order to save energy, lower costs, and enhance security, interoperability, and reliability. It includes the gathering, using sophisticated metering systems, and exchange of huge amounts of data in real-time at different levels of the supply chain. Various types of sensors can be installed on each device on the network in order to collect and transmit data. Based on sensor types, the market is segmented as a voltage sensor, temperature sensor, pressure sensor, and others.

Voltage Range-Based Insights

Based on voltage range, the smart grid sensors market is further bifurcated into low to medium voltage and high voltage. Monitoring and control applications need various types of data for enhancing distribution network operations. Thus, sensor data output needs should meet the future monitoring and control applications of smart grids. Low to medium voltage include less than 150 kV.

Application-Based Insights

The demand for smart grid sensors is likely to continue to surge during the coming years owing to an increase in the modernization of grid infrastructure and rising awareness regarding carbon footprint management. It highly delivers visibility, intelligence, control, and communication into energy consumption procedures and allows green energy. The growing technological integrations with smart grid sensors offer end users with greater reliability and efficiency. For instance, incorporating IoT and data technologies into this sensor offers real-time data. It provides numerous business opportunities for the vendors; thus, they are highly investing in these technologies to stay competitive in the market and offer optimal solutions to their consumers. Smart energy meter, advanced metering infrastructure, and smart grid distribution network are some of the crucial applications where smart grid sensors are hugely implemented. Further, with the rise in the number of production plants in the developing countries of APAC, MEA, and SAM, the demand for smart grid sensors is expected to augment. This factor is anticipated to support the growth of the smart grid sensors market during the forecast period.

Strategic Insights

The 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.

The Global Smart Grid Sensors Market has been Segmented as Follows:

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

  1. ABB Ltd
  2. Aclara Technologies LLC
  3. Eaton Corporation plc
  4. Itron Inc.
  5. Kamstrup
  6. LANDIS+GYR
  7. Schneider Electric
  8. Sentient Energy, Inc.
  9. Siemens AG
  10. 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
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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.

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