Portland, OR, July 09, 2019 (GLOBE NEWSWIRE) -- The Global Smart Grid Market study provides a brief introduction of the industry, along with its market definition and scope. The research provides an extensive analysis of opportunities, drivers, restraints, key segments, regions, and major manufacturers in the market for the forecast period, 2018–2025. Additionally, it offers a quantitative analysis of the smart grid market for investors to benefit from the current market opportunities. Furthermore, the research presents an in-depth analysis of the market along with the current & future trends to elucidate imminent investment pockets. The report is a helpful source of data for investors, market players, stockholders, and new players in the market to plan unique strategies for growth and determine developing economies.
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The study offers a brief overview of each segment and sub-segment in the market. The global smart grid market is segmented based on component, application, solutions, end user, and region. Based on component, the study sub-divides the market into solutions and services. On the basis of application, the report classifies the market into transmission, distribution, generation, and consumption or end use. The study segments the market by solutions into smart grid distribution management, smart grid network management, advanced metering infrastructure (AMI), smart grid communications, substation automation, smart grid security, and others. Further, based on the end user, the report divides the market into residential, commercial, and industrial. The report presents the geographical distribution of the market which includes North America, Europe, Asia-Pacific, and LAMEA. Moreover, countries from each region are explored in the report. This analysis offers insights that help in determining the leading market segments and emerging strategies to obtain a strong presence in the smart grid industry.
Additionally, the research offers a list of leading market players operating in the global smart grid sector. The key market players discovered in the industry are Cisco Systems, Inc., General Electric, Siemens, International Business Machines Corporation (IBM), Tech Mahindra Limited, Honeywell International Inc, Itron Inc., Oracle, Schneider Electric, Wipro Limited, and others.
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The report is prepared on the basis of an in-depth evaluation of the industry by the experts. The in-depth analysis helps market players to adapt according to changing market conditions in the regions, and take crucial steps to obtain a dominant position in the industry.
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