Smart grid communication networks are used to support smart grid
applications. These communication networks provide essential infrastructure
allowing utilities to manage smart grid devices from a central location.
Previously, communication networks for smart grid devices supported supervisory
control and data acquisition (SCADA) systems as a machine-to-machine
technology. However, with technological advancements in the Smart Grid
industry, new field-based sensors, wireless technologies, and mobile devices
are being used for supporting SCADA systems. This allows the traditional power
grid to become more resilient, reliable, and efficient.
Analysts forecast the Global Smart Grid
Communications market to grow at a CAGR
of 10.8 percent over the period 2013-2018.
The Report recognizes the following companies as the key players in the
Global Smart Grid Communications Market: Echelon Corp., Itron Inc., Landis+Gyr
AG, Sensus USA Inc. and Silver Spring Networks Inc.
Other Prominent Vendors in the market are: Ambient, CURRENT Group, Elster
Group, Trilliant and Tropos Networks.
One of the major trends in the market is the increased demand for narrow
power line communication. The use of N-PLC has increased in areas such as
renewable energy, advanced metering, and electrical vehicles, which is aiding
the growth of the Global Smart Grid Communications market.
Covered in this
Report
The Global Smart Grid Communications market can be segmented into three
divisions: WAN, FAN, and HAN.
Global Smart Grid Communications Market 2014-2018, has been prepared
based on an in-depth market analysis with inputs from industry experts. The
report covers the Americas, and the EMEA and APAC regions; it also covers the
Global Smart Grid Communications market landscape and its growth prospects in
the coming years. The report also includes a discussion of the key vendors
operating in this market.
According to the report, an increase in smart grid deployments is one of
the significant driving factors for the market growth. The demand in the Global
Smart Grid Communications market is set to increase with the development of the
Smart Grid industry.
Further, the report states that one of the major challenges confronting
the market is the cyber security threat. As a smart energy meter in the grid is
connected to various communication networks, it is frequently exposed to
viruses and cyber-attacks, which may compromise important data.
Single User License of the Report is Available
at USD 2500, Buy the Report @ http://www.sandlerresearch.org/purchase?rname=22920 .
