What is Distribution Power Sensor?
Power distribution sensors are highly effective in the field of power transmission that consists of sensors, automated control techniques, and sophisticated software solutions. These advanced sensors use real-time data to enhance the reliability of power transmission and minimize the power dissipation which eventually reduces the cost. These smart sensors are very reliable and efficient to be used in commercial and residential areas to increase energy efficiency. Sensors give utilities real-time visibility to monitor and manage their distribution networks. Europe is anticipated to have substantial growth over the forecast period. This is because of the huge investment in research and development for providing innovative techniques to optimize dissipation loss. In the United Kingdom, where sub-transmission circuits are often fed from multiple sources, the availability of the next-generation power sensor has simplified the process of identifying the direction of faults for United Kingdom power networks.
The market study is broken down by Type (Motion Sensor, Optical Sensor, Chemical Sensor and Others), by Application (CVR and Volt/VAR Optimization, Distributed Generation (DG) and DER Integration, Power Quality Monitoring, Fault Notification and Location and Others (Power Flow Modelling, and Monitoring Of Substations and Network Interconnections)) and major geographies with country level break-up.
Sentient Energy, Inc. (United States), Aclara Technologies LLC (United States), Franklin Electric (United States), Eaton (Ireland), QinetiQ (United Kingdom), Landis+Gyr (Switzerland), General Electric Company (United States), Schneider Electric SA (France), NexGrid, LLC. (United States) and ABB Ltd. (Switzerland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are S&C Electric Company (United States) and Trilliant Holdings, Inc. (United States).
AdvanceMarketAnalytics has segmented the market of Global Distribution Power Sensor market by Type, Application and Region.
On the basis of geography, the market of Distribution Power Sensor has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sensing Parameter, the sub-segment i.e. Voltage will boost the Distribution Power Sensor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Voltage Range, the sub-segment i.e. < 35 kV will boost the Distribution Power Sensor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Commercial will boost the Distribution Power Sensor market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
On January 02, 2018, Hubbell Incorporated has entered into a definitive agreement to acquire Aclara Technologies LLC, an affiliate of Sun Capital Partners, Inc. for approximately USD 1.1 billion in an all-cash transaction. The transaction strengthens and broadens Hubbell Power Systems' competitive position across utility markets.
On February 04, 2019, Aclara, a leading supplier of smart infrastructure solutions (SIS) has announced the expansion of its grid monitoring platform power sensor product line that operates on sub-transmission networks up to 48kV to increase visibility beyond the distribution network.
- Integration with other back-end systems such as SCADA, Data Historians, Energy Management Systems (EMS), and Distribution Management Systems (DMS).
- Large Geographic Reach, and Technological Innovation with Enhanced Sensor Connectivity
- Valuable Real-Time Inputs with High Accuracy Voltage and Current Measurements
- Lower Costs and Increased Functionality of Sensors
- Advancements in Measurement Science and Standards for Smart Grid Technologies
- Increasing Investments in Research and Development to Offer Innovative Techniques for Dissipation Loss Optimization
- Weaker than Expected Demand and Limited Market Penetration
- Security Concerns and Increase Energy Utility Counterfeit
Key Target AudienceDistribution Power Sensor Manufacturers, Government Agencies, Smart Grid Technology Solution Providers, System Integrators/Migration Service Providers, Industrialists/Engineers/Vendors, Distributors/Traders/Suppliers, End-Use Industries and Others
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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