Smart Grid Optimization Solutions Market in the
2010–2014 United States
technavio insights
Smart Grid Optimization Solutions Market in the
2010–2014 United States
CONTENTS
01. Executive Summary ..............................................1
02. Introduction ...........................................................2
03. Market Coverage .................................................4
04. Market Landscape ................................................5
05. Vendor Landscape ...............................................7
06. Market Growth Drivers ..........................................9
07. Market Challenges .............................................11
08. Market Trends ......................................................13
09. Key Vendor Analysis ...........................................15
09.1 ABB ........................................................................................ 15
09.2 Schweitzer Engineering Laboratories Inc. ....................... 17
09.3 S&C Electric Co. .................................................................. 19
09.4 GE Energy ............................................................................. 21
09.5 Schneider Electric ............................................................... 23
10. Other Reports in this Series .................................25
2010–2014 Smart Grid Optimization Solutions Market in the United States
Smart Grid Optimization Solutions Market in the
2010–2014 United States
EXHIBITS
Exhibit 1: Smart Grid Optimization Solutions Market in the
United States 2010–2014 (US$ billion) .................................6
Exhibit 2: Smart Grid Optimization Solutions Market in the
United States by Vendor Segmentation – 2010 ................8
2010–2014 Smart Grid Optimization Solutions Market in the United States
Smart Grid Optimization Solutions Market in the United States
1
01. Executive Summary
2010: US$1.4 billion
Market Size
2014: US$5.4 billion
Growth Rate 40.1 percent CAGR
Key Geography United States (US)
Key Customer
Electric Utilities
Segment
Support from the US Government
Trends Technological Advancement in Distribution Automation
Increasing Business Alliances among Vendors
High Return on Investment
Increased Reliability of Smart Grid
Drivers
Enhanced Control over Volt/Volt-Ampere Reactive (VAR)
Integration of Renewable Energy Generation
Fragmentation of the Market
Challenges Lack of Standardization
Data Security Concerns
ABB
Schweitzer Engineering Laboratories Inc.
Key Vendors S&C Electric Co.
GE Energy
Schneider Electric
2010–2014 Smart Grid Optimization Solutions Market in the United States
Smart Grid Optimization Solutions Market in the United States
2
02. Introduction
Grid optimization has evolved over a period of time along with the implementation of smart
meters and the subsequent introduction of smart grid applications. Smart grid optimization
solutions include a wide range of processors, intelligent sensors and communication
infrastructure that enable the power utilities to monitor and control the distribution of electricity.
Smart grid optimization solutions also help in coordinating and operating electricity distribution
assets with minimal manual intervention, thus optimizing the entire power distribution process.
Grid optimization enables utilities and grid operators to control power delivery network digitally.
In addition, sensor technology, communication network and information technology help in
optimizing the performance of smart