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Global Digital Grid Market Report 2021: Acceleration of the Digital Grid is Likely to Create Opportunities for Traditional T&D Players and Emerging Startups

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DUBLIN, Sept. 15, 2021 /PRNewswire/ — The “Global Digital Grid (Sensors, Meters, Communications) Market Growth Opportunities, 2021” report has been added to ResearchAndMarkets.com’s offering.

This research study provides an overview of digital grid deployment initiatives globally. It also identifies the factors that will drive and pose challenges to the industry’s move towards the digitalization of the transmission and distribution (T&D) network.

The global digital grid (sensors, meters, and communication) market is expected to generate a cumulative revenue of $86.95 billion during the forecast period (2021-2030).

This is expected to be driven by the rising need for grid efficiency improvements, the growing access to renewable energy, an aging infrastructure, and an increasing number of customer touchpoints through demand-side energy resources.

However, budgetary concerns – especially following a pandemic – and lack of awareness among utilities will challenge the market growth in the medium term.

While smart meters comprise the largest segment, grid line sensors comprise the fastest-growing one in the forecast period, with a CAGR of 10.2%. This is a highly competitive market with opportunities for traditional and new entrants.

The global digital grid market is very diverse, with the presence of global players like Landis+Gyr, EDMI, Siemens, GE, and ABB, and new entrants or standalone product/solution providers like Sentient Energy, Trilliant, Micatu, Awesense, and others.

The expected acceleration of the digital grid is likely to create revenue opportunities for both traditional T&D players and emerging startups in the industry.

Key Issues Addressed

  • Is the market growing, how long will it continue to grow, and at what rate?
  • Are the existing competitors structured correctly to meet customer needs?
  • Which are the major growth regions for digital grid adoption globally?
  • What are the growth opportunities in the global market for digital grid solution providers?
  • What are some of the key Mega Trends that are likely to influence the growth of the digital grid industry in the next decade?

Key Topics Covered:

1. Strategic Imperatives

  • Why Is It Increasingly Difficult To Grow?
  • The Strategic Imperative
  • The Impact of the Top 3 Strategic Imperative on the Digital Grid – Sensors, Meters, and Communications Market
  • Growth Opportunities Fuel the Growth Pipeline Engine

2. Growth Environment

  • Key Findings

3. Research Scope, Objective, and Methodology

  • Digital Grid Overview
  • Digital Grid – Sensors, Meters, and Communications Market, Scope of Analysis
  • Research Background
  • Research Methodology
  • Competitive Landscape, Digital Grid – Sensors, Meters, and Communications Market

4. Growth Trends

  • Top Trends for the Digital Grid Industry in the New Decade (2021-2030)
  • Trend 1 – Evolving Business Models
  • Trend 2 – Growth in Platforms (VPP/DR/DERMS) to Integrate Demand-Side Resources
  • Trend 3 – Growth in Adoption of Big Data/Analytics
  • Trend 3 – CASE STUDY – Big Data/Analytics
  • Trend 4 – Emergence of 5G for the Digital Grid Application
  • Trend 5 – Increased Focus in Edge Intelligence to Maximize Capabilities
  • Trend 5 – Smart Meters as Grid Intelligent Devices
  • Trend 5 – Case Study – Edge Intelligence
  • Trend 6 – Surge in Cybersecurity Investment in the Second Half of the Decade
  • Trend 6 – Case Study – Middle Eastern Utility Company
  • Trend 7 – Emergence of Blockchain in Digital Grid
  • Trend 7 – Case Study – Blockchain
  • The Impact of Trends across the Regions

5. Growth Opportunity Analysis

  • Growth Drivers for the Digital Grid – Sensors, Meters, and Communications Market
  • Driver 1 – A Growing Need for Efficiency Improvements Along the Grid
  • Driver 2 – The Rise in Penetration of Renewables in the Power Generation Mix
  • Driver 3 – Aging Grid Infrastructure drives Investment in Modernization Programs
  • Driver 4 – Integration of Demand Side Energy in the Grid Network Urges Utilities to Adopt Modernization Programs
  • Driver 5 – Liberalization of Power Sector Enables Grid Infrastructure Investments
  • Growth Restraints in the Digital Grid – Sensors, Meters, and Communications Market
  • Restraints Analysis by the Digital Grid – Sensors, Meters, and Communications Market
  • Revenue Forecast, Digital Grid – Sensors, Meters, and Communications Market
  • Revenue Forecast by Segment, Digital Grid – Sensors, Meters, and Communications Market
  • Revenue Forecast Analysis, Digital Grid – Sensors, Meters, and Communications Market
  • Revenue Forecast by Region, Digital Grid – Sensors, Meters, and Communications Market
  • Revenue Forecast Analysis by Region, North America
  • Revenue Forecast Analysis by Region, Europe
  • Level of Smart Meter Penetration by Country, Digital Grid – Sensors, Meters, and Communications Market
  • Revenue Forecast Analysis by Region, Asia-Pacific Excluding China
  • Revenue Forecast Analysis by Region, China
  • Revenue Forecast Analysis by Region, RoW
  • Competitive Environment in the Digital Grid – Sensors, Meters, and Communications Market

6. Growth Opportunity Universe

  • Growth Opportunity 1 – IoT to Enable T&D Equipment Integration Along the Grid to Strengthen Resiliency
  • Growth Opportunity 2 – M&As between Strategic Competitors to Leverage Market Synergies
  • Growth Opportunity 3 – As-a-service Business Models To Enable Superior Customer Experience
  • Growth Opportunity 4 – Digital Marketing for Transformed Selling Process

Companies Mentioned

  • ABB
  • Awesense
  • EDMI
  • GE
  • Landis+Gyr
  • Micatu
  • Sentient Energy
  • Siemens
  • Trilliant

For more information about this report visit https://www.researchandmarkets.com/r/8fgv9v

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]   

For E.S.T Office Hours Call +1-917-300-0470
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SOURCE Research and Markets

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Source: https://www.prnewswire.com:443/news-releases/global-digital-grid-market-report-2021-acceleration-of-the-digital-grid-is-likely-to-create-opportunities-for-traditional-td-players-and-emerging-startups-301377818.html

Energy

Groundbreaking ceremony in Blomberg: Phoenix Contact builds an energy-efficient facility for machine building

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The new building will consolidate all the machine building units currently scattered around the Blomberg site, bringing them together in one place. The 18,500 m² site provides space for a production area, offices, and a canteen. In the future, 400 employees will work here. Energy efficiency was a top priority during the planning. Along with the high insulation standard of the building enclosure, heat recovery via a ventilation system and air compressors, and highly efficient plant technology, a photovoltaic system of more than 750 KWp will be installed on the roof. This way, a large portion of the energy demand can be covered by green electricity. The heart of the heating and cooling system is an ice storage tank that will provide the energy for the heat pumps, a technology that utilizes the high amount of energy released by freezing water in order to support heating. The ice that forms in this process can be used for low-cost cooling. “When the system is combined with solar collectors for the ice tank, we can store regenerative energy at a low temperature level without any losses,” Stührenberg explains. “This is yet another building block for increasing our share of self-generated energy from renewable sources.”

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SOURCE Phoenix Contact

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Source: https://www.prnewswire.com:443/news-releases/groundbreaking-ceremony-in-blomberg-phoenix-contact-builds-an-energy-efficient-facility-for-machine-building-301401792.html

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Energy

WORKPRO® Tools Renews Commitment And Increases Pledge To National Breast Cancer Foundation, Inc.®

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“This year, we at WORKPRO Tools want to continue to support the good work of NBCF, and we want to do so at an even higher level,” said Lily Chi, CEO of WORKPRO’s parent company, Hangzhou GreatStar Industrial Co., Ltd. “We are so proud to do what we can to support NBCF’s efforts to provide early detection and education about breast cancer and to support those who are dealing with the disease. Our company stands shoulder-to-shoulder with those who are facing this struggle.”

WORKPRO is featuring an assortment of essential hand tools, power tools and accessories that are appropriately colored in pink. Available on amazon.com, a portion of the proceeds from each tool will go directly to NBCF.  As part of the new commitment, WORKPRO Tools is stepping up its co-marketing efforts with NBCF.  WORKPRO is supporting NBCF’s mission by integrating NBCF’s marketing presence with its sponsored NASCAR XFINITY Race partnerships and in WORKPRO’S product marketing efforts.

About National Breast Cancer Foundation, Inc.®
Recognized as one of the leading breast cancer organizations in the world, National Breast Cancer Foundation (NBCF) is Helping Women Now® by providing early detection, education and support services to those affected by breast cancer. A recipient of Charity Navigator’s highest 4-star rating for 15 years, NBCF provides support through their National Mammography Program, Patient Navigation, breast health education, and patient support programs. For more information, please visit https://www.nationalbreastcancer.org/ 

About WORKPRO® Tools:
Since 2009, WORKPRO® Tools has been committed to leading the way with innovative tools for the home do-it-yourselfer. Developed by Hangzhou GreatStar Industrial Co., Ltd., the largest hand tool manufacturer in Asia, WORKPRO® Tools delivers a diverse variety of hand tools, power tools and storage solutions. Sold in over 100 countries around the world, WORKPRO® Tools strives to provide tools to those who take pride in completing a project themselves.
www.workprotools.com.

SOURCE GreatStar Industrial USA, LLC

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Source: https://www.prnewswire.com:443/news-releases/workpro-tools-renews-commitment-and-increases-pledge-to-national-breast-cancer-foundation-inc-301407106.html

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Energy

USD 1,289.57 Million Growth expected in Boiler Services Market by 2025 | 1,200+ Sourcing and Procurement Report | SpendEdge

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Major Price Trends in the Boiler Services’s Procurement Market

The pressure from substitutes and a moderate level of threat from new entrants has resulted in the moderate bargaining power of suppliers. This makes it extremely important to get the pricing and pricing model right. Buyers should align their preferred pricing models for Boiler Services with the wider industry and identify the cost-saving potential..

  • The most widely adopted pricing models in the Boiler Services Market
    • Cost-plus pricing model
    • Variable pricing model

Download our free sample report to know more about the latest price trends and various pricing models

Will there be an Increase in the Spend Growth for Boiler Services Procurement?

The report provides a complete drill-down on Global Boiler Services spend outlook at a global as well as regional level. Current spend scenario, growth outlook, incremental spend, and other key information is available individually for North America, South America, Europe, Middle East and Africa, and APAC.

Subscribe to our “Free Limited Period Starter Procurement Plan” to get the following:

  • View 6 full reports
  • View 800+ report samples
  • Pre-order upcoming reports
  • Dedicated account manager

Subscribe Now for FREE!

This procurement report answers help buyers identify and shortlist the most suitable suppliers for their Boiler Services Market requirements following questions:

  • Am I engaging with the right suppliers?
  • Which KPIs should I use to evaluate my incumbent suppliers?
  • Which supplier selection criteria are relevant for?
  • What are the workplace computing devices category essentials in terms of SLAs and RFx?

Download 5 Reports EVERY MONTH!

Get instant access to download 5 reports every month and view 1200 full reports. With every purchase, we also offer complimentary research add ons and Covid-19 impact assessments.

Purchase Report Download License

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.

Contact
SpendEdge
Anirban Choudhury
Marketing Manager
Ph No: +1 (872) 206-9340
https://www.spendedge.com/contact-us

SOURCE SpendEdge


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Source: https://www.prnewswire.com:443/news-releases/usd-1-289-57-million-growth-expected-in-boiler-services-market-by-2025–1-200-sourcing-and-procurement-report–spendedge-301405011.html

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Energy

IJGlobal reconhece a Atlas Renewable Energy com os prêmios Acordo de Energia do Ano ESG de 2020 e Social ESG

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O prêmio Social ESG foi concedido ao programa da Atlas “Somos parte da mesma energia”, uma iniciativa social lançada no Brasil, Chile e México, e implementada durante a fase de construção dos projetos de energia solar que a empresa está atualmente desenvolvendo nesses países.

O programa visa capacitar a força de trabalho feminina local com treinamentos que permitirão às mulheres optar por trabalhos mais técnicos na construção dos projetos. Ao mesmo tempo, a Atlas mobilizou seus empreiteiros para, no processo de contratação, dar prioridade às mulheres que participaram dos treinamentos. Esta iniciativa se tornou o principal programa social da Atlas e está alinhada com os Objetivos de Desenvolvimento Sustentável da ONU (5 – Igualdade de gênero, 8 – Trabalho decente e crescimento econômico, 10 – Redução de desigualdades e 12 – Consumo e produção responsáveis).

Até hoje, aproximadamente 1.000 mulheres foram treinadas em diferentes áreas, como construção civil, carpintaria, saúde e segurança, montagem de módulos, eletricidade, entre outras. Isso nos permitiu aumentar dos habituais 2% para 15% a participação feminina na construção dos projetos.

O programa “Somos parte da mesma energia” deve ser implementado nos novos projetos da empresa para que mais mulheres possam se beneficiar desses treinamentos e encontrar novas oportunidades de carreira.

A Usina Solar Jacarandá no Brasil também foi reconhecida pela IJGlobal com o prêmio Negócio de Energia Solar do Ano (Américas) devido à implementação bem-sucedida do programa “Somos parte da mesma energia” durante a construção do projeto.

Durante esse período, mais de 214 mulheres foram treinadas em habilidades técnicas. Entre as mulheres treinadas, 123 foram contratadas para fazer parte da construção da Jacarandá. No total, 159 mulheres foram contratadas, o que representou 17% do trabalho total contratado na Jacarandá durante o pico das obras. O projeto também se concentrou em contratar grupos sub-representados, como a população afrodescendente no estado da Bahia, que formou a maior parte da força de trabalho, 85% e 83% de homens e de mulheres afrodescendentes, respectivamente.

“É uma honra que a IJGlobal tenha reconhecido nosso programa de força de trabalho feminina “Somos parte da mesma energia” e sua implementação no projeto de energia solar Jacarandá”, disse Maria José Cortes, diretora de ESG da Atlas Renewable Energy. “Criar e implementar este programa tem sido uma experiência incrível para todos nós da Atlas, ajudando a abrir uma porta para novas oportunidades para mulheres em áreas rurais na América Latina e mudando paradigmas. Estamos muito orgulhosos disso, mas sabemos que ainda há muito a ser feito em termos de D&I. Esperamos que este programa promova a base de práticas mais inclusivas em nosso setor e nas comunidades onde atuamos.”

Sobre a Atlas Renewable Energy 

A Atlas Renewable Energy é uma empresa de geração de energia renovável que desenvolve, constrói e opera projetos de energia renovável com contratos de longo prazo em todas as Américas. O portfólio atual da empresa é de 2,2 GW de projetos contratados nos estágios de desenvolvimento, construção ou operação, e visa expandir para mais 4 GW nos próximos anos.

Fundada no início de 2017, a Atlas Renewable Energy conta com uma equipe experiente com o histórico mais longo em energia solar do setor da América Latina. A empresa é reconhecida por seus altos padrões no desenvolvimento, construção e operação de projetos em larga escala.

A Atlas Renewable Energy faz parte da Energy Fund IV, fundada pela Actis, uma importante investidora de capital privado no setor de energia. O crescimento da Atlas Renewable Energy se concentra nos principais mercados e economias emergentes, utilizando seus conhecimentos comprovados em desenvolvimento, comercialização e estruturação para acelerar a transformação para a energia limpa. Ao interagir ativamente com a comunidade e com as partes interessadas no centro de sua estratégia de projeto, a empresa trabalha incansavelmente para oferecer um futuro mais limpo.

Para saber mais sobre a Atlas Renewable Energy, acesse: www.atlasrenewableenergy.com

Logotipo – https://mma.prnewswire.com/media/1441896/Atlas_Renewable_Energy_Logo.jpg 
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FONTE Atlas Renewable Energy

Related Links

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www.atlasrenewableenergy.com/en/

SOURCE Atlas Renewable Energy

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Source: https://www.prnewswire.com:443/news-releases/ijglobal-reconhece-a-atlas-renewable-energy-com-os-premios-acordo-de-energia-do-ano-esg-de-2020-e-social-esg-869280662.html

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