Power utility monitoring systems include software and hardware solutions. These solutions facilitate energy efficiency, preventive maintenance, and productivity in the power network value chain, from power transmission to power distribution. Global Power Utility Monitoring System Market to grow at a CAGR of 6.24 % during the period 2018-2022.
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Covered in this report The report covers the present scenario and the growth prospects of the global power utility monitoring system market for 2018-2022. To calculate the market size, the report considers the revenue generated from the power utility monitoring system.
The market is divided into the following segments based on geography: • Americas• APAC• EMEA
Global Power Utility Monitoring System Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • ABB • Emerson Electric • General Electric• Itron • Schneider Electric • Siemens
Market driver • Successful awareness programs encouraging consumers to adopt smart meters in Europe and North America• For a full, detailed list, view our report
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Market challenge • Increasing complexity in managing data in power utility monitoring systems• For a full, detailed list, view our report
Market trend • Increase in use of real-time power distribution analysis in utility grids• For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2022 and what will the growth rate be?• What are the key market trends?• What is driving this market?• What are the challenges to market growth?• Who are the key vendors in this market space?
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