Global IoT In Energy Grid Management Market Growth Drivers, Developments and Innovations 2025

Press Release

ResearchMoz present a comprehensive research report namely “Global IoT in Energy Grid Management Market Size, Status and Forecast 2019-2025” which reveals an extensive analysis of global industry by delivering the detailed information about Forthcoming Trends, Customer’s Expectations, Technological Improvements, Competitive Dynamics and Working Capital in the Market. This is an in-depth study of the market enlightening key forecast to 2025.

The Internet of Things (IoT) is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect and exchange data, creating opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions.

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Significant numbers of energy-consuming devices (e.g. switches, power outlets, bulbs, televisions, etc.) already integrate internet connectivity, which can allow them to communicate with utilities to balance power generation and energy usage and optimize energy consumption as a whole. These devices allow for remote control by users, or central management via a cloud-based interface, and enable functions like scheduling (e.g., remotely powering on or off heating systems, controlling ovens, changing lighting conditions etc.). The Smart grid is a utility-side IoT application; systems gather and act on energy and power-related information to improve the efficiency of the production and distribution of electricity. Using advanced metering infrastructure (AMI) internet-connected devices, electric utilities not only collect data from end-users, but also manage distribution automation devices like transformers.

This report focuses on the global IoT in Energy Grid Management status, future forecast, growth opportunity, key market and key players. The study objectives are to present the IoT in Energy Grid Management development in United States, Europe and China.

The key players covered in this study
Schneider Electric
Bosch Software Innovations
Sierra Wireless
Texas Instruments

Market analysis by product type

Market analysis by market
Substation automation

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Market analysis by Region
United States
Southeast Asia
Central & South America

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This post was originally published on Analytics News