Smart Grid Sensors Market Size, Share, and Forecast by 2027
Smart Grid Sensors Market: Strategic Insights
Smart Grid Sensors Market
-
CAGR (2023 - 2031)18.7% -
Market Size 2023
US$ 631.3 Million -
Market Size 2031
US$ 2489.3 Million
Market Dynamics
GROWTH DRIVERS
- Rise in energy demand
FUTURE TRENDS
- The inclusion of technologies such as AI and IoT
OPPORTUNITIES
- Increasing investments in the smart grid technology
Key Players
- ABB Ltd
- LEM
- Eaton Corporation plc
- ltron Inc
- Kamstrup
- LANDIS GYR
- Schneider Electric
- Sentient Energy Inc
- Siemens AG
- vCisco Systems
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Sensor Type
- Voltage and Current Sensor
- Temperature Sensor
Voltage Range
- Low to Medium Voltage and High Voltage
Application
- Substation Automation
- Advanced Metering Infrastructure
- Smart Grid Distribution Network