Welcome!

IBM Cloud Authors: Pat Romanski, Yeshim Deniz, Elizabeth White, Jyoti Bansal, Liz McMillan

News Feed Item

Asset Management and Condition Monitoring

LONDON, Aug. 19, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report:

Asset Management and Condition Monitoring

https://www.reportbuyer.com/product/2049265/Asset-Management-and-Condition-Monitoring.html

Grid Sensors and Software Solutions for Transmission and Distribution Networks: Global Market Analysis and Forecasts

Asset management for most utilities today is handled with what is commonly called a run-to-fail strategy. Particularly in the distribution network, where asset value is generally low, many utilities have not incorporated sensing or monitoring technology into their networks. However, with the advent of the smart grid – and the deployment of communications networks that enable advanced metering infrastructure and distribution automation programs – the inclusion of sensing or monitoring is starting to make more economic sense.

Asset management and condition monitoring (AMCM) solutions encompass physical devices that may share real-time or near real-time data with the operations center. They also include software solutions like asset management systems and, increasingly, analytics solutions that draw on multiple sources to provide management with a holistic view of the performance of the grid and its critical components. The benefits of more refined grid operations are increasingly recognized, not only by financial stakeholders, but also by regulatory bodies concerned with electric rates for customers and the reliability and efficiency of the power grid overall. Due to the trends noted above and falling prices, the AMCM market is poised to grow rapidly over the next decade. Navigant Research forecasts that the global market for AMCM devices and solutions will more than triple between 2014 and 2023 to nearly $6.9 billion.

This Navigant Research report analyzes the global market for AMCM solutions and describes where they are needed in the grid. The study discusses significant market drivers and applications and outlines challenges to deployment. Global market forecasts for condition monitoring sensors in the grid and asset management software solutions, including asset-management-as-a-service (AMaaS) and analytics, extend through 2023. Sensor forecasts are segmented by location in the grid, including transmission and distribution substations, transmission lines, distribution lines, and distribution transformers. The report also provides in-depth profiles of key vendors and examines several utility deployment case studies.

Key Questions Addressed:

What are the benefits of grid sensors within high-, medium-, and low-voltage networks?
What applications do grid sensors enable?
What types of sensors are available and where can they be deployed in the grid?
What qualities and characteristics of power flow and the health of grid equipment can be measured?
How much do various grid sensors cost?
How large will the market for condition monitoring grow over the next decade?
How do asset management systems and analytics benefit utilities?
How much do asset management systems and analytics cost and how large is the market forecast to grow?

Who needs this report?

Utilities
Hardware and software vendors
Systems integrators
Regulators and policymakers
Government agencies
Investor community
1. Executive Summary
1.1 Overview
1.2 Key Trends and Challenges in AMCM
1.3 Market Forecast
2. Market Issues
2.1 Overview
2.1.1 The Evolution of Asset Management and Maintenance
2.1.2 Asset Management, Condition Monitoring, and Condition-Based Maintenance
2.1.2.1 Sensors
2.1.2.2 Asset Management Systems, Analytics, and Predictive Maintenance
2.1.2.3 Asset-Management-as-a-Service
2.2 Market Drivers
2.3 Market Challenges
2.4 Applications
2.4.1 Failure or Outage Reporting
2.4.2 Fault Location, Isolation, and Service Restoration
2.4.3 Dynamic Line Rating
2.4.4 CVR
2.4.5 Non-Technical Loss Prevention
2.4.6 Intermittent Renewable Energy
2.4.7 EV Charging
2.4.8 Fleet and Field Crew Management
2.5 Regional Drivers for AMCM
2.5.1 North America
2.5.1.1 AMCM Deployment Case Study: American Electric Power
2.5.1.2 AMCM Deployment Case Study Consolidated Edison
2.5.2 Europe
2.5.3 Asia Pacific
2.5.4 Latin America
2.5.5 Middle East & Africa
3. Technology Issues
3.1 Power Grid Overview
3.2 Sensing and Measurement in the Grid
3.2.1 Physical Monitoring
3.2.2 Electrical Monitoring
3.2.3 Chemical Analysis
3.2.4 Self- or Remote-Powered Devices
3.2.5 Emerging Technologies
3.3 AMCM in the Transmission Network
3.3.1 Transmission Substations
3.3.1.1 Transformers
3.3.1.1.1. Bushings
3.3.1.2 Current Transformers and Voltage Transformers
3.3.1.3 Relays/Intelligent Electronic Devices
3.3.1.4 Circuit Breakers
3.3.1.5 Batteries
3.3.2 Transmission Lines
3.3.2.1 Synchrophasors/Phasor Measurement Units
3.4 AMCM in the Distribution Network
3.4.1 Distribution Substations
3.4.2 Distribution Lines/Feeders
3.4.2.1 Distribution Transformers
3.4.2.2 Reclosers
3.4.2.3 Sectionalizers
3.4.2.4 Fault Indicators
3.4.3 LV Networks
3.4.3.1 Smart Meters
4. Key Industry Players
4.1 Overview
4.1.1 ABB
4.1.2 Alstom Grid
4.1.3 Ametek Power Instruments
4.1.4 AT&T Wireless
4.1.5 Capgemini
4.1.6 Cooper Power Systems
4.1.7 GE
4.1.8 GRIDiant
4.1.9 GridSense
4.1.10 IBM
4.1.11 IntelliSAW
4.1.12 OptiSense Network
4.1.13 S&C Electric
4.1.14 Schneider Electric
4.1.15 Schweitzer Engineering Laboratories
4.1.16 Sentient Energy
4.1.17 Siemens AG Energy Sector
4.1.18 Silver Spring Networks
4.1.19 Tollgrade Communications
4.1.20 Verizon Wireless
4.1.21 Other Industry Participants
5. Market Forecasts
5.1 Introduction
5.2 Market Forecast Methodology
5.3 Global Market Outlook
5.4 Regional Analysis
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 Latin America
5.4.5 Middle East & Africa
5.5 Conclusions and Recommendations
5.5.1 Recommendations for Utilities
5.5.2 Recommendations for Vendors
6. Company Directory
7. Acronym and Abbreviation List
8. Table of Contents
9. Table of Charts and Figures
10. Scope of Study, Sources and Methodology, Notes

List of Charts and Figures

Annual Revenue for Power Grid AMCM Devices and Solutions by Category, World Markets: 2014-2023
Annual Revenue for Power Grid AMCM Devices and Solutions by Region, World Markets: 2014-2023
Annual Revenue for Power Grid AMCM Devices and Solutions by Category, North America: 2014-2023
Annual Revenue for Power Grid AMCM Devices and Solutions by Category, Europe: 2014-2023
Annual Revenue for Power Grid AMCM Devices and Solutions by Category, Asia Pacific: 2014-2023
Annual Revenue for Power Grid AMCM Devices and Solutions by Category, Latin America: 2014-2023
Annual Revenue for Power Grid AMCM Devices and Solutions by Category, Middle East & Africa: 2014-2023
Annual Revenue for Transmission Substation Sensors by Region, World Markets: 2014-2023
Annual Revenue for Transmission Line Monitors by Region, World Markets: 2014-2023
Annual Revenue for Distribution Substation Sensors by Region, World Markets: 2014-2023
Annual Revenue for Distribution Line Monitors by Region, World Markets: 2014-2023
Annual Revenue for Distribution Transformer Sensors by Region, World Markets: 2014-2023
Annual Revenue for AMSs and Analytics Solutions by Region, World Markets: 2014-2023
Sensing and Monitoring in the T&D Grid, North America
Examples of Dissolved Gas Analysis Devices
Transmission Grid and Line Voltage in the United States
Example of an HV Line Sensor
Examples of Distribution Network Sensors
Examples of Distribution Feeder Devices
Examples of Pole-Top and Pad-Mounted Distribution Transformers, North America
Traditional Fault Indicator
AHC Information Flow and Analysis

List of Tables

Annual Revenue for Power Grid AMCM Devices and Solutions by Category, World Markets: 2014-2023
Annual Revenue for Power Grid AMCM Devices and Solutions by Region, World Markets: 2014-2023
Condition Monitoring in Transmission Substations by Metric, World Markets: 2014-2023
Condition Monitoring in Transmission Lines by Metric, World Markets: 2014-2023
Condition Monitoring in Distribution Substations by Metric, World Markets: 2014-2023
Condition Monitoring in Distribution Lines by Metric, World Markets: 2014-2023
Condition Monitoring in Distribution Transformers by Metric, World Markets: 2014-2023
Asset Management Systems, AMaaS, and Analytics Solutions Revenue by Type, World Markets: 2014-2023
Annual Revenue for Power Grid AMCM Devices and Solutions by Category, North America: 2014-2023
Condition Monitoring in Transmission Substations by Metric, North America: 2014-2023
Condition Monitoring in Transmission Lines by Metric, North America: 2014-2023
Condition Monitoring in Distribution Substations by Metric, North America: 2014-2023
Condition Monitoring in Distribution Lines by Metric, North America: 2014-2023
Condition Monitoring in Distribution Transformers by Metric, North America: 2014-2023
Asset Management Systems, AMaaS, and Analytics Solutions Revenue by Type, North America: 2014-2023
Annual Revenue for Power Grid AMCM Devices and Solutions by Category, Europe: 2014-2023
Condition Monitoring in Transmission Substations by Metric, Europe: 2014-2023
Condition Monitoring in Transmission Lines by Metric, Europe: 2014-2023
Condition Monitoring in Distribution Substations by Metric, Europe: 2014-2023
Condition Monitoring in Distribution Lines by Metric, Europe: 2014-2023
Condition Monitoring in Distribution Transformers by Metric, Europe: 2014-2023
Asset Management Systems, AMaaS, and Analytics Solutions Revenue by Type, Europe: 2014-2023
Annual Revenue for Power Grid AMCM Devices and Solutions by Category, Asia Pacific: 2014-2023
Condition Monitoring in Transmission Substations by Metric, Asia Pacific: 2014-2023
Condition Monitoring in Transmission Lines by Metric, Asia Pacific: 2014-2023
Condition Monitoring in Distribution Substations by Metric, Asia Pacific: 2014-2023
Condition Monitoring in Distribution Lines by Metric, Asia Pacific: 2014-2023
Condition Monitoring in Distribution Transformers by Metric, Asia Pacific: 2014-2023
Asset Management Systems, AMaaS, and Analytics Solutions Revenue by Type, Asia Pacific: 2014-2023
Physical Measurement and Applications
Other Industry Participants
Annual Revenue for Power Grid AMCM Devices and Solutions by Category, Latin America: 2014-2023
Electrical Measurement and Applications
Condition Monitoring in Transmission Substations by Metric, Latin America: 2014-2023
Condition Monitoring in Transmission Lines by Metric, Latin America: 2014-2023
Condition Monitoring in Distribution Substations by Metric, Latin America: 2014-2023
Condition Monitoring in Distribution Lines by Metric, Latin America: 2014-2023
Condition Monitoring in Distribution Transformers by Metric, Latin America: 2014-2023
Asset Management Systems, AMaaS, and Analytics Solutions Revenue by Type, Latin America: 2014-2023
Annual Revenue for Power Grid AMCM Devices and Solutions by Category, Middle East & Africa: 2014-2023
Condition Monitoring in Transmission Substations by Metric, Middle East & Africa: 2014-2023
Condition Monitoring in Transmission Lines by Metric, Middle East & Africa: 2014-2023
Condition Monitoring in Distribution Substations by Metric, Middle East & Africa: 2014-2023
Condition Monitoring in Distribution Lines, Middle East & Africa: 2014-2023
Condition Monitoring in Distribution Transformers, Middle East & Africa: 2014-2023
Asset Management Systems, AMaaS, and Analytics Solutions Revenue by Type, Middle East & Africa: 2014-2023


Read the full report:
Asset Management and Condition Monitoring

https://www.reportbuyer.com/product/2049265/Asset-Management-and-Condition-Monitoring.html

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: query@reportbuyer.com
Tel: +44 208 816 85 48
Website: www.reportbuyer.com

SOURCE ReportBuyer

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
SYS-CON Events announced today that Carbonite will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Carbonite protects your entire IT footprint with the right level of protection for each workload, ensuring lower costs and dependable solutions with DoubleTake and Evault.
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
In his opening keynote at 20th Cloud Expo, Michael Maximilien, Research Scientist, Architect, and Engineer at IBM, will motivate why realizing the full potential of the cloud and social data requires artificial intelligence. By mixing Cloud Foundry and the rich set of Watson services, IBM's Bluemix is the best cloud operating system for enterprises today, providing rapid development and deployment of applications that can take advantage of the rich catalog of Watson services to help drive insigh...
SYS-CON Events announced today that Outscale will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outscale's technology makes an automated and adaptable Cloud available to businesses, supporting them in the most complex IT projects while controlling their operational aspects. You boost your IT infrastructure's reactivity, with request responses that only take a few seconds.
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...
DevOps at Cloud Expo – being held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real r...
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs ofte...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
SYS-CON Events announced today that Hitachi Data Systems, a wholly owned subsidiary of Hitachi LTD., will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City. Hitachi Data Systems (HDS) will be featuring the Hitachi Content Platform (HCP) portfolio. This is the industry’s only offering that allows organizations to bring together object storage, file sync and share, cloud storage gateways, and sophisticated search and...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo Silicon Valley Call for Papers is now open.
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).