Welcome!

Websphere Authors: Elizabeth White, Trevor Parsons, Pat Romanski, Carmen Gonzalez, 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
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what the future may hold. Mike Kavis is Vice President & Principal Cloud Architect at Cloud Technology Pa...
Dale Kim is the Director of Industry Solutions at MapR. His background includes a variety of technical and management roles at information technology companies. While his experience includes work with relational databases, much of his career pertains to non-relational data in the areas of search, content management, and NoSQL, and includes senior roles in technical marketing, sales engineering, and support engineering. Dale holds an MBA from Santa Clara University, and a BA in Computer Science from the University of California, Berkeley.
The Internet of Things (IoT) is rapidly in the process of breaking from its heretofore relatively obscure enterprise applications (such as plant floor control and supply chain management) and going mainstream into the consumer space. More and more creative folks are interconnecting everyday products such as household items, mobile devices, appliances and cars, and unleashing new and imaginative scenarios. We are seeing a lot of excitement around applications in home automation, personal fitness, and in-car entertainment and this excitement will bleed into other areas. On the commercial side, m...
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Performance is the intersection of power, agility, control, and choice. If you value performance, and more specifically consistent performance, you need to look beyond simple virtualized compute. Many factors need to be considered to create a truly performant environment. In his General Session at 15th Cloud Expo, Harold Hannon, Sr. Software Architect at SoftLayer, discussed how to take advantage of a multitude of compute options and platform features to make cloud the cornerstone of your online presence.
SYS-CON Media announced that Splunk, a provider of the leading software platform for real-time Operational Intelligence, has launched an ad campaign on Big Data Journal. Splunk software and cloud services enable organizations to search, monitor, analyze and visualize machine-generated big data coming from websites, applications, servers, networks, sensors and mobile devices. The ads focus on delivering ROI - how improved uptime delivered $6M in annual ROI, improving customer operations by mining large volumes of unstructured data, and how data tracking delivers uptime when it matters most.
Cultural, regulatory, environmental, political and economic (CREPE) conditions over the past decade are creating cross-industry solution spaces that require processes and technologies from both the Internet of Things (IoT), and Data Management and Analytics (DMA). These solution spaces are evolving into Sensor Analytics Ecosystems (SAE) that represent significant new opportunities for organizations of all types. Public Utilities throughout the world, providing electricity, natural gas and water, are pursuing SmartGrid initiatives that represent one of the more mature examples of SAE. We have s...
Since 2008 and for the first time in history, more than half of humans live in urban areas, urging cities to become “smart.” Today, cities can leverage the wide availability of smartphones combined with new technologies such as Beacons or NFC to connect their urban furniture and environment to create citizen-first services that improve transportation, way-finding and information delivery. In her session at @ThingsExpo, Laetitia Gazel-Anthoine, CEO of Connecthings, will focus on successful use cases.
The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. In her session at @ThingsExpo, Esmeralda Swartz, CMO of MetraTech, discussed how for this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete at launch. DevOps may be disruptive, but it is essential.
“With easy-to-use SDKs for Atmel’s platforms, IoT developers can now reap the benefits of realtime communication, and bypass the security pitfalls and configuration complexities that put IoT deployments at risk,” said Todd Greene, founder & CEO of PubNub. PubNub will team with Atmel at CES 2015 to launch full SDK support for Atmel’s MCU, MPU, and Wireless SoC platforms. Atmel developers now have access to PubNub’s secure Publish/Subscribe messaging with guaranteed ¼ second latencies across PubNub’s 14 global points-of-presence. PubNub delivers secure communication through firewalls, proxy ser...
The industrial software market has treated data with the mentality of “collect everything now, worry about how to use it later.” We now find ourselves buried in data, with the pervasive connectivity of the (Industrial) Internet of Things only piling on more numbers. There’s too much data and not enough information. In his session at @ThingsExpo, Bob Gates, Global Marketing Director, GE’s Intelligent Platforms business, to discuss how realizing the power of IoT, software developers are now focused on understanding how industrial data can create intelligence for industrial operations. Imagine ...
The true value of the Internet of Things (IoT) lies not just in the data, but through the services that protect the data, perform the analysis and present findings in a usable way. With many IoT elements rooted in traditional IT components, Big Data and IoT isn’t just a play for enterprise. In fact, the IoT presents SMBs with the prospect of launching entirely new activities and exploring innovative areas. CompTIA research identifies several areas where IoT is expected to have the greatest impact.
Connected devices and the Internet of Things are getting significant momentum in 2014. In his session at Internet of @ThingsExpo, Jim Hunter, Chief Scientist & Technology Evangelist at Greenwave Systems, examined three key elements that together will drive mass adoption of the IoT before the end of 2015. The first element is the recent advent of robust open source protocols (like AllJoyn and WebRTC) that facilitate M2M communication. The second is broad availability of flexible, cost-effective storage designed to handle the massive surge in back-end data in a world where timely analytics is e...
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
The Internet of Things promises to transform businesses (and lives), but navigating the business and technical path to success can be difficult to understand. In his session at @ThingsExpo, Sean Lorenz, Technical Product Manager for Xively at LogMeIn, demonstrated how to approach creating broadly successful connected customer solutions using real world business transformation studies including New England BioLabs and more.
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The Internet of Things will put IT to its ultimate test by creating infinite new opportunities to digitize products and services, generate and analyze new data to improve customer satisfaction, and discover new ways to gain a competitive advantage across nearly every industry. In order to help corporate business units to capitalize on the rapidly evolving IoT opportunities, IT must stand up to a new set of challenges. In his session at @ThingsExpo, Jeff Kaplan, Managing Director of THINKstrategies, will examine why IT must finally fulfill its role in support of its SBUs or face a new round of...