Welcome!

Websphere Authors: Carmen Gonzalez, Roger Strukhoff, Ajay Budhraja, Mustafa Kapadia, Lori MacVittie

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 Matrix.org has been named “Silver Sponsor” of Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Matrix is an ambitious new open standard for open, distributed, real-time communication over IP. It defines a new approach for interoperable Instant Messaging and VoIP based on pragmatic HTTP APIs and WebRTC, and provides open source reference implementations to showcase and bootstrap the new standard. Our focus is on simplicity, security, and supporting the fullest feature set.
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at Internet of @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, will discuss how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.

SUNNYVALE, Calif., Oct. 20, 2014 /PRNewswire/ -- Spansion Inc. (NYSE: CODE), a global leader in embedded systems, today added 96 new products to the Spansion® FM4 Family of flexible microcontrollers (MCUs). Based on the ARM® Cortex®-M4F core, the new MCUs boast a 200 MHz operating frequency and support a diverse set of on-chip peripherals for enhanced human machine interfaces (HMIs) and machine-to-machine (M2M) communications. The rich set of periphera...

SYS-CON Events announced today that Aria Systems, the recurring revenue expert, has been named "Bronze Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Aria Systems helps leading businesses connect their customers with the products and services they love. Industry leaders like Pitney Bowes, Experian, AAA NCNU, VMware, HootSuite and many others choose Aria to power their recurring revenue business and deliver exceptional experiences to their customers.
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce the value of the network in helping organizations to maximize their company’s cloud experience.
The Internet of Things (IoT) is making everything it touches smarter – smart devices, smart cars and smart cities. And lucky us, we’re just beginning to reap the benefits as we work toward a networked society. However, this technology-driven innovation is impacting more than just individuals. The IoT has an environmental impact as well, which brings us to the theme of this month’s #IoTuesday Twitter chat. The ability to remove inefficiencies through connected objects is driving change throughout every sector, including waste management. BigBelly Solar, located just outside of Boston, is trans...
SYS-CON Events announced today that Matrix.org has been named “Silver Sponsor” of Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Matrix is an ambitious new open standard for open, distributed, real-time communication over IP. It defines a new approach for interoperable Instant Messaging and VoIP based on pragmatic HTTP APIs and WebRTC, and provides open source reference implementations to showcase and bootstrap the new standard. Our focus is on simplicity, security, and supporting the fullest feature set.
Predicted by Gartner to add $1.9 trillion to the global economy by 2020, the Internet of Everything (IoE) is based on the idea that devices, systems and services will connect in simple, transparent ways, enabling seamless interactions among devices across brands and sectors. As this vision unfolds, it is clear that no single company can accomplish the level of interoperability required to support the horizontal aspects of the IoE. The AllSeen Alliance, announced in December 2013, was formed with the goal to advance IoE adoption and innovation in the connected home, healthcare, education, aut...
SYS-CON Events announced today that Red Hat, the world's leading provider of open source solutions, will exhibit at Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the connective hub in a global network of enterprises, partners, a...
The only place to be June 9-11 is Cloud Expo & @ThingsExpo 2015 East at the Javits Center in New York City. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT & Big Data companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterprise. Speakers from all over the world will be hand-picked for their ability to explore the economic strategies that utility/cloud computing provides. Whether public, private, or in a hybrid form, clo...
Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation and integration; and visibility through intelligent business operations and big data.
The Transparent Cloud-computing Consortium (abbreviation: T-Cloud Consortium) will conduct research activities into changes in the computing model as a result of collaboration between "device" and "cloud" and the creation of new value and markets through organic data processing High speed and high quality networks, and dramatic improvements in computer processing capabilities, have greatly changed the nature of applications and made the storing and processing of data on the network commonplace.
Be Among the First 100 to Attend & Receive a Smart Beacon. The Physical Web is an open web project within the Chrome team at Google. Scott Jenson leads a team that is working to leverage the scalability and openness of the web to talk to smart devices. The Physical Web uses bluetooth low energy beacons to broadcast an URL wirelessly using an open protocol. Nearby devices can find all URLs in the room, rank them and let the user pick one from a list. Each device is, in effect, a gateway to a web page. This unlocks entirely new use cases so devices can offer tiny bits of information or simple i...
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce the value of the network in helping organizations to maximize their company’s cloud experience.
Things are being built upon cloud foundations to transform organizations. This CEO Power Panel at 15th Cloud Expo, moderated by Roger Strukhoff, Cloud Expo and @ThingsExpo conference chair, will address the big issues involving these technologies and, more important, the results they will achieve. How important are public, private, and hybrid cloud to the enterprise? How does one define Big Data? And how is the IoT tying all this together?
TechCrunch reported that "Berlin-based relayr, maker of the WunderBar, an Internet of Things (IoT) hardware dev kit which resembles a chunky chocolate bar, has closed a $2.3 million seed round, from unnamed U.S. and Switzerland-based investors. The startup had previously raised a €250,000 friend and family round, and had been on track to close a €500,000 seed earlier this year — but received a higher funding offer from a different set of investors, which is the $2.3M round it’s reporting."
The Industrial Internet revolution is now underway, enabled by connected machines and billions of devices that communicate and collaborate. The massive amounts of Big Data requiring real-time analysis is flooding legacy IT systems and giving way to cloud environments that can handle the unpredictable workloads. Yet many barriers remain until we can fully realize the opportunities and benefits from the convergence of machines and devices with Big Data and the cloud, including interoperability, data security and privacy.
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. Over the summer Gartner released its much anticipated annual Hype Cycle report and the big news is that Internet of Things has now replaced Big Data as the most hyped technology. Indeed, we're hearing more and more about this fascinating new technological paradigm. Every other IT news item seems to be about IoT and its implications on the future of digital busines...
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...
The Internet of Things needs an entirely new security model, or does it? Can we save some old and tested controls for the latest emerging and different technology environments? In his session at Internet of @ThingsExpo, Davi Ottenheimer, EMC Senior Director of Trust, will review hands-on lessons with IoT devices and reveal privacy options and a new risk balance you might not expect.