Welcome!

IBM Cloud Authors: Liz McMillan, Elizabeth White, Pat Romanski, Yeshim Deniz, Carmen Gonzalez

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 N3N will exhibit at SYS-CON's @ThingsExpo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. N3N’s solutions increase the effectiveness of operations and control centers, increase the value of IoT investments, and facilitate real-time operational decision making. N3N enables operations teams with a four dimensional digital “big board” that consolidates real-time live video feeds alongside IoT sensor data a...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
Mobile device usage has increased exponentially during the past several years, as consumers rely on handhelds for everything from news and weather to banking and purchases. What can we expect in the next few years? The way in which we interact with our devices will fundamentally change, as businesses leverage Artificial Intelligence. We already see this taking shape as businesses leverage AI for cost savings and customer responsiveness. This trend will continue, as AI is used for more sophistica...
SYS-CON Events announced today that SourceForge has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. SourceForge is the largest, most trusted destination for Open Source Software development, collaboration, discovery and download on the web serving over 32 million viewers, 150 million downloads and over 460,000 active development projects each and every month.
SYS-CON Events announced today that Daiya Industry will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Daiya Industry specializes in orthotic support systems and assistive devices with pneumatic artificial muscles in order to contribute to an extended healthy life expectancy. For more information, please visit https://www.daiyak...
SYS-CON Events announced today that Nihon Micron will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Nihon Micron Co., Ltd. strives for technological innovation to establish high-density, high-precision processing technology for providing printed circuit board and metal mount RFID tags used for communication devices. For more inf...
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
SYS-CON Events announced today that Suzuki Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Suzuki Inc. is a semiconductor-related business, including sales of consuming parts, parts repair, and maintenance for semiconductor manufacturing machines, etc. It is also a health care business providing experimental research for...
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.
Elon Musk is among the notable industry figures who worries about the power of AI to destroy rather than help society. Mark Zuckerberg, on the other hand, embraces all that is going on. AI is most powerful when deployed across the vast networks being built for Internets of Things in the manufacturing, transportation and logistics, retail, healthcare, government and other sectors. Is AI transforming IoT for the good or the bad? Do we need to worry about its potential destructive power? Or will we...
SYS-CON Events announced today that B2Cloud will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. B2Cloud specializes in IoT devices for preventive and predictive maintenance in any kind of equipment retrieving data like Energy consumption, working time, temperature, humidity, pressure, etc.
In his session at @ThingsExpo, Greg Gorman is the Director, IoT Developer Ecosystem, Watson IoT, will provide a short tutorial on Node-RED, a Node.js-based programming tool for wiring together hardware devices, APIs and online services in new and interesting ways. It provides a browser-based editor that makes it easy to wire together flows using a wide range of nodes in the palette that can be deployed to its runtime in a single-click. There is a large library of contributed nodes that help so...
What is the best strategy for selecting the right offshore company for your business? In his session at 21st Cloud Expo, Alan Winters, U.S. Head of Business Development at MobiDev, will discuss the things to look for - positive and negative - in evaluating your options. He will also discuss how to maximize productivity with your offshore developers. Before you start your search, clearly understand your business needs and how that impacts software choices.
SYS-CON Events announced today that SIGMA Corporation will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. uLaser flow inspection device from the Japanese top share to Global Standard! Then, make the best use of data to flip to next page. For more information, visit http://www.sigma-k.co.jp/en/.
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp em...
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
There is huge complexity in implementing a successful digital business that requires efficient on-premise and cloud back-end infrastructure, IT and Internet of Things (IoT) data, analytics, Machine Learning, Artificial Intelligence (AI) and Digital Applications. In the data center alone, there are physical and virtual infrastructures, multiple operating systems, multiple applications and new and emerging business and technological paradigms such as cloud computing and XaaS. And then there are pe...
Real IoT production deployments running at scale are collecting sensor data from hundreds / thousands / millions of devices. The goal is to take business-critical actions on the real-time data and find insights from stored datasets. In his session at @ThingsExpo, John Walicki, Watson IoT Developer Advocate at IBM Cloud, will provide a fast-paced developer journey that follows the IoT sensor data from generation, to edge gateway, to edge analytics, to encryption, to the IBM Bluemix cloud, to Wa...
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, will discuss how data centers of the future will be managed, how th...