𝐂𝐥𝐢𝐜𝐤 𝐀𝐧𝐝 𝐆𝐞𝐭 𝐏𝐝𝐟 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲: https://www.theinsightpartners.com/sample/TIPRE00012739/?utm_source=Techplanet&utm_medium=10397
A Smart Grid is an electricity network based on digital technology that is used to supply electricity to consumers via two-way digital communication. This system allows for monitoring, analysis, control and communication within the supply chain to help improve efficiency, reduce energy consumption and cost, and maximize the transparency and reliability of the energy supply chain.
The Smart Grid Sensors Industry was valued at US$ 325.0 Million in 2019 and is projected to reach US$ 1,221.6 Million by 2027; it is expected to grow at a CAGR of 18.3% during 2019–2027. As the demand for energy is less among most of the residences, the grid was developed to provide electricity to the residences with monthly bills. This causes one-way interaction, which makes it difficult for the grid to respond to the changing and growing energy demands of today’s world. The introduction of smart grid presents a two-way dialogue where electricity and data can be exchanged between the customers and the utility. The growing network of controls, communications, computers, automation, and new advanced technologies and tools are making smart grids more reliable, efficient, secure, and greener.
Top Key Players:
Sentient Energy, Inc.
#smartgrids #smartcities #sensors #automation #grid #supplychain
#sensors #electricity #semiconductor #energy #semiconductormanufacturing #semiconductorindustry
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