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HNY Research projects that the Self-Healing Grid market size will grow from USD 1.75 Billion in 2017 to USD 2.95 Billion by 2023, at an estimated CAGR of 9.12%. The base year considered for the study is 2017, and the market size is projected from 2020 to 2023.

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The self-healing grid market is driven by factors such as the government policies and legislative mandates for T&D utilities, complexity in distributed energy generation, and the need for protection of electric utilities from cyber attack. The emerging markets in Asia Pacific present a great opportunity for the self-healing grid market due to significant government initiatives to promote grid modernization. The hardware segment is estimated to lead the self-healing grid market in 2019. The hardware segment is also projected to grow at the fastest rate during the forecast period due to the increasing deployment of additional sensing as well as communication devices as a part of self-healing grid solutions. In North America, the major demand for hardware is from utilities for converting a smart grid into self-healing grid. This will boost the overall hardware market for self-healing grid.

By Market Players:

ABB , Eaton , Siemens , GE , G&W , S&C , Schneider Electric , Landis+Gyr , Cisco , Infosys , Oracle , Sentient Energy,

By Component

Hardware , Software & Services,  

By Application

Distribution Lines , Transmission Lines, ,

By End-User

Public Utility , Private Utility,

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The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

Points Covered in The Report:

The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.

The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2019 and forecast data from 2020 to 2023.

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