persistence market reaserch

Global Market Study on Smart Grid Sensors: Smart Energy Meter Application Segment Anticipated to Exhibit High Attractiveness Index During 2017–2025

Persistence Market Research’s latest report on the global smart grid sensor market projects that the market, which is presently valued valued at nearly US$ 174 Mn in 2017, will reach nearly US$ 1,450 Mn by 2025 end. Sales revenue is expected to exhibit a CAGR of 30.3% during the forecast period (2017–2025):

https://www.persistencemarketresearch.com/market-research/smart-grid-sensor-market.asp

Increasing R&D expenditure is aiding the market growth of smart grid sensors in North America

Advancement in measurement science and standards for smart grid technologies is resulting in increasing expenditure on research and development. These new methods and standards are being developed to enhance the potential of smart grid sensors. Demand for these grid sensors is increasing and thus, innovation in the technology for grids is necessary. This is one of the driving factors for the growth of the smart grid sensor market in the region. For instance, Emera Inc., which is a utility service company based in Canada, is investing US$ 6.2 million in setting up a research center for smart grid technologies at the University of New Brunswick.

Weather changes in North America are driving the growth of the smart grid sensor market

Extreme weather conditions is one of the leading cause for power outage in the North America region. Several power companies in the country feel that extreme weather events are driving growth of the smart grid sensor market. Heat waves, blizzards, hurricanes, and other severe weather events have shown numerous vulnerabilities in the U.S. power grid system by encouraging blackouts and massive power outages throughout the country. The concerns regarding system flaws are increasing and this is resulting in increasing investment in smart grid sensors.

Smart grid safety and security concerns may act as a restraint to the smart grid sensor market

The smart grid is a next-generation power system that is increasingly attracting the attention of government and industries. In smart-grid technology, the utilities play a significant role, which introduces new security challenges that must be addressed. Various issues such as grid instability, utility fraud, and loss of user information and energy-consumption data are hindering growth of the market in the region. For instance, smart meters autonomously collect massive amounts of data and transport it to the utility company, consumer, and service providers. This data includes private consumer information that might be used to infer consumer activities, devices being used, and times when the home is vacant.

Global Smart Grid Sensor Market Analysis 2012–2016 and Forecast 2017–2025, By Application

In terms of value, the smart energy meter segment in the global smart grid sensor market registered a CAGR of 32% from 2012–2016 and is expected to exhibit a CAGR of 29.4% from 2017–2025. In 2016, the smart energy meter segment in the global smart grid sensor market was valued at US$ 53.3 Mn and is projected to reach US$ 565.8 Mn by the end of 2025. The smart energy meter segment is expected to create incremental opportunity of US$ 493.8 Mn between 2017 and 2025.

Older version power grids in the U.S. provide a huge opportunity in the smart grid sensor market

Climate change policies and improvements in technology are resulting in electricity generation from low-carbon or no-carbon renewable sources such as solar, wind, and hydro energy. In the U.S., renewable power sources have witnessed a significant increase in the recent past, but the old version of electrical grids are not capable of integrating these into energy use and hence a large amount of potential power is wasted. Due to this, the governments in the region are focusing on upgrading their conventional grids resulting in growth of the smart grid sensor market in the region. In May 2016, The US Department of Energy announced a US$ 220 Mn funding for projects from a host of national laboratories to help upgrade the country’s power grid over the next three years.

Solar photovoltaic distributed generation is gaining popularity in the Latin America region

Solar photovoltaic distributed generation is gaining momentum in Latin America. In Brazil, the government has set a goal of achieving 3.5 gigawatts of solar capacity by 2023 end. These smaller sources of renewable energy generation are expected to challenge the non-renewable energy sources. Moreover, local governments are initiating solutions by providing electricity to isolated areas. For instance, in November 2016, a solar auction was held in Brazil and the winners obtained a 20-year power purchase contract.

 

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Metrycom reports deployments in South America, Europe, North America and Australia

September 5, 2016

Metrycom Communication Ltd., reported today on additional deployments of its systems in South America, Europe, North America, China and Australia.

The company enables power utilities to gain better visibility on their transmission and distribution lines, detect and predict faults, and use the acquired online data and the analytics software in order to introduce methods of predictive maintenance. Metrycom’s systems have demonstrated a reliable operation in the field in different environmental conditions, including in frozen locations with extremely low temperatures, and in very high temperatures in the desert. The products demonstrated capability to reliably use diverse powering methods, including by induction from power lines, miniature solar panels, and also powering solely on primary batteries that were designed to operate for more than 10 years in extreme field conditions without requiring a replacement. Metrycom’s wireless product are using a multiple radio types that were optimized to different countries, and the company lately released a long range radio which was design and certified for the USA, reaching more than 10km between sensors.

About Metrycom

Since 2008, Metrycom has been providing rapidly deployed ultra-low power consumption wireless sensor solutions for large area applications. We enable power utilities to gain better visibility on their transmission and distribution lines, which suffer from isolator strings contamination and faults, typically in remote locations. In 2010 Metrycom teamed up with the IEC, to utilize the experience and knowledge of both companies for the development of an inexpensive and practical solutions which resulted in a complete sensing and radio solution for high voltage lines that could be deployed live in on transmission lines.

Metrycom’s proprietary sensor solutions are now deployed by  power utilities worldwide for fault locating on long distance transmission and distribution lines. Through its sensor and data analysis technologies, Metrycom leads high voltage line monitoring and Smart T&D Grids sectors.

 

 

 

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Metrycom has Exhibited at Distributech 2015 in San Diego

February 6, 2015

 

Metrycom Communication Ltd., a leading T&D Grid Monitoring Company participated in the the 2015 edition of the Distributech Conference and Exhibition in San Diego from February 3rd to 5th 2015.

During the exhibition, Metrycom showcased its latest products and solutions, which are now deployed in several key markets. The MetrySense family of remote T&D monitoring solutions have undergone further development during the past 12 months and successfully empower utilities companies with a wide range of remote monitoring sensors and a powerful analytics and visualization platform designed to enhance operations while lowering overall costs.

In addition to their advanced monitoring capabilities, MetrySense solutions are low-cost and integrate seamlessly existing infrastructures, thus allowing for the rapid offsetting of capital expenditure.

Metrycom’s engineers have tirelessly worked to develop a modular T&D monitoring system that has elevated the comprehensive MetrySense family of products and solutions into a class of its own with currently little or no competition in the sector.

Since 2008, Metrycom has been developing and deploying ultra-low power wireless sensor solutions for large area applications. The company enables power utilities to gain better visibility on their transmission and distribution lines, which suffer from isolator strings contamination and faults, typically in remote locations.

Our objective is to further develop our global client base and we are pleased to be able to participate in one of the world’s leading T&D event.

DistribuTECH is the largest U.S. event that covers the utility industry from end-to-end with 10,000 attendees and more than 480 exhibitors. In past years, San Diego has delivered the event’s highest-ever attendance numbers and the 2015 event is forecast to be no exception.

 

 

About Metrycom

Since 2008, Metrycom has been providing rapidly deployed ultra-low power consumption wireless sensor solutions for large area applications. We enable power utilities to gain better visibility on their transmission and distribution lines, which suffer from isolator strings contamination and faults, typically in remote locations. In 2010 Metrycom teamed up with IEC to utilize the experience and knowledge of both companies for the development of an inexpensive and practical solutions which resulted in a complete sensing and radio solution for high voltage lines that could be deployed live in on transmission lines.

Metrycom’s proprietary sensor solutions are now deployed by power utilities worldwide for fault locating on long distance transmission and distribution lines, especially in remote rural areas. Through its sensor and data analysis technologies, Metrycom leads high voltage line monitoring and Smart T&D Grids sectors.

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Metrycom Participated in a Delegation Visit to China Electric Power Research Institute (CEPRI)

Beijing, China, April 3, 2014

Metrycom’s CEO Liron Frenkel participated in a delegation of companies that visited CEPRI. The Delegation comprised of General Managers and CTOs from 5 companies – GridOn, MTR, Nortex, MetryCom and RAD and was led by Mr. Hovov Ref, Counselor (Economic & Commercial Affairs ) and Mr. Elad Shaviv, CEO of the ISEA. The delegation also visited the UHV DC test base of State Grid Corp of China. Metrycom and CEPRI discussed possible cooperation between the companies in the field of monitoring contamination of high voltage insulators and fault detection in high and medium voltage power grids.

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Metrycom presents innovative tech at CleanTech Forum

SAN FRANCISCO, USA, March 2014:

The Cleantech Forum:  Metrycom was selected to participate and present its innovative technology during a session titled: Small Country, Big Dreams:  the CleanTech Industry. The session addressed the efforts in the general field of Cleantech, clean energy and technologies that enable to upgrade and improve energy infrastructures.

The Cleantech Forum, founded and managed by the Cleantech Group has emerged to become one of the most prestigious conferences in the area of Cleantech.

http://events.cleantech.com/sanfrancisco/

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Metrycom has been nominated among 14 companies to watch by Smart Grid News

Feb 5, 2014

Metrycom Communication Ltd., a leading T&D Grid Monitoring Company announced that it was selected to the “14 Smart Grid Companies to Watch in 2014” by Smart Grid News, a leading provider of news and analyses for the modernization and automation of electric power.

Since 2008, Metrycom has been providing rapidly deployed ultra-low power wireless sensor solutions for large area applications. The company enables power utilities to gain better visibility on their transmission and distribution lines, which suffer from insolator strings contamination and faults, typically in remote locations. Metrycom developed its unique industrial grade solutions in close cooperation with IEC Corporation, which provides access to live grid, actual data and precious experience.

Today Metrycom provides power utilities world-wide proven, resilient, field tested connectivity solutions for monitoring high voltage transmission and distribution grids. Its solutions include low-power, long-lasting, self configurable mesh radio networks, remote units connected to smart sensors, sophisticated detection algorithms for the evolution of electrical arches over contaminated isolator strings and easy-to-use monitoring software to be used in control rooms of power utilities.

Metrycom is committed to become a center of excellence where innovative technologies are developed and combined into sophisticated in-expensive solutions required to solve the needs of electrical utilities in improving grid visibility, reducing maintenance costs, increasing safety and modernizing equipment.

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Metrycom at the Smart Grid Forum 2012

Sao Paulo, BRAZIL, October 17, 2012, Smart Grid Forum

Metrycom held its first booth in an important international Smart Grid event, where it presented its products and their advantage for rural networks. During the event Eran Edri, Metrycom’s Vice President of Sales and Marketing met several Brazilian electrical power companies and vendors. Following this event the company partnered with a Brazilian company through which it began relationships with several potential customers in Brazil. (www.smartgrid.com.br )

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Smart Grid News announces 2014 winners

February 5, 2014

We have our winners in the Smart Grid Companies to Watch in 2014 competition. As is usually the case, there is a mix of familiar names and that may not be so familiar. Many thanks to all of the nominees and the readers who participated in the voting. And congratulations to our winners.

They companies are: Accenture, Comverge, Demansys Energy LLC, Leidos, N-Dimension Solutions, Metrycom, Open Access Technology International, Pulse Energy, Retroficiency, Sensus, Sentient Energy, Group Structure, Trilliant, Verdeeco.

Read more at http://bit.ly/SXjuq8

 

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Metrycom delegation participates in Distributech

SAN ANTONIO, Texas, USA,  Jan 2012, Distributech – (www.distributech.com)

Metrycom’s delegation participated in Distributech 2012, which was help in San Atnonio, Texas and met distributors and system integrators (Sis) from the US and from around the world, who expressed their interest in Metrycom’s products and request to be informed as to the firm’s evolution and when its products are operationally deployed by electrical utilities.

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Bucharest, September 2011, International Conference on Condition Monitoring, Diagnosis and Maintenance (CMDM 2011):

Liron Frenkel, founder and CEO of Metrycom presented the results of the research carried out together with Alexander Levinzon, Dr.Daniel Kottick, and Dr. Roman Kuijnik of IEC Corporation on Online Wireless PD Monitoring System for Detection of Contamination over High Voltage Power Overhead Transmission Lines. (http://www.cmdm2011.org/)

Abstract:

Contaminated insulators in polluted areas may lead to flashovers and outages if they are not cleaned periodically. Resulting power sags and power interruptions can cause considerable loss of capital to the industry and penalties to electric utilities, as there are numerous industries that depend upon the availability of an uninterrupted power supply. This paper presents an online wireless PD sensing system for predicting flashovers over insulator strings of high voltage transmission lines using an online wireless sensor network, and provides preliminary results from tests, which are now conducted by IEC Corporation.