Super grid market forecast up to 2020

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Transparency Market Research

Single User License: Super Grid Market - Global Industry Analysis, Size, Share, Trends, Growth, And Forecast 2014 - 2020

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REPORT DESCRIPTION

Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Super Grid Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure. Increasing global demand for energy is anticipated to accelerate growth in the global super grid market. Renewable energy sources are abundant, emission-free and have a large potential to lead to a low carbon future. However, these energy sources are located far from the cities and these increases the distance of transmission lines to carry power from remotely located renewable energy sources to distribution lines. Increasing need to integrate remotely located renewable energy sources to the conventional grid is one of the major drivers of growth in the super grid market. Super grid is a technology that allows transmission of power in high volume over long distances. They are sometimes also referred to as “mega grid�. Advancement in technologies is expected to augment growth in the super grid market. The conventional grid infrastructure in most of the countries across the globe is ageing and needs modernization. Moreover, a need to improve energy security of the grid further increases demand for a more secure grids. Browse Full Report with TOC: http://www.transparencymarketresearch.com/super-grid-market.html The above mentioned factors are anticipated to play a key role in growth of the super grid market. A lack of large-sized circuit breakers having a capability to handle extreme voltages for transfer of power to remote locations has been one of the major barriers for development of schemes designed to harvest power generated from solar, offshore wind farms, remote hydroelectric plants. Development of heavy-duty circuit breakers shall allow integration of remote DC output in conventional grids which are generally based on alternating current (AC) systems. Transmission of power using high voltage direct current (HVDC) cables will enable linking of grid at country and regional level. Significant government spending in grid-scaling using HVDC transmission coupled with numerous numbers of planned projects using HVDC cables are expected to propel growth in the super grid market. Apart from the above factors, a super grid is expected to accelerate deployment of distributed renewable energy generation sources. This is likely to reduce transmission losses, which further reduces electricity cost and leads to increased competitiveness. Rising cost of raw material and delayed licensing procedures for commercialization of these technologies may hamper growth in the global super grid market. However, with rapid technological advances and increasing government interest


in the deployment of these technologies to expand their transmission and distribution infrastructure, the market is likely to grow at substantial rates in the future. The above factors are likely to offset the restraints of growth in the market. The installation of super grid will require high investment in transmission infrastructure and will lead to several operational challenges for the grid such as management of large flows of energy and maintenance of the grid. However, considering the advantages of renewable energy resources integration, lower transmission losses and lower electricity cost, investments in efficient national transmission grid could prove beneficial for countries across the globe. Regionally, the market can be segmented by geographies such as North America, Europe, Asia Pacific, and Rest of the World (RoW). North America, especially the U.S. is one of the largest markets for the super grid. Projects such as Tres Amigas converter station and others with a basic purpose to connect Western, Rasyern, and the ERCOT electric grid are some of the notable super grid (HVDC) projects in the U.S. Currently, in Europe, an organization named Friends of Supergrid is devising a long-term plan to connect Europe and North Africa using highly efficient transmission infrastructure is likely to play a key role in development of the market in the Europe. Developments of super grid and investment in HVDC are further likely to support Europe’s renewable energy goals 2030. In Asia Pacific, countries such as Japan, China, and India have shown considerable interest and invested in the HVDC transmission. Some of the key players in the global super grid market include ABB, Alstom S.A., Schneider Electric, and Siemens AG. Read More Reports on Energy and Mining Markets: http://www.transparencymarketresearch.com/energy-market-reports3.html This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

North America

Asia Pacific

Europe

Rest of the World


This report provides comprehensive analysis of

Market growth drivers

Factors limiting market growth

Current market trends

Market structure

Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. Reasons for Buying this Report

This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

It provides a six-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

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It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments


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About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Latest Upcoming Reports: http://www.transparencymarketresearch.com/upcoming.htm Follow on LinkedIn: https://www.linkedin.com/pulse/super-grid-market-2014-2020-smita-deshmukh Contact: Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com/ Browse Market Research Blogs: https://marketsresearchindustry.wordpress.com/ http://energyminingresearchreports.blogspot.in/


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