Smart Grid Technology - Advantages And Future Market

What is Smart Grid...?

Short And Sweet Answer:- Smart Grid = IT + Electric Grid

So Smart grid technology is optimal utilization of  electricity delivery system using Computer based remote control and automation.up til now computers are used in various other industries to improve overall performance,security,efficiency etc.now these computer systems are also used in Electricity networks,from the power plants,wind farms to the consumers homes and businesses.
 

Because of these systems now a days we can think about two way digital communications technologies.along with they offer various other benefits to utilities and consumers like energy efficiency and reliability on the electricity grid and in energy users’ homes and offices.

 

Drawback of Traditional Power Grid :(One-way flow Of electricity)

1. Centralized
2. bulk generation
3. Heavy reliance on coal and oil
4. Limited automation
5. Limited situational awareness
6. Consumers lack data to manage energy usage

What Is Future..?

Future is nothing else than the Smart grid that is Two-Way Flow Of Electricity And Information.

Two-Way Flow Of Electricity And Information 

 

Smart Grid Benefits:

1. Improving Power Reliability and Quality
2. Minimizing the Need to Construct Back-up (Peak Load) Power Plants
3. Enhancing the capacity and efficiency of existing electric grid
4. Improving Resilience to Disruption and Being Self-Healing
5. Expanding Deployment of Renewable and Distributed Energy Sources
6. Automating maintenance and operation
7. Reducing greenhouse gas emissions
8. Reducing oil consumption
9. Enabling transition to plug-in electric vehicles
10. Increasing consumer choice

Smart Grid Technology Market  :

According to a new market research report “Smart Grid Technology Market - Analysis & Global Forecast By Hardware, Software & Communication Network Technologies (2011 - 2016)” published by MarketsandMarkets (www.marketsandmarkets.com), the total smart grid technology and related application market is expected to reach $80.6 billion by 2016 at a CAGR of 28.7% from 2011 to 2016.

 

source:www.marketsandmarkets.com

Main Players Of This Market :

1. Landys+Gyr (U.S.)
2. Itron (U.S.)
3. Cisco (U.S.)
4. eMeter (U.S.)
5. Telvent (U.S.)

FOR DETAIL REPORT :  CLICK HERE

Laser Technologies By Type , Components & Applications Market

What is Laser and how it works...?

A LASER is an acronym which means light amplification by stimulated emission of radiation . so we can say laser is nothing but a device that emits light through optical amplification process which is based on stimulated emission of electromagnetic radiation.

Basically lasers are devices which produce intense beams of light which are coherent,monochromatic and highly collimated .

lasers have extremely pure(monochromatic) wavelength compared with other source of lights. all of the photons (energy) that

make up the laser beam have a fixed phase relationship (coherence)

with respect to one another.laser light has very low divergence so it travel over great distance or can be focused to a very small tight spot with very high brightness power.because of all these properties lasers are used in variety of applications in day today life.

Working of lasers is based on  quantum physics when atom stuck by light waves begin to vibrate and it will cause electrons to jump to higher level until the atoms reach an excited state. when atom begin to relax, their energy is released in the form of photons, which are simply pockets of light energy. 

Characteristics Of Laser:

1. Monochromatic
2. Directional
3. Coherent

Applications  Of Laser :

1. Aircraft Mounted Laser Targeting System
2. Laser Cutting
3. Laser welding
4. Laser used in eye surgery
5. Laser Dentistry
6. Laser Bar Code Scanning
7. Telescope Calibration
8. Laser Printing
9. Laser Disk Drive
10. fiber optic Cable

Market Of Laser Technology:

• On The Basis Of Product Type

The laser type market is Segmented into six categories:

1. CO2 lasers
2. Fiber lasers
3. Solid-state lasers
4. Diode lasers
5. Dye lasers
6. Excimer lasers

• On The Basis Of Application

The application market is segmented into:

1. Industrial applications
2. Medical applications
3. Military and commercial applications

• On The Basis Of Geography

1. North America
2. Europe
3. APAC
4. ROW 

The Various Companies Currently Involved In Laser Market :

1. Coherent (U.S.)
2. IPG Photonics (U.S.)
3. Newport Corporation (U.S.)
4. Rofin-Sinar (Germany)
5. TRUMPF (U.S.)

Source: marketsandmarkets.com

According to a new market research report “Laser Technologies, Components & Applications Market – Global Forecast & Analysis (2012 – 2017)” the total laser market is expected to reach $19.88 billion by 2017 at a CAGR of 19.2% from 2012 to 2017.

For Detail Report : CLICK HERE