New York, May 23, 2018: The Voltage/VAR management Market is segmented on the lines of its solution and regional. Based on solution is segmented into Volt/VAR Control, Distribution Voltage Optimization, Conservation Voltage Reduction, Distribution Volt/VAR Control and Others.

    The scope of the report includes a detailed study of Voltage/VAR management Market with the reasons given for variations in the growth of the industry in certain regions.

    The Voltage/VAR management Market is expected to exceed more than US$ 680 Million by 2024 at a CAGR of 5.7% in the given forecast period.

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    The major driving factors of Voltage/VAR management Market are as follows:

    • Reduction in Transmission & Distribution Losses
    • Optimizing Power Factor
    • Lower Operational Costs

    The major restraining factors of Voltage/VAR management Market are as follows:

    • High Initial Costs

    The major opportunities factor of Voltage/VAR management Market are as follows:

    • Modernization of Aging Grid Infrastructure

    The major challenges factor of Voltage/VAR management Market are as follows:

    • Deployment of Volt/VAR Management

    The Voltage/VAR management Market has been segmented as below:

    By Solution:

    • Volt/VAR Control
    • Distribution Voltage Optimization
    • Conservation Voltage Reduction
    • Distribution Volt/VAR Control
    • Others

    This report provides:

    1) An overview of the global market for Voltage/VAR management Market and related technologies.
    2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
    3) Identifications of new market opportunities and targeted promotional plans for Voltage/VAR management Market

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    Report scope:

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report ABB, General electric company, Schneider electric, Siemens AG, Silver spring networks, Beckwith electric co., Inc., Eaton, Gridco systems, S&c electric company and Varentec. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

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    Reasons to Buy this Report:

    1) Obtain the most up to date information available on all Voltage/VAR management Market.

    2) Identify growth segments and opportunities in the industry.

    3) Facilitate decision making on the basis of strong historic and forecast of Voltage/VAR management Market.

    4) Assess your competitor’s refining portfolio and its evolution.

     

    Table of Contents

    1. Introduction
    2. Research Methodology
    3. Summary with Insights
    4. Market Overview
    5. Voltage/VAR management Market Analysis, By Solution
    6. Competitive Overview
    7. Company Profiles

    7.1    Abb

    7.2    General electric company

    7.3    Schneider electric

    7.4    Siemens ag

    7.5    Silver spring networks

    7.6    Beckwith electric co., inc.

    7.7    Eaton

    7.8    Gridco systems

    7.9    S&c electric company

    7.10    Varentec

     

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    Source: http://www.financeswire.com/voltage-var-management-market-is-supposed-to-reach-us-680-million-by-2024