Switchgear in Utilities 2.0 - How Tech is Driving the Sector Innovation

Switchgear in Utilities 2.0 - How Tech is Driving the Sector Innovation

Summary

The power & utilities sector is rapidly adopting AI, ML, and robotics to implement early warning systems, fault detection, and unmanned operation and maintenance in switchgear and sub-assets. Innovations such as digital twins and IIoT enable intelligent circuit breakers and real-time monitoring of switch cabinets, enhancing grid efficiency and ensuring uninterrupted power supply. This transformation aims to optimize power distribution, reduce human intervention, and create a more efficient and reliable power system. GlobalData's FutureTech Series Report, 'Switchgear in Utilities 2.0: how tech is driving the sector innovation’, categorizes key innovation areas in power & utilities as emerging, accelerating, and maturing based on their rate of growth in innovation. It also casts light on switchgear-related recent developments, strategic partnerships, company filings, patent publications, and real-world innovations. The awareness, knowledge, and expertise in these areas can transform business models, decision-making, and strategic thinking that directly influence research and development, collaboration, acquisition, and investment decisions.

Key Highlights

Switchgear-related news, deals, patent landscape related to switchgear and its sub-assets, real-world innovations, as well as select innovation areas in power & utilities and the disruptive potential of select innovation areas as highlighted by their innovation landscape and key players.

Scope

• Related news – provides switchgear-related updates on various technologies including digital twins, artificial intelligence and machine learning (AI and ML), industrial internet of things (IIoT), smartification of analogue assets, robotics (ground and applied), and remote and predictive maintenance.
• Partnerships and company filings – highlights strategic partnerships and select company filings related to switchgear.
• Patent Landscape Analysis – focuses on patent grants and publications in the domain of switchgear and its technology sub-assets, including circuit breakers, switches, instrumental transformers, reclosers, protection relays, busbars, and control systems or control panels. Additionally, it explores emerging technologies such as artificial intelligence and machine learning (AI and ML), digital twins, communication technologies, industrial internet of things (IIoT), smartification of analogue assets, robotics (ground and applied), drones, and remote and predictive maintenance. The examination also encompasses publications by top authorities and noteworthy patents in these areas.
• Real-world Innovations – showcases tangible innovations and breakthroughs in the realm of switchgear.
• Key disruptive forces in the power & utilities sector – explores the emerging, accelerating, and maturing innovation areas with disruptive potential in power & utilities, along with the key players.
• Market players – presents the market share, IT spend, and the spend for select technologies of select transformer OEMs.

Reasons to Buy

• GlobalData’s FutureTech Series Reports are aimed at capturing futuristic technologies which have the potential to disrupt tomorrow. These technologies are constantly changing, adapting, and progressing to enable a paradigm shift in our daily lives. The awareness, knowledge, and expertise of these topics help transform business models and strategic thinking with an in-depth understanding of megatrends that can directly influence patenting, collaboration, acquisition, and investment decisions.