Market research

The Emerging Self Healing Grid Market and Its Segment Distribution and transmission systems are growing complex due to the integration of conventional power sources such as thermal power and non-conventional power sources including solar, wind, and hydro among others. Self healing grids are essential and are in demand owing to higher reliability, stability, and efficiency. Self healing grids establish communication with all of its four components which include generation, transmission, distribution, and consumers. The global self healing grid market is significantly driven by increasing cyber attacks on national grids. Also, the ability to anticipate and respond to system disturbances within limited time frame, is augmenting the demand for self healing grids across all geographic regions. Moreover, complexities in integrating different power sources such as solar, hydro, wind, and tidal among others into a common grid, is heightening the market growth of self heali...