Volt/VAR Management and Optimization Technologies

Software and Analytics Solutions, Capacitor Controls, Voltage Regulator Controls, and Load Tap Changer Controls: Global Market Analysis and Forecasts

Utilities charged with delivering reliable power have long endeavored to improve power quality, manage power factor, and maintain voltage levels within allowed limits. Today, with rising penetration of distributed generation (DG) and increasing attention focused on energy efficiency, demand response (DR), and renewable energy integration, the task of managing the distribution network, including voltage and volt-ampere reactive power (VAR) levels, is becoming increasingly complex.

At the same time, technological advances in the form of intelligent controls, advanced communication systems, and sophisticated data and analytics solutions are enabling utilities to manage voltage and reactive power as never before. Using intelligent electronic devices and advanced algorithms, utilities can now control voltage and VAR levels in real-time to optimize power flows, reduce energy consumption, and manage challenges that arise with high penetration of distributed energy resources (DER). According to Navigant Research, global annual Volt/VAR control and optimization revenue is expected to grow from $415.0 million in 2017 to $768.7 million in 2026.

This Navigant Research report examines the market for Volt/VAR management and optimization technologies. The study focuses on controls for voltage- and VAR-regulating devices (capacitor controls, voltage regulator controls, and load tap changer controls) and the software and analytics systems used to manage and optimize voltage and reactive power levels across the distribution network. It also outlines the major drivers behind demand for Volt/VAR management systems. Global market forecasts, broken out by technology segment, system type, and region, extend through 2026. Finally, the report examines the key technology segments and software system categories related to Volt/VAR management and optimization, as well as the competitive landscape.

Key Questions Addressed:
  • What key forces are driving the market for Volt/VAR control and optimization solutions?
  • What barriers are inhibiting the deployment of advanced Volt/VAR control and optimization solutions?
  • How will the rising penetration of distributed generation influence the market for Volt/VAR control and optimization technologies?
  • How does the market for Volt/VAR control and optimization technologies vary by region?
  • How do software and analytics systems for Volt/VAR management vary?
  • How are the markets for different software and analytics system types expected to evolve?
Who needs this report?
  • Smart grid hardware and software providers
  • Distribution system operators
  • Utilities
  • Government agencies
  • Non-governmental organizations
  • Investor community

Table of Contents

1. Executive Summary

1.1  Introduction

1.2  Report Scope

1.3  Global Outlook

2. Market and Technology Issues

2.1  Market Overview

2.2  Market Drivers

2.2.1  Grid Performance and Reliability

2.2.2  Energy Savings

2.2.3  DER Integration

2.3  Market Barriers

2.3.1  Regulatory Framework

2.3.2  Competing Grid Modernization Priorities

2.4  Technology Overview

2.4.1  Key Volt/VAR Management Technologies

2.4.2  Hardware-Based, Localized Volt/VAR Management Systems

2.4.3  Software-Based, Centralized Volt/VAR Management Systems

2.4.3.1  Traditional Software-Based Volt/VAR Management Systems

2.4.3.2  AMI-Enabled Software-Based Volt/VAR Management Systems

2.4.3.3  DER-Enabled Software-Based Volt/VAR Management Systems

2.4.3.4  LV Software-Based Volt/VAR Management Systems

3. Key Industry Players

3.1  Vendor Overview

3.1.1  ABB

3.1.2  Advanced Control Systems

3.1.3  Beckwith Electric

3.1.4  Dominion Voltage, Inc.

3.1.5  Eaton (Cooper Power Systems)

3.1.6  GE

3.1.7  Gridco Systems

3.1.8  OATI

3.1.9  Open Systems International

3.1.10  Schneider Electric

3.1.11  Siemens

3.1.12  Survalent Technology

3.1.13  Utilidata

3.1.14  Varentec

4. Market Forecasts

4.1  Market Forecast Methodology

4.2  Global Market Outlook

4.3  Regional Analysis

4.3.1  North America

4.3.2  Europe

4.3.3  Asia Pacific

4.3.4  Latin America

4.3.5  Middle East & Africa

4.4  Conclusions and Recommendations

5. Acronym and Abbreviation List
6. Table of Contents
7. Table of Charts and Figures
8. Scope of Study, Sources and Methodology, Notes

List of Charts and Figures

  • Illustration of Hardware-Based, Localized Control vs. Software-Based, Centralized Control System
  • Illustration of Centralized VVO System Engaging Traditional Field Devices
  • Volt/VAR Control and Optimization Revenue by Region, World Markets: 2017-2026
  • Volt/VAR Control and Optimization Revenue by Technology Segment, World Markets: 2017-2026
  • Volt/VAR Software & Analytics Revenue by Region, World Markets: 2017-2026
  • Volt/VAR Control and Optimization Revenue by Technology Segment, North America: 2017-2026
  • Volt/VAR Software & Analytics Revenue by System Type, North America: 2017-2026
  • Volt/VAR Control and Optimization Revenue by Technology Segment, Europe: 2017-2026
  • Volt/VAR Software & Analytics Revenue by System Type, Europe: 2017-2026
  • Volt/VAR Control and Optimization Revenue by Technology Segment, Asia Pacific: 2017-2026
  • Volt/VAR Software & Analytics Revenue by System Type, Asia Pacific: 2017-2026
  • Volt/VAR Control and Optimization Revenue by Technology Segment, Latin America: 2017-2026
  • Volt/VAR Software & Analytics Revenue by System Type, Latin America: 2017-2026
  • Volt/VAR Control and Optimization Revenue by Technology Segment, Middle East & Africa: 2017-2026
  • Volt/VAR Software & Analytics Revenue by System Type, Middle East & Africa: 2017-2026

List of Tables

  • Field Device Controls Used for Volt/VAR Management and Optimization
  • Software & Analytics System Configurations Used for Volt/VAR Management and Optimization
  • Volt/VAR Control and Optimization Revenue by Region, World Markets: 2017-2026
  • Volt/VAR Control and Optimization Revenue by Technology Segment, World Markets: 2017-2026
  • Volt/VAR Software & Analytics Revenue by Region, World Markets: 2017-2026
  • Volt/VAR Control and Optimization Revenue by Technology Segment, North America: 2017-2026
  • Volt/VAR Software & Analytics Revenue by System Type, North America: 2017-2026
  • Volt/VAR Control and Optimization Revenue by Technology Segment, Europe: 2017-2026
  • Volt/VAR Software & Analytics Revenue by System Type, Europe: 2017-2026
  • Volt/VAR Control and Optimization Revenue by Technology Segment, Asia Pacific: 2017-2026
  • Volt/VAR Software & Analytics Revenue by System Type, Asia Pacific: 2017-2026
  • Volt/VAR Control and Optimization Revenue by Technology Segment, Latin America: 2017-2026
  • Volt/VAR Software & Analytics Revenue by System Type, Latin America: 2017-2026
  • Volt/VAR Control and Optimization Revenue by Technology Segment, Middle East & Africa: 2017-2026
  • Volt/VAR Software & Analytics Revenue by System Type, Middle East & Africa: 2017-2026

{"userID":"","pageName":"Volt\/VAR Management and Optimization Technologies","path":"\/research\/voltvar-management-and-optimization-technologies","date":"7\/22\/2017"}