Forecast: North America to drive demand for smart grid sensors

07/1/2013 |

The market for smart grid sensors will reach $340 million in the next five years as more utilities embrace next-generation technologies designed to increase transmission efficiency, lower their carbon footprint and improve customer service, according to a report. The study by HIS found Tollgrade Communications currently leads the market with its LightHouse Medium Voltage sensors and software, and predicts the majority of growth will be in North America -- where the climate is ripe for emerging infrastructure solutions.

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