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The Industrial Smart Grid is a type of Internet of Things (IoT) and Machine-to-Machine (M2M) technology that enables the efficient and reliable delivery of electricity. It is a network of interconnected devices, such as sensors, meters, and controllers, that can be used to monitor and control the flow of electricity. This technology can be used to optimize energy usage, reduce energy costs, and improve the reliability of the power grid. It also provides real-time data on energy usage, allowing for better decision-making and improved energy efficiency.
The Industrial Smart Grid market is growing rapidly, driven by the increasing demand for energy efficiency and the need for reliable energy delivery. This technology is being adopted by a variety of industries, including utilities, manufacturing, and transportation.
Some companies in the Industrial Smart Grid market include ABB, Siemens, Schneider Electric, General Electric, and Honeywell. Show Less Read more