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The Wide Area Monitoring (WAM) market within the context of electricity is a rapidly growing sector. It is focused on the development of technologies and services that enable the monitoring of electricity networks over large geographical areas. WAM systems are used to detect and diagnose faults, monitor power flows, and optimize the operation of the grid. They also provide real-time data to help operators make informed decisions about the operation of the grid.
WAM systems are becoming increasingly important as electricity networks become more complex and interconnected. They are also being used to support the integration of renewable energy sources into the grid. WAM systems are also being used to improve the reliability and efficiency of electricity networks, as well as to reduce the risk of blackouts.
Some of the companies in the WAM market include ABB, Siemens, Schneider Electric, GE, and Hitachi. These companies provide a range of WAM solutions, including monitoring systems, analytics software, and control systems. Show Less Read more