smart grid market News
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Market Research Forecasts the Smart Grid Market at $33 Billion
MarketResearch.com has announced the addition of the new report "The Smart Grid Market 2012-2022," to their collection of Utilities market reports. For more information, visit http://www.marketresearch.com/Visiongain-v1531/Smart-Grid-6917022/ Smart grid technology combines traditional grid infrastructure with the advantages of advanced internet technology, with the aim of improving the ...
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Growth Opportunities in Global Smart Grid Market 2012-2017: Trends, Forecast, and Market Share Analysis
Reportlinker.com announces that a new market research report is available in its catalogue: Growth Opportunities in Global Smart Grid Market 2012-2017: Trends, Forecast, and Market Share Analysis ...
By ReportLinker
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Growth Opportunities in US Smart Grid Market 2012-2017: Trends, Forecast, and Market Share Analysis
Reportlinker.com announces that a new market research report is available in its catalogue: Growth Opportunities in US Smart Grid Market 2012-2017: Trends, Forecast, and Market Share Analysis ...
By ReportLinker
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India to Invest $44.9bn in Smart Grid Infrastructure
India's power sector is undergoing rapid transformation as the country faces steep electricity demand growth rates, plans to incorporate large-scale renewable resources, and a government eager to modernize the country. Smart grid infrastructure is seen by stakeholders as fundamental to this transformation, but until recently projects have been slow to materialize. This is now changing and with ...
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Global Smart Grid Market To Reach USD 60.29 Billion By 2024: Zion Market Research
Zion Market Research has published a new report titled “Smart Grid Market by Technology (Advanced Metering Infrastructure, Distribution Automation, Software & Hardware, Communication Service, Cyber Security, and Transmission Upgrades) and by Service (Consulting, Deployment & Integration, and Support & Maintenance): Global Industry Perspective, Comprehensive Analysis, and Forecast, ...
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Smart Grid Market Global Forecast to 2030
The global smart grid market size is expected to grow from USD 23.8 billion in 2018 to USD 61.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 20.9%, according to a new report by MarketsandMarkets. Major growth factors for the market include the need for effective management of smart grid operations, modernization of aging grid infrastructure, and the need for specialized service ...
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Technavio Report: Global Smart Grid Market to Reach $173 Billion by 2030
According to a new report (January 2024) from Technavio, the global market for smart grid technologies estimated at $49.8 billion in 2022, is projected to reach a revised size of $173 billion by 2030, growing at a CAGR of 16.8% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 18.4% CAGR and reach $80 billion by the end of the ...
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Central & Eastern Europe to Invest $28.6 Billion in Smart Grid Infrastructure
The Central and Eastern European (CEE) region offers one of the most compelling smart grid investment opportunities among emerging markets. The region—including Turkey—has relatively high rates of electricity consumption, areas with high non-technical losses and EU regulations that are driving the market. A handful of countries in the region have completed or are on their way to full ...
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Utility Enterprise IT Spending for Smart Grid to Reach US$8.2 Billion by 2015, According to New GTM Research Report
The information and operations systems of utilities are coming under pressure as new smart grid assets (i.e., smart meters, distribution automation devices) converge upon utility territories nationwide. Leading utilities are scrambling to build the supporting information and operation systems in parallel with device deployment, a trend GTM Research expects to ...
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Accommodating Variable Renewable Energy in the Smart Grid: Germany Can Do It, U.S. Remains Doubtful
What happens when demand outpaces supply? The smart grid industry is facing this exact challenge. The added conundrum is that suppliers need to build on existing systems to accommodate creative forms of energy, such as variable renewable energy (VRE), and also stay within environmental emissions standards. How much VRE can be accommodated through the smart grid? Countries like the U.S. worry ...
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Mexico Smart Grid and Smart Cities Market $8.4 Billion Over Next Decade
Mexico has steadily progressed in developing one of the largest smart grid infrastructure and smart cities markets in both Latin America and among all emerging market countries. The single state-owned utility CFE has been very active in deploying smart meters and other smart grid infrastructure. In addition, cities and municipalities across Mexico are deploying LED streetlights and are beginning ...
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China Leads Smart Grid Market Through 2021, to Reach $1.43 Trillion: SBI Bulletin
Supported by a long-term stimulus plan, China is pursuing more Smart Grid development than any other country in the world. According to "SBI Bulletin: Smart Grid Components Markets: 2011-2021," China will post the fastest compound annual growth rate (CAGR) of 6% through 2021, overtaking the U.S., which will post a 4% CAGR through the same period. As the utility that serves 88% of the country, ...
By SBI Reports
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Report: Eurasia Smart Grid Market Forecast Thru 2026
A new regional study by Northeast Group, LLC examines the smart grid market in Eurasia over the period 2016-2026. The Eurasia region has several drivers for smart grid investment, including an initial base of smart meters already present in the region. Driven by high non-technical losses and aided by affordable local vendors, utilities -- particularly in Russia and Ukraine -- have been ...
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Smart Grids´ Ability to Simplify Distributed Generation Encourages its Installation in Asia-Pacific, Finds Frost & Sullivan
The smart grids market in Asia-Pacific got a huge boost from the roll-outs of advanced metering infrastructure (AMI) in Australasia and Smart City projects in North Asia. The market can expect higher revenue inflow with the rising popularity of Demand response systems and energy management system (EMS) installations as well as Southeast Asia's desire to switch to smart grids. New analysis from ...
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Frost & Sullivan: Numerous Stakeholders to Collaborate for a Successful Smart Grid Implementation
Investments in smart grid technologies peaked in 2010, exhibiting an astounding annual growth rate of 59.7 percent over 2009. Despite the heavy investments, the industry is far from achieving its goal of deploying a true smart grid. Manufacturers promoting their smart grid technology to utilities have to contend with several issues such as securing financial backing, marketing in a highly ...
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Global Smart Grid Cybersecurity Market Poised for Growth
The global smart grid cybersecurity market is projected to grow at a CAGR of 13% by 2022, backed by increasing number of government initiatives towards modernizing power infrastructure and rising number of cyberattacks on Critical National Infrastructure (CIP) across the globe. Such are the findings of a recent report by TechSci Research. Moreover, increasing need for securing Home Area Network ...
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Smart Grid Security Market - Growing Energy Needs of the Urban Population
The analysts of a new business and commerce study by Transparency Market Research have detected a fragmented competitive landscape in the global smart grid security market, attributing the scenario to the presence of a large number of players who are catering to regional and domestic demands. Regional players have a stronger presence in the developed countries across the world. That being said, a ...
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Report: Emerging Markets Smart Grid Outlook
Northeast Group's Emerging Markets Smart Grid: Outlook 2017 is the sixth edition of its annual emerging markets smart grid overview. The study looks ahead over the next decade to project where smart grid infrastructure investment will occur in developing countries. To-date, most smart grid investment has been concentrated in developed countries. This mainly includes countries in North America, ...
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Frost & Sullivan: High Costs, Uncertain Returns Curb Utilities´ Investments in Australian Smart Grid Market
While several Australian electricity distribution utilities have progressed toward smart grid implementation, they are reluctant to substantially invest any further in smart grids due to the lack of specific payback periods. These reduced investments, along with unsatisfactory performances of smart grid technologies when tested in real application environments, will restrict the smart grid ...
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Smart Grid Market, Frost & Sullivan Identifies the Fastest-growing Sectors in Europe
The past 2-3 years have witnessed an increasing interest in smart grids and smart energy. Smart grids are seen as key to addressing the intensifying demand for high-quality power and greater energy-efficiency. Smart meters are considered to be the first step towards smart grid implementation. The smart meter rollout in Europe is well underway, boosted by the European Union legislation to achieve ...
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