Global Smart Grid Technology Market 2012-2016
- ID: 2703230
- November 2013
- Region: Global
- 53 pages
The analysts forecast the Global Smart Grid Technology market to grow at a CAGR of 29.47 percent over the period 2012-2016. One of the key factors contributing to this market growth is the aging power grid infrastructure. The Global Smart Grid Technology market has also been witnessing the increasing integration of various technologies into the power grid. However, the high implementation cost could pose a challenge to the growth of this market.
The report, the Global Smart Grid Technology Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and the APAC regions; it also covers the Global Smart Grid Technology market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Echelon Corp., Elster Group SE, GE Energy LLC, Itron Inc., Landis+Gyr AG, and Sensus USA Inc.
Other vendors mentioned in the report are Cisco Systems Inc., Comverge Inc., Cooper Power Systems LLC, eMeter Corp., Grid Net Inc., IBM Corp., Infrax Systems Inc., Iskraemeco, OSIsoft LLC, Power Plus Communications AG, S&C Electric Co., Silver Spring Networks Inc., SmartSynch Inc., STMicroelectronics N. V, Schneider Electric SA, Tendril Networks Inc., Trilliant Inc., Ventyx Inc., and Verizon Communications Inc.
Key questions answered in this report:
- What will the market size be in 2016 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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01. Executive Summary
02. Scope of the Report
02.1 Market Overview
02.2 Product Offerings
03. Market Research Methodology
03.1 Market Research Process
03.2 Research Design
03.3 Research Methodology
04. List of Abbreviations
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis
07. Geographical Segmentation
07.1 Global Smart Grid Technology Market by Geographical Segmentation 2012-2016
08. Key Leading Countries
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
16.1 Competitive Scenario
16.2 Market Share Analysis 2012
16.2.1 Key News
16.3 Other Prominent Vendors
17. Key Vendor Analysis
17.1 Echelon Corp.
Revenue Generation by Region
17.1.1 SWOT Analysis
17.2 Elster Group SE
17.2.1 SWOT Analysis
17.3 General Electric (GE) Energy LLC
17.3.1 SWOT Analysis
17.4 Itron Inc.
17.4.1 SWOT Analysis
17.5 Landis+Gyr AG
17.5.1 SWOT Analysis
17.6 Sensus USA Inc.
17.6.1 SWOT Analysis
18. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Smart Grid Technologies
Exhibit 3: Global Smart Grid Technology Market 2012-2016 (US$ billion)
Exhibit 4: Global Smart Grid Technology Market by Geographical Segmentation 2012
Exhibit 5: Global Smart Meter Market 2012-2016 (US$ billion)
Exhibit 6: Product Segmentation of Echelon Corp.
Exhibit 7: Revenue Generation of Echelon Corp. by Region 2012 (percent)
Exhibit 8: Business Segmentation of Elster Group SE. 2011 (percent)
Exhibit 9: Itron Inc. Business Segmentation and End-users
Exhibit 10: Sensus USA Inc. Business Segmentation
Commenting on the report, an analyst from the team said: “The advancement of technology in various sectors is one of the major positive trends observed in the Global Smart Grid Technology market. For instance, the advancement of technologies in the Telecom, IT, and Energy industries has enabled the integration of all these sectors into the power grid with the help of smart grid technologies. The advancement of smart grid technologies has taken place in almost all the stages of power infrastructure such as energy generation, energy storage, power distribution, and power consumption. Smart grid technology also includes the integration of advanced technologies such as the internet, computers, and wireless networking into the power grid. This integration of various technologies into the power grid is expected to have a positive effect on the Global Smart Grid Technology market during the forecast period.”
According to the report, one of the major drivers in this market is the aging power grid infrastructure. As various power grids across the world were built many years ago, the reliability of such grids during power blackouts and environmental changes is declining. This increases the need for upgrading the power grids, which is facilitated by the integration of various smart grid technologies into them; this will in turn increase their reliability.
Further, the report states that one of the major challenges in this market is the high implementation cost. As the vendors in the Smart Grid industry have to spend huge amounts on the installation of various smart grid technologies, several vendors and end-users are reluctant to adopt them. The high costs are due to the Smart Grid industry being in its initial stages of growth, and the industry requires various standardizations; this in turn makes it difficult for the market to grow at a rapid pace in the future.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- Echelon Corp.
- Elster Group SE
- GE Energy LLC
- Itron Inc.
- Landis+Gyr AG
- Sensus USA Inc.
- Cisco Systems Inc.
- Comverge Inc.
- Cooper Power Systems LLC
- eMeter Corp.
- Grid Net Inc.
- IBM Corp.
- Infrax Systems Inc.
- OSIsoft LLC
- Power Plus Communications AG
- S&C Electric Co.
- Silver Spring Networks Inc.
- SmartSynch Inc.
- STMicroelectronics N. V
- Schneider Electric SA
- Tendril Networks Inc.
- Trilliant Inc.
- Ventyx Inc.
- and Verizon Communications Inc.