Saudi Arabia Smart Grid Network Market Outlook - Market Analysis by Components, Competitive Landscape, Key Company Information - Growth Trends and Forecasts 2017 - 2022 - Product Image

Saudi Arabia Smart Grid Network Market Outlook - Market Analysis by Components, Competitive Landscape, Key Company Information - Growth Trends and Forecasts 2017 - 2022

  • ID: 4386789
  • Report
  • Region: Saudi Arabia
  • 67 pages
  • Mordor Intelligence
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Saudi Arabias smart grid market is expected to reach USD XX billion by 2022 from USD XX in 2015, growing at a CAGR of XX%.

Saudi Arabia is Arabs largest electricity market, and this market is growing rapidly. The major portion of the Kingdoms electricity needs are met from oil and gas plants. With oil reserves rapidly depleting around the world, and in view of the emissions from fossil fuel power plants, the Saudi government is already taking steps to reduce domestic fossil fuel consumption and increase the share of renewables in power generation. Saudi Arabia has a high potential to develop solar and wind power projects. This is an area seeing increasing interest here. The integration of these erratic power sources to the grid requires smart grid technology. The government has realized the importance of smart grid technology in meeting the countrys power targets and are already conducting pilot smart grid projects. Plans to install smart meters are already in the implementation stage. Smart meters, which are an integral part of smart grids, are first being rolled out to small commercial installations.

On the Flipside, High implementation costs hinder the deployment of smart grids. There is also public concern over issues like privacy, fair availability of electricity, and a fear of misuse of the variable tariff system. The power savings and network stabilization that they provide outweigh the disadvantages of smart grids.
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1. Executive Summary
2. Research Methodology
3. Saudi Arabia Smart Grid Market Overview
4. Market Dynamics
4.1 Drivers
4.1.1 Increasing Power demand
4.1.2 Growing renewables Market
4.1.3 Emission Control Norms & Environental Concerns
4.2 Restraints
4.2.1 Network Security Concerns
4.3 Opportunities
4.3.1 Grid Integration of Domestically Generated Power
5. Saudi Arabia Smart Grid Market Analysis by Technology
5.1 Sensors
5.1.1 Overview
5.1.2 Market Size and Forecast
5.2 Advanced Meter Infrastructure
5.2.1 Overview
5.2.2 Market Size and Forecast
5.3 Smart Transmission and Distribution Equipment
5.3.1 Overview
5.3.2 Market Size and Forecast
5.4 Software & Hardware
5.4.1 Overview
5.4.2 Market Size and Forecast
5.5 Communication & Wireless Equipment
5.5.1 Overview
5.5.2 Market Size and Forecast
5.6 Others
5.6.1 Overview
5.6.2 Market Size and Forecast
6. Key Company Analysis
6.1 ABB
6.2 Schneider electric
6.3 General Electric
6.4 Siemens
6.5 Itron
6.6 IBM
6.7 Cisco
6.8 Silver Spring Networks
6.9 S&C Electric Company
6.10 Tendril
7. Competitive Landscape
7.1 Mergers & Acquisitions
7.2 Joint Ventures, Collabrations and Agreements
7.3 Market Share Analysis
8. Disclaimer
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