The global smart grid industry has been growing and expanding rapidly around the world in the last couple of years. Smart grids are just electrical grids which use information and communications technology to gather and act on information in order to streamline and make efficient the usage of electricity at the customer’s end. The information collected by the smart grid includes information about the behaviors of suppliers and consumers, in an automated fashion in order to improve the efficiency, reliability, economics, and sustainability of the production and distribution of electricity.
The market for smart grids in Asia-Pacific is expected to grow significantly in the coming years. Asia Pacific remains a global leader in the installation of smart grids with a share of nearly 50%. China, India, Japan and Indonesia are poised to be the biggest smart grid users in the region. Meanwhile, the market for smart grids in Europe is expected to increase significantly every year until 2020. Customers in Europe tend to take a proactive approach to new technologies. Despite awareness of smart grids being relatively low, deployment can be seen on a large scale.
Aruvian Research analyzes the Global Smart Grid Industry in its research report Analyzing the Global Smart Grid. The report begins with an overview of the smart grid, technologies used in the smart grid, constituents of the smart grid, the major developers of smart grid and the advantages of the smart grid.
The global smart grid industry is analyzed through an analysis of the market for smart meters, in-home displays (IHDs), remote terminal units (RTUs) and synchrophasors. Each sector is analyzed through industry statistics, the units installed worldwide, industry revenues and the major players in these markets. We also analyze the key technological developments by country. We also analyze the factors impacting the global smart grid market such as ageing infrastructure, the role of utilities, lack of smart grid awareness, funding for the smart grid and other factors.
In-depth analysis of the smart grid is carried out on the markets of Australia, Brazil, Canada, China, India, Indonesia, Malaysia, Mexico, New Zealand, South Korea and the United States. The markets are analyzed through industry statistics, development in terms of installation of smart meters, synchrophasors, RTUs and IHDs, and other factors.
An analysis of the smart grid market in Asia Pacific and the Americas is carried through the analysis of the market for smart meters in Asia Pacific and the Americas, the market for RTUs, market for synchrophasors and the regulatory framework. The smart grid in Europe, Latin America and Middle East is analyzed briefly.
Major players in the global smart grid industry such as ABB Ltd, Cisco Systems, eMeter, Eaton Corporation, IBM, Itron Inc, Landis+Gyr AG and others are analyzed in this report.