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Global Smart Energy Market 2016-2020

Global Smart Energy Market 2016-2020

About the Smart Energy Market

The smart energy market can be simply defined as the one that constitutes devices that have inbuilt artificial intelligence to carry out their daily activities without any human interference. The smart energy market comprises multiple technologies such as smart grids, smart homes, and smart solar and digital oil fields. Smart grids are systems that use digital communication technologies in electricity generation, transmission, and distribution, thereby automating the value chain. Smart grids comprise devices and technologies such as smart meters, grid optimization, distributed generation, and storage. Smart homes are equipped with modern technologies such as lighting and heating that can be controlled remotely by smartphones or remotes.

Technavio’s analysts forecast the global smart energy market to grow at a CAGR of 14.91% in terms of revenue during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart energy market for 2016-2020. The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart Energy Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • GE Energy
  • Itron
  • Landis +Gyr
  • Sensus
  • Siemens
  • ABB
  • S&T
Market driver
  • Rising investments in smart grid technologies
  • For a full, detailed list, view our report
Market challenge
  • High cost of upgrading smart grids
  • For a full, detailed list, view our report
Market trend
  • High rate of deployment of smart grids
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart Energy Market 2016-2020

Technavio recognizes the following companies as the key players in the global smart energy market: GE Energy, Itron, Landis +Gyr, Sensus, Siemens, ABB, and S&T.

Commenting on the report, an analyst from Technavio’s team said: “A trend contributing to market growth is the high rate in the deployment of smart grids. The deployment of smart grids is increasing rapidly worldwide with countries such as China, the US, India, Spain, Germany, and France enforcing ambitious smart grid plans. Smart grids include grid applications such as smart energy meters, SCADA systems, IT, and other communication networks. These devices enable utilities to have complete control and manage the digital assets that are present in the field.”

According to the report, a key growth driver is the rise in investments in smart grid technologies. Rise in population and subsequent increase in power consumption have resulted in high demand for power across geographies. With increased power consumption, generation, and increased contribution of renewable sources of energy, different countries such as the US, China, India, and the UK have been upgrading their grids to incorporate multiple sources of energy to be smarter than their predecessors. Smart grids are expected to reduce the T&D losses and effectively balance the demand and supply of electricity. Consequently, investments in smart grid technologies have increased and propelled the growth of smart grid IT systems.

Further, the report states that one challenge that could restrict market growth is the high cost of upgrading smart grids.

Companies Mentioned

GE Energy, Itron, Landis +Gyr, Sensus, Siemens, ABB, S&T.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Global investments in smart grids for 2009-2015 ($ billions)
  • Market landscape
    • Technological overview
      • Table Structure of traditional power grids
      • Table Structure of a smart grid
      • Table Basics HEMS process
    • Market overview
      • Table Segmentation of smart energy market
    • Market size and forecast by revenue
      • Table Global smart energy market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global smart energy market by technology 2015
      • Table Global smart energy market by technology 2015
    • Global smart energy market by technology 2020
      • Table Global smart energy market by technology 2020
    • Global smart energy market by technology 2015-2020
    • Global smart grid market 2015-2020
      • Table Global smart grid market 2015-2020 ($ billions)
      • Table Total number of smart meters in US by sectors (2015)
      • Table Smart grid investments
    • Global digital oil field market
      • Table Global digital oil field market 2015-2020 ($ billions)
      • Table Overview of digital oil field
      • Table Digital oil field technologies
    • Global smart solar market 2015-2020
      • Table Global smart solar market 2015-2020 ($ billions)
    • Global HEMS market
      • Table Global HEMS market 2015-2020 ($ billions)
      • Table Basic HEMS functions
  • Geographical segmentation
    • Global smart energy market by geography
      • Table Global smart energy market by geography for 2015
      • Table Global smart energy market by geography for 2020
      • Table Global smart energy market by geographical segmentation 2015-2020
    • Smart energy market in Americas
      • Table Smart energy market in Americas 2015-2020 (billions)
    • Smart energy market EMEA
      • Table Smart energy market in EMEA 2015-2020 ($ billions)
    • Smart energy market in APAC
      • Table Smart energy market in APAC 2015-2020 ($ billions)
  • Key leading countries
    • Table US CO2 emission 2009-2013
    • Table Total Number of Smart Meters in US by sectors (2015)
    • Table US smart grid spending 2008-2017 ($ billions)
  • Market drivers
    • Table US total CO2 emission 2000-2012
    • Table US CO2 emission by source 1990-2014
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Crude oil monthly price: Dollar per barrel ($/barrel)
    • Table Two-way distributed energy system with energy storage
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • GE Energy
      • Table Smart meter solutions in GE Energy
      • Table GE Energy's broad offering for smart energy
      • Table Smart energy product portfolio
    • Itron
      • Table Itron in smart energy
      • Table Revenue comparison of meters for 2013 and 2014
      • Table Geographical segmentation for 2013 and 2014
    • Landis + Gyr
      • Table Smart energy in Landis + Gyr
      • Table Smart energy product portfolio
    • Sensus
      • Table Smart meters product portfolio
    • Siemens
      • Table Siemens: Business segmentation by revenue 2015
      • Table Product portfolio of Siemens
    • ABB
      • Table Product portfolio
    • S&T
      • Table Product portfolio of S&T
  • Appendix
    • List of abbreviations
  • Explore Technavio

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