Smart Grid Market Research

Global smart grid investment is likely to grow rapidly. By 2025, a complete transformation to a smarter grid is unlikely but the process would have gained pace with major changes underway in grid automation, demand-side management, and Big Data analytics. Revenue growth will be the fastest in Europe. Demand response and advanced metering infrastruc...

Awareness of smart grid technology is low to moderate, yet awareness likely does not stem from electric utility companies. Consistent with the previous years results, nearly 40 percent of residential energy consumers are aware of smart grid technology. However, only very few respondents are aware of any efforts by electric utility companies to int...

Latin American market is still very nascent for smart grid, when comparing to other regions such Europe and the United States. While few power utilities are conducting pilot projects in specific countries, regulatory agencies start to plan the legal directions for broader implementations. At the same time, ICT companies are expecting these definiti...

To increase the utilization of the current electrical distribution grid, utilities are promoting demand response programs that offer customers financial incentive to shift some demand to off-peak times. This would increase the amount of electricity that the existing grid can carry and reduce the need to expand the grid. The financial incentive co...