Smart grid technologies include transmission upgrades, substation automation, distribution automation, smart grid IT/OT, and smart metering. Many complex smart grid programs based on these technologies have begun, but the scale of what remains to be done is enormous. A number of countries with populations over 100 million have not yet seen notable smart grid deployment activity, and Africa, with its population of 1 billion, has seen very little at all. All of this suggests that the market is likely to continue robust growth beyond 2020.

Though smart grid technologies still constitute an immature market, they already total $33 billion in annual revenues. Key drivers in the sector include the integration of renewable energy sources in developed economies and the reduction of non-technical losses in less developed economies. Pike Research forecasts that annual smart grid revenues will grow to $73 billion by 2020, at a compound annual growth rate of over 10%. Even then, the market will not nearly be saturated, with significant populations of the world still living in energy poverty and therefore remaining addressable markets.

This Pike Research report examines the market dynamics and most important technology issues for smart grid technologies for the period from 2012 through 2020. The report profiles the key players in smart grid technologies, in eight categories: influential utilities, control system vendors, telecommunications vendors, smart metering vendors, application and services vendors, systems integrators, cyber security vendors, and standards associations. Analysis and forecasts are presented year-by-year and cumulatively through 2020, dissecting the market by smart grid application and by region, with further technology segmentation within each application.


Key Questions Addressed:

• What is the size of the smart grid technologies market and how quickly will it grow, by region and by application, through 2020?
• What is the size of each smart grid application market, by region?
• What are the market dynamics, in terms of investment drivers, vendor strategies, and geographic consolidation?
• Who are the key vendors in each market?
• What are the most important technologies for smart grids?
• What are the major enablers and hindrances for each smart grid technology market?


Who needs this report?

• Smart grid technology vendors
• Electric utilities
• Networking and telecommunications companies
• Industrial control systems device manufacturers
• Semiconductor and component suppliers
• Systems integrators
• Investor community
• Government agencies

Table Of Contents

Table of Contents

1. Executive Summary

1.1 Market Overview
1.2 Market and Trends
1.3 Market Forecast
1.4 Additional Reading

2. Market Issues

2.1 Smart Grid Scope
2.2 The Case for a Smart Grid
2.2.1 Improving Grid Reliability
2.2.2 Increasing Grid Efficiency
2.2.3 Increasing Grid Capacity
2.2.4 Integrating Renewable-Source Energy
2.2.5 Operational Realities
2.2.6 Engaging Customers
2.3 Market Inhibitors
2.3.1 Customer Acceptance
2.3.2 Interoperability Standards
2.3.2.1 Politics
2.3.3 Land Use and Eminent Domain
2.4 Technology Vendors
2.4.1 Vendor Types
2.4.2 Barriers to Entry
2.4.3 Industry Consolidation
2.5 Regulatory Issues
2.5.1 United States
2.5.1.1 Federal
2.5.1.2 Individual States
2.5.2 Europe
2.5.3 Asia Pacific
2.5.4 Latin America
2.5.5 Middle East and Africa
2.6 Strategic Observations
2.6.1 TandD Enhancements Will be the Highest Priority Smart Grid Activities
2.6.2 Smart Grid Data Analytics Hold Immense Potential for Optimization
2.6.3 Large and Small Companies Can Play
2.6.4 Each Technology Can Support Multiple Winners

3. Technology Issues

3.1 Categorization of Smart Grid Technology
3.2 Transmission Upgrades
3.2.1 Direct Current Transmission
3.2.2 Synchrophasors
3.2.3 Flexible Alternating Current Transmission Systems
3.2.4 Dynamic Line Rating
3.3 Substation Automation
3.3.1 Switchgear - Circuit Breakers and Fuses
3.3.2 Transformers
3.3.3 Relay Technology
3.4 Distribution Automation
3.4.1 Volt-VAR Optimization
3.4.2 Conservation Voltage Reduction
3.4.3 VAR Control
3.4.4 Fault Location, Isolation, and Service Restoration
3.4.5 Feeder Protection and Control
3.5 Smart Meters and Advanced Metering Infrastructure
3.5.1 AMI Network Architecture
3.5.2 Smart Meter Technology
3.5.3 Smart Meter Standards
3.6 Networking Technologies
3.6.1 Overview of Smart Grid Networking
3.6.2 Second Generation, Third Generation, and Fourth Generation Cellular
3.6.3 Power Line Communications
3.6.3.1 Broadband over Power Line
3.6.4 Metro-Scale Wi-Fi
3.6.5 Fiber Optics
3.6.6 Coaxial and Copper Cable
3.6.7 Proprietary RF Mesh
3.6.8 Satellite
3.6.9 Networking Technology Comparison
3.7 Software and Services
3.7.1 Outage and Fault Management
3.7.2 Asset Management and Monitoring
3.7.3 Distributed and Alternative Generation Integration
3.7.4 Demand Response and Dynamic Pricing
3.7.5 Contingency and Capacity Planning
3.7.6 Workforce Automation
3.7.7 Data Historian
3.8 Cyber Security

4. Key Industry Players

4.1 Grid Infrastructure Vendors
4.1.1 ABB Group
4.1.2 Alcatel-Lucent
4.1.3 Alstom Grid
4.1.4 American Superconductor
4.1.5 Cooper Power Systems
4.1.6 CURRENT Group
4.1.7 Daiichi Electronics
4.1.8 Eaton
4.1.9 EFACEC (Advanced Control Systems)
4.1.10 Ericsson
4.1.11 Fujitsu
4.1.12 GE Energy
4.1.13 Hitachi, Ltd.
4.1.14 Honeywell
4.1.15 Johnson Controls (EnergyConnect)
4.1.16 Mitsubishi Group
4.1.17 NOJA Power
4.1.18 Osaki Electric
4.1.19 SandC Electric Company
4.1.20 Schneider Electric
4.1.21 Schweitzer Engineering Laboratories
4.1.22 Shenzhen Clou Electronics Co., Ltd.
4.1.23 Siemens Energy
4.1.24 Toshiba
4.1.25 Yokogawa Electric
4.2 Electric Utilities
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.3 AMI Vendors
4.4 Networking and Software and Systems Vendors
4.5 Applications and Services
4.6 Systems Integrators
4.7 Cyber Security Vendors
4.8 Industry Associations

5. Market Forecasts

5.1 Introduction
5.2 Market Assumptions
5.3 Forecasting Methodology
5.4 Smart Grid Technologies Global Forecast
5.4.1 Global Revenue Forecast by Application
5.4.2 Cumulative Forecast
5.4.3 Year-on-Year Change in Smart Grid Technology Investment
5.5 Smart Grid Technologies Regional Forecasts
5.5.1 Smart Grid Technologies Revenue Forecast: North America
5.5.2 Smart Grid Technologies Revenue Forecast: Europe
5.5.3 Smart Grid Technologies Revenue Forecast: Asia Pacific
5.5.4 Smart Grid Technologies Revenue Forecast: Latin America
5.5.5 Smart Grid Technologies Revenue Forecast: Middle East and Africa

6. Company Directory

7. Acronym and Abbreviation List

8. Table of Contents

9. Table of Charts

10. Scope of Study, Sources and Methodology, Notes



List of Charts and Figures

• Smart Grid Technology Revenue by Region, World Markets: 2012-2020
• Smart Grid Technology Revenue by Application, World Markets: 2012-2020
• Smart Grid Technology Cumulative Revenue by Application, World Markets: 2012-2020
• Smart Grid Technology Year-on-Year Revenue Change by Application, World Markets: 2012-2020
• Smart Grid Technology Revenue by Application, North America: 2012-2020
• Smart Grid Technology Revenue by Application, Europe: 2012-2020
• Smart Grid Technology Revenue by Application, Asia Pacific: 2012-2020
• Smart Grid Technology Revenue by Application, Latin America: 2012-2020
• Smart Grid Technology Revenue by Application, Middle East/Africa: 2012-2020
• Scope of Smart Grid Technologies Report
• Simplified Synchrophasor Data System Schematic
• Large Static VAR Compensator, Allegheny Power Block Oak Substation
• Distribution Substation (Components Annotated)
• Typical Opportunity for Volt-VAR Control Technologies
• Example Distribution Feeder Devices
• Typical Smart Meter Network Architecture
• NIST Conceptual Reference Diagram for Smart Grid Information Networks
• SCADA System General Layout
• Smart Grid Networking Architectural Model
• Performance and Cost Attributes of Primary Communications Technologies



List of Tables

• High-Voltage DC Transmission Capabilities in Asia Pacific, Europe, and North America
• FACTS Hardware Applications
• Relative Comparison of Smart Grid Communications
• Electric Utilities, North America
• Electric Utilities, Europe
• Electric Utilities, Asia Pacific
• AMI Vendors, World Markets
• Networking and Software and Systems Vendors, World Markets
• Applications and Services, World Markets
• Systems Integrators, World Markets
• Cyber Security Vendors, World Markets
• Industry Associations, World Markets
• Smart Grid Technology Revenue by Region, World Markets: 2012-2020
• Smart Grid Technology Revenue by Application, World Markets: 2012-2020
• Cumulative Smart Grid Technology Revenue by Region, World Markets: 2012-2020
• Cumulative Smart Grid Technology Revenue by Application, World Markets: 2012-2020
• Smart Grid Technology Year-on-Year Revenue Change by Region, World Markets: 2012-2020
• Smart Grid Technology Year-on-Year Revenue Change by Application, World Markets: 2012-2020
• Transmission Upgrade Revenue by Technology, North America: 2012-2020
• Transmission Upgrade Revenue by Technology, Europe: 2012-2020
• Transmission Upgrade Revenue by Technology, Asia Pacific: 2012-2020
• Transmission Upgrade Revenue by Technology, Latin America: 2012-2020
• Transmission Upgrade Revenue by Technology, Middle East/Africa: 2012-2020
• Transmission Upgrade Revenue by Technology, World Markets: 2012-2020
• Transmission Upgrade Revenue by Region, World Markets: 2012-2020
• Substation Automation Revenue by Technology, North America: 2012-2020
• Substation Automation Revenue by Technology, Europe: 2012-2020
• Substation Automation Revenue by Technology, Asia Pacific: 2012-2020
• Substation Automation Revenue by Technology, Latin America: 2012-2020
• Substation Automation Revenue by Technology, Middle East/Africa: 2012-2020
• Substation Automation Revenue by Technology, World Markets: 2012-2020
• Substation Automation Revenue by Region, World Markets: 2012-2020
• Distribution Automation Revenue by Technology, North America: 2012-2020
• Distribution Automation Revenue by Technology, Europe: 2012-2020
• Distribution Automation Revenue by Technology, Asia Pacific: 2012-2020
• Distribution Automation Revenue by Technology, Latin America: 2012-2020
• Distribution Automation Revenue by Technology, Middle East/Africa: 2012-2020
• Distribution Automation Revenue by Technology, World Markets: 2012-2020
• Distribution Automation Revenue by Region, World Markets: 2012-2020
• IT/OT Revenue by Application, North America: 2012-2020
• IT/OT Revenue by Application, Europe: 2012-2020
• IT/OT Revenue by Application, Asia Pacific: 2012-2020
• IT/OT Revenue by Application, Latin America: 2012-2020
• IT/OT Revenue by Application, Middle East/Africa: 2012 2020
• IT/OT Revenue by Application, World Markets: 2012-2020
• IT/OT Revenue by Region, World Markets: 2012-2020
• Smart Metering Revenue by Region, World Markets: 2012 2020
• Smart Grid Technology Revenue by Application, North America: 2012-2020
• Smart Grid Technology Revenue by Application, Europe: 2012-2020
• Smart Grid Technology Revenue by Application, Asia Pacific: 2012-2020
• Smart Grid Technology Revenue by Application, Latin America: 2012-2020
• Smart Grid Technology Revenue by Application, Middle East/Africa: 2012-2020

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