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The global smart grid market has experienced double-digit growth rates over the last five yearsand is expected to continue its growth momentum, reaching approximately US $57 billion by 2016 with a CAGR of 13% over the next five years.
Lucintel, a leading global management consulting and market research firm, has analyzed the global smart grid market and presents its findings in “Growth Opportunities in Global Smart Grid Market 2011–2016: Trends, Forecast, and Market Share Analysis”
Lucintel’s research indicates that growth in renewable energy generation sources and their integration into a common grid is one of the major drivers in the smart grid market. The high cost of installing smart grid components such as smart meters and sensors, and the maintenance and monitoring expenses of smart grid technology are challenging factors. Rising costs of electricity generation, government incentives to promote green energy, distribution of smart meters, and development in transmission facilities to provide energy to remote areas, however, are boosting the smart grid market.
This unique report from Lucintel provides valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report can save hundreds of hours of research time and can significantly help in expanding your business in this market. In today’s unstable economy, you need every advantage that you can find to keep you ahead in your business.
Features of This Report:
To make business, investment, or strategic decisions, you need timely and adequateinformation. This market report fulfills this core need and is an indispensable reference guide for multi-national material suppliers, product manufacturers, investors, executives, distributors, andmany more, who are dealing with this market.
Some of the features of “Growth Opportunities in Global Smart Grid Market 2011-2016:
Trends, Forecast, and Market Share Analysis” include these:
· Global smart grid market size in terms of value shipment
· Global smart grid market trend and forecast in terms of value shipment
· Trend (2005-2010) and forecast (2011-2016) of global smart grid market for component, for domains and for regions
· Global smart grid market by components, by domains, by regions
· Porter’s Five Force model for global smart grid market
· Major drivers and challenges in global smart grid market
· Emerging trends and new opportunities in global smart grid
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