Global Smart Grid Technology Market Analysed in New Topical Market Study Published at MarketPublishers.com06 Feb 2012 • by Natalie Aster
LONDON – The large-scale upgrading of old technology as well as adopting new technologies are the key trends on the nowadays smart grid technology market. These developments are believed to lead to a more efficient usage of electricity. The governments increase their investments into the industry and the utilities’ index is expected to reach a billion mark in the next five years.
According to a number of forecasts the global smart grid market will reach $80.6 billion in 2016 from $22.8 billion in 2011 growing at a CAGR of 28.7% from 2011 to 2016.
New market research report "Smart Grid Technology Market - Analysis and Global Forecast by Hardware, Software & Communication Network Technologies (2011 – 2016)" is a complete analytical review of the global smart grid market. It offers information on market statistics, market drivers, opportunities, key players, and competitive outlook. It categorizes the global smart grid technology market and its related applications market on the basis of different kinds of software’s that are being used for the smart grid network, smart meter, various smart sensor, communication network and geographical analysis; forecasting revenue, and analyzing trends in the market.
Title: Smart Grid Technology Market - Analysis and Global Forecast by Hardware, Software & Communication Network Technologies (2011 – 2016)
Published: February, 2012
Price: US$ 4.650,00
More new market research reports by the publisher can be found at MarketsandMarkets page.