Global next generation Smart Grid TechnologySpecial Market Snapshot by Zpryme Smart Grid InsightsApril 2011               ...
Global next generation Smart Grid Technology     Driven by pro-active home energy consumers, emerging market manufacturing...
www.zpryme.com | www.smartgridresearch.org
Upcoming SlideShare
Loading in …5
×

[Smart Grid Research] Global Next Generation Smart Grid Technology, Zpryme April 2011

925 views

Published on

Driven by pro-active home energy consumers, emerging market manufacturing and engineering advances, cloud based applications, renewable energy integration and the electrified transportation system, the global market for Next Generation Smart Grid Technology is poised to grow from $4.9 billion in 2011 to $43.3 billion in 2020.

Published in: Technology, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
925
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
32
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

[Smart Grid Research] Global Next Generation Smart Grid Technology, Zpryme April 2011

  1. 1. Global next generation Smart Grid TechnologySpecial Market Snapshot by Zpryme Smart Grid InsightsApril 2011 www.zpryme.com | www.smartgridresearch.org
  2. 2. Global next generation Smart Grid Technology Driven by pro-active home energy consumers, emerging market manufacturing and engineering advances, cloud based applications, renewable energy integration and the electrified transportation system, the global market for Next Generation Smart Grid Technology is poised to grow from $4.9 billion in 2011 to $43.3 billion in 2020. Next generation Smart Grid technologies are those that will be deployed after the first layer of Smart Grid technology are deployed (such as AMI, smart meters, communication systems and access networks). Market growth will be slow over the next 5 years, but is expected to accelerate rapidly starting in 2016. Additionally, the market will be led by developed countries such as the U.S., China, South Korea, Japan, Canada, U.K., France, Spain, Denmark, Germany, Australia and New Zealand. These countries are relatively further along with their national Smart Grid deployments compared to their peers in the developing world. Opportunities in the market will be the largest for firms who invest in forward looking R&D activities and innovation intended to leverage the first layer of Smart Grid technology currently being deployed by utilities across the globe. 1 Global Next Generation Smart Grid Technology Market Value, 2010 – 2020 (Beyond AMI, Advanced T&D, Networks & Communications) $50 in U.S. billions | CAGR: 29.1% (2010 – 2020) $43.3 $40 $35.9 $30 $28.9 $22.4 $20 $17.2 $12.0 $10.0 $10 $8.5 $6.4 $4.9 $3.4 $0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Source: Zpryme 1 Smart Grid Next Generation Technology Definition: This includes advanced systems, programs, software, energy storage, new mobile devices for utilities, and commercial and consumer facing devices and applications for use in energy management, market operations and micro generation.www.zpryme.com | www.smartgridresearch.org Global Next Generation Smart Grid Technology | April 2011
  3. 3. www.zpryme.com | www.smartgridresearch.org

×