India's recently established National Smart Grid Mission has charted out a deployment schedule for the next ten years, but several utilities are also moving forward with smart grid deployments independent of government plans. These include private franchisees that are deploying smart grid infrastructure to improve poor utility performance. India's smart grid market will vary widely across states, with each state possessing a unique industry structure and regulatory framework. The largest smart grid market opportunities exist in the states of Maharashtra, Karnataka, Delhi, Tamil Nadu, Gujarat, West Bengal, and Kerala.
The competitive landscape of India's market is comprised of a number of well-established vendors from both the domestic and international spheres. Four local vendors—Secure Meters, Genus, HPL, and Larsen & Toubro (L&T)—hold the majority of market share in legacy metering and are poised to similarly impact the smart metering market. A number of leading global vendors such as ABB, CyanConnode, GE, Honeywell, Itron, Landis+Gyr, Schneider, Siemens, Silver Spring Networks, and others are already active on some level in the overall market.
Northeast Group's India Smart Grid: Market Forecast (2017-2027) study is 235-pages long and comes with an executive summary presentation in PowerPoint and a dataset in Excel. To order a copy of the study, please visit: www.northeast-group.com
ABOUT: Northeast Group, LLC is a Washington, DC-based smart infrastructure market intelligence firm. www.northeast-group.com
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SOURCE Northeast Group, LLC