DUBLIN, April 17, 2014 /PRNewswire/ --

Dublin - Research and Markets (http://www.researchandmarkets.com/research/czrqkl/global_smart_grid) has announced the addition of the "Global Smart Grid Technology Market Report" report to their offering. 

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The analysts forecast the Global Smart Grid Technology market to grow at a CAGR of 29.47 percent over the period 2012-2016. One of the key factors contributing to this market growth is the aging power grid infrastructure. The Global Smart Grid Technology market has also been witnessing the increasing integration of various technologies into the power grid. However, the high implementation cost could pose a challenge to the growth of this market. 

The report, the Global Smart Grid Technology Market Report, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and the APAC regions; it also covers the Global Smart Grid Technology market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The advancement of technology in various sectors is one of the major positive trends observed in the Global Smart Grid Technology market. For instance, the advancement of technologies in the Telecom, IT, and Energy industries has enabled the integration of all these sectors into the power grid with the help of smart grid technologies. 

The advancement of smart grid technologies has taken place in almost all the stages of power infrastructure such as energy generation, energy storage, power distribution, and power consumption. Smart grid technology also includes the integration of advanced technologies such as the internet, computers, and wireless networking into the power grid. 

This integration of various technologies into the power grid is expected to have a positive effect on the Global Smart Grid Technology market during the forecast period.

According to the report, one of the major drivers in this market is the aging power grid infrastructure. As various power grids across the world were built many years ago, the reliability of such grids during power blackouts and environmental changes is declining. This increases the need for upgrading the power grids, which is facilitated by the integration of various smart grid technologies into them; this will in turn increase their reliability.

Key Topics Covered: 

01. Executive Summary

02. Scope of the Report

03. Market Research Methodology

04. List of Abbreviations

05. Introduction

06. Market Landscape

07. Geographical Segmentation

08. Key Leading Countries

09. Buying Criteria

10. Market Growth Drivers

11. Drivers and their Impact

12. Market Challenges

13. Impact of Drivers and Challenges

14. Market Trends

15. Trends and their Impact

16. Vendor Landscape

17. Key Vendor Analysis

18. Other Reports in this Series


Companies Mentioned:

• Cisco Systems Inc.
• Comverge Inc.
• Cooper Power Systems LLC
• Echelon Corp.
• Elster Group SE
• GE Energy LLC
• Grid Net Inc.
• IBM Corp.
• Infrax Systems Inc.
• Iskraemeco
• Itron Inc.
• Landis+Gyr AG
• OSIsoft LLC
• Power Plus Communications AG
• S&C Electric Co.
• STMicroelectronics N. V
• Schneider Electric SA
• Sensus USA Inc.
• Silver Spring Networks Inc.
• SmartSynch Inc.
• Tendril Networks Inc.
• Trilliant Inc.
• Ventyx Inc.
• Verizon Communications Inc.
• eMeter Corp.

For more information visit http://www.researchandmarkets.com/research/czrqkl/global_smart_grid

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

SOURCE Research and Markets