Latest market study on “Smart Grid Market to 2025 – Global Analysis and Forecasts by Technology and Application”, the report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
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The Smart Grid concept combines a number of technologies, end-user solutions and addresses a number of policy and regulatory drivers. It enables demand response and demand side management through the integration of smart meters, smart appliances and consumer loads, micro-generation, and electricity storage (electric vehicles) and by providing customers with information related to energy use and prices.
The report aims to provide an overview of global smart grid market with detailed market segmentation by technology, application and geography. The global smart grid market is expected to witness high growth during the forecast period. The rise in adoption of the smart grid technologies along with firm government regulations and policies to reduce carbon emissions at the same time ensuring grid reliability on a global scale is expected to propel the demand for smart grid.
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The objective of Smart Grid Market report is as follows:
Some of the leading players in smart grid market are ABB Ltd., Alcatel-Lucent S.A., Eaton Corporation PLC, General Electric Company, Itron, Inc., Landis+Gyr AG, Schneider Electric SE, Sensus, Inc., Schweitzer Engineering Laboratories Inc. and Siemens AG are among others.
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