Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Pike Research Launches Smart Grid Intelligence Service
Jan 22, 2010
 Printable format
 Email this Article
 Search

Market research firm Pike Research has launched a new Smart Grid Advisory Service, a subscription-based information tool that provides market intelligence and strategy insights for companies in the rapidly evolving energy technology sector. The service covers grid automation, smart metering, and energy management applications that are defining the next generation of the electrical grid.

“The worldwide electrical grid is perhaps the greatest technical innovation of the 20th century, delivering the life blood for technology advances in computing and communications that have occurred in recent decades,” said managing director Clint Wheelock. “Ironically, however, the grid itself has not yet taken full advantage of the integrated intelligence of the IT and telecom products that it enables. But all of that is changing quickly now, and this transition will yield significant innovation for electricity customers, as well as a period of dramatic transformation for the utility industry.”

As part of its Smart Grid service, Pike Research’s industry analysts offer market insights, covering specific technology and business sectors as well as overall market conditions and trends. Research reports include an in-depth examination of business models, technology issues, policy and regulatory factors, the competitive landscape, and market sizing, segmentation and forecasting.

A few of Pike Research’s key forecasts about the emerging smart grid industry include the following:
• Smart Meter installations will grow quickly over the next several years, with global penetration rates reaching 18% by 2015. Penetration will be highest in North America at 56% and Europe at 39%, and total installed smart meters will reach 250 million by that time.
• Despite the growth in advanced metering infrastructure (AMI), smart meters are just the beginning with regard to the broader smart grid market opportunity. Grid automation initiatives including transmission upgrades, substation automation, and distribution automation will represent 84% of the total smart grid market.
• Microgrids that enable “islanded” power generation and distribution will be another important growth market in the coming years, with U.S. $7.8 billion in cumulative investment by 2015. North America will be the leading region for microgrid deployments.
• Cyber Security for the smart grid is an area of increasing concern for utilities worldwide, and this market will grow from $1.2 billion in 2009 to $4.1 billion by 2013.
• Home Energy Management tools including in-home display devices, web dashboards, and mobile applications represent a vital user interface for the smart grid, and Energy Information Display users will reach 28 million worldwide by 2015.

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows