Global Supplier Directory
Supplier Solutions
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

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


Dec 19, 2014: Whirlpool Corp. provides guidance for 2015

Dec 19, 2014: Panasonic to showcase built-in appliances at LivingKitchen 2015

Dec 19, 2014: New residential construction in November 2014

Dec 19, 2014: 2014 U.S. steel production up 0.7% from 2013

Dec 19, 2014: Strong North American PCB Order Growth in October

More Daily News>>

RSS Feeds
Appliance Industry
Market Research


November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC

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