By 2018 the world pure Smart Grid business will need to be running at
$155 billion, some 50% larger than the current annual expenditure for
all electrical transmission and distribution equipment. This will
require major restructuring of both the supply and demand side if a
truly "Smart" Grid is to be realized. Our research estimates that $2
trillion will need to be invested globally by 2030. Sales of Smart Grid
systems in 2010 stood at just $16 billion, clearly showing the business
still has a long way to go.
The need to reduce CO2 emissions within the existing electricity
production and supply grid will drive the future growth of this
business. The grid must be able to incorporate renewable electricity
production from a multitude of distributed sources and be apable of
matching the supply of electricity with demand at the point of usage and
in real time.
In the space of 5 years mergers and acquisitions have grown from $134
million in 2007 to $10.6 billion in 2011. Both the growth and now scale
indicate the supply side is gearing up to meet the requirements of new
technology and forecast demand for pure Smart Grid products and systems.
Investment in the market is also on the increase with venture capital
companies committing some $1 billion per year in 2010 and 2011 to Smart
Memoori's report The Smart Grid Business 2011 to 2016 is a definitive
resource for Smart Grid market research, uniquely combining clearly
defined market sizing statistics with financial analysis of M&A,
investment and alliances.
At 182 pages with over 23 charts and tables, The Smart Grid Business
2011 to 2016 report filters out important conclusions, supported with
facts, as to what is shaping the future of the Smart Grid industry. The
report contains key information for all those managing, operating and
investing in Smart Grid companies around the world. You can learn more
at the reports website; http://memoori.com/smart-grid-2012
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