Energy & Green Renewable Technology Market News

The global smart energy - smart grids and smart meter market is expected to grow to $65.4 million by 2022, at an estimated CAGR of 27 % illuminated by new report

Energy Market Research

Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

This Smart Energy - Smart Grids And Smart Meter market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors.

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There is no doubt that we are in the midst of an energy revolution. Not only is the nature of energy changing from fossil-generated energy to renewable there is a total change in the distribution structure occurring with less focus on centralization and more on distributed energy.

Concerns about issues such as energy security, environmental sustainability, and economic competitiveness are triggering a shift in energy policy, technology and consumer focus. This, in turn, is making it necessary to move on from the traditional energy business models.

This KMI report is designed to provide a current smart grid market overview as well as insightful observations and analysis supported by statistics and examples.

In this industry report, the analysts estimate factors like distributed energy sources (DERs) to play an important role in the growth of the smart energy market over the next four years. DERs are small energy sources that can be deployed to meet the regular demand for power.

There is a marked interest in energy storage systems and as a result, many companies are investing in this technology to back up fleets of solar and wind energy plants. Battery storage is of specific interest as it is a cheap alternative and can be used as a part of the overall distribution system.

Increased investments and streamlined DERs will lead to strong market growth over the forecast period.

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