Press release
Global Smart Energy Market 2019 – Emerging Growth, Competitive Intelligence and Tracking Report Forecasts to 2025
Global Smart Energy Market Size study, by Type (smart grid, home energy management systems (HEMS), smart solar
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Global Smart Energy Market valued approximately USD XXX billion in 2017 is anticipated to grow with a healthy growth rate of 15 % over the forecast period 2018-2025. The emergence of distributed energy sources is considered as a key trend for the smart energy market over the forecast period. It plays a vital role in smart energy and can be deployed to meet regular demand for power & energy. Moreover, rising deployment of smart grid technologies is expected to create lucrative growth opportunities for the global smart energy market over the forecast period of 2018-2025.
The smart energy market is significantly driven by the increasing investments in smart grid technologies. Since, smart grids introduces a different set of protocols and increased emphasis on renewable energy in the energy mix of countries around the world. According to the Smart America Organization, United States government would invest approximately $41 trillion over the next 20 years with an aim to upgrade their smart-grid infrastructure. Through this investment, United States government aims to create environmental sustainability and enhance the quality of life for its citizen. Similarly, as per the China Electricity Council, by 2020, Chinese government plans to construct three major transmission lines, each expected to reach 20GW of transmission capacity, promoting adoption of smart grid technology in the country. In 2015, the government of China invested around $101 billion and these funds are dedicated to developing smart grid technology. However, high cost of upgrading smart grids is expected to hinder the growth of the smart energy market during the forecast period.
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Leading players covered in the Global Smart Energy Market report:
• ABB LTD
• GE Energy
• Itron
• Landis + Gyr
• Sensus
• S&T
• Siemens
• Bosch
• LG-Chem
• Solar Grid Storage LLC
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
• Smart Grid
• Digital Oilfield
• Smart solar
• Home energy management systems (HEMs)
• Others
By End-user:
• Commercial Sector
• Residential Sector
• Industrial Sector
By Regions:
• North America
• Europe
• Asia Pacific
• LAMEA
• ROW
About Ample Market Research
Ample Market Research provides comprehensive market research services and solutions across various industry verticals and helps businesses perform exceptionally well. Attention to detail, consistency, and quality are elements we focus on. However, our mainstay remains to be knowledge, expertise, and resources to make us industry players.
Our mission is to capture every aspect of the market and offer businesses a document that makes solid grounds for crucial decision making.
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