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Smart Energy Market Industry Growth 2019: GE-Alstom, Itron, Siemens, AB, S&T, Samsung SD, A123, Bosch, BYD, Landis + Gyr, Sensus, AES Energy Storage, LG Chem, Saft, Axion Power International, Solar Grid Storage LLC

05-30-2019 08:05 AM CET | Energy & Environment

Press release from: Worldwide Market Report

Smart Energy Market

Smart Energy Market

Smart grids are expected to cut down losses in the transmission and distribution of power and balance the demand and supply of electricity effectively. The net result is that investments in smart grid technology have helped to propel the growth of smart grid IT systems too. The emergence and installation of smart grids has resulted in the growth of innovative power supply technologies, which in turn will have a positive impact on the growth of the smart energy market until the end of 2020.

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Key manufacturers are included based on company profile, sales data and product specifications etc.:
GE-Alstom, Itron, Siemens, AB, S&T, Samsung SD, A123, Bosch, BYD, Landis + Gyr, Sensus, AES Energy Storage, LG Chem, Saft, Axion Power International, Solar Grid Storage LLC

Smart meter is an electronic device that records the consumption of electric energy and communicates the information to electricity suppliers for monitoring and billing. Smart meters typically record energy hourly or more frequently, and report at least daily. Growing pressure on conserving natural resources and government regulations on the use of water, electricity and gas coupled with the advancements in metering technologies are expected to positively influence global smart meters market during the forecast period.

The country is focusing on upgrading and replacing outdated infrastructure, enabling grid reliability, and installing smarter power networks. The factor responsible for this demand in Asia-Pacific is conducive government initiatives, including proper allocation of funds and making smart meters mandatory in many countries. 

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Major applications as follows:
Smart Grid
Digital Oilfield
Home Energy Management Systems (HEMS)
Smart Solar
Others

Major Type as follows:
Independent Type Smart Energy
Distributed Smart Energy

About Us:
Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun. The in-depth market analysis by some of the most vastly experienced analysts provide our diverse range of clients from across all industries with vital decision making insights to plan and align their market strategies in line with current market trends. Worldwide Market Research’s well-researched inputs that encompass domains ranging from IT to healthcare enable our prized clients to capitalize upon key growth opportunities and shield against credible threats prevalent in the market in the current scenario and those expected in the near future.

Mr. Shah
Coherent Market Insights
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#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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