Memoori Research has unveiled a report on the international Smart Grid Business. The report titled, ‘The Smart Grid Business 2012 to 2017’ details all the factors that manipulate the development of this sector.
According to the report, in 2012, the sales of Smart Grid at installed costs across the world touched $36.5 billion. This represents an increase of 30 percent as compared to 2011. With nearly 40 percent of the revenue currently being earned by Smart Meters, the market is somewhat unbalanced. The prospective market value over the complete 20 year program for offering a total Smart Grid will be less than nine percent.
As compared to the preceding year, M&A activity increased nearly two-fold in 2013, touching $19.5 billion. The development and the rate of M&A activity demonstrate the supply side’s efforts in fulfilling the necessities for the latest technology..
In 2012, VC investment in Smart Grid saw a decline. Only 41 transactions, amounting to $779 million were carried out, which is 37 percent less than the investments received in 2011. The Memoori report, however, expects this trend to change in the future.
In the past three years, considerable development has been witnessed by the Smart Grid Industry. Additional growth in this sector still needs to be implemented. A framework for successfully building a Smart Grid is required by the regulators and policy makers in the developed markets worldwide. A system capable of accepting specific Variable Renewable Energy, that can fulfill the requirements of a low carbon economy in a practical manner, needs to be developed.
The Memoori report is 239 pages long and comprises of 31 charts and tables. Crucial conclusions influencing the prospect of the Smart Grid industry have been highlighted by the report, and amply supported by facts. The report has been priced at $999. For more details on the report, visit http://www.memoori.com/portfolio/the-smart-grid-business-2012-to-2017/.
Memoori is an autonomous market research and business intelligence provider based in London, UK. Organizations and investors are able to develop practical approaches for successful expansion with the intelligence and advice offered by Memoori.
Edited by Brooke Neuman