Pune, India -- (SBWIRE) -- 05/23/2018 -- The smart grid market size is projected to grow from USD 20.83 billion in 2017 to USD 50.65 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 19.4%. Government policies and legislative mandates, regional government initiatives for smart meter roll-outs, increasing demand for integration of renewable energy sources, and improved grid reliability and efficient outage response are some of the factors driving the market.

The research methodology used to estimate and forecast the smart grid market begins with capturing data on key vendor revenues through secondary research, such as transport associations, transportation journals, and databases, including D&B Hoovers, Bloomberg Businessweek, and Factiva, to identify and collect information useful for this technical, market-oriented, and commercial study of the market. Vendor offerings are also taken into consideration to determine the market segmentation.

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The file affords records on the technological advancements which are certain to take place inside the coming years or are presently taking vicinity in the marketplace. furthermore, the opportunities and threats confronted by way of the principle player's dominant in the global Smart Grid marketplace were highlighted. The record research the worldwide market with high emphasis on Europe, North the us, Southeast Asia, India, Japan, and China. The export, import, revenue, manufacturing, and intake of automobile software program enterprise in those areas have been highlighted in element in the record. The document begins by means of imparting an outline of the worldwide Smart Grid market. This segment of the have a look at encapsulates the type, specs, and definition.

The marketplace has been also classified in terms of software, kinds, deployments, services, and strategies. moreover, the fundamental factors impacting the development of the market have been provided precisely. furthermore, how the hovering number of supportive authorities initiatives has raised the adoption of his industry globally is also noted.

The Top key Vendors In This Industry:
Itron (USA),Cisco (USA),Silver Spring (USA),ELO (Brazil),Alstom (Europe),S&T AG(Europe),ABB (Europe),Schneider Electric (Europe),Chinawallink(China),Huawei (China),Wasion (China),CHINA XD GROUP (China),Industrial System (South Korea),Nuri (South Korea),SK telecom (South Korea,Iljin (South Korea),Toshiba (Japan),Fujitsu (Japan),Infosys (India),Wipro (India),Ericsson

In addition, the increasing projects taken by governments globally which will provide impetus to the development of the overall market. Factors that may hamper the market's growth and challenges faced by the players are also mentioned in this study. Also, the competitive landscape of the market has been presented. In this section, the prominent players operating in the Smart Grid market have been presented. These players have been studied on chief attributes such as company profiles and product specifications.

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The aspects that are anticipated to affect the growth of the market, be in an undesired or desired way, have been cleared out in the best possible manner. Considering the produce and worth of the Smart Grid market, detailed studies have been done during the forecast period which is mentioned.

Table of Content:
Chapter 1 Smart Grid Industry Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis

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