Market Research Reports, Inc. has announced the addition of “Smart Grid Market in India 2013“ research report to their offering.
Lewes, DE -- (SBWIRE) -- 09/03/2013 -- Smart Grid Market in India 2013 report covers a wide spectrum of concerns in the smart grid industry and identifies several factors impacting smart grid deployment in India. A Smart Grid is an ‘energy internet’ that delivers real time energy information through technologies that help stabilize existing grids with precise power control.
The technology has emerged as a growing phenomenon in the global industrial arena and has also been given high national priority by the Indian Government. 14 pilot projects have been initiated and the market has also witnessed substantial investments from local and international players. The boom in the sector has also attracted several IT majors who have formed partnerships to develop Smart Grid solutions in India.
The smart grid industry is also witnessing a global pull owing to the US based sector’s target of 80% renewable and 100% consumer participation in smart grid technology by 2035. China has also revealed plans to roll out 300 mn smart meters by 2015. The demand-supply gap of power in India will also act as a major driver for smart grids in the Indian market. The market’s affinity for renewable energy is also expected to stimulate its demand.
Spanning over 127 pages, 18 figures, “Smart Grid Market in India 2013” report also identifies a few pain points in the industry that includes the need for larger investments and awareness in the market. Events such as Smart Grid Summit and World Smart Grid Conference are therefore being organized to gather, discuss and find solutions for Smart Grid development in India. The Ministry of Power (Government of India) has constituted two organizations such as ISGF and ISGTF for developing Smart Grid Technology in India, according to the report.
In addition to covering the Macro Economic Indicators, Introduction, Market Overview, Smart Grid Technologies, Pilot Projects, Drivers & Challenges, Government Participation, Trends, Recent Developments, Competitive Landscape, Strategic Recommendations. The report covers 6 public companies - HCL Technologies Ltd., Infosys Ltd., Wipro Ltd., Larsen and Toubro Ltd., Siemens Ltd., ABB Ltd. and 6 private companies - Schneider Electric India Pvt. Ltd., Ecolibrium Energy Pvt. Ltd., Itron India Pvt. Ltd., Cisco Systems (India) Pvt. Ltd., IBM India Pvt. Ltd., GE India Industrial Private Ltd.
Find all Energy and Utilities Industry Reports under a single page at: Energy and Utilities Market Research Reports
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