Transparency Market Research Report Added “Smart Grid Technologies Market” to its database.
Albany, NY -- (SBWIRE) -- 06/09/2014 -- Transparency Market Research Reports included a detailed market survey and analysis trends on “Smart Grid Technologies Market”. This report also includes more info about basic overview of the industry including definitions, applications and global market industry structure.
The growing need of nations across the globe to reduce the cost of blackouts is driving the market for smart grids. The conventional electrical grids installed in many countries are now aging and this is causing massive electrical blackouts. Governments of many countries are incurring huge losses in order to maintain conventional electrical grids, owing to which they are now focusing on smart grid technologies.
Browse Full Report with TOC: http://www.transparencymarketresearch.com/smart-grid-technologies.html
The market is primarily driven by the growing need of robust electrical supply technologies that cannot be interrupted. According to a study, power outages and blackouts costs nearly USD 80 billion annually in the United States. To reduce these costs, governments are continuously looking for new technologies which are more effective and efficient.
Some other factors the market desires include the characteristics of these technologies such as the ability to generate higher quality power and the fact that these are self correcting. However, the market is inhibited by huge initial capital required to set up these technologies and the lack of awareness amongst under developed countries.
Some of the leading companies operating in this industry segment are Alvarion Inc, Ambient Corp, American Superconductor Corp, Comverge Inc, and 3 M Company.
Browse More Research Report on Technology and Media Market: http://www.transparencymarketresearch.com/technology-market-reports-8.html
About Us:- Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers.
TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
90 State Street,
Albany NY – 12207
Browse Market Research Report:- http://marketingfirmblog.wordpress.com/