10-05-2013, 02:32 PM
Smart Grid Market Outlook: Market and Technological Trends, Competitive Analysis, Major Deals and Investments
Smart Grid Market Outlook.pptx (Size: 66.42 KB / Downloads: 21)
INTRODUCTION
The US and the European Union (EU) Emerged as the Top Smart Grid Markets in 2009
The development of global smart grid market was led by the US and the European Union (EU) in 2009. The US emerged as the top smart grid destination in 2009. Investments from global power electronics majors such as Siemens AG, ABB Ltd. among others continued to flow into the US market. The developments were complemented by US start-up companies such as Silver Spring Networks that undertook significant number of activities. The EU emerged as another attractive market for smart grid technologies. The first implementation of smart meters took place in Europe in 2006. The Europ
Fund Inflow in Smart Grid Will Gather Pace in 2010
Funding for smart grid projects and technologies increased in 2009. The venture capital firms provided seed capital to numerous promising smart-grid start ups such as Silver Spring Networks.
The US and the European Union (EU) Emerged as the Top Smart Grid Markets in 2009
The development of global smart grid market was led by the US and the European Union (EU) in 2009. The US emerged as the top smart grid destination in 2009. Investments from global power electronics majors such as Siemens AG, ABB Ltd. among others continued to flow into the US market. The developments were complemented by US start-up companies such as Silver Spring Networks that undertook significant number of activities. The EU emerged as another attractive market for smart grid technologies. The first implementation of smart meters took place in Europe in 2006. The European Union’s pledge to reduce carbon emissions by 20% by the year 2020 will aid in rapid implementation of smart grids in Europe.