The deployment of the US smart grid is expected to create a thriving market for smart grid enabling technologies, especially smart meters. During 2008-2009, GlobalData predicts a year-on-year growth of 24% for smart meter installations”
The advent of smart grid bodes well for the alternative energy generation industry. Inherent technical deficiencies have long prevented the assimilation of alternative energy generation systems into mainstream power production. Smart grid will remove such inefficiencies and enable a seamless introduction of these distributed generation sources into the power grid.
GlobalData’s brand new report, “The US Smart Grid Opportunity: Analysis and Market Forecasts” identifies the opportunities offered by the ongoing smart grid deployment in the US. The report identifies and discusses key industry dynamics such as growth drivers, barriers, policies etc. and has a brief technical overview section covering various smart grid components. The competitive scenario analysis section of the report provides competitive intelligence on key players in the US smart grid industry. The report also covers the US market for advanced batteries explaining its role in ensuring efficient functioning of the smart grid.