Asia’s burgeoning smart-grid market is expected to generate $15.83 billion in revenue in 2018, up from just $5.4 billion in 2012, as demand response and energy management systems grow in popularity.
The forecast comes from Frost & Sullivan, which also believes that “Southeast Asia’s desire to switch to smart grids” will fuel smart-grid sales over the next six years.
The market-research company says Asia’s smart-grid market has already been given a huge boost from the rollouts of advanced metering infrastructure in Australasia and smart city projects in North Asia.
via Asia smart-grid revenues to grow threefold by 2018: Frost & Sullivan | TelecomEngine.com.








