Energy and Power

Smart Grid Market in India 2014-2018

  • TEC169706
  • 89 Pages
  • November 2014
  • Energy and Power
About Smart Grid
A smart grid is an integration and implementation of communication, automation, and IT systems with traditional electrical grids. Smart grids efficiently monitor and control power flows and manage the load to match the real-time or near real-time generation. Smart grids increase predictability, visibility, and control of generation, making the entire system highly flexible. This helps integrate intermittent energy from renewable generation and enables enhanced peak load management. Consequently, peak power costs are reduced considerably. Electrical grid transformation to smarter grids depends on various building blocks, applications, and layers of the automation, communication, and IT systems.
TechNavio's analysts forecast the Smart Grid in India market to grow at a CAGR of 16.4 percent over the period 2014-2018.
Covered in this Report
The Smart Grid Market in India is segmented on the basis of Technology and Application.
TechNavio's report, the Smart Grid in India Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the leading states in India in terms of smart grid implementation; it also covers the Smart Grid market landscape in India and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors
ABB
GE
L&T
Schneider Electric
Wipro
Other Prominent Vendors

HCL Info Systems
CISCO
IBM
Infosys

Market Driver
Increased demand for Power and Supply Shortfalls
For a full, detailed list, view our report
Market Challenge
High Cost of Implementation
For a full, detailed list, view our report
Market Trend
Need for Energy Management
For a full, detailed list, view our report
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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