by Shane Henson — August 29, 2012—SBI Energy, a division of MarketResearch.com, recently released World Smart Grid, 2nd Edition, a publication that provides a comprehensive analysis of the current market for Smart Grid-enabling technologies, and projects future market size through 2031.
According to SBI Energy, market concerns including energy demand, environmental impact, economic conditions, consumer acceptance, stakeholder concerns, and government activities are discussed in terms of their impact on market growth for the Smart Grid and its enabling technologies. The report also profiles selected companies that manufacture and market technologies that enable the Smart Grid, and the strategies they have adopted to maximize growth and profitability.
This publication is both thorough and timely, notes SBI Energy. Recent blackouts in India and parts of the United States are fresh reminders that grid infrastructure revitalization and improvement are truly global challenges, says the company. Service disruptions are another stressor to the global economy, as they produce economic losses through lost business and added costs to energy. According to SBI Energy’s market analysts, responses to grid instability the world over are anticipated to include Smart Grid technologies as less costly complements to additional power plants, and transmission and distribution infrastructure expansions and rejuvenation.
