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Emerging Markets Smart Grid: Outlook 2017LONDON, Feb. 22, 2017 /PRNewswire/ -- Group's Emerging Markets Smart Grid: Outlook 2017 is the sixth edition of its annual emerging markets smart grid overview. This study looks ahead over the next decade to project where smart grid infrastructure investment will occur in developing countries. To-date, most smart grid investment has been concentrated in developed countries. This mainly includes countries in North America, Western Europe, and East Asia. These markets represent over 75% of the current installed base of smart meters and many of the pioneering distribution automation, analytics, home energy management, and other smart grid initiatives. But many countries in the rest of the developing world are positioning themselves to quickly catch up. The 50 countries in this study have all begun to explore smart grid deployments, and in many cases have advanced regulatory frameworks and extensive pilot projects in place. With GDP growth rates more than double those in the developed world (5.1% per year from 2017 – 2021), these 50 countries will have the funds available to undertake significant grid modernizations. Download the full report: https://www.reportbuyer.com/product/3866771/ Perhaps most significantly, 21 of the 50 countries in this study have some form of smart meter target. In the cases of CEE countries such as Estonia, this is already leading to large-scale deployments and full smart meter penetration can be expected in the near term. In other countries, the targets serve as guides or only mandate deployments to high-consumption residents. In all cases though, these targets are pushing regulators to adopt complimentary regulations that will drive the smart grid market. Additionally, smart meter pilots have already begun in many of the other countries where there are not yet targets. As a result, the overall smart meter penetration rate for the 50 countries in this study is expected to reach 74% by 2027. Key questions answered in this study: - What are the key themes for the global smart grid market in 2017? - How will new LPWAN standards affect emerging market deployments? - Which tenders are expected for 2017 and which tenders are stalling? - What smart grid activity took place in emerging markets in 2016 and what is expected for 2017? - Who were the leading international vendors in emerging markets? What is their market share in emerging markets? Who are the most important local vendors? - What is the forecast market for AMI, distribution automation, wide area measurement, home energy management, and IT in each emerging market region? - How do emerging markets compare with developed countries in forecast deployments? - Which countries were most active in developing smart grid-related policies and which countries took a step back? Download the full report: https://www.reportbuyer.com/product/3866771/ About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/emerging-markets-smart-grid-outlook-2017-300411871.html SOURCE ReportBuyer |