|[November 15, 2012]
Shipments of Satellite-Based Communications Nodes for Smart Grid Applications will Quadruple by 2020, According to Pike Research
BOULDER, Colo. --(Business Wire)--
As the smart grid market matures, applications like substation
automation, distribution automation, advanced metering infrastructure
backhaul, network redundancy, remote monitoring, and mobile workforce
applications are all gaining increased attention from utility managers
looking to wring more costs out of their business models. Whereas
alternative communications options are generally more practical and
cost-effective for home area network and neighborhood area network smart
grid applications, in the situations mentioned above, satellite
communications is an increasingly viable and, at times, the only
alternative. According to a recent report from Pike
Research, a part of Navigant's Energy Practice, this will lead to
steady growth in the market for utility satellite communications.
Shipments of satellite-based communications nodes for smart grid
applications will more than quadruple by 2020, the study concludes,
growing from 11,500 in 2012 to nearly 48,000 in 2020.
"In order to bring smart grid functionality and all of its benefits to
sparsely populated geographies, satellite communications represent a
clear path forward," says research director Carol Stimmel. "What's more,
as a non-terrestrial-based network, satellite communications may be the
only solution to keep the grid connected or bring it back online rapidly
in cases of natural (or manmade) disasters. Looking ahead, as satellite
technology advances and emerging markets bring electric service to
underserved areas, satellite appears to be well-positioned to play a
Satellite communications will play a key enabling role in not only the
expansion of the smart grid but also the spread of renewable distributed
generation facilities, according to the report. Integrating the growng
number of wind and solar microgrid sites into utilities' overall
communications networks often means reaching remote, rural areas.
Satellite communications' ubiquitous coverage and relatively low
equipment costs allow utilities to attach these sites to their
communications network quickly and inexpensively.
Pike Research's (News - Alert) report, "Satellite
Communications for Smart Grid Applications", examines the economics
and dynamics of satellite communications as it relates to smart grid
deployments. The study provides an in-depth examination of market
drivers, technology issues and standards, and the competitive landscape
for smart grid networking. Detailed market forecasts are included for
unit shipments and infrastructure and satellite service revenue,
segmented by technology, application, and world region, through 2020. An
Executive Summary of the report is available for free download on the Pike
About Pike Research
Pike Research, which joined Navigant's global Energy Practice on July 1,
2012, provides in-depth analysis of global clean technology markets. The
team's research methodology combines supply-side industry analysis,
end-user primary research and demand assessment, and deep examination of
technology trends to provide a comprehensive view of the Smart Energy,
Smart Grid, Smart Transportation, Smart Industry, and Smart Buildings
sectors. Additional information about Pike Research can be found at www.navigant.com/pikeresearch.
Navigant (NYSE: NCI) is a specialized, global expert services firm
dedicated to assisting clients in creating and protecting value in the
face of critical business risks and opportunities. Through senior level
engagement with clients, Navigant professionals combine technical
expertise in Disputes and Investigations, Economics, Financial Advisory
and Management Consulting, with business pragmatism in the highly
regulated Construction, Energy, Financial Services and Healthcare
industries to support clients in addressing their most critical business
needs. More information about Navigant can be found at www.navigant.com.
* The information contained in this press release concerning the
report, "Satellite Communications for Smart Grid Applications,"
is a summary and reflects Pike Research's current expectations based on
market data and trend analysis. Market predictions and expectations are
inherently uncertain and actual results may differ materially from those
contained in this press release or the report. Please refer to the full
report for a complete understanding of the assumptions underlying the
report's conclusions and the methodologies used to create the report.
Neither Pike Research nor Navigant undertakes any obligation to update
any of the information contained in this press release or the report.
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