|[September 03, 2013]
Research and Markets: Smart Grid Market in India 2013
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/9mpxns/smart_grid_market)
has announced the addition of the "Smart
Grid Market in India 2013" report to their offering.
This latest market research report titled Smart Grid Market in India
2013 covers a wide spectrum of concerns in the smart grid industry and
identifies several factors impacting smart grid deployment in India. A
Smart Grid is an energy internet that delivers real time energy
information through technologies that help stabilize existing grids with
precise power control.
The technology has emerged as a growing phenomenon in the global
industrial arena and has also been given high national priority by the
Indian Government. 14 pilot projects have been initiated and the market
has also witnessed substantial investments from local and international
players. The boom in the sector has also attracted several IT majors who
have formed partnerships to develop Smart Grid solutions in India.
The smart grid industry is also witnesing a global pull owing to the US
based sector's target of 80% renewable and 100% consumer participation
in smart grid technology by 2035. China has also revealed plans to roll
out 300 mn smart meters by 2015. The demand-supply gap of power in India
will also act as a major driver for smart grids in the Indian market.
The market's affinity for renewable energy is also expected to stimulate
its demand. The report also identifies a few pain points in the industry
that includes the need for larger investments and awareness in the
market. Events such as Smart Grid Summit and World Smart Grid Conference
are therefore being organized to gather, discuss and find solutions for
Smart Grid development in India. The Ministry of Power (Government of
India) has constituted two organizations such as ISGF and ISGTF for
developing Smart Grid Technology in India, according to the report.
Key Topics Covered:
Macro Economic Indicators
Smart Grid Technologies
Drivers & Challenges
- ABB Ltd.
- HCL Technologies (News - Alert) Ltd.
- Infosys Ltd.
- Larsen and Toubro Ltd.
- Siemens Ltd.
- Wipro Ltd.
- Cisco (News - Alert) Systems (India) Pvt. Ltd.
- Ecolibrium Energy Pvt. Ltd.
- GE India Industrial Private Ltd.
- IBM India Pvt. Ltd.
- Itron India Pvt. Ltd.
- Schneider Electric (News - Alert) India Pvt. Ltd.
For more information visit http://www.researchandmarkets.com/research/9mpxns/smart_grid_market
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