Research and Markets: Smart Grid Market and Technology Outlook

DUBLIN–(BUSINESS WIRE–

(http://www.researchandmarkets.com/research/bc55a2/smart_grid_market
has announced the addition of GlobalData’s new report «Smart
Grid Market and Technology Outlook – Industry Trends and Competitive
Analysis» to their offering.

Smart
Grid Market and Technology Outlook – Industry Trends and Competitive
Analysis, that provides a detailed account of the developments in
global smart grid markets in 2010 and their implications for the market
in 2011-2016. The report provides information on the current scenario
and an outlook on smart grid markets, investments, revenues and the
competitive landscape. The report explains the current state of the
global smart grid industry in terms of various upcoming technologies
such as Vehicle to Grid (V2G, cloud computing, Outage Management
Systems (OMS, microgrid and more. The report also discusses various
projects, plans and policies related to the installation of smart grids
that have initiated by governments around the globe. It provides details
about the investment trends of global smart grid technologies, and
covers key financing activities such as mergers, acquisitions,
partnerships, private equity and venture capital. A section of the
report is dedicated to an analysis of the current competitive scenario
amongst global vendors of smart grid technologies.

This report is built using data and information sourced from proprietary
databases, primary and secondary research and in-house analyses by
GlobalData’s team of industry experts.

Cloud computing has emerged as a potential solution for managing data
generated from the advanced metering technology used in smart grids.
Issues related to the large-scale, real-time computing, communication,
transfer and storage of data generated by smart grid technologies can
all be addressed through cloud computing. Cloud computing is a new
phenomenon in the field of information technology that will allow
utilities to make better use of their storage and processing capacity in
smart grids. The need for cloud computing will increase as the
deployment of smart meters and intelligent electronic devices increases.

The need to improve power grid security has been a major global concern.
Increased use of various technologies, such as advanced storage systems,
advanced metering infrastructure and wireless networks, has led to
increased concern over the physical and cyber-based security of the
smart grid and its components. Security in smart meters is mostly
related to the physical design of the meters. However, tamper-proof
meters are now available that alert consumers and utilities to
interference. Smart meter security is also critical at the consumer end
of the process. Various companies and organizations are taking a cue
from the NIST guidelines and are likely to release new products and
solutions with the aim of improving the security of smart grid
applications: Cyber security vendors such as Boeing Corporation,
Lockheed Martin, and BAE Systems, for example, provide various security
solutions. The increasing focus on cyber security is expected to
encourage consumers to use smart grid technologies, by allay their
concerns about the security of their data.

1 Tables Figures

2 Introduction

3 Upcoming Technologies, Projects and Initiatives

4 Global Smart Grid Market: Emerging Issues eqoq

5 Major Deals and Investments in the Smart Grid Industry

6 Competitive Landscape Analysis of the Key Players in Smart Grid
Technology

7 Appendix

For more information visit http://www.researchandmarkets.

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