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Smart Grid Equipment Market to Hit $8 Billion by 2015

NanoMarkets’ Smart Grid Analysis Group has issued a new report on opportunities in the Smart Grid distribution sector. The firm predicts that the global Smart Grid distribution market will approach $8.0 billion in revenues by 2015 driven by the need to automate distribution gear so as to enhance reliability in a world where power generation is highly decentralized and of many different types, and when there are also growing concerns about blackouts and grid security. This new report also prophesies the appearance of a new kind of Smart Grid transformer specially designed to meet the intelligence and efficiency needs of the Smart Grid.

The report titled, “Smart Grid Distribution Equipment Markets,” is the latest in the firm’s on-going coverage of opportunities in the Smart Grid era. The firm will shortly publish additional reports on Smart Grid opportunities in Europe and in Asia. Further details about this and other related reports can be found on the firm’s website at

About the Report:

This report analyzes and quantifies the opportunities for firms seeking to exploit the new opportunities emerging in the Smart Grid distribution space. Areas covered include substation and pole-top transformers; substation automation, management and communications, distribution FACTS and fault current limiters. The report is worldwide study and covers the developing markets in North America, Latin America, Europe and the key countries of Asia. There are also detailed profiles of major firms that the firm believes will be the key influencers shaping Smart Grid distribution, as well as eight-year shipment forecasts in both value and volume terms of all the products covered in the study.

Firms mentioned in this report include: 3M, ABB, Alstom, American Superconductor, Beijing Superconductor, BHEL, BPL Global, Cisco, Composite Technology Corporation, Composite Technology Development, Cooper Power Systems, Crompton Greaves, CURRENT group, Eaton Electric, Echelon, Emerson Electric, GE, GridPoint, Guodian Nanjing Automation, Hyundai, Hypertech, IBM, IC Systems, Innopower, Intel, Jiangsu Linyang Electronics, LS Industrial Systems, Mitsubishi, Nexans, Oracle, RuggedCom, S&C, Siemens, Silicon Power, Sieyuan Electric, Silver Spring Networks, Sumitomo, Toshiba, Trilliant, Wasion, Waukesha Electric Systems, Zenergy, and Zhuzhou CSR Times Electric.

About Smart Grid Analysis:

The mission of Smart Grid Analysis is to provide comprehensive and actionable industry analysis of the emerging Smart Grid market that clients can leverage to meet their business and technology objectives. The data is available in our market research reports, white papers and consulting engagements or through one-on-one engagements with our analysts. Visit us on the web at

About NanoMarkets:

NanoMarkets tracks and analyzes emerging market opportunities created by developments in advanced materials. Visit for a full listing of NanoMarkets' reports and other services.


11 comments on “Smart Grid Equipment Market to Hit $8 Billion by 2015

  1. Eldredge
    October 1, 2010

    With technology, it seems as though systems designed with more intelligence also tend to be more susceptible to security issues. The companies that can provide an effective, secure approach to equipment and software should rise to the top.

  2. bolaji ojo
    October 1, 2010

    Absolutely. That's why companies like Oracle are pouring money into both hardware and software, hence the acquisition of Sun Microsystems. Intel and other semiconductor companies are also jumping into the fray. I believe Intel's top executive recently indicated the company is looking into ways to embed security functions into its microprocessors. Nowadays, it seems you can't have one without the other as governments–national, state and local–all focus on how to secure utilities and critical systems.

    It's interesting also that HP has recruited Leo Apotheker, a former SAP CEO, as its new CEO, perhaps hoping to benefit from his background in the software market. The company recently fought Dell to win data storage firm 3PAR to gain leverage in “Cloud Computing.” You can't do cloud computing without ensuring data security.

  3. tioluwa
    October 1, 2010

    Security is really a big issue now adays and a very expensive industry indeed. Although one could skeptically say that the advent of international standards for vertually every communication medium and protocol could increast security risks (with every manufacturer conforming to the same standards), but with maximum effort put into the design of these standards, such as the TCP/IP protocol stack, ZIGBEE wireless protocol, DLMS/COSEM, STS (for token generation) and the likes, the issue of security could actually be tackled on a global scale. 

  4. Eldredge
    October 3, 2010

    The report does discuss an expectation of siginificant changes in communication, security, and monitoring, among the opportunities (and challenges?) that are provided by advancements in Smart Grid technology. Also identified are opportunities for new equipment at customer premises that will need to include the capability to handle customer power generation.

  5. Barbara Jorgensen
    October 4, 2010

    It will be interesting to see what opportunities there are in developing markets for smart grid technology. Although this technology makes sense, there must be some pushback from areas where an infrastructure is already in place. Developing a smart grid from the “ground up” would be the most efficient application of this technology I think.

  6. Barbara Jorgensen
    October 4, 2010

    It will be interesting to see what opportunities there are in developing markets for smart grid technology. Although this technology makes sense, there must be some pushback from areas where an infrastructure is already in place. Developing a smart grid from the “ground up” would be the most efficient application of this technology I think.

  7. Ashu001
    October 10, 2010


    Your thinking is largely correct.Only issue nobody today has the funds to start everything from its all bits and pieces patchwork.

    The US Govt has given a lot of incentives to promote Smart Grids but only problem nobody wants to add the matching investment(atleast until there is a definite businesscase and confirmed ROI).

    This is the major reason for slowing of implementation of this very interesting piece of Technology which can effectively cut costs for all Americans in the long-run.



  8. Ashu001
    October 10, 2010


    I dont mean to sound contrarian but I prefer simpler and more robust systems,you know stuff which if it doesnt work all you need is a screw-driver or a simple “kick” to make it work.We have today added way too much complexity into our Basic Infrastructure or even our Economy.This is where majority of our problems come from.

    Nobody knows who is doing what today.Transparency for sure takes a big-big knock.



  9. Barbara Jorgensen
    October 11, 2010

    Ain't that the truth. It's very difficult to convince the government and corporations to invest in something long-term that might not show ROI short-term. Yet that is what it is going to take to get anywhere with smart grid. I wonder if educating consumers on the advantages of smart grid might not help a grass roots effort to make utility companies start the transition?

  10. Eldredge
    October 11, 2010


        I don't disagree with you at all. Probably the largest security and system complexity issues arise from trying to design architecture that is either self-sufficient (allegedly), or able to be monitored/controlled from a distance. To err is human, but to really mess things up requires a computer! For good and bad, however, that is the direction that technology, and the need for allocation of energy resources, will probably take us.

  11. hwong
    November 30, 2010

    Currently infrastructure is in progress for alot of the energy and utility companies.    An example is that when Utilities build the communications between the Smart Meters to the Backoffice, there are many new business processes, technology and systems.

    Smart grid is composed of a number of components including transmission, distribution, services beyond the meter and generation.  Some of the equipment include smart meters, sensors, switches. These devices monitor the health of the grid, control  or manage the grid itself and report customer usage



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