Global Smart Grid Market to Reach US$118.1 Billion by 2019 Due to Transmission Upgrades

A recent study by Transparency Market Research states that growing at a CAGR of 18.2% from 2013 to 2019, the global smart grid market will reach US$118.1 billion in 2019, up from US$37.7 billion in 2012.

Transparency Market Research has announced the release of a report titled “Smart Grid Market (Advanced Metering Infrastructure, Distribution Automation, Software and Hardware, Communication Technologies, Transmission Upgrades, Cyber Security) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019.”

This report states that growing at a CAGR of 18.2% from 2013 to 2019, the global smart grid market will reach US$118.1 billion in 2019, up from US$37.7 billion in 2012. Read the full story on tdworld.com here

 

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