the forecast period. The growing investment in the smart solar in the North American region is due
to the information flow and communication technology (ICT) incorporation, through end-use
segments, particularly in households and commercial buildings.
Competitive Analysis
The rivalry in the market is expected to ramp up in the near future as the user base becomes
proliferated with quality products. However, the push of favorable policies laid down by
government bodies and trade institutions is anticipated to create an encouraging development rate.
The improvement of production resources is expected to further reflect positively on the overall
growth scenario of the market. The growth momentum of the market is anticipated to witness a
prolific leap in the approaching years. The availability of better resources and improved
accessibility to said resources is expected to create a potential for development in the coming years.
Also, increased availability of funds from investment goliaths and venture capitalists is expected
to promote a favorable growth scenario in the market in the approaching period. The development
of alternate resources is projected to enhance the overall product offering in the coming years.
The imperative contenders of the smart solar market are GE Power (US), Sensus USA, Itron Inc.
(US), Landis+GYR AG (Switzerland), Schneider Electric (France), Echelon Corporation (US),
ABB (Switzerland), Silver Spring Networks Inc. (US), Inc. (US), and Urban Green Energy (UGE)
International (US).
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