Smart Grid Market to 2025 Introduction
The Smart Grid concept combines a number of technologies , end-user solutions and addresses a number of policy and regulatory drivers . It enables demand response and demand side management through the integration of smart meters , smart appliances and consumer loads , micro-generation , and electricity storage ( electric vehicles ) and by providing customers with information related to energy use and prices .
The report aims to provide an overview of global smart grid market with detailed market segmentation by technology , application and geography . The global smart grid market is expected to witness high growth during the forecast period . The rise in adoption of the smart grid technologies along with firm government regulations and policies to reduce carbon emissions at the same time ensuring grid reliability on a global scale is expected to propel the demand for smart grid .
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