Europe Smart Grid Opportunity: Analysis and Market Forecasts

The new report "Europe Smart Grid Opportunity: Analysis and Market Forecasts" provides an in-depth analysis of the smart grid related developments in Europe. The report covers various aspects of the smart grid and related technologies such as market sizing, investment scenario analysis and competitive landscape analysis. At the very outset, the report discusses the concept of smart grid and the benefits arising out of its implementation. The report proceeds to explain the smart grid industry dynamics in Europe identifying the key market drivers, industry challenges and providing a list of smart grid pilot projects in Europe. The report assesses the European smart grid market by analyzing Europe into five different regions. It elaborates on the European market for smart meters, advanced energy storage systems, high voltage direct current cables, wind and solar energy generation systems and broadband over power line. A section of the report is dedicated to the major policies and standards related to the smart grid industry in Europe.

Reduction in Power Losses from Legacy Grids will drive the Implementation of Smart Grids

European countries are slowly becoming aware of the potential to incorporate energy efficient technologies in the power grid to reduce power losses and remove associated inefficiencies. The European power grids incur losses amounting to billions of dollars every year which increase the costs of both energy generation and consumption. The energy efficient features of smart grid will help to reduce the losses by almost 50% which acts as a major incentive for European governments to upgrade to a smarter grid.

Lack of Political Consensus to Hamper Cross-Border Grid Interconnection

The deployment of a Pan-European smart grid is facing problems due to the lack of political consensus among the European nations. The full potential of smart grids across Europe can only be realized if the renewable energy resources of the different European nations are utilized through cross-border grid interlinking. The unwillingness of the European governments to share their national resources is hampering the prospect of Pan-European grid interlinking. GlobalData assesses that a concerted effort from the European Governments is imperative to implement a monolithic power grid for all of Europe. Positive developments such as the electric transmission corridor between France and Spain can only help the cause for a cross-border grid interconnection that serves the whole of Europe.

Smart Meter Market to Become Stagnant by 2012

The European market for smart meters is expected to face stagnancy by 2012. The smart meter rollouts in Europe have been in progress since 2003 and have gained momentum in recent years. Progressive European nations such as Italy and the UK have emerged as torchbearers for smart meter implementation in Europe. However, this growth is mostly restricted to the middle and south European regions. The market for smart meters in Europe is expected to rise during the period 2009-2011 at a CAGR of 16.3% only to become stagnant during the next two years. Over the period 2013-2015, the smart meter market is predicted to face a decline due to it becoming a mature market characterized by a narrow base of households and establishments that require new smart meter installations. The cumulative installed base of smart meters in Europe is expected to grow at a CAGR of 18.44% during the period 2009-2015.

Broadband Over Power Line to Lose out to competing Technologies

The European market for Broadband over Power Line (BPL) will decline rapidly during the period 2009-2015. BPL was under test for a while in Europe to deliver online content over utility distribution lines. Practically, all of these test projects yielded undesired results such as interference with the radio waves forcing the utilities to abandon most of these projects. The disastrous results of the BPL pilot projects undertaken have cast a dark shadow over the viability of BPL as competing internet technologies such as DSL, WiFi, and WiMAX . With all these disadvantages, the report predicts a steady demise for BPL technology that provides internet connectivity over power lines.
Acquisition Activities Continue Amidst Recession

The acquisition activities in the European smart grid industry have maintained a steady pace during the period 2002-2009. In 2009, up to date 3 acquisitions have taken place among the key players. The outbreak of the financial crisis across the world has done little to dampen the spirit of the investors. This is a healthy trend that indicates sustained interest of investors in the smart grid related developments in Europe.

The report provides detailed analysis and forecasts of the Europe Smart Grid market in particular. It also helps in analyzing and forecasting key metrics relating to the market size and growth. It provides information relating to the major smart grid projects and also the new projects in Europe. The report helps to comprehend the smart grid and infrastructure industry and the regulatory framework regarding the smart grid market in Europe. It offers interesting results on the market share of the top manufacturers and service providers in Europe smart grid industry. Additionally, it also provides five profiles of the major smart grid providers/companies in Europe. The report also provides trends and analysis of investments in Europe smart grid market as well as deal summary and news flow for the last 6 months. On an all, it helps an investor to gauge the market and technological development of Europe smart grid market.

Scope

- The report analyzes market opportunities, drivers and challenges emerging from the smart grid rollout in Europe for the players spanning industries from power, information technology, to telecommunications. Its scope includes:
- Detailed analysis of European markets for smart meters, High Voltage Direct Current (HVDC) cables, wind power, solar power and advanced energy storage technologies
28 member nations of the European Union are covered that include the UK, Germany, France, Spain
- Annualized Installed Base of Smart meters from 2001 to 2015
- Annualized Cumulative Installed Base of Smart meters from 2001 to 2015
- Annualized Market Revenues from Smart meters from 2001 to 2015
- Annualized Customer Base of Broadband over power line from 2001 to 2015
- Annualized Installed Capacity data for Europe Wind and Solar Power markets
- Detailed Coverage of Smart Grid Pilot Projects In Europe
- Key industry metrics such as growth drivers and restraints.
- Competitive Scenario Analysis of key smart grid technologies with profiles of companies such as Siemens AG, Landis+Gyr AG, General Electric Company, AREVA T&D and ABB Ltd.
- Regulatory framework – Policies and Standards governing the market
- The report sources its data and information sourced from proprietary databases, primary and secondary research and in house analysis by GlobalData’s team of industry experts.

Reasons to buy

- Identify the opportunities to be thrown open by the development of smart grid infrastructure in Europe
- Increase revenues by understanding the key markets of smart grid components in Europe
- Be ahead of the competition and prepare for the prospects and challenges in the future
- Gain the most up to date and in-depth information on the Europe Smart Grid market
- Analyzes the Europe Smart Grid Industry
- Facilitate decision-making based on strong historic and forecast data, deal analysis and recent developments
- Develop strategies based on the latest operational and regulatory events in the Europe