NanoMarkets’ Smart Grid Analysis Releases New Report on Smart Grid Markets in Asia: Sees $22.2 Billion Market by 2015

Published: August 04, 2010 Category: Smart Grids

Glen Allen, Virginia: NanoMarkets’ Smart Grid Analysis group has just published a new report on opportunities in Asian Smart Grid Markets. The study predicts that aggregate demand for products including high-voltage transmission, FACTS, transformers, FCLs, distribution automation and management, energy storage and smart meters in Asia will reach $22.2 billion in revenues by 2015. NanoMarkets believes that the Asian Smart Grid market will be driven especially by the need to build reliable electricity infrastructure in India and China, which together will account for more than 75 percent of the Asian Smart Grid market by 2015. However, the report also predicts that new developments in Japan and Korea in the areas of energy storage, superconductivity and other leading edge technologies will have a major impact not just in Asia, but worldwide. Other Asian Smart Grid markets including those in Singapore, Taiwan and the Philippines are also discussed in this report.

The report titled, “NEW BUSINESS OPPORTUNITIES IN ASIAN GRIDS,” is the latest in the firm’s on-going coverage of opportunities in the Smart Grid era. NanoMarkets’ Smart Grid Analysis has published on many areas of Smart Grid opportunities and will also be publishing a companion volume later in 2010 covering European markets. Further details about this and other related reports can be found on the firm’s website at http://www.nanomarkets.net.

About the Report:

This report analyzes and quantifies the opportunities for firms seeking to exploit the new opportunities emerging in the Smart Grid markets of Asia. It provides an analysis of the market and regulatory environments for Smart Grids in all the major Asian countries, as well as a discussion of the important Smart Grid projects in these countries. The most influential suppliers of Smart Grid products in Asia are profiled and eight-year shipment forecasts of Smart Grid products in both value and volume terms are included, broken out by country and system type.

Among the many companies mentioned in this report are: ABB, Areva, BHEL, Crompton Greaves, Echelon, Fuji Electric, Fujitsu, Furukawa, GE, Hitachi, Hyundai, Intel, LG, Mitsubishi,

NGK, Power Grid, Reliance, Samsung, SEL, Siemens, State Grid, Sumitomo, Tata, Toshiba,

Wasion and XJ Electric.

About NanoMarkets:

NanoMarkets tracks and analyzes emerging market opportunities in energy and electronics markets created by developments in advanced materials. The firm has published numerous reports related to electronics and display materials. Visit http://www.nanomarkets.netfor a full listing of NanoMarkets' reports and other services.

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 http://www.smartgridanalysis.com.

Contact:

Robert Nolan

NanoMarkets

(804) 360-2967

rob@nanomarkets.net

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NanoMarkets’ Smart Grid Analysis Releases New Report on Smart Grid Markets in Asia: Sees $22.2 Billion Market by 2015