Asia-Pacific To Emerge As The Next Destination For Smart Grid Investments
A higher proportion of smart grid installations are going to occur in the Asia-Pacific region as the governments in the region take measures to wipe out inefficiencies in their legacy grids. The mounting losses of power in transmission and distribution annually, coupled with the need to end their dependence on imported energy resources, have forced the energy-hungry Asia-Pacific nations to expedite smart grid implementation. This development is extremely crucial for global smart grid vendors as the Western nations face hurdles to the implementation of their smart grid plans. Due to these factors, the Asia-Pacific region is likely to emerge as the next destination for global smart grid investments.
Asia-Pacific To Emerge As The Next Destination For Smart Grid Investments
Scope
- Market prospect of smart grid technologies
- Key drivers for market growth in Asia-Pacific
- Regional smart grid plans in Asia-pacific
- Possible barrier to market penetration of smart grid technologies
Reasons to buy
- Identify key growth and investment opportunities in smart grid sector
- Gain insight on the industry’s growth potential
- Developing strategies
- Facilitate decision-making based on upcoming market developments in the smart grid sector