September 13, 2010 10:08 ET

Smart Grid Market to Reach $23 Billion in 2010

ROCKVILLE, MD--(Marketwire - September 13, 2010) - has announced the addition of Visiongain's new report "The Global Smart Grid Market 2010-2020" to their collection of Utilities market reports. For more information, visit

"The Global Smart Grid Market 2010-2020" outlines trends in the revolutionary smart grid market. The direction of the market over the next decade is detailed, outlining the strengths and weaknesses of different smart grid markets with targeted sales forecasts.

Based on Visiongain's research, the global smart grid market in 2010 is worth $23 billion. The report analyzes, quantifies and forecasts the expected growth in the global and regional smart grid markets over the period 2010-2020. These forecasts are underpinned by Visiongain's forecast of smart grids as a rapidly developing market sector over the period 2010-2020.

The report offers in-depth analysis of the smart grid as a revolutionary advancement in the energy industry -- an industry which is undergoing profound changes. Smart grid is a major growth area within the energy world, but this growth is developing in particular directions which are outlined in this report. The report analyzes a wealth of data and introduces a clear analysis of where the market will develop based upon diverse factors and insight into the market, anticipating how and why the market will evolve from 2010 onwards.

The report also describes the most important applications within the smart grid space and assesses their prospects over the long term. The various drivers and restraints of the market are assessed in order to provide readers with specific insights into the future direction of the smart grid market.

How much will the smart grid market increase over the period 2010-2020? How much will individual regions spend on smart grids between 2010 and 2020? Who are the leading companies in the smart grid industry? Where are the growth opportunities over the next decade -- in which geographical region and with which technologies and types of applications? These critical questions and many more are definitively answered in this comprehensive report.

For more information, visit

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