Market Research Reports, Inc. has announced the addition of “Global Smart Energy Market 2016 - 2020” research report to their website www.MarketResearchReports.com

Lewes, DE -- (SBWire) -- 07/22/2016 --Report forecast the global smart energy market to grow at a CAGR of 14.91% in terms of revenue during the period 2016-2020.

The smart energy market can be simply defined as the one that constitutes devices that have inbuilt artificial intelligence to carry out their daily activities without any human interference. The smart energy market comprises multiple technologies such as smart grids, smart homes, and smart solar and digital oil fields. Smart grids are systems that use digital communication technologies in electricity generation, transmission, and distribution, thereby automating the value chain.

Smart grids comprise devices and technologies such as smart meters, grid optimization, distributed generation, and storage. Smart homes are equipped with modern technologies such as lighting and heating that can be controlled remotely by smartphones or remotes.

The report covers the present scenario and the growth prospects of the global smart energy market for 2016-2020.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, a key growth driver is the rise in investments in smart grid technologies. Rise in population and subsequent increase in power consumption have resulted in high demand for power across geographies. With increased power consumption, generation, and increased contribution of renewable sources of energy, different countries such as the US, China, India, and the UK have been upgrading their grids to incorporate multiple sources of energy to be smarter than their predecessors. Smart grids are expected to reduce the T&D losses and effectively balance the demand and supply of electricity. Consequently, investments in smart grid technologies have increased and propelled the growth of smart grid IT systems.

Further, the report states that one challenge that could restrict market growth is the high cost of upgrading smart grids.

Global Smart Energy Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global smart energy market: GE Energy, Itron, Landis +Gyr, Sensus, Siemens, ABB, and S&T.

Market driver
- Rising investments in smart grid technologies
- For a full, detailed list, view our report

Market challenge
- High cost of upgrading smart grids
- For a full, detailed list, view our report

Market trend
- High rate of deployment of smart grids
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 80 pages and 48 Exhibit "Global Smart Energy Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-smart-energy-market-2016-2020

Related Reports;

Global Smart Grid IT Systems Market 2016-2020 - Visit at - http://www.marketresearchreports.com/technavio/global-smart-grid-it-systems-market-2016-2020

Global Valve Regulated Lead Acid Batteries Market 2016-2020 - Visit at - http://www.marketresearchreports.com/technavio/global-valve-regulated-lead-acid-batteries-market-2016-2020

About Market Research Reports, Inc.
Market Research Reports, Inc. is the world's leading source for market research reports and market data. We provide you with the latest market research reports on global markets, key industries, leading companies, new products and latest industry analysis & trends.

Yearly/Quarterly Report Subscription: http://www.marketresearchreports.com/subscriptions