25 Emerging Market Countries will be $27 to $49 Billion Smart Grid Opportunity Over The Next Decade
WASHINGTON, Dec. 7, 2011 /PRNewswire/ — A new study has identified 25 emerging market countries that are positioned for the next wave of smart grid activity over the coming decade. These countries will represent a smart metering market alone of at least $27 billion and could reach $49 billion by 2020. The total number of electricity meters in these countries will grow to 406 million by 2020, with 28% already under some regulatory mandate or target to be “smart meters.” The new study, released by Northeast Group, LLC is entitled “Emerging Markets Smart Grid: 25-Country Overview.” It analyzes the smart grid potential of 25 countries from Central/Eastern Europe, Latin America, Middle East/North Africa, South Africa, and Southeast Asia.
“The majority of smart grid activity to-date has taken place in well known markets in North America, Western Europe and East Asia. These developed markets represent more than 95% of the current installed base of smart meters worldwide. However, there are a number of very attractive emerging market countries that have not received as much coverage and have very strong potential for smart metering and other smart grid projects. We view these 25 countries as representing the next wave of activity worldwide,” according to Northeast Group, LLC.
“Smart grid offers emerging markets a number of potential benefits. Countries can improve overall electric utility reliability, reduce electricity theft rates, manage surging demand and incorporate new sources of renewable energy. Modernizing the electricity infrastructure will be increasingly important as these economies grow quickly over the next several years. The 25 countries in the study are forecast to see average annual GDP growth of 4.3% over the next five years, compared with 1.7% in the developed world,” according to Northeast Group, LLC.
All 25 countries analyzed in the study are projected to begin smart grid deployments in the coming decade. In fact, 11 of the 25 countries are well positioned to begin large-scale smart grid deployments within the next 1-3 years. These include Brazil, Bulgaria, the Czech Republic, Hungary, Mexico, Poland, Romania, Singapore, Slovakia, Slovenia, and the United Arab Emirates. The scope of the study did not include the China or India markets.
Smart metering – or advanced metering infrastructure (AMI) – deployments will make up the majority of initial smart grid activity, creating significant meter hardware, communications, IT, and professional services markets across the 25 countries. Following AMI, there is strong potential for distribution automation, substation automation, and home energy management technologies, including distributed solar generation and electric vehicle supply equipment.
Northeast Group, LLC assessed the smart meter potential of each country based on the potential benefits, the regulatory framework in place and the total market size. The report includes details on each of the 25 countries, including their industry structure, regulatory framework, business case indicators, and existing smart grid activity.
“Emerging Markets Smart Grid: 25-Country Overview” is 91 pages long and includes over 80 unique charts, tables and graphics. To order a copy of the report, please visit www.northeast-group.com or email Ben Gardner at: email@example.com
ABOUT: Northeast Group, LLC is a Washington, DC-based smart grid market intelligence firm. Our research is focused on the smart grid opportunity in emerging market countries.
Key questions addressed in this report:
- Which emerging market countries have the most developed smart grid regulatory frameworks?
- Which emerging market countries have the potential to reap the most direct benefits from smart meter deployments?
- Which international and local vendors are best placed to take advantage of growth in emerging markets smart grid?
- How will regional bodies such as the EU, ASEAN, and GCC expedite deployments?
- What other smart grid projects such as distribution automation, substation automation and home energy management are also evolving?
Table of Contents i. Executive Summary 1 ii. Methodology 5 1. Introduction 7 2. Global overview 12 2.1 Drivers common across emerging markets 12 2.2 Smart meter potential in emerging markets 14 2.3 Vendor activity 17 3. Regional and country summaries 19 3.1 Template description 19 4. Central/Eastern Europe 21 3.1 Bulgaria 23 3.2 Czech Republic 25 3.3 Hungary 27 3.4 Poland 29 3.5 Romania 31 3.6 Slovakia 33 3.7 Slovenia 35 5. Latin America 37 4.1 Argentina 39 4.2 Brazil 41 4.3 Chile 43 4.4 Colombia 45 4.5 Mexico 47 4.6 Peru 49 6. Middle East/North Africa 51 5.1 Egypt 53 5.2 Oman 55 5.3 Qatar 57 5.4 Saudi Arabia 59 5.5 United Arab Emirates 61 7. Southeast Asia 63 6.1 Indonesia 65 6.2 Philippines 67 6.3 Singapore 69 6.4 Thailand 71 6.5 Vietnam 73 8. Other regions 75 7.1 South Africa 77 7.2 Turkey 79 9. Conclusions 81 8.1 Next steps 81 8.2 List of abbreviations and acronyms 82 List of Figures, Boxes, and Tables Emerging markets smart grid: key takeaways 2 Emerging markets smart meter potential 3 Figure 1.1: Smart grid value chain 6 Figure 1.2: Smart grid model highlighting focus in emerging markets 7 Table 1.1: Demand response options 9 Figure 2.1: Emerging markets covered in this study 11 Figure 2.2: Annual electricity demand growth (2011 - 2020) 12 Figure 2.3: Global distribution losses 12 Figure 2.4: Annual manufacturing business losses due to power outages 13 Figure 2.5: Emerging markets smart meter potential 14 Table 2.1: Vendors active in pilot projects in emerging markets 16 Table 2.2: Major metering vendor presence in emerging markets 17 Figure 3.1: Smart meter potential in Central/Eastern Europe 20 Figure 4.1: Smart meter potential in Latin America 36 Figure 5.1: Smart meter potential in Middle East/North Africa 50 Figure 6.1: Smart meter potential in Southeast Asia 62 Table 8.1: The next steps and necessary actions 78
In addition to the figures and tables shown above, each country summary includes the following:
Table: industry structure;
Table: regulatory framework;
Chart: regional electricity consumption per capita (kWh);
Chart: regional electricity prices (cents per kWh);
Chart: regional distribution losses (%).
Therefore, this study includes an additional 65 unique charts and tables in addition to those cited above.
SOURCE Northeast Group, LLC