DUBLIN, Aug. 28, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/wkv378/south_america) has announced the addition of the "South America Smart Grid: Market Forecast (2015 - 2025)" report to their offering.
South America is one of the most attractive emerging market regions for smart grid infrastructure investment. The region is comprised of countries with developing regulatory frameworks and core business case indicators that point towards immediate benefits from smart grid infrastructure. From 2015 to 2025, the region's total smart grid market will cumulatively reach $38.1 billion. This includes investment in advanced metering infrastructure (AMI), distribution automation (DA), wide area measurement (WAM), home energy management (HEM), information technology (IT), and battery storage.
This study covers all ten Latin countries in South America, which share several key characteristics. They are fast growing economies with burgeoning middle classes, yet still have some of the highest electricity theft rates in the world. They have abundant renewable sources of power - particularly large hydropower - but their grids are struggling to meet rising demand. Further distributed renewable energy resources are also becoming increasingly attractive across the region. Lastly, they have governments eager to keep electricity prices low, but wary of increasing subsidies.
Key questions answered in this study:
- Where are the newest smart grid announcements and deployments in South America?
- How large will the smart grid market be in 10 countries across 15 sub-segments?
- Which countries are poised to take the next steps for smart grid regulatory development?
- Which local vendors are active and who are the leading international vendors?
Key Topics Covered:
2. South America smart grid snapshot
3. Regional market forecast
14. Vendor activity
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SOURCE Research and Markets