Cleantech Group™, LLC, the leading global research, advisory, and events firm focused on cleantech innovation, announced the public availability of a new research study, The 2010 U.S. Smart Grid Vendor Ecosystem Report. Commissioned and funded by The United States Department of Energy (US DOE), the study highlights $2.75B in annual product sales in three key smart grid categories: Advanced Metering Infrastructure (AMI), Demand Response, and Distribution Grid Management. The report was featured by Department of Energy Secretary Steven Chu at this week’s GridWise Global Forum where he unveiled a portion of the research findings as part of his keynote presentation to the conference. Secretary Chu presented a number of the report’s key themes and highlighted aspects of the research that demonstrated the expanded network of vendor relationships in the industry. In addition to providing insight into spending patterns and market share in the sector, the report draws attention to a number of emerging industry dynamics shaping the future of the smart grid ecosystem.
The smart grid market is drawing the attention of global leaders across a range of commercial sectors. Suppliers of power systems, energy services, IT, communications, building equipment, and consumer goods are all converging and positioning themselves in this competitive landscape. Many of these companies are using acquisitions to enter the market and the report finds the pace of consolidation increasing in 2010 with 30 smart grid M&A transactions occurring this year to date.
The complete report is available at the following link : http://www.cleantech.com/smartgridvendorreport
The smart grid market is drawing the attention of global leaders across a range of commercial sectors. Suppliers of power systems, energy services, IT, communications, building equipment, and consumer goods are all converging and positioning themselves in this competitive landscape. Many of these companies are using acquisitions to enter the market and the report finds the pace of consolidation increasing in 2010 with 30 smart grid M&A transactions occurring this year to date.
The complete report is available at the following link : http://www.cleantech.com/smartgridvendorreport
