|[January 08, 2013]
Research and Markets: Smart Grid Communications Network Market in the US 2012-2016: One of the Main Challenges is the Increased Exposure to Cyber-Attacks.
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/4zldgx/smart_grid)
has announced the addition of the "Smart
Grid Communications Network Market in the US 2012-2016" report
to their offering.
TechNavio's analysts forecast the Smart Grid Communications Network
market to grow at a CAGR of 17.66 percent over the period 2012-2016. One
of the key factors contributing to this market growth is the increasing
construction of large smart grids. The Smart Grid Communications Network
market has also been witnessing the increasing communication network
services leasing. However, the increased exposure to cyber-attacks could
pose a challenge to the growth of this market.
The key vendors dominating this market space are Silver Spring Networks
Inc., Itron Inc., Sensus USA Inc., Landis+Gyr Inc., and Elster Group SE.
The other vendors mentioned in the report are ABB Ltd. (Ventyx Inc.),
Aeris Communications Inc., Ametek Power Instruments, Ambient Corp.,
Arcadian Networks (News - Alert) Inc., ATandT Inc., Badger Meter Inc., BPL Global Ltd.,
Certicom Corp. (RIM Ltd.), Cisco Systems Inc., Comverge Inc.,
Constellation Energy Group Inc., Cooper Power Systems, Corinex
Communications Corp., Echelon Corp. (News - Alert), Eka Systems Inc., EnerNOC Inc.,
ESCO Technologies Inc., GE Co., GarettCom Inc., GridPoint Inc., GridNet
Inc., Honeywell International Inc., IBM Corp., Johnson Controls Inc.,
Proximetry Inc., REGEN Energy Inc., Roper Industries, SandC Electric
Co., Schneider Electric SA, Sierra Wireless (News - Alert) Inc., Sprint Nextel Corp.,
Tantalus Systems Corp., Trilliant Group Inc., and Verizon Communications
Commenting on the report, an analyst from TechNavio's Networking team
said: ''One of the major trends is the increasing communication network
services leasing. Several power utilities have entered into contracts
for leasing the smart grid communications network services to various
telecom companies, or to other service providers. This trend strongly
prevails in the US, with approximately 20 percent of the power utilities
leasing smart grid communications networks to third parties.''
According to the report, one of the main growth drivers is the
increasing construction of large smart grids. The major difference
between smart grids and traditional power grids is the ability of the
smart grid to facilitate two-way communications, which are performed
through the smart grid communication networks.
For more information visit http://www.researchandmarkets.com/research/4zldgx/smart_grid
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