The Smart Grid in Asia, 2012-2016: Markets, Technologies and Strategies

by Kamil Bojanczyk, David J. Leeds

The cumulative smart grid technology markets of China, Japan, and South Korea are currently valued at nearly US$8.5 billion, with GTM Research forecasting that value to grow to $19 billion by 2016. China represents 70% of the Asia smart grid market, offering some of the broadest market opportunities to smart grid players in Asia. Japan and South Korea represent 20% and 10% respectively.

At over 180 pages, The Smart Grid in Asia, 2012-2016 is the definitive source for organizations looking to capitalize on Asia's predominant smart grid markets. A clear understanding of these countries' respective energy scenarios, as well as the associated smart grid technology and deployment trends will be crucial to achieving meaningful entry. The report provides a detailed five-year smart grid forecast, domestic vendor taxonomies, and strategic perspectives on how smart grid players should position themselves in each market.

FIGURE: Smart Grid Market Assessment for 2016

Source: GTM Research

While evolving rapidly, it is important to note that each market's growth will be characterized by the specific needs of their utilities and existing grids. The vast majority of smart grid investment in China will center around transmission, distribution automation and automatic metering reading (AMR) to support a developing grid and robust renewables build-out. In Japan, the sunsetting of all of the country's nuclear plants has created an acute need for demand response, home energy management and smart meter deployments. While in South Korea, the market is developing quite differently; for the country with the most reliable grid in the world, South Korea and its chaebols are looking to develop next-gen smart grid technologies across all segments primarily for global export.

In addition, the report identifies the leading strategies for addressing each of Asia's smart grid markets, and analyzes the companies that are currently winning big. This list includes; ABB, Accenture, BPL Global, Echelon, Freescale, GE, Holley Metering, Moxa, RuggedCom, Siemens, State Grid Corporation of China, Wasion, XD Electric, XJ Group.

Listen to an interview between the report's co-author, Kamil Bojanczyk, and Greentech Media's CEO, Scott Clavenna about the report and the highlights of the findings.

Kamil Bojanczyk Consultant

Kamil Bojanczyk is a researcher and consultant in cleantech and smart grid. His engagements include Cornell University, GTM Research, Tokyo Electric, and Wireless Glue Networks.

David J. Leeds Chief Smart Grid Analyst


David Leeds directs the smart grid research practice at GTM Research. He has guest lectured on the subject at MIT, Stanford, and The Wharton School of Business (University of Pennsylvania).

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