A Growing Economy and Exponential Rise in Power Consumption Will Propel the Smart Grid Equipment Market in Brazil: TechNavio

LONDON--()--The Smart Grid Equipment Market in Brazil is expected to gain support from regulatory authorities and post a CAGR of 21.17 percent from 2014-2019, says research firm TechNavio.

With power consumption in Brazil set to double by the end of this decade, enhancing the country’s monitoring and measuring capabilities is becoming a priority. The Smart Grid Equipment Market is taking rapid strides in towards boosting efforts to curb power losses in the country.

About the Report

“The interest shown by regulatory authorities in installing smart grid equipment, especially smart meters, is the most important driver for the growth of the Smart Grid Equipment Market in Brazil,” says Faisal Ghaus, Vice President of TechNavio.

“Increased investments in smart grid technology are directly proportional to the growing Brazilian economy, thus stimulating growth and investment in smart grid equipment and technology,” says Ghaus.

Additionally, renewable energy is set to play a key role in fulfilling Brazil’s future power needs, and is expected to propel further demand for Smart Grid Equipment in Brazil.

In the future, an increase in investments in clean and renewable power generation will also serve to bolster the market.

Key Information Covered in the Report:

  • Market segmentation, size and forecast through 2019
  • Market Growth Drivers:
    • Need to Reduce Technical and Commercial Losses
    • For a full detailed list, view our report.
  • Market Challenges:
  • Market Trends:
    • Increased Support from Regulatory Authorities
    • For a full detailed list, view our report.
  • Key Vendors:
    • ABB Ltd.
    • Echelon Corp.
    • Itron Inc.
    • Landis+Gyr
    • Silver Spring Networks
  • Other Prominent Vendors:
    • Aclara
    • Arbiter Systems
    • Elster

TechNavio currently has more than 3000 market research reports on a huge range of topics, including 300+ reports on smart grids:

Smart Grid Market in the Americas 2014-2018

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

TechNavio Research
Jes Ellacott
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com

Release Summary

The Smart Grid Equipment Market in Brazil is expected to gain support from regulatory authorities and post a CAGR of 21.17 percent from 2014-2019, says research firm TechNavio.

Contacts

TechNavio Research
Jes Ellacott
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com