Market Research Report
FutureGrid - Southeast Asia: AMI, Distribution and Substation Automation, IT and Analytics, Distributed Generation, and Energy Storage - Global Market Analysis and Forecasts
|Published by||Navigant Research||Product code||805200|
|Published||Content info||42 Pages; 34 Tables, Charts & Figures
Delivery time: 1-2 business days
|FutureGrid - Southeast Asia: AMI, Distribution and Substation Automation, IT and Analytics, Distributed Generation, and Energy Storage - Global Market Analysis and Forecasts|
|Published: March 13, 2019||Content info: 42 Pages; 34 Tables, Charts & Figures||
In Southeast Asia, utilities span the spectrum of the future grid evolutionary curve, from countries like Vietnam and Indonesia beginning their journeys to regional innovators in Malaysia and Singapore. Mirroring much of the developed world, the region is in the middle of fundamentally transforming its electric power system to adopt a smart grid framework. While the market has been slow to develop, this is changing due to demographic factors like urbanization, population growth, and consumption patterns. Other market forces like distributed energy resources and government support are contributing to this transformation.
Outside of a few markets, Southeast Asia is moving beyond simple electrification schemes and basic IT infrastructure deployment. Long-term, established smart grid roadmaps are growing more popular. Spending in the market is expected to come from distributed generation and utility IT and analytics markets. Challenges remain-particularly with regards to competition, financing, and procurement. However, Navigant Research projects a strong, steady outlook for this emerging smart grid market.
This Navigant Research report analyzes the key trends, drivers, and barriers to adoption of smart grid and DER technologies within the utility industry across Southeast Asia. The study provides an overview of grid architecture and future grid applications, and a discussion of country-level dynamics and adoption trends. Markets include Indonesia, Malaysia, Philippines, Singapore, Taiwan, Thailand, Vietnam, and the Rest of Southeast Asia. The report also examines several submarkets within the smart grid space.