Smart Grid Communications Node Shipments to Total 276 Million through 2016

July 26, 2010

On a fundamental level, the smart grid is the merging of two networks:  the power network, consisting of the electrical generation, transmission, and distribution grid, and the modern communications network, which enables voice, video, and data communications for billions of endpoints around the world.  As such, networking and communications technologies are at the core of utility smart grid deployments, and have been the focus of significant attention and fierce debate by industry players. 

A new report from Pike Research forecasts that 276 million smart grid communications nodes will be shipped worldwide during the period from 2010 to 2016, with annual shipments increasing dramatically from 15 million in 2009 to 55 million by 2016.  The cleantech market intelligence firm expects that this will represent a total industry investment of $20.3 billion during the seven-year forecast period, with annual revenues increasing from $1.8 billion in 2009 to $3.1 billion by 2016, despite rapidly falling average selling prices (ASPs) per node.

“The greatest myth of the smart grid is that there will be one communications technology to rule them all,” says senior analyst Bob Gohn.  “The reality is that smart grid networks will be as diverse as the internet, including fixed and wireless, public and private, standard and proprietary technologies.  Different technologies will lead in various application categories, based on their respective cost and performance characteristics.”

Gohn adds that advanced metering infrastructure (AMI) nodes for smart meters will be the largest communications equipment category over the next several years, followed distantly by home area network (HAN) nodes and network interface converters.  Smaller node categories include generalized grid routers, AMI concentrators, wide area network (WAN) backbone nodes, substation routers, and substation ethernet switches.

Pike Research’s report, “Smart Grid Networking and Communications”, examines the global market opportunity for communication technologies in all areas of smart grid operations, from the utility substation to the home area network.  The report analyzes key technology decisions being made by utilities with regard to wired and wireless, public and private, standard and proprietary networks.  Key industry players are profiled and detailed market forecasts are provided through 2016, segmented by region, application, device, and technology.  An Executive Summary of the report is available for free download on the firm’s website.

Pike Research is a market research and consulting firm that provides in-depth analysis of global clean technology markets.  The company’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Smart Energy, Clean Transportation, Clean Industry, Corporate Sustainability, and Building Efficiency sectors.  For more information, visit www.navigantresearch.com or call +1.303.997.4619. 

Register to Receive Updates

Sign up or login to receive free newsletters, research updates, access to webinars, and other analyst content from Navigant Research.

Research News

Rss
Automaker Revenue from Alternative Services Will Reach Nearly $5.3 Billion by 2023
April 23, 2014New offerings include carsharing services and home energy services, report finds • The adoption of plug-in electric vehicles (PEVs) is driving automakers to seek out new…
Read More »
Flexible Alternating Current Transmission Systems Will Surpass $5 Billion in Annual Revenue Worldwide by 2022
April 22, 2014FACTS technology can help solve demanding electricity transmission challenges, report concludes • The majority of electricity transmission systems in service today are high-voltage alternating current (HVAC)…
Read More »
Networking and Communications Equipment for Commercial Building Automation Systems Will Reach $34.7 Billion in Annual Revenue by 2021
April 17, 2014Web-based dashboards and IP-enabled devices are key market enablers, report finds • Offering automated, granular, real-time control of every major system within commercial buildings, networked building…
Read More »
Utility Investment in Conservation Voltage Reduction Will Total Nearly $4.5 Billion from 2014 to 2020
April 16, 2014Advanced CVR could save 40 million megawatt-hours annually, report concludes • One of the latent benefits of smart meter technology, or advanced metering infrastructure (AMI),…
Read More »
View All News

{"userID":"","pageName":"Smart Grid Communications Node Shipments to Total 276 Million through 2016","path":"\/newsroom\/smart-grid-communications-node-shipments-to-total-276-million-through-2016","date":"4\/25\/2014"}