Smart Grid Market Emerging digitalization is becoming highlighting factor for deployment of modernized equipments and technologies in energy sector. Loss of revenue due to defects in grid and energy distribution and metering is creating huge business opportunities for smart grid component manufacturers, installers and service providers. Rising power generation sector and swelled energy consumption is awakening the need of smart grids across the globe. Transmission and distribution (T&D) equipment, smart grid information communications technologies (ICT), and energy storage are three sub sectors for smart grid products and services. According to Goldstein Research, smart grids have potential to save energy worth over USD 40.1 billion in one year. Automation and smart technologies is enhancing the market for information communication technologies (ICT) and deployment of smart meters that helps in increasing the efficiency of power grids. Smart meter is the major innovation which is proved as an efficient tool for energy […]