Brazil smart grid investment forecast significantly cut in new report

Changes in Brazil’s smart meter policy have had a material impact on Innovation Observatory’s latest technology investment forecast for that country. Other policy and economic changes are also reflected in a new report, which shows that globally the market remains buoyant until after 2018, and that cumulative investment by 2030 is predicted to reach almost USD400 billion.

China is forecast to dominate global smart grid capital expenditure (capex) for at least the next seven years, with the US and European Union countries also major investors in smart grid infrastructure including grid automation, communications infrastructure, IT systems and hardware, systems integration, and home area network equipment, as well as smart meters.

The USA, India, Japan, Russia, Germany, France, UK, Spain and Turkey follow China as the biggest investors by value in smart grid infrastructure between 2012 and 2030, according to Innovation Observatory’s report “Smart Grid Technology Investment: Forecasts for 2012-2030”.

The decision by the Brazil Electricity Regulation Agency (ANEEL) to make smart meter deployment voluntary for existing customers means the Innovation Observatory forecast for deployed meters in that country has been reduced to 27 million by 2030 – making it 11th in the ranking of smart-meter deployments by 2030.

Competition to win contracts with utilities in these leading smart grid markets will be fierce, as the sheer scale of the investment is creating a huge appetite to supply. Technology suppliers will need to tailor their strategies for different geographic regions, and adopt different approaches depending upon their size, their legacy industry expertise and the specific part of the smart grid value chain they serve.

The 45-slide report “Smart Grid Technology Investment: Forecasts for 2012-2030” is crucial reading for metering manufacturers, distribution/substation automation equipment vendors, software vendors, communications technology suppliers, and investors.

A pdf report and Excel data annex cover detailed technology component capex and opex forecasts, globally, per region and per country for the most significant economies.

FEATURED IoT STORIES

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, iot home automation is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more
RECENT ARTICLES

Guardara uncovers key zero day vulnerability in IoT message broker software

Posted on: September 24, 2021

Developer-focused code security specialist Guardara announces it has uncovered a Zero Day Vulnerability in open source software from EMQ, the provider of open source software for IoT devices. The vulnerability, which was uncovered by a non-security expert using Guardara’s powerful testing tool, could have significant implications for connected IoT devices depending on NanoMQ.

Read more

HCL Technologies selects RISE with SAP, deepens strategic partnership with SAP

Posted on: September 24, 2021

HCL Technologies has selected RISE with SAP offering to further modernise its enterprise digital landscape. Additionally, as an SAP strategic partner, HCL will be using this experience to help its clients leverage their combined experience in the industry cloud transformation space.

Read more