Smart Grid Equipment Market in South Korea 2015-2019

Published: Jun 2015 Pages: 88 SKU: IRTNTR6073

About smart grid

Smart grid is the integration and implementation of communication, automation and IT systems with the traditional electrical grid with the ability to monitor and control power flows from points of generation to consumption and manage the load to match generation in real-time or near real-time. Smart grid increases the predictability, visibility and control of generation and demand, bringing flexibility to the whole system. This facilitates the integration of intermittent energy from renewable generation and peak load management, which helps reduce the costs of peak power. The transformation of electrical grids to smarter grids depends on various smart grid equipment.

Technavio's analysts forecast the smart grid equipment market in South Korea to grow at a CAGR of 20.56% over the period 2014-2019.

Covered in this report
The smart grid equipment market in South Korea can be segmented on the basis of equipment type: smart meters, software and hardware, smart T&D equipment, communication and wireless network infrastructure, and sensors.

Technavio's report, Smart Grid Equipment Market in South Korea 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. 
             
Key vendors
• ABB
• GE Energy
• IBM
• POSCO ICT
• Siemens Energy 

Other prominent vendors
• GS Caltex 
• Hyosung
• Hyundai Heavy Industries
• KT 
• LG Electronics Alstom 
• Nuri Telecom 
• SK Energy 
• SK Telecom 

Market driver
• Need for energy efficient solutions and management
•  For a full, detailed list, view our report

Market challenge
• High cost of implementation
• For a full, detailed list, view our report

Market trend
• Increased environmental concerns
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Overview
06.2 Technological Overview
06.2.1 Software and Hardware Technologies
06.2.2 Smart Meters
06.2.3 Sensors
06.2.4 Communication and Wireless Network Infrastructure
06.2.5 Smart T&D Equipment
06.3 Market Size and Forecast
06.3.1 Market Size and Forecast
06.4 South Korea Smart Grid Vision, Goals, and Roadmap
06.5 Five Forces Analysis
07. Market Segmentation by Equipment
07.1 Smart Grid Equipment Market in South Korea 2014
07.2 Smart Grid Equipment Market in South Korea 2019
07.3 Smart Grid Equipment Market in South Korea 2014-2019
07.4 Smart Grid Equipment Market in South Korea by Smart Meters
07.4.1 Market Size and Forecast
07.5 Smart Grid Equipment Market in South Korea by Smart T&D Equipment
07.5.1 Market Size and Forecast
07.6 Smart Grid Equipment Market in South Korea by Communication and Wireless Network Infrastructure
07.6.1 Market Size and Forecast
07.7 Smart Grid Equipment Market in South Korea by Software and Hardware Technologies
07.7.1 Market Size and Forecast
07.8 Smart Grid Equipment Market in South Korea by Sensors
07.8.1 Market Size and Forecast
08. Jeju Smart Grid Test-bed Project
08.1 Key Facts
08.1.1 Drivers for Pilot Project on Jeju Island
08.1.2 Project Stages:
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
16.1 Competitive Scenario
16.1.1 Key News
16.1.2 Mergers and Acquisitions
16.2 Other Prominent Vendors
17. Key Vendor Analysis
17.1 ABB
17.1.1 Key Facts
17.1.2 Business Overview
17.1.3 Business Segmentation by Revenue 2014
17.1.4 Business Segmentation by Revenue 2013 and 2014
17.1.5 Geographical Segmentation 2014
17.1.6 Business Strategy
17.1.7 Recent Developments
17.1.8 SWOT Analysis
17.2 General Electric Digital Energy
17.2.1 Key Facts
17.2.2 Business Overview
17.2.3 Product Segmentation
17.2.4 Recent Developments
17.2.5 SWOT Analysis
17.3 IBM
17.3.1 Key Facts
17.3.2 Business Overview
17.3.3 Business Segmentation
17.3.4 Business Segmentation by Revenue
17.3.5 Business Segmentation by Revenue 2013
17.3.6 Business Segmentation by Revenue 2012 and 2013
17.3.7 Geographical Segmentation by Revenue
17.3.8 Business strategy
17.3.9 Key developments
17.3.10 SWOT analysis
17.4 Posco ICT
17.4.1 Key Facts
17.4.2 Business Overview
17.4.3 End-markets
17.4.4 Solutions
17.4.5 Geographical Presence
17.4.6 Business Strategy
17.4.7 Recent Developments
17.4.8 SWOT analysis
17.5 Siemens Energy
17.5.1 Key Facts
17.5.2 Business Overview
17.5.3 Business Segmentation
17.5.4 Geographical Segmentation
17.5.5 Business Strategy
17.5.6 Key Information
17.5.7 SWOT Analysis
18. Other Reports in this Series

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

PURCHASE FULL REPORT OF

market

QUICK BUY

Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

Why should you prefer Technavio's market insights report?

  • Off-the-shelf research reports
  • Reports can be tailored to meet the customer's needs
  • Trusted by more than 100 fortune 500 organizations
  • Information about the market's key drivers, trends, and challenges
  • Parent market analysis
  • Every week, 50,000 people visit our subscription platform
  • Detailed vendors report with competitive landscape
  • Covid-19 impact and recovery analysis
  • Data on revenue-generating market segments
  • Details on the market shares of various regions
  • Five-force market analysis