Smart Grid Technology Investment: Forecasts for 2012-2030

Innovation Observatory report October 2012 While smart grid projects in some emerging markets are gathering pace, smart grid vendors have been reporting a slowdown in some early mover smart grid markets caused by a tough economic environment, and the requirement of many governments to follow austerity programmes. Nonetheless, around the world utilities will invest billions of dollars over the next 20 years in deploying their smart grids, creating opportunities for hardware, software and services companies worldwide. This report identifies the major areas of capital and operational expenditure, and pinpoints the key opportunities for technology suppliers along the smart grid value chain. It includes:

  • Assessment of the drivers and barriers to smart grid deployment, and how these will influence market evolution.
  • Identification of the principal areas of technology investment in the smart grid, in terms of capital and operational expenditure.
  • Commentary on the key trends and drivers for each type of smart grid technology.
  • Detailed global forecasts for investment in smart grid technologies over the period 2012 to 2030.

Data series include:

Total smart grid capex and opex by region, and further split by country for 20 major economies Total global capex on:

  • Smart meters
  • Communications systems
  • Distribution automation
  • Substation automation
  • IT systems
    • Infrastructure management systems (including distribution management, outage management, MDMS, demand response)
    • Billing and customer care (and web sites)
    • Storage, servers, hardware, etc.
    • Other IT (including workforce management, SOA)
  • Home area networking
  • Consulting and systems integration
  • Other (including project management and customer communications)

Total global opex on:

  • Meter maintenance
  • Communications maintenance
  • Communications services (payment for capacity and traffic)
  • Distribution/substation automation
  • IT maintenance
  • Ongoing service management (customer services, marketing, etc.)

Regional forecasts are included for:

  • Asia-Pacific
  • Central and Latin America
  • Europe
  • Middle East and Africa
  • North America

Country forecasts are included for:

  • Australia
  • Brazil
  • Canada
  • China
  • France
  • Germany
  • India
  • Italy
  • Japan
  • Mexico
  • Netherlands
  • Poland
  • Portugal
  • Romania
  • Russia
  • Spain
  • Thailand
  • Turkey
  • United Kingdom
  • United States

The forecasts are presented in an Excel annex, as well as in charts in the report.

Table of contents

  1. Executive summary
  2. Introduction
  3. Market overview
  4. Forecasts for capex and opex, presented by region and technology segment
  5. Methodology and definitions

Why buy this report? Smart Grid Technology Investment: Forecasts for 2012-2030 answers your key questions:

  • How much will utilities worldwide invest in building their smart grids?
  • What are the key drivers and inhibitors of smart grid development?
  • How many smart meters will be installed, and where will they be rolled out most quickly?
  • How much will each smart grid technology segment be worth to suppliers in the coming years?
  • Which countries will spend the most on smart grid technologies, and why?
  • How much will it cost utilities to maintain and operate their smart grid infrastructure once it is installed?

Who should buy this report?

  • Smart meter manufacturers: Identify the top 20 countries in terms of smart meter investment between now and 2030.
  • Distribution/substation automation vendors: Size the opportunity for grid automation technologies, and find out how much the repair and maintenance market will be worth.
  • IT vendors: Discover how much utilities will spend on infrastructure management systems, billing and customer care systems, and IT hardware to underpin their smart grids.
  • Communications network suppliers: Find out how much utilities will invest on building and maintaining AMI communications networks.
  • Public telecoms operators: Understand the value of the market for outsourced smart meters communications services provided over public networks.
  • Investors: Identify which technology segments offer the greatest potential for suppliers, and how smart grid capex and opex will develop over time around the world.



Written by Simon Sherrington and Danny Dicks, this 45-page Innovation Observatory report provides a detailed view of the global evolution of utility spend on smart grids and the opportunity this presents for technology suppliers. Smart Grid Technology Investment: Forecasts for 2012-2030 is priced at GBP2000 (plus VAT) for a licence for up to five users. We will deliver the report by email as a pdf file, together with an Excel spreadsheet data annex.To buy the report, email us at or call +44 (0) 1480 309341.