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Major functions of Smart grid technology is to monitor , analyze , control and communicate the capabilities of a national electrical system in a digitized form, which helps in maximizing the throughput time of the system as well as reducing the consumption of energy.
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MarketsandMarkets Presents Smart Grid Technology Market worth $80.6 Billion by 2016 http://www.marketsandmarkets.com/Market-Reports/smart-grid-technology-application-market-453.html
According to a new market research report “Smart Grid Technology Market - Analysis & Global Forecast By Hardware, Software & Communication Network Technologies (2011 - 2016)” the total smart grid technology and related application market is expected to reach $80.6 billion by 2016 at a CAGR of 28.7% from 2011 to 2016. • Browse over 85 market data tables and in-depth TOC on “Smart Grid Technology Market - Analysis & Global Forecast By Hardware, Software & Communication Network Technologies (2011 - 2016)” • http://www.marketsandmarkets.com/Market-Reports/smart-grid-technology-application-market-453.html http://www.marketsandmarkets.com/Market-Reports/smart-grid-technology-application-market-453.html
The new “Dynamic Light Spot” technology, introduced in a concept car called the BMW i8, would identify and illuminate perambulators with a bright, targeted beam, which would resemble the sunlight. • APAC offers a productive market to laser and laser-enabled manufacturers. This can be accredited to the developing countries like India, China, Korea, etc. The laser market is experiencing a paradigm shift from fiber and CO2 lasers to disc lasers, femtosecond lasers, and Quantum cascade lasers wherein the players of this market are concentrating on developing innovative products. http://www.marketsandmarkets.com/Market-Reports/smart-grid-technology-application-market-453.html
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About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/smart-grid-technology-application-market-453.html