Central America & Caribbean Smart Grid Market Forecast 2017-2027 – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Central
America & Caribbean Smart Grid: Market Forecast (2017-2027)"

report has been added to Research and Markets' offering.

Utilities in the Region Are Projected to Invest $3.3 Billion in Smart
Grid Infrastructure Over the Next Decade.

The Central America and Caribbean region offers unique near-term
opportunities for smart grid infrastructure investment. The region has
several strong positive market drivers. Most notably, Central America
and the Caribbean averages nearly 20% total T&D losses, primarily due to
electricity theft.

This has created challenging financial conditions for utilities and is
spurring a number of smart metering efforts, many of which are already
underway. At the same time, overall high crime rates – particularly
violent crime – make it difficult for utilities to secure permanent loss
reductions and make deployments more challenging. Non-technical loss
reduction efforts are expected to drive near-term AMI deployments.

In addition, Central American and Caribbean countries will deploy smart
grid infrastructure to incorporate renewable energy and employ demand
response programs. These will help reduce electricity prices that
average over 17 cents per kWh. At the same time, countries in the region
on average consume just over 1,000 kWh per person per year – less than
half the emerging market average. This diminishes the overall savings
potential of smart grid deployments and demand response programs.

On balance, the case for smart grid infrastructure in the region is
strong. With firm economic and geographic ties to the US market, Central
America's smart grid market is poised to accelerate over the next decade.

Key questions answered in this study:

  • How large will the smart grid market be across Central America and the
    Caribbean over the next decade?
  • What segments of the smart grid market are poised to grow over the
    next decade?
  • Who are the most active international vendors in the Central American
    and Caribbean market?

Key Topics Covered:

1. What's New in 2017

2. Central America & Caribbean snapshot

3. Market forecast

4. Dominican Republic

5. Jamaica

6. Costa Rica

7. Honduras

8. Guatemala

9. Panama

10. Other countries

11. Vendors

12. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/jbgcnm/central_america

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Related
Topics: Internet
of Things and M2M
, Smart
Grid