According to Goldstein Research, Singapore smart grid market is expected to reach USD 1.6 billion by 2024 from USD 765 million in 2016, growing at a CAGR of 10.41% over the forecast period 2016-2024. The factors such as adopting energy tri-lemma strategy, energy security, economic competitiveness and environmental sustainability are majorly driving the growth of the Singapore smart grid market. Singapore smart grid market segmentation has been done on the basis of hardware, software, services and geography. Based on hardware, smart meters held the largest market share of 48.7% in 2016 owing to the smart meter installation plan of the government. Singapore smart grid market large growing capacity for the strategic geographical location i.e. being a tropical country it has huge insulation of solar energy. Thus, 2.8 MW Micro-grid installed that unifies various sources of energy, but solar energy source has the largest share. Browse Full Report: https://www.goldsteinresearch.com/report...