Power equipment receives the greatest investments out of all smart grids componnets worldwide. In 2019, 123 billion U.S. dollars of a total of 271 billion U.S. dollars spent that year on smart grids went towards power equipment. Smart meter investments amounted to 21 billion U.S. dollars.
Annual investments in smart grids worldwide from 2014 to 2019, by technology area
(in billion U.S. dollars)
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IEA. (June 1, 2020). Annual investments in smart grids worldwide from 2014 to 2019, by technology area (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/269092/investments-in-components-for-the-smart-grid/
IEA. "Annual investments in smart grids worldwide from 2014 to 2019, by technology area (in billion U.S. dollars)." Chart. June 1, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/269092/investments-in-components-for-the-smart-grid/
IEA. (2020). Annual investments in smart grids worldwide from 2014 to 2019, by technology area (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/269092/investments-in-components-for-the-smart-grid/
IEA. "Annual Investments in Smart Grids Worldwide from 2014 to 2019, by Technology Area (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Jun 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/269092/investments-in-components-for-the-smart-grid/
IEA, Annual investments in smart grids worldwide from 2014 to 2019, by technology area (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/269092/investments-in-components-for-the-smart-grid/ (last visited November 10, 2024)
Annual investments in smart grids worldwide from 2014 to 2019, by technology area (in billion U.S. dollars) [Graph], IEA, June 1, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/269092/investments-in-components-for-the-smart-grid/