

Smart grid communication networks are used to support smart grid applications. These communication networks provide essential infrastructure allowing utilities to manage smart grid devices from a central location. Previously, communication networks for smart grid devices supported supervisory control and data acquisition (SCADA) systems as a machine-to-machine technology. However, with technological advancements in the Smart Grid industry, new field-based sensors, wireless technologies, and mobile devices are being used for supporting SCADA systems. This allows the traditional power grid to become more resilient, reliable, and efficient.
The global Smart Grid Communications market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.
The “Smart Grid Communications Industry Forecast” looks at past sales and reviews total world Smart Grid Communications sales in 2023, providing a comprehensive analysis by region and market sector of projected Smart Grid Communications sales for 2024 through 2030. With Smart Grid Communications sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Grid Communications industry.
This Insight Report provides a comprehensive analysis of the global Smart Grid Communications landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Grid Communications portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Grid Communications market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Grid Communications and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Grid Communications.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Grid Communications market by product type, application, key players and key regions and countries.
Segmentation by type
Wired Communications System
Wireless Communications System
Segmentation by application
Residential Sector
Commercial Sector
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Itron
Landis+Gyr
Echelon
Sensus USA
Itron
ABB
Verizon communicationss
Tropos Networks
Trilliant
Elster Group
Current Communications Group
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Smart Grid Communications Market Size 2019-2030
2.1.2 Smart Grid Communications Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Smart Grid Communications Segment by Type
2.2.1 Wired Communications System
2.2.2 Wireless Communications System
2.3 Smart Grid Communications Market Size by Type
2.3.1 Smart Grid Communications Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Smart Grid Communications Market Size Market Share by Type (2019-2024)
2.4 Smart Grid Communications Segment by Application
2.4.1 Residential Sector
2.4.2 Commercial Sector
2.4.3 Others
2.5 Smart Grid Communications Market Size by Application
2.5.1 Smart Grid Communications Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Smart Grid Communications Market Size Market Share by Application (2019-2024)
3 Smart Grid Communications Market Size by Player
3.1 Smart Grid Communications Market Size Market Share by Players
3.1.1 Global Smart Grid Communications Revenue by Players (2019-2024)
3.1.2 Global Smart Grid Communications Revenue Market Share by Players (2019-2024)
3.2 Global Smart Grid Communications Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Smart Grid Communications by Regions
4.1 Smart Grid Communications Market Size by Regions (2019-2024)
4.2 Americas Smart Grid Communications Market Size Growth (2019-2024)
4.3 APAC Smart Grid Communications Market Size Growth (2019-2024)
4.4 Europe Smart Grid Communications Market Size Growth (2019-2024)
4.5 Middle East & Africa Smart Grid Communications Market Size Growth (2019-2024)
5 Americas
5.1 Americas Smart Grid Communications Market Size by Country (2019-2024)
5.2 Americas Smart Grid Communications Market Size by Type (2019-2024)
5.3 Americas Smart Grid Communications Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Smart Grid Communications Market Size by Region (2019-2024)
6.2 APAC Smart Grid Communications Market Size by Type (2019-2024)
6.3 APAC Smart Grid Communications Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Smart Grid Communications by Country (2019-2024)
7.2 Europe Smart Grid Communications Market Size by Type (2019-2024)
7.3 Europe Smart Grid Communications Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Smart Grid Communications by Region (2019-2024)
8.2 Middle East & Africa Smart Grid Communications Market Size by Type (2019-2024)
8.3 Middle East & Africa Smart Grid Communications Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Smart Grid Communications Market Forecast
10.1 Global Smart Grid Communications Forecast by Regions (2025-2030)
10.1.1 Global Smart Grid Communications Forecast by Regions (2025-2030)
10.1.2 Americas Smart Grid Communications Forecast
10.1.3 APAC Smart Grid Communications Forecast
10.1.4 Europe Smart Grid Communications Forecast
10.1.5 Middle East & Africa Smart Grid Communications Forecast
10.2 Americas Smart Grid Communications Forecast by Country (2025-2030)
10.2.1 United States Smart Grid Communications Market Forecast
10.2.2 Canada Smart Grid Communications Market Forecast
10.2.3 Mexico Smart Grid Communications Market Forecast
10.2.4 Brazil Smart Grid Communications Market Forecast
10.3 APAC Smart Grid Communications Forecast by Region (2025-2030)
10.3.1 China Smart Grid Communications Market Forecast
10.3.2 Japan Smart Grid Communications Market Forecast
10.3.3 Korea Smart Grid Communications Market Forecast
10.3.4 Southeast Asia Smart Grid Communications Market Forecast
10.3.5 India Smart Grid Communications Market Forecast
10.3.6 Australia Smart Grid Communications Market Forecast
10.4 Europe Smart Grid Communications Forecast by Country (2025-2030)
10.4.1 Germany Smart Grid Communications Market Forecast
10.4.2 France Smart Grid Communications Market Forecast
10.4.3 UK Smart Grid Communications Market Forecast
10.4.4 Italy Smart Grid Communications Market Forecast
10.4.5 Russia Smart Grid Communications Market Forecast
10.5 Middle East & Africa Smart Grid Communications Forecast by Region (2025-2030)
10.5.1 Egypt Smart Grid Communications Market Forecast
10.5.2 South Africa Smart Grid Communications Market Forecast
10.5.3 Israel Smart Grid Communications Market Forecast
10.5.4 Turkey Smart Grid Communications Market Forecast
10.5.5 GCC Countries Smart Grid Communications Market Forecast
10.6 Global Smart Grid Communications Forecast by Type (2025-2030)
10.7 Global Smart Grid Communications Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 Itron
11.1.1 Itron Company Information
11.1.2 Itron Smart Grid Communications Product Offered
11.1.3 Itron Smart Grid Communications Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Itron Main Business Overview
11.1.5 Itron Latest Developments
11.2 Landis+Gyr
11.2.1 Landis+Gyr Company Information
11.2.2 Landis+Gyr Smart Grid Communications Product Offered
11.2.3 Landis+Gyr Smart Grid Communications Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 Landis+Gyr Main Business Overview
11.2.5 Landis+Gyr Latest Developments
11.3 Echelon
11.3.1 Echelon Company Information
11.3.2 Echelon Smart Grid Communications Product Offered
11.3.3 Echelon Smart Grid Communications Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Echelon Main Business Overview
11.3.5 Echelon Latest Developments
11.4 Sensus USA
11.4.1 Sensus USA Company Information
11.4.2 Sensus USA Smart Grid Communications Product Offered
11.4.3 Sensus USA Smart Grid Communications Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Sensus USA Main Business Overview
11.4.5 Sensus USA Latest Developments
11.5 Itron
11.5.1 Itron Company Information
11.5.2 Itron Smart Grid Communications Product Offered
11.5.3 Itron Smart Grid Communications Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Itron Main Business Overview
11.5.5 Itron Latest Developments
11.6 ABB
11.6.1 ABB Company Information
11.6.2 ABB Smart Grid Communications Product Offered
11.6.3 ABB Smart Grid Communications Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 ABB Main Business Overview
11.6.5 ABB Latest Developments
11.7 Verizon communicationss
11.7.1 Verizon communicationss Company Information
11.7.2 Verizon communicationss Smart Grid Communications Product Offered
11.7.3 Verizon communicationss Smart Grid Communications Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Verizon communicationss Main Business Overview
11.7.5 Verizon communicationss Latest Developments
11.8 Tropos Networks
11.8.1 Tropos Networks Company Information
11.8.2 Tropos Networks Smart Grid Communications Product Offered
11.8.3 Tropos Networks Smart Grid Communications Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Tropos Networks Main Business Overview
11.8.5 Tropos Networks Latest Developments
11.9 Trilliant
11.9.1 Trilliant Company Information
11.9.2 Trilliant Smart Grid Communications Product Offered
11.9.3 Trilliant Smart Grid Communications Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 Trilliant Main Business Overview
11.9.5 Trilliant Latest Developments
11.10 Elster Group
11.10.1 Elster Group Company Information
11.10.2 Elster Group Smart Grid Communications Product Offered
11.10.3 Elster Group Smart Grid Communications Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Elster Group Main Business Overview
11.10.5 Elster Group Latest Developments
11.11 Current Communications Group
11.11.1 Current Communications Group Company Information
11.11.2 Current Communications Group Smart Grid Communications Product Offered
11.11.3 Current Communications Group Smart Grid Communications Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Current Communications Group Main Business Overview
11.11.5 Current Communications Group Latest Developments
12 Research Findings and Conclusion
*If Applicable.