
Digital Grid Solutions is a suite of solutions designed to help transmission and distribution companies digitize their grids for greater flexibility, resilience and value in a clean energy future. Digital Grid Services help drive the digital transformation and grid modernization through: lowering total cost of ownershipï¼›simplifying complex integration workflowsï¼›synergy for IT/OT transformationï¼›leveraging spatial analysisï¼›delivering operational awareness.
The global Digital Grid Solutions market was valued at US$ 43500 million in 2022 and is anticipated to reach US$ 128600 million by 2029, witnessing a CAGR of 19.8% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Digital Grid Solutions is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Digital Grid Solutions is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Digital Grid Solutions in Electric Power is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Digital Grid Solutions include AspenTech(OSI Digital,Inc), Smarter Grid Solutions, GE, Ericsson, Schneider Electric, Ernst&Young Global Limited, TRC Companies,Inc, Emerson Electric Co. and Ericsson, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Digital Grid Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Digital Grid Solutions.
The Digital Grid Solutions market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Digital Grid Solutions market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Digital Grid Solutions companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
AspenTech(OSI Digital,Inc)
Smarter Grid Solutions
GE
Ericsson
Schneider Electric
Ernst&Young Global Limited
TRC Companies,Inc
Emerson Electric Co.
Ericsson
Intel
Eaton
Siemens
Prysmian Group
Telit
ABB
NI
Cisco Systems,Inc.
Black&Veatch Holding Company
S&C Electric Company
Huawei
E Source
Iskraemeco Group
Segment by Type
Virtual Power Plants
Microgrids
Cellular Approach
Segment by Application
Electric Power
Public Utility
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Digital Grid Solutions companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Digital Grid Solutions Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Virtual Power Plants
1.2.3 Microgrids
1.2.4 Cellular Approach
1.3 Market by Application
1.3.1 Global Digital Grid Solutions Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Electric Power
1.3.3 Public Utility
1.3.4 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Digital Grid Solutions Market Perspective (2018-2029)
2.2 Digital Grid Solutions Growth Trends by Region
2.2.1 Global Digital Grid Solutions Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Digital Grid Solutions Historic Market Size by Region (2018-2023)
2.2.3 Digital Grid Solutions Forecasted Market Size by Region (2024-2029)
2.3 Digital Grid Solutions Market Dynamics
2.3.1 Digital Grid Solutions Industry Trends
2.3.2 Digital Grid Solutions Market Drivers
2.3.3 Digital Grid Solutions Market Challenges
2.3.4 Digital Grid Solutions Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Digital Grid Solutions Players by Revenue
3.1.1 Global Top Digital Grid Solutions Players by Revenue (2018-2023)
3.1.2 Global Digital Grid Solutions Revenue Market Share by Players (2018-2023)
3.2 Global Digital Grid Solutions Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Digital Grid Solutions Revenue
3.4 Global Digital Grid Solutions Market Concentration Ratio
3.4.1 Global Digital Grid Solutions Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Digital Grid Solutions Revenue in 2022
3.5 Digital Grid Solutions Key Players Head office and Area Served
3.6 Key Players Digital Grid Solutions Product Solution and Service
3.7 Date of Enter into Digital Grid Solutions Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Digital Grid Solutions Breakdown Data by Type
4.1 Global Digital Grid Solutions Historic Market Size by Type (2018-2023)
4.2 Global Digital Grid Solutions Forecasted Market Size by Type (2024-2029)
5 Digital Grid Solutions Breakdown Data by Application
5.1 Global Digital Grid Solutions Historic Market Size by Application (2018-2023)
5.2 Global Digital Grid Solutions Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Digital Grid Solutions Market Size (2018-2029)
6.2 North America Digital Grid Solutions Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Digital Grid Solutions Market Size by Country (2018-2023)
6.4 North America Digital Grid Solutions Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Digital Grid Solutions Market Size (2018-2029)
7.2 Europe Digital Grid Solutions Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Digital Grid Solutions Market Size by Country (2018-2023)
7.4 Europe Digital Grid Solutions Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Digital Grid Solutions Market Size (2018-2029)
8.2 Asia-Pacific Digital Grid Solutions Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Digital Grid Solutions Market Size by Region (2018-2023)
8.4 Asia-Pacific Digital Grid Solutions Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Digital Grid Solutions Market Size (2018-2029)
9.2 Latin America Digital Grid Solutions Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Digital Grid Solutions Market Size by Country (2018-2023)
9.4 Latin America Digital Grid Solutions Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Digital Grid Solutions Market Size (2018-2029)
10.2 Middle East & Africa Digital Grid Solutions Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Digital Grid Solutions Market Size by Country (2018-2023)
10.4 Middle East & Africa Digital Grid Solutions Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 AspenTech(OSI Digital,Inc)
11.1.1 AspenTech(OSI Digital,Inc) Company Detail
11.1.2 AspenTech(OSI Digital,Inc) Business Overview
11.1.3 AspenTech(OSI Digital,Inc) Digital Grid Solutions Introduction
11.1.4 AspenTech(OSI Digital,Inc) Revenue in Digital Grid Solutions Business (2018-2023)
11.1.5 AspenTech(OSI Digital,Inc) Recent Development
11.2 Smarter Grid Solutions
11.2.1 Smarter Grid Solutions Company Detail
11.2.2 Smarter Grid Solutions Business Overview
11.2.3 Smarter Grid Solutions Digital Grid Solutions Introduction
11.2.4 Smarter Grid Solutions Revenue in Digital Grid Solutions Business (2018-2023)
11.2.5 Smarter Grid Solutions Recent Development
11.3 GE
11.3.1 GE Company Detail
11.3.2 GE Business Overview
11.3.3 GE Digital Grid Solutions Introduction
11.3.4 GE Revenue in Digital Grid Solutions Business (2018-2023)
11.3.5 GE Recent Development
11.4 Ericsson
11.4.1 Ericsson Company Detail
11.4.2 Ericsson Business Overview
11.4.3 Ericsson Digital Grid Solutions Introduction
11.4.4 Ericsson Revenue in Digital Grid Solutions Business (2018-2023)
11.4.5 Ericsson Recent Development
11.5 Schneider Electric
11.5.1 Schneider Electric Company Detail
11.5.2 Schneider Electric Business Overview
11.5.3 Schneider Electric Digital Grid Solutions Introduction
11.5.4 Schneider Electric Revenue in Digital Grid Solutions Business (2018-2023)
11.5.5 Schneider Electric Recent Development
11.6 Ernst&Young Global Limited
11.6.1 Ernst&Young Global Limited Company Detail
11.6.2 Ernst&Young Global Limited Business Overview
11.6.3 Ernst&Young Global Limited Digital Grid Solutions Introduction
11.6.4 Ernst&Young Global Limited Revenue in Digital Grid Solutions Business (2018-2023)
11.6.5 Ernst&Young Global Limited Recent Development
11.7 TRC Companies,Inc
11.7.1 TRC Companies,Inc Company Detail
11.7.2 TRC Companies,Inc Business Overview
11.7.3 TRC Companies,Inc Digital Grid Solutions Introduction
11.7.4 TRC Companies,Inc Revenue in Digital Grid Solutions Business (2018-2023)
11.7.5 TRC Companies,Inc Recent Development
11.8 Emerson Electric Co.
11.8.1 Emerson Electric Co. Company Detail
11.8.2 Emerson Electric Co. Business Overview
11.8.3 Emerson Electric Co. Digital Grid Solutions Introduction
11.8.4 Emerson Electric Co. Revenue in Digital Grid Solutions Business (2018-2023)
11.8.5 Emerson Electric Co. Recent Development
11.9 Ericsson
11.9.1 Ericsson Company Detail
11.9.2 Ericsson Business Overview
11.9.3 Ericsson Digital Grid Solutions Introduction
11.9.4 Ericsson Revenue in Digital Grid Solutions Business (2018-2023)
11.9.5 Ericsson Recent Development
11.10 Intel
11.10.1 Intel Company Detail
11.10.2 Intel Business Overview
11.10.3 Intel Digital Grid Solutions Introduction
11.10.4 Intel Revenue in Digital Grid Solutions Business (2018-2023)
11.10.5 Intel Recent Development
11.11 Eaton
11.11.1 Eaton Company Detail
11.11.2 Eaton Business Overview
11.11.3 Eaton Digital Grid Solutions Introduction
11.11.4 Eaton Revenue in Digital Grid Solutions Business (2018-2023)
11.11.5 Eaton Recent Development
11.12 Siemens
11.12.1 Siemens Company Detail
11.12.2 Siemens Business Overview
11.12.3 Siemens Digital Grid Solutions Introduction
11.12.4 Siemens Revenue in Digital Grid Solutions Business (2018-2023)
11.12.5 Siemens Recent Development
11.13 Prysmian Group
11.13.1 Prysmian Group Company Detail
11.13.2 Prysmian Group Business Overview
11.13.3 Prysmian Group Digital Grid Solutions Introduction
11.13.4 Prysmian Group Revenue in Digital Grid Solutions Business (2018-2023)
11.13.5 Prysmian Group Recent Development
11.14 Telit
11.14.1 Telit Company Detail
11.14.2 Telit Business Overview
11.14.3 Telit Digital Grid Solutions Introduction
11.14.4 Telit Revenue in Digital Grid Solutions Business (2018-2023)
11.14.5 Telit Recent Development
11.15 ABB
11.15.1 ABB Company Detail
11.15.2 ABB Business Overview
11.15.3 ABB Digital Grid Solutions Introduction
11.15.4 ABB Revenue in Digital Grid Solutions Business (2018-2023)
11.15.5 ABB Recent Development
11.16 NI
11.16.1 NI Company Detail
11.16.2 NI Business Overview
11.16.3 NI Digital Grid Solutions Introduction
11.16.4 NI Revenue in Digital Grid Solutions Business (2018-2023)
11.16.5 NI Recent Development
11.17 Cisco Systems,Inc.
11.17.1 Cisco Systems,Inc. Company Detail
11.17.2 Cisco Systems,Inc. Business Overview
11.17.3 Cisco Systems,Inc. Digital Grid Solutions Introduction
11.17.4 Cisco Systems,Inc. Revenue in Digital Grid Solutions Business (2018-2023)
11.17.5 Cisco Systems,Inc. Recent Development
11.18 Black&Veatch Holding Company
11.18.1 Black&Veatch Holding Company Company Detail
11.18.2 Black&Veatch Holding Company Business Overview
11.18.3 Black&Veatch Holding Company Digital Grid Solutions Introduction
11.18.4 Black&Veatch Holding Company Revenue in Digital Grid Solutions Business (2018-2023)
11.18.5 Black&Veatch Holding Company Recent Development
11.19 S&C Electric Company
11.19.1 S&C Electric Company Company Detail
11.19.2 S&C Electric Company Business Overview
11.19.3 S&C Electric Company Digital Grid Solutions Introduction
11.19.4 S&C Electric Company Revenue in Digital Grid Solutions Business (2018-2023)
11.19.5 S&C Electric Company Recent Development
11.20 Huawei
11.20.1 Huawei Company Detail
11.20.2 Huawei Business Overview
11.20.3 Huawei Digital Grid Solutions Introduction
11.20.4 Huawei Revenue in Digital Grid Solutions Business (2018-2023)
11.20.5 Huawei Recent Development
11.21 E Source
11.21.1 E Source Company Detail
11.21.2 E Source Business Overview
11.21.3 E Source Digital Grid Solutions Introduction
11.21.4 E Source Revenue in Digital Grid Solutions Business (2018-2023)
11.21.5 E Source Recent Development
11.22 Iskraemeco Group
11.22.1 Iskraemeco Group Company Detail
11.22.2 Iskraemeco Group Business Overview
11.22.3 Iskraemeco Group Digital Grid Solutions Introduction
11.22.4 Iskraemeco Group Revenue in Digital Grid Solutions Business (2018-2023)
11.22.5 Iskraemeco Group Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
AspenTech(OSI Digital,Inc)
Smarter Grid Solutions
GE
Ericsson
Schneider Electric
Ernst&Young Global Limited
TRC Companies,Inc
Emerson Electric Co.
Ericsson
Intel
Eaton
Siemens
Prysmian Group
Telit
ABB
NI
Cisco Systems,Inc.
Black&Veatch Holding Company
S&C Electric Company
Huawei
E Source
Iskraemeco Group
Ìý
Ìý
*If Applicable.
