Smart grid is a type of electrical grid which includes a variety of operational and energy measures including smart meters, smart appliances, renewable energy resources, and energy efficient resources.
Market Analysis and Insights: Global Smart Grid Market
The global Smart Grid market is projected to grow from US$ 41860 million in 2023 to US$ 114170 million by 2029, at a Compound Annual Growth Rate (CAGR) of 18.2% during the forecast period.
The US & Canada market for Smart Grid 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 China market for Smart Grid 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 Europe market for Smart Grid 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 key companies of Smart Grid include ABB, Siemens, Cisco, Belden, Deutsche Telekom, Microchip Technology Inc., Itron, Fujitsu and GE, etc. in 2022, the global top five players had a share approximately % in terms of revenue.
Report Includes
This report presents an overview of global market for Smart Grid market size. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.
This report researches the key producers of Smart Grid, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Smart Grid, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Smart Grid revenue, market share and industry ranking of main companies, data from 2018 to 2023. Identification of the major stakeholders in the global Smart Grid market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by type and by application, revenue, and growth rate, from 2018 to 2029. Evaluation and forecast the market size for Smart Grid revenue, projected growth trends, production technology, application and end-user industry.
Descriptive company profiles of the major global players, including ABB, Siemens, Cisco, Belden, Deutsche Telekom, Microchip Technology Inc., Itron, Fujitsu and GE, etc.
By Company
ABB
Siemens
Cisco
Belden
Deutsche Telekom
Microchip Technology Inc.
Itron
Fujitsu
GE
Huawei
Schneider Electric
Landis+GYR
Aclara Technologies
Open Systems International
International Business Machines Corporation
Wipro Limited
Oracle Corporation
Segment by Type
Software
Hardware
Service
Segment by Application
Automotive
Oil & Gas
Mining
Manufacturing Industry
Building Automation
Other Application
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, and Latin America
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product 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: Revenue of Smart Grid in global and regional level. 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. 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 Smart Grid companies鈥� competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the revenue, 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 revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: North America by type, by application and by country, revenue for each segment.
Chapter 7: Europe by type, by application and by country, revenue for each segment.
Chapter 8: China by type and by application revenue for each segment.
Chapter 9: Asia (excluding China) by type, by application and by region, revenue for each segment.
Chapter 10: Middle East, Africa, and Latin America by type, by application and by country, revenue for each segment.
Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Smart Grid revenue, gross margin, and recent development, etc.
Chapter 12: Analyst's Viewpoints/Conclusions
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Grid Market Size Growth Rate by Type, 2018 VS 2022 VS 2029
1.2.2 Software
1.2.3 Hardware
1.2.4 Service
1.3 Market by Application
1.3.1 Global Smart Grid Market Size Growth Rate by Application, 2018 VS 2022 VS 2029
1.3.2 Automotive
1.3.3 Oil & Gas
1.3.4 Mining
1.3.5 Manufacturing Industry
1.3.6 Building Automation
1.3.7 Other Application
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Grid Market Perspective (2018-2029)
2.2 Global Smart Grid Growth Trends by Region
2.2.1 Smart Grid Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Smart Grid Historic Market Size by Region (2018-2023)
2.2.3 Smart Grid Forecasted Market Size by Region (2024-2029)
2.3 Smart Grid Market Dynamics
2.3.1 Smart Grid Industry Trends
2.3.2 Smart Grid Market Drivers
2.3.3 Smart Grid Market Challenges
2.3.4 Smart Grid Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Smart Grid by Players
3.1.1 Global Smart Grid Revenue by Players (2018-2023)
3.1.2 Global Smart Grid Revenue Market Share by Players (2018-2023)
3.2 Global Smart Grid Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Smart Grid, Ranking by Revenue, 2021 VS 2022 VS 2023
3.4 Global Smart Grid Market Concentration Ratio
3.4.1 Global Smart Grid Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Grid Revenue in 2022
3.5 Global Key Players of Smart Grid Head office and Area Served
3.6 Global Key Players of Smart Grid, Product and Application
3.7 Global Key Players of Smart Grid, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Grid Breakdown Data by Type
4.1 Global Smart Grid Historic Market Size by Type (2018-2023)
4.2 Global Smart Grid Forecasted Market Size by Type (2024-2029)
5 Smart Grid Breakdown Data by Application
5.1 Global Smart Grid Historic Market Size by Application (2018-2023)
5.2 Global Smart Grid Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Smart Grid Market Size (2018-2029)
6.2 North America Smart Grid Market Size by Type
6.2.1 North America Smart Grid Market Size by Type (2018-2023)
6.2.2 North America Smart Grid Market Size by Type (2024-2029)
6.2.3 North America Smart Grid Market Share by Type (2018-2029)
6.3 North America Smart Grid Market Size by Application
6.3.1 North America Smart Grid Market Size by Application (2018-2023)
6.3.2 North America Smart Grid Market Size by Application (2024-2029)
6.3.3 North America Smart Grid Market Share by Application (2018-2029)
6.4 North America Smart Grid Market Size by Country
6.4.1 North America Smart Grid Market Size by Country: 2018 VS 2022 VS 2029
6.4.2 North America Smart Grid Market Size by Country (2018-2023)
6.4.3 North America Smart Grid Market Size by Country (2024-2029)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Smart Grid Market Size (2018-2029)
7.2 Europe Smart Grid Market Size by Type
7.2.1 Europe Smart Grid Market Size by Type (2018-2023)
7.2.2 Europe Smart Grid Market Size by Type (2024-2029)
7.2.3 Europe Smart Grid Market Share by Type (2018-2029)
7.3 Europe Smart Grid Market Size by Application
7.3.1 Europe Smart Grid Market Size by Application (2018-2023)
7.3.2 Europe Smart Grid Market Size by Application (2024-2029)
7.3.3 Europe Smart Grid Market Share by Application (2018-2029)
7.4 Europe Smart Grid Market Size by Country
7.4.1 Europe Smart Grid Market Size by Country: 2018 VS 2022 VS 2029
7.4.2 Europe Smart Grid Market Size by Country (2018-2023)
7.4.3 Europe Smart Grid Market Size by Country (2024-2029)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Smart Grid Market Size (2018-2029)
8.2 China Smart Grid Market Size by Type
8.2.1 China Smart Grid Market Size by Type (2018-2023)
8.2.2 China Smart Grid Market Size by Type (2024-2029)
8.2.3 China Smart Grid Market Share by Type (2018-2029)
8.3 China Smart Grid Market Size by Application
8.3.1 China Smart Grid Market Size by Application (2018-2023)
8.3.2 China Smart Grid Market Size by Application (2024-2029)
8.3.3 China Smart Grid Market Share by Application (2018-2029)
9 Asia (excluding China)
9.1 Asia Smart Grid Market Size (2018-2029)
9.2 Asia Smart Grid Market Size by Type
9.2.1 Asia Smart Grid Market Size by Type (2018-2023)
9.2.2 Asia Smart Grid Market Size by Type (2024-2029)
9.2.3 Asia Smart Grid Market Share by Type (2018-2029)
9.3 Asia Smart Grid Market Size by Application
9.3.1 Asia Smart Grid Market Size by Application (2018-2023)
9.3.2 Asia Smart Grid Market Size by Application (2024-2029)
9.3.3 Asia Smart Grid Market Share by Application (2018-2029)
9.4 Asia Smart Grid Market Size by Region
9.4.1 Asia Smart Grid Market Size by Region: 2018 VS 2022 VS 2029
9.4.2 Asia Smart Grid Market Size by Region (2018-2023)
9.4.3 Asia Smart Grid Market Size by Region (2024-2029)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Smart Grid Market Size (2018-2029)
10.2 Middle East, Africa, and Latin America Smart Grid Market Size by Type
10.2.1 Middle East, Africa, and Latin America Smart Grid Market Size by Type (2018-2023)
10.2.2 Middle East, Africa, and Latin America Smart Grid Market Size by Type (2024-2029)
10.2.3 Middle East, Africa, and Latin America Smart Grid Market Share by Type (2018-2029)
10.3 Middle East, Africa, and Latin America Smart Grid Market Size by Application
10.3.1 Middle East, Africa, and Latin America Smart Grid Market Size by Application (2018-2023)
10.3.2 Middle East, Africa, and Latin America Smart Grid Market Size by Application (2024-2029)
10.3.3 Middle East, Africa, and Latin America Smart Grid Market Share by Application (2018-2029)
10.4 Middle East, Africa, and Latin America Smart Grid Market Size by Country
10.4.1 Middle East, Africa, and Latin America Smart Grid Market Size by Country: 2018 VS 2022 VS 2029
10.4.2 Middle East, Africa, and Latin America Smart Grid Market Size by Country (2018-2023)
10.4.3 Middle East, Africa, and Latin America Smart Grid Market Size by Country (2024-2029)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 ABB
11.1.1 ABB Company Details
11.1.2 ABB Business Overview
11.1.3 ABB Smart Grid Introduction
11.1.4 ABB Revenue in Smart Grid Business (2018-2023)
11.1.5 ABB Recent Developments
11.2 Siemens
11.2.1 Siemens Company Details
11.2.2 Siemens Business Overview
11.2.3 Siemens Smart Grid Introduction
11.2.4 Siemens Revenue in Smart Grid Business (2018-2023)
11.2.5 Siemens Recent Developments
11.3 Cisco
11.3.1 Cisco Company Details
11.3.2 Cisco Business Overview
11.3.3 Cisco Smart Grid Introduction
11.3.4 Cisco Revenue in Smart Grid Business (2018-2023)
11.3.5 Cisco Recent Developments
11.4 Belden
11.4.1 Belden Company Details
11.4.2 Belden Business Overview
11.4.3 Belden Smart Grid Introduction
11.4.4 Belden Revenue in Smart Grid Business (2018-2023)
11.4.5 Belden Recent Developments
11.5 Deutsche Telekom
11.5.1 Deutsche Telekom Company Details
11.5.2 Deutsche Telekom Business Overview
11.5.3 Deutsche Telekom Smart Grid Introduction
11.5.4 Deutsche Telekom Revenue in Smart Grid Business (2018-2023)
11.5.5 Deutsche Telekom Recent Developments
11.6 Microchip Technology Inc.
11.6.1 Microchip Technology Inc. Company Details
11.6.2 Microchip Technology Inc. Business Overview
11.6.3 Microchip Technology Inc. Smart Grid Introduction
11.6.4 Microchip Technology Inc. Revenue in Smart Grid Business (2018-2023)
11.6.5 Microchip Technology Inc. Recent Developments
11.7 Itron
11.7.1 Itron Company Details
11.7.2 Itron Business Overview
11.7.3 Itron Smart Grid Introduction
11.7.4 Itron Revenue in Smart Grid Business (2018-2023)
11.7.5 Itron Recent Developments
11.8 Fujitsu
11.8.1 Fujitsu Company Details
11.8.2 Fujitsu Business Overview
11.8.3 Fujitsu Smart Grid Introduction
11.8.4 Fujitsu Revenue in Smart Grid Business (2018-2023)
11.8.5 Fujitsu Recent Developments
11.9 GE
11.9.1 GE Company Details
11.9.2 GE Business Overview
11.9.3 GE Smart Grid Introduction
11.9.4 GE Revenue in Smart Grid Business (2018-2023)
11.9.5 GE Recent Developments
11.10 Huawei
11.10.1 Huawei Company Details
11.10.2 Huawei Business Overview
11.10.3 Huawei Smart Grid Introduction
11.10.4 Huawei Revenue in Smart Grid Business (2018-2023)
11.10.5 Huawei Recent Developments
11.11 Schneider Electric
11.11.1 Schneider Electric Company Details
11.11.2 Schneider Electric Business Overview
11.11.3 Schneider Electric Smart Grid Introduction
11.11.4 Schneider Electric Revenue in Smart Grid Business (2018-2023)
11.11.5 Schneider Electric Recent Developments
11.12 Landis+GYR
11.12.1 Landis+GYR Company Details
11.12.2 Landis+GYR Business Overview
11.12.3 Landis+GYR Smart Grid Introduction
11.12.4 Landis+GYR Revenue in Smart Grid Business (2018-2023)
11.12.5 Landis+GYR Recent Developments
11.13 Aclara Technologies
11.13.1 Aclara Technologies Company Details
11.13.2 Aclara Technologies Business Overview
11.13.3 Aclara Technologies Smart Grid Introduction
11.13.4 Aclara Technologies Revenue in Smart Grid Business (2018-2023)
11.13.5 Aclara Technologies Recent Developments
11.14 Open Systems International
11.14.1 Open Systems International Company Details
11.14.2 Open Systems International Business Overview
11.14.3 Open Systems International Smart Grid Introduction
11.14.4 Open Systems International Revenue in Smart Grid Business (2018-2023)
11.14.5 Open Systems International Recent Developments
11.15 International Business Machines Corporation
11.15.1 International Business Machines Corporation Company Details
11.15.2 International Business Machines Corporation Business Overview
11.15.3 International Business Machines Corporation Smart Grid Introduction
11.15.4 International Business Machines Corporation Revenue in Smart Grid Business (2018-2023)
11.15.5 International Business Machines Corporation Recent Developments
11.16 Wipro Limited
11.16.1 Wipro Limited Company Details
11.16.2 Wipro Limited Business Overview
11.16.3 Wipro Limited Smart Grid Introduction
11.16.4 Wipro Limited Revenue in Smart Grid Business (2018-2023)
11.16.5 Wipro Limited Recent Developments
11.17 Oracle Corporation
11.17.1 Oracle Corporation Company Details
11.17.2 Oracle Corporation Business Overview
11.17.3 Oracle Corporation Smart Grid Introduction
11.17.4 Oracle Corporation Revenue in Smart Grid Business (2018-2023)
11.17.5 Oracle Corporation Recent Developments
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
ABB
Siemens
Cisco
Belden
Deutsche Telekom
Microchip Technology Inc.
Itron
Fujitsu
GE
Huawei
Schneider Electric
Landis+GYR
Aclara Technologies
Open Systems International
International Business Machines Corporation
Wipro Limited
Oracle Corporation
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*If Applicable.
