
Smart grid is the intelligentization of the grid. It is based on an integrated, high-speed two-way communication network, through advanced sensing and measurement technology, advanced equipment technology, advanced control methods and advanced decision support system technology applications.
Market Analysis and Insights: Global Smart Grid Networking Market
The global Smart Grid Networking market is projected to grow from US$ 13490 million in 2024 to US$ 21050 million by 2030, at a Compound Annual Growth Rate (CAGR) of 7.7% during the forecast period.
The US & Canada market for Smart Grid Networking is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The China market for Smart Grid Networking is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The Europe market for Smart Grid Networking is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The global key companies of Smart Grid Networking include ABB Group, Cisco Systems, Inc., Mitsubishi Electric, Fujitsu, General Electric Company, Huawei Technologies Co. Ltd., Itron and Schneider Electric, etc. In 2023, the global top five players had a share approximately % in terms of revenue.
Smart Grid Networking is widely used in various fields, such as Commercial and Industrial, etc. Commercial provides greatest supports to the Smart Grid Networking industry development. In 2023, global % revenue of Smart Grid Networking went into Commercial filed and the proportion will reach to % in 2030.
Report Covers:
This report presents an overview of global market for Smart Grid Networking market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Smart Grid Networking, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Smart Grid Networking, 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 Networking revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global Smart Grid Networking 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 2019 to 2030. Evaluation and forecast the market size for Smart Grid Networking revenue, projected growth trends, production technology, application and end-user industry.
Market Segmentation
By Company
ABB Group
Cisco Systems, Inc.
Mitsubishi Electric
Fujitsu
General Electric Company
Huawei Technologies Co. Ltd.
Itron
Schneider Electric
Segment by Type
Hardware
Software
Segment by Application
Commercial
Industrial
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
China
Asia (excluding China)
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Brazil
Mexico
Turkey
Israel
GCC Countries
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 Networking 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 Networking companies’ 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 (US & Canada) 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 Networking 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 Networking Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Hardware
1.2.3 Software
1.3 Market by Application
1.3.1 Global Smart Grid Networking Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Commercial
1.3.3 Industrial
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Grid Networking Market Perspective (2019-2030)
2.2 Global Smart Grid Networking Growth Trends by Region
2.2.1 Smart Grid Networking Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Smart Grid Networking Historic Market Size by Region (2019-2024)
2.2.3 Smart Grid Networking Forecasted Market Size by Region (2025-2030)
2.3 Smart Grid Networking Market Dynamics
2.3.1 Smart Grid Networking Industry Trends
2.3.2 Smart Grid Networking Market Drivers
2.3.3 Smart Grid Networking Market Challenges
2.3.4 Smart Grid Networking Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Smart Grid Networking by Players
3.1.1 Global Smart Grid Networking Revenue by Players (2019-2024)
3.1.2 Global Smart Grid Networking Revenue Market Share by Players (2019-2024)
3.2 Global Smart Grid Networking Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Smart Grid Networking, Ranking by Revenue, 2022 VS 2023 VS 2024
3.4 Global Smart Grid Networking Market Concentration Ratio
3.4.1 Global Smart Grid Networking Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Grid Networking Revenue in 2023
3.5 Global Key Players of Smart Grid Networking Head office and Area Served
3.6 Global Key Players of Smart Grid Networking, Product and Application
3.7 Global Key Players of Smart Grid Networking, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Grid Networking Breakdown Data by Type
4.1 Global Smart Grid Networking Historic Market Size by Type (2019-2024)
4.2 Global Smart Grid Networking Forecasted Market Size by Type (2025-2030)
5 Smart Grid Networking Breakdown Data by Application
5.1 Global Smart Grid Networking Historic Market Size by Application (2019-2024)
5.2 Global Smart Grid Networking Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Smart Grid Networking Market Size (2019-2030)
6.2 North America Smart Grid Networking Market Size by Type
6.2.1 North America Smart Grid Networking Market Size by Type (2019-2024)
6.2.2 North America Smart Grid Networking Market Size by Type (2025-2030)
6.2.3 North America Smart Grid Networking Market Share by Type (2019-2030)
6.3 North America Smart Grid Networking Market Size by Application
6.3.1 North America Smart Grid Networking Market Size by Application (2019-2024)
6.3.2 North America Smart Grid Networking Market Size by Application (2025-2030)
6.3.3 North America Smart Grid Networking Market Share by Application (2019-2030)
6.4 North America Smart Grid Networking Market Size by Country
6.4.1 North America Smart Grid Networking Market Size by Country: 2019 VS 2023 VS 2030
6.4.2 North America Smart Grid Networking Market Size by Country (2019-2024)
6.4.3 North America Smart Grid Networking Market Size by Country (2025-2030)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Smart Grid Networking Market Size (2019-2030)
7.2 Europe Smart Grid Networking Market Size by Type
7.2.1 Europe Smart Grid Networking Market Size by Type (2019-2024)
7.2.2 Europe Smart Grid Networking Market Size by Type (2025-2030)
7.2.3 Europe Smart Grid Networking Market Share by Type (2019-2030)
7.3 Europe Smart Grid Networking Market Size by Application
7.3.1 Europe Smart Grid Networking Market Size by Application (2019-2024)
7.3.2 Europe Smart Grid Networking Market Size by Application (2025-2030)
7.3.3 Europe Smart Grid Networking Market Share by Application (2019-2030)
7.4 Europe Smart Grid Networking Market Size by Country
7.4.1 Europe Smart Grid Networking Market Size by Country: 2019 VS 2023 VS 2030
7.4.2 Europe Smart Grid Networking Market Size by Country (2019-2024)
7.4.3 Europe Smart Grid Networking Market Size by Country (2025-2030)
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 Networking Market Size (2019-2030)
8.2 China Smart Grid Networking Market Size by Type
8.2.1 China Smart Grid Networking Market Size by Type (2019-2024)
8.2.2 China Smart Grid Networking Market Size by Type (2025-2030)
8.2.3 China Smart Grid Networking Market Share by Type (2019-2030)
8.3 China Smart Grid Networking Market Size by Application
8.3.1 China Smart Grid Networking Market Size by Application (2019-2024)
8.3.2 China Smart Grid Networking Market Size by Application (2025-2030)
8.3.3 China Smart Grid Networking Market Share by Application (2019-2030)
9 Asia (excluding China)
9.1 Asia Smart Grid Networking Market Size (2019-2030)
9.2 Asia Smart Grid Networking Market Size by Type
9.2.1 Asia Smart Grid Networking Market Size by Type (2019-2024)
9.2.2 Asia Smart Grid Networking Market Size by Type (2025-2030)
9.2.3 Asia Smart Grid Networking Market Share by Type (2019-2030)
9.3 Asia Smart Grid Networking Market Size by Application
9.3.1 Asia Smart Grid Networking Market Size by Application (2019-2024)
9.3.2 Asia Smart Grid Networking Market Size by Application (2025-2030)
9.3.3 Asia Smart Grid Networking Market Share by Application (2019-2030)
9.4 Asia Smart Grid Networking Market Size by Region
9.4.1 Asia Smart Grid Networking Market Size by Region: 2019 VS 2023 VS 2030
9.4.2 Asia Smart Grid Networking Market Size by Region (2019-2024)
9.4.3 Asia Smart Grid Networking Market Size by Region (2025-2030)
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 Networking Market Size (2019-2030)
10.2 Middle East, Africa, and Latin America Smart Grid Networking Market Size by Type
10.2.1 Middle East, Africa, and Latin America Smart Grid Networking Market Size by Type (2019-2024)
10.2.2 Middle East, Africa, and Latin America Smart Grid Networking Market Size by Type (2025-2030)
10.2.3 Middle East, Africa, and Latin America Smart Grid Networking Market Share by Type (2019-2030)
10.3 Middle East, Africa, and Latin America Smart Grid Networking Market Size by Application
10.3.1 Middle East, Africa, and Latin America Smart Grid Networking Market Size by Application (2019-2024)
10.3.2 Middle East, Africa, and Latin America Smart Grid Networking Market Size by Application (2025-2030)
10.3.3 Middle East, Africa, and Latin America Smart Grid Networking Market Share by Application (2019-2030)
10.4 Middle East, Africa, and Latin America Smart Grid Networking Market Size by Country
10.4.1 Middle East, Africa, and Latin America Smart Grid Networking Market Size by Country: 2019 VS 2023 VS 2030
10.4.2 Middle East, Africa, and Latin America Smart Grid Networking Market Size by Country (2019-2024)
10.4.3 Middle East, Africa, and Latin America Smart Grid Networking Market Size by Country (2025-2030)
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 Group
11.1.1 ABB Group Company Details
11.1.2 ABB Group Business Overview
11.1.3 ABB Group Smart Grid Networking Introduction
11.1.4 ABB Group Revenue in Smart Grid Networking Business (2019-2024)
11.1.5 ABB Group Recent Developments
11.2 Cisco Systems, Inc.
11.2.1 Cisco Systems, Inc. Company Details
11.2.2 Cisco Systems, Inc. Business Overview
11.2.3 Cisco Systems, Inc. Smart Grid Networking Introduction
11.2.4 Cisco Systems, Inc. Revenue in Smart Grid Networking Business (2019-2024)
11.2.5 Cisco Systems, Inc. Recent Developments
11.3 Mitsubishi Electric
11.3.1 Mitsubishi Electric Company Details
11.3.2 Mitsubishi Electric Business Overview
11.3.3 Mitsubishi Electric Smart Grid Networking Introduction
11.3.4 Mitsubishi Electric Revenue in Smart Grid Networking Business (2019-2024)
11.3.5 Mitsubishi Electric Recent Developments
11.4 Fujitsu
11.4.1 Fujitsu Company Details
11.4.2 Fujitsu Business Overview
11.4.3 Fujitsu Smart Grid Networking Introduction
11.4.4 Fujitsu Revenue in Smart Grid Networking Business (2019-2024)
11.4.5 Fujitsu Recent Developments
11.5 General Electric Company
11.5.1 General Electric Company Company Details
11.5.2 General Electric Company Business Overview
11.5.3 General Electric Company Smart Grid Networking Introduction
11.5.4 General Electric Company Revenue in Smart Grid Networking Business (2019-2024)
11.5.5 General Electric Company Recent Developments
11.6 Huawei Technologies Co. Ltd.
11.6.1 Huawei Technologies Co. Ltd. Company Details
11.6.2 Huawei Technologies Co. Ltd. Business Overview
11.6.3 Huawei Technologies Co. Ltd. Smart Grid Networking Introduction
11.6.4 Huawei Technologies Co. Ltd. Revenue in Smart Grid Networking Business (2019-2024)
11.6.5 Huawei Technologies Co. Ltd. Recent Developments
11.7 Itron
11.7.1 Itron Company Details
11.7.2 Itron Business Overview
11.7.3 Itron Smart Grid Networking Introduction
11.7.4 Itron Revenue in Smart Grid Networking Business (2019-2024)
11.7.5 Itron Recent Developments
11.8 Schneider Electric
11.8.1 Schneider Electric Company Details
11.8.2 Schneider Electric Business Overview
11.8.3 Schneider Electric Smart Grid Networking Introduction
11.8.4 Schneider Electric Revenue in Smart Grid Networking Business (2019-2024)
11.8.5 Schneider Electric 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 Group
Cisco Systems, Inc.
Mitsubishi Electric
Fujitsu
General Electric Company
Huawei Technologies Co. Ltd.
Itron
Schneider Electric
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*If Applicable.
