

The global Smart Grid Technology market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Smart Grid Technology is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Smart Grid Technology is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Smart Grid Technology in Power Generation is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Smart Grid Technology include GE, ABB, Siemens, Schneider Electric, Itron, Cisco, IBM, Honeywell and Eaton, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Smart Grid Technology, 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 Smart Grid Technology.
Report Scope
The Smart Grid Technology market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Smart Grid Technology 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 Smart Grid Technology companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
GE
ABB
Siemens
Schneider Electric
Itron
Cisco
IBM
Honeywell
Eaton
Tantalus Systems
Mitsubishi Electric
S&C Electric
Landis+Gyr
SAP
Wipro
Trilliant
Globema
OSIsoft
Verizon
Infrax Systems Inc.
Iskraemeco
Dialog Semiconductor
Power Plus Communications
Tech Mahindra
Kamstrup
Segment by Type
Advanced Metering Infrastructure
Smart Grid Distribution Management
Smart Grid Network Management
Grid Asset Management
Substation Automation
Smart Grid Security
Billing and Customer Information System
Segment by Application
Power Generation
Power Transmission
Power Distribution
Power Consumption
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
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by 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 Smart Grid Technology 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 main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Grid Technology Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Advanced Metering Infrastructure
1.2.3 Smart Grid Distribution Management
1.2.4 Smart Grid Network Management
1.2.5 Grid Asset Management
1.2.6 Substation Automation
1.2.7 Smart Grid Security
1.2.8 Billing and Customer Information System
1.3 Market by Application
1.3.1 Global Smart Grid Technology Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Power Generation
1.3.3 Power Transmission
1.3.4 Power Distribution
1.3.5 Power Consumption
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Smart Grid Technology Market Perspective (2019-2030)
2.2 Smart Grid Technology Growth Trends by Region
2.2.1 Global Smart Grid Technology Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Smart Grid Technology Historic Market Size by Region (2019-2024)
2.2.3 Smart Grid Technology Forecasted Market Size by Region (2025-2030)
2.3 Smart Grid Technology Market Dynamics
2.3.1 Smart Grid Technology Industry Trends
2.3.2 Smart Grid Technology Market Drivers
2.3.3 Smart Grid Technology Market Challenges
2.3.4 Smart Grid Technology Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Smart Grid Technology Players by Revenue
3.1.1 Global Top Smart Grid Technology Players by Revenue (2019-2024)
3.1.2 Global Smart Grid Technology Revenue Market Share by Players (2019-2024)
3.2 Global Smart Grid Technology Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Smart Grid Technology Revenue
3.4 Global Smart Grid Technology Market Concentration Ratio
3.4.1 Global Smart Grid Technology Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Smart Grid Technology Revenue in 2023
3.5 Smart Grid Technology Key Players Head office and Area Served
3.6 Key Players Smart Grid Technology Product Solution and Service
3.7 Date of Enter into Smart Grid Technology Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Smart Grid Technology Breakdown Data by Type
4.1 Global Smart Grid Technology Historic Market Size by Type (2019-2024)
4.2 Global Smart Grid Technology Forecasted Market Size by Type (2025-2030)
5 Smart Grid Technology Breakdown Data by Application
5.1 Global Smart Grid Technology Historic Market Size by Application (2019-2024)
5.2 Global Smart Grid Technology Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Smart Grid Technology Market Size (2019-2030)
6.2 North America Smart Grid Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Smart Grid Technology Market Size by Country (2019-2024)
6.4 North America Smart Grid Technology Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Smart Grid Technology Market Size (2019-2030)
7.2 Europe Smart Grid Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Smart Grid Technology Market Size by Country (2019-2024)
7.4 Europe Smart Grid Technology Market Size by Country (2025-2030)
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 Smart Grid Technology Market Size (2019-2030)
8.2 Asia-Pacific Smart Grid Technology Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Smart Grid Technology Market Size by Region (2019-2024)
8.4 Asia-Pacific Smart Grid Technology Market Size by Region (2025-2030)
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 Smart Grid Technology Market Size (2019-2030)
9.2 Latin America Smart Grid Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Smart Grid Technology Market Size by Country (2019-2024)
9.4 Latin America Smart Grid Technology Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Smart Grid Technology Market Size (2019-2030)
10.2 Middle East & Africa Smart Grid Technology Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Smart Grid Technology Market Size by Country (2019-2024)
10.4 Middle East & Africa Smart Grid Technology Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 GE
11.1.1 GE Company Detail
11.1.2 GE Business Overview
11.1.3 GE Smart Grid Technology Introduction
11.1.4 GE Revenue in Smart Grid Technology Business (2019-2024)
11.1.5 GE Recent Development
11.2 ABB
11.2.1 ABB Company Detail
11.2.2 ABB Business Overview
11.2.3 ABB Smart Grid Technology Introduction
11.2.4 ABB Revenue in Smart Grid Technology Business (2019-2024)
11.2.5 ABB Recent Development
11.3 Siemens
11.3.1 Siemens Company Detail
11.3.2 Siemens Business Overview
11.3.3 Siemens Smart Grid Technology Introduction
11.3.4 Siemens Revenue in Smart Grid Technology Business (2019-2024)
11.3.5 Siemens Recent Development
11.4 Schneider Electric
11.4.1 Schneider Electric Company Detail
11.4.2 Schneider Electric Business Overview
11.4.3 Schneider Electric Smart Grid Technology Introduction
11.4.4 Schneider Electric Revenue in Smart Grid Technology Business (2019-2024)
11.4.5 Schneider Electric Recent Development
11.5 Itron
11.5.1 Itron Company Detail
11.5.2 Itron Business Overview
11.5.3 Itron Smart Grid Technology Introduction
11.5.4 Itron Revenue in Smart Grid Technology Business (2019-2024)
11.5.5 Itron Recent Development
11.6 Cisco
11.6.1 Cisco Company Detail
11.6.2 Cisco Business Overview
11.6.3 Cisco Smart Grid Technology Introduction
11.6.4 Cisco Revenue in Smart Grid Technology Business (2019-2024)
11.6.5 Cisco Recent Development
11.7 IBM
11.7.1 IBM Company Detail
11.7.2 IBM Business Overview
11.7.3 IBM Smart Grid Technology Introduction
11.7.4 IBM Revenue in Smart Grid Technology Business (2019-2024)
11.7.5 IBM Recent Development
11.8 Honeywell
11.8.1 Honeywell Company Detail
11.8.2 Honeywell Business Overview
11.8.3 Honeywell Smart Grid Technology Introduction
11.8.4 Honeywell Revenue in Smart Grid Technology Business (2019-2024)
11.8.5 Honeywell Recent Development
11.9 Eaton
11.9.1 Eaton Company Detail
11.9.2 Eaton Business Overview
11.9.3 Eaton Smart Grid Technology Introduction
11.9.4 Eaton Revenue in Smart Grid Technology Business (2019-2024)
11.9.5 Eaton Recent Development
11.10 Tantalus Systems
11.10.1 Tantalus Systems Company Detail
11.10.2 Tantalus Systems Business Overview
11.10.3 Tantalus Systems Smart Grid Technology Introduction
11.10.4 Tantalus Systems Revenue in Smart Grid Technology Business (2019-2024)
11.10.5 Tantalus Systems Recent Development
11.11 Mitsubishi Electric
11.11.1 Mitsubishi Electric Company Detail
11.11.2 Mitsubishi Electric Business Overview
11.11.3 Mitsubishi Electric Smart Grid Technology Introduction
11.11.4 Mitsubishi Electric Revenue in Smart Grid Technology Business (2019-2024)
11.11.5 Mitsubishi Electric Recent Development
11.12 S&C Electric
11.12.1 S&C Electric Company Detail
11.12.2 S&C Electric Business Overview
11.12.3 S&C Electric Smart Grid Technology Introduction
11.12.4 S&C Electric Revenue in Smart Grid Technology Business (2019-2024)
11.12.5 S&C Electric Recent Development
11.13 Landis+Gyr
11.13.1 Landis+Gyr Company Detail
11.13.2 Landis+Gyr Business Overview
11.13.3 Landis+Gyr Smart Grid Technology Introduction
11.13.4 Landis+Gyr Revenue in Smart Grid Technology Business (2019-2024)
11.13.5 Landis+Gyr Recent Development
11.14 SAP
11.14.1 SAP Company Detail
11.14.2 SAP Business Overview
11.14.3 SAP Smart Grid Technology Introduction
11.14.4 SAP Revenue in Smart Grid Technology Business (2019-2024)
11.14.5 SAP Recent Development
11.15 Wipro
11.15.1 Wipro Company Detail
11.15.2 Wipro Business Overview
11.15.3 Wipro Smart Grid Technology Introduction
11.15.4 Wipro Revenue in Smart Grid Technology Business (2019-2024)
11.15.5 Wipro Recent Development
11.16 Trilliant
11.16.1 Trilliant Company Detail
11.16.2 Trilliant Business Overview
11.16.3 Trilliant Smart Grid Technology Introduction
11.16.4 Trilliant Revenue in Smart Grid Technology Business (2019-2024)
11.16.5 Trilliant Recent Development
11.17 Globema
11.17.1 Globema Company Detail
11.17.2 Globema Business Overview
11.17.3 Globema Smart Grid Technology Introduction
11.17.4 Globema Revenue in Smart Grid Technology Business (2019-2024)
11.17.5 Globema Recent Development
11.18 OSIsoft
11.18.1 OSIsoft Company Detail
11.18.2 OSIsoft Business Overview
11.18.3 OSIsoft Smart Grid Technology Introduction
11.18.4 OSIsoft Revenue in Smart Grid Technology Business (2019-2024)
11.18.5 OSIsoft Recent Development
11.19 Verizon
11.19.1 Verizon Company Detail
11.19.2 Verizon Business Overview
11.19.3 Verizon Smart Grid Technology Introduction
11.19.4 Verizon Revenue in Smart Grid Technology Business (2019-2024)
11.19.5 Verizon Recent Development
11.20 Infrax Systems Inc.
11.20.1 Infrax Systems Inc. Company Detail
11.20.2 Infrax Systems Inc. Business Overview
11.20.3 Infrax Systems Inc. Smart Grid Technology Introduction
11.20.4 Infrax Systems Inc. Revenue in Smart Grid Technology Business (2019-2024)
11.20.5 Infrax Systems Inc. Recent Development
11.21 Iskraemeco
11.21.1 Iskraemeco Company Detail
11.21.2 Iskraemeco Business Overview
11.21.3 Iskraemeco Smart Grid Technology Introduction
11.21.4 Iskraemeco Revenue in Smart Grid Technology Business (2019-2024)
11.21.5 Iskraemeco Recent Development
11.22 Dialog Semiconductor
11.22.1 Dialog Semiconductor Company Detail
11.22.2 Dialog Semiconductor Business Overview
11.22.3 Dialog Semiconductor Smart Grid Technology Introduction
11.22.4 Dialog Semiconductor Revenue in Smart Grid Technology Business (2019-2024)
11.22.5 Dialog Semiconductor Recent Development
11.23 Power Plus Communications
11.23.1 Power Plus Communications Company Detail
11.23.2 Power Plus Communications Business Overview
11.23.3 Power Plus Communications Smart Grid Technology Introduction
11.23.4 Power Plus Communications Revenue in Smart Grid Technology Business (2019-2024)
11.23.5 Power Plus Communications Recent Development
11.24 Tech Mahindra
11.24.1 Tech Mahindra Company Detail
11.24.2 Tech Mahindra Business Overview
11.24.3 Tech Mahindra Smart Grid Technology Introduction
11.24.4 Tech Mahindra Revenue in Smart Grid Technology Business (2019-2024)
11.24.5 Tech Mahindra Recent Development
11.25 Kamstrup
11.25.1 Kamstrup Company Detail
11.25.2 Kamstrup Business Overview
11.25.3 Kamstrup Smart Grid Technology Introduction
11.25.4 Kamstrup Revenue in Smart Grid Technology Business (2019-2024)
11.25.5 Kamstrup 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
GE
ABB
Siemens
Schneider Electric
Itron
Cisco
IBM
Honeywell
Eaton
Tantalus Systems
Mitsubishi Electric
S&C Electric
Landis+Gyr
SAP
Wipro
Trilliant
Globema
OSIsoft
Verizon
Infrax Systems Inc.
Iskraemeco
Dialog Semiconductor
Power Plus Communications
Tech Mahindra
Kamstrup
Ìý
Ìý
*If Applicable.