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Smart Grid Technology-Global Market Insights and Sales Trends 2025
Synopsis
The global Smart Grid Technology market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Smart Grid Technology in various end use industries. The expanding demands from the Power Generation, Power Transmission, Power Distribution and Power Consumption, are propelling Smart Grid Technology market. Advanced Metering Infrastructure, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Smart Grid Distribution Management segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Smart Grid Technology market, driven by demand from China, the second largest economy with some signs of stabilising, the Smart Grid Technology market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Smart Grid Technology, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Smart Grid Technology market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Smart Grid Technology market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Smart Grid Technology sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Smart Grid Technology covered in this report include GE, ABB, Siemens, Schneider Electric, Itron, Cisco, IBM, Honeywell and Eaton, etc.
The global Smart Grid Technology market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Smart Grid Technology market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Smart Grid Technology market, 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
Global Smart Grid Technology market, by Application
Power Generation
Power Transmission
Power Distribution
Power Consumption
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Smart Grid Technology companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
The global Smart Grid Technology market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Smart Grid Technology in various end use industries. The expanding demands from the Power Generation, Power Transmission, Power Distribution and Power Consumption, are propelling Smart Grid Technology market. Advanced Metering Infrastructure, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Smart Grid Distribution Management segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Smart Grid Technology market, driven by demand from China, the second largest economy with some signs of stabilising, the Smart Grid Technology market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Smart Grid Technology, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Smart Grid Technology market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Smart Grid Technology market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Smart Grid Technology sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Smart Grid Technology covered in this report include GE, ABB, Siemens, Schneider Electric, Itron, Cisco, IBM, Honeywell and Eaton, etc.
The global Smart Grid Technology market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Smart Grid Technology market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Smart Grid Technology market, 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
Global Smart Grid Technology market, by Application
Power Generation
Power Transmission
Power Distribution
Power Consumption
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Smart Grid Technology companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Smart Grid Technology
1.1 Smart Grid Technology Market Overview
1.1.1 Smart Grid Technology Product Scope
1.1.2 Smart Grid Technology Market Status and Outlook
1.2 Global Smart Grid Technology Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Smart Grid Technology Market Size by Region (2018-2029)
1.4 Global Smart Grid Technology Historic Market Size by Region (2018-2023)
1.5 Global Smart Grid Technology Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Smart Grid Technology Market Size (2018-2029)
1.6.1 North America Smart Grid Technology Market Size (2018-2029)
1.6.2 Europe Smart Grid Technology Market Size (2018-2029)
1.6.3 Asia-Pacific Smart Grid Technology Market Size (2018-2029)
1.6.4 Latin America Smart Grid Technology Market Size (2018-2029)
1.6.5 Middle East & Africa Smart Grid Technology Market Size (2018-2029)
2 Smart Grid Technology Market by Type
2.1 Introduction
2.1.1 Advanced Metering Infrastructure
2.1.2 Smart Grid Distribution Management
2.1.3 Smart Grid Network Management
2.1.4 Grid Asset Management
2.1.5 Substation Automation
2.1.6 Smart Grid Security
2.1.7 Billing and Customer Information System
2.2 Global Smart Grid Technology Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Smart Grid Technology Historic Market Size by Type (2018-2023)
2.2.2 Global Smart Grid Technology Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Smart Grid Technology Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Smart Grid Technology Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Smart Grid Technology Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Smart Grid Technology Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Smart Grid Technology Revenue Breakdown by Type (2018-2029)
3 Smart Grid Technology Market Overview by Application
3.1 Introduction
3.1.1 Power Generation
3.1.2 Power Transmission
3.1.3 Power Distribution
3.1.4 Power Consumption
3.2 Global Smart Grid Technology Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Smart Grid Technology Historic Market Size by Application (2018-2023)
3.2.2 Global Smart Grid Technology Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Smart Grid Technology Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Smart Grid Technology Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Smart Grid Technology Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Smart Grid Technology Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Smart Grid Technology Revenue Breakdown by Application (2018-2029)
4 Smart Grid Technology Competition Analysis by Players
4.1 Global Smart Grid Technology Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Smart Grid Technology as of 2022)
4.3 Date of Key Players Enter into Smart Grid Technology Market
4.4 Global Top Players Smart Grid Technology Headquarters and Area Served
4.5 Key Players Smart Grid Technology Product Solution and Service
4.6 Competitive Status
4.6.1 Smart Grid Technology Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 GE
5.1.1 GE Profile
5.1.2 GE Main Business
5.1.3 GE Smart Grid Technology Products, Services and Solutions
5.1.4 GE Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.1.5 GE Recent Developments
5.2 ABB
5.2.1 ABB Profile
5.2.2 ABB Main Business
5.2.3 ABB Smart Grid Technology Products, Services and Solutions
5.2.4 ABB Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.2.5 ABB Recent Developments
5.3 Siemens
5.3.1 Siemens Profile
5.3.2 Siemens Main Business
5.3.3 Siemens Smart Grid Technology Products, Services and Solutions
5.3.4 Siemens Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.3.5 Schneider Electric Recent Developments
5.4 Schneider Electric
5.4.1 Schneider Electric Profile
5.4.2 Schneider Electric Main Business
5.4.3 Schneider Electric Smart Grid Technology Products, Services and Solutions
5.4.4 Schneider Electric Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.4.5 Schneider Electric Recent Developments
5.5 Itron
5.5.1 Itron Profile
5.5.2 Itron Main Business
5.5.3 Itron Smart Grid Technology Products, Services and Solutions
5.5.4 Itron Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.5.5 Itron Recent Developments
5.6 Cisco
5.6.1 Cisco Profile
5.6.2 Cisco Main Business
5.6.3 Cisco Smart Grid Technology Products, Services and Solutions
5.6.4 Cisco Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.6.5 Cisco Recent Developments
5.7 IBM
5.7.1 IBM Profile
5.7.2 IBM Main Business
5.7.3 IBM Smart Grid Technology Products, Services and Solutions
5.7.4 IBM Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.7.5 IBM Recent Developments
5.8 Honeywell
5.8.1 Honeywell Profile
5.8.2 Honeywell Main Business
5.8.3 Honeywell Smart Grid Technology Products, Services and Solutions
5.8.4 Honeywell Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.8.5 Honeywell Recent Developments
5.9 Eaton
5.9.1 Eaton Profile
5.9.2 Eaton Main Business
5.9.3 Eaton Smart Grid Technology Products, Services and Solutions
5.9.4 Eaton Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.9.5 Eaton Recent Developments
5.10 Tantalus Systems
5.10.1 Tantalus Systems Profile
5.10.2 Tantalus Systems Main Business
5.10.3 Tantalus Systems Smart Grid Technology Products, Services and Solutions
5.10.4 Tantalus Systems Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.10.5 Tantalus Systems Recent Developments
5.11 Mitsubishi Electric
5.11.1 Mitsubishi Electric Profile
5.11.2 Mitsubishi Electric Main Business
5.11.3 Mitsubishi Electric Smart Grid Technology Products, Services and Solutions
5.11.4 Mitsubishi Electric Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.11.5 Mitsubishi Electric Recent Developments
5.12 S&C Electric
5.12.1 S&C Electric Profile
5.12.2 S&C Electric Main Business
5.12.3 S&C Electric Smart Grid Technology Products, Services and Solutions
5.12.4 S&C Electric Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.12.5 S&C Electric Recent Developments
5.13 Landis+Gyr
5.13.1 Landis+Gyr Profile
5.13.2 Landis+Gyr Main Business
5.13.3 Landis+Gyr Smart Grid Technology Products, Services and Solutions
5.13.4 Landis+Gyr Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.13.5 Landis+Gyr Recent Developments
5.14 SAP
5.14.1 SAP Profile
5.14.2 SAP Main Business
5.14.3 SAP Smart Grid Technology Products, Services and Solutions
5.14.4 SAP Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.14.5 SAP Recent Developments
5.15 Wipro
5.15.1 Wipro Profile
5.15.2 Wipro Main Business
5.15.3 Wipro Smart Grid Technology Products, Services and Solutions
5.15.4 Wipro Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.15.5 Wipro Recent Developments
5.16 Trilliant
5.16.1 Trilliant Profile
5.16.2 Trilliant Main Business
5.16.3 Trilliant Smart Grid Technology Products, Services and Solutions
5.16.4 Trilliant Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.16.5 Trilliant Recent Developments
5.17 Globema
5.17.1 Globema Profile
5.17.2 Globema Main Business
5.17.3 Globema Smart Grid Technology Products, Services and Solutions
5.17.4 Globema Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.17.5 Globema Recent Developments
5.18 OSIsoft
5.18.1 OSIsoft Profile
5.18.2 OSIsoft Main Business
5.18.3 OSIsoft Smart Grid Technology Products, Services and Solutions
5.18.4 OSIsoft Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.18.5 OSIsoft Recent Developments
5.19 Verizon
5.19.1 Verizon Profile
5.19.2 Verizon Main Business
5.19.3 Verizon Smart Grid Technology Products, Services and Solutions
5.19.4 Verizon Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.19.5 Verizon Recent Developments
5.20 Infrax Systems Inc.
5.20.1 Infrax Systems Inc. Profile
5.20.2 Infrax Systems Inc. Main Business
5.20.3 Infrax Systems Inc. Smart Grid Technology Products, Services and Solutions
5.20.4 Infrax Systems Inc. Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.20.5 Infrax Systems Inc. Recent Developments
5.21 Iskraemeco
5.21.1 Iskraemeco Profile
5.21.2 Iskraemeco Main Business
5.21.3 Iskraemeco Smart Grid Technology Products, Services and Solutions
5.21.4 Iskraemeco Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.21.5 Iskraemeco Recent Developments
5.22 Dialog Semiconductor
5.22.1 Dialog Semiconductor Profile
5.22.2 Dialog Semiconductor Main Business
5.22.3 Dialog Semiconductor Smart Grid Technology Products, Services and Solutions
5.22.4 Dialog Semiconductor Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.22.5 Dialog Semiconductor Recent Developments
5.23 Power Plus Communications
5.23.1 Power Plus Communications Profile
5.23.2 Power Plus Communications Main Business
5.23.3 Power Plus Communications Smart Grid Technology Products, Services and Solutions
5.23.4 Power Plus Communications Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.23.5 Power Plus Communications Recent Developments
5.24 Tech Mahindra
5.24.1 Tech Mahindra Profile
5.24.2 Tech Mahindra Main Business
5.24.3 Tech Mahindra Smart Grid Technology Products, Services and Solutions
5.24.4 Tech Mahindra Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.24.5 Tech Mahindra Recent Developments
5.25 Kamstrup
5.25.1 Kamstrup Profile
5.25.2 Kamstrup Main Business
5.25.3 Kamstrup Smart Grid Technology Products, Services and Solutions
5.25.4 Kamstrup Smart Grid Technology Revenue (US$ Million) & (2018-2023)
5.25.5 Kamstrup Recent Developments
6 North America
6.1 North America Smart Grid Technology Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Smart Grid Technology Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Smart Grid Technology Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Smart Grid Technology Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Smart Grid Technology Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Smart Grid Technology Market Dynamics
11.1 Smart Grid Technology Industry Trends
11.2 Smart Grid Technology Market Drivers
11.3 Smart Grid Technology Market Challenges
11.4 Smart Grid Technology Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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