Global Smart Grid Technology Market Report 2024

Smart Grid Technology Global Market Report 2024 – By Component (Hardware, Software, Services), By Network Operation (Outage Management Systems, Demand Management Systems, Geographical Management Systems, Energy Management Systems), By Technology (Wired, Wireless), By Application (Generation, Transmission, Distribution, Consumption), By End-User (Residential, Commercial, Industrial, Government) – Market Size, Trends, And Global Forecast 2024-2033

Smart Grid Technology Global Market Report 2024

Starting Price : $4000.00 | Pages : 175 | Published : January 2024 | Delivery Time: 2-3 business days | Format : pdf

Purchase Options
Request Sample
Request For Discount
FAQs
Customise Your Report
Request For Proposal
Request For Regional Data

Need assistance or more information before the purchase?

Enquire Before Buying
Smart Grid Technology Global Market Report 2023

Proud Members Of

checkslacipN checkaoirsN checkscipN
Description Table Of Contents Tables & Figures Market Insights Related Reports

Smart Grid Technology Market Definition And Segments

Smart grid technology refers to an electrical network that manages and monitors the conveyance of power from all generation sources to satisfy the various electricity needs of end customers. This network uses digital and other sophisticated technology.

The main components of smart grid technology are hardware, software, and services. Hardware is the collective term for the internal and external hardware that enables carrying out key operations, including input, output, storage, communication, processing, and more, these upgrades are required if the globe is to utilize the grid's power more effectively. By using outage management systems, demand management systems, geographical management systems network operations, and wired and wire-less technologies it is used for electricity generation, transmission, distribution, and consumption applications by residential, commercial, and industrial, government end-users.

The smart grid technology market covered in this report is segmented –

1) By Component: Hardware, Software, Services

2) By Network Operation: Outage Management Systems, Demand Management Systems, Geographical Management Systems, Energy Management Systems

3) By Technology: Wired, Wireless

4) By Application: Generation, Transmission, Distribution, Consumption

5) By End-User: Residential, Commercial, Industrial, Government

The smart grid technology market size has grown rapidly in recent years. It will grow from $46.65 billion in 2023 to $55.43 billion in 2024 at a compound annual growth rate (CAGR) of 18.8%. The growth in the historic period can be attributed to increasing energy demand and consumption, aging grid infrastructure and rise in urbanization.

The smart grid technology market size is expected to see rapid growth in the next few years. It will grow to $108.82 billion in 2028 at a compound annual growth rate (CAGR) of 18.4%. The growth in the forecast period can be attributed to increasing renewable energy penetration, favorable government initiatives and regulations, growing electric vehicles (EVs) adoption, and energy sector digitalization. Major trends in the forecast period include increasing renewable energy penetration, favorable government initiatives and regulations, growing electric vehicles (EVs) adoption, and energy sector digitalization.

Rising Electricity Demand Fuels Smart Grid Technology Market Growth

The increasing demand for electricity generation is expected to propel the growth of the smart grid technology market going forward. Electricity refers to a type of energy that can be produced in various ways and powers machinery responsible for producing heat, light, and other effects. The smart grid provides households and businesses around the country with electricity from power plants. It can operate in the modern world thanks to its extensive network of electricity generation, transmission, and delivery. For instance, in October 2022, a report released by ExxonMobil Corporation, a US-based natural gas company, global electricity demand is increasing at a rate of 1.8% annually, reaching nearly 50% of this sector by 2050. Therefore, the increasing demand for electricity generation is driving the growth of the smart grid technology market.

Government Backing Propels Growth In The Smart Grid Technology Market

Favorable government initiatives and regulations are expected to drive the smart grid technology market in the forecast period. Governments across the globe are providing financial incentives and initiatives to encourage the adoption of smart grid technology. These initiatives aimed to accelerate the development of a more efficient and sustainable energy infrastructure. For instance, in October 2022, the European Commission initiated an EU action plan that outlines a significant investment of approximately $633 billion (€584 billion) in the electricity grid by 2030. Out of this amount, around $434 billion (€400 billion) will be allocated for the distribution grid, with a substantial portion of $184 billion (€170 billion) designated for digitalization efforts. This investment aims to enhance the efficiency and modernization of the electricity distribution infrastructure across the EU. Similarly, in July 2022, the Indian government initiated a substantial scheme worth INR 3.03 trillion ($36.8 billion) and aimed at power distribution companies. The scheme's purpose is to modernize and reinforce the distribution infrastructure, which includes the compulsory implementation of smart meters. By 2025, the scheme is expected to encompass the installation of approximately 250 million smart meters. Therefore, supportive government initiatives and regulations will drive the growth of the smart grid technology market in the forecast period.

Major companies operating in the smart grid technology market report are Siemens AG, Hitachi, Ltd., Schneider Electric SE, Oracle Corporation, General Electric Company, Cisco Systems Inc., Eaton Corporation PLC, Itron Inc., International Business Machines Corporation, Landis+Gyr AG, ABB, Mitsubishi Electric, Huawei Technologies, Toshiba, Panasonic, Smarter Grid Solutions, Kries, Enel, Elster Group, E.ON SE, EDF France, Engie, Elgama-Elektronika Ltd., NURI Telecom, AEM S.A, Iskraemeco Corp, Energotest, Elektromed Ltd., SWTCH Energy Inc., VRB Energy, BeaconTron, Solarwyse Ltd., Trilliant Incorporated, Smart Grid Observer, Windlogics, UBESS, Moura, Voltalia, Reuniwatt, Neoenergia, Iberdrola, HIMOINSA, otal Eren, Nidec Industrial Solutions, Edelar S.A., ALEC Energy, Mohamed Abdulrahman Al Bahar LLC, Honeywell International Inc., S&C Electric Co, Husk Power Systems, Engie Energy Access, PowerGen Renewable Energy, Abengoa, S.A., New Southern Energy, SOLA Group, SolarX

Rising Influence Of Technological Advancements In The Smart Grid Technology Market

Technological advancements are a key trend gaining popularity in the smart grid technology market. Companies operating in the smart grid technology market are adopting new technologies to sustain their position in the market. For instance, in March 2023, the International Energy Agency, a France-based autonomous intergovernmental organization launched grid Integration tool technology. This technology was created as an add-on to the guidebook for policymakers on grid integration of EVs to evaluate the effect of EV charging on the electricity system. Users of the program can enter characteristics such as an EV fleet, driving habits, charging chances, and the type of electricity used.

Surging Adoption Of Advanced Metering Infrastructure In The Smart Grid Technology Market

Advanced metering infrastructure is a key trend gaining popularity in the smart grid technology market. Companies operating in the smart grid technology market are focusing on adopting smart meters and advanced metering infrastructure, enabling real-time data collection, improved demand response and more accurate billing. For example, in March 2021, Itron, Inc., a US-based technology company, introduced the eHZ-B Smart Meter, targeted at utilities and cities in Germany. This new addition to Itron's 3. HZ FNN-compliant portfolio offers advanced features to support Germany's energy transition towards a sustainable, low-carbon and cost-effective energy supply. The eHZ-B smart meter enables utilities and cities to smoothly transition to a smart and interconnected distribution network, enhancing efficiency and reliability in energy management.

TE Connectivity Strengthens Grid Stability Solutions Through Kries Energietechnik Acquisition

In January 2023, TE Connectivity, a Switzerland-based consumer electronics company acquired Kries Energietechnik GmbH & Co. KG for an undisclosed amount. By making this tactical acquisition, TE's energy business unit strengthens its position as a top supplier of grid stability solutions to utilities, owners of power networks, and developers of renewable energy infrastructure across the globe. Kries Energietechnik GmbH & Co. KG is a Germany-based pioneer in smart grid systems. It offers remedies for extremely accessible distribution networks.

North America was the largest region in the smart grid technology market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart grid technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the smart grid technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The smart grid technology market includes revenues earned by entities by providing services such as more dependable power, producing renewable energy with greater efficiency, utilizing a variety of energy sources, lowering carbon footprint, laying the groundwork for electric vehicles, and producing intelligent job possibilities. The smart grid technology market consists of sales of electric power generators, smart meters (SMs), Collector nodes, Controllers, cables, circuit breakers, and power substations, which are used in providing smart grid technology services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The smart grid technology market research report is one of a series of new reports from The Business Research Company that provides smart grid technology market statistics, including the smart grid technology industry's global market size, regional shares, competitors with a smart grid technology market share, detailed smart grid technology market segments, market trends, and opportunities, and any further data you may need to thrive in the smart grid technology industry. This smart grid technology market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Smart Grid Technology Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $55.43 billion
Revenue Forecast In 2033 $108.82 billion
Growth Rate CAGR of 18.4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Component: Hardware, Software, Services
2) By Network Operation: Outage Management Systems, Demand Management Systems, Geographical Management Systems, Energy Management Systems
3) By Technology: Wired, Wireless
4) By Application: Generation, Transmission, Distribution, Consumption
5) By End-User: Residential, Commercial, Industrial, Government
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Siemens AG; Hitachi, Ltd.; Schneider Electric SE; Oracle Corporation; General Electric Company; Cisco Systems Inc.; Eaton Corporation plc; Itron Inc.; International Business Machines Corporation; Landis+Gyr AG; ABB; Mitsubishi Electric; Huawei Technologies; Toshiba; Panasonic; Smarter Grid Solutions; Kries; Enel; Elster Group; E.ON SE; EDF France; Engie; Elgama-Elektronika Ltd; NURI Telecom; AEM S.A; Iskraemeco Corp; Energotest; Elektromed Ltd; SWTCH Energy Inc; VRB Energy; BeaconTron; Solarwyse Ltd.; Trilliant Incorporated; Smart Grid Observer; Windlogics; UBESS; Moura; Voltalia; Reuniwatt; Neoenergia; Iberdrola; HIMOINSA; otal Eren; Nidec Industrial Solutions; Edelar S.A.; ALEC Energy; Mohamed Abdulrahman Al Bahar LLC; Honeywell International Inc; S&C Electric Co; Husk Power Systems; Engie Energy Access; PowerGen Renewable Energy; Abengoa, S.A.; New Southern Energy; SOLA Group; SolarX
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Smart Grid Technology Market Characteristics

    3. Smart Grid Technology Market Trends And Strategies

    4. Smart Grid Technology Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Smart Grid Technology Market Size and Growth

    5.1. Global Smart Grid Technology Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Smart Grid Technology Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Smart Grid Technology Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Smart Grid Technology Market Segmentation

    6.1. Global Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Hardware

    Software

    Services

    6.2. Global Smart Grid Technology Market, Segmentation By Network Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Outage Management Systems

    Demand Management Systems

    Geographical Management Systems

    Energy Management Systems

    6.3. Global Smart Grid Technology Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Wired

    Wireless

    6.4. Global Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Generation

    Transmission

    Distribution

    Consumption

    6.5. Global Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Residential

    Commercial

    Industrial

    Government

    7. Smart Grid Technology Market Regional And Country Analysis

    7.1. Global Smart Grid Technology Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Smart Grid Technology Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Smart Grid Technology Market

    8.1. Asia-Pacific Smart Grid Technology Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Smart Grid Technology Market

    9.1. China Smart Grid Technology Market Overview

    9.2. China Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Smart Grid Technology Market

    10.1. India Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Smart Grid Technology Market

    11.1. Japan Smart Grid Technology Market Overview

    11.2. Japan Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Smart Grid Technology Market

    12.1. Australia Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Smart Grid Technology Market

    13.1. Indonesia Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Smart Grid Technology Market

    14.1. South Korea Smart Grid Technology Market Overview

    14.2. South Korea Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Smart Grid Technology Market

    15.1. Western Europe Smart Grid Technology Market Overview

    15.2. Western Europe Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Smart Grid Technology Market

    16.1. UK Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Smart Grid Technology Market

    17.1. Germany Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Smart Grid Technology Market

    18.1. France Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Smart Grid Technology Market

    19.1. Italy Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Smart Grid Technology Market

    20.1. Spain Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Smart Grid Technology Market

    21.1. Eastern Europe Smart Grid Technology Market Overview

    21.2. Eastern Europe Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Smart Grid Technology Market

    22.1. Russia Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Smart Grid Technology Market

    23.1. North America Smart Grid Technology Market Overview

    23.2. North America Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Smart Grid Technology Market

    24.1. USA Smart Grid Technology Market Overview

    24.2. USA Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Smart Grid Technology Market

    25.1. Canada Smart Grid Technology Market Overview

    25.2. Canada Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Smart Grid Technology Market

    26.1. South America Smart Grid Technology Market Overview

    26.2. South America Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Smart Grid Technology Market

    27.1. Brazil Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Smart Grid Technology Market

    28.1. Middle East Smart Grid Technology Market Overview

    28.2. Middle East Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Smart Grid Technology Market

    29.1. Africa Smart Grid Technology Market Overview

    29.2. Africa Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Smart Grid Technology Market Competitive Landscape And Company Profiles

    30.1. Smart Grid Technology Market Competitive Landscape

    30.2. Smart Grid Technology Market Company Profiles

    30.2.1. Siemens AG

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Hitachi, Ltd.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Schneider Electric SE

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Oracle Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. General Electric Company

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Smart Grid Technology Market Other Major And Innovative Companies

    31.1. Cisco Systems Inc.

    31.2. Eaton Corporation plc

    31.3. Itron Inc.

    31.4. International Business Machines Corporation

    31.5. Landis+Gyr AG

    31.6. ABB

    31.7. Mitsubishi Electric

    31.8. Huawei Technologies

    31.9. Toshiba

    31.10. Panasonic

    31.11. Smarter Grid Solutions

    31.12. Kries

    31.13. Enel

    31.14. Elster Group

    31.15. E.ON SE

    32. Global Smart Grid Technology Market Competitive Benchmarking

    33. Global Smart Grid Technology Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Smart Grid Technology Market

    35. Smart Grid Technology Market Future Outlook and Potential Analysis

    35.1 Smart Grid Technology Market In 2028 - Countries Offering Most New Opportunities

    35.2 Smart Grid Technology Market In 2028 - Segments Offering Most New Opportunities

    35.3 Smart Grid Technology Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Smart Grid Technology Market, Segmentation By Network Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Smart Grid Technology Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Smart Grid Technology Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Global Smart Grid Technology Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: Asia-Pacific, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: China, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: India, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Japan, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Australia, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: Indonesia, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: South Korea, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Western Europe, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: UK, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: Germany, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: France, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Italy, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Spain, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Eastern Europe, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: Russia, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: North America, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: USA, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: Canada, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: South America, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Brazil, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Middle East, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Africa, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 76: Siemens AG Financial Performance
  • Table 77: Hitachi, Ltd. Financial Performance
  • Table 78: Schneider Electric SE Financial Performance
  • Table 79: Oracle Corporation Financial Performance
  • Table 80: General Electric Company Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Smart Grid Technology Market, Segmentation By Network Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Smart Grid Technology Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Smart Grid Technology Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Global Smart Grid Technology Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: Asia-Pacific, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: China, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: India, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Japan, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Australia, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: Indonesia, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: South Korea, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Western Europe, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: UK, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: Germany, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: France, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Italy, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Spain, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Eastern Europe, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: Russia, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: North America, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: USA, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: Canada, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: South America, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Brazil, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Middle East, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Smart Grid Technology Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Smart Grid Technology Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Africa, Smart Grid Technology Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 76: Siemens AG Financial Performance
  • Figure 77: Hitachi, Ltd. Financial Performance
  • Figure 78: Schneider Electric SE Financial Performance
  • Figure 79: Oracle Corporation Financial Performance
  • Figure 80: General Electric Company Financial Performance
Global Cybersecurity Services Market Opportunities And Strategies – Forecast To 2030 – Includes Cybersecurity Services Market Demand
Read More
Opportunities And Strategies Analysis For The Supply Chain Management Software Market – Includes Supply Chain Management Software Market Overview
Read More
Global Internet Of Things (IoT) Market Opportunities And Strategies – Forecast To 2030 – Includes Internet Of Things (IoT) Market Size
Read More
Global Ambulatory Surgical Centers IT Services Market 2022 – Market Opportunities And Strategies
Read More
The Business Research Company offers the open source intelligence market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the projection mapping market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the soc as a service market research report 2022 with industry size, share, segments and market growth
Read More
The Business Research Company offers the employment screening services market research report 2022 with industry size, share, segments and market growth
Read More
Power Grid System Global Market Report 2024 – By Power Supply (Captive Generation, Wind Power, Other Power Supplies), By Components (Cables, Variable Speed Drives, Transformers, Switchgears), By Application (Seabed, Land) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Microgrid Global Market Report 2024 – By Type (AC Microgrid, DC Microgrid, Hybrid), By Connectivity (Grid Connected, Off-Grid Connected), By Component (Hardware, Software, Services), By Application (Remote Systems, Institutional Buildings, Community And Utility Distribution), By End-User (Commercial And Industrial, Institutes And Campuses, Defense And Military) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Distributed Generation Global Market Report 2024 – By Technology (Fuel Cells, Micro-Turbines, Wind Turbines, Combustion Turbines, Micro-hydropower, Reciprocating Engines, Solar PV, Other Technologies,), By Application (On-Grid, Off-Grid), By End User (Commercial, Industrial, Residential) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Distribution Board Global Market Report 2024 – By Voltage (Low Voltage, Medium Voltage), By Mounting (Flush Mounting, Surface Mounting), By End-User (Transmission And Distribution Utilities, Manufacturing And Process Industries, Commercial And Residential Infrastructure, Other End-Users) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Power Generation, Transmission And Control Equipment Global Market Report 2024 – By Type (Transformer, Electric Motor And Generator, Switchgear And Switchboard Apparatus, Relay And Industrial Controls), By Application (Residential, Commercial, Automotive, Other Applications), By End User Sector (Private, Public) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Power Generation Global Market Report 2024 – By Type (Hydroelectricity, Fossil Fuel Electricity, Nuclear Electricity, Solar Electricity, Wind Electricity, Geothermal Electricity, Biomass Electricity, Other Electricity), By Type Of Grid (Off Grid, On Grid), By Source Of Energy (Conventional/Non-Renewable Source, Renewable Source), By End-User (Industrial, Commercial, Residential, Transportation) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Electric Power Generation, Transmission, And Distribution Global Market Report 2024 – By Type (Electric Power Transmission, Control, And Distribution, Power Generation), By End-User (Residential, Commercial, Industrial), By Type of Operator (Public Operator, Private Operator) – Market Size, Trends, And Global Forecast 2024-2033
View Report
Electric Power Transmission, Control, And Distribution Global Market Report 2024 – By Type (Electric Power Distribution, Electric Bulk Power Transmission And Control), By Application (Government, Commercial, Residential), By Distribution Channel (Online, Offline) – Market Size, Trends, And Global Forecast 2024-2033
View Report

Frequently Asked Questions

What is the definition of the smart grid technology market?

Smart grid technology refers to an electrical network that manages and monitors the conveyance of power from all generation sources to satisfy the various electricity needs of end customers. This network uses digital and other sophisticated technology. For further insights on the smart grid technology market, request a sample here

How will the smart grid technology market drivers and restraints affect the smart grid technology market dynamics? What forces will shape the smart grid technology industry going forward?

The smart grid technology market major growth driver - Rising Electricity Demand Fuels Smart Grid Technology Market Growth. For further insights on the smart grid technology market, request a sample here

What is the forecast market size or the forecast market value of the smart grid technology market?

The smart grid technology market size has grown rapidly in recent years. It will grow from $46.65 billion in 2023 to $55.43 billion in 2024 at a compound annual growth rate (CAGR) of 18.8%. The growth in the historic period can be attributed to increasing energy demand and consumption, aging grid infrastructure and rise in urbanization. The smart grid technology market size is expected to see rapid growth in the next few years. It will grow to $108.82 billion in 2028 at a compound annual growth rate (CAGR) of 18.4%. The growth in the forecast period can be attributed to increasing renewable energy penetration, favorable government initiatives and regulations, growing electric vehicles (evs) adoption, and energy sector digitalization. Major trends in the forecast period include increasing renewable energy penetration, favorable government initiatives and regulations, growing electric vehicles (evs) adoption, and energy sector digitalization. For further insights on the smart grid technology market, request a sample here

How is the smart grid technology market segmented?

The smart grid technology market is segmented
1) By Component: Hardware, Software, Services
2) By Network Operation: Outage Management Systems, Demand Management Systems, Geographical Management Systems, Energy Management Systems
3) By Technology: Wired, Wireless
4) By Application: Generation, Transmission, Distribution, Consumption
5) By End-User: Residential, Commercial, Industrial, GovernmentFor further insights on the smart grid technology market, request a sample here

Which region has the largest share of the smart grid technology market? What are the other regions covered in the report?

North America was the largest region in the smart grid technology market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart grid technology market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the smart grid technology market, request a sample here.

Who are the major players in the smart grid technology market?

Major companies operating in the smart grid technology market report are Siemens AG, Hitachi, Ltd., Schneider Electric SE, Oracle Corporation, General Electric Company, Cisco Systems Inc., Eaton Corporation plc, Itron Inc., International Business Machines Corporation, Landis+Gyr AG, ABB, Mitsubishi Electric, Huawei Technologies, Toshiba, Panasonic, Smarter Grid Solutions, Kries, Enel, Elster Group, E.ON SE, EDF France, Engie, Elgama-Elektronika Ltd, NURI Telecom, AEM S.A, Iskraemeco Corp, Energotest, Elektromed Ltd, SWTCH Energy Inc, VRB Energy, BeaconTron, Solarwyse Ltd., Trilliant Incorporated, Smart Grid Observer, Windlogics, UBESS, Moura, Voltalia, Reuniwatt, Neoenergia, Iberdrola, HIMOINSA, otal Eren, Nidec Industrial Solutions, Edelar S.A., ALEC Energy, Mohamed Abdulrahman Al Bahar LLC, Honeywell International Inc, S&C Electric Co, Husk Power Systems, Engie Energy Access, PowerGen Renewable Energy, Abengoa, S.A., New Southern Energy, SOLA Group, SolarX For further insights on the smart grid technology market, request a sample here.

What are the key trends in the smart grid technology market?

Major trend in the smart grid technology market - Rising Influence Of Technological Advancements In The Smart Grid Technology Market. For further insights on the smart grid technology market, request a sample here.

What are the major opportunities in the smart grid technology market? What are the strategies for the smart grid technology market?

For detailed insights on the major opportunities and strategies in the smart grid technology market, request a sample here.

How does the smart grid technology market relate to the overall economy and other similar markets?

For detailed insights on smart grid technology market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the smart grid technology industry?

For detailed insights on the mergers and acquisitions in the smart grid technology industry, request a sample here.

What are the key dynamics influencing the smart grid technology market growth? SWOT analysis of the smart grid technology market.

For detailed insights on the key dynamics influencing the smart grid technology market growth and SWOT analysis of the smart grid technology industry, request a sample here.