Press release
Latest Trends in Smart Grid Market 2019-2026 | Size, Applications, Global Industry Share, Demand Analysis and Growth by Top Leading Key Players – GE, ABB, Siemens, Schneider Electric, Itron, Landis+Gyr, Aclara, Cisco, OSI, IBM
The Global Smart Grid Market was valued at USD XX million in 2019 and is expected to grow at a CAGR of XX% between 2019 and 2026.Government supportive policies and legislative mandates and improved grid reliability are some of the major factors which are expected to drive the demand of smart grid during the forecast period. On contrary, high initial costs for deployment of smart grid technology solutions can restrain the market.
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About Smart Grid -
• A Smart Grid is an electrical grid which includes a variety of operation and energy measures including smart meters, smart appliances, renewable energy resources, and energy efficient resources.
• Electronic power conditioning and control of the production and distribution of electricity are important aspects of the smart grid.
• As the smart grid technology is implemented, it will lead to many benefits.
• It is cost-effective hence will save people money, help conserve energy and improve the environment.
• The Smart Gird will eliminate the need for thermal power plants
• Enable greater use of renewable energy sources, like hydro, wind and solar.
The Global Smart Grid Industry Segmentation -
• On the basis of Solution into advanced metering infrastructure, smart grid distribution management, smart grid network management, substation automation, smart grid security, and others.
• On the basis of End-Use industry, the market is segmented into residential, commercial, and industrial.
• On the basis of Region into North America, Europe, Asia Pacific, Middle East & Africa and South America.
No.of Pages - 121
No of Key Players - 10
The key players profiled in the market include: -
• GE
• ABB
• Siemens
• Schneider Electric
• Itron
• Landis+Gyr
• Aclara
• Cisco
• OSI
• IBM
What you can expect from our report:
• Total Addressable Market [ Present Market Size forecasted to 2026 with CAGR ]
• Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
• Country wise Market Size Split [Important countries with major market share]
• Market Size Breakdown by Product/ Service Types – [ ]
• Market Size by Application/Industry verticals/ End Users – [ ]
• Market Share and Revenue/Sales of 10-15 Leading Players in the Market
• Production Capacity of Leading Players whenever applicable
• Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
• Pricing Trend Analysis – Average Pricing across regions
• Brandwise Ranking of Major Market Players globally
Benefits of Purchasing Global Smart Grid Market Report:
• Inimitable Expertise: Analysts will provide deep insights into the reports.
• Analyst Support: Get your query resolved from our team before and after purchasing the report.
• Customer’s Satisfaction: Our team will assist with all your research needs and customize the report.
• Assured Quality: We focus on the quality and accuracy of the report.
Key Benefits of the Report:
• Global, and regional, solution & end use industry market size and their forecast from 2019-2026
• Identification and detailed analysis on key market dynamics, such as, drivers, restraints, opportunities, and challenges influencing the growth of the market
• Detailed analysis on industry outlook with market specific PEST analysis, and Supply Chain to better understand the market and build expansion strategies
• Identification of key market players and comprehensively analyze their market share and core competencies, detailed financial positions, key products, and unique selling points
• Analysis on key player’s strategic initiatives and competitive developments, such as agreements & joint ventures, mergers & acquisitions, expansion, and new product launches in the market
• Expert interviews and their insights on market trends, market shift, current and future outlook, and factors impacting vendors’ short term & long term strategies
• Detailed insights on emerging regions, solution and end use industry with qualitative and quantitative information and facts
Key Target Audience of the Report:
• Smart Grid Equipment & Technology Providers
• Traders, Importers, and Exporters
• Raw Material Suppliers and Distributors
• Research and Consulting Firms
• Government and Research Organizations
• Associations and Industry Bodies
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Research Methodology:
The market is derived through extensive use of secondary, primary, in-house research followed by expert validation and third party perspective, such as, analyst reports of investment banks. The secondary research is the primary base of our study wherein we conducted extensive data mining, referring to verified data sources, such as, white papers, government and regulatory published articles, technical journals, trade magazines, and paid data sources.
For forecasting, regional demand & supply factors, recent investments, market dynamics including technical growth scenario, consumer behavior, and end use trends and dynamics, and production capacity were taken into consideration. Different weightages have been assigned to these parameters and quantified their market impacts using the weighted average analysis to derive the market growth rate.
The market estimates and forecasts have been verified through exhaustive primary research with the Key Industry Participants (KIPs), which typically include:
• Manufacturers
• Suppliers
• Distributors
• Government Body & Associations
• Research Institutes
On the basis of solution, the market is split into
• Advanced Metering Infrastructure
• Smart Grid Distribution Management
• Smart Grid Communications
• Smart Grid Network Management
• Substation Automation
• Smart Grid Security
• Others
On the basis of end use industry, the market is split into
• Residential
• Commercial
• Industrial
Moreover, the market is classified based on regions and countries as follows:
• North America- U.S., Canada
• Europe- U.K., France, Germany, Italy and Rest of Europe
• Asia-Pacific- China, Japan, India and Rest of Asia Pacific
• South America- Brazil, Mexico and Rest of South America
• Middle East & Africa- South Africa, Saudi Arabia and Rest of Middle East & Africa
The Global Smart Grid Market is segmented on the basis of Solution, end use industry and region, with focus on manufacturers in North America, Europe, Asia Pacific, Middle East & Africa and South America.
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Table of Content
1. Executive Summary
2. Introduction
2.1. Objective of the Study
2.2. Market Definition
2.3. Market Segmentation & Scope
3. Research Methodology
3.1. Research Methodology
3.2. Research Scope & Assumptions
4. Global Smart Grid Market Overview
4.1. Introduction Market Trends
4.2. Market Trends
4.2.1. Market Driver Analysis
4.2.2. Market Restraint Analysis
4.2.3. Market Opportunity Analysis
4.2.4. Market Challenge Analysis
4.3. Global Smart Grid Market- Supply Chain Analysis
4.4. Global Smart Grid Market- Porter's Five Force Analysis
4.5. Technology Progress in Related Industry
4.6. Regulatory Trends
5. Global Smart Grid Market by Solution
5.1. Introduction
5.2. Advanced Metering Infrastructure
5.2.1. Global Advanced Metering Infrastructure Market Revenue (USD Million), Volume (Units), Production (Units) and Price (USD/Kg), 2015 - 2026
5.3. Smart Grid Distribution Management
5.3.1. Global Smart Grid Distribution Management Market Revenue (USD Million), Volume (Units), Production (Units) and Price (USD/Kg), 2015 - 2026
5.4. Smart Grid Communications
5.4.1. Global Smart Grid Communications Market Revenue (USD Million), Volume (Units), Production (Units) and Price (USD/Kg), 2015 - 2026
5.5. Smart Grid Network Management
5.5.1. Global Smart Grid Network Management Market Revenue (USD Million), Volume (Units), Production (Units) and Price (USD/Kg), 2015 - 2026
5.6. Substation Automation
5.6.1. Global Substation Automation Market Revenue (USD Million), Volume (Units), Production (Units) and Price (USD/Kg), 2015 - 2026
5.7. Smart Grid Security
5.7.1. Global Smart Grid Security Market Revenue (USD Million), Volume (Units), Production (Units) and Price (USD/Kg), 2015 - 2026
5.8. Others
5.8.1. Global Other Smart Grid Market Revenue (USD Million), Volume (Units), Production (Units) and Price (USD/Kg), 2015 - 2026
6. Global Smart Grid Market by End Use Industry
6.1. Introduction
6.2. Residential
6.2.1. Global Smart Grid Market Revenue (USD Million) and Volume (Units) in Residential End Use Industry by Region, 2015 - 2026
6.3. Commercial
6.3.1. Global Smart Grid Market Revenue (USD Million) and Volume (Units) in Commercial End Use Industry by Region, 2015 - 2026
6.4. Industrial
6.4.1. Global Smart Grid Market Revenue (USD Million) and Volume (Units) in Industrial End Use Industry by Region, 2015 - 2026
7. Global Smart Grid Market by Region
7.1. Global Smart Grid Market Regional Analysis, 2015-2026
7.2. Global Smart Grid Market Revenue (USD Million) by Region, 2015-2026
7.3. Global Smart Grid Market Consumption (Units) by Region, 2015-2026
7.4. Global Smart Grid Market Production (Units) by Region, 2015-2026
8. North America Smart Grid Market
8.1. North America Smart Grid Market Analysis
8.1.1. North America Smart Grid Market Revenue (USD Million), Volume (Units) and Production (Units), 2015-2026
8.2. North America Smart Grid Market by End Use Industry, 2015-2026
8.3. North America Smart Grid Market by Country, 2015-2026
8.3.1. US Smart Grid Market Revenue (USD Million), Volume (Units), 2015-2026
8.3.2. Canada Smart Grid Market Revenue (USD Million), Volume (Units), 2015-2026
8.3.3. Mexico Smart Grid Market Revenue (USD Million), Volume (Units), 2015-2026
8.4. Potential Buyers in North America
9. Europe Smart Grid Market
9.1. Europe Smart Grid Market Analysis
9.1.1. Europe Smart Grid Market Revenue (USD Million), Volume (Units) and Production (Units), 2015-2026
9.2. Europe Smart Grid Market by End Use Industry, 2015-2026
9.3. Europe Smart Grid Market by Country, 2015-2026
9.3.1. Germany Smart Grid Market Revenue (USD Million), Volume (Units), 2015-2026
9.3.2. France Smart Grid Market Revenue (USD Million), Volume (Units), 2015-2026
9.3.3. UK Smart Grid Market Revenue (USD Million), Volume (Units), 2015-2026
9.3.4. Spain Smart Grid Market Revenue (USD Million), Volume (Units), 2015-2026
9.3.5. Italy Smart Grid Market Revenue (USD Million), Volume (Units), 2015-2026
9.3.6. Rest of Europe Smart Grid Market Revenue (USD Million), Volume (Units), 2015-2026
9.4. Potential Buyers in Europe
………………………………Continued
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