Press release
Smart Grid Market Will Generate Record Revenue by 2028
To Request a Sample of our Report on Smart Grid Market: https://www.omrglobal.com/request-sample/smart-grid-market-size
According to the US Energy Information Administration (EIA), global energy consumption is expected to grow by nearly 50.0% during 2018 to 2050, with Asia being the major consumer of energy over the years.? Additionally, according to the bp Statistical Review of World Energy 2020, the global primary energy consumption stood at 583.9 Exajoules in 2019. Moreover, the increasing government initiatives for smart grid projects are further anticipated to boost the growth of the market during the forecast period. For instance, in November 2021, the European Union announced to launch of three new smart grid projects including Carpathian Modernized Energy Network (CARMEN) project, the Gabreta project, and Green Switch. Additionally, the EU 20-20-20 policy that aims to convert over 80.0% of the installed meter base to a smart one has ensured growth prospects in the demand for smart meters which in turn is boosting the growth of the smart grid market in the region.
Market Coverage
The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028
Segment Covered-
By Product
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape-ABB Ltd., Siemens AG, IBM Corp., General Electric Corp., and Landis+Gyr AG, among others
A full Report of Smart Grid Market is Available @ https://www.omrglobal.com/industry-reports/smart-grid-market-size
Smart Grid Market Report by Segment
By Product
Software
Advanced Metering Infrastructure
Smart Grid Distribution Management
Smart Grid Security
Grid Asset Management
Billing and Customer Information System
Hardware
Smart Meters
Sensors
Programmable Logic Controllers (PLC)
Others
Service
Consulting
Support and Maintenance
Others
Smart Grid Market Report by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
ABB, Ltd.
Aclara Technologies, LLC
Adesto Technologies Corp.
Alstom SA
BPL Global, Ltd.
Cisco Systems, Inc.
Eaton Corp.
Enphase Energy, Inc.
General Electric Co.
GIPRO GmbH
Honeywell International, Inc.
IBM Corp.
Itron, Inc.
Landis+Gyr AG
Nexgrid LLC
Open System International, Inc.
Oracle Corp.
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/smart-grid-market-size
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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