Press release
Smart Grid Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
To learn more about this report request a free sample copy @ https://www.omrglobal.com/industry-reports/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.
Global 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
A full report of Smart Grid Market available @ https://www.omrglobal.com/industry-reports/smart-grid-market-size
Smart Grid Market Report Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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.
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Visit more report at
https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/
https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
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. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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