Self-Healing Grid Market Growth Accelerates: Strategic Forecast Predicts $3.85 Billion by 2029

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

What Will the Self-Healing Grid Industry Market Size Be by 2025?
Over the past several years, the self-healing grid market has experienced robust growth. The market is projected to expand from $2.28 billion in 2024 to $2.48 billion in 2025, with a compound annual growth rate (CAGR) of 8.8%. Factors contributing to the market's growth in the historical period include early adoption for pilot projects, programs to modernize the grid, governmental initiatives and regulations, the focus of utilities on increasing systems efficiency, the need for reliable grid systems, and growing instances of grid outages.

What's the Long-Term Growth Forecast for the Self-Healing Grid Market Size Through 2029?
In the upcoming years, the market size of the self-healing grid is anticipated to experience swift expansion. By 2029, it is projected to reach a valuation of $3.86 billion, escalating at a compound annual growth rate (CAGR) of 11.6%. This growth in the forecast period is expected due to the rise in investment in cybersecurity solutions, evolution of superior control algorithms, focus on grid modernization initiatives, and amplified integration of renewable energy. Noteworthy trends that will be seen during the forecast period encompass collaboration and standardization, advancements in grid automation, integration of AI and predictive analytics, development of distributed energy resources (DERS), enhanced communication and control systems, along with advancements in edge computing and IoT.

View the full report here:
https://www.thebusinessresearchcompany.com/report/self-healing-grid-global-market-report

What Are the Key Growth Drivers Fueling the Self-Healing Grid Market Expansion?
The rise in the utilization of clean energy sources like wind and solar is anticipated to fuel the expansion of the self-healing grid market in the future. Clean energy sources are those that are derived from renewable, clean energy and don't emit any emissions during use. The growing production and application of these clean energy sources necessitates the use of self-healing grids, as these grids facilitate the integration of systems for large-scale renewable energy consumption. For example, a report from the U.S. Energy Information Administration (EIA), a US agency, predicted that in 2023, the United States would generate 240 billion kWh of utility-scale electricity from hydropower, making up 5.7% of the total energy portion. Hence, the rising utilization of clean energy sources like wind and solar is propelling the self-healing grid market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8754&type=smp

What Are the Key Trends Driving Self-Healing Grid Market Growth?
Leading firms in the self-healing grid market are concentrating on the creation of new advanced solutions like data repository technology. These new technical solutions aim to amplify real-time supervision, pre-emptive maintenance and automatic fault recognition, thereby boosting grid reliability and mitigating downtime. In essence, data repository technology is a system that stores, manages and provides easy access to large units of data for effective retrieval and analysis. For instance, in February 2024, the German multinational technology conglomerate, Siemens AG, launched a new product called Gridscale XTM. This product empowers utilities to swiftly increase their grid capacity and adapt to changing energy needs. It is especially useful for Transmission System Operators (TSOs) who need to inch closer to their physical thresholds while maintaining reliability.

How Is the Self-Healing Grid Market Segmented?
The self-healing grid market covered in this report is segmented -

1) By Component: Hardware, Software And Services
2) By Application: Transmission Lines, Distribution Lines
3) By End-User: Public Utility, Private Utility

Subsegments:
1) By Hardware: Sensors, Smart Meters, Control Devices, Communication Equipment
2) By Software: Grid Management Software, Data Analytics And Monitoring Software, Fault Detection And Diagnosis Software, Demand Response Management Software
3) By Services: Consulting Services, Implementation Services, Maintenance And Support Services, Training Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8754&type=smp

Which Companies Are Leading the Charge in Self-Healing Grid Market Innovation?
Major companies operating in the self-healing grid market are Siemens AG, General Electric Company, S & C Electric Company, Eaton Corporation PLC, Schneider Electric SE, Oracle Corporation, Landis+Gyr Corporation, Itron Inc., Sprecher Automation GmbH, EnergyTech Global Pvt. Ltd., Hitachi Ltd., Open Systems International Inc., Det Norske Veritas Germanischer Lloyd, ABB Ltd., Aclara Technologies LLC, Cisco Systems Inc., International Business Machines Corporation, Wipro Limited, Sentient Energy Inc., Infosys Limited, G&W Electric Company, Alectra Utilities Corporation, Honeywell International Inc., C3.ai Inc., Power Analytics Corporation, Utilidata Inc., Varentec Inc., Enel X North America Inc., Opus One Solutions Energy Corporation, Advanced Microgrid Solutions Inc., Blue Pillar Inc., Powerhive Inc., Spirae LLC, Gridco Systems Inc., Autogrid Systems Inc., Grid4C Inc., Smarter Grid Solutions Inc.

Which Regions Are Leading the Global Self-Healing Grid Market in Revenue?
North America was the largest region in the self-healing grid market share in 2024. The regions covered in the self-healing grid market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8754

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.