Global Smart Grid Market Assessment, By Network Area [Home Area Network (HAN), Neighborhood Area Network (NAN), Wide Area Network (WAN), and Long-Range Wide Area Network (LoRaWAN)], By Components [Hardware, Software, Services], By Applications [Distribution Automation, Conservation Voltage Reduction (CVR), Substation Automation, and Advanced Metering Infrastructure (AMI), Others], By End-use [Residential, Commercial, Industrial], By Region, Opportunities, and Forecast, 2016-2030F

The Smart Grid market has experienced significant growth in recent years and is expected to maintain a strong growth trajectory in the coming years. Valued at USD 52.19 billion in 2022, the market is projected to reach USD 218.58 billion by 2030, reflecting a notable CAGR of 19.61% during the forecasted period from 2023 to 2030.

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The Smart Grid market has experienced significant growth in recent years and is expected to maintain a strong growth trajectory in the coming years. Valued at USD 52.19 billion in 2022, the market is projected to reach USD 218.58 billion by 2030, reflecting a notable CAGR of 19.61% during the forecasted period from 2023 to 2030. The market is expected to experience growth due to the rising investments in the industry and the implementation of advanced technologies like smart meters, electric vehicle chargers, and other infrastructure advancements. These technological developments are projected to propel the expansion of the market in the upcoming years. Moreover, the demand for smart grids is rapidly increasing due to factors such as growing energy demand, renewable energy integration, grid modernization initiatives, grid resilience, etc. 

Many power grids around the world are outdated and face challenges due to aging infrastructure. Components such as transformers, substations, and power lines may need replacement or upgrades. Modernization initiatives help address these infrastructure issues by incorporating advanced technologies and more efficient equipment. One of the most prominent examples of a modernization initiative is Schneider Electric SE’s EcoStruxure Advanced Distribution Management System (ADMS). Schneider Electric SE's EcoStruxure ADMS offers a comprehensive network management solution that encompasses monitoring, analysis, control, optimization, planning, and training tools. It operates on a unified representation of the entire electric distribution network. By merging Distribution Management Systems (DMS), Outage Management Systems (OMS), and Supervisory Control and Data Acquisition (SCADA) functionalities, EcoStruxure ADMS combines over 50 advanced functions. This integration enables the maximization of benefits derived from intelligent grid devices, distributed renewable energy sources, advanced metering, and other smart grid components.

The Advent of Highly Advanced Smart Grid Technologies

The emergence of highly advanced smart grid technologies has revolutionized the energy sector. These cutting-edge technologies have significantly enhanced the capabilities of traditional power grids, enabling more efficient, reliable, and sustainable energy distribution. One of the most prominent examples of highly advanced smart grid technology is the implementation of Advanced Metering Infrastructure (AMI). AMI is mostly attributed to residential customers, and it consists of meters that measure and document electricity consumption at intervals of at least one hour. These meters supply the collected data to both the utility company and the customer on a daily basis. The range of AMI installations varies, starting from basic meters that record energy usage at hourly intervals, up to advanced meters with built-in two-way communication capabilities. These sophisticated meters have the ability to capture and transmit real-time data instantly. Moreover, the United States is regarded as the 2nd largest electricity producer in the world. As per the U.S. Energy Information Administration, in 2021, electric utilities in the United States had approximately 111 million installations of advanced metering infrastructure (AMI), representing around 69% of all electric meter installations. The majority of these AMI installations, around 88%, were attributed to residential customers. Additionally, AMI meters accounted for approximately 69% of all residential electric meters. Hence it can be stated that the advent of highly advanced smart grid technologies like AMI is amplifying the Smart Grid market growth rate extensively across the globe.

Continuous Development of Smart City Projects  

As smart city projects expand, the demand for advanced energy management systems, including smart grids, grows significantly. The integration of multiple systems and the need for real-time data monitoring and analysis drive the adoption of smart grid solutions. Moreover, the essence of a smart city lies in harnessing real-time data to elevate the standards of living and foster a sustainable future. One of the most appropriate examples of smart city projects is Songdo International City in South Korea. Once a coastal area reclaimed from the Yellow Sea, Songdo has rapidly transformed into a smart city, earning the reputation as the "Smartest City in the World." The concept of a smart city revolves around utilizing real-time data to enhance the quality of life and sustainability. At the heart of the city's Central Business District lies the G-Tower, serving as the central control hub. Equipped with an extensive network of CCTV cameras, the G-Tower monitors various aspects such as traffic flow, building temperatures, emergency response coordination, etc.

North America Dominates the Global Market for Smart Grid

North America has been dominating the global smart grid market. The region has been at the forefront of smart grid deployments, with significant investments and initiatives in countries like the United States and Canada. Factors contributing to North America's dominance include favorable government policies, strong utility infrastructure, technological advancements, and a focus on grid modernization and renewable energy integration. As of 2021, residential customers accounted for 88% of the total AMI installations in United States.

Additionally, the region's robust industrial and commercial sectors have driven the adoption of smart grid technologies to improve energy efficiency and reliability. Moreover, the government of the United States has introduced a lot of statements and policies for the betterment of the smart grid market in this region. Under SEC. 1301. Statement of Policy on the Modernization of Electricity Grid, the United States is committed to supporting the modernization of its electricity transmission and distribution system to ensure a reliable and secure infrastructure that can meet future demands. This modernization effort aligns with the concept of a Smart Grid, characterized by several key elements.

Government Initiatives

The government of several nations has played a crucial role in fostering the growth of the smart grid market. By recognizing the significance of modernizing the electricity infrastructure and promoting sustainable energy practices, governments have implemented various policies and initiatives to support the development and adoption of smart grid technologies. For instance, the National Smart Grid Mission was issued by the Indian government. The objective of the Indian power sector's transformation is to create a secure, sustainable, and digitally enabled ecosystem. This includes implementing smart grid technology to facilitate distributed generation, especially rooftop solar, through bidirectional energy flow and net metering. The smart grid enables real-time monitoring, grid automation, and active consumer participation, fostering reliable energy access, sustainable growth of renewable resources, and energy conservation. Moreover, it aligns with the mission of providing reliable and quality energy for all stakeholders while promoting a greener energy ecosystem.

Impact of COVID-19

The COVID-19 pandemic had a positive as well as a negative impact on the worldwide smart grid market. On one hand, it has accelerated the digitization of energy systems, emphasizing the importance of remote operations and reliable electricity supply, leading to increased interest and investment in smart grid technologies. On the other hand, the pandemic has also caused delays in project deployments due to disrupted supply chains and construction activities. The crisis has highlighted the significance of resilient energy systems, with smart grids recognized as essential for ensuring grid stability and quick response to disruptions. Moreover, financial constraints resulting from the economic downturn have affected the ability of utilities and governments to invest in smart grid projects, leading to some market slowdowns. Changes in electricity consumption patterns during the pandemic posed challenges for demand response programs but also emphasized the importance of demand flexibility. Moreover, increased awareness of energy efficiency and the adoption of smart meters and energy management systems has driven interest in energy-saving measures and smart grid solutions. Overall, while the pandemic has presented obstacles, the need for resilient and efficient energy systems remains paramount, and as economies recover, the demand for smart grid technologies is expected to rebound, driven by the focus on grid resilience, energy efficiency, and remote monitoring capabilities.

Impact of the Russia-Ukraine War

The Russia-Ukraine war led to disruptions in energy supply, which in turn has highlighted the importance of energy diversification and resilient infrastructure, prompting countries and energy companies to consider investing more in smart grid technologies. Geopolitical uncertainty arising from the conflict-affected investment decisions and business confidence, potentially impacting the overall investment climate for smart grid projects. Moreover, energy security concerns have been amplified, particularly in Europe, emphasizing the need for advanced energy management systems like smart grids to enhance security by diversifying energy sources and improving integration capabilities. Furthermore, policy and regulatory changes resulting from the conflict also influenced the smart grid market as governments prioritized grid resilience and diversification.

Global Smart Grid Market: Report Scope

"Global Smart Grid Market Evaluation, Prospects, and Projection, 2016-2030F" is a comprehensive report published by Markets & Data, that presents a thorough analysis of the present status of the worldwide Smart Grid market. The report assesses the industry from both qualitative and quantitative perspectives, examining its dynamics, challenges, market size, segmental shares, growth trends, and the impact of the COVID-19 pandemic. It also identifies potential opportunities and provides forecasts for the period spanning from 2023 to 2030. Furthermore, the report features profiles of key players in the industry, highlighting their market share, business models, competitive intelligence, and other valuable details.

 

Report Attribute

Details

Base Year of the Analysis

2022

Historical Period

2016-2021

Forecast Period

2023-2030

Projected Growth Rate

CAGR of 19.61% between 2023 and 2030

Revenue Forecast in 2030

USD 218.58 billion

Units

Revenue in USD billion

Segments Covered

Network Area, Components, and Applications

Regions Covered

North America, Europe, South America, Asia-Pacific, Middle East, and Africa

Key Companies Profile

Schneider Electric SE, General Electric Company (GE Grid Solutions), Cisco Systems, Inc., IBM Corporation, Siemens AG, Wipro Limited, Honeywell International Inc., Oracle Corporation, ABB Group, Itron, Inc., etc.

Customization Scope

15% free report customization with purchase

Pricing and Purchase Options

Avail the customized purchase options to fulfil your precise research needs

Delivery Format

PDF and Excel through email (subject to the license purchased)

 

In this report, Global Smart Grid Market has been segmented into the following categories: 

1.       By Network Area

1.1.    Home Area Network (HAN)

1.2.    Neighbourhood Area Network (NAN)

1.3.    Wide Area Network (WAN)

1.4.    Long Range Wide Area Network (LoRaWAN)

2.       By Components

2.1.      Hardware

2.1.1. Smart sensors (Temperature sensors)

2.1.2. Smart Power Meters

2.1.3. Smart Substations

2.1.4. Super Conducting Cables

2.1.5. Integrated communications

2.1.6. Phasor Measurement Units (PMU)

2.2.      Software

2.2.1. Smart Energy Management System

2.2.2. Demand response Programs (DR)

2.2.3. Distribution Management Systems (DMS)

2.2.4. Outage Management Systems (OMS)

3.       By Application

3.1.    Distribution Automation

3.2.    Conservation Voltage Reduction (CVR)

3.3.    Substation Automation

3.4.    Advanced Metering Infrastructure (AMI)

3.5.    Others

4.       By Region 

4.1.    North America

4.2.    Europe

4.3.    South America

4.4.    Asia-Pacific

4.5.    Middle East and Africa

Key Players Landscape and Outlook

The global smart grid market is experiencing a rapid growth rate as companies from all across the globe are focusing on the advancement of smart grid technologies through various collaboration projects. Moreover, the advent of Artificial Intelligence (AI) and IoT (Internet of Things) along with the investment of the companies in creating more resources for research and development, marketing efforts, and the expansion of distribution networks is aiding the market expansion rate extensively.

·      On March 1st, 2023, Schneider Electric and Cisco, two of the most renowned global technology companies joined forces to construct Egypt's most advanced smart grid system. Leveraging their expertise in information technology and digital innovation, this collaboration aims to establish a highly efficient and cyber-protected network. This advanced infrastructure will incorporate cutting-edge technologies such as AI and the IoT to effectively manage and facilitate the integration of both conventional and renewable energy sources.

·       On October 13th, 2022, IBM announced its role as the systems integrator for NV Energy's Advanced Service Delivery initiative, which encompasses smart grid technology, advanced meter infrastructure, and meter data management. NV Energy, a utility company that provides electricity and gas services to around 1.4 million customers in Nevada, is leading a significant initiative to deploy advanced smart grid technologies. This endeavour received support from the Department of Energy's USD 138 million stimulus grant. Moreover, IBM partnered with NV Energy to provide expertise in various areas, including grid systems integration, grid system architecture, business process, and business analytics, thereby amplifying the growth of smart grid market worldwide.

Market Xcel’s reports answer the following questions:

·         What is the current and future market size of the product/service in question globally or specific to different countries?

·         How are the markets divided into different product/service segments and the market size and growth of each segment?

·         What is the market potential of different product segments and their investment case?

·         How are the markets predicted to develop in the future and what factors will drive or inhibit growth?

·         What is the business environment and regulatory landscape specific to the product/service?

 

Key Players Operating in Global Smart Grid Market

·         Schneider Electric SE

·         General Electric Company (GE Grid Solutions)

·         Cisco Systems, Inc.

·         IBM Corporation

·         Siemens AG

·         Wipro Limited

·         Honeywell International, Inc.

·         Oracle Corporation

·         ABB Group

·         Itron, Inc.

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Table of Contents

1.       Research Methodology

2.       Project Scope & Definitions

3.       Impact of Covid-19 on Global Smart Grid Market

4.       Impact of Russia Ukraine War

5.       Executive Summary

6.       Voice of Customer

6.1.    Product and Market Intelligence

6.2.    Sources of Information

6.3.    Factors Considered in Purchase Decisions

6.3.1.Overall Expenses

6.3.2.Facility Requirement

6.3.3.Operational Manpower Expertise

6.3.4.Number of Installation Units

6.3.5.Experience in the Industry

6.3.6.Efficiency

6.3.7.After-Sales Support

6.4.    Purpose of Installation

6.5.    Demand and Supply Mechanism

6.6.    Consideration and Understanding of Safety Regulations

6.7.    Application of Legal Compliances

6.8.    Existing User or Intended Purchaser

7.       Global Smart Grid Market Outlook, 2016-2030F

7.1.    Market Size & Forecast

7.1.1. By Value

7.1.2. By Volume 

7.2.    By Network Area

7.2.1. Home Area Network (HAN)

7.2.2. Neighbourhood Area Network (NAN)

7.2.3. Wide Area Network (WAN)

7.2.4. Long Range Wide Area Network (LoRaWAN)

7.3.    By Components

7.3.1. Hardware

7.3.1.1.              Smart sensors (Temperature sensors)

7.3.1.2.              Smart Power Meters

7.3.1.3.              Smart Substations

7.3.1.4.              Super Conducting Cables

7.3.1.5.              Integrated communications

7.3.1.6.              Phasor Measurement Units (PMU)

7.3.2. Software

7.3.2.1.              Smart Energy Management System

7.3.2.2.              Demand response Programs (DR)

7.3.2.3.              Distribution Management Systems (DMS)

7.3.2.4.              Outage Management Systems (OMS)

7.4.    By Application

7.4.1. Distribution Automation

7.4.2. Conservation Voltage Reduction (CVR)

7.4.3. Substation Automation

7.4.4. Advanced Metering Infrastructure (AMI)

7.4.5.Others

7.5.    By Region

7.5.1. North America

7.5.2. Europe

7.5.3. South America

7.5.4. Asia-Pacific

7.5.5. Middle East and Africa

7.6.    By Company Market Share (%), 2022

8.       Global Smart Grid Market Outlook, By Region, 2016-2030F

8.1.    North America*

8.1.1. By Network Area

8.1.1.1.  Home Area Network (HAN)

8.1.1.2.  Neighbourhood Area Network (NAN)

8.1.1.3.  Wide Area Network (WAN)

8.1.1.4.  Long Range Wide Area Network (LoRaWAN)

8.1.2. By Components

8.1.2.1.   Hardware

8.1.2.1.1.    Smart sensors (Temperature sensors)

8.1.2.1.2.    Smart Power Meters

8.1.2.1.3.    Smart Substations

8.1.2.1.4.    Super Conducting Cables

8.1.2.1.5.    Integrated communications

8.1.2.1.6.    Phasor Measurement Units (PMU)

8.1.2.2.   Software

8.1.2.2.1.    Smart Energy Management System

8.1.2.2.2.    Demand response Programs (DR)

8.1.2.2.3.    Distribution Management Systems (DMS)

8.1.2.2.4.    Outage Management Systems (OMS)

8.1.3. By Application

8.1.3.1.  Distribution Automation

8.1.3.2.  Conservation Voltage Reduction (CVR)

8.1.3.3.  Substation Automation

8.1.3.4.  Advanced Metering Infrastructure (AMI)

8.1.3.5. Others

8.1.4. United States*

8.1.4.1.     By Network Area

8.1.4.1.1.    Home Area Network (HAN)

8.1.4.1.2.    Neighbourhood Area Network (NAN)

8.1.4.1.3.    Wide Area Network (WAN)

8.1.4.1.4.    Long Range Wide Area Network (LoRaWAN)

8.1.4.2.     By Components

8.1.4.2.1.     Hardware

8.1.4.2.1.1.   Smart sensors (Temperature sensors)

8.1.4.2.1.2.   Smart Power Meters

8.1.4.2.1.3.   Smart Substations

8.1.4.2.1.4.   Super Conducting Cables

8.1.4.2.1.5.   Integrated communications

8.1.4.2.1.6.   Phasor Measurement Units (PMU)

8.1.4.2.2.     Software

8.1.4.2.2.1.   Smart Energy Management System

8.1.4.2.2.2.   Demand response Programs (DR)

8.1.4.2.2.3.   Distribution Management Systems (DMS)

8.1.4.2.2.4.   Outage Management Systems (OMS)

8.1.4.3.   By Application

8.1.4.3.1.        Distribution Automation

8.1.4.3.2.        Conservation Voltage Reduction (CVR)

8.1.4.3.3.        Substation Automation

8.1.4.3.4.        Advanced Metering Infrastructure (AMI)

8.1.4.3.5.       Others

8.1.5.Canada

8.1.6.Mexico

*All segments will be provided for all regions and countries covered

8.2.   Europe

8.2.1. Germany

8.2.2. France

8.2.3. Italy

8.2.4. United Kingdom

8.2.5. Russia

8.2.6. Netherlands

8.2.7. Spain

8.2.8. Turkey

8.2.9. Poland

8.3.   South America

8.3.1.Brazil

8.3.2.Argentina

8.4.   Asia Pacific

8.4.1.India

8.4.2.China

8.4.3.Japan

8.4.4.Australia

8.4.5.Vietnam

8.4.6.South Korea

8.4.7.Indonesia

8.4.8.Philippines

8.5.   Middle East & Africa

8.5.1.Saudi Arabia

8.5.2.UAE

8.5.3.South Africa

9.       Market Mapping, 2022

9.1.      By Network Area

9.2.      By Components

9.3.      By Application

9.4.      By Region

10.   Macro Environment and Industry Structure

10.1.  Supply Demand Analysis

10.2.  Import Export Analysis

10.3.  Value Chain Analysis

10.4.  PESTEL Analysis

10.4.1.    Political Factors

10.4.2.    Economic System

10.4.3.    Social Implications

10.4.4.    Technological Advancements

10.4.5.    Environmental Impacts

10.4.6.    Legal Compliances and Regulatory Policies (Statutory Bodies Included)

10.5.  Porter’s Five Forces Analysis

10.5.1.    Supplier Power

10.5.2.    Buyer Power

10.5.3.    Substitution Threat

10.5.4.    Threat from New Entrant

10.5.5.    Competitive Rivalry

11.   Market Dynamics

11.1.  Growth Drivers

11.2.  Growth Inhibitors (Challenges and Restraints)

12.   Key Players Landscape

12.1.  Competition Matrix of Top Five Market Leaders

12.2.  Market Revenue Analysis of Top Five Market Leaders (in %, 2022)

12.3.  Mergers and Acquisitions/Joint Ventures (If Applicable)

12.4.  SWOT Analysis (For Five Market Players)

12.5.  Patent Analysis (If Applicable)

13.   Pricing Analysis

14.   Case Studies

15.   Key Players Outlook

15.1.            Schneider Electric SE

15.1.1.      Company Details

15.1.2.      Key Management Personnel

15.1.3.      Products & Services

15.1.4.      Financials (As reported)

15.1.5.      Key Market Focus & Geographical Presence

15.1.6.      Recent Developments

15.2.            General Electric Company (GE Grid Solutions)

15.3.            Cisco Systems, Inc.

15.4.            IBM Corporation

15.5.            Siemens AG

15.6.            Wipro Limited

15.7.            Honeywell International, Inc.

15.8.            Oracle Corporation

15.9.            ABB Group

15.10.        Itron, Inc

*Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

16.  Strategic Recommendations

17.  About Us & Disclaimer

List of Figure - Global Smart Grid Market

Figure 1. Global Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 2. Global Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 3. Global Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 4. Global Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 5. Global Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 6. Global Smart Grid Market Share, By Region, in USD Billion, 2016-2030F

Figure 7. North America Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 8. North America Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 9. North America Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 10. North America Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 11. North America Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 12. North America Smart Grid Market Share, By Country, in USD Billion, 2016-2030F

Figure 13. United States Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 14. United States Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 15. United States Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 16. United States Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 17. United States Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 18. Canada Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 19. Canada Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 20. Canada Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 21. Canada Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 22. Canada Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 23. Mexico Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 24. Mexico Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 25. Mexico Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 26. Mexico Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 27. Mexico Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 28. Europe Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 29. Europe Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 30. Europe Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 31. Europe Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 32. Europe Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 33. Europe Smart Grid Market Share, By Country, in USD Billion, 2016-2030F

Figure 34. Germany Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 35. Germany Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 36. Germany Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 37. Germany Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 38. Germany Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 39. France Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 40. France Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 41. France Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 42. France Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 43. France Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 44. Italy Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 45. Italy Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 46. Italy Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 47. Italy Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 48. Italy Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 49. United Kingdom Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 50. United Kingdom Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 51. United Kingdom Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 52. United Kingdom Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 53. United Kingdom Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 54. Russia Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 55. Russia Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 56. Russia Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 57. Russia Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 58. Russia Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 59. Netherlands Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 60. Netherlands Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 61. Netherlands Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 62. Netherlands Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 63. Netherlands Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 64. Market, By Value, in USD Billion, 2016-2030F

Figure 65. Spain Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 66. Spain Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 67. Spain Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 68. Spain Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 69. Turkey Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 70. Turkey Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 71. Turkey Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 72. Turkey Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 73. Turkey Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 74. Poland Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 75. Poland Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 76. Poland Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 77. Poland Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 78. Poland Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 79. South America Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 80. South America Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 81. South America Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 82. South America Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 83. South America Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 84. South America Smart Grid Market Share, By Country, in USD Billion, 2016-2030F

Figure 85. Brazil Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 86. Brazil Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 87. Brazil Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 88. Brazil Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 89. Brazil Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 90. Argentina Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 91. Argentina Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 92. Argentina Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 93. Argentina Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 94. Argentina Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 95. Asia-Pacific Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 96. Asia-Pacific Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 97. Asia-Pacific Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 98. Asia-Pacific Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 99. Asia-Pacific Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 100. Asia-Pacific Smart Grid Market Share, By Country, in USD Billion, 2016-2030F

Figure 101. India Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 102. India Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 103. India Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 104. India Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 105. India Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 106. China Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 107. China Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 108. China Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 109. China Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 110. China Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 111. Japan Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 112. Japan Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 113. Japan Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 114. Japan Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 115. Japan Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 116. Australia Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 117. Australia Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 118. Australia Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 119. Australia Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 120. Australia Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 121. Vietnam Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 122. Vietnam Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 123. Vietnam Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 124. Vietnam Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 125. Vietnam Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 126. South Korea Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 127. South Korea Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 128. South Korea Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 129. South Korea Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 130. South Korea Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 131. Indonesia Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 132. Indonesia Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 133. Indonesia Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 134. Indonesia Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 135. Indonesia Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 136. Philippines Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 137. Philippines Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 138. Philippines Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 139. Philippines Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 140. Philippines Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 141. Middle East & Africa Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 142. Middle East & Africa Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 143. Middle East & Africa Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 144. Middle East & Africa Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 145. Middle East & Africa Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 146. Middle East & Africa Smart Grid Market Share, By Country, in USD Billion, 2016-2030F

Figure 147. Saudi Arabia Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 148. Saudi Arabia Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 149. Saudi Arabia Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 150. Saudi Arabia Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 151. Saudi Arabia Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 152. UAE Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 153. UAE Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 154. UAE Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 155. UAE Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 156. UAE Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 157. South Africa Smart Grid Market, By Value, in USD Billion, 2016-2030F

Figure 158. South Africa Smart Grid Market, By Volume, in Gigawatts, 2016-2030F

Figure 159. South Africa Smart Grid Market Share, By Network Area, in USD Billion, 2016-2030F

Figure 160. South Africa Smart Grid Market Share, By Components, in USD Billion, 2016-2030F

Figure 161. South Africa Smart Grid Market Share, By Application, in USD Billion, 2016-2030F

Figure 162. By Network Area Map-Market Size (USD Billion) & Growth Rate (%), 2022

Figure 163. By Components Map-Market Size (USD Billion) & Growth Rate (%), 2022

Figure 164. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2022

Figure 165. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2022

Figure 166. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2022

 

List of Table - Global Smart Grid Market

Table 1. Pricing Analysis of Products from Key Players

Table 2. Competition Matrix of Top 5 Market Leaders

Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)

Table 4. About Us - Region and Countries Where We Have Executed Client Projects

What is the market size and growth rate of the Global Smart Grid Market?

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