Home » HealthCare IT » Smart Grid Market Size, Share, Analysis Report
Smart grids are used in many applications for providing energy. In addition, grids are useful for transmission of electricity efficiently and restoring the electricity when there are power disturbances. Smart grid is based upon electricity network on digital technology which is used for supplying electricity to consumers by two-way digital communication. This system is used for monitoring, analysing, controlling communication within the supply chain for maximizing the transparency and reliability of the energy supply chain. The global Smart Grid Market development is mostly determined by growing demand for electricity and wants to expand productivity in energy conservation and consumption. Beside the increasing concerns over conservation damage from fossil-fired power stations has controlled to a craving to use large amounts of renewable energy. Dominant forms like wind power and solar power are highly variable, ensuing in increase in adoption or shift to more cultured smart grid systems from traditional power systems. The smart grid types use of technologies for instance state estimation, which expand culpability detection and allow self-healing of the network without the intervention of technicians. This will confirm more reliable supply of electricity and reduced vulnerability to natural disasters or attack.
The smart grid market is expected to be around US$ 239 billion by 2028, growing at a CAGR of 12.4% from 2023 to 2028.
The global Smart Grid market is segregated on the basis of Service as Deployment and Integration, Support and Maintenance, and Consulting. Based on Software the global Smart Grid market is segmented in Substation Automation, Smart Grid Security, Billing and Customer Information System, Advanced Metering Infrastructure, Smart Grid Distribution Management, Smart Grid Network Management, and Grid Asset Management. Based on Hardware the global Smart Grid market is segmented in Smart Meter
Based on Component, the global Smart Grid market is segmented in Hardware, Services, and Software.
The global Smart Grid market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Grid market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
IBM, Wipro, Oracle, Honeywell, S&C Electric Company, Eaton, Tantalus, EsyaSoft Technologies, Grid4C, C3 Energy, and others are among the major players in the global Smart Grid market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Smart Grid Market has been segmented as below:
Smart Grid Market, By Service
Smart Grid Market, By Software
Smart Grid Market, By Hardware
Smart Grid Market, By Component
Smart Grid Market, By Region
Smart Grid Market, By Company
The report covers:
Report Scope:
The global Smart Grid market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Grid market share. Major industry players with significant revenue share include IBM, Wipro, Oracle, Honeywell, S&C Electric Company, Eaton, Tantalus, EsyaSoft Technologies, Grid4C, C3 Energy, and others.
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Some of the recent developments in Smart Grid Market are as follows:
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Wipro
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1. Introduction
1.1. Key Take Aways
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.3. Restraints
5. Smart Grid Market, By Services
5.1. Key Points
5.2. Deployment and Integration
5.3. Support and Maintenance
5.4. Consulting
6. Smart Grid Market, By Hardware
6.1. Key Points
6.2. Smart Meter
7. Smart Grid Market, By Software
7.1. Key Points
7.2. Grid Asset Management
7.3. Substation Automation
7.4. Smart Grid Security
7.5. Billing and Customer Information System
7.6. Advanced Metering Infrastructure
7.7. Smart Grid Distribution Management
7.8. Smart Grid Network Management
8. Smart Grid Market, By Region
8.1. Key Points
8.2. North America
8.2.1. U.S
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Spain
8.3.2. Russia
8.3.3. Turkey
8.3.4. Belgium
8.3.5. Netherlands
8.3.6. Germany
8.3.7. France
8.3.8. Italy
8.3.9. Rest of Europe
8.4. Asia Pacific
8.4.1. China
8.4.2. Japan
8.4.3. India
8.4.4. Australia
8.4.5. Rest of Asia Pacific
8.5. Rest of World
8.6. Competitive Landscape
8.7. Introduction
8.8. Recent Developments
8.8.1. Mergers & Acquisitions
8.8.2. New Hardware Developments
8.8.3. Portfolio/Hardware ion Capacity Expansions
8.8.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.8.5. Others
9. Company Profile
9.1. Tech Mahindra
9.1.1. Company Overview
9.1.2. Hardware/Service Landscape
9.1.3. Financial Overview
9.1.4. Recent Developments
9.2. Globema
9.2.1. Company Overview
9.2.2. Hardware/Service Landscape
9.2.3. Financial Overview
9.2.4. Recent Developments
9.3. Trilliant Holdings
9.3.1. Company Overview
9.3.2. Hardware/Service Landscape
9.3.3. Financial Overview
9.3.4. Recent Developments
9.4. Kamstrup
9.4.1. Company Overview
9.4.2. Hardware/Service Landscape
9.4.3. Financial Overview
9.4.4. Recent Developments
9.5. Eaton
9.5.1. Company Overview
9.5.2. Hardware/Service Landscape
9.5.3. Financial Overview
9.5.4. Recent Developments
9.6. S&C Electric Company
9.6.1. Company Overview
9.6.2. Hardware/Service Landscape
9.6.3. Financial Overview
9.6.4. Recent Developments
9.7. Honeywell
9.7.1. Company Overview
9.7.2. Hardware/Service Landscape
9.7.3. Financial Overview
9.7.4. Recent Developments
9.8. Oracle
9.8.1. Company Overview
9.8.2. Hardware/Service Landscape
9.8.3. Financial Overview
9.8.4. Recent Developments
9.9. Wipro
9.9.1. Company Overview
9.9.2. Hardware/Service Landscape
9.9.3. Financial Overview
9.9.4. Recent Developments
9.10. IBM
9.10.1. Company Overview
9.10.2. Hardware/Service Landscape
9.10.3. Financial Overview
9.10.4. Recent Developments
9.11. OSI
9.11.1. Company Overview
9.11.2. Hardware/Service Landscape
9.11.3. Financial Overview
9.11.4. Recent Developments
9.12. Cisco
9.12.1. Company Overview
9.12.2. Hardware/Service Landscape
9.12.3. Financial Overview
9.12.4. Recent Developments
9.13. Aclara
9.13.1. Company Overview
9.13.2. Hardware/Service Landscape
9.13.3. Financial Overview
9.13.4. Recent Developments
9.14. Landis+Gyr
9.14.1. Company Overview
9.14.2. Hardware/Service Landscape
9.14.3. Financial Overview
9.14.4. Recent Developments
9.15. Itron
9.15.1. Company Overview
9.15.2. Hardware/Service Landscape
9.15.3. Financial Overview
9.15.4. Recent Developments
9.16. Schneider Electric
9.16.1. Company Overview
9.16.2. Hardware/Service Landscape
9.16.3. Financial Overview
9.16.4. Recent Developments
9.17. Siemens
9.17.1. Company Overview
9.17.2. Hardware/Service Landscape
9.17.3. Financial Overview
9.17.4. Recent Developments
9.18. ABB
9.18.1. Company Overview
9.18.2. Hardware/Service Landscape
9.18.3. Financial Overview
9.18.4. Recent Developments
9.19. GE
9.19.1. Company Overview
9.19.2. Hardware/Service Landscape
9.19.3. Financial Overview
9.19.4. Recent Developments
9.20. eSmart Systems
9.20.1. Company Overview
9.20.2. Hardware/Service Landscape
9.20.3. Financial Overview
9.20.4. Recent Developments
The Smart Grid Market has been segmented as below:
Smart Grid Market, By Service
Smart Grid Market, By Software
Smart Grid Market, By Hardware
Smart Grid Market, By Component
Smart Grid Market, By Region
Smart Grid Market, By Company
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