Global Smart Grid Market 2024–2033

Table of Contents

• Chapter 1. Preface
  • 1.1 Report Description and Scope
  • 1.2 Research scope
  • 1.3 Research methodology
    • 1.3.1 Market Research Type
    • 1.3.2 Market Research Methodology
• Chapter 2. Executive Summary
  • 2.1 Global Smart Grid Market, (2024 – 2033) (USD Billion)
  • 2.2 Global Smart Grid Market: snapshot
• Chapter 3. Global Smart Grid Market – Industry Analysis
  • 3.1 Smart Grid Market: Market Dynamics
  • 3.2 Market Drivers
    • 3.2.1 Technological Advancements
    • 3.2.2 Sustainability Goals
    • 3.2.3 Energy Demand
    • 3.2.4 Grid Resilience
    • 3.2.5 Regulatory Support
    • 3.2.6 Consumer Engagement
    • 3.2.7 Cybersecurity.
  • 3.3 Market Restraints
  • 3.4 Market Opportunities
  • 3.5 Market Challenges
  • 3.6 Porter’s Five Forces Analysis
  • 3.7 Market Attractiveness Analysis
    • 3.7.1 Market Attractiveness Analysis By Technology Advancements
    • 3.7.2 Market Attractiveness Analysis By Industry Applications
• Chapter 4. Global Smart Grid Market- Competitive Landscape
  • 4.1 Company market share analysis
    • 4.1.1 Global Smart Grid Market: Company Market Share, 2022
  • 4.2 Strategic development
    • 4.2.1 Acquisitions & mergers
    • 4.2.2 New Product launches
    • 4.2.3 Agreements, partnerships, collaboration, and joint ventures
    • 4.2.4 Research and development and Regional expansion
  • 4.3 Price trend analysis
• Chapter 5. Global Smart Grid Market – Technology Advancements Analysis
  • 5.1 Global Smart Grid Market Overview: By Technology Advancements
    • 5.1.1 Global Smart Grid Market Share, By Technology Advancements, 2022 and – 2033
  • 5.2 Smart Metering
    • 5.2.1 Global Smart Grid Market by Smart Metering, 2024 – 2033 (USD Billion)
  • 5.3 Grid Automation
    • 5.3.1 Global Smart Grid Market by Grid Automation, 2024 – 2033 (USD Billion)
  • 5.4 Communication Systems
    • 5.4.1 Global Smart Grid Market by Communication Systems, 2024 – 2033 (USD Billion)
• Chapter 6. Global Smart Grid Market – Industry Applications Analysis
  • 6.1 Global Smart Grid Market overview: By Industry Applications
    • 6.1.1 Global Smart Grid Market Share, By Industry Applications, 2022 and – 2033
  • 6.2 Utilities
    • 6.2.1 Global Smart Grid Market by Utilities, 2024 – 2033 (USD Billion)
  • 6.3 Industrial
    • 6.3.1 Global Smart Grid Market by Industrial, 2024 – 2033 (USD Billion)
  • 6.4 Commercial
    • 6.4.1 Global Smart Grid Market by Commercial, 2024 – 2033 (USD Billion)
  • 6.5 Residential
    • 6.5.1 Global Smart Grid Market by Residential, 2024 – 2033 (USD Billion)
• Chapter 7. Smart Grid Market – Regional Analysis
  • 7.1 Global Smart Grid Market Regional Overview
  • 7.2 Global Smart Grid Market Share, by Region, 2022 & – 2033 (USD Billion)
  • 7.3. North America
    • 7.3.1 North America Smart Grid Market, 2024 – 2033 (USD Billion)
      • 7.3.1.1 North America Smart Grid Market, by Country, 2024 – 2033 (USD Billion)
  • 7.4 North America Smart Grid Market, by Technology Advancements, 2024 – 2033
    • 7.4.1 North America Smart Grid Market, by Technology Advancements, 2024 – 2033 (USD Billion)
  • 7.5 North America Smart Grid Market, by Industry Applications, 2024 – 2033
    • 7.5.1 North America Smart Grid Market, by Industry Applications, 2024 – 2033 (USD Billion)
  • 7.6. Europe
    • 7.6.1 Europe Smart Grid Market, 2024 – 2033 (USD Billion)
      • 7.6.1.1 Europe Smart Grid Market, by Country, 2024 – 2033 (USD Billion)
  • 7.7 Europe Smart Grid Market, by Technology Advancements, 2024 – 2033
    • 7.7.1 Europe Smart Grid Market, by Technology Advancements, 2024 – 2033 (USD Billion)
  • 7.8 Europe Smart Grid Market, by Industry Applications, 2024 – 2033
    • 7.8.1 Europe Smart Grid Market, by Industry Applications, 2024 – 2033 (USD Billion)
  • 7.9. Asia Pacific
    • 7.9.1 Asia Pacific Smart Grid Market, 2024 – 2033 (USD Billion)
      • 7.9.1.1 Asia Pacific Smart Grid Market, by Country, 2024 – 2033 (USD Billion)
  • 7.10 Asia Pacific Smart Grid Market, by Technology Advancements, 2024 – 2033
    • 7.10.1 Asia Pacific Smart Grid Market, by Technology Advancements, 2024 – 2033 (USD Billion)
  • 7.11 Asia Pacific Smart Grid Market, by Industry Applications, 2024 – 2033
    • 7.11.1 Asia Pacific Smart Grid Market, by Industry Applications, 2024 – 2033 (USD Billion)
  • 7.12. Latin America
    • 7.12.1 Latin America Smart Grid Market, 2024 – 2033 (USD Billion)
      • 7.12.1.1 Latin America Smart Grid Market, by Country, 2024 – 2033 (USD Billion)
  • 7.13 Latin America Smart Grid Market, by Technology Advancements, 2024 – 2033
    • 7.13.1 Latin America Smart Grid Market, by Technology Advancements, 2024 – 2033 (USD Billion)
  • 7.14 Latin America Smart Grid Market, by Industry Applications, 2024 – 2033
    • 7.14.1 Latin America Smart Grid Market, by Industry Applications, 2024 – 2033 (USD Billion)
  • 7.15. The Middle-East and Africa
    • 7.15.1 The Middle-East and Africa Smart Grid Market, 2024 – 2033 (USD Billion)
      • 7.15.1.1 The Middle-East and Africa Smart Grid Market, by Country, 2024 – 2033 (USD Billion)
  • 7.16 The Middle-East and Africa Smart Grid Market, by Technology Advancements, 2024 – 2033
    • 7.16.1 The Middle-East and Africa Smart Grid Market, by Technology Advancements, 2024 – 2033 (USD Billion)
  • 7.17 The Middle-East and Africa Smart Grid Market, by Industry Applications, 2024 – 2033
    • 7.17.1 The Middle-East and Africa Smart Grid Market, by Industry Applications, 2024 – 2033 (USD Billion)
• Chapter 8. Company Profiles
  • 8.1 General Electric
    • 8.1.1 Overview
    • 8.1.2 Financials
    • 8.1.3 Product Portfolio
    • 8.1.4 Business Strategy
    • 8.1.5 Recent Developments
  • 8.2 Siemens AG
    • 8.2.1 Overview
    • 8.2.2 Financials
    • 8.2.3 Product Portfolio
    • 8.2.4 Business Strategy
    • 8.2.5 Recent Developments
  • 8.3 ABB Ltd
    • 8.3.1 Overview
    • 8.3.2 Financials
    • 8.3.3 Product Portfolio
    • 8.3.4 Business Strategy
    • 8.3.5 Recent Developments
  • 8.4 Schneider Electric
    • 8.4.1 Overview
    • 8.4.2 Financials
    • 8.4.3 Product Portfolio
    • 8.4.4 Business Strategy
    • 8.4.5 Recent Developments
  • 8.5 Cisco Systems
    • 8.5.1 Overview
    • 8.5.2 Financials
    • 8.5.3 Product Portfolio
    • 8.5.4 Business Strategy
    • 8.5.5 Recent Developments
  • 8.6 IBM Corporation
    • 8.6.1 Overview
    • 8.6.2 Financials
    • 8.6.3 Product Portfolio
    • 8.6.4 Business Strategy
    • 8.6.5 Recent Developments
  • 8.7 Honeywell International
    • 8.7.1 Overview
    • 8.7.2 Financials
    • 8.7.3 Product Portfolio
    • 8.7.4 Business Strategy
    • 8.7.5 Recent Developments
  • 8.8 Eaton Corporation
    • 8.8.1 Overview
    • 8.8.2 Financials
    • 8.8.3 Product Portfolio
    • 8.8.4 Business Strategy
    • 8.8.5 Recent Developments
  • 8.9 Itron Inc.
    • 8.9.1 Overview
    • 8.9.2 Financials
    • 8.9.3 Product Portfolio
    • 8.9.4 Business Strategy
    • 8.9.5 Recent Developments
  • 8.10 Landis+Gyr
    • 8.10.1 Overview
    • 8.10.2 Financials
    • 8.10.3 Product Portfolio
    • 8.10.4 Business Strategy
    • 8.10.5 Recent Developments
  • 8.11 Oracle Corporation
    • 8.11.1 Overview
    • 8.11.2 Financials
    • 8.11.3 Product Portfolio
    • 8.11.4 Business Strategy
    • 8.11.5 Recent Developments
  • 8.12 S&C Electric Company
    • 8.12.1 Overview
    • 8.12.2 Financials
    • 8.12.3 Product Portfolio
    • 8.12.4 Business Strategy
    • 8.12.5 Recent Developments
  • 8.13 Huawei Technologies
    • 8.13.1 Overview
    • 8.13.2 Financials
    • 8.13.3 Product Portfolio
    • 8.13.4 Business Strategy
    • 8.13.5 Recent Developments
  • 8.14 Toshiba Corporation
    • 8.14.1 Overview
    • 8.14.2 Financials
    • 8.14.3 Product Portfolio
    • 8.14.4 Business Strategy
    • 8.14.5 Recent Developments
  • 8.15 Mitsubishi Electric Corporation
    • 8.15.1 Overview
    • 8.15.2 Financials
    • 8.15.3 Product Portfolio
    • 8.15.4 Business Strategy
    • 8.15.5 Recent Developments
  • 8.16 Others.
    • 8.16.1 Overview
    • 8.16.2 Financials
    • 8.16.3 Product Portfolio
    • 8.16.4 Business Strategy
    • 8.16.5 Recent Developments

List Of Figures

Figures No 1 to 21

List Of Tables

Tables No 1 to 52

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Market Analysis Matrix