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市場調查報告書
商品編碼
1450945

2024-2032 年按組件(軟體、硬體、服務)、最終用戶(住宅、商業、工業)和地區分類的智慧電網市場報告

Smart Grid Market Report by Component (Software, Hardware, Services), End-User (Residential, Commercial, Industrial), and Region 2024-2032

出版日期: | 出版商: IMARC | 英文 134 Pages | 商品交期: 2-3個工作天內

價格

2023年全球智慧電網市場規模達630億美元。展望未來, IMARC Group預計到2032年市場規模將達到2,535億美元,2024-2032年複合年成長率(CAGR)為16.2%。不斷成長的能源效率需求、資訊通訊和技術(ICT)的進步、政府支持政策的實施、碳減排努力的不斷加大、消費者對可靠電力的需求不斷成長以及電網安全性的增強是加速市場成長的一些因素。

智慧電網市場分析:

市場成長與規模:在再生能源、都市化和老化電網基礎設施現代化投資增加的推動下,全球智慧電網市場正在經歷顯著成長。全球不斷成長的能源需求和向永續能源實踐的轉變進一步推動了這種成長。

主要市場促進因素:智慧電網市場受到關鍵促進因素的推動,例如電動車(EV)採用率的增加、極端天氣下對電網穩定性的需求不斷增加以及消費者對互動服務不斷變化的期望。此外,對減少竊電的日益關注、家庭能源管理系統的成長以及對智慧城市基礎設施的投資的迅速成長正在支持市場的成長。除此之外,智慧家庭的出現和電池儲存技術的發展顯示智慧電網產業呈現多方面的成長軌跡。

技術進步:技術進步是智慧電網市場發展的核心。人工智慧(AI)、機器學習(ML)和物聯網(IoT)的發展顯著增強了電網自動化和管理能力。此外,通訊技術的創新提高了智慧電網的連接性和回應能力,從而實現更有效率、更可靠的能源分配和管理。

產業應用:智慧電網廣泛應用於公用事業規模的配電,可實現更好的負載管理、故障檢測和響應不斷變化的能源需求。此外,它們對於發展智慧城市、提供高效能源管理的基礎設施和支援電動車充電網路至關重要。

主要市場趨勢:智慧電網市場的特點是新興趨勢,例如越來越關注消費者參與和互動技術、擴大採用基於雲端的電網管理解決方案以及電網營運中邊緣運算的興起。用於本地能源分配的微電網的發展、用於安全交易的區塊鏈的整合以及對預測性維護的日益重視進一步支持了這一點。此外,5G 技術的擴展增強了電網通訊、更多地使用無人機進行電網檢查以及對永續性的日益關注是其他主要市場趨勢。

地理趨勢:目前,北美在智慧電網市場處於領先地位,這主要是由於智慧電網技術的早期採用、政府的大力支持以及對電網現代化的大量投資。該地區對再生能源整合和能源效率的關注推動了其市場主導地位。然而,亞太地區正迅速崛起為關鍵市場,中國和印度等國家大力投資智慧電網技術,以滿足其不斷成長的能源需求和環境目標。

競爭格局:智慧電網市場競爭激烈,既有老牌企業,也有新興新創公司。競爭是由技術創新、策略夥伴關係和地理擴張所驅動的。領先的公司不斷發展,提供先進的解決方案,以滿足智慧電網市場不斷成長和變化的需求。

挑戰與機會:智慧電網市場面臨初始投資成本高、網路安全威脅以及對熟練勞動力和標準化的需求等挑戰。然而,這些挑戰也帶來了創新和發展的機會。機會在於開發具有成本效益的解決方案、加強網路安全措施、培訓技術人員和建立全球標準。此外,對永續性和再生能源的日益重視為智慧電網的擴展和發展提供了重大機會。

智慧電網市場趨勢:

對能源效率的需求不斷成長

供電系統對能源效率日益成長的需求是全球智慧電網市場的主要驅動力。傳統電網在輸配電過程中經常遭受嚴重的能源損失,這主要是由於基礎設施陳舊和缺乏即時監控能力所造成的。智慧電網透過智慧電錶和電網自動化等先進技術解決這些低效率問題,從而更好地控制和最佳化電流。這可以減少能源浪費、更有效地利用資源並降低營運成本。此外,智慧電網促進需量反應計劃,實現更有效的負載管理並進一步促進節能。

再生能源的整合

智慧電網有助於將風能和太陽能等再生能源整合到我們的電力系統中。與傳統能源相比,這些再生能源以其可變且難以預測的能源輸出而聞名。傳統電網往往難以有效應對這些波動。智慧電網憑藉其先進的技術,提供了更具活力和響應能力的基礎設施,從而能夠更好地管理和分配可再生能源產生的可變能源。這種增強的能力對於將更高比例的再生能源涵蓋我們的電網、支持向更永續的能源實踐過渡至關重要。然而,智慧電網配備了先進的技術,可以更好地管理和平衡這些波動。它們可以即時監控能源生產和分配,確保穩定可靠的電力供應。這種整合對於過渡到更永續的能源系統和減少對化石燃料的依賴至關重要。此外,智慧電網可以支援分散式發電,即能源生產地點更靠近使用地點,從而減少傳輸損耗並進一步促進再生能源的使用。

資訊與通訊科技 (ICT) 的進步

資訊通訊技術的進步是智慧電網發展和實施的根本驅動力。將現代資訊通訊技術涵蓋網格基礎設施可以即時收集、分析和管理大量資料。這些資料對於智慧電網的高效運作至關重要,可實現預測性維護、更好的負載管理以及對停電或其他問題的快速回應。人工智慧和機器學習(ML)等技術進一步增強了智慧電網的能力,可以進行更複雜的資料分析和決策。這些進步不僅提高了電源的效率和可靠性,也為能源管理的創新應用和服務鋪平了道路。

政府政策法規

政府政策和法規顯著影響智慧電網的開發和部署。世界各地許多政府已經認知到智慧電網在提高能源效率、減少碳排放和向再生能源過渡方面的潛力。因此,他們實施了促進甚至有時強制採用智慧電網技術的政策和法規。這些措施可以包括鼓勵該行業投資和創新的財政激勵措施、補貼和監管框架。例如,強制在家庭和企業安裝智慧電錶的政策有助於推動智慧電網的發展。政府措施在製定智慧電網互通性和安全性標準和協定方面也發揮著至關重要的作用,確保智慧電網基礎設施的協調和安全發展。

目錄

第1章:前言

第 2 章:範圍與方法

  • 研究目的
  • 利害關係人
  • 資料來源
    • 主要資源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章:執行摘要

第 4 章:簡介

  • 概述
  • 主要行業趨勢

第 5 章:全球智慧電網市場

  • 市場概況
  • 市場業績
  • COVID-19 的影響
  • 市場區隔:依成分
  • 市場區隔:按最終用戶
  • 市場區隔:按地區
  • 市場預測

第 6 章:市場區隔:按組成部分

  • 軟體
    • 市場走向
    • 市場區隔:按類型
      • 先進的計量基礎設施
        • 市場走向
        • 市場預測
      • 智慧電網配電管理
    • 2.1 市場趨勢
        • 市場預測
      • 智慧電網網路管理
        • 市場走向
        • 市場預測
      • 變電所自動化
        • 市場走向
        • 市場預測
      • 其他
        • 市場走向
        • 市場預測
    • 市場預測
  • 硬體
    • 市場走向
    • 市場區隔:按類型
      • 感應器
        • 市場走向
        • 市場預測
      • 可程式邏輯控制器
    • 2.1 市場趨勢
        • 市場預測
      • AMI 計
        • 市場走向
        • 市場預測
      • 網路硬體
        • 市場走向
        • 市場預測
      • 其他
        • 市場走向
        • 市場預測
    • 市場預測
  • 服務
    • 市場走向
    • 市場區隔:按類型
      • 諮詢
        • 市場走向
        • 市場預測
      • 支援與維護
    • 2.1 市場趨勢
        • 市場預測
      • 部署與整合
        • 市場走向
        • 市場預測
    • 市場預測

第 7 章:市場區隔:按最終用戶

  • 住宅
    • 市場走向
    • 市場預測
  • 商業的
    • 市場走向
    • 市場預測
  • 工業的
    • 市場走向
    • 市場預測

第 8 章:市場區隔:按地區

  • 亞太地區
    • 市場走向
    • 市場預測
  • 歐洲
    • 市場走向
    • 市場預測
  • 北美洲
    • 市場走向
    • 市場預測
  • 中東和非洲
    • 市場走向
    • 市場預測
  • 拉丁美洲
    • 市場走向
    • 市場預測

第 9 章:SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 10 章:價值鏈分析

第 11 章:波特的五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 12 章:競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • CISCO Systems
    • IBM Corporation
    • Siemens AG
    • Schneider Electric
    • Wipro
    • General Electric
    • Honeywell
    • Oracle Corporation
    • ABB
    • Itron
    • Fujitsu
    • Eaton
    • Tantalus
    • eSmart Systems
Product Code: SR112024A1595

The global smart grid market size reached US$ 63.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 253.5 Billion by 2032, exhibiting a growth rate (CAGR) of 16.2% during 2024-2032. The increasing energy efficiency demands, advancements in information communication and technology (ICT), the implementation of supportive government policies, escalating carbon emission reduction efforts, growing consumer demand for reliable power, and enhanced grid security are some of the factors accelerating the market growth.

Smart Grid Market Analysis:

Market Growth and Size: The global smart grid market is experiencing significant growth, driven by increased investments in renewable energy, urbanization, and modernization of aging grid infrastructures. This growth is further fueled by the rising energy demands across the globe and the shift towards sustainable energy practices.

Major Market Drivers: The smart grid market is propelled by key drivers, such as increasing electric vehicle (EV) adoption, escalating demand for grid stability in extreme weather, and evolving consumer expectations for interactive services. Additionally, increased focus on reducing power theft, growth in home energy management systems, and burgeoning investments in smart city infrastructure are supporting the market growth. Besides this, the emergence of smart homes and the development of battery storage technologies indicate a multifaceted growth trajectory for the smart grid sector.

Technological Advancements: Technological advancements are at the core of the smart grid market's evolution. Developments in artificial intelligence (AI), machine learning (ML), and the Internet of Things (IoT) have significantly enhanced grid automation and management capabilities. Furthermore, innovations in communication technologies have improved the connectivity and responsiveness of smart grids, enabling more efficient and reliable energy distribution and management.

Industry Applications: Smart Grids are widely applied in utility-scale electricity distribution, enabling better load management, fault detection, and response to changing energy demands. Moreover, they are essential in developing smart cities, providing the infrastructure for efficient energy management and supporting EV charging networks.

Key Market Trends: The smart grid market is characterized by emerging trends, such as an increased focus on consumer engagement and interactive technologies, growing adoption of cloud-based solutions for grid management, and the rise of edge computing in grid operations. This is further supported by the development of microgrids for localized energy distribution, integration of blockchain for secure transactions, and growing emphasis on predictive maintenance. Furthermore, the expansion of 5G technology enhancing grid communication, increased use of drones for grid inspection, and growing focus on sustainability are other key market trends.

Geographical Trends: Currently, North America leads the smart grid market, primarily due to the early adoption of smart grid technologies, strong government support, and significant investments in grid modernization. The region's focus on renewable energy integration and energy efficiency drives its market dominance. However, Asia-Pacific is rapidly emerging as a key market, with countries like China and India investing heavily in smart grid technologies to meet their growing energy demands and environmental goals.

Competitive Landscape: The smart grid market is highly competitive, with a mix of established players and emerging startups. Competition is driven by technological innovation, strategic partnerships, and geographic expansion. The leading companies are constantly evolving, offering advanced solutions to meet the growing and changing demands of the smart grid market.

Challenges and Opportunities: The smart grid market faces challenges like high initial investment costs, cybersecurity threats, and the need for skilled workforce and standardization. However, these challenges present opportunities for innovation and development. Opportunities lie in developing cost-effective solutions, enhancing cybersecurity measures, training skilled personnel, and establishing global standards. Furthermore, the growing emphasis on sustainability and renewable energy presents significant opportunities for smart grid expansion and development.

Smart Grid Market Trends:

Growing demand for energy efficiency

The increasing need for energy efficiency in electricity supply systems is a primary driver of the global smart grid market. Traditional power grids often suffer from significant energy losses during transmission and distribution, primarily due to outdated infrastructure and a lack of real-time monitoring capabilities. Smart grids address these inefficiencies through advanced technologies like smart meters and grid automation, which enable better control and optimization of electricity flow. This results in reduced energy wastage, more efficient use of resources, and lower operational costs. Additionally, smart grids facilitate demand response programs, allowing for more effective load management and further contributing to energy savings.

Integration of renewable energy sources

Smart grids are instrumental in integrating renewable energy sources like wind and solar power into our electricity systems. These renewable sources are known for their variable and less predictable energy output compared to traditional energy sources. Traditional power grids often struggle to handle these fluctuations effectively. Smart grids, with their advanced technology, provide a more dynamic and responsive infrastructure, enabling better management and distribution of the variable energy produced by renewable sources. This enhanced capability is essential for incorporating a higher proportion of renewable energy into our electricity networks, supporting a transition to more sustainable energy practices. Smart grids, however, are equipped with advanced technology that can better manage and balance these fluctuations. They allow for real-time monitoring and control of energy production and distribution, ensuring a stable and reliable power supply. This integration is essential for transitioning to more sustainable energy systems and reducing reliance on fossil fuels. Furthermore, smart grids can support distributed generation, where energy is produced closer to where it is used, reducing transmission losses and further promoting the use of renewables.

Advancements in information and communication technology (ICT)

ICT advancements are a fundamental driver in the evolution and implementation of smart grids. The incorporation of modern ICT into grid infrastructure allows for the real-time collection, analysis, and management of vast amounts of data. This data is crucial for the efficient operation of smart grids, enabling predictive maintenance, better load management, and quick response to power outages or other issues. Technologies such as AI and machine learning (ML) further enhance the capabilities of smart grids, allowing for more sophisticated data analysis and decision-making. These advancements not only improve the efficiency and reliability of the power supply but also pave the way for innovative applications and services in energy management.

Government policies and regulations

Government policies and regulations significantly influence the development and deployment of smart grids. Many governments around the world have recognized the potential of smart grids in achieving energy efficiency, reducing carbon emissions, and transitioning to renewable energy sources. As a result, they have implemented policies and regulations that promote and sometimes mandate the adoption of smart grid technologies. These can include financial incentives, subsidies, and regulatory frameworks that encourage investment and innovation in this sector. For instance, policies mandating the installation of smart meters in homes and businesses have been instrumental in driving the growth of smart grids. Government initiatives also play a vital role in setting standards and protocols for smart grid interoperability and security, ensuring a cohesive and secure development of the smart grid infrastructure.

Smart Grid Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and regional levels for 2024-2032. Our report has categorized the market based on component and end-user.

Breakup by Component:

Software

Advanced Metering Infrastructure

Smart Grid Distribution Management

Smart Grid Network Management

Substation Automation

Others

Hardware

Sensor

Programmable Logic Controller

AMI Metre

Networking Hardware

Others

Services

Consulting

Support and Maintenance

Deployment and Integration

Software accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the component. This includes software (advanced metering infrastructure, smart grid distribution management, smart grid network management, substation automation, others), hardware (sensor, programmable logic controller, AMI metre, networking hardware, others), and services (consulting, support and maintenance, deployment and integration). According to the report, software represented the largest segment.

The software segment of the smart grid market is driven by the increasing need for efficient grid management and data analytics. As grids become more complex with the integration of various energy sources, the demand for sophisticated software solutions for grid management, data analysis, and predictive maintenance is growing. These solutions enable utilities to optimize energy distribution, integrate renewable resources effectively, and enhance customer engagement through real-time data insights. Additionally, the adoption of cloud computing, AI, and IoT in smart grid applications further propels the software segment, offering advanced capabilities for real-time monitoring, control, and decision-making processes in grid operations.

The hardware segment is driven by the increasing requirement for robust and advanced infrastructure in smart grids. This includes the need for smart meters, sensors, and control devices that facilitate real-time monitoring and energy management. The integration of renewable energy sources into the grid necessitates the development of sophisticated hardware capable of handling variable energy inputs and ensuring grid stability. Moreover, advancements in communication technologies are crucial for the hardware segment, as they enable the seamless transmission of data between various grid components.

The services segment is driven by the increasing demand for professional and managed services in the implementation and maintenance of smart grids. This includes consultation, installation, support, and maintenance services that are crucial for the successful deployment and operation of smart grids. The complexity of smart grid systems requires specialized expertise, driving demand for skilled professionals capable of managing these sophisticated networks. Furthermore, as cybersecurity becomes a major concern, the demand for security services is also rising, ensuring the protection of sensitive data and infrastructure.

Breakup by End User:

Residential

Commercial

Industrial

Commercial accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the end user. This includes residential, commercial, and industrial. According to the report, commercial represented the largest segment.

The commercial segment is driven by the increasing need for reliable and efficient energy management in businesses and public facilities. Commercial buildings, including offices, shopping centers, and hospitals, are adopting smart grid technologies to reduce operational costs, ensure consistent power supply, and enhance their sustainability practices. The commercial sector is also influenced by regulatory pressures to reduce carbon footprints and by incentives for using renewable energy sources. Furthermore, the adoption of advanced metering infrastructure and energy management systems in commercial buildings for better load management and predictive maintenance is fueling the market growth in this segment.

The residential segment is driven by the increasing demand for energy-efficient and cost-saving solutions, such as smart meters and home energy management systems. Homeowners are becoming more aware of the benefits of energy conservation and are adopting smart grid technologies to optimize electricity usage, reduce bills, and contribute to environmental sustainability. Additionally, the growing trend of smart homes, equipped with IoT devices that require efficient energy management, is propelling the residential smart grid market.

The industrial segment is driven by the increasing emphasis on industrial automation and the need for robust energy management systems. Large-scale industries, such as manufacturing and processing plants, require a steady and reliable energy supply to maintain continuous operations. Smart grid technologies in these settings help in optimizing energy use, reducing downtime, and improving overall operational efficiency. Additionally, the industrial segment is benefiting from the implementation of demand response programs and advanced grid analytics to manage high energy demands and reduce costs.

Breakup by Region:

Asia Pacific

Europe

North America

Middle East and Africa

Latin America

North America leads the market, accounting for the largest smart grid market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific, Europe, North America, Middle East and Africa, and Latin America. According to the report, North America accounted for the largest market share.

North America's smart grid market is driven by the need to modernize aging electricity infrastructure and the increasing adoption of renewable energy sources. The region has a strong regulatory framework supporting the development of smart grids, including incentives and policies encouraging the deployment of smart technologies. There is also a growing demand for improved grid reliability and efficiency, particularly in the face of extreme weather events. Moreover, the high penetration of advanced metering infrastructure and the push for energy independence further stimulate the market in the region.

The Asia Pacific's smart grid market is driven by the increasing demand for energy due to rapid urbanization and industrialization, especially in emerging economies like China and India. Governments in this region are actively promoting smart grid technologies to enhance energy efficiency and integrate renewable energy sources. Significant investments in upgrading aging infrastructure and the growing emphasis on reducing carbon emissions further fueling the market.

The European market is driven by the increasing focus on renewable energy integration and energy efficiency mandates. Europe's commitment to meet stringent climate goals has led to the adoption of smart grid technologies for better energy management and reduced carbon footprint. The region benefits from strong government support and favorable policies, along with high consumer awareness about energy conservation.

The Middle East and Africa region is driven by the increasing demand for reliable and efficient energy supply, especially in rapidly urbanizing areas. Governments in this region are investing in smart grid technologies to improve energy distribution and manage the growing demand.

Latin America's smart grid market is driven by the increasing need for energy efficiency and reliable electricity supply in the face of growing urbanization. Governments in the region are investing in smart grid infrastructure to improve the management of energy resources and reduce technical losses in electricity distribution. Additionally, the need to modernize aging power infrastructure and the potential for reducing electricity theft are significant drivers of the smart grid market in Latin America.

Leading Key Players in the Smart Grid Industry:

Key players in the smart grid market are actively engaging in a range of strategic initiatives to strengthen their market position and respond to the evolving demands of this dynamic sector. They are heavily investing in research and development (R&D) to innovate and improve smart grid technologies, such as advanced metering infrastructure, grid automation, and energy storage systems. These companies are also forming strategic partnerships and collaborations with technology firms, governments, and utility companies to expand their reach and expertise. Another significant focus is on integrating renewable energy sources with the existing grid infrastructure, aiming to enhance sustainability and efficiency. Additionally, they are developing more secure and resilient grid systems to address the growing concerns over cybersecurity threats. To cater to the diverse global market, these players are tailoring their solutions to meet regional needs and regulations, ensuring compliance and maximizing market penetration.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

CISCO Systems

IBM Corporation

Siemens AG

Schneider Electric

Wipro

General Electric

Honeywell

Oracle Corporation

ABB

Itron

Fujitsu

Eaton

Tantalus

eSmart Systems

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

In June 2022: Cisco unveiled new cloud management capabilities to provide a more unified IT experience. This included cloud management for Cisco Catalyst, giving customers the option to bring the simplicity of the Meraki Cloud to their existing Catalyst deployments.

In January 2022: Siemens AG is focusing on integrating renewable energy into the power grid, as highlighted in their "Grid Edge" initiative. This approach emphasizes the coupling of decentralized power grids with advanced technologies to facilitate energy transition and decarbonization.

In October 2022: Eaton announced the launch of its new advanced energy storage system, the EnergyAware UPS. This innovative system is designed to help customers reduce energy costs and improve power reliability by intelligently storing and deploying energy during peak demand periods. It integrates seamlessly with Eaton's existing power management solutions.

Key Questions Answered in This Report:

  • How has the global smart grid market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global smart grid market?
  • What is the impact of each driver, restraint, and opportunity on the global smart grid market?
  • What are the key regional markets?
  • Which countries represent the most attractive smart grid market?
  • What is the breakup of the market based on the component?
  • Which is the most attractive component in the smart grid market?
  • What is the breakup of the market based on end-user?
  • Which is the most attractive end-user in the smart grid market?
  • What is the competitive structure of the market?
  • Who are the key players/companies in the global smart grid market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Smart Grid Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Breakup by Component
  • 5.5 Market Breakup by End-User
  • 5.6 Market Breakup by Region
  • 5.7 Market Forecast

6 Market Breakup by Component

  • 6.1 Software
    • 6.1.1 Market Trends
    • 6.1.2 Market Breakup by Type
      • 6.1.2.1 Advanced Metering Infrastructure
        • 6.1.2.1.1 Market Trends
        • 6.1.2.1.2 Market Forecast
      • 6.1.2.2 Smart Grid Distribution Management
    • 6.1.2 2.1 Market Trends
        • 6.1.2.2.2 Market Forecast
      • 6.1.2.3 Smart Grid Network Management
        • 6.1.2.3.1 Market Trends
        • 6.1.2.3.2 Market Forecast
      • 6.1.2.4 Substation Automation
        • 6.1.2.4.1 Market Trends
        • 6.1.2.4.2 Market Forecast
      • 6.1.2.5 Others
        • 6.1.2.5.1 Market Trends
        • 6.1.2.5.2 Market Forecast
    • 6.1.3 Market Forecast
  • 6.2 Hardware
    • 6.2.1 Market Trends
    • 6.2.2 Market Breakup by Type
      • 6.2.2.1 Sensor
        • 6.2.2.1.1 Market Trends
        • 6.2.2.1.2 Market Forecast
      • 6.2.2.2 Programmable Logic Controller
    • 6.2.2 2.1 Market Trends
        • 6.2.2.2.2 Market Forecast
      • 6.2.2.3 AMI Metre
        • 6.2.2.3.1 Market Trends
        • 6.2.2.3.2 Market Forecast
      • 6.2.2.4 Networking Hardware
        • 6.2.2.4.1 Market Trends
        • 6.2.2.4.2 Market Forecast
      • 6.2.2.5 Others
        • 6.2.2.5.1 Market Trends
        • 6.2.2.5.2 Market Forecast
    • 6.2.3 Market Forecast
  • 6.3 Services
    • 6.3.1 Market Trends
    • 6.3.2 Market Breakup by Type
      • 6.3.2.1 Consulting
        • 6.3.2.1.1 Market Trends
        • 6.3.2.1.2 Market Forecast
      • 6.3.2.2 Support and Maintenance
    • 6.3.2 2.1 Market Trends
        • 6.3.2.2.2 Market Forecast
      • 6.3.2.3 Deployment and Integration
        • 6.3.2.3.1 Market Trends
        • 6.3.2.3.2 Market Forecast
    • 6.3.3 Market Forecast

7 Market Breakup by End-User

  • 7.1 Residential
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Commercial
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Industrial
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8 Market Breakup by Region

  • 8.1 Asia Pacific
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Europe
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 North America
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Middle East and Africa
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Latin America
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast

9 SWOT Analysis

  • 9.1 Overview
  • 9.2 Strengths
  • 9.3 Weaknesses
  • 9.4 Opportunities
  • 9.5 Threats

10 Value Chain Analysis

11 Porter's Five Forces Analysis

  • 11.1 Overview
  • 11.2 Bargaining Power of Buyers
  • 11.3 Bargaining Power of Suppliers
  • 11.4 Degree of Competition
  • 11.5 Threat of New Entrants
  • 11.6 Threat of Substitutes

12 Competitive Landscape

  • 12.1 Market Structure
  • 12.2 Key Players
  • 12.3 Profiles of Key Players
    • 12.3.1 CISCO Systems
    • 12.3.2 IBM Corporation
    • 12.3.3 Siemens AG
    • 12.3.4 Schneider Electric
    • 12.3.5 Wipro
    • 12.3.6 General Electric
    • 12.3.7 Honeywell
    • 12.3.8 Oracle Corporation
    • 12.3.9 ABB
    • 12.3.10 Itron
    • 12.3.11 Fujitsu
    • 12.3.12 Eaton
    • 12.3.13 Tantalus
    • 12.3.14 eSmart Systems

List of Figures

  • Figure 1: Global: Smart Grid Market: Major Drivers and Challenges
  • Figure 2: Global: Smart Grid Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Smart Grid Market: Breakup by Component (in %), 2023
  • Figure 4: Global: Smart Grid Market: Breakup by Software (in %), 2023
  • Figure 5: Global: Smart Grid Market: Breakup by Hardware (in %), 2023
  • Figure 6: Global: Smart Grid Market: Breakup by Service (in %), 2023
  • Figure 7: Global: Smart Grid Market: Breakup by End-User (in %), 2023
  • Figure 8: Global: Smart Grid Market: Breakup by Region (in %), 2023
  • Figure 9: Global: Smart Grid Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 10: Global: Smart Grid Industry: SWOT Analysis
  • Figure 11: Global: Smart Grid Industry: Value Chain Analysis
  • Figure 12: Global: Smart Grid Industry: Porter's Five Forces Analysis
  • Figure 13: Global: Smart Grid (Software) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Smart Grid (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Smart Grid (Hardware) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Smart Grid (Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Smart Grid (Services) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Smart Grid (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Smart Grid (Advanced Metering Infrastructure) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Smart Grid (Advanced Metering Infrastructure) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Smart Grid (Smart Grid Distribution Management) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Smart Grid (Smart Grid Distribution Management) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Smart Grid (Smart Grid Network Management) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Smart Grid (Smart Grid Network Management) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Smart Grid (Substation Automation) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Smart Grid (Substation Automation) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: Global: Smart Grid (Other Softwares) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: Global: Smart Grid (Other Softwares) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: Global: Smart Grid (Sensor) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: Global: Smart Grid (Sensor) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: Global: Smart Grid (Programmable Logic Controller) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: Global: Smart Grid (Programmable Logic Controller) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: Global: Smart Grid (AMI Metre) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: Global: Smart Grid (AMI Metre) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: Global: Smart Grid (Networking Hardware) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: Global: Smart Grid (Networking Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: Global: Smart Grid (Others) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: Global: Smart Grid (Others) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: Global: Smart Grid (Consulting) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: Global: Smart Grid (Consulting) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: Global: Smart Grid (Support and Maintenance) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: Global: Smart Grid (Support and Maintenance) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: Global: Smart Grid (Deployment and Integration) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: Global: Smart Grid (Deployment and Integration) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: Global: Smart Grid (Residential) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: Global: Smart Grid (Residential) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: Global: Smart Grid (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: Global: Smart Grid (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Global: Smart Grid (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Global: Smart Grid (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: Asia Pacific: Smart Grid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: Asia Pacific: Smart Grid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: Europe: Smart Grid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: Europe: Smart Grid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: North America: Smart Grid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: North America: Smart Grid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: Middle East and Africa: Smart Grid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: Middle East and Africa: Smart Grid Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: Latin America: Smart Grid Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: Latin America: Smart Grid Market Forecast: Sales Value (in Million US$), 2024-2032

List of Tables

  • Table 1: Global: Smart Grid Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Smart Grid Market Forecast: Breakup by Component (in Million US$), 2024-2032
  • Table 3: Global: Smart Grid Market Forecast: Breakup by Software (in Million US$), 2024-2032
  • Table 4: Global: Smart Grid Market Forecast: Breakup by Hardware (in Million US$), 2024-2032
  • Table 5: Global: Smart Grid Market Forecast: Breakup by Service (in Million US$), 2024-2032
  • Table 6: Global: Smart Grid Market Forecast: Breakup by End-User (in Million US$), 2024-2032
  • Table 7: Global: Smart Grid Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 8: Global: Smart Grid Market: Competitive Structure
  • Table 9: Global: Smart Grid Market: Key Players