The emergence of smart cities increases the need for advanced smart grid technologies, which is most likely to propel the industry's growth. The lower operating cost of the advanced metering technologies is a key contributing factor to the increasing demand of the system. The market players are investing in the research and development to produce more technologically advanced systems. The smart grid technology is expected to generate more accurate electricity bills compared to traditional power systems. Besides, automatic self-healing and easy fault detections are some of the factors driving the demand of the system.
The research offers a bird’s eye view of the current market scenario regarding the operations of the leading companies in the Smart Grid market. The report presents an extensive analysis of the leading players with regards to their business portfolio, product portfolio, market share and size, global reach and position, revenue share, gross profit margins, and production and manufacturing capacity.
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The Deployment and Integration segment is forecasted to grow with the fastest CAGR of 20.6% over the forecast period due to the increasing requirement in the technological advancements of the traditional power systems.
The crucial information covered by the report offers the readers and businesses a way to capitalize on the current market scenario and enables a strategic business decision-making process for improved profitability. Some of the key players of the market analyzed in the report to offer a better understanding of the competitive landscape are as follows.
Key participants include ABB, General Electric, Siemens, Itron, Aclara, Schneider Electric, Cisco, S & C Electric Company, Oracle, and IBM, among others.
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Regional Scope- North America; Europe; Asia Pacific; Central & South America; MEA
Emergen Research has segmented the global Smart Grid Market on the basis of Technology, Services, End User, and region:
- Technology Outlook (Revenue, USD Billion; 2017-2027)
- Smart Grid Distribution Management
- Advanced Metering Infrastructure
- Smart Grid Network Management
- Smart Grid Security
- Others
- Services Outlook (Revenue, USD Billion; 2017-2027)
- Deployment and Integration
- Consulting
- Support and maintenance
- End User Outlook (Revenue, USD Billion; 2017-2027)
- Commercial
- Industrial
- Residential
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Smart Grid Market Segmentation & Impact Analysis
4.1. Smart Grid Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Aging power distribution Infrastructures
4.2.2.2. Lower energy prices
4.2.2.3. Increasing investments in the technological developments of the smart grid infrastructure
4.2.2.4. Supportive government regulations and policies
4.2.2.5. Growing awareness regarding increasing carbon dioxide emission levels
4.2.3. Market restraints analysis
4.2.3.1. Low accessibility to electricity in the developing nations
4.2.3.2. High Installation costs of the Smart grid technology
4.2.3.3. Lack of data security and privacy policies
4.2.3.4. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Smart Grid Market By Technology Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
5.1. Technology Dynamics & Market Share, 2019 & 2027
5.1.1. Smart Grid Distribution Management
5.1.2. Advanced Metering Infrastructure
5.1.3. Smart Grid Network Management
5.1.4. Smart Grid Security
5.1.5. Others
Chapter 6. Smart Grid Market By Services Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
6.1. Services Dynamics & Market Share, 2019 & 2027
6.1.1. Deployment and Integration
6.1.2. Consulting
6.1.3. Support and maintenance
Continue..!
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