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Smart Grid - Global Market Trajectory & Analytics

  • ID: 1227807
  • Report
  • July 2020
  • Region: Global
  • 364 Pages
  • Global Industry Analysts, Inc
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Global Smart Grid Market to Reach $106 Billion by 2027

Amid the COVID-19 crisis, the global market for Smart Grid estimated at US$28.2 Billion in the year 2020, is projected to reach a revised size of US$106 Billion by 2027, growing at aCAGR of 20.8% over the period 2020-2027. Software, one of the segments analyzed in the report, is projected to record 21.7% CAGR and reach US$69.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hardware segment is readjusted to a revised 19.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $8.4 Billion, While China is Forecast to Grow at 20% CAGR

The Smart Grid market in the U.S. is estimated at US$8.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$18.1 Billion by the year 2027 trailing a CAGR of 20% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.6% and 18% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.3% CAGR.We bring years of research experience to this 17th edition of our report. The 364-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • ABB Ltd.
  • Aclara Technologies LLC
  • C3.ai, Inc.
  • Cisco Systems, Inc.
  • Eaton Corporation PLC
  • Enel X S.r.l.
  • eSmart Systems
  • Esyasoft Technologies Pvt Ltd.
  • General Electric Company
  • Globema Sp. z o.o.
  • Grid4C
  • Honeywell International, Inc.
  • IBM Corporation
  • Itron, Inc.
  • Kamstrup A/S
  • Landis+Gyr AG
  • Open Systems International, Inc.(OSI)
  • Oracle Corporation
  • S&C Electric Company
  • Schneider Electric SA
  • Siemens AG
  • Tantalus Systems, Inc.
  • Tech Mahindra Ltd.
  • Trilliant, Inc.
  • Wipro Ltd.

The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
Note: Product cover images may vary from those shown
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Competitor Market Shares

Smart Grid Competitor Market Share Scenario Worldwide (in %): 2019 & 2028

Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: Smart Grid Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Smart Grid Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: Software (Type) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 4: Software (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
TABLE 5: Hardware (Type) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 6: Hardware (Type) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
TABLE 7: Consulting (Service) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 8: Consulting (Service) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
TABLE 9: Deployment & Integration (Service) World Market Estimates and Forecasts by Region/Country in US$ Million: 2020 to 2027
TABLE 10: Deployment & Integration (Service) Market Share Breakdown by Region/Country: 2020 VS 2027
TABLE 11: Support & Maintenance (Service) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 12: Support & Maintenance (Service) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

Market Facts & Figures

US Smart Grid Market Share (in %) by Company: 2019 & 2025

Market Analytics
TABLE 13: United States Smart Grid Market Estimates and Projections in US$ Million by Type: 2020 to 2027
TABLE 14: United States Smart Grid Market Share Breakdown by Type: 2020 VS 2027
TABLE 15: United States Smart Grid Market Estimates and Projections in US$ Million by Service: 2020 to 2027
TABLE 16: United States Smart Grid Market Share Breakdown by Service: 2020 VS 2027

CANADA

TABLE 17: Canadian Smart Grid Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
TABLE 18: Smart Grid Market in Canada: Percentage Share Breakdown of Sales by Type for 2020 and 2027
TABLE 19: Canadian Smart Grid Market Estimates and Forecasts in US$ Million by Service: 2020 to 2027
TABLE 20: Smart Grid Market in Canada: Percentage Share Breakdown of Sales by Service for 2020 and 2027

JAPAN

TABLE 21: Japanese Market for Smart Grid: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
TABLE 22: Japanese Smart Grid Market Share Analysis by Type: 2020 VS 2027
TABLE 23: Japanese Market for Smart Grid: Annual Sales Estimates and Projections in US$ Million by Service for the Period 2020-2027
TABLE 24: Japanese Smart Grid Market Share Analysis by Service: 2020 VS 2027

CHINA

TABLE 25: Chinese Smart Grid Market Growth Prospects in US$ Million by Type for the Period 2020-2027
TABLE 26: Chinese Smart Grid Market by Type: Percentage Breakdown of Sales for 2020 and 2027
TABLE 27: Chinese Smart Grid Market Growth Prospects in US$ Million by Service for the Period 2020-2027
TABLE 28: Chinese Smart Grid Market by Service: Percentage Breakdown of Sales for 2020 and 2027

EUROPE

Market Facts & Figures

European Smart Grid Market: Competitor Market Share Scenario (in %) for 2019 & 2025

Market Analytics
TABLE 29: European Smart Grid Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 30: European Smart Grid Market Share Shift by Region/Country: 2020 VS 2027
TABLE 31: European Smart Grid Market Estimates and Forecasts in US$ Million by Type: 2020-2027
TABLE 32: European Smart Grid Market Share Breakdown by Type: 2020 VS 2027
TABLE 33: European Smart Grid Market Estimates and Forecasts in US$ Million by Service: 2020-2027
TABLE 34: European Smart Grid Market Share Breakdown by Service: 2020 VS 2027

FRANCE

TABLE 35: Smart Grid Market in France by Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 36: French Smart Grid Market Share Analysis by Type: 2020 VS 2027
TABLE 37: Smart Grid Market in France by Service: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 38: French Smart Grid Market Share Analysis by Service: 2020 VS 2027

GERMANY

TABLE 39: Smart Grid Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Type for the Period 2020-2027
TABLE 40: German Smart Grid Market Share Breakdown by Type: 2020 VS 2027
TABLE 41: Smart Grid Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Service for the Period 2020-2027
TABLE 42: German Smart Grid Market Share Breakdown by Service: 2020 VS 2027

ITALY

TABLE 43: Italian Smart Grid Market Growth Prospects in US$ Million by Type for the Period 2020-2027
TABLE 44: Italian Smart Grid Market by Type: Percentage Breakdown of Sales for 2020 and 2027
TABLE 45: Italian Smart Grid Market Growth Prospects in US$ Million by Service for the Period 2020-2027
TABLE 46: Italian Smart Grid Market by Service: Percentage Breakdown of Sales for 2020 and 2027

UNITED KINGDOM

TABLE 47: United Kingdom Market for Smart Grid: Annual Sales Estimates and Projections in US$ Million by Type for the Period 2020-2027
TABLE 48: United Kingdom Smart Grid Market Share Analysis by Type: 2020 VS 2027
TABLE 49: United Kingdom Market for Smart Grid: Annual Sales Estimates and Projections in US$ Million by Service for the Period 2020-2027
TABLE 50: United Kingdom Smart Grid Market Share Analysis by Service: 2020 VS 2027

REST OF EUROPE

TABLE 51: Rest of Europe Smart Grid Market Estimates and Forecasts in US$ Million by Type: 2020-2027
TABLE 52: Rest of Europe Smart Grid Market Share Breakdown by Type: 2020 VS 2027
TABLE 53: Rest of Europe Smart Grid Market Estimates and Forecasts in US$ Million by Service: 2020-2027
TABLE 54: Rest of Europe Smart Grid Market Share Breakdown by Service: 2020 VS 2027

ASIA-PACIFIC

TABLE 55: Smart Grid Market in Asia-Pacific by Type: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 56: Asia-Pacific Smart Grid Market Share Analysis by Type: 2020 VS 2027
TABLE 57: Smart Grid Market in Asia-Pacific by Service: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 58: Asia-Pacific Smart Grid Market Share Analysis by Service: 2020 VS 2027

REST OF WORLD

TABLE 59: Rest of World Smart Grid Market Estimates and Forecasts in US$ Million by Type: 2020 to 2027
TABLE 60: Smart Grid Market in Rest of World: Percentage Share Breakdown of Sales by Type for 2020 and 2027
TABLE 61: Rest of World Smart Grid Market Estimates and Forecasts in US$ Million by Service: 2020 to 2027
TABLE 62: Smart Grid Market in Rest of World: Percentage Share Breakdown of Sales by Service for 2020 and 2027

IV. COMPETITION

Total Companies Profiled: 266

Note: Product cover images may vary from those shown
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