Self-Healing Grid - Global Market Trajectory & Analytics

Global Self-Healing Grid Market to Reach $3.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Self-Healing Grid estimated at US$2 Billion in the year 2020, is projected to reach a revised size of US$3.4 Billion by 2027, growing at a CAGR of 7.7% over the period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record 8.2% CAGR and reach US$2.6 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 Software & Services segment is readjusted to a revised 6.3% CAGR for the next 7-year period.



The U.S. Market is Estimated at $595.2 Million, While China is Forecast to Grow at 7.2% CAGR

The Self-Healing Grid market in the U.S. is estimated at US$595.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$589.8 Million by the year 2027 trailing a CAGR of 7.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 6.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.

Select Competitors (Total 44 Featured):

• ABB Group
• Cisco Systems, Inc.
• Eaton Corporation PLC
• G&W Electric Company
• GE Grid Solutions
• Infosys Ltd.
• Landis+Gyr AG
• Oracle Corporation
• S&C Electric Company
• Schneider Electric SA
• Sentient Energy, Inc.
• Siemens AG