Table of Content

1. Executive Summary


2. Introduction

2.1 Smart grid: An Overview
2.1.1 Introduction to Smart Grid
2.1.2 Key Features and Benefits of Smart Grid

2.2 Smart Grid Segmentation: An Overview
2.2.1 Smart Grid Segmentation


3. Global Market Analysis

3.1 Global Smart Grid Market: An Analysis

3.1.1 Global Smart Grid Market: An Overview
3.1.2 Global Smart Grid Market by Value
3.1.3 Global Smart Grid Market by Component (Hardware, Software and Services)
3.1.4 Global Smart Grid Market by Application (Transmission, Distribution, Consumption and Generation)
3.1.3 Global Smart Grid Market by Technology (Advanced Metering Infrastructure, Distribution Automation, Grid Optimization, Demand Response and Others)
3.1.5 Global Smart Grid Market by End-User (Utility, Residential, Commercial and Industrial)
3.1.6 Global Smart Grid Market by Region (North America, Europe, Asia Pacific, and rest of the World)

3.2 Global Smart Grid Market: Component Analysis

3.2.1 Global Smart Grid Market by Component: An Overview
3.2.2 Global Smart Grid Software Market by Value
3.2.3 Global Smart Grid Hardware Market by Value
3.2.4 Global Smart Grid Services Market by Value

3.3 Global Smart Grid Market: Application Analysis

3.3.1 Global Smart Grid Market by Application: An Overview
3.3.2 Global Smart Grid Distribution Market by Value
3.3.3 Global Smart Grid Transmission Market by Value
3.3.4 Global Smart Grid Consumption Market by Value
3.2.5 Global Smart Grid Generation Market by Value

3.4 Global Smart Grid Market: Technology Analysis

3.4.1 Global Smart Grid Market by Technology: An Overview
3.4.2 Global Smart Grid Advanced Metering Infrastructure Market by Value
3.4.3 Global Smart Grid Distribution & Network Automation Market by Value
3.4.4 Global Smart Grid Optimization Market by Value
3.4.5 Global Smart Grid Demand Response Market by Value
3.4.6 Global Others Smart Grid Market by Value

3.5 Global Smart Grid Market: End-User Analysis

3.5.1 Global Smart Grid Market by End-User: An Overview
3.5.2 Global Utility Smart Grid Market by Value
3.5.3 Global Industrial Smart Grid Market by Value
3.5.4 Global Residential Smart Grid Market by Value
3.5.5 Global Commercial Smart Grid Market by Value


4. Regional Market Analysis

4.1 North America Smart Grid Market: An Analysis

4.2.1 North America Smart Grid Market: An Overview
4.2.2 North America Smart Grid Market by Value
4.2.3 North America Smart Grid Market by Region
4.2.4 The US Smart Grid Market by Value
4.2.5 Canada Smart Grid Market by Value
4.2.6 Mexico Smart Grid Market by Value
4.2 Europe Smart Grid Market: An Analysis
4.2.1 Europe Smart Grid Market: An Overview
4.2.2 Europe Smart Grid Market by Value
4.2.3 Europe Smart Grid Market by Region
4.2.4 Germany Smart Grid Market by Value
4.2.5 The UK Smart Grid Market by Value
4.2.6 France Smart Grid Market by Value
4.2.7 Italy Smart Grid Market by Value
4.2.8 Rest of Europe Smart Grid Market by Value

4.3 Asia Pacific Smart Grid Market: An Analysis

4.3.1 Asia Pacific Smart Grid Market: An Overview
4.3.2 Asia Pacific Smart Grid Market by Value
4.3.3 Asia Pacific Smart Grid Market by Region
4.3.4 China Smart Grid Market by Value
4.3.5 Japan Smart Grid Market by Value
4.3.6 India Smart Grid Market by Value
4.3.7 South Korea Smart Grid Market by Value
4.3.8 Rest of Asia Pacific Smart Grid Market by Value

4.4 Rest of the World Smart Grid Market: An Analysis

4.4.1 Rest of the World Smart Grid Market: An Overview
4.4.2 Rest of the World Smart Grid Market by Value


5. Impact of COVID-19

5.1 Impact of COVID-19 on Global Smart Grid Market
5.2 Post COVID-19 Impact on Global Smart Grid Market


6. Market Dynamics

6.1 Growth Drivers
6.1.1 Integration of Renewable Energy Sources
6.1.2 Increasing Investment in Smart Infrastructure
6.1.3 Rising Demand for Electric Vehicles (EVs) and Charging Infrastructure
6.1.4 Growing Energy Demand and Rapid Urbanization
6.1.5 Surging Need for Grid Modernization
6.1.6 Government Regulations and Policies

6.2 Challenges
6.2.1 High Initial Capital Investment
6.2.2 Cybersecurity Risks
6.2.3 Interoperability and Standardization Issues

6.3 Market Trends
6.3.1 Upsurge in Investments in Energy Sector
6.3.2 Emergence of Virtual Power Plants (VPPs)
6.3.3 Technological Advancements in Smart Grid Solutions
6.3.4 Incorporation of Blockchain Technology
6.3.5 Enhanced Consumer Engagement through Smart Technologies


7. Competitive Landscape

7.1 Global Smart Grid Market: Competitive Landscape


8. Company Profiles

8.1 ABB Group
8.1.1 Business Overview
8.1.2 Operating Businesses Areas
8.1.3 Business Strategies

8.2 Schneider Electric SE
8.2.1 Business Overview
8.2.2 Operating Segments
8.2.3 Business Strategies

8.3 Siemens AG
8.3.1 Business Overview
8.3.2 Operating Segments
8.3.3 Business Strategies

8.4 Cisco Systems, Inc.
8.4.1 Business Overview
8.4.2 Operating Segments
8.4.3 Business Strategies

8.5 GE Vernova Inc. (General Electric Co)
8.5.1 Business Overview
8.5.2 Operating Segments
8.5.3 Business Strategies

8.6 International Business Machines Corporation
8.6.1 Business Overview
8.6.2 Operating Segments
8.6.3 Business Strategies

8.7 Itron, Inc.
8.7.1 Business Overview
8.7.2 Operating Segments
8.7.3 Business Strategies

8.8 Eaton Corporation PLC
8.8.1 Business Overview
8.8.2 Operating Segments
8.8.3 Business Strategies

8.9 Honeywell International Inc.
8.9.1 Business Overview
8.9.2 Operating Segments
8.9.3 Business Strategies

8.10 Hitachi, Ltd.
8.10.1 Business Overview
8.10.2 Operating Segments
8.10.3 Business Strategies

8.11 Landis+Gyr Group AG
8.11.1 Business Overview
8.11.2 Operating Segments
8.11.3 Business Strategies

8.12 Oracle Corporation
8.12.1 Business Overview
8.12.2 Operating Segments
8.12.3 Business Strategies

List of Figures

Figure 1: Key Features and Benefits of Smart Grid
Figure 2: Smart Grid Segmentation
Figure 3: Global Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 4: Global Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 5: Global Smart Grid Market by Component; 2024 (Percentage, %)
Figure 6: Global Smart Grid Market by Application; 2024 (Percentage, %)
Figure 7: Global Smart Grid Market by Technology; 2024 (Percentage, %)
Figure 8: Global Smart Grid Market by End-User; 2024 (Percentage, %)
Figure 9: Global Smart Grid Market by Region; 2024 (Percentage, %)
Figure 10: Global Smart Grid Software Market by Value; 2020-2024 (US$ Billion)
Figure 11: Global Smart Grid Software Market by Value; 2025-2030 (US$ Billion)
Figure 12: Global Smart Grid Hardware Market by Value; 2020-2024 (US$ Billion)
Figure 13: Global Smart Grid Hardware Market by Value; 2025-2030 (US$ Billion)
Figure 14: Global Smart Grid Services Market by Value; 2020-2024 (US$ Billion)
Figure 15: Global Smart Grid Services Market by Value; 2025-2030 (US$ Billion)
Figure 16: Global Smart Grid Distribution Market by Value; 2020-2024 (US$ Billion)
Figure 17: Global Smart Grid Distribution Market by Value; 2025-2030 (US$ Billion)
Figure 18: Global Smart Grid Transmission Market by Value; 2020-2024 (US$ Billion)
Figure 19: Global Smart Grid Transmission Market by Value; 2025-2030 (US$ Billion)
Figure 20: Global Smart Grid Consumption Market by Value; 2020-2024 (US$ Billion)
Figure 21: Global Smart Grid Consumption Market by Value; 2025-2030 (US$ Billion)
Figure 22: Global Smart Grid Generation Market by Value; 2020-2024 (US$ Billion)
Figure 23: Global Smart Grid Generation Market by Value; 2025-2030 (US$ Billion)
Figure 24: Global Smart Grid Advanced Metering Infrastructure Market by Value; 2020-2024 (US$ Billion)
Figure 25: Global Smart Grid Advanced Metering Infrastructure Market by Value; 2025-2030 (US$ Billion)
Figure 26: Global Smart Grid Distribution & Network Automation Market by Value; 2020-2024 (US$ Billion)
Figure 27: Global Smart Grid Distribution & Network Automation Market by Value; 2025-2030 (US$ Billion)
Figure 28: Global Smart Grid Optimization Market by Value; 2020-2024 (US$ Billion)
Figure 29: Global Smart Grid Optimization Market by Value; 2025-2030 (US$ Billion)
Figure 30: Global Smart Grid Demand Response Market by Value; 2020-2024 (US$ Billion)
Figure 31: Global Smart Grid Demand Response Market by Value; 2025-2030 (US$ Billion)
Figure 32: Global Others Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 33: Global Others Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 34: Global Utility Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 35: Global Utility Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 36: Global Industrial Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 37: Global Industrial Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 38: Global Residential Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 39: Global Residential Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 40: Global Commercial Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 41: Global Commercial Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 42: North America Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 43: North America Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 44: North America Smart Grid Market by Region; 2024 (Percentage, %)
Figure 45: The US Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 46: The US Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 47: Canada Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 48: Canada Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 49: Mexico Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 50: Mexico Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 51: Europe Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 52: Europe Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 53: Europe Smart Grid Market by Region; 2024 (Percentage, %)
Figure 54: Germany Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 55: Germany Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 56: The UK Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 57: The UK Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 58: France Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 59: France Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 60: Italy Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 61: Italy Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 62: Rest of Europe Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 63: Rest of Europe Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 64: Asia Pacific Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 65: Asia Pacific Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 66: Asia Pacific Smart Grid Market by Region; 2024 (Percentage, %)
Figure 67: China Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 68: China Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 69: Japan Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 70: Japan Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 71: India Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 72: India Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 73: South Korea Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 74: South Korea Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 75: Rest of Asia Pacific Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 76: Rest of Asia Pacific Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 77: Rest of the World Smart Grid Market by Value; 2020-2024 (US$ Billion)
Figure 78: Rest of the World Smart Grid Market by Value; 2025-2030 (US$ Billion)
Figure 79: Global Electricity Supply and Share of Renewable Source; 2020-2025 (TWh, Percentage, %)
Figure 80: Global Smart Infrastructure Market Revenue Forecast; 2020-2025 (US$ Billion)
Figure 81: Global Electric Car Sales; 2020-2024 (Million Units)
Figure 82: Global Urban Population; 2020-2024 (Billion)
Figure 83: Global Investments in The Energy Sector; 2021-2025 (US$ Billion)
Figure 84: Global Virtual Power Plants Market; 2019 v/s 2024 (US$ Billion)
Figure 85: ABB Group Revenues by Business Areas; 2024 (Percentage, %)
Figure 86: Schneider Electric SE Revenue by Segment; 2024 (Percentage, %)
Figure 87: Siemens AG Revenue by Segments; 2024 (Percentage, %)
Figure 88: Cisco Systems, Inc. Revenue by Geographic Segments; 2024 (Percentage, %)
Figure 89: GE Vernova Inc. Revenues by Segment; 2024 (Percentage, %)
Figure 90: International Business Machines Corporation (IBM) Revenue by Segment; 2023 (Percentage, %)
Figure 91: Itron, Inc. Revenue by Segment; 2023 (Percentage, %)
Figure 92: Eaton Corporation PLC Net Sales by Segment; 2023 (Percentage, %)
Figure 93: Honeywell International Inc. Net Sales by Segment; 2024 (Percentage, %)
Figure 94: Hitachi, Ltd. Revenue by Segments; 2023 (Percentage, %)
Figure 95: Landis+Gyr Group AG Net Revenue by Segments; 2023 (Percentage, %)
Figure 96: Oracle Corporation Revenue by Segment; 2024 (Percentage, %)
Table 1: Global Smart Grid Market: Recent Developments & Product Offerings