Smart Grid

World Market Report

MCP-6331

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PARTICIPANTS

976
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VALIDATIONS

98
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COMPANIES

277
Responses Validated*
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DATE

JAN 2022

TABLES

102

PAGES

293

EDITION

17

PRICE

USD 5450

CODE

MCP-6331


COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)

STRONG ACTIVE NICHE TRIVIAL

%

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S A N T
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HIGHLIGHTS & REPORT INDEX

What's New for 2022?

» Global competitiveness and key competitor percentage market shares
» Market presence across multiple geographies - Strong/Active/Niche/Trivial
» Online interactive peer-to-peer collaborative bespoke updates
» Access to our digital archives and MarketGlass Research Platform
» Complimentary updates for one year

Amid the COVID-19 crisis, the global market for Smart Grid estimated at US$50.3 Billion in the year 2020, is projected to reach a revised size of US$168.6 Billion by 2027, growing at a CAGR of 18.9% over the analysis period 2020-2027. Software, one of the segments analyzed in the report, is projected to record a 19.1% CAGR and reach US$83.2 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 17.2% CAGR for the next 7-year period.
The Smart Grid market in the U.S. is estimated at US$14.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$29 Billion by the year 2027 trailing a CAGR of 18.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.9% and 16.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.8% CAGR.
In the global Services segment, USA, Canada, Japan, China and Europe will drive the 20.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$7.8 Billion in the year 2020 will reach a projected size of US$29 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$20.4 Billion by the year 2027.

SELECT PLAYERS

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.

SEGMENTS

» Type (Software, Hardware, Services) » Application (Distribution, Transmission, Generation, Consumption)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Smart Grid – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
World Recent Past, Current & Future Analysis for Smart Grid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Smart Grid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Distribution by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Distribution by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Transmission by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Transmission by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Generation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Generation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Recent Past, Current & Future Analysis for Consumption by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Consumption by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
World Smart Grid Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
UNITED STATES
Smart Grid Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
USA Recent Past, Current & Future Analysis for Smart Grid by Type - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Smart Grid by Type - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
USA Recent Past, Current & Future Analysis for Smart Grid by Application - Distribution, Transmission, Generation and Consumption - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Smart Grid by Application - Percentage Breakdown of Value Sales for Distribution, Transmission, Generation and Consumption for the Years 2021 & 2027
CANADA
Canada Recent Past, Current & Future Analysis for Smart Grid by Type - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Smart Grid by Type - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
Canada Recent Past, Current & Future Analysis for Smart Grid by Application - Distribution, Transmission, Generation and Consumption - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Smart Grid by Application - Percentage Breakdown of Value Sales for Distribution, Transmission, Generation and Consumption for the Years 2021 & 2027
JAPAN
Smart Grid Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
Japan Recent Past, Current & Future Analysis for Smart Grid by Type - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Smart Grid by Type - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
Japan Recent Past, Current & Future Analysis for Smart Grid by Application - Distribution, Transmission, Generation and Consumption - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Smart Grid by Application - Percentage Breakdown of Value Sales for Distribution, Transmission, Generation and Consumption for the Years 2021 & 2027
CHINA
Smart Grid Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
China Recent Past, Current & Future Analysis for Smart Grid by Type - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Smart Grid by Type - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
China Recent Past, Current & Future Analysis for Smart Grid by Application - Distribution, Transmission, Generation and Consumption - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Smart Grid by Application - Percentage Breakdown of Value Sales for Distribution, Transmission, Generation and Consumption for the Years 2021 & 2027
EUROPE
Smart Grid Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
Europe Recent Past, Current & Future Analysis for Smart Grid by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Smart Grid by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027
Europe Recent Past, Current & Future Analysis for Smart Grid by Type - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Smart Grid by Type - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
Europe Recent Past, Current & Future Analysis for Smart Grid by Application - Distribution, Transmission, Generation and Consumption - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Smart Grid by Application - Percentage Breakdown of Value Sales for Distribution, Transmission, Generation and Consumption for the Years 2021 & 2027
FRANCE
Smart Grid Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
France Recent Past, Current & Future Analysis for Smart Grid by Type - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Smart Grid by Type - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
France Recent Past, Current & Future Analysis for Smart Grid by Application - Distribution, Transmission, Generation and Consumption - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Smart Grid by Application - Percentage Breakdown of Value Sales for Distribution, Transmission, Generation and Consumption for the Years 2021 & 2027
GERMANY
Smart Grid Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
Germany Recent Past, Current & Future Analysis for Smart Grid by Type - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Smart Grid by Type - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
Germany Recent Past, Current & Future Analysis for Smart Grid by Application - Distribution, Transmission, Generation and Consumption - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Smart Grid by Application - Percentage Breakdown of Value Sales for Distribution, Transmission, Generation and Consumption for the Years 2021 & 2027
ITALY
Italy Recent Past, Current & Future Analysis for Smart Grid by Type - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Smart Grid by Type - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
Italy Recent Past, Current & Future Analysis for Smart Grid by Application - Distribution, Transmission, Generation and Consumption - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Smart Grid by Application - Percentage Breakdown of Value Sales for Distribution, Transmission, Generation and Consumption for the Years 2021 & 2027
UNITED KINGDOM
Smart Grid Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
UK Recent Past, Current & Future Analysis for Smart Grid by Type - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Smart Grid by Type - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
UK Recent Past, Current & Future Analysis for Smart Grid by Application - Distribution, Transmission, Generation and Consumption - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Smart Grid by Application - Percentage Breakdown of Value Sales for Distribution, Transmission, Generation and Consumption for the Years 2021 & 2027
REST OF EUROPE
Rest of Europe Recent Past, Current & Future Analysis for Smart Grid by Type - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Smart Grid by Type - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
Rest of Europe Recent Past, Current & Future Analysis for Smart Grid by Application - Distribution, Transmission, Generation and Consumption - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Smart Grid by Application - Percentage Breakdown of Value Sales for Distribution, Transmission, Generation and Consumption for the Years 2021 & 2027
ASIA-PACIFIC
Smart Grid Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
Asia-Pacific Recent Past, Current & Future Analysis for Smart Grid by Type - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Smart Grid by Type - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
Asia-Pacific Recent Past, Current & Future Analysis for Smart Grid by Application - Distribution, Transmission, Generation and Consumption - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Smart Grid by Application - Percentage Breakdown of Value Sales for Distribution, Transmission, Generation and Consumption for the Years 2021 & 2027
REST OF WORLD
Rest of World Recent Past, Current & Future Analysis for Smart Grid by Type - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Smart Grid by Type - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
Rest of World Recent Past, Current & Future Analysis for Smart Grid by Application - Distribution, Transmission, Generation and Consumption - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Smart Grid by Application - Percentage Breakdown of Value Sales for Distribution, Transmission, Generation and Consumption for the Years 2021 & 2027
Total Companies Profiled: 277

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