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Market Research Report

India Smart Grid Market Forecast 2021-2026

Published by Inkwood Research Product code 991401
Published Content info 80 Pages
Delivery time: 2-3 business days
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India Smart Grid Market Forecast 2021-2026
Published: March 1, 2021 Content info: 80 Pages
Description

KEY FINDINGS

The India smart grid market is registered to project a CAGR of 13.86%, over the forecasted years. The growing investments in smart grid technology, the initiatives and programs undertaken by the Ministry of Power (MoP), and the launch of government schemes. The base year considered for the studied market is 2020, and the forecast period is from 2021 to 2026.

MARKET INSIGHTS

The power distribution sector in India has witnessed numerous initiatives launched by the Ministry of Power, in order to ensure sustainability within DISCOMs operations. This aspect is fulfilled by deploying an adaptive, safe, and digitally-enabled grid ecosystem, providing reliable and quality energy, across the country.

Globally, the smart grid has been considered a chief tool to achieve transformation, in terms of a more digital as well as a consumer-oriented grid by utilities and policymakers. In this regard, several measures have also been undertaken by the Indian government, to augment the deployment of smart grids in the country. For instance, one of the leading initiatives includes sanctioning multiple smart grid projects by the Ministry of Power, currently at diverse stages of implementation. Moreover, the country also aims to install 35 million smart meters, under the Ujwal DISCOM Assurance Yojana (UDAY), over the upcoming years. As a result, these factors are expected to drive the India smart grid market growth, during the forecast period.

COMPETITIVE INSIGHTS

Some of the distinguished companies operating in the market are, International Business Machines Corporation, Wipro Limited, Cisco Systems Inc, Sensus Inc, etc.

Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Table of Contents
Product Code: 36182

TABLE OF CONTENTS

1. RESEARCH SCOPE & METHODOLOGY

  • 1.1. STUDY OBJECTIVES
  • 1.2. SCOPE OF STUDY
  • 1.3. METHODOLOGY
  • 1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

  • 2.1. MARKET SIZE & ESTIMATES
  • 2.2. COUNTRY SNAPSHOT
  • 2.3. COUNTRY ANALYSIS
  • 2.4. KEY GROWTH ENABLERS
  • 2.5. KEY CHALLENGES

3. KEY ANALYTICS

  • 3.1. IMPACT OF COVID-19 ON SMART GRID MARKET
  • 3.2. KEY INVESTMENT INSIGHTS
  • 3.3. PORTER'S FIVE FORCES ANALYSIS
    • 3.3.1. BUYERS POWER
    • 3.3.2. SUPPLIERS POWER
    • 3.3.3. SUBSTITUTION
    • 3.3.4. NEW ENTRANTS
    • 3.3.5. INDUSTRY RIVALRY
  • 3.4. OPPORTUNITY MATRIX
  • 3.5. VENDOR LANDSCAPE

4. MARKET BY END-USER

  • 4.1. COMMERCIAL END-USER
  • 4.2. INDUSTRIAL END-USER
  • 4.3. RESIDENTIAL END-USER

5. MARKET BY APPLICATION

  • 5.1. TRANSMISSION
  • 5.2. DISTRIBUTION
  • 5.3. CONSUMPTION/END-USE
  • 5.4. GENERATION

6. MARKET BY COMPONENT

  • 6.1. SOLUTION
    • 6.1.1. SUBSTATION AUTOMATION
    • 6.1.2. SMART GRID DISTRIBUTION MANAGEMENT
    • 6.1.3. ADVANCED METERING INFRASTRUCTURE
    • 6.1.4. SMART GRID NETWORK MANAGEMENT
    • 6.1.5. SMART GRID SECURITY
    • 6.1.6. SMART GRID COMMUNICATION
    • 6.1.7. OTHER SOLUTION
    • 6.1.8. SERVICES

7. COMPETITIVE LANDSCAPE

  • 7.1. KEY STRATEGIC DEVELOPMENTS
    • 7.1.1. MERGERS & ACQUISITIONS
    • 7.1.2. PRODUCT LAUNCHES & DEVELOPMENTS
    • 7.1.3. PARTNERSHIPS & AGREEMENTS
    • 7.1.4. BINDIAINESS EXPANSIONS
  • 7.2. COMPANY PROFILES
    • 7.2.1. ABB LTD
    • 7.2.2. AMDOCS CORPORATION
    • 7.2.3. AUTOGRID SYSTEMS INC
    • 7.2.4. CISCO SYSTEMS INC
    • 7.2.5. GENERAL ELECTRIC COMPANY
    • 7.2.6. HONEYWELL INTERNATIONAL
    • 7.2.7. INTERNATIONAL BUSINESS MACHINES CORPORATION
    • 7.2.8. ITRON INC
    • 7.2.9. LANDIS & GYR GROUP AG
    • 7.2.10. ORACLE CORPORATION
    • 7.2.11. SCHNEIDER ELECTRIC SE
    • 7.2.12. SENSUS INC
    • 7.2.13. SIEMENS AG
    • 7.2.14. TANTALUS SYSTEM CORP
    • 7.2.15. WIPRO LIMITED

LIST OF TABLES

  • TABLE 1: MARKET SNAPSHOT - SMART GRID
  • TABLE 2: INDIA SMART GRID MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 3: INDIA SMART GRID MARKET, BY END-USER, FORECAST YEARS, 2021-2026 (IN $ MILLION)
  • TABLE 4: INDIA SMART GRID MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 5: INDIA SMART GRID MARKET, BY APPLICATION, FORECAST YEARS, 2021-2026 (IN $ MILLION)
  • TABLE 6: INDIA SMART GRID MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 7: INDIA SMART GRID MARKET, BY COMPONENT, FORECAST YEARS, 2021-2026 (IN $ MILLION)
  • TABLE 8: INDIA SOLUTION MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 9: INDIA SOLUTION MARKET, BY TYPE, FORECAST YEARS, 2021-2026 (IN $ MILLION)
  • TABLE 10: LIST OF MERGERS & ACQUISITIONS
  • TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
  • TABLE 12: LIST OF PARTNERSHIPS & AGREEMENTS
  • TABLE 13: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

LIST OF FIGURES

  • FIGURE 1: KEY INVESTMENT INSIGHTS
  • FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
  • FIGURE 3: OPPORTUNITY MATRIX
  • FIGURE 4: VENDOR LANDSCAPE
  • FIGURE 5: INDIA SMART GRID MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020
  • FIGURE 6: INDIA SMART GRID MARKET, BY COMMERCIAL END-USER, 2021-2026 (IN $ MILLION)
  • FIGURE 7: INDIA SMART GRID MARKET, BY INDUSTRIAL END-USER, 2021-2026 (IN $ MILLION)
  • FIGURE 8: INDIA SMART GRID MARKET, BY RESIDENTIAL END-USER, 2021-2026 (IN $ MILLION)
  • FIGURE 9: INDIA SMART GRID MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020
  • FIGURE 10: INDIA SMART GRID MARKET, BY TRANSMISSION, 2021-2026 (IN $ MILLION)
  • FIGURE 11: INDIA SMART GRID MARKET, BY DISTRIBUTION, 2021-2026 (IN $ MILLION)
  • FIGURE 12: INDIA SMART GRID MARKET, BY CONSUMPTION/END-USE, 2021-2026 (IN $ MILLION)
  • FIGURE 13: INDIA SMART GRID MARKET, BY GENERATION, 2021-2026 (IN $ MILLION)
  • FIGURE 14: INDIA SMART GRID MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2020
  • FIGURE 15: INDIA SMART GRID MARKET, BY SOLUTION, 2021-2026 (IN $ MILLION)
  • FIGURE 16: INDIA SMART GRID MARKET, BY SUBSTATION AUTOMATION, 2021-2026 (IN $ MILLION)
  • FIGURE 17: INDIA SMART GRID MARKET, BY SMART GRID DISTRIBUTION MANAGEMENT, 2021-2026 (IN $ MILLION)
  • FIGURE 18: INDIA SMART GRID MARKET, BY ADVANCED METERING INFRASTRUCTURE, 2021-2026 (IN $ MILLION)
  • FIGURE 19: INDIA SMART GRID MARKET, BY SMART GRID NETWORK MANAGEMENT, 2021-2026 (IN $ MILLION)
  • FIGURE 20: INDIA SMART GRID MARKET, BY SMART GRID SECURITY, 2021-2026 (IN $ MILLION)
  • FIGURE 21: INDIA SMART GRID MARKET, BY SMART GRID COMMUNICATION, 2021-2026 (IN $ MILLION)
  • FIGURE 22: INDIA SMART GRID MARKET, BY OTHER SOLUTION, 2021-2026 (IN $ MILLION)
  • FIGURE 23: INDIA SMART GRID MARKET, BY SERVICES, 2021-2026 (IN $ MILLION)
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