PUBLISHER: 360iResearch | PRODUCT CODE: 1381196
PUBLISHER: 360iResearch | PRODUCT CODE: 1381196
The Power Grid Market is projected to reach USD 385.58 billion by 2030 from USD 252.96 billion in 2022, at a CAGR of 5.41% during the forecast period.
Global Power Grid Market
KEY MARKET STATISTICS | |
---|---|
Base Year Value [2022] | USD 252.96 billion |
Estimated Year Value [2023] | USD 266.18 billion |
Forecast Year Value [2030] | USD 385.58 billion |
CAGR (%) | 5.41% |
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Power Grid Market.
Based on Product, market is studied across Circuit-Breaker, Insulator, Lightning Arrester, Relay, Switchyard, Transformer, Transmission Cable, and Wave-Trapper. The Wave-Trapper is projected to witness significant market share during forecast period.
Based on Component, market is studied across Distribution, Generation, and Transmission. The Distribution is projected to witness significant market share during forecast period.
Based on Type, market is studied across National and Regional. The National is projected to witness significant market share during forecast period.
Based on Power Source, market is studied across Non-renewables and Renewables. The Renewables is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa is projected to witness significant market share during forecast period.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
The FPNV Positioning Matrix is an indispensable tool for assessing the Power Grid Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
The Market Share Analysis offers invaluable insights into the vendor landscape Power Grid Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
The report delves into recent significant developments in the Power Grid Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Aker Solutions ASA, Belden Inc., Chubu Electric Power Co., Inc., Cisco Systems, Inc., ContourGlobal PLC, Eaton Corporation PLC, FMC Technologies, Inc., Fuji Electric Co., Ltd., Fujitsu Limited, General Electric Company, Havells India Limited, HD Hyundai Electric Co. Ltd., Hitachi, Ltd., Honeywell International Inc., Hubbell Incorporated, Itron, Inc., Landis+Gyr AG, LS Power Development, LLC, Mitsubishi Corporation, Nexans, NKT A/S, Oracle Corporation, Powell Industries, Inc., Prysmian S.p.A., Schlumberger Limited, Schneider Electric SE, Siemens AG, Southwire Company, LLC, Sterlite Power Transmission Limited, Sumitomo Electric Industries, Ltd., Secheron SA, Tata Power, Tokyo Electric Power Company Holdings, Inc., Toshiba Corporation, Wilson Power Solutions Limited, and Wipro Limited.
1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
1. What is the market size and forecast for the Power Grid Market?
2. Which products, segments, applications, and areas hold the highest investment potential in the Power Grid Market?
3. What is the competitive strategic window for identifying opportunities in the Power Grid Market?
4. What are the latest technology trends and regulatory frameworks in the Power Grid Market?
5. What is the market share of the leading vendors in the Power Grid Market?
6. Which modes and strategic moves are suitable for entering the Power Grid Market?