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Market Research Report
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1031974

Smart Grid Market by Component (Software, Hardware, Services), Application (Generation, Transmission, Distribution, Consumption/End Use), Communication Technology (Wireline, Wireless), and Region - Global Forecast to 2026

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Smart Grid Market by Component (Software, Hardware, Services), Application (Generation, Transmission, Distribution, Consumption/End Use), Communication Technology (Wireline, Wireless), and Region - Global Forecast to 2026
Published: October 8, 2021
MarketsandMarkets
Content info: 297 Pages
Delivery time: 1-2 business days
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Description

The smart grid market is projected to reach USD 103.4 billion by 2026 from an estimated USD 43.1 billion in 2021, at a CAGR of 19.1% during the forecast period. Governments worldwide are undertaking many initiatives to meet the future electricity demands and focusing on reducing carbon footprint by promoting the use of renewable energy sources to produce energy. Increasing need of efficiency and stability of electric grid are expected to offer lucrative opportunities for the smart grid market during the forecast period. However, high installation costs of smart grid acts as a restraint for the installing the smart grid systems.

"The software segment by component is expected to grow at the highest CAGR from 2021 to 2026."

Based on the component of smart grid systems, the software component is estimated to be the fastest-growing market from 2019 to 2026. The smart grid software helps ensure effective management of smart grid operations, improves process efficiency, and reduces energy production costs; hence, the segment captures the major market share.

"Distribution segment by application is expected to emerge as the largest segment for smart grid implementation"

The distribution segment, by application, is projected to hold the highest market share during the forecast period. Distribution substations isolate the faults in transmission systems. Distribution feeders transport power from the distribution substations to end users, serving many premises. Efficient distribution application helps in quicker restoration of electricity after power disturbances, reduces operations and management costs for utilities, and ultimately lowers the power costs for consumers.

"North America: The largest smart grid market"

North America is currently the largest smart grid market, followed by Europe and the APAC. US accounted for the maximum share of the North America market in 2020. It is also projected to grow at the highest CAGR from 2021 to 2026. One of the key reasons for the large market size is the early adoption of smart grid projects. The strong financial position of the US and Canada enables them to invest heavily in smart infrastructure platforms of the smart grid market.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%

By Designation: C-Level- 30%, Director Level- 25%, and Others- 45%

By Region: Asia Pacific- 40%, North America- 25%, Europe- 20%, the Middle East & Africa- 10%, and South America- 5%

Note: Others includes sales managers, engineers, and regional managers.

Note: The tiers of the companies are defined on the basis of their total revenues as of 20120. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million

The leading players in the smart grid market include GE (US), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), Itron (US).

Research Coverage:

The report defines, describes, and forecasts the global smart grid market, by component, by application, by communication technology, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the smart grid market.

Key Benefits of Buying the Report

1. The report identifies and addresses the key markets for smart grid, which would help smart grid manufacturers review the growth in demand.

2. The report helps system providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.

3. The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.

Table of Contents
Product Code: EP 7997

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 STUDY OBJECTIVES
  • 1.2 MARKET DEFINITION
  • 1.3 INCLUSIONS AND EXCLUSIONS
    • 1.3.1 SMART GRID MARKET, BY COMPONENT
    • 1.3.2 SMART GRID MARKET, BY APPLICATION
    • 1.3.3 SMART GRID MARKET, BY COMMUNICATION TECHNOLOGY
  • 1.4 STUDY SCOPE
    • 1.4.1 MARKETS COVERED
    • 1.4.2 GEOGRAPHIC SCOPE
    • 1.4.3 YEARS CONSIDERED
  • 1.5 CURRENCY
  • 1.6 LIMITATIONS
  • 1.7 STAKEHOLDERS
  • 1.8 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

  • 2.1 RESEARCH DATA
    • FIGURE 1 SMART GRID MARKET: RESEARCH DESIGN
    • 2.1.1 SECONDARY DATA
      • 2.1.1.1 Key data from secondary sources
    • 2.1.2 PRIMARY DATA
      • 2.1.2.1 Key data from primary sources
      • 2.1.2.2 Breakdown of primaries
    • FIGURE 2 BREAKDOWN OF PRIMARIES
  • 2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
    • FIGURE 3 DATA TRIANGULATION METHODOLOGY
  • 2.3 MARKET SIZE ESTIMATION
    • 2.3.1 BOTTOM-UP APPROACH
    • FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
    • 2.3.2 TOP-DOWN APPROACH
    • FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    • 2.3.3 DEMAND-SIDE ANALYSIS
    • FIGURE 6 METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR SMART GRIDS
      • 2.3.3.1 Calculation for demand side
      • 2.3.3.2 Assumptions for demand-side analysis
    • 2.3.4 SUPPLY-SIDE ANALYSIS
    • FIGURE 7 METRICS CONSIDERED TO ASSESS SUPPLY SIDE OF SMART GRID MARKET
    • FIGURE 8 SMART GRID MARKET: SUPPLY-SIDE ANALYSIS
      • 2.3.4.1 Supply-side calculation
      • 2.3.4.2 Assumptions for supply-side analysis
    • 2.3.5 FORECAST

3 EXECUTIVE SUMMARY

    • TABLE 1 SNAPSHOT OF SMART GRID MARKET
    • FIGURE 9 SOFTWARE SEGMENT TO ACCOUNT FOR LARGEST SHARE OF SMART GRID MARKET, BY COMPONENT, IN 2026
    • FIGURE 10 SMART GRID DISTRIBUTION MANAGEMENT SOFTWARE TO LEAD SMART GRID MARKET IN 2026
    • FIGURE 11 SMART METERS TO LEAD SMART GRID MARKET, BY HARDWARE, 2026
    • FIGURE 12 DEPLOYMENT AND INTEGRATION SERVICES TO DOMINATE SMART GRID MARKET IN 2026
    • FIGURE 13 DISTRIBUTION APPLICATION TO CONTINUE TO HOLD LARGEST SIZE OF SMART GRID MARKET THROUGHOUT FORECAST PERIOD
    • FIGURE 14 WIRELINE COMMUNICATION TECHNOLOGY TO ACCOUNT FOR LARGEST SIZE OF SMART GRID MARKET IN 2026
    • FIGURE 15 NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF SMART GRID MARKET IN 2020

4 PREMIUM INSIGHTS

  • 4.1 ATTRACTIVE OPPORTUNITIES IN SMART GRID MARKET
    • FIGURE 16 MODERNIZATION OF AGING GRID INFRASTRUCTURE AND IMPLEMENTATION OF SMART METERS TO PROPEL SMART GRID MARKET GROWTH DURING 2021-2026
  • 4.2 SMART GRID MARKET IN NORTH AMERICA, BY COMPONENT AND COUNTRY
    • FIGURE 17 US HELD LARGEST SHARE OF NORTH AMERICAN SMART GRID MARKET IN 2020
  • 4.3 SMART GRID MARKET, BY COMPONENT
    • FIGURE 18 SOFTWARE COMPONENTS HELD LARGEST SHARE OF GLOBAL SMART GRID MARKET IN 2020
  • 4.4 SMART GRID MARKET FOR SOFTWARE, BY TYPE
    • FIGURE 19 SMART GRID DISTRIBUTION MANAGEMENT SOFTWARE CAPTURED MAJOR MARKET SHARE IN 2020
  • 4.5 SMART GRID MARKET FOR HARDWARE, BY TYPE
    • FIGURE 20 SMART METERS ACCOUNTED FOR LARGEST SHARE OF SMART GRID MARKET IN 2020
  • 4.6 SMART GRID MARKET FOR SERVICES, BY TYPE
    • FIGURE 21 DEPLOYMENT AND INTEGRATION SERVICES HELD LARGEST SHARE OF SMART GRID MARKET IN 2020
  • 4.7 SMART GRID MARKET, BY APPLICATION
    • FIGURE 22 DISTRIBUTION APPLICATION ACCOUNTED FOR LARGEST SHARE OF SMART GRID MARKET IN 2020
  • 4.8 SMART GRID MARKET, BY COMMUNICATION TECHNOLOGY
    • FIGURE 23 WIRELINE COMMUNICATION TECHNOLOGY ACCOUNTED FOR LARGEST SHARE OF SMART GRID MARKET IN 2020
  • 4.9 SMART GRID MARKET, BY REGION
    • FIGURE 24 ASIA PACIFIC TO RECORD HIGHEST CAGR IN SMART GRID MARKET DURING FORECAST PERIOD

5 MARKET OVERVIEW

  • 5.1 INTRODUCTION
  • 5.2 COVID-19 HEALTH ASSESSMENT
    • FIGURE 25 COVID-19 GLOBAL PROPAGATION
    • FIGURE 26 COVID-19 PROPAGATION IN SELECTED COUNTRIES
  • 5.3 ROAD TO RECOVERY
    • FIGURE 27 RECOVERY ROAD FOR 2020 AND 2021
  • 5.4 COVID-19 ECONOMIC ASSESSMENT
    • FIGURE 28 REVISED GDP FOR SELECT G20 COUNTRIES IN 2020
  • 5.5 MARKET DYNAMICS
    • FIGURE 29 SMART GRID MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
    • 5.5.1 DRIVERS
      • 5.5.1.1 Supportive regulatory framework of governments worldwide to promote deployment of smart grids
    • FIGURE 30 SHARE OF DIGITAL GRID INFRASTRUCTURE IN GLOBAL ELECTRICITY INVESTMENT (2014-2019)
      • 5.5.1.2 Improved grid reliability and efficient outage response
      • 5.5.1.3 Increased awareness about carbon footprint management
    • FIGURE 31 GLOBAL ENERGY-RELATED CO2 EMISSIONS (1990-2050)
      • 5.5.1.4 Strong focus on modernization of aging grid infrastructure
    • FIGURE 32 ICT (INFORMATION AND COMMUNICATION TECHN0LOGY) ELECTRICITY DEMAND
    • FIGURE 33 ELECTRICITY DEMAND BY NETWORK-ENABLED DEVICES
    • 5.5.2 RESTRAINTS
      • 5.5.2.1 High installation cost of smart grids
      • 5.5.2.2 Low awareness of protocols and interoperability standards
    • 5.5.3 OPPORTUNITIES
      • 5.5.3.1 Creating opportunities for existing utility vendors and emerging players
      • 5.5.3.2 Ongoing smart city projects in developing countries
      • 5.5.3.3 Increasing inclination of automobile companies to manufacture electric vehicles based on V2G technology
    • FIGURE 34 WORLDWIDE EV SALES, MILLION UNITS, 2017-2020
      • 5.5.3.4 Anticipated shift from on-premises to cloud-based systems
    • 5.5.4 CHALLENGES
      • 5.5.4.1 Proper storage and management of complex data generated by smart grid infrastructure
      • 5.5.4.2 Cybersecurity and vulnerability issues faced by smart grid networks
    • FIGURE 35 ENTRY POINTS FOR CYBERATTACKS
      • 5.5.4.3 Longer duration of return on investment for utility service providers
  • 5.6 TRENDS
    • 5.6.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR SMART GRID MANUFACTURERS
    • FIGURE 36 REVENUE SHIFT FOR SMART GRID
  • 5.7 MARKET MAP
    • FIGURE 37 MARKET MAP FOR SMART GRID
    • TABLE 2 SMART GRID: SUPPLY CHAIN/ECOSYSTEM
  • 5.8 VALUE CHAIN ANALYSIS
    • FIGURE 38 SMART GRID VALUE CHAIN ANALYSIS
    • 5.8.1 RAW MATERIAL PROVIDERS/SUPPLIERS
    • 5.8.2 SMART GRID MANUFACTURERS/ASSEMBLERS
    • 5.8.3 DISTRIBUTORS (BUYERS)/END USERS
    • 5.8.4 POST-SALES SERVICE PROVIDERS
  • 5.9 TECHNOLOGY ANALYSIS
    • 5.9.1 SMART GRIDS BASED ON DIFFERENT TECHNOLOGIES
    • TABLE 3 SMART GRID MARKET: LIST OF FEW TECHNOLOGIES AND THEIR APPLICATIONS
    • TABLE 4 MAJOR DIFFERENCES BETWEEN CONVENTIONAL POWER GRID AND SMART GRID
  • 5.10 SMART GRID: CODES AND REGULATIONS
    • TABLE 5 SMART GRID: CODES AND REGULATIONS
  • 5.11 INNOVATION AND PATENT REGISTRATION
    • TABLE 6 SMART GRID: INNOVATION AND PATENT REGISTRATION
  • 5.12 PORTER'S FIVE FORCES ANALYSIS
    • FIGURE 39 PORTER'S FIVE FORCES ANALYSIS FOR SMART GRID MARKET
    • TABLE 7 SMART GRID MARKET: PORTER'S FIVE FORCES ANALYSIS
    • 5.12.1 THREAT OF SUBSTITUTES
    • 5.12.2 BARGAINING POWER OF SUPPLIERS
    • 5.12.3 BARGAINING POWER OF BUYERS
    • 5.12.4 THREAT OF NEW ENTRANTS
    • 5.12.5 INTENSITY OF COMPETITIVE RIVALRY
  • 5.13 CASE STUDY ANALYSIS
    • 5.13.1 STANDALONE/DECENTRALIZED MICROGRID PROVIDED BASIC ENERGY ACCESS TO ALL (INDIA)
    • 5.13.2 TRILLIANT PROVIDED HYDRO ONE WITH SECUREMESH SOLUTION TO HARNESS BENEFITS OF SMART METERING AND DISTRIBUTION
    • 5.13.3 SIEMENS PROVIDED TIA SOLUTIONS OF TESCO FOR WATER MANAGEMENT TO HOBBS

6 SMART GRID MARKET, BY COMPONENT

  • 6.1 INTRODUCTION
    • FIGURE 40 SMART GRID MARKET SHARE FOR EACH COMPONENT, 2020 (%)
    • TABLE 8 SMART GRID MARKET, BY COMPONENT, 2019-2026 (USD MILLION)
  • 6.2 SOFTWARE
    • FIGURE 41 SMART GRID MARKET SHARE FOR EACH SOFTWARE COMPONENT, 2020 (%)
    • TABLE 9 SMART GRID MARKET FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 10 SMART GRID MARKET FOR SOFTWARE, BY REGION, 2019-2026 (USD MILLION)
    • 6.2.1 ADVANCED METERING INFRASTRUCTURE
      • 6.2.1.1 Stringent regulations and mandates by legislative bodies to reduce energy consumption and increase energy efficiency boost demand for AMI
    • TABLE 11 SMART GRID MARKET FOR ADVANCED METERING INFRASTRUCTURE, BY REGION, 2019-2026 (USD MILLION)
    • 6.2.2 SMART GRID DISTRIBUTION MANAGEMENT
      • 6.2.2.1 High adoption of renewable energy sources and increased number of distributed renewable power generation plants augment need for Smart Grid Distribution Management software
    • TABLE 12 SMART GRID MARKET FOR SMART GRID DISTRIBUTION MANAGEMENT, BY REGION, 2019-2026 (USD MILLION)
    • 6.2.3 SMART GRID NETWORK MANAGEMENT
      • 6.2.3.1 Increased use of renewable energy and limited capacity of traditional electricity grids to generate renewable energy stimulate demand for Smart Grid Network Management software
    • TABLE 13 SMART GRID MARKET FOR SMART GRID NETWORK MANAGEMENT, BY REGION, 2019-2026 (USD MILLION)
    • 6.2.4 GRID ASSET MANAGEMENT
      • 6.2.4.1 Strong need to reduce failure and repair costs of grids spurs deployment of Grid Asset Management software
    • TABLE 14 SMART GRID MARKET FOR GRID ASSET MANAGEMENT, BY REGION, 2019-2026 (USD MILLION)
    • 6.2.5 SUBSTATION AUTOMATION
      • 6.2.5.1 Superior ability of Substation Automation software to recover power at faster rate and prevent blackouts in power systems triggers its adoption by smart grid system manufacturers
    • TABLE 15 SMART GRID MARKET FOR SUBSTATION AUTOMATION, BY REGION, 2019-2026 (USD MILLION)
    • 6.2.6 SMART GRID SECURITY
      • 6.2.6.1 Heightened threat of cyberattacks on smart grids creates need for Smart Grid Security software
    • TABLE 16 SMART GRID MARKET FOR SMART GRID SECURITY, BY REGION, 2019-2026 (USD MILLION)
    • 6.2.7 BILLING AND CUSTOMER INFORMATION SYSTEM
      • 6.2.7.1 Elevated demand for efficient billing and information collection capabilities encourages use of Billing and Customer Information System
    • TABLE 17 SMART GRID MARKET FOR BILLING AND CUSTOMER INFORMATION SYSTEM, BY REGION, 2019-2026 (USD MILLION)
  • 6.3 HARDWARE
    • FIGURE 42 SMART GRID MARKET SHARE FOR EACH HARDWARE COMPONENT, 2020 (%)
    • TABLE 18 SMART GRID MARKET FOR HARDWARE COMPONENT, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 19 SMART GRID MARKET FOR HARDWARE, BY REGION, 2019-2026 (USD MILLION)
    • 6.3.1 SMART METERS
      • 6.3.1.1 High emphasis on energy savings by using energy-efficient appliances accelerates demand for smart meters
    • TABLE 20 SMART GRID MARKET FOR SMART METERS, BY REGION, 2019-2026 (USD MILLION)
    • 6.3.2 SENSORS
      • 6.3.2.1 Distinguished ability of sensors to identify risks well in advance promotes their use in smart grids
    • TABLE 21 SMART GRID MARKET FOR SENSORS, BY REGION, 2019-2026 (USD MILLION)
    • 6.3.3 PROGRAMMABLE LOGIC CONTROLLERS
      • 6.3.3.1 Rugged design of PLCs makes them suitable for repetitive tasks and improved communication bandwidth, enabling their use to make logic-based decisions
    • TABLE 22 SMART GRID MARKET FOR PROGRAMMABLE LOGIC CONTROLLERS, BY REGION, 2019-2026 (USD MILLION)
    • 6.3.4 OTHERS
    • TABLE 23 SMART GRID MARKET FOR OTHER HARDWARE COMPONENTS, BY REGION, 2019-2026 (USD MILLION)
  • 6.4 SERVICES
    • FIGURE 43 SMART GRID MARKET SHARE FOR EACH SERVICE TYPE, 2020 (%)
    • TABLE 24 SMART GRID MARKET FOR SERVICES, BY SERVICES TYPE, 2019-2026 (USD MILLION)
    • TABLE 25 SMART GRID MARKET FOR SERVICES, BY REGION, 2019-2026 (USD MILLION)
    • 6.4.1 CONSULTING
      • 6.4.1.1 Need to deliver maximum product assurance drives demand for consulting services
    • TABLE 26 SMART GRID MARKET FOR CONSULTING SERVICES, BY REGION, 2019-2026 (USD MILLION)
    • 6.4.2 DEPLOYMENT AND INTEGRATION
      • 6.4.2.1 Requirement to streamline operations of smart grid components boosts adoption of deployment and integration services
    • TABLE 27 SMART GRID MARKET FOR DEPLOYMENT AND INTEGRATION SERVICES, BY REGION, 2019-2026 (USD MILLION)
    • 6.4.3 SUPPORT AND MAINTENANCE
      • 6.4.3.1 Necessity of support and maintenance services to ensure reduced downtime of operations and higher productivity of smart grids
    • TABLE 28 SMART GRID MARKET FOR SUPPORT AND MAINTENANCE SERVICES, BY REGION, 2019-2026 (USD MILLION)

7 SMART GRID MARKET, BY APPLICATION

  • 7.1 INTRODUCTION
    • FIGURE 44 SMART GRID MARKET, BY APPLICATION, 2020 (%)
    • TABLE 29 SMART GRID MARKET, BY APPLICATION, 2019-2026 (USD MILLION)
  • 7.2 GENERATION
    • 7.2.1 SMART GRIDS HELP POWER GENERATION RESOURCES TO OPTIMIZE ENERGY PRODUCTION
    • TABLE 30 SMART GRID MARKET FOR GENERATION APPLICATION, BY REGION, 2019-2026 (USD MILLION)
  • 7.3 TRANSMISSION
    • 7.3.1 EFFICIENT AUTOMATED TRANSMISSION NETWORK CARRIES POWER FROM BULK GENERATION FACILITIES TO POWER DISTRIBUTION SYSTEMS
    • TABLE 31 SMART GRID MARKET FOR TRANSMISSION APPLICATION, BY REGION, 2019-2026 (USD MILLION)
  • 7.4 DISTRIBUTION
    • 7.4.1 DISTRIBUTION SUBSTATIONS ARE LIKELY TO WITNESS HIGH DEMAND FROM NORTH AMERICA
    • TABLE 32 SMART GRID MARKET FOR DISTRIBUTION APPLICATION, BY REGION, 2019-2026 (USD MILLION)
  • 7.5 CONSUMPTION
    • 7.5.1 UNIVERSAL ACCEPTANCE OF ELECTRICAL APPLIANCES HAS LED TO INCREASING POWER CONSUMPTION
    • TABLE 33 SMART GRID MARKET FOR CONSUMPTION APPLICATION, BY REGION, 2019-2026 (USD MILLION)

8 SMART GRID MARKET, BY COMMUNICATION TECHNOLOGY

  • 8.1 INTRODUCTION
    • FIGURE 45 SMART GRID MARKET, BY COMMUNICATION TECHNOLOGY, 2020 (%)
    • TABLE 34 SMART GRID MARKET, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
  • 8.2 WIRELINE COMMUNICATION TECHNOLOGY
    • 8.2.1 INCREASED NEED FOR EFFECTIVE COMMUNICATION TO DRIVE REQUIREMENT FOR WIRELINE COMMUNICATION TECHNOLOGY-BASED SMART GRIDS
    • TABLE 35 SMART GRID MARKET FOR WIRELINE COMMUNICATION TECHNOLOGY, BY REGION, 2019-2026 (USD MILLION)
  • 8.3 WIRELESS COMMUNICATION TECHNOLOGY
    • 8.3.1 REDUCED MAINTENANCE COST AND EASY ACCESSIBILITY OF DATA FROM REMOTE LOCATIONS TO BOOST DEMAND FOR WIRELESS COMMUNICATION TECHNOLOGY-BASED SMART GRIDS
    • TABLE 36 SMART GRID MARKET FOR WIRELESS COMMUNICATION TECHNOLOGY, BY REGION, 2019-2026 (USD MILLION)

9 GEOGRAPHIC ANALYSIS

  • 9.1 INTRODUCTION
    • FIGURE 46 SMART GRID MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR FROM 2021 TO 2026
    • FIGURE 47 SMART GRID MARKET SHARE FOR EACH REGION, 2020 (%)
    • TABLE 37 SMART GRID MARKET, BY REGION, 2019-2026 (USD MILLION)
  • 9.2 NORTH AMERICA
    • FIGURE 48 NORTH AMERICA: SNAPSHOT, 2020
    • 9.2.1 BY COMPONENT
    • TABLE 38 SMART GRID MARKET IN NORTH AMERICA, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 39 SMART GRID MARKET IN NORTH AMERICA FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 40 SMART GRID MARKET IN NORTH AMERICA FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 41 SMART GRID MARKET IN NORTH AMERICA FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
    • 9.2.2 BY APPLICATION
    • TABLE 42 SMART GRID MARKET IN NORTH AMERICA, BY APPLICATION, 2019-2026 (USD MILLION)
    • 9.2.3 BY COMMUNICATION TECHNOLOGY
    • TABLE 43 SMART GRID MARKET IN NORTH AMERICA, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
    • 9.2.4 BY COUNTRY
    • TABLE 44 SMART GRID MARKET IN NORTH AMERICA, BY COUNTRY, 2019-2026 (USD MILLION)
      • 9.2.4.1 US
        • 9.2.4.1.1 Heavy investments in digitalization of electricity infrastructure and data analytics by power industry propel smart grid market growth in United States
        • 9.2.4.1.2 By component
    • TABLE 45 SMART GRID MARKET IN US, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 46 SMART GRID MARKET IN US FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 47 SMART GRID MARKET IN US FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 48 SMART GRID MARKET IN US FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.2.4.1.3 By application
    • TABLE 49 SMART GRID MARKET IN US, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.2.4.1.4 By communication technology
    • TABLE 50 SMART GRID MARKET IN US, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.2.4.2 Canada
        • 9.2.4.2.1 High investments by government in utility-led projects to reduce GHG emissions and upgrade electric grid infrastructure stimulate smart grid market growth in Canada
        • 9.2.4.2.2 By component
    • TABLE 51 SMART GRID MARKET IN CANADA, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 52 SMART GRID MARKET IN CANADA FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 53 SMART GRID MARKET IN CANADA FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 54 SMART GRID MARKET IN CANADA FOR SERVICES, BYTYPE, 2019-2026 (USD MILLION)
        • 9.2.4.2.3 By application
    • TABLE 55 SMART GRID MARKET IN CANADA, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.2.4.2.4 By communication technology
    • TABLE 56 SMART GRID MARKET IN CANADA, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.2.4.3 Mexico
        • 9.2.4.3.1 Massive rollout plans and government support for smart meters accelerate smart grid market growth
        • 9.2.4.3.2 By component
    • TABLE 57 SMART GRID MARKET IN MEXICO, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 58 SMART GRID MARKET IN MEXICO FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 59 SMART GRID MARKET IN MEXICO FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 60 SMART GRID MARKET IN MEXICO FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.2.4.3.3 By application
    • TABLE 61 SMART GRID MARKET IN MEXICO, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.2.4.3.4 By communication technology
    • TABLE 62 SMART GRID MARKET IN MEXICO, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
  • 9.3 EUROPE
    • FIGURE 49 EUROPE: MARKET SNAPSHOT, 2020
    • 9.3.1 BY COMPONENT
    • TABLE 63 SMART GRID MARKET IN EUROPE, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 64 SMART GRID MARKET IN EUROPE FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 65 SMART GRID MARKET IN EUROPE FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 66 SMART GRID MARKET IN EUROPE FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
    • 9.3.2 BY APPLICATION
    • TABLE 67 SMART GRID MARKET IN EUROPE, BY APPLICATION, 2019-2026 (USD MILLION)
    • 9.3.3 BY COMMUNICATION TECHNOLOGY
    • TABLE 68 SMART GRID MARKET IN EUROPE, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
    • 9.3.4 BY COUNTRY
    • TABLE 69 SMART GRID MARKET IN EUROPE, BY COUNTRY, 2019-2026 (USD MILLION)
      • 9.3.4.1 UK
        • 9.3.4.1.1 Smart grid technology to help UK transform into low-carbon economy, meet its carbon reduction targets, and ensure energy security
        • 9.3.4.1.2 By component
    • TABLE 70 SMART GRID MARKET IN UK, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 71 SMART GRID MARKET IN UK FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 72 SMART GRID MARKET IN UK FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 73 SMART GRID MARKET IN UK FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.3.4.1.3 By application
    • TABLE 74 SMART GRID MARKET IN UK, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.3.4.1.4 By communication technology
    • TABLE 75 SMART GRID MARKET IN UK, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.3.4.2 Germany
        • 9.3.4.2.1 Smart meter installment has made tracking energy usage easier
        • 9.3.4.2.2 By component
    • TABLE 76 SMART GRID MARKET IN GERMANY, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 77 SMART GRID MARKET IN GERMANY FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 78 SMART GRID MARKET IN GERMANY FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 79 SMART GRID MARKET IN GERMANY FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.3.4.2.3 By application
    • TABLE 80 SMART GRID MARKET IN GERMANY, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.3.4.2.4 By communication technology
    • TABLE 81 SMART GRID MARKET IN GERMANY, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.3.4.3 France
        • 9.3.4.3.1 Strong need for efficient grid operations propelling market growth
        • 9.3.4.3.2 By component
    • TABLE 82 SMART GRID MARKET IN FRANCE, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 83 SMART GRID MARKET IN FRANCE FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 84 SMART GRID MARKET IN FRANCE FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 85 SMART GRID MARKET IN FRANCE FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.3.4.3.3 By application
    • TABLE 86 SMART GRID MARKET IN FRANCE, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.3.4.3.4 By communication technology
    • TABLE 87 SMART GRID MARKET IN FRANCE, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.3.4.4 Italy
        • 9.3.4.4.1 Italy is known for its aggressive smart meter rollout
        • 9.3.4.4.2 By component
    • TABLE 88 SMART GRID MARKET IN ITALY, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 89 SMART GRID MARKET IN ITALY FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 90 SMART GRID MARKET IN ITALY FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 91 SMART GRID MARKET IN ITALY FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.3.4.4.3 By application
    • TABLE 92 SMART GRID MARKET IN ITALY, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.3.4.4.4 By communication technology
    • TABLE 93 SMART GRID MARKET IN ITALY, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.3.4.5 Russia
        • 9.3.4.5.1 Urgent requirement to improve power transmission networks boosts demand for smart grid technology in Russia
        • 9.3.4.5.2 By component
    • TABLE 94 SMART GRID MARKET IN RUSSIA, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 95 SMART GRID MARKET IN RUSSIA FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 96 SMART GRID MARKET IN RUSSIA FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 97 SMART GRID MARKET IN RUSSIA FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.3.4.5.3 By application
    • TABLE 98 SMART GRID MARKET IN RUSSIA, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.3.4.5.4 By communication technology
    • TABLE 99 SMART GRID MARKET IN RUSSIA, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.3.4.6 Rest of Europe
        • 9.3.4.6.1 By component
    • TABLE 100 SMART GRID MARKET IN REST OF EUROPE, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 101 SMART GRID MARKET IN REST OF EUROPE FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 102 SMART GRID MARKET IN REST OF EUROPE FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 103 SMART GRID MARKET IN REST OF EUROPE FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.3.4.6.2 By application
    • TABLE 104 SMART GRID MARKET IN REST OF EUROPE, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.3.4.6.3 By communication technology
    • TABLE 105 SMART GRID MARKET IN REST OF EUROPE, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
  • 9.4 ASIA PACIFIC
    • 9.4.1 BY COMPONENT
    • TABLE 106 SMART GRID MARKET IN ASIA PACIFIC, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 107 SMART GRID MARKET IN ASIA PACIFIC FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 108 SMART GRID MARKET IN ASIA PACIFIC FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 109 SMART GRID MARKET IN ASIA PACIFIC FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
    • 9.4.2 BY APPLICATION
    • TABLE 110 SMART GRID MARKET IN ASIA PACIFIC, BY APPLICATION, 2019-2026 (USD MILLION)
    • 9.4.3 BY COMMUNICATION TECHNOLOGY
    • TABLE 111 SMART GRID MARKET IN ASIA PACIFIC, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
    • 9.4.4 BY COUNTRY
    • TABLE 112 SMART GRID MARKET IN ASIA PACIFIC, BY COUNTRY, 2019-2026 (USD MILLION)
      • 9.4.4.1 China
        • 9.4.4.1.1 Increased deployment of solar PV systems fuels smart grid market growth in China
        • 9.4.4.1.2 By component
    • TABLE 113 SMART GRID MARKET IN CHINA, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 114 SMART GRID MARKET IN CHINA FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 115 SMART GRID MARKET IN CHINA FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 116 SMART GRID MARKET IN CHINA FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.4.4.1.3 By application
    • TABLE 117 SMART GRID MARKET IN CHINA, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.4.4.1.4 By communication technology
    • TABLE 118 SMART GRID MARKET IN CHINA, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.4.4.2 Japan
        • 9.4.4.2.1 Japan installed smart meters to host Olympic games in 2020
        • 9.4.4.2.2 By component
    • TABLE 119 SMART GRID MARKET IN JAPAN, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 120 SMART GRID MARKET IN JAPAN FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 121 SMART GRID MARKET IN JAPAN FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 122 SMART GRID MARKET IN JAPAN FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.4.4.2.3 By application
    • TABLE 123 SMART GRID MARKET IN JAPAN, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.4.4.2.4 By communication technology
    • TABLE 124 SMART GRID MARKET IN JAPAN, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.4.4.3 India
        • 9.4.4.3.1 Government policies for energy access, high adoption of renewable resources, and increased number of smart city projects are pushing India's smart grid market growth
        • 9.4.4.3.2 By component
    • TABLE 125 SMART GRID MARKET IN INDIA, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 126 SMART GRID MARKET IN INDIA FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 127 SMART GRID MARKET IN INDIA FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 128 SMART GRID MARKET IN INDIA FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.4.4.3.3 By application
    • TABLE 129 SMART GRID MARKET IN INDIA, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.4.4.3.4 By communication technology
    • TABLE 130 SMART GRID MARKET IN INDIA, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.4.4.4 South Korea
        • 9.4.4.4.1 Urgent need to build smart infrastructure for providing consumer, transportation, electricity, and several other services creates demand for smart grid technology
        • 9.4.4.4.2 By component
    • TABLE 131 SMART GRID MARKET IN SOUTH KOREA, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 132 SMART GRID MARKET IN SOUTH KOREA FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 133 SMART GRID MARKET IN SOUTH KOREA FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 134 SMART GRID MARKET IN SOUTH KOREA FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.4.4.4.3 By application
    • TABLE 135 SMART GRID MARKET IN SOUTH KOREA, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.4.4.4.4 By communication technology
    • TABLE 136 SMART GRID MARKET IN SOUTH KOREA, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.4.4.5 Australia
        • 9.4.4.5.1 Immediate requirement to increase operational efficiency of utilities sector spurs demand for smart grids
        • 9.4.4.5.2 By component
    • TABLE 137 SMART GRID MARKET IN AUSTRALIA, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 138 SMART GRID MARKET IN AUSTRALIA FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 139 SMART GRID MARKET IN AUSTRALIA FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 140 SMART GRID MARKET IN AUSTRALIA FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.4.4.5.3 By application
    • TABLE 141 SMART GRID MARKET IN AUSTRALIA, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.4.4.5.4 By communication technology
    • TABLE 142 SMART GRID MARKET IN AUSTRALIA, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.4.4.6 Rest of Asia Pacific
        • 9.4.4.6.1 By component
    • TABLE 143 SMART GRID MARKET IN REST OF ASIA PACIFIC, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 144 SMART GRID MARKET IN REST OF ASIA PACIFIC FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 145 SMART GRID MARKET IN REST OF ASIA PACIFIC FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 146 SMART GRID MARKET IN REST OF ASIA PACIFIC FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.4.4.6.2 By application
    • TABLE 147 SMART GRID MARKET IN REST OF ASIA PACIFIC, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.4.4.6.3 By communication technology
    • TABLE 148 SMART GRID MARKET IN REST OF ASIA PACIFIC, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
  • 9.5 MIDDLE EAST AND AFRICA
    • 9.5.1 BY COMPONENT
    • TABLE 149 SMART GRID MARKET IN MIDDLE EAST AND AFRICA, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 150 SMART GRID MARKET IN MIDDLE EAST AND AFRICA FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 151 SMART GRID MARKET IN MIDDLE EAST AND AFRICA FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 152 SMART GRID MARKET IN MIDDLE EAST AND AFRICA FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
    • 9.5.2 BY APPLICATION
    • TABLE 153 SMART GRID MARKET IN MIDDLE EAST AND AFRICA, BY APPLICATION, 2019-2026 (USD MILLION)
    • 9.5.3 BY COMMUNICATION TECHNOLOGY
    • TABLE 154 SMART GRID MARKET IN MIDDLE EAST AND AFRICA, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
    • 9.5.4 BY COUNTRY
    • TABLE 155 SMART GRID MARKET IN MIDDLE EAST AND AFRICA, BY COUNTRY, 2019-2026 (USD MILLION)
      • 9.5.4.1 UAE
        • 9.5.4.1.1 Strong focus of country on using renewable sources to produce energy by 2030 would accelerate demand for smart grid technology
        • 9.5.4.1.2 By component
    • TABLE 156 SMART GRID MARKET IN UAE, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 157 SMART GRID MARKET IN UAE FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 158 SMART GRID MARKET IN UAE FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 159 SMART GRID MARKET IN UAE FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.5.4.1.3 By application
    • TABLE 160 SMART GRID MARKET IN UAE, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.5.4.1.4 By communication technology
    • TABLE 161 SMART GRID MARKET IN UAE, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.5.4.2 Saudi Arabia
        • 9.5.4.2.1 Rapid development of advanced transmission systems would propel smart grid market growth in Saudi Arabia
        • 9.5.4.2.2 By component
    • TABLE 162 SMART GRID MARKET IN SAUDI ARABIA, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 163 SMART GRID MARKET IN SAUDI ARABIA FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 164 SMART GRID MARKET IN SAUDI ARABIA FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 165 SMART GRID MARKET IN SAUDI ARABIA FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.5.4.2.3 By application
    • TABLE 166 SMART GRID MARKET IN SAUDI ARABIA, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.5.4.2.4 By communication technology
    • TABLE 167 SMART GRID MARKET IN SAUDI ARABIA, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.5.4.3 Qatar
        • 9.5.4.3.1 Desperate need to upgrade energy transmission and distribution networks promotes use of smart grid technology in Qatar
        • 9.5.4.3.2 By component
    • TABLE 168 SMART GRID MARKET IN QATAR, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 169 SMART GRID MARKET IN QATAR FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 170 SMART GRID MARKET IN QATAR FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 171 SMART GRID MARKET IN QATAR FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.5.4.3.3 By application
    • TABLE 172 SMART GRID MARKET IN QATAR, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.5.4.3.4 By communication technology
    • TABLE 173 SMART GRID MARKET IN QATAR, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.5.4.4 South Africa
        • 9.5.4.4.1 Immediate need to reduce utility debt drives adoption of smart grid solutions
        • 9.5.4.4.2 By component
    • TABLE 174 SMART GRID MARKET IN SOUTH AFRICA, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 175 SMART GRID MARKET IN SOUTH AFRICA FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 176 SMART GRID MARKET IN SOUTH AFRICA FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 177 SMART GRID MARKET IN SOUTH AFRICA FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.5.4.4.3 By application
    • TABLE 178 SMART GRID MARKET IN SOUTH AFRICA, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.5.4.4.4 By communication technology
    • TABLE 179 SMART GRID MARKET IN SOUTH AFRICA, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.5.4.5 Rest of Middle East and Africa
        • 9.5.4.5.1 By component
    • TABLE 180 SMART GRID MARKET IN REST OF MIDDLE EAST AND AFRICA, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 181 SMART GRID MARKET IN REST OF MIDDLE EAST AND AFRICA FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 182 SMART GRID MARKET IN REST OF MIDDLE EAST AND AFRICA FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 183 SMART GRID MARKET IN REST OF MIDDLE EAST AND AFRICA FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.5.4.5.2 By application
    • TABLE 184 SMART GRID MARKET IN REST OF MIDDLE OF EAST AND AFRICA, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.5.4.5.3 By communication technology
    • TABLE 185 SMART GRID MARKET IN REST OF MIDDLE EAST AND AFRICA, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
  • 9.6 SOUTH AMERICA
    • 9.6.1 BY COMPONENT
    • TABLE 186 SMART GRID MARKET IN SOUTH AMERICA, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 187 SMART GRID MARKET IN SOUTH AMERICA FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 188 SMART GRID MARKET IN SOUTH AMERICA FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 189 SMART GRID MARKET IN SOUTH AMERICA FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
    • 9.6.2 BY APPLICATION
    • TABLE 190 SMART GRID MARKET IN SOUTH AMERICA, BY APPLICATION, 2019-2026 (USD MILLION)
    • 9.6.3 BY COMMUNICATION TECHNOLOGY
    • TABLE 191 SMART GRID MARKET IN SOUTH AMERICA, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
    • 9.6.4 BY COUNTRY
    • TABLE 192 SMART GRID MARKET IN SOUTH AMERICA, BY COUNTRY, 2019-2026 (USD MILLION)
      • 9.6.4.1 Brazil
        • 9.6.4.1.1 Surging need to improve operational efficiency boosts demand for smart grid systems
        • 9.6.4.1.2 By component
    • TABLE 193 SMART GRID MARKET IN BRAZIL, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 194 SMART GRID MARKET IN BRAZIL FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 195 SMART GRID MARKET IN BRAZIL FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 196 SMART GRID MARKET IN BRAZIL FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.6.4.1.3 By application
    • TABLE 197 SMART GRID MARKET IN BRAZIL, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.6.4.1.4 By communication technology
    • TABLE 198 SMART GRID MARKET IN BRAZIL, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.6.4.2 Argentina
        • 9.6.4.2.1 Escalating requirement to produce energy using renewable energy sources creates opportunities for smart grid market
        • 9.6.4.2.2 By component
    • TABLE 199 SMART GRID MARKET IN ARGENTINA, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 200 SMART GRID MARKET IN ARGENTINA FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 201 SMART GRID MARKET IN ARGENTINA FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 202 SMART GRID MARKET IN ARGENTINA FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.6.4.2.3 By application
    • TABLE 203 SMART GRID MARKET IN ARGENTINA, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.6.4.2.4 By communication technology
    • TABLE 204 SMART GRID MARKET IN ARGENTINA, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)
      • 9.6.4.3 Rest of South America
        • 9.6.4.3.1 By component
    • TABLE 205 SMART GRID MARKET IN REST OF SOUTH AMERICA, BY COMPONENT, 2019-2026 (USD MILLION)
    • TABLE 206 SMART GRID MARKET IN REST OF SOUTH AMERICA FOR SOFTWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 207 SMART GRID MARKET IN REST OF SOUTH AMERICA FOR HARDWARE, BY TYPE, 2019-2026 (USD MILLION)
    • TABLE 208 SMART GRID MARKET IN REST OF SOUTH AMERICA FOR SERVICES, BY TYPE, 2019-2026 (USD MILLION)
        • 9.6.4.3.2 By application
    • TABLE 209 SMART GRID MARKET IN REST OF SOUTH AMERICA, BY APPLICATION, 2019-2026 (USD MILLION)
        • 9.6.4.3.3 By communication technology
    • TABLE 210 SMART GRID MARKET IN REST OF SOUTH AMERICA, BY COMMUNICATION TECHNOLOGY, 2019-2026 (USD MILLION)

10 COMPETITIVE LANDSCAPE

  • 10.1 KEY PLAYER STRATEGIES
    • TABLE 211 OVERVIEW OF TOP PLAYERS, JANUARY 2017- MARCH 2021
  • 10.2 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS
    • TABLE 212 SMART GRID MARKET: DEGREE OF COMPETITIVE
    • FIGURE 50 SMART GRID MARKET SHARE ANALYSIS, 2020
  • 10.3 REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS
    • FIGURE 51 REVENUE ANALYSIS FOR KEY COMPANIES IN PAST 5 YEARS
  • 10.4 COMPANY EVALUATION QUADRANT
    • 10.4.1 STAR
    • 10.4.2 PERVASIVE
    • 10.4.3 EMERGING LEADER
    • 10.4.4 PARTICIPANT
    • FIGURE 52 COMPETITIVE LEADERSHIP MAPPING: SMART GRID MARKET, 2020
    • TABLE 213 COMPANY FOOTPRINT
    • TABLE 214 BY COMPONENT FOOTPRINT
    • TABLE 215 BY APPLICATION FOOTPRINT
    • TABLE 216 BY REGION FOOTPRINT
  • 10.5 COMPETITIVE SCENARIO
    • TABLE 217 SMART GRID MARKET: PRODUCT LAUNCHES, JANUARY 2017-SEPTEMBER 2021
    • TABLE 218 SMART GRID MARKET: DEALS, JANUARY 2017-DECEMBER 2020
    • TABLE 219 SMART GRID MARKET: OTHER DEVELOPMENTS, JULY 2017-SEPTEMBER 2021

11 COMPANY PROFILES

  • (Business and financial overview, Products/services/solutions offered, Recent developments & MnM View)**
  • 11.1 KEY PLAYERS
    • 11.1.1 GE
    • TABLE 220 GE: BUSINESS OVERVIEW
    • FIGURE 53 GE: COMPANY SNAPSHOT
    • TABLE 221 GE: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 222 GE: PRODUCT LAUNCHES AND DEVELOPMENTS
    • TABLE 223 GE: DEALS
    • TABLE 224 GE: OTHERS
    • 11.1.2 ABB
    • TABLE 225 ABB: BUSINESS OVERVIEW
    • FIGURE 54 ABB: COMPANY SNAPSHOT
    • TABLE 226 ABB: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 227 ABB: PRODUCT LAUNCHES AND DEVELOPMENTS
    • TABLE 228 ABB: DEALS
    • TABLE 229 ABB: OTHERS
    • 11.1.3 SIEMENS
    • TABLE 230 SIEMENS: BUSINESS OVERVIEW
    • FIGURE 55 SIEMENS: COMPANY SNAPSHOT
    • TABLE 231 SIEMENS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 232 SIEMENS: PRODUCT LAUNCHES AND DEVELOPMENTS
    • TABLE 233 SIEMENS: DEALS
    • TABLE 234 SIEMENS: OTHERS
    • 11.1.4 SCHNEIDER ELECTRIC
    • TABLE 235 SCHNEIDER ELECTRIC: BUSINESS OVERVIEW
    • FIGURE 56 SCHNEIDER ELECTRIC: COMPANY SNAPSHOT
    • TABLE 236 SCHNEIDER ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 237 SCHNEIDER ELECTRIC: DEALS
    • TABLE 238 SCHNEIDER ELECTRIC: OTHERS
    • 11.1.5 ITRON
    • TABLE 239 ITRON: BUSINESS OVERVIEW
    • FIGURE 57 ITRON: COMPANY SNAPSHOT
    • TABLE 240 ITRON: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 241 ITRON: PRODUCT LAUNCHES AND DEVELOPMENTS
    • TABLE 242 ITRON: DEALS
    • TABLE 243 ITRON: OTHERS
    • 11.1.6 CISCO
    • TABLE 244 CISCO: BUSINESS OVERVIEW
    • FIGURE 58 CISCO: COMPANY SNAPSHOT
    • TABLE 245 CISCO: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 246 CISCO: DEALS
    • 11.1.7 IBM
    • TABLE 247 IBM: BUSINESS OVERVIEW
    • FIGURE 59 IBM: COMPANY SNAPSHOT
    • TABLE 248 IBM: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 249 IBM: DEALS
    • TABLE 250 IBM: OTHERS
    • 11.1.8 ORACLE
    • TABLE 251 ORACLE: BUSINESS OVERVIEW
    • FIGURE 60 ORACLE: COMPANY SNAPSHOT
    • TABLE 252 ORACLE: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 253 ORACLE: PRODUCT LAUNCHES AND DEVELOPMENTS
    • TABLE 254 ORACLE: DEALS
    • 11.1.9 HONEYWELL
    • TABLE 255 HONEYWELL: BUSINESS OVERVIEW
    • FIGURE 61 HONEYWELL: COMPANY SNAPSHOT
    • TABLE 256 HONEYWELL: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 257 HONEYWELL: DEALS
    • TABLE 258 HONEYWELL: OTHERS
    • 11.1.10 EATON
    • TABLE 259 EATON: BUSINESS OVERVIEW
    • FIGURE 62 EATON: COMPANY SNAPSHOT
    • TABLE 260 EATON: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 261 EATON: PRODUCT LAUNCHES AND DEVELOPMENTS
    • TABLE 262 EATON: DEALS
    • TABLE 263 EATON: OTHERS
    • 11.1.11 TECH MAHINDRA
    • TABLE 264 TECH MAHINDRA: BUSINESS OVERVIEW
    • FIGURE 63 TECH MAHINDRA: COMPANY SNAPSHOT
    • TABLE 265 TECH MAHINDRA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 266 TECH MAHINDRA: DEALS
    • 11.1.12 TANTALUS
    • TABLE 267 TANTALUS: BUSINESS OVERVIEW
    • FIGURE 64 TANTALUS: COMPANY SNAPSHOT
    • TABLE 268 TANTALUS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 269 TANTALUS: PRODUCT LAUNCHES AND DEVELOPMENTS
    • TABLE 270 TANTALUS: DEALS
    • 11.1.13 MITSUBISHI ELECTRIC
    • TABLE 271 MITSUBISHI ELECTRIC: BUSINESS OVERVIEW
    • FIGURE 65 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT
    • TABLE 272 MITSUBISHI ELECTRIC: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 273 MITSUBISHI ELECTRIC: DEALS
    • 11.1.14 SAP
    • TABLE 274 SAP: BUSINESS OVERVIEW
    • FIGURE 66 SAP: COMPANY SNAPSHOT
    • TABLE 275 SAP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 276 SAP: DEALS
    • 11.1.15 WIPRO
    • TABLE 277 WIPRO: BUSINESS OVERVIEW
    • FIGURE 67 WIPRO: COMPANY SNAPSHOT
    • TABLE 278 WIPRO: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • 11.1.16 TRILLIANT HOLDINGS
    • TABLE 279 TRILLIANT HOLDINGS: BUSINESS OVERVIEW
    • TABLE 280 TRILLIANT HOLDINGS: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 281 TRILLIANT HOLDINGS: DEALS
    • 11.1.17 GLOBEMA
    • TABLE 282 GLOBEMA: BUSINESS OVERVIEW
    • TABLE 283 GLOBEMA: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 284 GLOBEMA: OTHERS
    • 11.1.18 KAMSTRUP
    • TABLE 285 KAMSTRUP: BUSINESS OVERVIEW
    • FIGURE 68 KAMSTRUP: COMPANY SNAPSHOT
    • TABLE 286 KAMSTRUP: PRODUCTS/SERVICES/SOLUTIONS OFFERED
    • TABLE 287 KAMSTRUP: DEALS
    • TABLE 288 KAMSTRUP: OTHERS
    • 11.1.19 XYLEM
    • TABLE 289 XYLEM: BUSINESS OVERVIEW
    • FIGURE 69 XYLEM: COMPANY SNAPSHOT
    • TABLE 290 XYLEM: PRODUCTS/SERVICES/SOLUTIONS OFFERED
  • *Details on Business and financial overview, Products/services/solutions offered, Recent developments & MnM View might not be captured in case of unlisted companies.
  • 11.2 OTHER PLAYERS
    • 11.2.1 ENEL X
    • 11.2.2 ESMART SYSTEMS
    • 11.2.3 ESYASOFT TECHNOLOGIES
    • 11.2.4 GRID4C
    • 11.2.5 C3 ENERGY
    • 11.2.6 NES (NETWORKED ENERGY SERVICES)

12 APPENDIX

  • 12.1 INSIGHTS OF INDUSTRY EXPERTS
  • 12.2 DISCUSSION GUIDE
  • 12.3 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
  • 12.4 AVAILABLE CUSTOMIZATIONS
  • 12.5 RELATED REPORTS
  • 12.6 AUTHOR DETAILS