Power Grid System Global Market Opportunities And Strategies To 2034

Description

Power grid systems are interconnected networks designed for the generation, transmission, distribution, and consumption of electricity. They ensure that power generated at plants (from sources such as fossil fuels, nuclear, hydro, wind, or solar) is efficiently transmitted over long distances and distributed to homes, businesses, and industries. The primary purpose of power grid systems is to provide a reliable, stable, and efficient electricity supply by balancing demand and generation in real-time.

The power grid systems market consists of sales, by entities (organizations, sole traders, or partnerships), of power grid systems that encompasses the integrated network of components including cables, transformers, switchgears and control systems that facilitate the continuous and reliable flow of electrical energy.

The global power grid system market reached a value of nearly $10,805.75 million in 2024, having grown at a compound annual growth rate (CAGR) of 8.78% since 2019. The market is expected to grow from $10,805.75 million in 2024 to $18,505.16 million in 2029 at a rate of 11.36%. The market is then expected to grow at a CAGR of 10.64% from 2029 and reach $30,679.99 million in 2034.

Increasing Focus On Grid Modernization

During the historic period, the power grid systems market was primarily driven by an increasing focus on grid modernization to enhance resilience and accommodate the evolving energy landscape. This emphasis on modernization aimed to address challenges such as extreme weather events, aging infrastructure, and the integration of renewable energy sources. For instance, in October 2024, according to the U.S. Department of Energy (DOE), a US-based government body, announced approximately $4.2 billion in federal investments for 46 projects across 47 states and the District of Columbia under the Grid Resilience and Innovation Partnerships (GRIP) Program. These projects are designed to protect the U.S. power grid against growing threats of extreme weather, lower costs for communities, and increase grid capacity to meet load growth stemming from an increase in manufacturing, data centers, and electrification. The GRIP program encompasses three funding mechanisms: Grid Resilience Utility and Industry Grants, Smart Grid Grants, and the Grid Innovation Program, all aimed at modernizing the electric grid to reduce impacts from extreme weather and natural disasters. Therefore, the power grid systems market was predominantly propelled by the concerted efforts to modernize grid infrastructure during this period.

Adoption Of Grid-Forming Inverters To Stabilize Power Systems Amid Renewable Energy Transition

Major companies in the power grid systems market are focusing on integrating grid-forming inverters (GFIs) to enhance grid stability amid the renewable energy transition. These inverters contribute synthetic inertia and precise frequency control, compensating for the loss of mechanical inertia as traditional synchronous generators are phased out. By enabling seamless integration of variable renewable energy sources like solar and wind, GFIs support grid resilience and reliability. For example, in April 2025, Hitachi Industrial Equipment Systems Co., Ltd (HIES), a Japan-based provider of electric and industrial products and solutions including air compressors, coding and marking systems, transformers, hoist systems, inverters and more, begun operating a next-generation power conditioner*1 called a Grid Forming Inverter (GFM), at its Narashino Works facility in Chiba Prefecture. This cutting-edge system helps stabilize electric power systems as global transition to renewable energy, by simulating the stabilizing effects once provided by large power plants.

The global power grid system market is fairly concentrated, with large players operating in the market. The top ten competitors in the market made up to 36.54% of the total market in 2024.

Power Grid System Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global power grid system market as it emerges from the COVID-19 shut down.

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Where is the largest and fastest-growing market for power grid system? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The power grid system market global report from The Business Research Company answers all these questions and many more.

The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider power grid system market; and compares it with other markets.

The report covers the following chapters

Introduction And Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by power supply, by components and by application.
Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
Growth Analysis And Strategic Analysis Framework- Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
Regional And Country Analysis- Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
Market Segmentation- Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by power supply, by components and by application in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
Regional Market Size And Growth- Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
Other Major And Innovative Companies- Details on the company profiles of other major and innovative companies in the market.
Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
Competitive Dashboard- Briefs on competitive dashboard of major players.
Key Mergers And Acquisitions- Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
Recent Developments- Information on recent developments in the market covered in the report.
Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
Conclusions And Recommendations- This section includes recommendations for power grid system providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Markets Covered:

1) By Power Supply: Captive Generation; Wind Power; Other Power Supplies
2) By Components: Cables; Variable Speed Drives; Transformers; Switchgears; Other Components
3) By Application: Seabed; Land
Companies Mentioned: Siemens AG; Hitachi Energy Ltd.; Schneider Electric S.E.; Grid Solutions LLC (a GE Vernova company); Mitsubishi Electric Corporation
Countries: Australia; China; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time-series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; power grid system indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes."

Product Code: MC4MPGSR02_O25Q4

1 Executive Summary

1.1 Power Grid System - Market Attractiveness And Macro Economic Landscape

2 Table Of Contents

3 List Of Tables

4 List Of Figures

5 Report Structure

6 Market Characteristics

6.1 General Market Definition
6.2 Summary
6.3 Power Grid System Market Definition And Segmentations
6.4 Market Segmentation By Power Supply
- 6.4.1 Captive Generation
- 6.4.2 Wind Power
- 6.4.3 Other Power Supplies
6.5 Market Segmentation By Components
- 6.5.1 Cables
- 6.5.2 Variable Speed Drives
- 6.5.3 Transformers
- 6.5.4 Switchgears
- 6.5.5 Other Components
6.6 Market Segmentation By Application
- 6.6.1 Seabed
- 6.6.2 Land

7 Major Market Trends

7.1 Adoption Of Grid-Forming Inverters To Stabilize Power Systems Amid Renewable Energy Transition
7.2 Next-Generation Energy Storage Systems Enhance Efficiency And Support Renewable Energy Transition
7.3 Advancements In Digital Grid Technologies Enhance Smart Grid Management And Resiliency
7.4 Deployment Of Advanced Smart Grid Solutions To Enhance Network Efficiency
7.5 Implementation Of Dynamic Line Rating Technologies For Grid Optimization

8 Global Power Grid System Growth Analysis And Strategic Analysis Framework

8.1 Global: PESTEL Analysis
- 8.1.1 Political
- 8.1.2 Economic
- 8.1.3 Social
- 8.1.4 Technological
- 8.1.5 Environmental
- 8.1.6 Legal
8.2 Analysis Of End User Analysis (B2B)
- 8.2.1 Utility Companies
- 8.2.2 Industrial Sector
- 8.2.3 Commercial Sector
- 8.2.4 Residential Sector
- 8.2.5 Renewable Energy Producers
- 8.2.6 Other End Users
8.3 Global Power Grid System Market Growth Rate Analysis
8.4 Historic Market Growth, 2019 - 2024, Value ($ Million)
- 8.4.1 Market Drivers 2019 - 2024
- 8.4.2 Market Restraints 2019 - 2024
8.5 Forecast Market Growth, 2024 - 2029, 2034F Value ($ Million)
8.6 Forecast Growth Contributors/Factors
- 8.6.1 Quantitative Growth Contributors
- 8.6.2 Drivers
- 8.6.3 Restraints
8.7 Global Power Grid System Total Addressable Market (TAM)
- 8.7.1 TAM Comparison Analysis

9 Global Power Grid System Market Segmentation

9.1 Global Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.2 Global Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.3 Global Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.4 Global Power Grid System Market, Sub-Segmentation Of Captive Generation, By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.5 Global Power Grid System Market, Sub-Segmentation Of Wind Power, By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.6 Global Power Grid System Market, Sub-Segmentation Of Other Power Supplies, By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

10 Power Grid System Market, Regional and Country Analysis

10.1 Global Power Grid System Market, By Region, Historic and Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
10.2 Global Power Grid System Market, By Country, Historic and Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

11 Asia-Pacific Market

11.1 Summary
11.2 Market Overview
- 11.2.1 Region Information
- 11.2.2 Market Information
- 11.2.3 Background Information
- 11.2.4 Government Initiatives
- 11.2.5 Regulations
- 11.2.6 Regulatory Bodies
- 11.2.7 Major Associations
- 11.2.8 Taxes Levied
- 11.2.9 Corporate Tax Structure
- 11.2.10 Investments
- 11.2.11 Major Companies
11.3 Asia-Pacific Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.4 Asia-Pacific Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.5 Asia-Pacific Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.6 Asia-Pacific Power Grid System Market: Country Analysis
11.7 China Market
11.8 Summary
11.9 Market Overview
- 11.9.1 Country Information
- 11.9.2 Market Information
- 11.9.3 Background Information
- 11.9.4 Government Initiatives
- 11.9.5 Regulations
- 11.9.6 Regulatory Bodies
- 11.9.7 Major Associations
- 11.9.8 Taxes Levied
- 11.9.9 Corporate Tax Structure
- 11.9.10 Investments
- 11.9.11 Major Companies
11.10 China Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.11 China Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.12 China Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.13 India Market
11.14 India Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.15 India Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.16 India Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.17 Japan Market
11.18 Summary
11.19 Market Overview
- 11.19.1 Country Information
- 11.19.2 Market Information
- 11.19.3 Background Information
- 11.19.4 Government Initiatives
- 11.19.5 Regulations
- 11.19.6 Regulatory Bodies
- 11.19.7 Major Associations
- 11.19.8 Taxes Levied
- 11.19.9 Corporate Tax Structure
- 11.19.10 Investments
- 11.19.11 Major Companies
11.20 Japan Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.21 Japan Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.22 Japan Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.23 South Korea Market
11.24 Summary
11.25 Market Overview
- 11.25.1 Country Information
- 11.25.2 Market Information
- 11.25.3 Background Information
- 11.25.4 Government Initiatives
- 11.25.5 Regulations
- 11.25.6 Regulatory Bodies
- 11.25.7 Major Associations
- 11.25.8 Taxes Levied
- 11.25.9 Corporate Tax Structure
- 11.25.10 Investments
- 11.25.11 Major Companies
11.26 South Korea Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.27 South Korea Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.28 South Korea Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.29 Australia Market
11.30 Australia Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.31 Australia Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.32 Australia Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.33 Indonesia Market
11.34 Indonesia Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.35 Indonesia Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.36 Indonesia Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

12 Western Europe Market

12.1 Summary
12.2 Market Overview
- 12.2.1 Region Information
- 12.2.2 Market Information
- 12.2.3 Background Information
- 12.2.4 Government Initiatives
- 12.2.5 Regulations
- 12.2.6 Regulatory Bodies
- 12.2.7 Major Associations
- 12.2.8 Taxes Levied
- 12.2.9 Corporate tax structure
- 12.2.10 Investments
- 12.2.11 Major Companies
12.3 Western Europe Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.4 Western Europe Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.5 Western Europe Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.6 Western Europe Power Grid System Market: Country Analysis
12.7 UK Market
12.8 UK Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.9 UK Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.10 UK Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.11 Germany Market
12.12 Germany Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.13 Germany Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.14 Germany Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.15 France Market
12.16 France Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.17 France Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.18 France Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.19 Italy Market
12.20 Italy Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.21 Italy Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.22 Italy Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.23 Spain Market
12.24 Spain Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.25 Spain Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.26 Spain Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

13 Eastern Europe Market

13.1 Summary
13.2 Market Overview
- 13.2.1 Region Information
- 13.2.2 Market Information
- 13.2.3 Background Information
- 13.2.4 Government Initiatives
- 13.2.5 Regulations
- 13.2.6 Regulatory Bodies
- 13.2.7 Major Associations
- 13.2.8 Taxes Levied
- 13.2.9 Corporate Tax Structure
- 13.2.10 Investments
- 13.2.11 Major companies
13.3 Eastern Europe Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
13.4 Eastern Europe Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
13.5 Eastern Europe Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
13.6 Russia Market
13.7 Russia Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
13.8 Russia Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
13.9 Russia Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

14 North America Market

14.1 Summary
14.2 Market Overview
- 14.2.1 Region Information
- 14.2.2 Market Information
- 14.2.3 Background Information
- 14.2.4 Government Initiatives
- 14.2.5 Regulations
- 14.2.6 Regulatory Bodies
- 14.2.7 Major Associations
- 14.2.8 Taxes Levied
- 14.2.9 Corporate Tax Structure
- 14.2.10 Investments
- 14.2.11 Major Companies
14.3 North America Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.4 North America Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.5 North America Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.6 North America Power Grid System Market: Country Analysis
14.7 USA Market
14.8 Summary
14.9 Market Overview
- 14.9.1 Country Information
- 14.9.2 Market Information
- 14.9.3 Background Information
- 14.9.4 Government Initiatives
- 14.9.5 Regulations
- 14.9.6 Regulatory Bodies
- 14.9.7 Major Associations
- 14.9.8 Taxes Levied
- 14.9.9 Corporate Tax Structure
- 14.9.10 Investments
- 14.9.11 Major Companies
14.10 USA Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.11 USA Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.12 USA Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.13 Canada Market
14.14 Summary
14.15 Market Overview
- 14.15.1 Country Information
- 14.15.2 Market Information
- 14.15.3 Background Information
- 14.15.4 Government Initiatives
- 14.15.5 Regulations
- 14.15.6 Regulatory Bodies
- 14.15.7 Major Associations
- 14.15.8 Taxes Levied
- 14.15.9 Corporate Tax Structure
- 14.15.10 Investments
- 14.15.11 Major Companies
14.16 Canada Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.17 Canada Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.18 Canada Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

15 South America Market

15.1 Summary
15.2 Market Overview
- 15.2.1 Region Information
- 15.2.2 Market Information
- 15.2.3 Background Information
- 15.2.4 Government Initiatives
- 15.2.5 Regulations
- 15.2.6 Regulatory Bodies
- 15.2.7 Major Associations
- 15.2.8 Taxes Levied
- 15.2.9 Corporate Tax Structure
- 15.2.10 Investments
- 15.2.11 Major Companies
15.3 South America Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
15.4 South America Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
15.5 South America Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
15.6 Brazil Market
15.7 Brazil Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
15.8 Brazil Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
15.9 Brazil Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

16 Middle East Market

16.1 Summary
16.2 Market Overview
- 16.2.1 Region Information
- 16.2.2 Market Information
- 16.2.3 Background Information
- 16.2.4 Government Initiatives
- 16.2.5 Regulations
- 16.2.6 Regulatory Bodies
- 16.2.7 Major Associations
- 16.2.8 Taxes Levied
- 16.2.9 Corporate Tax Structure
- 16.2.10 Investments
- 16.2.11 Major Companies
16.3 Middle East Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
16.4 Middle East Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
16.5 Middle East Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

17 Africa Market

17.1 Summary
17.2 Market Overview
- 17.2.1 Region Information
- 17.2.2 Market Information
- 17.2.3 Background Information
- 17.2.4 Government Initiatives
- 17.2.5 Regulations
- 17.2.6 Regulatory Bodies
- 17.2.7 Major Associations
- 17.2.8 Taxes Levied
- 17.2.9 Corporate Tax Structure
- 17.2.10 Investments
- 17.2.11 Major Companies
17.3 Africa Power Grid System Market, Segmentation By Power Supply, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
17.4 Africa Power Grid System Market, Segmentation By Components, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
17.5 Africa Power Grid System Market, Segmentation By Application, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)

18 Competitive Landscape And Company Profiles

18.1 Company Profiles
18.2 Siemens AG
- 18.2.1 Company Overview
- 18.2.2 Products And Services
- 18.2.3 Business Strategy
- 18.2.4 Financial Overview
18.3 Hitachi Energy Ltd
- 18.3.1 Company Overview
- 18.3.2 Products And Services
- 18.3.3 Business Strategy
- 18.3.4 Financial Overview
18.4 Schneider Electric SE
- 18.4.1 Company Overview
- 18.4.2 Products And Services
- 18.4.3 Business Strategy
- 18.4.4 Financial Overview
18.5 Grid Solutions LLC. (a GE Vernova company)
- 18.5.1 Company Overview
- 18.5.2 Products And Services
- 18.5.3 Financial Overview
18.6 Mitsubishi Electric Corporation
- 18.6.1 Company Overview
- 18.6.2 Products And Services
- 18.6.3 Financial Overview

19 Other Major And Innovative Companies

19.1 Prysmian Group S.P.A
- 19.1.1 Company Overview
- 19.1.2 Products And Services
19.2 Nexans S.A
- 19.2.1 Company Overview
- 19.2.2 Products And Services
19.3 Eaton Corporation plc
- 19.3.1 Company Overview
- 19.3.2 Products And Services
19.4 Fuji Electric Co. Ltd.
- 19.4.1 Company Overview
- 19.4.2 Products And Services
19.5 Sumitomo Electric Industries Ltd.
- 19.5.1 Company Overview
- 19.5.2 Products And Services
19.6 LS Cable & System Ltd.
- 19.6.1 Company Overview
- 19.6.2 Products And Services
19.7 HD Hyundai Electric Co. Ltd.
- 19.7.1 Company Overview
- 19.7.2 Products And Services
19.8 NARI Group Corporation
- 19.8.1 Company Overview
- 19.8.2 Products And Services
19.9 TBEA Co Ltd.
- 19.9.1 Company Overview
- 19.9.2 Products And Services
19.10 Henan Pinggao Electric Co. Ltd.
- 19.10.1 Company Overview
- 19.10.2 Products And Services
19.11 Rittal GmbH & Co KG
- 19.11.1 Company Overview
- 19.11.2 Products And Services
19.12 Larsen & Toubro Ltd. (L&T Electrical & Automation Ltd.)
- 19.12.1 Company Overview
- 19.12.2 Products And Services
19.13 Elsewedy Electric Co S.A.E.
- 19.13.1 Company Overview
- 19.13.2 Products And Services
19.14 Schweitzer Engineering Laboratories Inc.
- 19.14.1 Company Overview
- 19.14.2 Products And Services
19.15 Bharat Heavy Electricals Limited
- 19.15.1 Company Overview
- 19.15.2 Products And Services

20 Competitive Benchmarking

21 Competitive Dashboard

22 Key Mergers And Acquisitions

22.1 Bowman Consulting Group Acquired Lazen Power Engineering
22.2 Apollo Hybrid Funds Acquired PowerGrid Services (PGS)
22.3 Power Grid Components Acquired Vizimax Inc

23 Recent Developments In Power Grid System

23.1 Innovative Energy Storage Solutions For Grid Stability
23.2 Strategic Investment Boosts Real-Time Grid Visibility And Resilience
23.3 Strategic Investment Strengthen Utility Grid Technologies
23.4 Advancements in Low-Voltage Grid Flexibility and Smart Energy Management

24 Opportunities And Strategies

24.1 Global Power Grid System Market In 2029 - Countries Offering Most New Opportunities
24.2 Global Power Grid System Market In 2029 - Segments Offering Most New Opportunities
24.3 Global Power Grid System Market In 2029 - Growth Strategies
- 24.3.1 Market Trend Based Strategies
- 24.3.2 Competitor Strategies

25 Power Grid System Market, Conclusions And Recommendations

25.1 Conclusions
25.2 Recommendations
- 25.2.1 Product
- 25.2.2 Place
- 25.2.3 Price
- 25.2.4 Promotion
- 25.2.5 People

26 Appendix

26.1 Geographies Covered
26.2 Market Data Sources
26.3 Research Methodology
26.4 Currencies
26.5 The Business Research Company
26.6 Copyright and Disclaimer