Shift in Trends will make Opportunities in the Global Smart Grid Market

June 07 14:15 2021
Shift in Trends will make Opportunities in the Global Smart Grid Market

Smart Grid Market
According to a new market research report launched by Inkwood Research, the Global Smart Grid Market is expected to rise about $171200 million by 2028, with a CAGR of 9.83% between 2021 and 2028.

According to a new market research report launched by Inkwood Research, the Global Smart Grid Market is expected to rise about $171200 million by 2028, with a CAGR of 9.83% between 2021 and 2028

Browse 41 market data Tables and 48 Figures spread over 164 Pages, along with in-depth analysis on Global Smart Grid Market by Component, End-User, Application & by Geography

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

Global Smart Grid Market Scenario

Smart grid is a technological advancement of the power grid, providing improved & efficient power utilization & management, continuous & accurate monitoring of services, integration of renewable energy with traditional sources of energy for power generation, and improvement in the consumer experience. Several technology companies are providing solutions in modernizing the grid, making them smart to cater to the consumer needs and government norms for saving energy and improving efficiency.

Countries across the globe are targeting to lower down their carbon emissions so as to minimize environmental degradation. The deployment of a smart grid facilitates the easy integration of conventional grids, integrated with the employment of renewable energy-based technology. Hence, the growing use of renewable energy in the power sector is an important driver for the smart grid market. However, security concerns and challenges like standardization & interoperability are key hindrances faced by the players, thereby affecting the overall market growth.

The Global Smart Grid Market report provides data tables and includes charts and graphs for visual analysis.

Request Free Sample Report for Global Smart Grid Market by Component, End-User, Application & by Geography: https://www.inkwoodresearch.com/reports/smart-grid-market#request-free-sample

Market Segmentation

Market by End-User

  • Residential End-User
  • Industrial End-User
  • Commercial End-User

Market by Application

  • Distribution
  • Transmission
  • Generation
  • Consumption/End-Use

Market by Component

  • Solution
    • Smart Grid Distribution Management
    • Smart Grid Communication
    • Substation Automation
    • Advanced Metering Infrastructure
    • Smart Grid Security
    • Smart Grid Network Management
    • Other Solutions
    • Services

 

Report Highlights

– The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
– Market forecasts till 2028, using estimated market values as the base numbers
– Key market trends across the business segments, regions, and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities, and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2028

 

Companies Profiled

  • LANDIS & GYR GROUP AG
  • SENSUS INC
  • WIPRO LIMITED
  • GENERAL ELECTRIC COMPANY
  • HONEYWELL INTERNATIONAL
  • ABB LTD
  • ORACLE CORPORATION
  • SCHNEIDER ELECTRIC SE
  • ITRON INC
  • AMDOCS CORPORATION
  • INTERNATIONAL BUSINESS MACHINES CORPORATION
  • AUTOGRID SYSTEMS INC
  • SIEMENS AG
  • CISCO SYSTEMS INC
  • TANTALUS SYSTEM CORP

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