DataLibraryResearch is tracking the market dynamics of the crisis in the Service & Software industry amid lock-down changes in the supply chain.

Get detailed analysis of the COVID-19 impact on the Smart Grid Market

Global Smart Grid Market Opportunities and Forecast 2020-2027

  • DLR2454
  • 10 July, 2021
  • Service & Software
  • Pages: 120
  • Global
Global Smart Grid Market, Smart Grid Market, By Software (Advanced Metering Infrastructure, Smart Grid Distribution Management, Smart Grid Network Management, Grid Asset Management, Substation Automation, Smart Grid Security, Billing and Customer Information System), By Hardware (Smart Meter), By Services (Consulting, Deployment and Integration, Support and Maintenance), and opportunities and forecast 2020-2027

Smart Grid Market Overview

The global Smart Grid market is mainly driven by the modernization of aging grid infrastructure and increasing awareness about carbon footprint management. Smart grids are in high demand due to an increasing need for power and support regulations by governments across regions. This key factor remarkably boosts the growth of the Smart Grid market. Additionally, higher transmission and distribution losses are other curial factors contributing to the growth of the market. As well, increasing demand for quality, secure, and reliable power supply is expected to enlarge the growth of the market in near future. In addition to this, high demand for smart grids from growing economies and a rise in ICT spending will also support the expansion of the Smart Grid market in the coming years. 

Smart Grid Market Segment Overview

Based on software, the smart grid distribution management segment is projected to grow at the highest rate during the forecast period. It is commonly known as Advanced Distribution Management (ADM), a software platform that integrates Supervisory Control and Data Acquisition (SCADA), Energy Management System (EMS), Distribution Management System (DMS), Demand Response (DR) management, and Distributed Energy Resource Management (DERM) for energy distribution management and optimization on a real-time basis.

According to Services, the Deployment and Integration segment holds the largest share of the market. Deployment and integration services in the energy sector help in streamlining business applications by suitable installation and integration of various modules of utility smart grid operations. In addition, these services help to overcome several business challenges, creating large growth opportunities, and accelerating technological innovations. Therefore, enterprises choose these services to make the entire deployment and integration process smooth and reduce costs and inefficiencies.

Smart Grid Market, By Software

·       Advanced Metering Infrastructure
·       Smart Grid Distribution Management
·       Smart Grid Network Management
·       Grid Asset Management
·       Substation Automation
·       Smart Grid Security
·       Billing and Customer Information System

Smart Grid Market, By Hardware

·       Smart Meter

Smart Grid Market, By Services

·       Consulting
·       Deployment and Integration
·       Support and Maintenance

Smart Grid Regional Overview

In terms of region, Asia Pacific is expected to witness significant growth in the forecast period. The increasing need to reduce carbon emissions from developed countries in the region and the increasing consumption of electricity in China, South Korea, Australia, New Zealand, India, and Singapore will drive the smart grid market. Similarly, the need to reduce transmission and distribution losses in developing countries across APAC will further boost the growth of the market. In addition to this, China has the highest share of the smart grid market in the Asia Pacific. As well, Japan and India are other countries making progress in the smart grid market. Likewise, North America is deemed to be the key contributor towards the growth of the market. The U.S. is projected to be the most significant contributor to the North American smart grid market.

Smart Grid Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)

Smart Grid Market, Key Players

·       Bimeda Animal Health
·       Bayer AG.
·       Boehringer Ingelheim GmbH
·       Merck & Co., Inc.
·       Ceva Santé Animale
·       Merial (Sanofi)
·       Zoetis, Inc.
·       Vetoquinol
·       Elanco (Eli Lilly and Company)

Smart Grid Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Smart Grid Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Software
        • 5.2.1. X-ray
        • 5.2.2. Ultrasound
        • 5.2.3. Magnetic Resonance Imaging (MRI)
        • 5.2.4. Computed Tomography (CT)
        • 5.2.5. Nuclear Imaging
      • 5.3. Market Analysis, Insights and Forecast – By Hardware
        • 5.3.1. Smart Meter
      • 5.4. Market Analysis, Insights and Forecast – By Services
        • 5.4.1. Consulting
        • 5.4.2. Deployment and Integration
        • 5.4.3. Support and Maintenance
      • 5.5. Market Analysis, Insights and Forecast – By Region
        • 5.5.1. North America
        • 5.5.2. Europe
        • 5.5.3. Asia Pacific
        • 5.5.4. Latin America, Middle East and Africa

      6. North America Smart Grid Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Software
        • 6.2.1. Advanced Metering Infrastructure
        • 6.2.2. Smart Grid Distribution Management
        • 6.2.3. Smart Grid Network Management
        • 6.2.4. Grid Asset Management
        • 6.2.5. Substation Automation
        • 6.2.6. Smart Grid Security
        • 6.2.7. Billing and Customer Information System
      • 6.3. Market Analysis, Insights and Forecast – By Hardware
        • 6.3.1. Smart Meter
      • 6.4. Market Analysis, Insights and Forecast – By Services
        • 6.4.1. Consulting
        • 6.4.2. Deployment and Integration
        • 6.4.3. Support and Maintenance
      • 6.5. Market Analysis, Insights and Forecast – By Country
        • 6.5.1. U.S.
        • 6.5.2. Canada

      7. Europe Smart Grid Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Software
        • 7.2.1. Advanced Metering Infrastructure
        • 7.2.2. Smart Grid Distribution Management
        • 7.2.3. Smart Grid Network Management
        • 7.2.4. Grid Asset Management
        • 7.2.5. Substation Automation
        • 7.2.6. Smart Grid Security
        • 7.2.7. Billing and Customer Information System
      • 7.3. Market Analysis, Insights and Forecast – By Hardware
        • 7.3.1. Smart Meter
      • 7.4. Market Analysis, Insights and Forecast – By Services
        • 7.4.1. Consulting
        • 7.4.2. Deployment and Integration
        • 7.4.3. Support and Maintenance
      • 7.5. Market Analysis, Insights and Forecast – By Country
        • 7.5.1. UK
        • 7.5.2. Germany
        • 7.5.3. France
        • 7.5.4. Italy
        • 7.5.5. Spain
        • 7.5.6. Russia
        • 7.5.7. Rest of Europe

      8. Asia Pacific Smart Grid Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Software
        • 8.2.1. Advanced Metering Infrastructure
        • 8.2.2. Smart Grid Distribution Management
        • 8.2.3. Smart Grid Network Management
        • 8.2.4. Grid Asset Management
        • 8.2.5. Substation Automation
        • 8.2.6. Smart Grid Security
        • 8.2.7. Billing and Customer Information System
      • 8.3. Market Analysis, Insights and Forecast – By Hardware
        • 8.3.1. Smart Meter
      • 8.4. Market Analysis, Insights and Forecast – By Services
        • 8.4.1. Consulting
        • 8.4.2. Deployment and Integration
        • 8.4.3. Support and Maintenance
      • 8.5. Market Analysis, Insights and Forecast – By Country
        • 8.5.1. China
        • 8.5.2. India
        • 8.5.3. Japan
        • 8.5.4. Australia
        • 8.5.5. South East Asia
        • 8.5.6. Rest of Asia Pacific

      9. Latin America, Middle East and Africa Smart Grid Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Software
        • 9.2.1. Advanced Metering Infrastructure
        • 9.2.2. Smart Grid Distribution Management
        • 9.2.3. Smart Grid Network Management
        • 9.2.4. Grid Asset Management
        • 9.2.5. Substation Automation
        • 9.2.6. Smart Grid Security
        • 9.2.7. Billing and Customer Information System
      • 9.3. Market Analysis, Insights and Forecast – By Hardware
        • 9.3.1. Smart Meter
      • 9.4. Market Analysis, Insights and Forecast – By Services
        • 9.4.1. Consulting
        • 9.4.2. Deployment and Integration
        • 9.4.3. Support and Maintenance
      • 9.5. Market Analysis, Insights and Forecast – By Country
        • 9.5.1. Brazil
        • 9.5.2. Saudi Arabia
        • 9.5.3. UAE
        • 9.5.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. Bimeda Animal Health
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. Bayer AG.
      • 10.6. Boehringer Ingelheim GmbH
      • 10.7. Merck & Co., Inc.
      • 10.8. Ceva Santé Animale
      • 10.9. Merial (Sanofi)
      • 10.10. Zoetis, Inc.
      • 10.11. Vetoquinol
      List of Figures

      Figure 1: Global Smart Grid Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
      Figure 2: Global Smart Grid Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 3: Global Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 4: Global Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 5: Global Smart Grid Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 6: Global Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 7: Global Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 8: Global Smart Grid Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 9: Global Smart Grid Market Forecast (USD Billion), by Others, 2016-2027
      Figure 10: Global Smart Grid Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 11: Global Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 12: Global Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 13: Global Smart Grid Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 14: Global Smart Grid Market Forecast (USD Billion), by Others, 2016-2027
      Figure 15: Global Smart Grid Market Value (USD Billion), by Region, 2019 & 2027
      Figure 16: North America Smart Grid Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 17: North America Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 18: North America Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 19: North America Smart Grid Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 20: North America Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 21: North America Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 22: North America Smart Grid Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 23: North America Smart Grid Market Forecast (USD Billion), by Others, 2016-2027
      Figure 24: North America Smart Grid Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 25: North America Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 26: North America Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 27: North America Smart Grid Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 28: North America Smart Grid Market Forecast (USD Billion), by Others, 2016-2027
      Figure 29: North America Smart Grid Market Forecast (USD Billion), by U.S., 2016-2027
      Figure 30: North America Smart Grid Market Forecast (USD Billion), by Canada, 2016-2027
      Figure 31: Latin America Smart Grid Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 32: Latin America Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 33: Latin America Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 34: Latin America Smart Grid Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 35: Latin America Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 36: Latin America Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 37: Latin America Smart Grid Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 38: Latin America Smart Grid Market Forecast (USD Billion), by Others, 2016-2027
      Figure 39: Latin America Smart Grid Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 40: Latin America Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 41: Latin America Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 42: Latin America Smart Grid Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 43: Latin America Smart Grid Market Forecast (USD Billion), by Others, 2016-2027
      Figure 44: Latin America Smart Grid Market Forecast (USD Billion), by Brazil, 2016-2027
      Figure 45: Latin America Smart Grid Market Forecast (USD Billion), by Mexico, 2016-2027
      Figure 46: Latin America Smart Grid Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
      Figure 47: Europe Smart Grid Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 48: Europe Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 49: Europe Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 50: Europe Smart Grid Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 51: Europe Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 52: Europe Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 53: Europe Smart Grid Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 54: Europe Smart Grid Market Forecast (USD Billion), by Others, 2016-2027
      Figure 55: Europe Smart Grid Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 56: Europe Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 57: Europe Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 58: Europe Smart Grid Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 59: Europe Smart Grid Market Forecast (USD Billion), by Others, 2016-2027
      Figure 60: Europe Smart Grid Market Forecast (USD Billion), by U.K., 2016-2027
      Figure 61: Europe Smart Grid Market Forecast (USD Billion), by Germany, 2016-2027
      Figure 62: Europe Smart Grid Market Forecast (USD Billion), by France, 2016-2027
      Figure 63: Europe Smart Grid Market Forecast (USD Billion), by Italy, 2016-2027
      Figure 64: Europe Smart Grid Market Forecast (USD Billion), by Spain, 2016-2027
      Figure 65: Europe Smart Grid Market Forecast (USD Billion), by Russia, 2016-2027
      Figure 66: Europe Smart Grid Market Forecast (USD Billion), by Rest of Europe, 2016-2027
      Figure 67: Asia Pacific Smart Grid Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 68: Asia Pacific Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 69: Asia Pacific Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 70: Asia Pacific Smart Grid Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 71: Asia Pacific Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 72: Asia Pacific Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 73: Asia Pacific Smart Grid Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 74: Asia Pacific Smart Grid Market Forecast (USD Billion), by Others, 2016-2027
      Figure 75: Asia Pacific Smart Grid Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 76: Asia Pacific Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 77: Asia Pacific Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 78: Asia Pacific Smart Grid Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 79: Asia Pacific Smart Grid Market Forecast (USD Billion), by Others, 2016-2027
      Figure 80: Asia Pacific Smart Grid Market Forecast (USD Billion), by China, 2016-2027
      Figure 81: Asia Pacific Smart Grid Market Forecast (USD Billion), by India, 2016-2027
      Figure 82: Asia Pacific Smart Grid Market Forecast (USD Billion), by Japan, 2016-2027
      Figure 83: Asia Pacific Smart Grid Market Forecast (USD Billion), by Australia, 2016-2027
      Figure 84: Asia Pacific Smart Grid Market Forecast (USD Billion), by Southeast Asia, 2016-2027
      Figure 85: Asia Pacific Smart Grid Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
      Figure 86: Middle East & Africa Smart Grid Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 87: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 88: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 89: Middle East & Africa Smart Grid Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 90: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 91: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 92: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 93: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Others, 2016-2027
      Figure 94: Middle East & Africa Smart Grid Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 95: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 96: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 97: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 98: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Others, 2016-2027
      Figure 99: Middle East & Africa Smart Grid Market Forecast (USD Billion), by GCC, 2016-2027
      Figure 100: Middle East & Africa Smart Grid Market Forecast (USD Billion), by South Africa, 2016-2027
      Figure 101: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
      List of Tables
      Table 1: Global Smart Grid Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 2: Global Smart Grid Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 3: Global Smart Grid Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 4: Global Smart Grid Market Revenue (USD Billion) Forecast, by Region, 2016-2027
      Table 5: North America Smart Grid Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 6: North America Smart Grid Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 7: North America Smart Grid Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 8: North America Smart Grid Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 9: Europe Smart Grid Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 10: Europe Smart Grid Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 11: Europe Smart Grid Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 12: Europe Smart Grid Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 13: Latin America Smart Grid Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 14: Latin America Smart Grid Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 15: Latin America Smart Grid Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 16: Latin America Smart Grid Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 17: Asia Pacific Smart Grid Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 18: Asia Pacific Smart Grid Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 19: Asia Pacific Smart Grid Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 20: Asia Pacific Smart Grid Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 21: Middle East & Africa Smart Grid Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 22: Middle East & Africa Smart Grid Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 23: Middle East & Africa Smart Grid Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 24: Middle East & Africa Smart Grid Market Revenue (USD Billion) Forecast, by Country, 2016-2027

      Report You Might be Interested

      Choose License Type

      • USD
      • GBP
      • EURO
      • INR
      Credit card Logo

      Happy To Assist You

      Have a Question? email us at

      info@datalibraryresearch.com

      Or Call Us On

      US +1 360 851 1343

      IND +91 880 579 4934