Smart Grid Communications Market, Global Outlook and Forecast 2023-2030
Smart grid communication networks are used to support smart grid applications. These communication networks provide essential infrastructure allowing utilities to manage smart grid devices from a central location. Previously, communication networks for smart grid devices supported supervisory control and data acquisition (SCADA) systems as a machine-to-machine technology. However, with technological advancements in the Smart Grid industry, new field-based sensors, wireless technologies, and mobile devices are being used for supporting SCADA systems. This allows the traditional power grid to become more resilient, reliable, and efficient.
This report aims to provide a comprehensive presentation of the global market for Smart Grid Communications, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Grid Communications. This report contains market size and forecasts of Smart Grid Communications in global, including the following market information:
Global Smart Grid Communications Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Smart Grid Communications market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North America is expected to be the dominant region for the smart grid communications market owing to the availability of highly advanced technological infrastructure. Asia Pacific is projected to be an emerging region for the smart grid communications market owing to the increasing demand for smart grids in the region.
We surveyed the Smart Grid Communications companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Grid Communications Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Smart Grid Communications Market Segment Percentages, by Type, 2022 (%)
Wired Communications System
Wireless Communications System
Global Smart Grid Communications Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Smart Grid Communications Market Segment Percentages, by Application, 2022 (%)
Residential Sector
Commercial Sector
Others
Global Smart Grid Communications Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Smart Grid Communications Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smart Grid Communications revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Smart Grid Communications revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Itron
Landis+Gyr
Echelon
Sensus USA
Itron
ABB
Verizon communicationss
Tropos Networks
Trilliant
Elster Group
Current Communications Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Smart Grid Communications, market overview.
Chapter 2: Global Smart Grid Communications market size in revenue.
Chapter 3: Detailed analysis of Smart Grid Communications company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Smart Grid Communications in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
