Grid optimization solutions are compact electrical devices that are used to detect and monitor power system equipment. These devices monitor electrical equipment such as transformers, arrestors, power cables, and other equipment installed in power plants or substations along with the demand-side management in smart grids.
This report aims to provide a comprehensive presentation of the global market for Grid Optimization Solutions, 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 Grid Optimization Solutions. This report contains market size and forecasts of Grid Optimization Solutions in global, including the following market information:
Global Grid Optimization Solutions Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Grid Optimization Solutions 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.
The transition from rigid structures to smart grids is driven by factors such as climate change policies, urbanization, and technological advancements. Smart grids offer advantages such as optimization to all grid functions by installing sensors, communication systems, and information technology. This makes the grid smarter and enables utilities to achieve the balance between cost, reliability, and efficiency. Moreover, this transition also assists utilities to obtain real-time control and improved data exchange that in turn will permit them to manage risks, maximize asset utilization, carry out systematic maintenance to increase the network performance and efficiency. This will subsequently drive the need for grid optimization solutions, fueling market growth.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Grid Optimization Solutions 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 Grid Optimization Solutions Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Grid Optimization Solutions Market Segment Percentages, by Type, 2022 (%)
Software Components
Hardware Components
Global Grid Optimization Solutions Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Grid Optimization Solutions Market Segment Percentages, by Application, 2022 (%)
Government Departments
Enterprise Sector
Financial Industry
School
Others
Global Grid Optimization Solutions Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Grid Optimization Solutions 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 Grid Optimization Solutions revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Grid Optimization Solutions revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Aclara Technologies
Eaton
FirstEnergy
Green Mountain Power
Doble Engineering Company
EKM Metering
CGI Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Grid Optimization Solutions, market overview.
Chapter 2: Global Grid Optimization Solutions market size in revenue.
Chapter 3: Detailed analysis of Grid Optimization Solutions 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 Grid Optimization Solutions 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.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Grid Optimization Solutions Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Grid Optimization Solutions Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Grid Optimization Solutions Overall Market Size
2.1 Global Grid Optimization Solutions Market Size: 2022 VS 2032
2.2 Global Grid Optimization Solutions Market Size, Prospects & Forecasts: 2018-2032
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Grid Optimization Solutions Players in Global Market
3.2 Top Global Grid Optimization Solutions Companies Ranked by Revenue
3.3 Global Grid Optimization Solutions Revenue by Companies
3.4 Top 3 and Top 5 Grid Optimization Solutions Companies in Global Market, by Revenue in 2022
3.5 Global Companies Grid Optimization Solutions Product Type
3.6 Tier 1, Tier 2 and Tier 3 Grid Optimization Solutions Players in Global Market
3.6.1 List of Global Tier 1 Grid Optimization Solutions Companies
3.6.2 List of Global Tier 2 and Tier 3 Grid Optimization Solutions Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Grid Optimization Solutions Market Size Markets, 2022 & 2032
4.1.2 Software Components
4.1.3 Hardware Components
4.2 By Type - Global Grid Optimization Solutions Revenue & Forecasts
4.2.1 By Type - Global Grid Optimization Solutions Revenue, 2018-2023
4.2.2 By Type - Global Grid Optimization Solutions Revenue, 2024-2032
4.2.3 By Type - Global Grid Optimization Solutions Revenue Market Share, 2018-2032
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Grid Optimization Solutions Market Size, 2022 & 2032
5.1.2 Government Departments
5.1.3 Enterprise Sector
5.1.4 Financial Industry
5.1.5 School
5.1.6 Others
5.2 By Application - Global Grid Optimization Solutions Revenue & Forecasts
5.2.1 By Application - Global Grid Optimization Solutions Revenue, 2018-2023
5.2.2 By Application - Global Grid Optimization Solutions Revenue, 2024-2032
5.2.3 By Application - Global Grid Optimization Solutions Revenue Market Share, 2018-2032
6 Sights by Region
6.1 By Region - Global Grid Optimization Solutions Market Size, 2022 & 2032
6.2 By Region - Global Grid Optimization Solutions Revenue & Forecasts
6.2.1 By Region - Global Grid Optimization Solutions Revenue, 2018-2023
6.2.2 By Region - Global Grid Optimization Solutions Revenue, 2024-2032
6.2.3 By Region - Global Grid Optimization Solutions Revenue Market Share, 2018-2032
6.3 North America
6.3.1 By Country - North America Grid Optimization Solutions Revenue, 2018-2032
6.3.2 US Grid Optimization Solutions Market Size, 2018-2032
6.3.3 Canada Grid Optimization Solutions Market Size, 2018-2032
6.3.4 Mexico Grid Optimization Solutions Market Size, 2018-2032
6.4 Europe
6.4.1 By Country - Europe Grid Optimization Solutions Revenue, 2018-2032
6.4.2 Germany Grid Optimization Solutions Market Size, 2018-2032
6.4.3 France Grid Optimization Solutions Market Size, 2018-2032
6.4.4 U.K. Grid Optimization Solutions Market Size, 2018-2032
6.4.5 Italy Grid Optimization Solutions Market Size, 2018-2032
6.4.6 Russia Grid Optimization Solutions Market Size, 2018-2032
6.4.7 Nordic Countries Grid Optimization Solutions Market Size, 2018-2032
6.4.8 Benelux Grid Optimization Solutions Market Size, 2018-2032
6.5 Asia
6.5.1 By Region - Asia Grid Optimization Solutions Revenue, 2018-2032
6.5.2 China Grid Optimization Solutions Market Size, 2018-2032
6.5.3 Japan Grid Optimization Solutions Market Size, 2018-2032
6.5.4 South Korea Grid Optimization Solutions Market Size, 2018-2032
6.5.5 Southeast Asia Grid Optimization Solutions Market Size, 2018-2032
6.5.6 India Grid Optimization Solutions Market Size, 2018-2032
6.6 South America
6.6.1 By Country - South America Grid Optimization Solutions Revenue, 2018-2032
6.6.2 Brazil Grid Optimization Solutions Market Size, 2018-2032
6.6.3 Argentina Grid Optimization Solutions Market Size, 2018-2032
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Grid Optimization Solutions Revenue, 2018-2032
6.7.2 Turkey Grid Optimization Solutions Market Size, 2018-2032
6.7.3 Israel Grid Optimization Solutions Market Size, 2018-2032
6.7.4 Saudi Arabia Grid Optimization Solutions Market Size, 2018-2032
6.7.5 UAE Grid Optimization Solutions Market Size, 2018-2032
7 Grid Optimization Solutions Companies Profiles
7.1 ABB
7.1.1 ABB Company Summary
7.1.2 ABB Business Overview
7.1.3 ABB Grid Optimization Solutions Major Product Offerings
7.1.4 ABB Grid Optimization Solutions Revenue in Global Market (2018-2023)
7.1.5 ABB Key News & Latest Developments
7.2 Aclara Technologies
7.2.1 Aclara Technologies Company Summary
7.2.2 Aclara Technologies Business Overview
7.2.3 Aclara Technologies Grid Optimization Solutions Major Product Offerings
7.2.4 Aclara Technologies Grid Optimization Solutions Revenue in Global Market (2018-2023)
7.2.5 Aclara Technologies Key News & Latest Developments
7.3 Eaton
7.3.1 Eaton Company Summary
7.3.2 Eaton Business Overview
7.3.3 Eaton Grid Optimization Solutions Major Product Offerings
7.3.4 Eaton Grid Optimization Solutions Revenue in Global Market (2018-2023)
7.3.5 Eaton Key News & Latest Developments
7.4 FirstEnergy
7.4.1 FirstEnergy Company Summary
7.4.2 FirstEnergy Business Overview
7.4.3 FirstEnergy Grid Optimization Solutions Major Product Offerings
7.4.4 FirstEnergy Grid Optimization Solutions Revenue in Global Market (2018-2023)
7.4.5 FirstEnergy Key News & Latest Developments
7.5 Green Mountain Power
7.5.1 Green Mountain Power Company Summary
7.5.2 Green Mountain Power Business Overview
7.5.3 Green Mountain Power Grid Optimization Solutions Major Product Offerings
7.5.4 Green Mountain Power Grid Optimization Solutions Revenue in Global Market (2018-2023)
7.5.5 Green Mountain Power Key News & Latest Developments
7.6 Doble Engineering Company
7.6.1 Doble Engineering Company Company Summary
7.6.2 Doble Engineering Company Business Overview
7.6.3 Doble Engineering Company Grid Optimization Solutions Major Product Offerings
7.6.4 Doble Engineering Company Grid Optimization Solutions Revenue in Global Market (2018-2023)
7.6.5 Doble Engineering Company Key News & Latest Developments
7.7 EKM Metering
7.7.1 EKM Metering Company Summary
7.7.2 EKM Metering Business Overview
7.7.3 EKM Metering Grid Optimization Solutions Major Product Offerings
7.7.4 EKM Metering Grid Optimization Solutions Revenue in Global Market (2018-2023)
7.7.5 EKM Metering Key News & Latest Developments
7.8 CGI Group
7.8.1 CGI Group Company Summary
7.8.2 CGI Group Business Overview
7.8.3 CGI Group Grid Optimization Solutions Major Product Offerings
7.8.4 CGI Group Grid Optimization Solutions Revenue in Global Market (2018-2023)
7.8.5 CGI Group Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Grid Optimization Solutions Market Opportunities & Trends in Global Market
Table 2. Grid Optimization Solutions Market Drivers in Global Market
Table 3. Grid Optimization Solutions Market Restraints in Global Market
Table 4. Key Players of Grid Optimization Solutions in Global Market
Table 5. Top Grid Optimization Solutions Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Grid Optimization Solutions Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Grid Optimization Solutions Revenue Share by Companies, 2018-2023
Table 8. Global Companies Grid Optimization Solutions Product Type
Table 9. List of Global Tier 1 Grid Optimization Solutions Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Grid Optimization Solutions Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Grid Optimization Solutions Revenue, (US$, Mn), 2022 & 2032
Table 12. By Type - Grid Optimization Solutions Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Grid Optimization Solutions Revenue in Global (US$, Mn), 2024-2032
Table 14. By Application ? Global Grid Optimization Solutions Revenue, (US$, Mn), 2022 & 2032
Table 15. By Application - Grid Optimization Solutions Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Grid Optimization Solutions Revenue in Global (US$, Mn), 2024-2032
Table 17. By Region ? Global Grid Optimization Solutions Revenue, (US$, Mn), 2022 & 2032
Table 18. By Region - Global Grid Optimization Solutions Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Grid Optimization Solutions Revenue (US$, Mn), 2024-2032
Table 20. By Country - North America Grid Optimization Solutions Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Grid Optimization Solutions Revenue, (US$, Mn), 2024-2032
Table 22. By Country - Europe Grid Optimization Solutions Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Grid Optimization Solutions Revenue, (US$, Mn), 2024-2032
Table 24. By Region - Asia Grid Optimization Solutions Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Grid Optimization Solutions Revenue, (US$, Mn), 2024-2032
Table 26. By Country - South America Grid Optimization Solutions Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Grid Optimization Solutions Revenue, (US$, Mn), 2024-2032
Table 28. By Country - Middle East & Africa Grid Optimization Solutions Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Grid Optimization Solutions Revenue, (US$, Mn), 2024-2032
Table 30. ABB Company Summary
Table 31. ABB Grid Optimization Solutions Product Offerings
Table 32. ABB Grid Optimization Solutions Revenue (US$, Mn) & (2018-2023)
Table 33. ABB Key News & Latest Developments
Table 34. Aclara Technologies Company Summary
Table 35. Aclara Technologies Grid Optimization Solutions Product Offerings
Table 36. Aclara Technologies Grid Optimization Solutions Revenue (US$, Mn) & (2018-2023)
Table 37. Aclara Technologies Key News & Latest Developments
Table 38. Eaton Company Summary
Table 39. Eaton Grid Optimization Solutions Product Offerings
Table 40. Eaton Grid Optimization Solutions Revenue (US$, Mn) & (2018-2023)
Table 41. Eaton Key News & Latest Developments
Table 42. FirstEnergy Company Summary
Table 43. FirstEnergy Grid Optimization Solutions Product Offerings
Table 44. FirstEnergy Grid Optimization Solutions Revenue (US$, Mn) & (2018-2023)
Table 45. FirstEnergy Key News & Latest Developments
Table 46. Green Mountain Power Company Summary
Table 47. Green Mountain Power Grid Optimization Solutions Product Offerings
Table 48. Green Mountain Power Grid Optimization Solutions Revenue (US$, Mn) & (2018-2023)
Table 49. Green Mountain Power Key News & Latest Developments
Table 50. Doble Engineering Company Company Summary
Table 51. Doble Engineering Company Grid Optimization Solutions Product Offerings
Table 52. Doble Engineering Company Grid Optimization Solutions Revenue (US$, Mn) & (2018-2023)
Table 53. Doble Engineering Company Key News & Latest Developments
Table 54. EKM Metering Company Summary
Table 55. EKM Metering Grid Optimization Solutions Product Offerings
Table 56. EKM Metering Grid Optimization Solutions Revenue (US$, Mn) & (2018-2023)
Table 57. EKM Metering Key News & Latest Developments
Table 58. CGI Group Company Summary
Table 59. CGI Group Grid Optimization Solutions Product Offerings
Table 60. CGI Group Grid Optimization Solutions Revenue (US$, Mn) & (2018-2023)
Table 61. CGI Group Key News & Latest Developments
List of Figures
Figure 1. Grid Optimization Solutions Segment by Type in 2022
Figure 2. Grid Optimization Solutions Segment by Application in 2022
Figure 3. Global Grid Optimization Solutions Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Grid Optimization Solutions Market Size: 2022 VS 2032 (US$, Mn)
Figure 6. Global Grid Optimization Solutions Revenue, 2018-2032 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Grid Optimization Solutions Revenue in 2022
Figure 8. By Type - Global Grid Optimization Solutions Revenue Market Share, 2018-2032
Figure 9. By Application - Global Grid Optimization Solutions Revenue Market Share, 2018-2032
Figure 10. By Type - Global Grid Optimization Solutions Revenue, (US$, Mn), 2022 & 2032
Figure 11. By Type - Global Grid Optimization Solutions Revenue Market Share, 2018-2032
Figure 12. By Application - Global Grid Optimization Solutions Revenue, (US$, Mn), 2022 & 2032
Figure 13. By Application - Global Grid Optimization Solutions Revenue Market Share, 2018-2032
Figure 14. By Region - Global Grid Optimization Solutions Revenue Market Share, 2018-2032
Figure 15. By Country - North America Grid Optimization Solutions Revenue Market Share, 2018-2032
Figure 16. US Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 17. Canada Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 18. Mexico Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 19. By Country - Europe Grid Optimization Solutions Revenue Market Share, 2018-2032
Figure 20. Germany Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 21. France Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 22. U.K. Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 23. Italy Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 24. Russia Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 25. Nordic Countries Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 26. Benelux Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 27. By Region - Asia Grid Optimization Solutions Revenue Market Share, 2018-2032
Figure 28. China Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 29. Japan Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 30. South Korea Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 31. Southeast Asia Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 32. India Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 33. By Country - South America Grid Optimization Solutions Revenue Market Share, 2018-2032
Figure 34. Brazil Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 35. Argentina Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 36. By Country - Middle East & Africa Grid Optimization Solutions Revenue Market Share, 2018-2032
Figure 37. Turkey Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 38. Israel Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 39. Saudi Arabia Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 40. UAE Grid Optimization Solutions Revenue, (US$, Mn), 2018-2032
Figure 41. ABB Grid Optimization Solutions Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Aclara Technologies Grid Optimization Solutions Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Eaton Grid Optimization Solutions Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. FirstEnergy Grid Optimization Solutions Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Green Mountain Power Grid Optimization Solutions Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Doble Engineering Company Grid Optimization Solutions Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. EKM Metering Grid Optimization Solutions Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. CGI Group Grid Optimization Solutions Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
