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Smart Grid Market By Hardware (Sensors, Programmable Logic Controller, Advanced Metering Infrastructure (AMI) Meter, Networking Hardware) By Software (Smart Grid Distribution Management, Advanced Metering Infrastructure, Smart Grid Communication, Billing and Customer Information System, Substation Automation, Grid Asset Management) By Service(Maintenance & Support, Consulting, Deployment & Integration) - Global Size Analysis and Industry Forecast, 2018-2023.

 Energy and Power

Report Overview

GLOBAL SMART GRID MARKET was valued at USD 20.49 Billion in the year 2017. Global Smart Grid Market is further estimated to grow at a CAGR of 18.83% from 2017 to reach USD 57.68 Billion by the year 2023. North America region holds the highest market share in 2016 and North America market is considered as the fastest growing market in the forecasted period. At a country level U.S, Canada, Mexico holds the highest market share in 2016 and it is projected to grow strongly in the coming years.

ALSTOM (France), Aclara Technologies LLC. (Missouri, US), General Electric Company (New York, US), Schneider Electric SA (Rueil-Malmaison, France), Oracle Corporation (California, US), ABB Ltd. (Zurich, Switzerland), Cisco Systems, Inc. (California, U.S), Siemens AG (Munich, Germany), Open Systems International, Inc. (Minnesota, U.S), Wipro Limited (Bengaluru, India) are some of the key players in the Global Smart Grid market. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top manufacturers in recent years.

Drivers:

             Government Legislation and Policies

Restraints:

             Installation cost is higher

Opportunities:

             Enable market for electricity to flourish

Challenges:

             Network communication is critical

The Global Smart Grid Market is segmented by hardware, by software, and by services in the forecasted period. In Software segment, the major shares of the market come from Communication segment in Global Smart Grid Market. As hardware and software come under communication and together create a mesh network. On the other hand, by hardware type, Sensors for Smart Grid market is expected to grow at highest CAGR during the year 2018-2023.

Key Benefits for Stakeholders

Smart Grid Manufacturers, Distributors and Retailers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Hardware

Sensors

Programmable Logic Controller

Advanced Metering Infrastructure (AMI) Meter

Networking Hardware

Others

By Software

Smart Grid Distribution Management                   

Advanced Metering Infrastructure

Smart Grid Communication

Billing and Customer Information System

Substation Automation

Grid Asset Management

By Service

Maintenance & Support 

Consulting

Deployment & Integration

By Region

North America

Europe

Asia-Pacific

ROW

Key Market Players

ALSTOM (France)

Aclara Technologies LLC. (Missouri, US)

General Electric Company (New York, US)

Schneider Electric SA (Rueil-Malmaison, France)

Oracle Corporation (California, US)

ABB Ltd. (Zurich, Switzerland)

Cisco Systems, Inc. (California, U.S)

(A brief overview of another 13 companies is also provided)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1. Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2. Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3. To avoid bias, we filter the collected data collected from authenticated sources.
  4. GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5. Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
  6. Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

             2.1.1.1. Key Data from Secondary Research

       2.1.2. Primary Research

             2.1.2.1. Key Data from Primary Research

             2.1.2.2. Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottoms-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Smart Grid Market, By Hardware

6.1. Sensors

6.2. Programmable Logic Controller

6.3. Advanced Metering Infrastructure (AMI) Meter

6.4. Networking Hardware

6.5. Others

7. Smart Grid Market, By Software

7.1. Smart Grid Distribution Management            

7.2. Advanced Metering Infrastructure

7.3. Smart Grid Communication

7.4. Billing and Customer Information System

7.5. Substation Automation

7.6. Grid Asset Management

8. Smart Grid Market, By Service        

8.1. Maintenance & Support 

8.2. Consulting

8.3. Deployment & Integration

9. Geographical Analysis

9.1. Introduction

9.2. North America

       9.2.1. U.S.

       9.2.2. Canada

       9.2.3. Mexico

9.3. Europe

       9.3.1. U.K.

       9.3.2. Germany

       9.3.3. Russia

       9.3.4. RoE

9.4. Asia Pacific

       9.4.1. South Korea

       9.4.2. China

       9.4.3. Japan

       9.4.4. RoAPAC

9.5. RoW

       9.5.1. Latin America

       9.5.2. Middle East and Africa

10. Company Profiles

(Business Overview, Financial Overview, Product write Up, Recent Developments)

10.1. ALSTOM

10.2. Aclara Technologies LLC.

10.3. General Electric Company

10.4. Schneider Electric SA

10.5. Oracle Corporation

10.6. ABB Ltd.

10.7. Cisco Systems, Inc.

10.8. Siemens AG

10.9. Open Systems International, Inc.

(A brief overview of another 13 companies is also provided) 

11. Competitive Analysis

11.1. Introduction

11.2. Market Positioning of Key Players

11.3 Competitive Strategies Adopted by Leading Players

        11.3.1. Investments & Expansions

        11.3.2. New Product Launches

        11.3.3. Mergers & Acquisitions

        11.3.4. Agreements, Joint Ventures, and Partnerships

12. Appendix

12.1. Questionnaire

12.2. Available Customizations 

12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)

 

List of Tables (63 Tables)

Table 1 United States Dollar Exchange Rate, 2014–2018
Table 2 Software: Smart Grid Market Size, By Type, 2018-2023(USD Million)
Table 3 Software: Smart Grid Market Size, By Region, 2018-2023(USD Million)
Table 4 AMI: Smart Grid Software Market Size, By Type, 2018-2023(USD Million)
Table 5 AMI: Smart Grid Software Market Size, By Region, 2018-2023(USD Million)
Table 6 MDM: Smart Grid AMI Software Market Size, By Region, 2018-2023(USD Million
Table 7 Analytics: Smart Grid AMI Software Market Size,  By Region, 2018-2023(USD Million)
Table 8 AMI Security: Smart Grid AMI Software Market Size, By Region, 2018-2023(USD Million)
Table 9 Smart Grid Distribution Management: Smart Grid Software Market Size, By Region, 2018-2023(USD Million)
Table 10 Smart Grid Communication: Smart Grid Software Market Size, By Type,  2018-2023(USD Million)
Table 11 Smart Grid Communication: Smart Grid Software Market Size, By Region,  2018-2023(USD Million)
Table 12 Network Traffic Management: Smart Grid Software Market Size, By Region,  2018-2023(USD Million)
Table 13 Network Device Management: Smart Grid Software Market Size, By Region,  2018-2023(USD Million)
Table 14 Network Configuration Management: Smart Grid Software Market Size, By Region, 2018-2023(USD Million)
Table 15 Network Security Management: Smart Grid Software Market Size, By Region, 2018-2023(USD Million)
Table 16 Network Performance Monitoring Management: Smart Grid Software Market Size, By Region, 2018-2023(USD Million)
Table 17 Grid Asset Management: Smart Grid Software Market Size, By Region,  2018-2023(USD Million)
Table 18 Substation Automation: Smart Grid Software Market Size, By Region,  2018-2023(USD Million)
Table 19 Billing and Customer Information System: Smart Grid Software Market Size, By Region, 2018-2023(USD Million)
Table 20 Hardware: Smart Grid Market Size, By Type, 2018-2023(USD Million)
Table 21 Hardware: Smart Grid Market Size, By Region, 2018-2023(USD Million)
Table 22 AMI Meter: Smart Grid Hardware Market Size,  By Region, 2018-2023(USD Million)
Table 23 Sensors: Smart Grid Hardware Market Size,  By Region, 2018-2023(USD Million)
Table 24 Networking Hardware: Smart Grid Hardware Market Size, By Region, 2018-2023(USD Million)
Table 25 PLC: Smart Grid Hardware Market Size, By Region, 2018-2023(USD Million)
Table 26 Others: Smart Grid Hardware Market Size,  By Region, 2018-2023(USD Million)
Table 27 Services: Smart Grid Market Size, By Type, 2018-2023(USD Million)
Table 28 Services: Smart Grid Market Size, By Region, 2018-2023(USD Million)
Table 29 Consulting: Smart Grid Services Market Size, By Region, 2018-2023(USD Million)
Table 30 System Integration and Deployment: Smart Grid Services Market Size, By Region, 2018-2023(USD Million)
Table 31 Support and Maintenance: Smart Grid Services Market Size, By Region,  2018-2023(USD Million)
Table 32 Smart Grid Market Size, By Region 2018-2023(USD Million)
Table 33 North America: Smart Grid Market Size, By Type, 2018-2023(USD Million)
Table 34 North America: Market Size, By Software, 2018-2023(USD Million)
Table 35 North America: Smart Grid AMI Market Size, By Type, 2018-2023(USD Million)
Table 36 North America: Smart Grid Smart Grid Communication Market Size, By Type  2018-2023(USD Million)
Table 37 North America: Smart Grid Market Size, By Hardware, 2018-2023(USD Million)
Table 38 North America: Market Size, By Service, 2018-2023(USD Million)
Table 39 Europe: Market Size, By Type, 2018-2023(USD Million)
Table 40 Europe: Market Size, By Software, 2018-2023(USD Million)
Table 41 Europe: Smart Grid AMI Market Size, By Type, 2018-2023(USD Million)
Table 42 Europe: Smart Grid Communication Market Size, By Type, 2018-2023(USD Million)
Table 43 Europe: Market Size, By Hardware, 2018-2023(USD Million)
Table 44 Europe: Smart Grid Market Size, By Service, 2018-2023(USD Million)
Table 45 APAC: Market Size, By Type, 2018-2023(USD Million)
Table 46 APAC: Market Size, By Software, 2018-2023(USD Million)
Table 47 APAC: Smart Grid AMI Market Size, By Type, 2018-2023(USD Million)
Table 48 APAC: Smart Grid Communication Market Size, By Type, 2018-2023(USD Million)
Table 49 APAC: Market Size, By Hardware, 2018-2023(USD Million)
Table 50 APAC: Market Size, By Service, 2018-2023(USD Million)
Table 51 MEA: Smart Grid Market Size, By Type, 2018-2023(USD Million)
Table 52 MEA: Market Size, By Software, 2018-2023(USD Million)
Table 53 MEA: Smart Grid AMI Market Size, By Type, 2018-2023(USD Million)
Table 54 MEA: Smart Grid Communication Market Size, By Type, 2018-2023(USD Million)
Table 55 MEA: Market Size, By Hardware, 2018-2023(USD Million)
Table 56 MEA: Market Size, By Service, 2018-2023(USD Million)
Table 57 Latin America: Smart Grid Market Size, By Type, 2018-2023(USD Million)
Table 58 Latin America: Market Size, By Software, 2018-2023(USD Million)
Table 59 Latin America: Smart Grid AMI Market Size, By Type, 2018-2023(USD Million)
Table 60 Latin America: Smart Grid Communication Market Size, By Type, 2018-2023(USD Million)
Table 61 Latin America: Market Size, By Hardware, 2018-2023(USD Million)
Table 62 Latin America: Market Size, By Service, 2018-2023(USD Million)
Table 63 Smart Grid Market Ranking, By Top 5 Players, 2018
 
  
List of Figures  (38 Figures)
 
Figure 1 Global Smart Grid Market Segmentation
Figure 2 Global Market Research Design
Figure 3 Research Methodology
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Microquadrant Matrix: Criteria Weightage
Figure 8 North America to Hold Largest Share in Global Smart Grid Market During Forecast Period
Figure 9 Smart Grid Market: Fastest-Growing Segments During Forecast Period
Figure 10 Government Policies and Mandates Across the World Driving Smart Grid Market
Figure 11 Software to Hold Largest Market Share in 2023
Figure 12 Smart Grid Distribution Management to Hold Largest Market Share in 2023
Figure 13 Sensors Segment to Record Highest Growth During Forecast Period
Figure 14 Deployment and Integration Services Segment to Hold Largest Market Share During Forecast Period
Figure 15 North America to Hold Largest Market Share During Forecast Period
Figure 16 Smart Grid Market Regional Lifecycle: North America to Hold Largest Market Share
Figure 17 Europe Accounts for Largest Number of Smart Grid Projects
Figure 18 Smart Grid Market: Strategic Benchmarking
Figure 19 Smart Grid Market: Drivers, Restraints, Opportunities, and Challenges
Figure 20 Smart Grid Distribution Management to Hold Largest Market Share By 2023 (USD Million)
Figure 21 AMI Architecture
Figure 22 MDMs Architecture
Figure 23 Business Processes Aligned With MDM
Figure 24 MDM Architecture
Figure 25 Smart Grid/AD, Architecture
Figure 26 DCADA Architecture
Figure 27 Outage Management Architecture
Figure 28 EMS Software Adoption By Different Verticals
Figure 29 Substation Automation Architecture
Figure 30 Networking Hardware to Hold Largest Market Share By 2023 (USD Million)
Figure 31 AMI Meter Architecture
Figure 32 Deployment and Integration Services Segment to Hold Largest Market Share By 2022 (USD Million)
Figure 33 North America to Hold Largest Market Share By 2023 (USD Million)
Figure 34 Regional Smart Grid Market, By Type: APAC to Emerge as Hotspot During Forecast Period
Figure 35 North America Market Snapshot
Figure 36 APAC Market Snapshot
Figure 37 MEA Market Snapshot
Figure 38 Global Smart Grid Market: Competitive Leadership Mapping, 2018

 

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