Smart grid is the intelligentization of the grid. It is based on an integrated, high-speed two-way communication network, through advanced sensing and measurement technology, advanced equipment technology, advanced control methods and advanced decision support system technology applications.
This report contains market size and forecasts of Smart Grid Networking in Global, including the following market information:
Global Smart Grid Networking Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Smart Grid Networking market was valued at 12770 million in 2021 and is projected to reach US$ 21000 million by 2028, at a CAGR of 7.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hardware Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Smart Grid Networking include ABB Group, Cisco Systems, Inc., Mitsubishi Electric, Fujitsu, General Electric Company, Huawei Technologies Co. Ltd., Itron and Schneider Electric, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Smart Grid Networking 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 Networking Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Smart Grid Networking Market Segment Percentages, by Type, 2021 (%)
Hardware
Software
Global Smart Grid Networking Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Smart Grid Networking Market Segment Percentages, by Application, 2021 (%)
Commercial
Industrial
Global Smart Grid Networking Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Smart Grid Networking Market Segment Percentages, By Region and Country, 2021 (%)
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 Networking revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Smart Grid Networking revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB Group
Cisco Systems, Inc.
Mitsubishi Electric
Fujitsu
General Electric Company
Huawei Technologies Co. Ltd.
Itron
Schneider Electric