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Smart grid market to reach at USD 52.63 billion at a CAGR of 15.37%. – global demand, share, growth and forecast to 2023 available in new report

Energy Market Research

The Global Smart Grid Market is estimated to grow USD 52.63 Billion at a CAGR 15.37% by 2023.North America is the fastest growing market throughout the forecast market. Smart grid sensors and smart grid communication software having the highest CAGR throughout the forecast period.

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The market is driven by factors the availability of hardware and connectivity devices at affordable cost, rising need for real-time information system, government policies and legislative mandates, regional government initiatives for smart meter rollouts, increasing demand for integration of renewable energy sources, and increasing awareness about carbon footprint management. However, the utility operators face various obstacles while adopting smart grid solutions, such as security concerns, data protection, and lack of a standardized and uniform technology for the smart grid.

Complete report on Smart Grid Market spread across 122 pages, profiling 11 companies and supported with tables and figures. Inquire for more at

The Global Smart Grid Market is segmented by software type (AMI analytics, demand response analytics, grid optimization, asset management, billing and customer informaion system and others), hardware (AMI meter, sensors, networking hardware, programmable logic controller and others), service (professional services, management services and others), deployment (on-premise, cloud based and hybrid), end-user (small enterprises, medium enterprises and large enterprises) and region.

The Key Players in Global Smart Grid Market Are:

  • ABB Ltd
  • GE Energy Management
  • Alcatel-Lucent S.A.
  • Itron Inc
  • Landis + GYR
  • Fujitsu Ltd
  • S&T
  • Sensus
  • Siemens
  • Tendril Network Inc
  • Schneider Electric SA

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Key benefit insights in this report:

*This report examines market size and growth rate by 2023
*This report provides current market and future growth expectations
*Market drivers, challenges, opportunities and threats in Global Smart Grid Market
*Impacts of disruptive technologies and examine the changing competitive dynamics
*Market factor analysis delivers treasured information regarding the possible purchasers and suppliers and understanding the stakeholders involved
*Examine forecast period using Porters five forces, supply chain and value chain analysis
*Data regarding companies and business decision by having complete insights on the market and creating in-depth analysis of market segments

Target Audience:

*Smart grid manufacturers and suppliers
*Industry experts and consultants
*Smart grid suppliers
*Dealers and distributors in the market
*Government authorities and regional bodies
*Research institutes

Table of Content:

1 Executive Summary
2 Demographic Overview
3 Research Methodology
4 Premium Insights
5 Market Overview
6 Market Factor Analysis
7 Global Smart Grid Market By Application
8 Global Smart Grid Market By Type  
9 Global Smart Grid Market By Source
10 Global Smart Grid Market By Application
11 Global Market Smart Grid Market Analysis By Region
12 Market Trends & competitive Analysis
13 Company Profiles

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