Grid Modernization Global Market Report 2025

Grid Modernization Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on grid modernization market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Description:

Where is the largest and fastest growing market for grid modernization ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The grid modernization market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope

Markets Covered:1) By Component: Hardware; Software; Services

2) By Application: Residential; Commercial; Industrial

3) By End-User: Utilities; Independent Power Producers (IPPs); Government And Municipalities

Subsegments:

1) By Hardware: Smart Meters; Circuit Breakers; Switchgear; Transformers; Sensors; Communication Equipment; Distribution Automation Devices

2) By Software: Advanced Distribution Management Systems (ADMS); Energy Management Systems (EMS); Grid Operations and Control Software; SCADA Systems; Analytics Software; Forecasting and Optimization Software

3) By Services: Consulting Services; Integration and Deployment Services; Maintenance and Support Services; Managed Services; Training and Certification Services

Companies Mentioned: Hitachi Energy Ltd.; Siemens AG; Cisco Systems Inc.; Oracle Corporation; Schneider Electric SE

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.


1. Executive Summary
2. Grid Modernization Market Characteristics
3. Grid Modernization Market Trends And Strategies
4. Grid Modernization Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
5. Global Grid Modernization Growth Analysis And Strategic Analysis Framework
5.1. Global Grid Modernization PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Grid Modernization Market Growth Rate Analysis
5.4. Global Grid Modernization Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Grid Modernization Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Grid Modernization Total Addressable Market (TAM)
6. Grid Modernization Market Segmentation
6.1. Global Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Hardware
Software
Services
6.2. Global Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Residential
Commercial
Industrial
6.3. Global Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Utilities
Independent Power Producers (IPPs)
Government And Municipalities
6.4. Global Grid Modernization Market, Sub-Segmentation Of Hardware, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Smart Meters
Circuit Breakers
Switchgear
Transformers
Sensors
Communication Equipment
Distribution Automation Devices
6.5. Global Grid Modernization Market, Sub-Segmentation Of Software, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Advanced Distribution Management Systems (ADMS)
Energy Management Systems (EMS)
Grid Operations and Control Software
SCADA Systems
Analytics Software
Forecasting And Optimization Software
6.6. Global Grid Modernization Market, Sub-Segmentation Of Services, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Consulting Services
Integration And Deployment Services
Maintenance And Support Services
Managed Services
Training And Certification Services
7. Grid Modernization Market Regional And Country Analysis
7.1. Global Grid Modernization Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Grid Modernization Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Grid Modernization Market
8.1. Asia-Pacific Grid Modernization Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Grid Modernization Market
9.1. China Grid Modernization Market Overview
9.2. China Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Grid Modernization Market
10.1. India Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Grid Modernization Market
11.1. Japan Grid Modernization Market Overview
11.2. Japan Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Grid Modernization Market
12.1. Australia Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Grid Modernization Market
13.1. Indonesia Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Grid Modernization Market
14.1. South Korea Grid Modernization Market Overview
14.2. South Korea Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Grid Modernization Market
15.1. Western Europe Grid Modernization Market Overview
15.2. Western Europe Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Grid Modernization Market
16.1. UK Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Grid Modernization Market
17.1. Germany Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Grid Modernization Market
18.1. France Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Grid Modernization Market
19.1. Italy Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Grid Modernization Market
20.1. Spain Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Grid Modernization Market
21.1. Eastern Europe Grid Modernization Market Overview
21.2. Eastern Europe Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Grid Modernization Market
22.1. Russia Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Grid Modernization Market
23.1. North America Grid Modernization Market Overview
23.2. North America Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Grid Modernization Market
24.1. USA Grid Modernization Market Overview
24.2. USA Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Grid Modernization Market
25.1. Canada Grid Modernization Market Overview
25.2. Canada Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Grid Modernization Market
26.1. South America Grid Modernization Market Overview
26.2. South America Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Grid Modernization Market
27.1. Brazil Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Grid Modernization Market
28.1. Middle East Grid Modernization Market Overview
28.2. Middle East Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Grid Modernization Market
29.1. Africa Grid Modernization Market Overview
29.2. Africa Grid Modernization Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Grid Modernization Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Grid Modernization Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Grid Modernization Market Competitive Landscape And Company Profiles
30.1. Grid Modernization Market Competitive Landscape
30.2. Grid Modernization Market Company Profiles
30.2.1. Hitachi Energy Ltd. Overview, Products and Services, Strategy and Financial Analysis
30.2.2. Siemens AG Overview, Products and Services, Strategy and Financial Analysis
30.2.3. Cisco Systems Inc. Overview, Products and Services, Strategy and Financial Analysis
30.2.4. Oracle Corporation Overview, Products and Services, Strategy and Financial Analysis
30.2.5. Schneider Electric SE Overview, Products and Services, Strategy and Financial Analysis
31. Grid Modernization Market Other Major And Innovative Companies
31.1. Mitsubishi Electric Corporation
31.2. Honeywell International Inc.
31.3. NRG Energy Inc.
31.4. ABB Ltd.
31.5. Wipro Limited
31.6. Tech Mahindra Limited
31.7. Xylem Inc.
31.8. Itron Inc.
31.9. Elster Group GmbH
31.10. Enel X S.r.l.
31.11. Kamstrup A/S
31.12. Trilliant Holdings Inc.
31.13. Fluentgrid Limited
31.14. Tantalus Systems Holding Inc.
31.15. eSmart Systems AS
32. Global Grid Modernization Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Grid Modernization Market
34. Recent Developments In The Grid Modernization Market
35. Grid Modernization Market High Potential Countries, Segments and Strategies
35.1 Grid Modernization Market In 2029 - Countries Offering Most New Opportunities
35.2 Grid Modernization Market In 2029 - Segments Offering Most New Opportunities
35.3 Grid Modernization Market In 2029 - Growth Strategies
35.3.1 Market Trend Based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer

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