Global Power Grid Services Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global Power Grid Services market size will reach 11,502 Million USD in 2025 and is projected to reach 20,268 Million USD by 2032, with a CAGR of 8.43% (2025-2032). Notably, the China Power Grid Services market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Power grid services encompass a range of essential functions that ensure the reliable and efficient delivery of electricity within an electrical grid. These services include grid management, which involves monitoring and controlling the flow of electricity to match supply with demand while maintaining grid stability. Grid maintenance is crucial for keeping the grid infrastructure in optimal condition through regular inspections, repairs, and upgrades to prevent failures and improve reliability. Additionally, power grid services involve grid expansion to accommodate increasing energy demands and integrate new sources of generation, requiring planning, design, and implementation of new infrastructure. These services play a vital role in maintaining the integrity of the electrical grid, ensuring uninterrupted power supply to homes, businesses, and industries.
The major global suppliers of Power Grid Services include Siemens AG, ABB Ltd, Aker Solutions ASA, Bandak Group AS, Cameron International Corp, Dril-Quip Inc., Expro International Group Holdings Limited, FMC Technologies Inc., General Electric Co., JDR Cable Systems (Holdings) Ltd, Nexans SA, Norddeutsche Seekabelwerke Gmbh (NSW), Oceaneering International Inc., Parker Hannifin Corporation, Prysmian Group, Schlumberger Limited, SIEM Offshore Contractors, Technip SA, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Power Grid Services. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global Power Grid Services market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Power Grid Services market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Power Grid Services industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Suppliers of Power Grid Services Include:
Siemens AG
ABB Ltd
Aker Solutions ASA
Bandak Group AS
Cameron International Corp
Dril-Quip Inc.
Expro International Group Holdings Limited
FMC Technologies Inc.
General Electric Co.
JDR Cable Systems (Holdings) Ltd
Nexans SA
Norddeutsche Seekabelwerke Gmbh (NSW)
Oceaneering International Inc.
Parker Hannifin Corporation
Prysmian Group
Schlumberger Limited
SIEM Offshore Contractors
Technip SA
Power Grid Services Product Segment Include:
Reactive Power Compensation
Voltage Regulation
Flicker Control
Active Power Filtering
Harmonic Cancellation
Power Grid Services Product Application Include:
Industrial Electricity
Residential Electricity
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Power Grid Services Industry PESTEL Analysis
Chapter 3: Global Power Grid Services Industry Porter's Five Forces Analysis
Chapter 4: Global Power Grid Services Major Regional Market Size (Revenue) and Forecast Analysis
Chapter 5: Global Power Grid Services Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 6: Global Power Grid Services Revenue and Forecast Analysis by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 8: Industrial Chain Analysis, Power Grid Services Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global Power Grid Services market size will reach 11,502 Million USD in 2025 and is projected to reach 20,268 Million USD by 2032, with a CAGR of 8.43% (2025-2032). Notably, the China Power Grid Services market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Power grid services encompass a range of essential functions that ensure the reliable and efficient delivery of electricity within an electrical grid. These services include grid management, which involves monitoring and controlling the flow of electricity to match supply with demand while maintaining grid stability. Grid maintenance is crucial for keeping the grid infrastructure in optimal condition through regular inspections, repairs, and upgrades to prevent failures and improve reliability. Additionally, power grid services involve grid expansion to accommodate increasing energy demands and integrate new sources of generation, requiring planning, design, and implementation of new infrastructure. These services play a vital role in maintaining the integrity of the electrical grid, ensuring uninterrupted power supply to homes, businesses, and industries.
The major global suppliers of Power Grid Services include Siemens AG, ABB Ltd, Aker Solutions ASA, Bandak Group AS, Cameron International Corp, Dril-Quip Inc., Expro International Group Holdings Limited, FMC Technologies Inc., General Electric Co., JDR Cable Systems (Holdings) Ltd, Nexans SA, Norddeutsche Seekabelwerke Gmbh (NSW), Oceaneering International Inc., Parker Hannifin Corporation, Prysmian Group, Schlumberger Limited, SIEM Offshore Contractors, Technip SA, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Power Grid Services. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major suppliers, as well as the market status and trends of different product types and applications in the global Power Grid Services market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Power Grid Services market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Power Grid Services industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Suppliers of Power Grid Services Include:
Siemens AG
ABB Ltd
Aker Solutions ASA
Bandak Group AS
Cameron International Corp
Dril-Quip Inc.
Expro International Group Holdings Limited
FMC Technologies Inc.
General Electric Co.
JDR Cable Systems (Holdings) Ltd
Nexans SA
Norddeutsche Seekabelwerke Gmbh (NSW)
Oceaneering International Inc.
Parker Hannifin Corporation
Prysmian Group
Schlumberger Limited
SIEM Offshore Contractors
Technip SA
Power Grid Services Product Segment Include:
Reactive Power Compensation
Voltage Regulation
Flicker Control
Active Power Filtering
Harmonic Cancellation
Power Grid Services Product Application Include:
Industrial Electricity
Residential Electricity
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Power Grid Services Industry PESTEL Analysis
Chapter 3: Global Power Grid Services Industry Porter's Five Forces Analysis
Chapter 4: Global Power Grid Services Major Regional Market Size (Revenue) and Forecast Analysis
Chapter 5: Global Power Grid Services Competitive Analysis of Key Suppliers (Revenue, Market Share, Regional Distribution and Industry Concentration)
Chapter 6: Global Power Grid Services Revenue and Forecast Analysis by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Revenue and Gross Margin)
Chapter 8: Industrial Chain Analysis, Power Grid Services Different Application Market Analysis (Revenue and Forecast) and Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Power Grid Services Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Power Grid Services Product by Type
- 1.2.1 Reactive Power Compensation
- 1.2.2 Voltage Regulation
- 1.2.3 Flicker Control
- 1.2.4 Active Power Filtering
- 1.2.5 Harmonic Cancellation
- 1.3 Power Grid Services Product by Application
- 1.3.1 Industrial Electricity
- 1.3.2 Residential Electricity
- 1.4 Global Power Grid Services Market Size Analysis (2020-2032)
- 1.5 Power Grid Services Market Development Status and Trends
- 1.5.1 Power Grid Services Industry Development Status Analysis
- 1.5.2 Power Grid Services Industry Development Trends Analysis
- 2 Power Grid Services Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Power Grid Services Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Power Grid Services Market Analysis by Country
- 4.1 Global Power Grid Services Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Power Grid Services Revenue Analysis by Country (2020-2025)
- 4.1.2 Global Power Grid Services Revenue Forecast Analysis by Country (2026-2032)
- 4.2 United States Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.3 Germany Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.4 Japan Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.5 China Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.6 France Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.7 U.K. Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.8 South Korea Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.9 Canada Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.10 Italy Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.11 Russia Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.12 Mexico Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.13 Brazil Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.14 India Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.15 Vietnam Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.16 Thailand Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 4.17 South Africa Power Grid Services Market Revenue and Growth Rate (2020-2032)
- 5 Competition by Suppliers
- 5.1 Global Power Grid Services Market Revenue by Key Suppliers (2021-2025)
- 5.2 Power Grid Services Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Power Grid Services Competitive Landscape Analysis
- 5.2.2 Global Key Suppliers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Power Grid Services Market Analysis by Type
- 6.1 Global Power Grid Services Market Size Analysis by Type: 2024 VS 2025 VS 2032
- 6.2 Global Power Grid Services Revenue and Forecast Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 Siemens AG
- 7.1.1 Siemens AG Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 Siemens AG Power Grid Services Product Portfolio
- 7.1.3 Siemens AG Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.2 ABB Ltd
- 7.2.1 ABB Ltd Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 ABB Ltd Power Grid Services Product Portfolio
- 7.2.3 ABB Ltd Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.3 Aker Solutions ASA
- 7.3.1 Aker Solutions ASA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Aker Solutions ASA Power Grid Services Product Portfolio
- 7.3.3 Aker Solutions ASA Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.4 Bandak Group AS
- 7.4.1 Bandak Group AS Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Bandak Group AS Power Grid Services Product Portfolio
- 7.4.3 Bandak Group AS Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.5 Cameron International Corp
- 7.5.1 Cameron International Corp Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Cameron International Corp Power Grid Services Product Portfolio
- 7.5.3 Cameron International Corp Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.6 Dril-Quip Inc.
- 7.6.1 Dril-Quip Inc. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Dril-Quip Inc. Power Grid Services Product Portfolio
- 7.6.3 Dril-Quip Inc. Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.7 Expro International Group Holdings Limited
- 7.7.1 Expro International Group Holdings Limited Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Expro International Group Holdings Limited Power Grid Services Product Portfolio
- 7.7.3 Expro International Group Holdings Limited Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.8 FMC Technologies Inc.
- 7.8.1 FMC Technologies Inc. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 FMC Technologies Inc. Power Grid Services Product Portfolio
- 7.8.3 FMC Technologies Inc. Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.9 General Electric Co.
- 7.9.1 General Electric Co. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 General Electric Co. Power Grid Services Product Portfolio
- 7.9.3 General Electric Co. Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.10 JDR Cable Systems (Holdings) Ltd
- 7.10.1 JDR Cable Systems (Holdings) Ltd Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 JDR Cable Systems (Holdings) Ltd Power Grid Services Product Portfolio
- 7.10.3 JDR Cable Systems (Holdings) Ltd Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.11 Nexans SA
- 7.11.1 Nexans SA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 Nexans SA Power Grid Services Product Portfolio
- 7.11.3 Nexans SA Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.12 Norddeutsche Seekabelwerke Gmbh (NSW)
- 7.12.1 Norddeutsche Seekabelwerke Gmbh (NSW) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.12.2 Norddeutsche Seekabelwerke Gmbh (NSW) Power Grid Services Product Portfolio
- 7.12.3 Norddeutsche Seekabelwerke Gmbh (NSW) Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.13 Oceaneering International Inc.
- 7.13.1 Oceaneering International Inc. Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.13.2 Oceaneering International Inc. Power Grid Services Product Portfolio
- 7.13.3 Oceaneering International Inc. Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.14 Parker Hannifin Corporation
- 7.14.1 Parker Hannifin Corporation Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.14.2 Parker Hannifin Corporation Power Grid Services Product Portfolio
- 7.14.3 Parker Hannifin Corporation Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.15 Prysmian Group
- 7.15.1 Prysmian Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.15.2 Prysmian Group Power Grid Services Product Portfolio
- 7.15.3 Prysmian Group Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.16 Schlumberger Limited
- 7.16.1 Schlumberger Limited Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.16.2 Schlumberger Limited Power Grid Services Product Portfolio
- 7.16.3 Schlumberger Limited Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.17 SIEM Offshore Contractors
- 7.17.1 SIEM Offshore Contractors Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.17.2 SIEM Offshore Contractors Power Grid Services Product Portfolio
- 7.17.3 SIEM Offshore Contractors Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 7.18 Technip SA
- 7.18.1 Technip SA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.18.2 Technip SA Power Grid Services Product Portfolio
- 7.18.3 Technip SA Power Grid Services Market Data Analysis (Revenue, Gross Margin and Market Share) (2021-2025)
- 8 Industry Chain Analysis
- 8.1 Power Grid Services Industry Chain Analysis
- 8.2 Power Grid Services Product Downstream Application Analysis
- 8.2.1 Global Power Grid Services Market Size and Growth Rate (CAGR) by Application: 2024 VS 2025 VS 2032
- 8.2.2 Global Power Grid Services Revenue and Forecast by Application (2020-2032)
- 8.3 Power Grid Services Typical Downstream Customers
- 8.4 Power Grid Services Sales Channel Analysis
- 9 Research Findings and Conclusion
- 10 Methodology and Data Source
- 10.1 Methodology/Research Approach
- 10.2 Research Scope
- 10.3 Benchmarks and Assumptions
- 10.4 Date Source
- 10.4.1 Primary Sources
- 10.4.2 Secondary Sources
- 10.5 Data Cross Validation
- 10.6 Disclaimer
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