Smart Grid Networking

Smart Grid Networking

Global Smart Grid Networking Market to Reach $20.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Smart Grid Networking estimated at US$11.3 Billion in the year 2020, is projected to reach a revised size of US$20.4 Billion by 2027, growing at a CAGR of 8.8% over the analysis period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record a 7.7% CAGR and reach US$8.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 9.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 8.3% CAGR

The Smart Grid Networking market in the U.S. is estimated at US$3.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.6 Billion by the year 2027 trailing a CAGR of 8.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.3% CAGR.

Services Segment to Record 11.1% CAGR

In the global Services segment, USA, Canada, Japan, China and Europe will drive the 11.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.7 Billion in the year 2020 will reach a projected size of US$3.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.4 Billion by the year 2027.We bring years of research experience to this 6th edition of our report. The 111-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • ABB Group
  • Cisco Systems, Inc.
  • Fujitsu Ltd.
  • General Electric Company
  • Huawei Technologies Co., Ltd.
  • Itron, Inc.
  • Mitsubishi Electric Corporation
  • Schneider Electric SA
  • Siemens AG
  • Silver Spring Networks, Inc.


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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Smart Grid Networking Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Smart Grid Networking Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027
TABLE 2: Smart Grid Networking Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: Hardware (Component) World Market by Region/Country in US$ Million: 2020 to 2027
TABLE 4: Hardware (Component) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
TABLE 5: Software (Component) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027
TABLE 6: Software (Component) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
TABLE 7: Services (Component) Geographic Market Spread Worldwide in US$ Million: 2020 to 2027
TABLE 8: Services (Component) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Smart Grid Networking Market Share (in %) by Company: 2019 & 2025
Market Analytics
TABLE 9: United States Smart Grid Networking Market Estimates and Projections in US$ Million by Component: 2020 to 2027
TABLE 10: United States Smart Grid Networking Market Share Breakdown by Component: 2020 VS 2027
CANADA
TABLE 11: Canadian Smart Grid Networking Market Estimates and Forecasts in US$ Million by Component: 2020 to 2027
TABLE 12: Smart Grid Networking Market in Canada: Percentage Share Breakdown of Sales by Component for 2020 and 2027
JAPAN
TABLE 13: Japanese Market for Smart Grid Networking: Annual Sales Estimates and Projections in US$ Million by Component for the Period 2020-2027
TABLE 14: Japanese Smart Grid Networking Market Share Analysis by Component: 2020 VS 2027
CHINA
TABLE 15: Chinese Smart Grid Networking Market Growth Prospects in US$ Million by Component for the Period 2020-2027
TABLE 16: Chinese Smart Grid Networking Market by Component: Percentage Breakdown of Sales for 2020 and 2027
EUROPE
Market Facts & Figures
European Smart Grid Networking Market: Competitor Market Share Scenario (in %) for 2019 & 2025
Market Analytics
TABLE 17: European Smart Grid Networking Market Demand Scenario in US$ Million by Region/Country: 2018-2025
TABLE 18: European Smart Grid Networking Market Share Shift by Region/Country: 2020 VS 2027
TABLE 19: European Smart Grid Networking Market Estimates and Forecasts in US$ Million by Component: 2020-2027
TABLE 20: European Smart Grid Networking Market Share Breakdown by Component: 2020 VS 2027
FRANCE
TABLE 21: Smart Grid Networking Market in France by Component: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 22: French Smart Grid Networking Market Share Analysis by Component: 2020 VS 2027
GERMANY
TABLE 23: Smart Grid Networking Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Component for the Period 2020-2027
TABLE 24: German Smart Grid Networking Market Share Breakdown by Component: 2020 VS 2027
ITALY
TABLE 25: Italian Smart Grid Networking Market Growth Prospects in US$ Million by Component for the Period 2020-2027
TABLE 26: Italian Smart Grid Networking Market by Component: Percentage Breakdown of Sales for 2020 and 2027
UNITED KINGDOM
TABLE 27: United Kingdom Market for Smart Grid Networking: Annual Sales Estimates and Projections in US$ Million by Component for the Period 2020-2027
TABLE 28: United Kingdom Smart Grid Networking Market Share Analysis by Component: 2020 VS 2027
REST OF EUROPE
TABLE 29: Rest of Europe Smart Grid Networking Market Estimates and Forecasts in US$ Million by Component: 2020-2027
TABLE 30: Rest of Europe Smart Grid Networking Market Share Breakdown by Component: 2020 VS 2027
ASIA-PACIFIC
TABLE 31: Smart Grid Networking Market in Asia-Pacific by Component: Estimates and Projections in US$ Million for the Period 2020-2027
TABLE 32: Asia-Pacific Smart Grid Networking Market Share Analysis by Component: 2020 VS 2027
REST OF WORLD
TABLE 33: Rest of World Smart Grid Networking Market Estimates and Forecasts in US$ Million by Component: 2020 to 2027
TABLE 34: Smart Grid Networking Market in Rest of World: Percentage Share Breakdown of Sales by Component for 2020 and 2027
IV. COMPETITION
Total Companies Profiled: 43

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