Smart Power Distribution Systems

Smart Power Distribution Systems

Global Smart Power Distribution Systems Market to Reach $60 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Smart Power Distribution Systems estimated at US$24.7 Billion in the year 2020, is projected to reach a revised size of US$60 Billion by 2027, growing at a CAGR of 13.5% over the analysis period 2020-2027. Software, one of the segments analyzed in the report, is projected to record a 15.3% CAGR and reach US$33.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hardware segment is readjusted to a revised 11.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $7.3 Billion, While China is Forecast to Grow at 12.9% CAGR

The Smart Power Distribution Systems market in the U.S. is estimated at US$7.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.4 Billion by the year 2027 trailing a CAGR of 12.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12% and 11.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.7% CAGR.

Services Segment to Record 10.5% CAGR

In the global Services segment, USA, Canada, Japan, China and Europe will drive the 10.5% 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$3.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 18 Featured) -

  • ABB Group
  • Aclara Technologies LLC
  • Cisco Systems, Inc.
  • Eaton Corporation PLC
  • General Electric Company
  • Itron, Inc.
  • Landis+Gyr AG
  • Oracle Corporation
  • Schneider Electric SA
  • Siemens AG
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Smart Power Distribution Systems – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: World Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 2: World 7-Year Perspective for Smart Power Distribution Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2021 & 2027
TABLE 3: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 4: World 7-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 5: World Recent Past, Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 6: World 7-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 7: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 8: World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 9: World Recent Past, Current & Future Analysis for Industrial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 10: World 7-Year Perspective for Industrial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 11: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 12: World 7-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 13: World Recent Past, Current & Future Analysis for Residential by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 14: World 7-Year Perspective for Residential by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2021 & 2027
TABLE 15: World Smart Power Distribution Systems Market Analysis of Annual Sales in US$ Million for Years 2012 through 2027
III. MARKET ANALYSIS
UNITED STATES
Smart Power Distribution Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
TABLE 16: USA Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 17: USA 7-Year Perspective for Smart Power Distribution Systems by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
TABLE 18: USA Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Application - Industrial, Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 19: USA 7-Year Perspective for Smart Power Distribution Systems by Application - Percentage Breakdown of Value Sales for Industrial, Commercial and Residential for the Years 2021 & 2027
CANADA
TABLE 20: Canada Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 21: Canada 7-Year Perspective for Smart Power Distribution Systems by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
TABLE 22: Canada Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Application - Industrial, Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 23: Canada 7-Year Perspective for Smart Power Distribution Systems by Application - Percentage Breakdown of Value Sales for Industrial, Commercial and Residential for the Years 2021 & 2027
JAPAN
Smart Power Distribution Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
TABLE 24: Japan Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 25: Japan 7-Year Perspective for Smart Power Distribution Systems by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
TABLE 26: Japan Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Application - Industrial, Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 27: Japan 7-Year Perspective for Smart Power Distribution Systems by Application - Percentage Breakdown of Value Sales for Industrial, Commercial and Residential for the Years 2021 & 2027
CHINA
Smart Power Distribution Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
TABLE 28: China Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 29: China 7-Year Perspective for Smart Power Distribution Systems by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
TABLE 30: China Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Application - Industrial, Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 31: China 7-Year Perspective for Smart Power Distribution Systems by Application - Percentage Breakdown of Value Sales for Industrial, Commercial and Residential for the Years 2021 & 2027
EUROPE
Smart Power Distribution Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
TABLE 32: Europe Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
TABLE 33: Europe 7-Year Perspective for Smart Power Distribution Systems by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2021 & 2027
TABLE 34: Europe Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 35: Europe 7-Year Perspective for Smart Power Distribution Systems by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
TABLE 36: Europe Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Application - Industrial, Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 37: Europe 7-Year Perspective for Smart Power Distribution Systems by Application - Percentage Breakdown of Value Sales for Industrial, Commercial and Residential for the Years 2021 & 2027
FRANCE
Smart Power Distribution Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
TABLE 38: France Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 39: France 7-Year Perspective for Smart Power Distribution Systems by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
TABLE 40: France Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Application - Industrial, Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 41: France 7-Year Perspective for Smart Power Distribution Systems by Application - Percentage Breakdown of Value Sales for Industrial, Commercial and Residential for the Years 2021 & 2027
GERMANY
Smart Power Distribution Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
TABLE 42: Germany Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 43: Germany 7-Year Perspective for Smart Power Distribution Systems by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
TABLE 44: Germany Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Application - Industrial, Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 45: Germany 7-Year Perspective for Smart Power Distribution Systems by Application - Percentage Breakdown of Value Sales for Industrial, Commercial and Residential for the Years 2021 & 2027
ITALY
TABLE 46: Italy Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 47: Italy 7-Year Perspective for Smart Power Distribution Systems by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
TABLE 48: Italy Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Application - Industrial, Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 49: Italy 7-Year Perspective for Smart Power Distribution Systems by Application - Percentage Breakdown of Value Sales for Industrial, Commercial and Residential for the Years 2021 & 2027
UNITED KINGDOM
Smart Power Distribution Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
TABLE 50: UK Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 51: UK 7-Year Perspective for Smart Power Distribution Systems by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
TABLE 52: UK Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Application - Industrial, Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 53: UK 7-Year Perspective for Smart Power Distribution Systems by Application - Percentage Breakdown of Value Sales for Industrial, Commercial and Residential for the Years 2021 & 2027
REST OF EUROPE
TABLE 54: Rest of Europe Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 55: Rest of Europe 7-Year Perspective for Smart Power Distribution Systems by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
TABLE 56: Rest of Europe Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Application - Industrial, Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 57: Rest of Europe 7-Year Perspective for Smart Power Distribution Systems by Application - Percentage Breakdown of Value Sales for Industrial, Commercial and Residential for the Years 2021 & 2027
ASIA-PACIFIC
Smart Power Distribution Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
TABLE 58: Asia-Pacific Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 59: Asia-Pacific 7-Year Perspective for Smart Power Distribution Systems by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
TABLE 60: Asia-Pacific Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Application - Industrial, Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 61: Asia-Pacific 7-Year Perspective for Smart Power Distribution Systems by Application - Percentage Breakdown of Value Sales for Industrial, Commercial and Residential for the Years 2021 & 2027
REST OF WORLD
TABLE 62: Rest of World Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Component - Software, Hardware and Services - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 63: Rest of World 7-Year Perspective for Smart Power Distribution Systems by Component - Percentage Breakdown of Value Sales for Software, Hardware and Services for the Years 2021 & 2027
TABLE 64: Rest of World Recent Past, Current & Future Analysis for Smart Power Distribution Systems by Application - Industrial, Commercial and Residential - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
TABLE 65: Rest of World 7-Year Perspective for Smart Power Distribution Systems by Application - Percentage Breakdown of Value Sales for Industrial, Commercial and Residential for the Years 2021 & 2027
IV. COMPETITION

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