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Smart Energy Market Size, Share, By Product (Smart Meters, PV Monitoring System, Smart Grid, Digital Oilfield, Smart Solar, Home Energy Management System, and Others), End-User (Industrial, Commercial, Residential, and Utilities), and Region - Trends, Ana

Publisher Prophecy Market Insights
Published Feb 25, 2025
Length 176 Pages
SKU # PRMI19808484

Description

Smart Energy Market Size, Share, By Product (Smart Meters, PV Monitoring System, Smart Grid, Digital Oilfield, Smart Solar, Home Energy Management System, and Others), End-User (Industrial, Commercial, Residential, and Utilities), and Region - Trends, Analysis, and Forecast till 2035

Smart energy is the process of using devices for energy-efficiency. It focuses on powerful, sustainable renewable energy sources that promote greater eco-friendliness while driving down costs. The market is flourishing attributable to the factors including rising demand for dependable power solutions, expanding commercial and industrial sectors, rising adoption of new and effective power solutions, incentive programs by government, increasing rate of energy consumption, and others.

Key Benefits of Purchasing This Report

Gain valuable insights into revenue projections for the overall market and its sub-segments, benefiting industry leaders and new entrants.

Enhance your understanding of the competitive landscape to refine business positioning and optimize go-to-market strategies.

Stay informed on the latest trends in the Smart Energy Market, including key drivers, challenges, opportunities, and barriers.

Smart Energy Market Report Highlights:

Ahead of 2035, the market is predicted to extend at USD 484.7 Billion.

In 2024, the smart energy market size was valued at USD 178 Billion

Target market is developing at a CAGR of 10.6%.

By product, the smart grid segment is expected to hold the dominant smart energy market share during the forecast period.

Based on end-user, the residential segment is major contributor in the market expansion.

The North American region is expected to dominate the market during the projected period.

Asia Pacific is projected to witness fastest growth in the market during the forecast period.

Smart Energy Market Key Highlights:
  • In November 2024, Tata Power signed a Memorandum of Understanding (MoU) with Noida International Airport (NIA) to develop a smart energy infrastructure. This partnership aims to make NIA one of India's most eco-friendly airports by integrating renewable energy into its operations.
  • In February 2024, ST Engineering announced that its Urban Solutions business has launched AGIL Smart Energy Building, a next-generation suite of smart energy solutions that enable building owners to take a whole-of-building approach in energy optimization to achieve total energy savings of up to 25%, accelerating building decarbonization.
Segmentation:

By Product:
  • Smart Meters
  • PV Monitoring System
  • Smart Grid
  • Digital Oilfield
  • Smart Solar
  • Home Energy Management System
  • Others
By End User:
  • Industrial
  • Commercial
  • Residential
  • Utilities
By Region:
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • U.K.
  • France
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • Indonesia
  • Malaysia
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa
Smart Energy Market Competitive Landscape
  • Siemens
  • CISCO SYSTEMS, INC.
  • HONEYWELL INTERNATIONAL INC
  • Oracle
  • ABB
  • General Electric Company
  • Schneider Electric
  • ITRON INC.
  • IBM
  • Hitachi Energy Ltd.
  • Delta Electronics, Inc.
  • AmpereHour Energy
  • SPARKMETER
  • SYNDEM LLC
Key Questions Answered in This Report

1. What was the size of the Smart Energy Market in 2024?

2. What is the expected growth rate of the Smart Energy Market during 2025-2035?

3. What are the key factors driving the Smart Energy Market?

4. What is the breakup of the Smart Energy Market based on the distribution channel?

5. What are the key regions in the Smart Energy Market?

6. Who are the key players/companies in the Smart Energy Market?

7. What are the drivers, restraints, and opportunities in the Smart Energy Market?

Table of Contents

176 Pages
Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product
Market Snippet, By End-User
Market Snippet, By Region
Opportunity Map Analysis
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Market Trends
Product Launch
Merger and Acquisitions
Impact Analysis
PEST Analysis
Porter’s Analysis
Product Launch
Collaboration & Partnership Scenarios
Market Segmentation, By Product, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Smart Meters
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
PV Monitoring System
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Smart Grid
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Digital Oilfield
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Smart Solar
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Home Energy Management System
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By End-User, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Industrial
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Commercial
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Residential
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Utilities
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Regional Trends
North America
Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
U.S
Canada
Asia Pacific
Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
China
India
Japan
Australia
Indonesia
Malaysia
South Korea
Rest of Asia Pacific
Europe
Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Germany
U.K.
France
Russia
Italy
Spain
Netherlands
Rest of Europe
Latin America
Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
Market Size and Forecast (USD Bn), By Product, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By End-User, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
GCC
Israel
South Africa
Rest of Middle East and Africa

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