Smart Grid Market Size, Share & Industry Analysis, By End-user (Utility, Industrial, Residential, and Commercial), By Component (Software, Hardware, and Services), and Regional Forecast, 2024-2032

Last Updated: February 17, 2025 | Format: PDF | Report ID: FBI102157

Table of Content

Introduction
1. Research Scope
2. Market Segmentation
3. Research Methodology
4. Definitions & Assumptions
Executive Summary
Market Dynamics
1. Market Drivers
2. Market Restraints
3. Market Opportunities
Key Insights
1. Key Emerging Trends – For Major Countries
2. Latest Technological Advancement
3. Insight on Regulatory Landscape
4. Porters Five Forces Analysis
5. Impact of COVID-19 on the Smart Grid Market
6. Smart Grid Value Chain Analysis
7. Precision Time Synchronization for Smart Grids
8. Analysis of Limiting the Integration of GPS and Current State of Alternatives
Global Smart Grid Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Component
  1. Software
  2. Hardware
  3. Services
3. Market Analysis, Insights, and Forecast – By End-User
  1. Utility
  2. Industrial
  3. Residential
  4. Commercial
4. Market Analysis, Insights, and Forecast – By Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America
  5. Middle East and Africa
North America Smart Grid Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Component
  1. Software
  2. Hardware
  3. Services
3. Market Analysis, Insights, and Forecast – By End-User
  1. Utility
  2. Industrial
  3. Residential
  4. Commercial
4. Market Analysis, Insights, and Forecast – By Country
  1. U.S. Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  2. Canada Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
Europe Smart Grid Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Component
  1. Software
  2. Hardware
  3. Services
3. Market Analysis, Insights, and Forecast – By End-User
  1. Utility
  2. Industrial
  3. Residential
  4. Commercial
4. Market Analysis, Insights, and Forecast – By Country
  1. U.K. Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  2. Germany Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  3. France Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  4. Spain Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  5. Italy Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  6. Russia Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  7. Rest of Europe Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
Asia Pacific Smart Grid Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Component
  1. Software
  2. Hardware
  3. Services
3. Market Analysis, Insights, and Forecast – By End-User
  1. Utility
  2. Industrial
  3. Residential
  4. Commercial
4. Market Analysis, Insights, and Forecast – By Country
  1. China Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  2. India Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  3. Japan Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  4. Australia Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  5. Southeast Asia Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  6. Rest of Asia-Pacific Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
Latin America Smart Grid Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Component
  1. Software
  2. Hardware
  3. Services
3. Market Analysis, Insights, and Forecast – By End-User
  1. Utility
  2. Industrial
  3. Residential
  4. Commercial
4. Market Analysis, Insights, and Forecast – By Country
  1. Brazil Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  2. Mexico Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  3. Rest of Latin America Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
Middle East and Africa Smart Grid Market (USD Billion) Analysis, Insights, and Forecast, 2019-2032
1. Key Findings
2. Market Analysis, Insights, and Forecast – By Component
  1. Software
  2. Hardware
  3. Services
3. Market Analysis, Insights, and Forecast – By End-User
  1. Utility
  2. Industrial
  3. Residential
  4. Commercial
4. Market Analysis, Insights, and Forecast – By Country
  1. GCC Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  2. South Africa Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
  3. Rest of MEA Market Analysis, Insights, and Forecast – By End-User
    1. Utility
    2. Industrial
    3. Residential
    4. Commercial
Competitive Analysis
1. Company Market Share Analysis, 2023
2. Company Profile
  1. ABB
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  2. Siemens
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  3. Schneider Electric SE
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  4. S&C Electric Company
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  5. Eaton
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  6. General Electric
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  7. IBM
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  8. Wipro Limited
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  9. Honeywell
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  10. Cisco
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  11. Aclara (Acquired by Hubbell)
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  12. Landis+Gyr
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  13. Oracle
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)
  14. Itron
    1. Business Overview
    2. Product and Service Offerings
    3. Recent Developments
    4. Financials (Based on Availability)

Read Less

List of Figures

Figure 1: Global Smart Grid Market Revenue Breakdown (USD Billion, %) by Region, 2023 & 2032

Figure 2: Global Smart Grid Market Value Share (%), By Component, 2023 & 2032

Figure 3: Global Smart Grid Market Forecast (USD Billion), by Software, 2019-2032

Figure 4: Global Smart Grid Market Forecast (USD Billion), by Hardware, 2019-2032

Figure 5: Global Smart Grid Market Forecast (USD Billion), by Services, 2019-2032

Figure 6: Global Smart Grid Market Value Share (%), By End-User, 2023 & 2032

Figure 7: Global Smart Grid Market Forecast (USD Billion), by Utility, 2019-2032

Figure 8: Global Smart Grid Market Forecast (USD Billion), by Industrial, 2019-2032

Figure 9: Global Smart Grid Market Forecast (USD Billion), by Residential, 2019-2032

Figure 10: Global Smart Grid Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 11: Global Smart Grid Market Value (USD Billion), by Region, 2023 & 2032

Figure 12: Global Smart Grid Market Share (%), by Region, 2023

Figure 13: North America Smart Grid Market Value Share (%), By Component, 2023 & 2032

Figure 14: North America Smart Grid Market Forecast (USD Billion), by Software, 2019-2032

Figure 15: North America Smart Grid Market Forecast (USD Billion), by Hardware, 2019-2032

Figure 16: North America Smart Grid Market Forecast (USD Billion), by Services, 2019-2032

Figure 17: North America Smart Grid Market Value Share (%), By End-User, 2023 & 2032

Figure 18: North America Smart Grid Market Forecast (USD Billion), by Utility, 2019-2032

Figure 19: North America Smart Grid Market Forecast (USD Billion), by Industrial, 2019-2032

Figure 20: North America Smart Grid Market Forecast (USD Billion), by Residential, 2019-2032

Figure 21: North America Smart Grid Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 22: North America Smart Grid Market Value (USD Billion), by Country, 2023 & 2032

Figure 23: North America Smart Grid Market Share (%), by Country, 2023

Figure 24: Europe Smart Grid Market Value Share (%), By Component, 2023 & 2032

Figure 25: Europe Smart Grid Market Forecast (USD Billion), by Software, 2019-2032

Figure 26: Europe Smart Grid Market Forecast (USD Billion), by Hardware, 2019-2032

Figure 27: Europe Smart Grid Market Forecast (USD Billion), by Services, 2019-2032

Figure 28: Europe Smart Grid Market Value Share (%), By End-User, 2023 & 2032

Figure 29: Europe Smart Grid Market Forecast (USD Billion), by Utility, 2019-2032

Figure 30: Europe Smart Grid Market Forecast (USD Billion), by Industrial, 2019-2032

Figure 31: Europe Smart Grid Market Forecast (USD Billion), by Residential, 2019-2032

Figure 32: Europe Smart Grid Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 33: Europe Smart Grid Market Value (USD Billion), by Country, 2023 & 2032

Figure 34: Europe Smart Grid Market Share (%), by Country, 2023

Figure 35: Asia Pacific Smart Grid Market Value Share (%), By Component, 2023 & 2032

Figure 36: Asia Pacific Smart Grid Market Forecast (USD Billion), by Software, 2019-2032

Figure 37: Asia Pacific Smart Grid Market Forecast (USD Billion), by Hardware, 2019-2032

Figure 38: Asia Pacific Smart Grid Market Forecast (USD Billion), by Services, 2019-2032

Figure 39: Asia Pacific Smart Grid Market Value Share (%), By End-User, 2023 & 2032

Figure 40: Asia Pacific Smart Grid Market Forecast (USD Billion), by Utility, 2019-2032

Figure 41: Asia Pacific Smart Grid Market Forecast (USD Billion), by Industrial, 2019-2032

Figure 42: Latin America Smart Grid Market Forecast (USD Billion), by Residential, 2019-2032

Figure 43: Asia Pacific Smart Grid Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 44: Asia Pacific Smart Grid Market Value (USD Billion), by Country, 2023 & 2032

Figure 45: Asia Pacific Smart Grid Market Share (%), by Country, 2023

Figure 46: Latin America Smart Grid Market Value Share (%), By Component, 2023 & 2032

Figure 47: Latin America Smart Grid Market Forecast (USD Billion), by Software, 2019-2032

Figure 48: Latin America Smart Grid Market Forecast (USD Billion), by Hardware, 2019-2032

Figure 49: Latin America Smart Grid Market Forecast (USD Billion), by Services, 2019-2032

Figure 50: Latin America Smart Grid Market Value Share (%), By End-User, 2023 & 2032

Figure 51: Latin America Smart Grid Market Forecast (USD Billion), by Utility, 2019-2032

Figure 52: Latin America Smart Grid Market Forecast (USD Billion), by Industrial, 2019-2032

Figure 53: Latin America Smart Grid Market Forecast (USD Billion), by Residential, 2019-2032

Figure 54: Latin America Smart Grid Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 55: Latin America Smart Grid Market Value (USD Billion), by Country, 2023 & 2032

Figure 56: Latin America Smart Grid Market Share (%), by Country, 2023

Figure 57: Middle East & Africa Smart Grid Market Value Share (%), By Component, 2023 & 2032

Figure 58: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Software, 2019-2032

Figure 59: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Hardware, 2019-2032

Figure 60: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Services, 2019-2032

Figure 61: Middle East & Africa Smart Grid Market Value Share (%), By End-User, 2023 & 2032

Figure 62: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Utility, 2019-2032

Figure 63: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Industrial, 2019-2032

Figure 64: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Residential, 2019-2032

Figure 65: Middle East & Africa Smart Grid Market Forecast (USD Billion), by Commercial, 2019-2032

Figure 66: Middle East & Africa Smart Grid Market Value (USD Billion), by Country, 2023 & 2032

Figure 67: Middle East & Africa Smart Grid Market Share (%), by Country, 2023

Figure 68: Company Market Share Analysis (%), 2023

List of Tables

Table 1: Global Smart Grid Market Revenue (USD Billion) Forecast, by Component, 2019-2032

Table 2: Global Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 3: Global Smart Grid Market Revenue (USD Billion) Forecast, By Region, 2019-2032

Table 4: North America Smart Grid Market Revenue (USD Billion) Forecast, by Component, 2019-2032

Table 5: North America Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 6: North America Smart Grid Market Revenue (USD Billion) Forecast, By Country, 2019-2032

Table 7: U.S. Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 8: Canada Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 9: Europe Smart Grid Market Revenue (USD Billion) Forecast, by Component, 2019-2032

Table 10: Europe Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 11: Europe Smart Grid Market Revenue (USD Billion) Forecast, By Country, 2019-2032

Table 12: United Kingdom Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 13: Germany Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 14: France Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 15: Spain Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 16: Italy Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 17: Russia Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 18: Rest of Europe Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 19: Asia Pacific Smart Grid Market Revenue (USD Billion) Forecast, by Component, 2019-2032

Table 20: Asia Pacific Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 21: Asia Pacific Smart Grid Market Revenue (USD Billion) Forecast, By Country, 2019-2032

Table 22: China Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 23: India Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 24: Japan Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 25: Austalia Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 26: Southeast Asia Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 27: Rest of Asia Pacific Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 28: Latin America Smart Grid Market Revenue (USD Billion) Forecast, by Component, 2019-2032

Table 29: Latin America Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 30: Latin America Smart Grid Market Revenue (USD Billion) Forecast, By Country, 2019-2032

Table 31: Brazil Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 32: Mexico Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 33: Rest of Latin America Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 34: Middle East & Africa Smart Grid Market Revenue (USD Billion) Forecast, by Component, 2019-2032

Table 35: Middle East & Africa Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 36: Middle East & Africa Smart Grid Market Revenue (USD Billion) Forecast, By Country, 2019-2032

Table 37: GCC Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 38: South Africa Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

Table 39: Rest of Middle East & Africa Smart Grid Market Revenue (USD Billion) Forecast, by End-User, 2019-2032

STUDY PERIOD: 2019-2032
BASE YEAR:2023
HISTORICAL DATA: 2019-2022
NO OF PAGES: 253

Consulting Services

Energy & Power Clients

Related Reports

Get in Touch with Us

US +1 833 909 2966 ( Toll Free )

UK +44 808 502 0280 ( Toll Free )

+91 744 740 1245 (APAC)
[email protected]