Smart Grid Market – Global Forecast To 2029
スマートグリッド市場 : コンポーネント (ソフトウェア、ハードウェア、サービス)、用途 (発電、伝送、配信、消費)、通信技術 (有線、無線)、地域 (北米、ヨーロッパ、APAC、ROW) – 2029年までの世界予測
Smart Grid Market by Component (Software, Hardware, Services), Application (Generation, Transmission, Distribution, Consumption), Communication Technology (Wireline, Wireless), & Region(North America, Europe, APAC, ROW) – Global Forecast to 2029
The smart grid market is estimated to grow from USD 185.0 billion by 2029 from an estimated USD 71.8 billion in 2024, at a CAGR of 20.8% during the forecast period.
スマートグリッド市場は、予測期間中のCAGR 20.8%で、2024年の推定718億米ドルから2029年までに1,850億米ドルに成長すると推定されています。
Innovation in technology and a rise in smart grid installations are two main drivers of the smart grid industry’s expansion. These days, smart grid are more and more common in the grid market because of their reliability, and efficient outage response. The smart grid market is expected to grow because of the focus on modernization of aging grid infrastructure .
Key Benefits of Buying the Report
- Increasing investments in smart energy sector and rising number of Improved grid reliability and efficient outage response attributed.
- Product Development/ Innovation: The trends such as ERT Meter Reading, Power Line Carrier (PLC) Migration and real time monitoring.
- Market Development: The global scenario of smart grid has developed due to a global shift towards sustainable energy solutions, increased adoption of renewable sources like solar and wind power, technological advancements enhancing efficiency, and the growing demand for electric vehicles. These factors collectively propel innovation, creating a dynamic landscape for inverter technologies to meet evolving energy demands.
- Market Diversification: Market diversification in the smart grid market is a response to varied energy needs across industries and regions. As renewable energy adoption expands, diverse applications emerge, from power station to utility-scale projects. Smart grid manufacturers diversify their product offerings to cater to the specific requirements of different sectors, fostering market growth and resilience.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like General Electric Company (US), ABB (Switzerland), Siemens (Germany), Schneider Electric (France), and Itron (US)among others in the Inverter market.