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Download Free sampleThe global Smart Grid market was valued at US$ 35740 million in 2022 and is projected to reach US$ 109970 million by 2029, at a CAGR of 17.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Smart grid is a type of electrical grid which includes a variety of operational and energy measures including smart meters, smart appliances, renewable energy resources, and energy efficient resources.
Smart Grid Market aims to provide a comprehensive presentation of the global market for Smart Grid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Grid. Smart Grid Market contains market size and forecasts of Smart Grid in global, including the following market information:
Global Smart Grid Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Software Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Smart Grid include ABB, Siemens, Cisco, Belden, Deutsche Telekom, Microchip Technology Inc., Itron, Fujitsu and GE, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Smart Grid companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
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