What is the smart grid network market growth?

The global smart grid network market is expected to advance at a compound annual growth rate of 10.5% from 2022 to 2030.

Which application segment dominated the global smart grid network market?

The transmission segment dominated the global market and accounted for the largest revenue share of more than 40.8% in 2021. Further, this segment is also anticipated to continue its dominance and emerge as the fastest-growing segment by 2030.

Which region accounted for the largest smart grid network market share?

Asia Pacific dominated the smart grid network market and accounted for the largest revenue share in 2021. The region is projected to observe the fastest growth in terms of revenue during the forecast period.

Who are the key players in the smart grid network market?

The leading manufacturers of a smart grid network in the global market ABB Ltd, Cisco Systems Inc., General Electric Company, Itron Inc., Siemens AG, Osaki Electric Co. Ltd, Eaton Corporation PLC, Hitachi Ltd, Schneider Electric SE, and Honeywell International Inc.

What are the factors driving the smart grid network market?

Increasing integration of renewables to the grid, rising emphasis on modernizing the grid for improved efficiency, reliability, and security, evolving technologies, and government policies & regulations are factors that are driving the market of the smart grid network.

What is the smart grid network market growth?

The global smart grid network market is expected to advance at a compound annual growth rate of 10.5% from 2022 to 2030.

Which application segment dominated the global smart grid network market?

The transmission segment dominated the global market and accounted for the largest revenue share of more than 40.8% in 2021. Further, this segment is also anticipated to continue its dominance and emerge as the fastest-growing segment by 2030.

Which region accounted for the largest smart grid network market share?

Asia Pacific dominated the smart grid network market and accounted for the largest revenue share in 2021. The region is projected to observe the fastest growth in terms of revenue during the forecast period.

Who are the key players in the smart grid network market?

The leading manufacturers of a smart grid network in the global market ABB Ltd, Cisco Systems Inc., General Electric Company, Itron Inc., Siemens AG, Osaki Electric Co. Ltd, Eaton Corporation PLC, Hitachi Ltd, Schneider Electric SE, and Honeywell International Inc.

What are the factors driving the smart grid network market?

Increasing integration of renewables to the grid, rising emphasis on modernizing the grid for improved efficiency, reliability, and security, evolving technologies, and government policies & regulations are factors that are driving the market of the smart grid network.

Smart Grid Network Market 2022

Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2030

Smart Grid Network Market by End-Users (Residential, Commercial, Industrial, and Others), by Application (Transmission, Demand Response, Advanced Metering Infrastructure (AMI), and Others), by Region – Global Share and Forecast to 2030

Region: Global | Format: Word, PPT, Excel | Report Status: Published

Smart Grid Network Market

Smart Grid Network Market 2022

Smart Grid Network Market by End-Users (Residential, Commercial, Industrial, and Others), by Application (Transmission, Demand Response, Advanced Metering Infrastructure (AMI), and Others), by Region – Global Share and Forecast to 2030

Smart Grid Network Market by End-Users (Residential, Commercial, Industrial, and Others), by Application (Transmission, Demand Response, Advanced Metering Infrastructure (AMI), and Others), by Region – Global Share and Forecast to 2030

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