+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Power Grid Market 2024-2028

  • PDF Icon

    Report

  • 173 Pages
  • March 2024
  • Region: Global
  • TechNavio
  • ID: 5947939
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The power grid market is forecasted to grow by USD 93.89 bn during 2023-2028, accelerating at a CAGR of 5.94% during the forecast period. The report on the power grid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of renewable energy sources, expansion of electrification in transportation sectors, and growing energy demands in emerging countries.

The power grid market is segmented as below:

By Component

  • Cables
  • Switchgear
  • Transformers
  • Variable speed drives
  • Others

By Application

  • Distribution
  • Generation
  • Transmission

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the high adoption of smart grid technologies as one of the prime reasons driving the power grid market growth during the next few years. Also, development of microgrids for localized energy generation and rising deployment of energy storage systems will lead to sizable demand in the market.

The report on the power grid market covers the following areas:

  • Power grid market sizing
  • Power grid market forecast
  • Power grid market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading power grid market vendors that include ABB Ltd., Eaton Corp. Plc, Fuji Electric Co. Ltd., General Electric Co., Havells India Ltd., Hubbell Inc., LS ELECTRIC Co. Ltd., Mitsubishi Electric Corp., National Grid plc, Nexans SA, Nextera Energy Inc., Powell Industries Inc., Prysmian Spa, Schneider Electric SE, Secheron SA, Siemens Energy AG, Southwire Co. LLC, Tata Power Co. Ltd., Toshiba Corp., and VIKRAM SOLAR LTD.. Also, the power grid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Component
Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global power grid market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global power grid market 2018 - 2022 ($ billion)
4.2 Component Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Component Segment 2018 - 2022 ($ billion)
4.3 Application Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Component
6.1 Market segments
Exhibit 30: Chart on Component - Market share 2023-2028 (%)
Exhibit 31: Data Table on Component - Market share 2023-2028 (%)
6.2 Comparison by Component
Exhibit 32: Chart on Comparison by Component
Exhibit 33: Data Table on Comparison by Component
6.3 Cables - Market size and forecast 2023-2028
Exhibit 34: Chart on Cables - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Cables - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Cables - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Cables - Year-over-year growth 2023-2028 (%)
6.4 Switchgear - Market size and forecast 2023-2028
Exhibit 38: Chart on Switchgear - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Switchgear - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Switchgear - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Switchgear - Year-over-year growth 2023-2028 (%)
6.5 Transformers - Market size and forecast 2023-2028
Exhibit 42: Chart on Transformers - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Transformers - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Transformers - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Transformers - Year-over-year growth 2023-2028 (%)
6.6 Variable speed drives - Market size and forecast 2023-2028
Exhibit 46: Chart on Variable speed drives - Market size and forecast 2023-2028 ($ billion)
Exhibit 47: Data Table on Variable speed drives - Market size and forecast 2023-2028 ($ billion)
Exhibit 48: Chart on Variable speed drives - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Variable speed drives - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
Exhibit 50: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 51: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 52: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 53: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Component
Exhibit 54: Market opportunity by Component ($ billion)
Exhibit 55: Data Table on Market opportunity by Component ($ billion)
7 Market Segmentation by Application
7.1 Market segments
Exhibit 56: Chart on Application - Market share 2023-2028 (%)
Exhibit 57: Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
Exhibit 58: Chart on Comparison by Application
Exhibit 59: Data Table on Comparison by Application
7.3 Distribution - Market size and forecast 2023-2028
Exhibit 60: Chart on Distribution - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Distribution - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Distribution - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Distribution - Year-over-year growth 2023-2028 (%)
7.4 Generation - Market size and forecast 2023-2028
Exhibit 64: Chart on Generation - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Data Table on Generation - Market size and forecast 2023-2028 ($ billion)
Exhibit 66: Chart on Generation - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Generation - Year-over-year growth 2023-2028 (%)
7.5 Transmission - Market size and forecast 2023-2028
Exhibit 68: Chart on Transmission - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Data Table on Transmission - Market size and forecast 2023-2028 ($ billion)
Exhibit 70: Chart on Transmission - Year-over-year growth 2023-2028 (%)
Exhibit 71: Data Table on Transmission - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Application
Exhibit 72: Market opportunity by Application ($ billion)
Exhibit 73: Data Table on Market opportunity by Application ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 75: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 76: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 77: Chart on Geographic comparison
Exhibit 78: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 87: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 95: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Exhibit 103: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
Exhibit 111: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 112: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 113: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 India - Market size and forecast 2023-2028
Exhibit 115: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 116: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 117: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 118: Data Table on India - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 119: Market opportunity By Geographical Landscape ($ billion)
Exhibit 120: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 121: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 123: Overview on factors of disruption
11.4 Industry risks
Exhibit 124: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 125: Vendors covered
12.2 Market positioning of vendors
Exhibit 126: Matrix on vendor position and classification
12.3 ABB Ltd.
Exhibit 127: ABB Ltd. - Overview
Exhibit 128: ABB Ltd. - Business segments
Exhibit 129: ABB Ltd. - Key news
Exhibit 130: ABB Ltd. - Key offerings
Exhibit 131: ABB Ltd. - Segment focus
12.4 Eaton Corp. Plc
Exhibit 132: Eaton Corp. Plc - Overview
Exhibit 133: Eaton Corp. Plc - Business segments
Exhibit 134: Eaton Corp. Plc - Key offerings
Exhibit 135: Eaton Corp. Plc - Segment focus
12.5 Fuji Electric Co. Ltd.
Exhibit 136: Fuji Electric Co. Ltd. - Overview
Exhibit 137: Fuji Electric Co. Ltd. - Business segments
Exhibit 138: Fuji Electric Co. Ltd. - Key offerings
Exhibit 139: Fuji Electric Co. Ltd. - Segment focus
12.6 General Electric Co.
Exhibit 140: General Electric Co. - Overview
Exhibit 141: General Electric Co. - Business segments
Exhibit 142: General Electric Co. - Key news
Exhibit 143: General Electric Co. - Key offerings
Exhibit 144: General Electric Co. - Segment focus
12.7 LS ELECTRIC Co. Ltd.
Exhibit 145: LS ELECTRIC Co. Ltd. - Overview
Exhibit 146: LS ELECTRIC Co. Ltd. - Product/Service
Exhibit 147: LS ELECTRIC Co. Ltd. - Key offerings
12.8 Mitsubishi Electric Corp.
Exhibit 148: Mitsubishi Electric Corp. - Overview
Exhibit 149: Mitsubishi Electric Corp. - Business segments
Exhibit 150: Mitsubishi Electric Corp. - Key news
Exhibit 151: Mitsubishi Electric Corp. - Key offerings
Exhibit 152: Mitsubishi Electric Corp. - Segment focus
12.9 National Grid plc
Exhibit 153: National Grid plc - Overview
Exhibit 154: National Grid plc - Business segments
Exhibit 155: National Grid plc - Key news
Exhibit 156: National Grid plc - Key offerings
Exhibit 157: National Grid plc - Segment focus
12.10 Nexans SA
Exhibit 158: Nexans SA - Overview
Exhibit 159: Nexans SA - Business segments
Exhibit 160: Nexans SA - Key offerings
Exhibit 161: Nexans SA - Segment focus
12.11 Nextera Energy Inc.
Exhibit 162: Nextera Energy Inc. - Overview
Exhibit 163: Nextera Energy Inc. - Business segments
Exhibit 164: Nextera Energy Inc. - Key offerings
Exhibit 165: Nextera Energy Inc. - Segment focus
12.12 Powell Industries Inc.
Exhibit 166: Powell Industries Inc. - Overview
Exhibit 167: Powell Industries Inc. - Product/Service
Exhibit 168: Powell Industries Inc. - Key offerings
12.13 Prysmian Spa
Exhibit 169: Prysmian Spa - Overview
Exhibit 170: Prysmian Spa - Business segments
Exhibit 171: Prysmian Spa - Key offerings
Exhibit 172: Prysmian Spa - Segment focus
12.14 Schneider Electric SE
Exhibit 173: Schneider Electric SE - Overview
Exhibit 174: Schneider Electric SE - Business segments
Exhibit 175: Schneider Electric SE - Key news
Exhibit 176: Schneider Electric SE - Key offerings
Exhibit 177: Schneider Electric SE - Segment focus
12.15 Siemens Energy AG
Exhibit 178: Siemens Energy AG - Overview
Exhibit 179: Siemens Energy AG - Business segments
Exhibit 180: Siemens Energy AG - Key news
Exhibit 181: Siemens Energy AG - Key offerings
Exhibit 182: Siemens Energy AG - Segment focus
12.16 Toshiba Corp.
Exhibit 183: Toshiba Corp. - Overview
Exhibit 184: Toshiba Corp. - Business segments
Exhibit 185: Toshiba Corp. - Key news
Exhibit 186: Toshiba Corp. - Key offerings
Exhibit 187: Toshiba Corp. - Segment focus
12.17 VIKRAM SOLAR LTD.
Exhibit 188: VIKRAM SOLAR LTD. - Overview
Exhibit 189: VIKRAM SOLAR LTD. - Product/Service
Exhibit 190: VIKRAM SOLAR LTD. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 191: Inclusions checklist
Exhibit 192: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 193: Currency conversion rates for US$
13.4 Research methodology
Exhibit 194: Research methodology
Exhibit 195: Validation techniques employed for market sizing
Exhibit 196: Information sources
13.5 List of abbreviations
Exhibit 197: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Component
Exhibits 6: Executive Summary - Chart on Market Segmentation by Application
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global power grid market 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Component Segment 2018 - 2022 ($ billion)
Exhibits 20: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Component - Market share 2023-2028 (%)
Exhibits 31: Data Table on Component - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Component
Exhibits 33: Data Table on Comparison by Component
Exhibits 34: Chart on Cables - Market size and forecast 2023-2028 ($ billion)
Exhibits 35: Data Table on Cables - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Chart on Cables - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Cables - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Switchgear - Market size and forecast 2023-2028 ($ billion)
Exhibits 39: Data Table on Switchgear - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Chart on Switchgear - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Switchgear - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Transformers - Market size and forecast 2023-2028 ($ billion)
Exhibits 43: Data Table on Transformers - Market size and forecast 2023-2028 ($ billion)
Exhibits 44: Chart on Transformers - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Transformers - Year-over-year growth 2023-2028 (%)
Exhibits 46: Chart on Variable speed drives - Market size and forecast 2023-2028 ($ billion)
Exhibits 47: Data Table on Variable speed drives - Market size and forecast 2023-2028 ($ billion)
Exhibits 48: Chart on Variable speed drives - Year-over-year growth 2023-2028 (%)
Exhibits 49: Data Table on Variable speed drives - Year-over-year growth 2023-2028 (%)
Exhibits 50: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 51: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 52: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 53: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 54: Market opportunity by Component ($ billion)
Exhibits 55: Data Table on Market opportunity by Component ($ billion)
Exhibits 56: Chart on Application - Market share 2023-2028 (%)
Exhibits 57: Data Table on Application - Market share 2023-2028 (%)
Exhibits 58: Chart on Comparison by Application
Exhibits 59: Data Table on Comparison by Application
Exhibits 60: Chart on Distribution - Market size and forecast 2023-2028 ($ billion)
Exhibits 61: Data Table on Distribution - Market size and forecast 2023-2028 ($ billion)
Exhibits 62: Chart on Distribution - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on Distribution - Year-over-year growth 2023-2028 (%)
Exhibits 64: Chart on Generation - Market size and forecast 2023-2028 ($ billion)
Exhibits 65: Data Table on Generation - Market size and forecast 2023-2028 ($ billion)
Exhibits 66: Chart on Generation - Year-over-year growth 2023-2028 (%)
Exhibits 67: Data Table on Generation - Year-over-year growth 2023-2028 (%)
Exhibits 68: Chart on Transmission - Market size and forecast 2023-2028 ($ billion)
Exhibits 69: Data Table on Transmission - Market size and forecast 2023-2028 ($ billion)
Exhibits 70: Chart on Transmission - Year-over-year growth 2023-2028 (%)
Exhibits 71: Data Table on Transmission - Year-over-year growth 2023-2028 (%)
Exhibits 72: Market opportunity by Application ($ billion)
Exhibits 73: Data Table on Market opportunity by Application ($ billion)
Exhibits 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 75: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 76: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 77: Chart on Geographic comparison
Exhibits 78: Data Table on Geographic comparison
Exhibits 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 87: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 88: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 89: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 90: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 95: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 96: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 97: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 98: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 99: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 100: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 102: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 103: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 104: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 105: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 106: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 107: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 108: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 111: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 112: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 113: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 114: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 115: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 116: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 117: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 118: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 119: Market opportunity By Geographical Landscape ($ billion)
Exhibits 120: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 121: Impact of drivers and challenges in 2023 and 2028
Exhibits 122: Overview on Criticality of inputs and Factors of differentiation
Exhibits 123: Overview on factors of disruption
Exhibits 124: Impact of key risks on business
Exhibits 125: Vendors covered
Exhibits 126: Matrix on vendor position and classification
Exhibits 127: ABB Ltd. - Overview
Exhibits 128: ABB Ltd. - Business segments
Exhibits 129: ABB Ltd. - Key news
Exhibits 130: ABB Ltd. - Key offerings
Exhibits 131: ABB Ltd. - Segment focus
Exhibits 132: Eaton Corp. Plc - Overview
Exhibits 133: Eaton Corp. Plc - Business segments
Exhibits 134: Eaton Corp. Plc - Key offerings
Exhibits 135: Eaton Corp. Plc - Segment focus
Exhibits 136: Fuji Electric Co. Ltd. - Overview
Exhibits 137: Fuji Electric Co. Ltd. - Business segments
Exhibits 138: Fuji Electric Co. Ltd. - Key offerings
Exhibits 139: Fuji Electric Co. Ltd. - Segment focus
Exhibits 140: General Electric Co. - Overview
Exhibits 141: General Electric Co. - Business segments
Exhibits 142: General Electric Co. - Key news
Exhibits 143: General Electric Co. - Key offerings
Exhibits 144: General Electric Co. - Segment focus
Exhibits 145: LS ELECTRIC Co. Ltd. - Overview
Exhibits 146: LS ELECTRIC Co. Ltd. - Product/Service
Exhibits 147: LS ELECTRIC Co. Ltd. - Key offerings
Exhibits 148: Mitsubishi Electric Corp. - Overview
Exhibits 149: Mitsubishi Electric Corp. - Business segments
Exhibits 150: Mitsubishi Electric Corp. - Key news
Exhibits 151: Mitsubishi Electric Corp. - Key offerings
Exhibits 152: Mitsubishi Electric Corp. - Segment focus
Exhibits 153: National Grid plc - Overview
Exhibits 154: National Grid plc - Business segments
Exhibits 155: National Grid plc - Key news
Exhibits 156: National Grid plc - Key offerings
Exhibits 157: National Grid plc - Segment focus
Exhibits 158: Nexans SA - Overview
Exhibits 159: Nexans SA - Business segments
Exhibits 160: Nexans SA - Key offerings
Exhibits 161: Nexans SA - Segment focus
Exhibits 162: Nextera Energy Inc. - Overview
Exhibits 163: Nextera Energy Inc. - Business segments
Exhibits 164: Nextera Energy Inc. - Key offerings
Exhibits 165: Nextera Energy Inc. - Segment focus
Exhibits 166: Powell Industries Inc. - Overview
Exhibits 167: Powell Industries Inc. - Product/Service
Exhibits 168: Powell Industries Inc. - Key offerings
Exhibits 169: Prysmian Spa - Overview
Exhibits 170: Prysmian Spa - Business segments
Exhibits 171: Prysmian Spa - Key offerings
Exhibits 172: Prysmian Spa - Segment focus
Exhibits 173: Schneider Electric SE - Overview
Exhibits 174: Schneider Electric SE - Business segments
Exhibits 175: Schneider Electric SE - Key news
Exhibits 176: Schneider Electric SE - Key offerings
Exhibits 177: Schneider Electric SE - Segment focus
Exhibits 178: Siemens Energy AG - Overview
Exhibits 179: Siemens Energy AG - Business segments
Exhibits 180: Siemens Energy AG - Key news
Exhibits 181: Siemens Energy AG - Key offerings
Exhibits 182: Siemens Energy AG - Segment focus
Exhibits 183: Toshiba Corp. - Overview
Exhibits 184: Toshiba Corp. - Business segments
Exhibits 185: Toshiba Corp. - Key news
Exhibits 186: Toshiba Corp. - Key offerings
Exhibits 187: Toshiba Corp. - Segment focus
Exhibits 188: VIKRAM SOLAR LTD. - Overview
Exhibits 189: VIKRAM SOLAR LTD. - Product/Service
Exhibits 190: VIKRAM SOLAR LTD. - Key offerings
Exhibits 191: Inclusions checklist
Exhibits 192: Exclusions checklist
Exhibits 193: Currency conversion rates for US$
Exhibits 194: Research methodology
Exhibits 195: Validation techniques employed for market sizing
Exhibits 196: Information sources
Exhibits 197: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global power grid market: ABB Ltd., Eaton Corp. Plc, Fuji Electric Co. Ltd., General Electric Co., Havells India Ltd., Hubbell Inc., LS ELECTRIC Co. Ltd., Mitsubishi Electric Corp., National Grid plc, Nexans SA, Nextera Energy Inc., Powell Industries Inc., Prysmian Spa, Schneider Electric SE, Secheron SA, Siemens Energy AG, Southwire Co. LLC, Tata Power Co. Ltd., Toshiba Corp., and VIKRAM SOLAR LTD..

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is high adoption of smart grid technologies.'

According to the report, one of the major drivers for this market is the rising adoption of renewable energy sources.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Ltd.
  • Eaton Corp. Plc
  • Fuji Electric Co. Ltd.
  • General Electric Co.
  • Havells India Ltd.
  • Hubbell Inc.
  • LS ELECTRIC Co. Ltd.
  • Mitsubishi Electric Corp.
  • National Grid plc
  • Nexans SA
  • Nextera Energy Inc.
  • Powell Industries Inc.
  • Prysmian Spa
  • Schneider Electric SE
  • Secheron SA
  • Siemens Energy AG
  • Southwire Co. LLC
  • Tata Power Co. Ltd.
  • Toshiba Corp.
  • VIKRAM SOLAR LTD.