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Industrial Smart Grid Market, Global Outlook and Forecast 2023-2032

  • Writer: Siddhi Patil
    Siddhi Patil
  • Dec 18, 2023
  • 3 min read

The global Industrial Smart Grid market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global Industrial Smart Grid market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

Report Sample includes:


- Table of Contents


- List of Tables & Figures


- Charts


- Research Methodology





The China market for Global Industrial Smart Grid market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global Industrial Smart Grid market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


This report aims to provide a comprehensive presentation of the global market for Industrial 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 Industrial Smart Grid. This report contains market size and forecasts of Industrial Smart Grid in global, including the following market information:

Global Industrial 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 Industrial 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 Industrial 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:

Global Industrial Smart Grid Market, by Type, 2018-2023, 2024-2029 ($ millions)

Global Industrial Smart Grid Market Segment Percentages, by Type, 2022 (%)


  • Software

  • Hardware

  • Service

Global Industrial Smart Grid Market, by Application, 2018-2023, 2024-2029 ($ millions)

Global Industrial Smart Grid Market Segment Percentages, by Application, 2022 (%)


  • Automotive

  • Oil & Gas

  • Mining

  • Manufacturing Industry

  • Building Automation

  • Other Application

Global Industrial Smart Grid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)

Global Industrial Smart Grid Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Industrial Smart Grid revenues in global market, 2018-2023 (estimated), ($ millions)

  • Key companies Industrial Smart Grid revenues share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:


  • ABB

  • Siemens

  • Cisco

  • Belden

  • Deutsche Telekom

  • Microchip Technology Inc.

  • Itron

  • Fujitsu

  • GE

  • Huawei

  • Schneider Electric

  • Landis+GYR

  • Aclara Technologies

  • Open Systems International

  • International Business Machines Corporation

  • Wipro Limited

  • Oracle Corporation

Outline of Major Chapters:


Chapter 1: Introduces the definition of Industrial Smart Grid, market overview.

Chapter 2: Global Industrial Smart Grid market size in revenue.

Chapter 3: Detailed analysis of Industrial Smart Grid company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Industrial Smart Grid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

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