Asia-Pacific Smart Grid Market Forecast 2021-2028

Publisher Name :
Date: 01-Mar-2021
No. of pages: 133

KEY FINDINGS

The Asia-Pacific smart grid market is anticipated to project a CAGR of 10.93% during the forecast period, 2021-2028. The surging initiatives of smart cities in developing countries like India, the increasing need to link rural areas with national grid systems, and the growing investments in smart meters and smart grid technology propel market growth.

MARKET INSIGHTS

Thailand, China, Singapore, Indonesia, South Korea, Australia & New Zealand, India, Japan, and Rest of Asia-Pacific, are evaluated for the Asia-Pacific smart grid market growth analysis. The smart grid is closely associated with the smart community in Japan. The smart communities focus on energy issues, along with increasing stakeholders' involvement. Smart meters are one of the central measures in the country's strategy for smart grids. Singapore entails one of the most reliable electricity systems in the world. In comparison to other systems, the country has several smart grid features built-in, like the SCADA (Supervisory Control and Data Acquisition) system, enabling remote monitoring and control of key installations. The partnerships and collaborations among the market players are set to benefit the market. Further, three new initiatives were announced in 2019 to supply households with more electricity usage information. In Australia, the smart grid is the sought-after solution to tackle the increasing electricity costs, political pressure to shut down coal-fired power stations, and the aging infrastructure. The investments are expected to enhance the operations of utility firms and provide gird reliability. Such factors are expected to boost the market growth.

COMPETITIVE INSIGHTS

Wipro Limited, International Business Machines Corporation, Cisco Systems Inc, Sensus Inc, Amdocs Corporation, etc., are some of the market's leading companies.

Our report offerings include:

- Explore key findings of the overall market

- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)

- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions

- Market Segmentation cater to a thorough assessment of key segments with their market estimations

- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share

- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.

- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.

- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Asia-Pacific Smart Grid Market Forecast 2021-2028

Table Of Contents

1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Market Scope
3.2. Key Drivers
3.2.1. Need For Efficient Use Of Energy
3.2.2. Rapid Digitization Of Electricity Infrastructure
3.2.3. Shifting Trend Towards Renewable Energy Use
3.2.4. Government Regulations & Policies
3.2.5. Stability In Installation Costs
3.2.6. Investment In Smart Grid Projects
3.3. Key Restraints
3.3.1. Challenges In Terms Of Interoperability & Standardization
3.3.2. Security Concerns
4. Key Analytics
4.1. Impact Of Covid-19 On Smart Grid Market
4.2. Key Investment Insights
4.3. Porter's Five Forces Analysis
4.3.1. Buyers Power
4.3.2. Suppliers Power
4.3.3. Substitution
4.3.4. New Entrants
4.3.5. Industry Rivalry
4.4. Opportunity Matrix
4.5. Vendor Landscape
5. Market By End-User
5.1. Commercial End-User
5.2. Industrial End-User
5.3. Residential End-User
6. Market By Application
6.1. Transmission
6.2. Distribution
6.3. Consumption/End-Use
6.4. Generation
7. Market By Component
7.1. Solution
7.1.1. Substation Automation
7.1.2. Smart Grid Distribution Management
7.1.3. Advanced Metering Infrastructure
7.1.4. Smart Grid Network Management
7.1.5. Smart Grid Security
7.1.6. Smart Grid Communication
7.1.7. Other Solutions
7.2. Services
8. Geographical Analysis
8.1. Asia-Pacific
8.1.1. Market Size & Estimates
8.1.2. Key Growth Enablers
8.1.3. Key Challenges
8.1.4. Key Players
8.1.5. Country Analysis
8.1.5.1. China
8.1.5.2. Japan
8.1.5.3. India
8.1.5.4. South Korea
8.1.5.5. Indonesia
8.1.5.6. Thailand
8.1.5.7. Singapore
8.1.5.8. Australia & New Zealand
8.1.5.9. Rest Of Asia-Pacific
9. Competitive Landscape
9.1. Key Strategic Developments
9.1.1. Mergers & Acquisitions
9.1.2. Product Launches & Developments
9.1.3. Partnerships & Agreements
9.1.4. Business Expansions & Divestitures
9.2. Company Profiles
9.2.1. Abb Ltd
9.2.2. Amdocs Corporation
9.2.3. Autogrid Systems Inc
9.2.4. Cisco Systems Inc
9.2.5. General Electric Company
9.2.6. Honeywell International
9.2.7. International Business Machines Corporation
9.2.8. Itron Inc
9.2.9. Landis & Gyr Group Ag
9.2.10. Oracle Corporation
9.2.11. Schneider Electric Se
9.2.12. Sensus Inc
9.2.13. Siemens Ag
9.2.14. Tantalus System Corp
9.2.15. Wipro Limited

List Of Tables

Table 1: Market Snapshot - Smart Grid
Table 2: Asia-Pacific Smart Grid Market, By End-User, Historical Years, 2016-2020 (In $ Million)
Table 3: Asia-Pacific Smart Grid Market, By End-User, Forecast Years, 2021-2028 (In $ Million)
Table 4: Asia-Pacific Smart Grid Market, By Application, Historical Years, 2016-2020 (In $ Million)
Table 5: Asia-Pacific Smart Grid Market, By Application, Forecast Years, 2021-2028 (In $ Million)
Table 6: Asia-Pacific Smart Grid Market, By Component, Historical Years, 2016-2020 (In $ Million)
Table 7: Asia-Pacific Smart Grid Market, By Component, Forecast Years, 2021-2028 (In $ Million)
Table 8: Asia-Pacific Solution Market, By Type, Historical Years, 2016-2020 (In $ Million)
Table 9: Asia-Pacific Solution Market, By Type, Forecast Years, 2021-2028 (In $ Million)
Table 10: Asia-Pacific Smart Grid Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 11: Asia-Pacific Smart Grid Market, By Country, Forecast Years, 2021-2028 (In $ Million)
Table 12: List Of Mergers & Acquisitions
Table 13: List Of Product Launches & Developments
Table 14: List Of Partnerships & Agreements
Table 15: List Of Business Expansions & Divestitures

List Of Figures

Figure 1: Key Investment Insights
Figure 2: Porter's Five Forces Analysis
Figure 3: Opportunity Matrix
Figure 4: Vendor Landscape
Figure 5: Asia-Pacific Smart Grid Market, Growth Potential, By End-User, In 2020
Figure 6: Asia-Pacific Smart Grid Market, By Commercial End-User, 2021-2028 (In $ Million)
Figure 7: Asia-Pacific Smart Grid Market, By Industrial End-User, 2021-2028 (In $ Million)
Figure 8: Asia-Pacific Smart Grid Market, By Residential End-User, 2021-2028 (In $ Million)
Figure 9: Asia-Pacific Smart Grid Market, Growth Potential, By Application, In 2020
Figure 10: Asia-Pacific Smart Grid Market, By Transmission, 2021-2028 (In $ Million)
Figure 11: Asia-Pacific Smart Grid Market, By Distribution, 2021-2028 (In $ Million)
Figure 12: Asia-Pacific Smart Grid Market, By Consumption/End-Use, 2021-2028 (In $ Million)
Figure 13: Asia-Pacific Smart Grid Market, By Generation, 2021-2028 (In $ Million)
Figure 14: Asia-Pacific Smart Grid Market, Growth Potential, By Component, In 2020
Figure 15: Asia-Pacific Smart Grid Market, By Solution, 2021-2028 (In $ Million)
Figure 16: Asia-Pacific Smart Grid Market, By Substation Automation, 2021-2028 (In $ Million)
Figure 17: Asia-Pacific Smart Grid Market, By Smart Grid Distribution Management, 2021-2028 (In $ Million)
Figure 18: Asia-Pacific Smart Grid Market, By Advanced Metering Infrastructure, 2021-2028 (In $ Million)
Figure 19: Asia-Pacific Smart Grid Market, By Smart Grid Network Management, 2021-2028 (In $ Million)
Figure 20: Asia-Pacific Smart Grid Market, By Smart Grid Security, 2021-2028 (In $ Million)
Figure 21: Asia-Pacific Smart Grid Market, By Smart Grid Communication, 2021-2028 (In $ Million)
Figure 22: Asia-Pacific Smart Grid Market, By Other Solutions, 2021-2028 (In $ Million)
Figure 23: Asia-Pacific Smart Grid Market, By Services, 2021-2028 (In $ Million)
Figure 24: Asia-Pacific Smart Grid Market, Regional Outlook, 2020 & 2028 (In %)
Figure 25: China Smart Grid Market, 2021-2028 (In $ Million)
Figure 26: Japan Smart Grid Market, 2021-2028 (In $ Million)
Figure 27: India Smart Grid Market, 2021-2028 (In $ Million)
Figure 28: South Korea Smart Grid Market, 2021-2028 (In $ Million)
Figure 29: Indonesia Smart Grid Market, 2021-2028 (In $ Million)
Figure 30: Thailand Smart Grid Market, 2021-2028 (In $ Million)
Figure 31: Vietnam Smart Grid Market, 2021-2028 (In $ Million)
Figure 32: Australia & New Zealand Smart Grid Market, 2021-2028 (In $ Million)
Figure 33: Rest Of Asia-Pacific Smart Grid Market, 2021-2028 (In $ Million)
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