Europe Smart Grid Market Forecast 2021-2028

Publisher Name :
Date: 01-Mar-2021
No. of pages: 130

KEY FINDINGS

The Europe smart grid market is expected to record a CAGR of 9.75%, over the forecast years of 2021 to 2028. The region's market growth is fueled by the increasing interest in smart grid systems by investors and operators, the rising electricity consumption, the growing initiatives and investments by the European Commission into smart grid technology, and the surging demand for renewable energy sources.

MARKET INSIGHTS

The Europe smart grid market growth assessment entails the analysis of Belgium, Russia, Italy, Poland, the United Kingdom, France, Germany, and the rest of Europe. The first smart grid activities in Germany were combined under the auspices of the government's initiative termed, ‘E-energy - IT-based energy system of the future.' E-energy was declared as the landmark project for the country's government. In this regard, the government granted overall subsidies of nearly 140 million euros for six pilot projects, till 2013. In addition, the use of information technology within Germany's energy sector was also tested and explored.

In Belgium, the research institute IMEC, is principally active across areas such as nanoelectronics and digital technologies. The institute's expertise lies in the avenue of solar energy, while its smart grid research aims to enhance the storage, efficiency, and production of solar energy. As a result, the management, planning, and deployment of the country's smart grids are concentrated on the incorporation of storage systems into a smart network, linked with PV, and the automation of solar energy distribution. Therefore, these factors are set to facilitate the Europe smart grid market growth, during the forecast period.

COMPETITIVE INSIGHTS

Leading companies operating in the market are, ABB Ltd, Schneider Electric SE, Siemens AG, etc.

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

Europe 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. Europe
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. United Kingdom
8.1.5.2. Germany
8.1.5.3. France
8.1.5.4. Italy
8.1.5.5. Russia
8.1.5.6. Belgium
8.1.5.7. Poland
8.1.5.8. Rest Of Europe
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: Europe Smart Grid Market, By End-User, Historical Years, 2016-2020 (In $ Million)
Table 3: Europe Smart Grid Market, By End-User, Forecast Years, 2021-2028 (In $ Million)
Table 4: Europe Smart Grid Market, By Application, Historical Years, 2016-2020 (In $ Million)
Table 5: Europe Smart Grid Market, By Application, Forecast Years, 2021-2028 (In $ Million)
Table 6: Europe Smart Grid Market, By Component, Historical Years, 2016-2020 (In $ Million)
Table 7: Europe Smart Grid Market, By Component, Forecast Years, 2021-2028 (In $ Million)
Table 8: Europe Solution Market, By Type, Historical Years, 2016-2020 (In $ Million)
Table 9: Europe Solution Market, By Type, Forecast Years, 2021-2028 (In $ Million)
Table 10: Europe Smart Grid Market, By Country, Historical Years, 2016-2020 (In $ Million)
Table 11: Europe 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: Europe Smart Grid Market, Growth Potential, By End-User, In 2020
Figure 6: Europe Smart Grid Market, By Commercial End-User, 2021-2028 (In $ Million)
Figure 7: Europe Smart Grid Market, By Industrial End-User, 2021-2028 (In $ Million)
Figure 8: Europe Smart Grid Market, By Residential End-User, 2021-2028 (In $ Million)
Figure 9: Europe Smart Grid Market, Growth Potential, By Application, In 2020
Figure 10: Europe Smart Grid Market, By Transmission, 2021-2028 (In $ Million)
Figure 11: Europe Smart Grid Market, By Distribution, 2021-2028 (In $ Million)
Figure 12: Europe Smart Grid Market, By Consumption/End-Use, 2021-2028 (In $ Million)
Figure 13: Europe Smart Grid Market, By Generation, 2021-2028 (In $ Million)
Figure 14: Europe Smart Grid Market, Growth Potential, By Component, In 2020
Figure 15: Europe Smart Grid Market, By Solution, 2021-2028 (In $ Million)
Figure 16: Europe Smart Grid Market, By Substation Automation, 2021-2028 (In $ Million)
Figure 17: Europe Smart Grid Market, By Smart Grid Distribution Management, 2021-2028 (In $ Million)
Figure 18: Europe Smart Grid Market, By Advanced Metering Infrastructure, 2021-2028 (In $ Million)
Figure 19: Europe Smart Grid Market, By Smart Grid Network Management, 2021-2028 (In $ Million)
Figure 20: Europe Smart Grid Market, By Smart Grid Security, 2021-2028 (In $ Million)
Figure 21: Europe Smart Grid Market, By Smart Grid Communication, 2021-2028 (In $ Million)
Figure 22: Europe Smart Grid Market, By Other Solutions, 2021-2028 (In $ Million)
Figure 23: Europe Smart Grid Market, By Services, 2021-2028 (In $ Million)
Figure 24: Europe Smart Grid Market, Regional Outlook, 2020 & 2028 (In %)
Figure 25: United Kingdom Smart Grid Market, 2021-2028 (In $ Million)
Figure 26: Germany Smart Grid Market, 2021-2028 (In $ Million)
Figure 27: France Smart Grid Market, 2021-2028 (In $ Million)
Figure 28: Italy Smart Grid Market, 2021-2028 (In $ Million)
Figure 29: Russia Smart Grid Market, 2021-2028 (In $ Million)
Figure 30: Belgium Smart Grid Market, 2021-2028 (In $ Million)
Figure 31: Poland Smart Grid Market, 2021-2028 (In $ Million)
Figure 32: Rest Of Europe Smart Grid Market, 2021-2028 (In $ Million)
  • Global Synchrophasor Market Research Report 2021
    Published: 12-Apr-2021        Price: US 2900 Onwards        Pages: 106
    The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Segment by Type - Type I - Type II Segmen......
  • (Post-pandemic Era) - Global Offshore Wind Cable Market Analysis 2021, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
    Published: 12-Apr-2021        Price: US 3160 Onwards        Pages: 92
    Summary At the time of this report, many government announced a plan on reopening the national economy, but many countries are still at the stage of rising. It should be noted that the impact of the epidemic has accelerated the trend of localization, regionalization and decentralization of the global industrial chain and supply chain, so it is inevitable to reconstruct the global industrial chain. Faced with the global industrial change in the post epidemic era, enterprises in var......
  • (Post-pandemic Era) - Global Offshore Wind Cable Market (Sales, Revenue, Price, Gross Profit and Competitors Analysis of Major Market) from 2016-2027
    Published: 12-Apr-2021        Price: US 3650 Onwards        Pages: 114
    Summary As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%. Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly opt......
  • Global Transmission Line Market Size, Status and Forecast 2021-2027
    Published: 12-Apr-2021        Price: US 3900 Onwards        Pages: 125
    Global Transmission Line Scope and Market Size Transmission Line market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Transmission Line market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027. Segment by Type - ......
  • Global Electric Power Transmission Equipment Market Research Report 2021
    Published: 12-Apr-2021        Price: US 2900 Onwards        Pages: 121
    The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Segment by Type - Transformers - Switchgear - Oth......
  • Post-pandemic Era - Global Offshore Wind Cable Market 2016-2027, With Breakdown Data of Capacity, Sales, Production, Export, Import, Revenue, Price, Cost and Gross Margin
    Published: 12-Apr-2021        Price: US 3620 Onwards        Pages: 113
    Summary World trade was already slowing in 2019 before COVID 19 outbreak, weighed down by trade tensions and slowing economic growth, such as uncertainty generated from Brexit, the U.S.-China trade war, the Japan-South Korea trade war. Trade is expected to fall by between 13% and 32% in 2020 as the COVID 19 pandemic disrupts normal economic activity and life around the world, according to the study of WTO.The decline in exports has been mainly due to the ongoing glo......
  • Global Load Bank Sales Market Report 2021
    Published: 08-Apr-2021        Price: US 4000 Onwards        Pages: 144
    The global Load Bank market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Load Bank market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027. Segment by Type - Resistive Load Bank - Reactive Load Bank - Resisti......
  • Global Insulators Sales Market Report 2021
    Published: 07-Apr-2021        Price: US 4000 Onwards        Pages: 142
    The global Insulators market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Insulators market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027. Segment by Type - Porcelain Insulators - Composite Insulators - Gl......
  • Asia-Pacific Electric Vehicle Charging System Market Forecast 2021-2028
    Published: 05-Apr-2021        Price: US 1250 Onwards        Pages: 131
    KEY FINDINGS The Asia-Pacific electric vehicle charging system market is expected to record a CAGR of 44.66% over the forecasting period. The region's market growth is credited to key drivers, such as the surging population base, cheap labor, the availability of raw materials, the increased governmental support, and the rising economy. MARKET INSIGHTS The Asia-Pacific electric vehicle charging system market growth analysis includes the in-depth assessment of India, S......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - [email protected] / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs