Power Grid Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, Japan, India, Germany - Size and Forecast 2024-2028
| Published: Mar 2024 | Pages: 173 | SKU: IRTNTR77707 |
Power Grid Market Forecast 2024-2028
The power grid market size is forecast to increase by USD 93.89 billion, at a CAGR of 5.94% between 2023 and 2028. The report includes historic market data from 2018-2022. The market is witnessing a growing demand for the high adoption of smart technologies, the development of microgrids for localized energy generation, and the rising deployment of energy storage systems.
Market Overview :
- The cables segment is fastest-growing segment during the forecast year
- The cables segment was the largest segment and was valued at USD 90.30 billion in 2018
- The Regional Analysis consists of APAC, North America, Europe, Middle East and Africa, and South America
- APAC is is most dominating region during the forecast period
- The market growth and forecasting report also includes an in-depth analysis of the rising adoption of renewable energy sources, the high adoption of smart technologies, and the high initial costs associated with modernization projects.
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Market Trends
High adoption of smart grid technologies is the primary trend in the market. The adoption of smart grid technologies is driven by the need for improved efficiency, reliability, and sustainability. Smart grids leverage advanced digital communication and control systems to optimize the generation, transmission, and distribution of electricity. One key aspect is advanced metering infrastructure (AMI), which enables two-way communication between utility companies and consumers. AMI allows for real-time monitoring of energy consumption, facilitating demand response programs and enabling consumers to better manage their electricity usage.
Distribution automation technologies within smart grids enhance grid reliability by quickly identifying and isolating faults, minimizing downtime, and improving outage restoration times. Furthermore, the integration of renewable energy sources and distributed energy resources (DERs) is facilitated through smart grid technologies, allowing for seamless management of variable generation and grid balancing. Thus, the adoption of smart grid technologies is driven by the increasing complexity of the energy industry and the need for more efficient, flexible, and resilient grid infrastructure, which will further propel the growth of the market during the forecast period.
Market Largest-Growing Segments
Cables Segment Analysis
High-voltage cables are a key component in transmitting electricity over long distances, typically from power generation facilities to substations or between different regions. These cables are designed to withstand high voltages and carry large amounts of power without significant losses. Prominent players in the segment include Prysmian Group, Nexans, General Cable Technologies Corporation (Prysmian Group), Sumitomo Electric Industries, Ltd., NKT A/S, Southwire Company, LLC, LS Cable and System Ltd., Furukawa Electric Co., Ltd., TPC Wire and Cable Corp., and KEI Industries Limited.
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Furthermore, advancements in cable technologies, such as high-temperature superconducting (HTS) cables and extra-high voltage (EHV) cables, are increasingly being deployed to improve transmission efficiency, reduce losses, and enhance grid reliability. Additionally, the adoption of smart grid solutions is driving the demand for specialized cables that are capable of supporting advanced monitoring, control, and communication functions within the grid infrastructure. Consequently, from the above-mentioned factors, the increase in demand for cables in smart grids can drive the growth of the market during the forecast period.
Market Regional Analysis
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APAC is estimated to contribute 35% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The Asia-Pacific (APAC) region plays a pivotal role in the market due to rapid urbanization, industrialization, and population growth. Significant demand for electric power in APAC stems from industrial and urban expansion, yet power infrastructure remains underdeveloped in many countries, leading to supply-demand gaps and instances of power theft. Investments in smart grid projects, particularly in India, China, and Japan, fueled by governmental initiatives, aim to bridge these gaps and enhance efficiency. However, challenges such as financial incentives and interoperability issues hinder the widespread adoption of smart grid systems in the region.
Market Dynamics and Customer Landscape
The market is witnessing a paradigm shift towards renewable energy sources and decentralized power generation, driven by imperatives for energy efficiency and curbing transmission and distribution losses. The integration of Distributed Energy Resources (DERs) is reshaping the landscape, necessitating compliance with evolving government laws and policies and substantial infrastructure investment. As the transition towards sustainable energy adoption gains momentum, challenges such as cybersecurity risks and aging infrastructure loom large.
However, technological advancements and smart grid solutions are mitigating these concerns, empowering the transformation of power transmission line and tower markets amidst evolving regulatory frameworks. Industries, commercial fleets, and smart cities are driving electricity demand and necessitating upgrades in transmission and distribution infrastructure. Our researchers analyzed the market research and growth data with 2023 as the base year, along with the key market growth analysis, trends, and challenges. A holistic analysis of drivers, trends, and challenges will help companies refine their marketing strategies to gain a competitive advantage.
Key Drivers of the Market
Rising adoption of renewable energy sources is the key factor driving the market. The rising adoption of renewable energy sources is primarily fueled by increasing concerns about climate change, coupled with advancements in renewable energy technologies and declining costs of renewables. Solar, wind, hydroelectric, and other forms of renewable energy are becoming increasingly competitive with traditional fossil fuels, prompting governments, businesses, and consumers to embrace cleaner alternatives. One of the key impacts of renewable energy is the need for substantial grid modernization and expansion of grid management to accommodate the integration of renewable energy sources.
Furthermore, the rising adoption of renewable energy sources is driving innovation in grid management and control systems. Besides, renewable energy sources also present significant opportunities for market growth and investment. Additionally, businesses are recognizing the economic benefits of renewable energy investments, including reduced operating costs, enhanced energy security, and improved corporate sustainability profiles. Thus, a rise in the adoption of renewable energy sources will boost the growth of the market during the forecast period.
Significance Challenges of Market
High initial costs associated with modernization projects are a major challenge that affects market expansion. The high initial costs are compounded by regulatory barriers and bureaucratic processes, adding complexity and expense to implementation efforts. Compliance with regulatory requirements, including cybersecurity protocols and interoperability standards, necessitates additional investments in specialized equipment and staff training, further inflating project costs.
Additionally, incentive programs offered by regulatory agencies, such as subsidies and grants for smart grid deployment, may require utilities to meet specific criteria, adding administrative burdens and delaying project timelines. These regulatory hurdles, coupled with the uncertainty surrounding return on investment and long payback periods, pose significant financial challenges for utilities and stakeholders, inhibiting investment in grid modernization, particularly for smaller entities with limited budgets. Thus, such factors will impede market expansion during the forecast period.
Market Customer Landscape
The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Customer Landscape
Major Market Companies
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
- ABB Ltd.: The company offers power grid such as power and automation products, systems and service solutions across the power value chain of generation, transmission and distribution enabling a stronger, smarter and greener grid.
The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
- 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.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Segment Overview
The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
- Component Outlook
- Cables
- Switchgear
- Transformers
- Variable speed drives
- Others
- Application Outlook
- Distribution
- Generation
- Transmission
- Region Outlook
- North America
- The U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- South America
- Chile
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
Market Analyst Overview:
The global power grid market is witnessing rapid evolution with new technologies and grid upgrades to accommodate small-scale solar and wind energy integration alongside energy storage technologies. Advanced grid management technologies are crucial for ensuring the reliability and efficiency of power grids amidst government regulations and compliance requirements. However, challenges such as cyberattacks, data breaches, and system interruptions necessitate continuous research and development in power transmission and distribution systems. The market dynamics are influenced by factors like energy demand, power generation plants, and the adoption of HVDC transmission systems and digitalization technologies.
Additionally, the power grid system market is witnessing significant growth driven by advancements in power management system technologies and the diversification of power source categories such as renewables. Key players in the cables sector and conventional power segment are adapting to meet evolving electricity supply demands. Market structures are evolving to accommodate new manufacturers and cater to various industrial processes and vehicle electrification needs.
Moreover, the power grid market dynamics are shaped by factors like T&D systems, monitoring devices, and the integration of digital technologies like smart thermostats and smart lighting. As the industry moves towards connected appliances and smart meters, innovations in IoT, big data, and artificial intelligence play pivotal roles in optimizing grid efficiency while addressing challenges such as pollution growth and social inequality.
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Market Scope |
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Report Coverage |
Details |
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Page number |
173 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.94% |
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Market growth 2024-2028 |
USD 93.89 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
5.49 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 35% |
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Key countries |
US, China, Japan, India, and Germany |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
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. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the market between 2024 and 2028
- Precise estimation of the market size and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
- A thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of market companies
We can help! Our analysts can customize this market research report to meet your requirements.
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 Geography
- 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 geography 2023-2028 (%)
- Exhibit 76: Data Table on Market share by geography 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 geography
- Exhibit 119: Market opportunity by geography ($ billion)
- Exhibit 120: Data Tables on Market opportunity by geography ($ 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
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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power grid market market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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