The Europe smart grid market is projected to record a CAGR of 9.75%, across the forecast period of 2021 to 2028. The rising interest in smart grid systems among operators and investors, the initiatives and funding by the European Commission into smart grid technology, the growing electricity consumption, and the increasing demand for renewable energy sources, are among the key factors propelling the region’s market growth.

EUROPE SMART GRID MARKET FORECAST 2021-2028

Europe Smart Grid Market by End-user ( Commercial End-user, Industrial End-user, Residential End-user ) Market by Application ( Transmission, Distribution, Consumption/end-use, Generation ) Market by Component ( Solution, Services ) by Geography.

Request free sample

The Europe smart grid market is projected to record a CAGR of 9.75%, across the forecast period of 2021 to 2028. The rising interest in smart grid systems among operators and investors, the initiatives and funding by the European Commission into smart grid technology, the growing electricity consumption, and the increasing demand for renewable energy sources, are among the key factors propelling the region’s market growth.europe-smart-grid-market

To learn more about this report, request a free sample copy

The Europe smart grid market growth analysis includes the assessment of Germany, Poland, Russia, the United Kingdom, France, Italy, Belgium, and the rest of Europe. The United Kingdom’s power sector is presently the single largest source of greenhouse gas emissions. Besides, the anticipated future decarbonized electrical power system in Great Britain is expected to rely on generation from an amalgamation of nuclear generators, renewables, and fossil-fueled plants, with carbon capture and storage (CCS). However, the combination is challenging to manage, since it comprises variable renewable generation as well as large central generators, running at a constant output for commercial and technical purposes.

On the other hand, France passed the Energy Transition for Green Growth Bill in 2015. The bill established a roadmap for transforming the country’s energy model, without obstructing its growth. In addition, it also requires all producers and customers to effectively play their part in minimizing greenhouse emissions. Moreover, the bill outlines key objectives, such as, reducing France’s greenhouse gas emissions by 40%, over the next decade. Thus, these factors are set to fuel the Europe smart grid market growth.

Schneider Electric SE, headquartered in France, provides integrated solutions to infrastructure and utilities, industries and machine manufacturers, data centers and networks, residential, and non-residential markets. The company also offers security and building management products, cybersecurity solutions, medium voltage distribution, solar products, control and automation products, and others.

To request a free sample copy of this report, please complete the form below :

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • MARKET SCOPE
      • KEY DRIVERS
        • NEED FOR EFFICIENT USE OF ENERGY
        • RAPID DIGITIZATION OF ELECTRICITY INFRASTRUCTURE
        • SHIFTING TREND TOWARDS RENEWABLE ENERGY USE
        • GOVERNMENT REGULATIONS & POLICIES
        • STABILITY IN INSTALLATION COSTS
        • INVESTMENT IN SMART GRID PROJECTS
      • KEY RESTRAINTS
        • CHALLENGES IN TERMS OF INTEROPERABILITY & STANDARDIZATION
        • SECURITY CONCERNS
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON SMART GRID MARKET
      • KEY INVESTMENT INSIGHTS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    2. MARKET BY END-USER
      • COMMERCIAL END-USER
      • INDUSTRIAL END-USER
      • RESIDENTIAL END-USER
    3. MARKET BY APPLICATION
      • TRANSMISSION
      • DISTRIBUTION
      • CONSUMPTION/END-USE
      • GENERATION
    4. MARKET BY COMPONENT
      • SOLUTION
        • SUBSTATION AUTOMATION
        • SMART GRID DISTRIBUTION MANAGEMENT
        • ADVANCED METERING INFRASTRUCTURE
        • SMART GRID NETWORK MANAGEMENT
        • SMART GRID SECURITY
        • SMART GRID COMMUNICATION
        • OTHER SOLUTIONS
      • SERVICES
    5. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • ABB LTD
        • AMDOCS CORPORATION
        • AUTOGRID SYSTEMS INC
        • CISCO SYSTEMS INC
        • GENERAL ELECTRIC COMPANY
        • HONEYWELL INTERNATIONAL
        • INTERNATIONAL BUSINESS MACHINES CORPORATION
        • ITRON INC
        • LANDIS & GYR GROUP AG
        • ORACLE CORPORATION
        • SCHNEIDER ELECTRIC SE
        • SENSUS INC
        • SIEMENS AG
        • TANTALUS SYSTEM CORP
        • 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)

    1. GEOGRAPHICAL ANALYSIS
      • EUROPE
        • MARKET SIZE & ESTIMATES
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED KINGDOM
          • GERMANY
          • FRANCE
          • ITALY
          • RUSSIA
          • BELGIUM
          • POLAND
          • REST OF EUROPE
    1. MARKET BY END-USER
      • COMMERCIAL END-USER
      • INDUSTRIAL END-USER
      • RESIDENTIAL END-USER
    2. MARKET BY APPLICATION
      • TRANSMISSION
      • DISTRIBUTION
      • CONSUMPTION/END-USE
      • GENERATION
    3. MARKET BY COMPONENT
      • SOLUTION
        • SUBSTATION AUTOMATION
        • SMART GRID DISTRIBUTION MANAGEMENT
        • ADVANCED METERING INFRASTRUCTURE
        • SMART GRID NETWORK MANAGEMENT
        • SMART GRID SECURITY
        • SMART GRID COMMUNICATION
        • OTHER SOLUTIONS
      • SERVICES

    To request a free sample copy of this report, please complete the form below :
    We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

      Choose License Type