Report overview
Smart grid communication networks are used to support smart grid applications. These communication networks provide essential infrastructure allowing utilities to manage smart grid devices from a central location. Previously, communication networks for smart grid devices supported supervisory control and data acquisition (SCADA) systems as a machine-to-machine technology. However, with technological advancements in the Smart Grid industry, new field-based sensors, wireless technologies, and mobile devices are being used for supporting SCADA systems. This allows the traditional power grid to become more resilient, reliable, and efficient.
This report contains market size and forecasts of Smart Grid Communications in Global, including the following market information:
Global Smart Grid Communications Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Smart Grid Communications market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Wired Communications System Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Smart Grid Communications include Itron, Landis+Gyr, Echelon, Sensus USA, Itron, ABB, Verizon communicationss, Tropos Networks and Trilliant, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Smart Grid Communications 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 Smart Grid Communications Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Smart Grid Communications Market Segment Percentages, by Type, 2021 (%)
Wired Communications System
Wireless Communications System
Global Smart Grid Communications Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Smart Grid Communications Market Segment Percentages, by Application, 2021 (%)
Residential Sector
Commercial Sector
Others
Global Smart Grid Communications Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Smart Grid Communications Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smart Grid Communications revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Smart Grid Communications revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Itron
Landis+Gyr
Echelon
Sensus USA
Itron
ABB
Verizon communicationss
Tropos Networks
Trilliant
Elster Group
Current Communications Group
