Global smart energy market will reach $595 billion by 2027, growing by 16.4% annually over 2020-2027 driven by the rising adoption of smart grid technologies, increasing regulations on using energy-efficient equipment, and the growing demand for clean energy.
Highlighted with 79 tables and 67 figures, this 139-page report “Global Smart Energy Market 2020-2027 by Component (Hardware & Equipment, Solution & Service), Product Type (Smart Grid, Digital Oilfield, Smart Solar), End Use (Residential, Commercial, Industrial), and Region: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire global smart energy market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate/forecast from 2020 till 2027 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global smart energy market in every aspect of the classification from perspectives of Component, Product Type, End Use, and Region.
Based on Component, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Hardware & Equipment
• Solution & Service
Based on Product Type, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Smart Grid
• Digital Oilfield
• Smart Solar
• Smart Home Energy Management System
• Other Products
Based on End Use, the global market is segmented into the following sub-markets with annual revenue for 2017-2027 included in each section.
• Residential Use
• Commercial Use
• Industrial Use
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of all regional markets by country and split of key national markets by Component, Product Type, and End Use over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
ABB Ltd.
Elster Group SE
General Electric Company
Honeywell International Inc.
International Business Machines Corp.
Itron, Inc.
Landis+Gyr AG
Robert Bosch GmbH
S&T Smart Energy
Schneider Electric SE
Sensus
Siemens AG
Solar Grid Storage LLC
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 22
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 27
2.4 Emerging Opportunities and Market Trends 30
2.5 Porter’s Fiver Forces Analysis 34
3 Segmentation of Global Market by Component 38
3.1 Market Overview by Component 38
3.2 Hardware & Equipment 40
3.3 Solution & Service 41
4 Segmentation of Global Market by Product Type 42
4.1 Market Overview by Product Type 42
4.2 Smart Grid 44
4.3 Digital Oilfield 45
4.4 Smart Solar 46
4.5 Smart Home Energy Management System 47
4.6 Other Products 48
5 Segmentation of Global Market by End Use 49
5.1 Market Overview by End Use 49
5.2 Residential Use 51
5.3 Commercial Use 52
5.4 Industrial Use 53
6 Segmentation of Global Market by Region 54
6.1 Geographic Market Overview 2020-2027 54
6.2 North America Market 2020-2027 by Country 58
6.2.1 Overview of North America Market 58
6.2.2 U.S. 61
6.2.3 Canada 64
6.2.4 Mexico 66
6.3 European Market 2020-2027 by Country 68
6.3.1 Overview of European Market 68
6.3.2 UK 71
6.3.3 France 73
6.3.4 Germany 75
6.3.5 Spain 77
6.3.6 Italy 79
6.3.7 Russia 81
6.3.8 Rest of European Market 83
6.4 Asia-Pacific Market 2020-2027 by Country 85
6.4.1 Overview of Asia-Pacific Market 85
6.4.2 China 88
6.4.3 Japan 90
6.4.4 India 93
6.4.5 Australia 95
6.4.6 South Korea 97
6.4.7 Rest of APAC Region 99
6.5 South America Market 2020-2027 by Country 101
6.5.1 Argentina 104
6.5.2 Brazil 106
6.5.3 Chile 108
6.5.4 Rest of South America Market 110
6.6 MEA Market 2020-2027 by Country 111
6.6.1 UAE 114
6.6.2 Saudi Arabia 116
6.6.3 South Africa 118
6.6.4 Other National Markets 120
7 Competitive Landscape 121
7.1 Overview of Key Vendors 121
7.2 New Product Launch, Partnership, Investment, and M&A 124
7.3 Company Profiles 125
ABB Ltd. 125
Elster Group SE 127
General Electric Company 128
Honeywell International Inc. 129
International Business Machines Corp. 130
Itron, Inc. 131
Landis+Gyr AG 132
Robert Bosch GmbH 133
S&T Smart Energy 134
Schneider Electric SE 135
Sensus 136
Siemens AG 137
Solar Grid Storage LLC 138
Related Reports and Products 139
Table 1. Snapshot of Global Smart Energy Market in Balanced Perspective, 2020-2027 18
Table 2. Growth Rate of World GDP, 2020-2022 21
Table 3. Main Product Trends and Market Opportunities in Global Smart Energy Market 30
Table 4. Global Smart Energy Market by Component, 2017-2027, $ bn 38
Table 5. Global Smart Energy Market by Product Type, 2017-2027, $ bn 42
Table 6. Global Smart Energy Market by End Use, 2017-2027, $ bn 49
Table 7. Global Smart Energy Market by Region, 2017-2027, $ bn 55
Table 8. Leading National Smart Energy Market, 2020 and 2027, $ bn 57
Table 9. North America Smart Energy Market by Country, 2017-2027, $ bn 60
Table 10. U.S. Smart Energy Market by Component, 2017-2027, $ bn 63
Table 11. U.S. Smart Energy Market by Product Type, 2017-2027, $ bn 63
Table 12. U.S. Smart Energy Market by End Use, 2017-2027, $ bn 63
Table 13. Canada Smart Energy Market by Component, 2017-2027, $ bn 65
Table 14. Canada Smart Energy Market by Product Type, 2017-2027, $ bn 65
Table 15. Canada Smart Energy Market by End Use, 2017-2027, $ bn 65
Table 16. Mexico Smart Energy Market by Component, 2017-2027, $ bn 67
Table 17. Mexico Smart Energy Market by Product Type, 2017-2027, $ bn 67
Table 18. Mexico Smart Energy Market by End Use, 2017-2027, $ bn 67
Table 19. Europe Smart Energy Market by Country, 2017-2027, $ bn 70
Table 20. UK Smart Energy Market by Component, 2017-2027, $ bn 72
Table 21. UK Smart Energy Market by Product Type, 2017-2027, $ bn 72
Table 22. UK Smart Energy Market by End Use, 2017-2027, $ bn 72
Table 23. France Smart Energy Market by Component, 2017-2027, $ bn 74
Table 24. France Smart Energy Market by Product Type, 2017-2027, $ bn 74
Table 25. France Smart Energy Market by End Use, 2017-2027, $ bn 74
Table 26. Germany Smart Energy Market by Component, 2017-2027, $ bn 76
Table 27. Germany Smart Energy Market by Product Type, 2017-2027, $ bn 76
Table 28. Germany Smart Energy Market by End Use, 2017-2027, $ bn 76
Table 29. Spain Smart Energy Market by Component, 2017-2027, $ bn 78
Table 30. Spain Smart Energy Market by Product Type, 2017-2027, $ bn 78
Table 31. Spain Smart Energy Market by End Use, 2017-2027, $ bn 78
Table 32. Italy Smart Energy Market by Component, 2017-2027, $ bn 80
Table 33. Italy Smart Energy Market by Product Type, 2017-2027, $ bn 80
Table 34. Italy Smart Energy Market by End Use, 2017-2027, $ bn 80
Table 35. Russia Smart Energy Market by Component, 2017-2027, $ bn 82
Table 36. Russia Smart Energy Market by Product Type, 2017-2027, $ bn 82
Table 37. Russia Smart Energy Market by End Use, 2017-2027, $ bn 82
Table 38. Smart Energy Market in Rest of Europe by Country, 2017-2027, $ bn 84
Table 39. APAC Smart Energy Market by Country, 2017-2027, $ bn 87
Table 40. China Smart Energy Market by Component, 2017-2027, $ bn 89
Table 41. China Smart Energy Market by Product Type, 2017-2027, $ bn 89
Table 42. China Smart Energy Market by End Use, 2017-2027, $ bn 89
Table 43. Japan Smart Energy Market by Component, 2017-2027, $ bn 92
Table 44. Japan Smart Energy Market by Product Type, 2017-2027, $ bn 92
Table 45. Japan Smart Energy Market by End Use, 2017-2027, $ bn 92
Table 46. India Smart Energy Market by Component, 2017-2027, $ bn 94
Table 47. India Smart Energy Market by Product Type, 2017-2027, $ bn 94
Table 48. India Smart Energy Market by End Use, 2017-2027, $ bn 94
Table 49. Australia Smart Energy Market by Component, 2017-2027, $ bn 96
Table 50. Australia Smart Energy Market by Product Type, 2017-2027, $ bn 96
Table 51. Australia Smart Energy Market by End Use, 2017-2027, $ bn 96
Table 52. South Korea Smart Energy Market by Component, 2017-2027, $ bn 98
Table 53. South Korea Smart Energy Market by Product Type, 2017-2027, $ bn 98
Table 54. South Korea Smart Energy Market by End Use, 2017-2027, $ bn 98
Table 55. Smart Energy Market in Rest of APAC by Country/Region, 2017-2027, $ bn 100
Table 56. South America Smart Energy Market by Country, 2017-2027, $ bn 103
Table 57. Argentina Smart Energy Market by Component, 2017-2027, $ bn 105
Table 58. Argentina Smart Energy Market by Product Type, 2017-2027, $ bn 105
Table 59. Argentina Smart Energy Market by End Use, 2017-2027, $ bn 105
Table 60. Brazil Smart Energy Market by Component, 2017-2027, $ bn 107
Table 61. Brazil Smart Energy Market by Product Type, 2017-2027, $ bn 107
Table 62. Brazil Smart Energy Market by End Use, 2017-2027, $ bn 107
Table 63. Chile Smart Energy Market by Component, 2017-2027, $ bn 109
Table 64. Chile Smart Energy Market by Product Type, 2017-2027, $ bn 109
Table 65. Chile Smart Energy Market by End Use, 2017-2027, $ bn 109
Table 66. MEA Smart Energy Market by Country, 2017-2027, $ bn 113
Table 67. UAE Smart Energy Market by Component, 2017-2027, $ bn 115
Table 68. UAE Smart Energy Market by Product Type, 2017-2027, $ bn 115
Table 69. UAE Smart Energy Market by End Use, 2017-2027, $ bn 115
Table 70. Saudi Arabia Smart Energy Market by Component, 2017-2027, $ bn 117
Table 71. Saudi Arabia Smart Energy Market by Product Type, 2017-2027, $ bn 117
Table 72. Saudi Arabia Smart Energy Market by End Use, 2017-2027, $ bn 117
Table 73. South Africa Smart Energy Market by Component, 2017-2027, $ bn 119
Table 74. South Africa Smart Energy Market by Product Type, 2017-2027, $ bn 119
Table 75. South Africa Smart Energy Market by End Use, 2017-2027, $ bn 119
Table 76. ABB Ltd.: Company Snapshot 125
Table 77. ABB Ltd.: Business Segmentation 125
Table 78. ABB Ltd.: Product Portfolio 126
Table 79. ABB Ltd.: Revenue, 2017-2019, $ bn 126
