Europe smart energy market accounted for $33.9 billion in 2020 and will grow by 13.6% annually over 2020-2027 owing to the rising adoption of smart grid technologies, increasing regulations on using energy-efficient equipment, and the growing demand for clean energy.
Highlighted with 30 tables and 35 figures, this 86-page report “Europe 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 Country: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire Europe 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 Europe 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 Europe smart energy market in every aspect of the classification from perspectives of Component, Product Type, End Use, and Country.
Based on Component, the Europe 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 Europe 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 Europe 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 national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown 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 5
1.1 Industry Definition and Research Scope 5
1.1.1 Industry Definition 5
1.1.2 Research Scope 6
1.2 Research Methodology 9
1.2.1 Overview of Market Research Methodology 9
1.2.2 Market Assumption 10
1.2.3 Secondary Data 10
1.2.4 Primary Data 10
1.2.5 Data Filtration and Model Design 11
1.2.6 Market Size/Share Estimation 12
1.2.7 Research Limitations 13
1.3 Executive Summary 14
2 Market Overview and Dynamics 16
2.1 Market Size and Forecast 16
2.1.1 Impact of COVID-19 on World Economy 17
2.1.2 Impact of COVID-19 on the Market 19
2.2 Major Growth Drivers 21
2.3 Market Restraints and Challenges 24
2.4 Emerging Opportunities and Market Trends 27
2.5 Porter’s Fiver Forces Analysis 31
3 Segmentation of Europe Market by Component 35
3.1 Market Overview by Component 35
3.2 Hardware & Equipment 37
3.3 Solution & Service 38
4 Segmentation of Europe Market by Product Type 39
4.1 Market Overview by Product Type 39
4.2 Smart Grid 41
4.3 Digital Oilfield 42
4.4 Smart Solar 43
4.5 Smart Home Energy Management System 44
4.6 Other Products 45
5 Segmentation of Europe Market by End Use 46
5.1 Market Overview by End Use 46
5.2 Residential Use 48
5.3 Commercial Use 49
5.4 Industrial Use 50
6 European Market 2020-2027 by Country 51
6.1 Overview of European Market 51
6.2 UK 54
6.3 France 56
6.4 Germany 58
6.5 Spain 60
6.6 Italy 62
6.7 Russia 64
6.8 Rest of European Market 66
7 Competitive Landscape 68
7.1 Overview of Key Vendors 68
7.2 New Product Launch, Partnership, Investment, and M&A 71
7.3 Company Profiles 72
ABB Ltd. 72
Elster Group SE 74
General Electric Company 75
Honeywell International Inc. 76
International Business Machines Corp. 77
Itron, Inc. 78
Landis+Gyr AG 79
Robert Bosch GmbH 80
S&T Smart Energy 81
Schneider Electric SE 82
Sensus 83
Siemens AG 84
Solar Grid Storage LLC 85
Related Reports and Products 86
Table 1. Snapshot of Europe Smart Energy Market in Balanced Perspective, 2020-2027 15
Table 2. Growth Rate of World GDP, 2020-2022 18
Table 3. Main Product Trends and Market Opportunities in Europe Smart Energy Market 27
Table 4. Europe Smart Energy Market by Component, 2017-2027, $ bn 35
Table 5. Europe Smart Energy Market by Product Type, 2017-2027, $ bn 39
Table 6. Europe Smart Energy Market by End Use, 2017-2027, $ bn 46
Table 7. Europe Smart Energy Market by Country, 2017-2027, $ bn 53
Table 8. UK Smart Energy Market by Component, 2017-2027, $ bn 55
Table 9. UK Smart Energy Market by Product Type, 2017-2027, $ bn 55
Table 10. UK Smart Energy Market by End Use, 2017-2027, $ bn 55
Table 11. France Smart Energy Market by Component, 2017-2027, $ bn 57
Table 12. France Smart Energy Market by Product Type, 2017-2027, $ bn 57
Table 13. France Smart Energy Market by End Use, 2017-2027, $ bn 57
Table 14. Germany Smart Energy Market by Component, 2017-2027, $ bn 59
Table 15. Germany Smart Energy Market by Product Type, 2017-2027, $ bn 59
Table 16. Germany Smart Energy Market by End Use, 2017-2027, $ bn 59
Table 17. Spain Smart Energy Market by Component, 2017-2027, $ bn 61
Table 18. Spain Smart Energy Market by Product Type, 2017-2027, $ bn 61
Table 19. Spain Smart Energy Market by End Use, 2017-2027, $ bn 61
Table 20. Italy Smart Energy Market by Component, 2017-2027, $ bn 63
Table 21. Italy Smart Energy Market by Product Type, 2017-2027, $ bn 63
Table 22. Italy Smart Energy Market by End Use, 2017-2027, $ bn 63
Table 23. Russia Smart Energy Market by Component, 2017-2027, $ bn 65
Table 24. Russia Smart Energy Market by Product Type, 2017-2027, $ bn 65
Table 25. Russia Smart Energy Market by End Use, 2017-2027, $ bn 65
Table 26. Smart Energy Market in Rest of Europe by Country, 2017-2027, $ bn 67
Table 27. ABB Ltd.: Company Snapshot 72
Table 28. ABB Ltd.: Business Segmentation 72
Table 29. ABB Ltd.: Product Portfolio 73
Table 30. ABB Ltd.: Revenue, 2017-2019, $ bn 73