Last Updated: 23-07-2025 | Format: PDF | Report ID:10538 | Author: Raj K
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | Revenue (USD Million) |
| What is the projected market size by 2035? | $124,500 Million |
| What is the market CAGR from 2025 to 2035? | 9.9% |
| Which region dominates the market? | United States (63%) |
| Which product/service type dominates the market? | Advanced Metering Infrastructure (32%) |
| Which application leads the market? | Residential (38%) |
| Who are the major buyers? | Utility (47%), Commercial (24%) |
| What are the key market growth drivers? | Growing investments in grid modernization and integration of renewable energy sources; Government regulations and funding initiatives supporting smart grid deployment |
| What are the major market challenges? | Complex integration of legacy grid with new smart devices creates interoperability issues; High capital expenditure and uncertain ROI discourages smaller utilities from large-scale deployment |
| What is the forecast period? | 2026–2035 |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| Who are the key market players? |
| ABB, Siemens, Schneider Electric, General Electric, Cisco Systems, Eaton, Oracle, IBM, Itron, Honeywell, Landis+Gyr, S&C Electric, Aclara Technologies, Open Systems International, Tantalus Systems |
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