Smart Grid Communications Market Size, Status and Forecast 2019-2025

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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.

North America is expected to be the dominant region for the smart grid communications market owing to the availability of highly advanced technological infrastructure. Asia Pacific is projected to be an emerging region for the smart grid communications market owing to the increasing demand for smart grids in the region.

In 2018, the global Smart Grid Communications market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019–2025.

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This report focuses on the global Smart Grid Communications status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Smart Grid Communications development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

  • Itron
  • Landis+Gyr
  • Echelon
  • Sensus USA
  • Silver Spring Networks
  • ABB
  • Verizon communicationss
  • Trilliant
  • Elster Group
  • Current Communications Group

Market segment by Type, the product can be split into

  • Wired Communications System
  • Wireless Communications System

Market segment by Application, split into

  • Residential Sector
  • Commercial Sector
  • Other

Market segment by Regions/Countries, this report covers

  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Central & South America

The study objectives of this report are:

  • To analyze global Smart Grid Communications status, future forecast, growth opportunity, key market and key players.
  • To present the Smart Grid Communications development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
  • To strategically profile the key players and comprehensively analyze their development plan and strategies.
  • To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Smart Grid Communications are as follows:

  • History Year: 2014–2018
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year 2019 to 2025

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