Electrical Grid Market Size, Share, Trends, Growth and Forecast 2034

Electrical Grid Market

Electrical Grid Market By Source (Natural Gas, Coal, Hydro, Renewables, and Others), By Application (Generation, Transmission, and Distribution), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034

Category: Energy & Mining Report Format : PDF Pages: 213 Report Code: ZMR-9399 Published Date: Apr-2025 Status : Published
Market Size in 2024 Market Forecast in 2034 CAGR (in %) Base Year
USD 272 Billion USD 477 Billion 5.8% 2024

Table Of Content

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Electrical Grid Market, (2025 - 2034) (USD Billion)
    • 2.2 Global Electrical Grid Market : snapshot
  • Chapter 3. Global Electrical Grid Market - Industry Analysis
    • 3.1 Electrical Grid Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Increasing electricity demand drives market growth
    • 3.3 Market Restraints
      • 3.3.1. High initial investment & maintenance costs hinder market growth
    • 3.4 Market Opportunities
      • 3.4.1. Growing launch of innovative solutions offers a lucrative opportunity for market growth
    • 3.5 Market Challenges
      • 3.5.1. Complexity in grid modernization poses a major challenge to market expansion
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Source
      • 3.7.2 Market attractiveness analysis By Application
  • Chapter 4. Global Electrical Grid Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Electrical Grid Market: company market share, 2024
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Electrical Grid Market - Source Analysis
    • 5.1 Global Electrical Grid Market overview: By Source
      • 5.1.1 Global Electrical Grid Market share, By Source, 2024 and 2034
    • 5.2 Natural Gas
      • 5.2.1 Global Electrical Grid Market by Natural Gas, 2025 - 2034 (USD Billion)
    • 5.3 Coal
      • 5.3.1 Global Electrical Grid Market by Coal, 2025 - 2034 (USD Billion)
    • 5.4 Hydro
      • 5.4.1 Global Electrical Grid Market by Hydro, 2025 - 2034 (USD Billion)
    • 5.5 Renewables
      • 5.5.1 Global Electrical Grid Market by Renewables, 2025 - 2034 (USD Billion)
    • 5.6 Others
      • 5.6.1 Global Electrical Grid Market by Others, 2025 - 2034 (USD Billion)
  • Chapter 6. Global Electrical Grid Market - Application Analysis
    • 6.1 Global Electrical Grid Market overview: By Application
      • 6.1.1 Global Electrical Grid Market share, By Application, 2024 and 2034
    • 6.2 Generation
      • 6.2.1 Global Electrical Grid Market by Generation, 2025 - 2034 (USD Billion)
    • 6.3 Transmission
      • 6.3.1 Global Electrical Grid Market by Transmission, 2025 - 2034 (USD Billion)
    • 6.4 Distribution
      • 6.4.1 Global Electrical Grid Market by Distribution, 2025 - 2034 (USD Billion)
  • Chapter 7. Electrical Grid Market - Regional Analysis
    • 7.1 Global Electrical Grid Market Regional Overview
    • 7.2 Global Electrical Grid Market Share, by Region, 2024 & 2034 (USD Billion)
    • 7.3. North America
      • 7.3.1 North America Electrical Grid Market, 2025 - 2034 (USD Billion)
        • 7.3.1.1 North America Electrical Grid Market, by Country, 2025 - 2034 (USD Billion)
    • 7.4 North America Electrical Grid Market, by Source, 2025 - 2034
      • 7.4.1 North America Electrical Grid Market, by Source, 2025 - 2034 (USD Billion)
    • 7.5 North America Electrical Grid Market, by Application, 2025 - 2034
      • 7.5.1 North America Electrical Grid Market, by Application, 2025 - 2034 (USD Billion)
    • 7.4. Europe
      • 7.4.2 Europe Electrical Grid Market, 2025 - 2034 (USD Billion)
        • 7.4.2.1 Europe Electrical Grid Market, by Country, 2025 - 2034 (USD Billion)
    • 7.4 Europe Electrical Grid Market, by Source, 2025 - 2034
      • 7.4.1 Europe Electrical Grid Market, by Source, 2025 - 2034 (USD Billion)
    • 7.5 Europe Electrical Grid Market, by Application, 2025 - 2034
      • 7.5.1 Europe Electrical Grid Market, by Application, 2025 - 2034 (USD Billion)
    • 7.5. Asia Pacific
      • 7.5.3 Asia Pacific Electrical Grid Market, 2025 - 2034 (USD Billion)
        • 7.5.3.1 Asia Pacific Electrical Grid Market, by Country, 2025 - 2034 (USD Billion)
    • 7.4 Asia Pacific Electrical Grid Market, by Source, 2025 - 2034
      • 7.4.1 Asia Pacific Electrical Grid Market, by Source, 2025 - 2034 (USD Billion)
    • 7.5 Asia Pacific Electrical Grid Market, by Application, 2025 - 2034
      • 7.5.1 Asia Pacific Electrical Grid Market, by Application, 2025 - 2034 (USD Billion)
    • 7.6. Latin America
      • 7.6.4 Latin America Electrical Grid Market, 2025 - 2034 (USD Billion)
        • 7.6.4.1 Latin America Electrical Grid Market, by Country, 2025 - 2034 (USD Billion)
    • 7.4 Latin America Electrical Grid Market, by Source, 2025 - 2034
      • 7.4.1 Latin America Electrical Grid Market, by Source, 2025 - 2034 (USD Billion)
    • 7.5 Latin America Electrical Grid Market, by Application, 2025 - 2034
      • 7.5.1 Latin America Electrical Grid Market, by Application, 2025 - 2034 (USD Billion)
    • 7.7. The Middle-East and Africa
      • 7.7.5 The Middle-East and Africa Electrical Grid Market, 2025 - 2034 (USD Billion)
        • 7.7.5.1 The Middle-East and Africa Electrical Grid Market, by Country, 2025 - 2034 (USD Billion)
    • 7.4 The Middle-East and Africa Electrical Grid Market, by Source, 2025 - 2034
      • 7.4.1 The Middle-East and Africa Electrical Grid Market, by Source, 2025 - 2034 (USD Billion)
    • 7.5 The Middle-East and Africa Electrical Grid Market, by Application, 2025 - 2034
      • 7.5.1 The Middle-East and Africa Electrical Grid Market, by Application, 2025 - 2034 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1 Itron Inc.
      • 8.1.1 Overview
      • 8.1.2 Financials
      • 8.1.3 Product Portfolio
      • 8.1.4 Business Strategy
      • 8.1.5 Recent Developments
    • 8.2 Schneider Electric SE
      • 8.2.1 Overview
      • 8.2.2 Financials
      • 8.2.3 Product Portfolio
      • 8.2.4 Business Strategy
      • 8.2.5 Recent Developments
    • 8.3 Siemens AG
      • 8.3.1 Overview
      • 8.3.2 Financials
      • 8.3.3 Product Portfolio
      • 8.3.4 Business Strategy
      • 8.3.5 Recent Developments
    • 8.4 Mitsubishi Electric Corporation
      • 8.4.1 Overview
      • 8.4.2 Financials
      • 8.4.3 Product Portfolio
      • 8.4.4 Business Strategy
      • 8.4.5 Recent Developments
    • 8.5 National Grid
      • 8.5.1 Overview
      • 8.5.2 Financials
      • 8.5.3 Product Portfolio
      • 8.5.4 Business Strategy
      • 8.5.5 Recent Developments
    • 8.6 ABB Ltd.
      • 8.6.1 Overview
      • 8.6.2 Financials
      • 8.6.3 Product Portfolio
      • 8.6.4 Business Strategy
      • 8.6.5 Recent Developments
    • 8.7 NextEra Energy Inc.
      • 8.7.1 Overview
      • 8.7.2 Financials
      • 8.7.3 Product Portfolio
      • 8.7.4 Business Strategy
      • 8.7.5 Recent Developments
    • 8.8 General Electric Company
      • 8.8.1 Overview
      • 8.8.2 Financials
      • 8.8.3 Product Portfolio
      • 8.8.4 Business Strategy
      • 8.8.5 Recent Developments
    • 8.9 Eaton Corporation PLC
      • 8.9.1 Overview
      • 8.9.2 Financials
      • 8.9.3 Product Portfolio
      • 8.9.4 Business Strategy
      • 8.9.5 Recent Developments
    • 8.10 Toshiba Corporation
      • 8.10.1 Overview
      • 8.10.2 Financials
      • 8.10.3 Product Portfolio
      • 8.10.4 Business Strategy
      • 8.10.5 Recent Developments
    • 8.11 and others.
      • 8.11.1 Overview
      • 8.11.2 Financials
      • 8.11.3 Product Portfolio
      • 8.11.4 Business Strategy
      • 8.11.5 Recent Developments

Table Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Electrical Grid Market, 2025 - 2034 (USD Billion)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Electrical Grid Market attractiveness, By Source
  • 6. Global Electrical Grid Market attractiveness, By Application
  • 7. Global Electrical Grid Market share by Source, 2025 and 2034 (USD Billion)
  • 8. Global Electrical Grid Market by Natural Gas, 2025 - 2034 (USD Billion)
  • 9. Global Electrical Grid Market by Coal, 2025 - 2034 (USD Billion)
  • 10. Global Electrical Grid Market by Hydro, 2025 - 2034 (USD Billion)
  • 11. Global Electrical Grid Market by Renewables, 2025 - 2034 (USD Billion)
  • 12. Global Electrical Grid Market by Others, 2025 - 2034 (USD Billion)
  • 13. Global Electrical Grid Market share by Application, 2025 and 2034 (USD Billion)
  • 14. Global Electrical Grid Market by Generation, 2025 - 2034 (USD Billion)
  • 15. Global Electrical Grid Market by Transmission, 2025 - 2034 (USD Billion)
  • 16. Global Electrical Grid Market by Distribution, 2025 - 2034 (USD Billion)
  • 17. Global Electrical Grid Market share, by Region, 2025 and 2034
  • 18. North America Electrical Grid Market, 2025 - 2034 (USD Billion)
  • 19. Europe Electrical Grid Market, 2025 - 2034 (USD Billion)
  • 20. Asia Pacific Electrical Grid Market, 2025 - 2034 (USD Billion)
  • 21. Latin America Electrical Grid Market, 2025 - 2034 (USD Billion)
  • 22. The Middle-East and Africa Electrical Grid Market, 2025 - 2034 (USD Billion)

Table Of Tables

  • 1. Global Electrical Grid Market: Snapshot
  • 2. Drivers of the Electrical Grid Market: impact analysis
  • 3. North America Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 4. North America Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 5. U.S. Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 6. U.S. Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 7. Canada Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 8. Canada Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 9. Europe Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 10. Europe Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 11. Germany Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 12. Germany Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 13. France Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 14. France Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 15. U.K. Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 16. U.K. Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 17. Italy Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 18. Italy Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 19. Spain Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 20. Spain Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 21. Rest of Europe Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 22. Rest of Europe Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 23. Asia Pacific Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 24. Asia Pacific Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 25. China Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 26. China Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 27. Japan Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 28. Japan Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 29. India Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 30. India Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 31. South Korea Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 32. South Korea Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 33. South-East Asia Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 34. South-East Asia Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 35. Rest of Asia Pacific Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 36. Rest of Asia Pacific Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 37. Latin America Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 38. Latin America Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 39. Brazil Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 40. Brazil Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 41. Mexico Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 42. Mexico Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 43. Rest of Latin America Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 44. Rest of Latin America Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 45. The Middle-East and Africa Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 46. The Middle-East and Africa Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 47. GCC Countries Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 48. GCC Countries Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 49. South Africa Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 50. South Africa Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)
  • 51. Rest of Middle-East Africa Electrical Grid Market revenue, By Source, 2025 - 2034 (USD Billion)
  • 52. Rest of Middle-East Africa Electrical Grid Market revenue, By Application, 2025 - 2034 (USD Billion)

Methodology

FrequentlyAsked Questions

An interconnected system for delivering electricity from producers to consumers is known as an electrical grid or electricity network.

The electrical grid market is driven by several variables, including growing urbanization, increasing electricity demand, rising innovative product launches, and many others.

According to the report, the global electrical grid market size was worth around USD 272 billion in 2024 and is predicted to grow to around USD 477 billion by 2034.

The global electrical grid market is expected to grow at a CAGR of 5.8% during the forecast period.

The global electrical grid market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the growing investment in advanced infrastructure and the growing renewable energy addition in the area.

The global electrical grid market is dominated by players like Itron Inc., Schneider Electric SE, Siemens AG, Mitsubishi Electric Corporation, National Grid, ABB Ltd., NextEra Energy, Inc., General Electric Company, Eaton Corporation PLC, and Toshiba Corporation, among others.

The electrical grid market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.

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List of Contents

Industry Prospective:OverviewKey InsightsGrowth DriversRestraintsOpportunitiesChallengesReport ScopeSegmentationRegional AnalysisCompetitive Analysis

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