Smart Energy Market Size, Share, Analysis, Trends, Growth, Forecast, 2032

Smart Energy Market

Smart Energy Market by Product (Smart Grid, Digital Oilfield, Smart Solar and Home Energy Management System), by End Use (Residential, Industrial and Commercial): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024-2032

Category: Energy & Mining Report Format : PDF Pages: 120 Report Code: ZMR-6351 Published Date: Dec-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 175.58 Billion USD 420.83 Billion 10.2% 2023

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Product
        • 2.1.1.2. Market Attractiveness Analysis, By End Use
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Smart Energy Market, 2016 – 2020 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Smart Energy Market – Product Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Product, 2020 & 2028
    • 4.2. Smart Grid
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Digital Oilfield
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Smart Sular
      • 4.4.1. Market Size and Forecast, By Region (USD Million)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Home Energy Management System
      • 4.5.1. Market Size and Forecast, By Region (USD Million)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Smart Energy Market – End Use Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By End Use, 2020 & 2028
    • 5.2. Residential
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Industrial
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Commercial
      • 5.4.1. Market Size and Forecast, By Region (USD Million)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Smart Energy Market – Regional Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2020 (USD Million)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2020 (USD Million)
      • 6.2.2. North America Market Revenue, By Product, 2016 – 2020
      • 6.2.3. North America Market Revenue, By End Use, 2016 – 2020
      • 6.2.4. U.S.
        • 6.2.4.1. U.S. Market Revenue, By Product, 2016 – 2020
        • 6.2.4.2. U.S. Market Revenue, By End Use, 2016 – 2020
      • 6.2.5. Canada
        • 6.2.5.1. Canada Market Revenue, By Product, 2016 – 2020
        • 6.2.5.2. Canada Market Revenue, By End Use, 2016 – 2020
      • 6.2.6. Mexico
        • 6.2.6.1. Mexico Market Revenue, By Product, 2016 – 2020
        • 6.2.6.2. Mexico Market Revenue, By End Use, 2016 – 2020
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2020 (USD Million)
      • 6.3.2. Europe Market Revenue, By Product, 2016 – 2020
      • 6.3.3. Europe Market Revenue, By End Use, 2016 – 2020
      • 6.3.4. Germany
        • 6.3.4.1. Germany Market Revenue, By Product, 2016 – 2020
        • 6.3.4.2. Germany Market Revenue, By End Use, 2016 – 2020
      • 6.3.5. France
        • 6.3.5.1. France Market Revenue, By Product, 2016 – 2020
        • 6.3.5.2. France Market Revenue, By End Use, 2016 – 2020
      • 6.3.6. U.K.
        • 6.3.6.1. U.K. Market Revenue, By Product, 2016 – 2020
        • 6.3.6.2. U.K. Market Revenue, By End Use, 2016 – 2020
      • 6.3.7. Italy
        • 6.3.7.1. Italy Market Revenue, By Product, 2016 – 2020
        • 6.3.7.2. Italy Market Revenue, By End Use, 2016 – 2020
      • 6.3.8. Spain
        • 6.3.8.1. Spain Market Revenue, By Product, 2016 – 2020
        • 6.3.8.2. Spain Market Revenue, By End Use, 2016 – 2020
      • 6.3.9. Rest of Europe
        • 6.3.9.1. Rest of Europe Market Revenue, By Product, 2016 – 2020
        • 6.3.9.2. Rest of Europe Market Revenue, By End Use, 2016 – 2020
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2020 (USD Million)
      • 6.4.2. Asia Pacific Market Revenue, By Product, 2016 – 2020
      • 6.4.3. Asia Pacific Market Revenue, By End Use, 2016 – 2020
      • 6.4.4. China
        • 6.4.4.1. China Market Revenue, By Product, 2016 – 2020
        • 6.4.4.2. China Market Revenue, By End Use, 2016 – 2020
      • 6.4.5. Japan
        • 6.4.5.1. Japan Market Revenue, By Product, 2016 – 2020
        • 6.4.5.2. Japan Market Revenue, By End Use, 2016 – 2020
      • 6.4.6. India
        • 6.4.6.1. India Market Revenue, By Product, 2016 – 2020
        • 6.4.6.2. India Market Revenue, By End Use, 2016 – 2020
      • 6.4.7. South Korea
        • 6.4.7.1. South Korea Market Revenue, By Product, 2016 – 2020
        • 6.4.7.2. South Korea Market Revenue, By End Use, 2016 – 2020
      • 6.4.8. South-East Asia
        • 6.4.8.1. South-East Asia Market Revenue, By Product, 2016 – 2020
        • 6.4.8.2. South-East Asia Market Revenue, By End Use, 2016 – 2020
      • 6.4.9. Rest of Asia Pacific
        • 6.4.9.1. Rest of Asia Pacific Market Revenue, By Product, 2016 – 2020
        • 6.4.9.2. Rest of Asia Pacific Market Revenue, By End Use, 2016 – 2020
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2020 (USD Million)
      • 6.5.2. Latin America Market Revenue, By Product, 2016 – 2020
      • 6.5.3. Latin America Market Revenue, By End Use, 2016 – 2020
      • 6.5.4. Brazil
        • 6.5.4.1. Brazil Market Revenue, By Product, 2016 – 2020
        • 6.5.4.2. Brazil Market Revenue, By End Use, 2016 – 2020
      • 6.5.5. Argentina
        • 6.5.5.1. Argentina Market Revenue, By Product, 2016 – 2020
        • 6.5.5.2. Argentina Market Revenue, By End Use, 2016 – 2020
      • 6.5.6. Rest of Latin America
        • 6.5.6.1. Rest of Latin America Market Revenue, By Product, 2016 – 2020
        • 6.5.6.2. Rest of Latin America Market Revenue, By End Use, 2016 – 2020
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2020 (USD Million)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Product, 2016 – 2020
      • 6.6.3. The Middle-East and Africa Market Revenue, By End Use, 2016 – 2020
      • 6.6.4. GCC Countries
        • 6.6.4.1. GCC Countries Market Revenue, By Product, 2016 – 2020
        • 6.6.4.2. GCC Countries Market Revenue, By End Use, 2016 – 2020
      • 6.6.5. South Africa
        • 6.6.5.1. South Africa Market Revenue, By Product, 2016 – 2020
        • 6.6.5.2. South Africa Market Revenue, By End Use, 2016 – 2020
      • 6.6.6. Rest of Middle-East Africa
        • 6.6.6.1. Rest of Middle-East Africa Market Revenue, By Product, 2016 – 2020
        • 6.6.6.2. Rest of Middle-East Africa Market Revenue, By End Use, 2016 – 2020
  • Chapter No. 7 Smart Energy Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Technology Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8 Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Smart Energy Market: Company Market Share, 2019
      • 8.1.2. Global Smart Energy Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 8.1.3. Global Smart Energy Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Smart Energy Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9 Company Profiles
    • 9.1. ABB Ltd.
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. Siemens AG
    • 9.3. Landis+Gyr AG
    • 9.4. S&T Smart Energy GmbH
    • 9.5. Robert Bosch GmbH
    • 9.6. Larsen and Toubro Ltd.
    • 9.7. Itron Inc.
    • 9.8. Honeywell International Inc.
    • 9.9. General Electric Co.
    • 9.10. International Business Machines Corp.
  • Chapter No. 10 Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11 Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Table Of Figures

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Component
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By End Use Industry
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Smart Energy Market Revenue, 2016 – 2020 (USD Million)
FIG NO. 6. Impact of COVID-19 Pandemic in North American Countries
FIG NO. 7. Market Revenue Share, By Component, 2020 & 2028
FIG NO. 8. Global Smart Energy Market for Software, Revenue (USD Million) 2016 – 2020
FIG NO. 9. Comparative Revenue Analysis of Smart Energy Market for Software, By Country, 2020 & 2028
FIG NO. 10. Global Smart Energy Market for Service, Revenue (USD Million) 2016 – 2020
FIG NO. 11. Comparative Revenue Analysis of Smart Energy Market for Service, By Country, 2020 & 2028
FIG NO. 12. Global Smart Energy Market Revenue Share, By Application, 2020 & 2028
FIG NO. 13. Global Smart Energy Market for Marketing, Revenue (USD Million) 2016 – 2020
FIG NO. 14. Comparative Revenue Analysis of Smart Energy Market for Marketing, By Country, 2020 & 2028
FIG NO. 15. Global Smart Energy Market for Operations, Revenue (USD Million) 2016 – 2020
FIG NO. 16. Comparative Revenue Analysis of Smart Energy Market for Operations, By Country, 2020 & 2028
FIG NO. 17. Global Smart Energy Market for Finance, Revenue (USD Million) 2016 – 2020
FIG NO. 18. Comparative Revenue Analysis of Smart Energy Market for Finance, By Country, 2020 & 2028
FIG NO. 19. Global Smart Energy Market for Human Resource, Revenue (USD Million) 2016 – 2020
FIG NO. 20. Comparative Revenue Analysis of Smart Energy Market for Human Resource, By Country, 2020 & 2028
FIG NO. 21. Global Smart Energy Market for Others, Revenue (USD Million) 2016 – 2020
FIG NO. 22. Comparative Revenue Analysis of Smart Energy Market for Others, By Country, 2020 & 2028
FIG NO. 23. Global Smart Energy Market Revenue Share, By End Use Industry, 2020 & 2028
FIG NO. 24. Global Smart Energy Market for Manufacturing, Revenue (USD Million) 2016 – 2020
FIG NO. 25. Comparative Revenue Analysis of Smart Energy Market for Manufacturing, By Country, 2020 & 2028
FIG NO. 26. Global Smart Energy Market for Hospitality, Revenue (USD Million) 2016 – 2020
FIG NO. 27. Comparative Revenue Analysis of Smart Energy Market for Hospitality, By Country, 2020 & 2028
FIG NO. 28. Global Smart Energy Market for BFSI, Revenue (USD Million) 2016 – 2020
FIG NO. 29. Comparative Revenue Analysis of Smart Energy Market for BFSI, By Country, 2020 & 2028
FIG NO. 30. Global Smart Energy Market for Retail, Revenue (USD Million) 2016 – 2020
FIG NO. 31. Comparative Revenue Analysis of Smart Energy Market for Retail, By Country, 2020 & 2028
FIG NO. 32. Global Smart Energy Market for IT & Telecom, Revenue (USD Million) 2016 – 2020
FIG NO. 33. Comparative Revenue Analysis of Smart Energy Market for IT & Telecom, By Country, 2020 & 2028
FIG NO. 34. Global Smart Energy Market for Others, Revenue (USD Million) 2016 – 2020
FIG NO. 35. Comparative Revenue Analysis of Smart Energy Market for Others, By Country, 2020 & 2028
FIG NO. 36. Global Smart Energy Market Revenue Share, By Region, 2020 & 2028
FIG NO. 37. North America Smart Energy Market Revenue, 2016 - 2020 (USD Million)
FIG NO. 38. Porter’s Five Forces Analysis for Global Smart Energy Market
FIG NO. 39. PEST Analysis for Global Smart Energy Market
FIG NO. 40. Pricing Analysis for Global Smart Energy Market
FIG NO. 41. Value Chain Analysis for Global Smart Energy Market
FIG NO. 42. Company Share Analysis, 2019
FIG NO. 43. Radar Determinant Chart, 2019
FIG NO. 44. Company Strategic Developments – Heat Map Analysis
FIG NO. 45. Oracle Corporation Business Segment Revenue Share, 2020 (%)
FIG NO. 46. Oracle Corporation Geographical Segment Revenue Share, 2020 (%)
FIG NO. 47. Market Channels
FIG NO. 48. Marketing Channel Development Trend
FIG NO. 49. Growth in World Gross Product, 2008-2018
FIG NO. 50. Research Methodology – Detailed View
FIG NO. 51. Research Methodology


Table Of Tables

List of Tables 

TABLE NO. 1. Global Smart Energy Market: Snapshot
TABLE NO. 2. Quarterly Smart Energy Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Smart Energy Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Smart Energy Market for Smart Grid, by Region, 2016 – 2020 (USD Million)
TABLE NO. 7. Global Smart Energy Market for Digital Oilfield , by Region, 2016 – 2020 (USD Million)
TABLE NO. 8. Global Smart Energy Market for Smart Solar, by Region, 2016 – 2020 (USD Million)
TABLE NO. 9. Global Smart Energy Market for Home Energy Management System, by Region, 2016 – 2020 (USD Million)
TABLE NO. 10. Global Smart Energy Market for  Residential, by Region, 2016 – 2020 (USD Million)
TABLE NO. 11. Global Smart Energy Market for Industrial, by Region, 2016 – 2020 (USD Million)
TABLE NO. 12. Global Smart Energy Market for Commercial, by Region, 2016 – 2020 (USD Million)
TABLE NO. 13. Global Smart Energy Market Revenue, By Region, 2016 – 2020 (USD Million)
TABLE NO. 14. North America Smart Energy Market Revenue, By Country, 2016 – 2020 (USD Million)
TABLE NO. 15. North America Smart Energy Market Revenue, By Product, 2016 – 2020 (USD Million)
TABLE NO. 16. North America Smart Energy Market Revenue, By End Use, 2016 – 2020 (USD Million)
TABLE NO. 17. U.S. Smart Energy Market Revenue, By Product, 2016 – 2020 (USD Million)
TABLE NO. 18. U.S. Smart Energy Market Revenue, By End Use, 2016 – 2020 (USD Million)
TABLE NO. 19. Canada Smart Energy Market Revenue, By Product, 2016 – 2020 (USD Million)
TABLE NO. 20. Canada Smart Energy Market Revenue, By End Use, 2016 – 2020 (USD Million)
TABLE NO. 21. Mexico Smart Energy Market Revenue, By Product, 2016 – 2020 (USD Million)
TABLE NO. 22. Mexico Smart Energy Market Revenue, By End Use, 2016 – 2020 (USD Million)
TABLE NO. 23. Drivers for the Smart Energy Market: Impact Analysis
TABLE NO. 24. Restraints for the Smart Energy Market: Impact Analysis
TABLE NO. 25. Major Buyers of Smart Energy
TABLE NO. 26. Distributors/Traders List of Smart Energy
TABLE NO. 27. Global Smart Energy Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 28. Global Smart Energy Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)


 

Methodology

FrequentlyAsked Questions

The smart energy market was valued at USD 175.58 Billion in 2023.

The smart energy market is expected to reach USD 420.83 Billion by 2032, growing at a CAGR of 10.2% between 2024 to 2032.

Some of the key factors driving the smart energy market growth are, increase in environmental concerns, growing necessity for renewable energy sources, and growing investments in smart energy systems are a number of the crucial factors that are primarily spurring the expansion of the worldwide market.

The North America region held a substantial share of the market in 2023. The existence of advanced technology, increased investments in smart grid technology, and growing worries about carbon emissions are all factors contributing to the market's growth in this region.

Some of the major companies operating in the smart energy market are ABB Ltd., Siemens AG, Landis+Gyr AG, S&T Smart Energy GmbH, Robert Bosch GmbH, Larsen and Toubro Ltd., Itron Inc., Honeywell International Inc., General Electric Co., and International Business Machines Corp., among others.

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