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Global 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 Region: Trend Outlook and Growth Opportunity

Published: 30 May 2021 | Report Code: 10248007 | Pages: 139

Global Smart Energy Market will reach $595 billion by 2027, growing by 16.4% annually over 2020-2027 driven by the rising adoption of smart grid technologies, increasing regulations on using energy-efficient equipment, and the growing demand for clean energy. Highlighted with 79 tables and 67 figures, this 139-page report “Global 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 Region: Trend Outlook and Growth Opportunity” is based on a comprehensive research of the entire global 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 global 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 global smart energy market in every aspect of the classification from perspectives of Component, Product Type, End Use, and Region.

 

Based on Component, the global 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 global 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 global 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 regions together with the listed national/local markets are fully investigated:

• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)

• North America (U.S., Canada, and Mexico) • South America (Brazil, Chile, Argentina, Rest of South America)

• MEA (UAE, Saudi Arabia, South Africa)

For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2017-2027. The breakdown of all regional markets by country and split 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.)

Table Of Contents:
1 Introduction    8
1.1 Industry Definition and Research Scope    8
1.1.1 Industry Definition    8
1.1.2 Research Scope    9
1.2 Research Methodology    12
1.2.1 Overview of Market Research Methodology    12
1.2.2 Market Assumption    13
1.2.3 Secondary Data    13
1.2.4 Primary Data    13
1.2.5 Data Filtration and Model Design    14
1.2.6 Market Size/Share Estimation    15
1.2.7 Research Limitations    16
1.3 Executive Summary    17
2 Market Overview and Dynamics    19
2.1 Market Size and Forecast    19
2.1.1 Impact of COVID-19 on World Economy    20
2.1.2 Impact of COVID-19 on the Market    22
2.2 Major Growth Drivers    24
2.3 Market Restraints and Challenges    27
2.4 Emerging Opportunities and Market Trends    30
2.5 Porter’s Fiver Forces Analysis    34
3 Segmentation of Global Market by Component    38
3.1 Market Overview by Component    38
3.2 Hardware & Equipment    40
3.3 Solution & Service    41
4 Segmentation of Global Market by Product Type    42
4.1 Market Overview by Product Type    42
4.2 Smart Grid    44
4.3 Digital Oilfield    45
4.4 Smart Solar    46
4.5 Smart Home Energy Management System    47
4.6 Other Products    48
5 Segmentation of Global Market by End Use    49
5.1 Market Overview by End Use    49
5.2 Residential Use    51
5.3 Commercial Use    52
5.4 Industrial Use    53
6 Segmentation of Global Market by Region    54
6.1 Geographic Market Overview 2020-2027    54
6.2 North America Market 2020-2027 by Country    58
6.2.1 Overview of North America Market    58
6.2.2 U.S.    61
6.2.3 Canada    64
6.2.4 Mexico    66
6.3 European Market 2020-2027 by Country    68
6.3.1 Overview of European Market    68
6.3.2 UK    71
6.3.3 France    73
6.3.4 Germany    75
6.3.5 Spain    77
6.3.6 Italy    79
6.3.7 Russia    81
6.3.8 Rest of European Market    83
6.4 Asia-Pacific Market 2020-2027 by Country    85
6.4.1 Overview of Asia-Pacific Market    85
6.4.2 China    88
6.4.3 Japan    90
6.4.4 India    93
6.4.5 Australia    95
6.4.6 South Korea    97
6.4.7 Rest of APAC Region    99
6.5 South America Market 2020-2027 by Country    101
6.5.1 Argentina    104
6.5.2 Brazil    106
6.5.3 Chile    108
6.5.4 Rest of South America Market    110
6.6 MEA Market 2020-2027 by Country    111
6.6.1 UAE    114
6.6.2 Saudi Arabia    116
6.6.3 South Africa    118
6.6.4 Other National Markets    120
7 Competitive Landscape    121
7.1 Overview of Key Vendors    121
7.2 New Product Launch, Partnership, Investment, and M&A    124
7.3 Company Profiles    125
ABB Ltd.    125
Elster Group SE    127
General Electric Company    128
Honeywell International Inc.    129
International Business Machines Corp.    130
Itron, Inc.    131
Landis+Gyr AG    132
Robert Bosch GmbH    133
S&T Smart Energy    134
Schneider Electric SE    135
Sensus    136
Siemens AG    137
Solar Grid Storage LLC    138
Related Reports and Products    139


List Of Tables:
Table 1. Snapshot of Global Smart Energy Market in Balanced Perspective, 2020-2027    18
Table 2. Growth Rate of World GDP, 2020-2022    21
Table 3. Main Product Trends and Market Opportunities in Global Smart Energy Market    30
Table 4. Global Smart Energy Market by Component, 2017-2027, $ bn    38
Table 5. Global Smart Energy Market by Product Type, 2017-2027, $ bn    42
Table 6. Global Smart Energy Market by End Use, 2017-2027, $ bn    49
Table 7. Global Smart Energy Market by Region, 2017-2027, $ bn    55
Table 8. Leading National Smart Energy Market, 2020 and 2027, $ bn    57
Table 9. North America Smart Energy Market by Country, 2017-2027, $ bn    60
Table 10. U.S. Smart Energy Market by Component, 2017-2027, $ bn    63
Table 11. U.S. Smart Energy Market by Product Type, 2017-2027, $ bn    63
Table 12. U.S. Smart Energy Market by End Use, 2017-2027, $ bn    63
Table 13. Canada Smart Energy Market by Component, 2017-2027, $ bn    65
Table 14. Canada Smart Energy Market by Product Type, 2017-2027, $ bn    65
Table 15. Canada Smart Energy Market by End Use, 2017-2027, $ bn    65
Table 16. Mexico Smart Energy Market by Component, 2017-2027, $ bn    67
Table 17. Mexico Smart Energy Market by Product Type, 2017-2027, $ bn    67
Table 18. Mexico Smart Energy Market by End Use, 2017-2027, $ bn    67
Table 19. Europe Smart Energy Market by Country, 2017-2027, $ bn    70
Table 20. UK Smart Energy Market by Component, 2017-2027, $ bn    72
Table 21. UK Smart Energy Market by Product Type, 2017-2027, $ bn    72
Table 22. UK Smart Energy Market by End Use, 2017-2027, $ bn    72
Table 23. France Smart Energy Market by Component, 2017-2027, $ bn    74
Table 24. France Smart Energy Market by Product Type, 2017-2027, $ bn    74
Table 25. France Smart Energy Market by End Use, 2017-2027, $ bn    74
Table 26. Germany Smart Energy Market by Component, 2017-2027, $ bn    76
Table 27. Germany Smart Energy Market by Product Type, 2017-2027, $ bn    76
Table 28. Germany Smart Energy Market by End Use, 2017-2027, $ bn    76
Table 29. Spain Smart Energy Market by Component, 2017-2027, $ bn    78
Table 30. Spain Smart Energy Market by Product Type, 2017-2027, $ bn    78
Table 31. Spain Smart Energy Market by End Use, 2017-2027, $ bn    78
Table 32. Italy Smart Energy Market by Component, 2017-2027, $ bn    80
Table 33. Italy Smart Energy Market by Product Type, 2017-2027, $ bn    80
Table 34. Italy Smart Energy Market by End Use, 2017-2027, $ bn    80
Table 35. Russia Smart Energy Market by Component, 2017-2027, $ bn    82
Table 36. Russia Smart Energy Market by Product Type, 2017-2027, $ bn    82
Table 37. Russia Smart Energy Market by End Use, 2017-2027, $ bn    82
Table 38. Smart Energy Market in Rest of Europe by Country, 2017-2027, $ bn    84
Table 39. APAC Smart Energy Market by Country, 2017-2027, $ bn    87
Table 40. China Smart Energy Market by Component, 2017-2027, $ bn    89
Table 41. China Smart Energy Market by Product Type, 2017-2027, $ bn    89
Table 42. China Smart Energy Market by End Use, 2017-2027, $ bn    89
Table 43. Japan Smart Energy Market by Component, 2017-2027, $ bn    92
Table 44. Japan Smart Energy Market by Product Type, 2017-2027, $ bn    92
Table 45. Japan Smart Energy Market by End Use, 2017-2027, $ bn    92
Table 46. India Smart Energy Market by Component, 2017-2027, $ bn    94
Table 47. India Smart Energy Market by Product Type, 2017-2027, $ bn    94
Table 48. India Smart Energy Market by End Use, 2017-2027, $ bn    94
Table 49. Australia Smart Energy Market by Component, 2017-2027, $ bn    96
Table 50. Australia Smart Energy Market by Product Type, 2017-2027, $ bn    96
Table 51. Australia Smart Energy Market by End Use, 2017-2027, $ bn    96
Table 52. South Korea Smart Energy Market by Component, 2017-2027, $ bn    98
Table 53. South Korea Smart Energy Market by Product Type, 2017-2027, $ bn    98
Table 54. South Korea Smart Energy Market by End Use, 2017-2027, $ bn    98
Table 55. Smart Energy Market in Rest of APAC by Country/Region, 2017-2027, $ bn    100
Table 56. South America Smart Energy Market by Country, 2017-2027, $ bn    103
Table 57. Argentina Smart Energy Market by Component, 2017-2027, $ bn    105
Table 58. Argentina Smart Energy Market by Product Type, 2017-2027, $ bn    105
Table 59. Argentina Smart Energy Market by End Use, 2017-2027, $ bn    105
Table 60. Brazil Smart Energy Market by Component, 2017-2027, $ bn    107
Table 61. Brazil Smart Energy Market by Product Type, 2017-2027, $ bn    107
Table 62. Brazil Smart Energy Market by End Use, 2017-2027, $ bn    107
Table 63. Chile Smart Energy Market by Component, 2017-2027, $ bn    109
Table 64. Chile Smart Energy Market by Product Type, 2017-2027, $ bn    109
Table 65. Chile Smart Energy Market by End Use, 2017-2027, $ bn    109
Table 66. MEA Smart Energy Market by Country, 2017-2027, $ bn    113
Table 67. UAE Smart Energy Market by Component, 2017-2027, $ bn    115
Table 68. UAE Smart Energy Market by Product Type, 2017-2027, $ bn    115
Table 69. UAE Smart Energy Market by End Use, 2017-2027, $ bn    115
Table 70. Saudi Arabia Smart Energy Market by Component, 2017-2027, $ bn    117
Table 71. Saudi Arabia Smart Energy Market by Product Type, 2017-2027, $ bn    117
Table 72. Saudi Arabia Smart Energy Market by End Use, 2017-2027, $ bn    117
Table 73. South Africa Smart Energy Market by Component, 2017-2027, $ bn    119
Table 74. South Africa Smart Energy Market by Product Type, 2017-2027, $ bn    119
Table 75. South Africa Smart Energy Market by End Use, 2017-2027, $ bn    119
Table 76. ABB Ltd.: Company Snapshot    125
Table 77. ABB Ltd.: Business Segmentation    125
Table 78. ABB Ltd.: Product Portfolio    126
Table 79. ABB Ltd.: Revenue, 2017-2019, $ bn    126

List Of Figures:
Figure 1. Research Method Flow Chart    12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation    15
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2020-2027    17
Figure 4. Global Smart Energy Market, 2017-2027, $ bn    19
Figure 5. Impact of COVID-19 on Business    22
Figure 6. Primary Drivers and Impact Factors of Global Smart Energy Market    24
Figure 7. Primary Restraints and Impact Factors of Global Smart Energy Market    27
Figure 8. Investment Opportunity Analysis    31
Figure 9. Porter’s Fiver Forces Analysis of Global Smart Energy Market    34
Figure 10. Breakdown of Global Smart Energy Market by Component, 2020-2027, % of Revenue    38
Figure 11. Contribution to Global 2021-2027 Cumulative Revenue by Component, Value ($ bn) and Share (%)    39
Figure 12. Global Smart Energy Market: Hardware & Equipment, 2017-2027, $ bn    40
Figure 13. Global Smart Energy Market: Solution & Service, 2017-2027, $ bn    41
Figure 14. Breakdown of Global Smart Energy Market by Product Type, 2020-2027, % of Revenue    42
Figure 15. Contribution to Global 2021-2027 Cumulative Revenue by Product Type, Value ($ bn) and Share (%)    43
Figure 16. Global Smart Energy Market: Smart Grid, 2017-2027, $ bn    44
Figure 17. Global Smart Energy Market: Digital Oilfield, 2017-2027, $ bn    45
Figure 18. Global Smart Energy Market: Smart Solar, 2017-2027, $ bn    46
Figure 19. Global Smart Energy Market: Smart Home Energy Management System, 2017-2027, $ bn    47
Figure 20. Global Smart Energy Market: Other Products, 2017-2027, $ bn    48
Figure 21. Breakdown of Global Smart Energy Market by End Use, 2020-2027, % of Revenue    49
Figure 22. Contribution to Global 2021-2027 Cumulative Revenue by End Use, Value ($ bn) and Share (%)    50
Figure 23. Global Smart Energy Market: Residential Use, 2017-2027, $ bn    51
Figure 24. Global Smart Energy Market: Commercial Use, 2017-2027, $ bn    52
Figure 25. Global Smart Energy Market: Industrial Use, 2017-2027, $ bn    53
Figure 26.  Global Market Snapshot by Region    54
Figure 27.  Geographic Spread of Worldwide Smart Energy Market, 2020-2027, % of Revenue    55
Figure 28. Contribution to Global 2021-2027 Cumulative Revenue by Region, Value ($ bn) and Share (%)    56
Figure 29.  North American Smart Energy Market, 2017-2027, $ bn    59
Figure 30. Breakdown of North America Smart Energy Market by Country, 2020 and 2027, % of Revenue    59
Figure 31. Contribution to North America 2021-2027 Cumulative Revenue by Country, Value ($ bn) and Share (%)    60
Figure 32. U.S. Smart Energy Market, 2017-2027, $ bn    62
Figure 33. Canada Smart Energy Market, 2017-2027, $ bn    64
Figure 34.  Smart Energy Market in Mexico, 2017-2027, $ bn    66
Figure 35.  European Smart Energy Market, 2017-2027, $ bn    69
Figure 36. Breakdown of European Smart Energy Market by Country, 2020 and 2027, % of Revenue    69
Figure 37. Contribution to Europe 2021-2027 Cumulative Revenue by Country, Value ($ bn) and Share (%)    70
Figure 38.  Smart Energy Market in UK, 2017-2027, $ bn    71
Figure 39.  Smart Energy Market in France, 2017-2027, $ bn    73
Figure 40.  Smart Energy Market in Germany, 2017-2027, $ bn    75
Figure 41.  Smart Energy Market in Spain, 2017-2027, $ bn    77
Figure 42.  Smart Energy Market in Italy, 2017-2027, $ bn    79
Figure 43.  Smart Energy Market in Russia, 2017-2027, $ bn    81
Figure 44.  Smart Energy Market in Rest of Europe, 2017-2027, $ bn    83
Figure 45. Asia-Pacific Smart Energy Market, 2017-2027, $ bn    86
Figure 46. Breakdown of APAC Smart Energy Market by Country, 2020 and 2027, % of Revenue    86
Figure 47. Contribution to APAC 2021-2027 Cumulative Revenue by Country, Value ($ bn) and Share (%)    87
Figure 48.  Smart Energy Market in China, 2017-2027, $ bn    88
Figure 49.  Smart Energy Market in Japan, 2017-2027, $ bn    91
Figure 50.  Smart Energy Market in India, 2017-2027, $ bn    93
Figure 51.  Smart Energy Market in Australia, 2017-2027, $ bn    95
Figure 52.  Smart Energy Market in South Korea, 2017-2027, $ bn    97
Figure 53.  Smart Energy Market in Rest of APAC, 2017-2027, $ bn    99
Figure 54. South America Smart Energy Market, 2017-2027, $ bn    102
Figure 55. Breakdown of South America Smart Energy Market by Country, 2020 and 2027, % of Revenue    102
Figure 56. Contribution to South America 2021-2027 Cumulative Revenue by Country, Value ($ bn) and Share (%)    103
Figure 57.  Smart Energy Market in Argentina, 2017-2027, $ bn    104
Figure 58.  Smart Energy Market in Brazil, 2017-2027, $ bn    106
Figure 59.  Smart Energy Market in Chile, 2017-2027, $ bn    108
Figure 60.  Smart Energy Market in Rest of South America, 2017-2027, $ bn    110
Figure 61. Smart Energy Market in Middle East and Africa (MEA), 2017-2027, $ bn    112
Figure 62. Breakdown of MEA Smart Energy Market by Country, 2020 and 2027, % of Revenue    112
Figure 63. Contribution to MEA 2021-2027 Cumulative Revenue by Country, Value ($ bn) and Share (%)    113
Figure 64.  Smart Energy Market in UAE, 2017-2027, $ bn    114
Figure 65.  Smart Energy Market in Saudi Arabia, 2017-2027, $ bn    116
Figure 66.  Smart Energy Market in South Africa, 2017-2027, $ bn    118
Figure 67. Growth Stage of Global Smart Energy Industry over the Forecast Period    121
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.)