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 â€œGlobal 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 Opportunityâ€ 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:
â€¢ Market Structure
â€¢ Growth Drivers
â€¢ Restraints and Challenges
â€¢ Emerging Product Trends & Market Opportunities
â€¢ Porterâ€™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.
â€¢ Hardware & Equipment
â€¢ 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.
â€¢ Smart Grid
â€¢ Digital Oilfield
â€¢ Smart Solar
â€¢ Smart Home Energy Management System
â€¢ 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.
â€¢ Residential Use
â€¢ Commercial Use
â€¢ Industrial Use
Geographically, the following regions together with the listed national/local markets are fully investigated:
â€¢ 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)
â€¢ 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)
â€¢ North America (U.S., Canada, and Mexico)
â€¢ South America (Brazil, Chile, Argentina, Rest of South America)
â€¢ 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):
Elster Group SE
General Electric Company
Honeywell International Inc.
International Business Machines Corp.
Robert Bosch GmbH
S&T Smart Energy
Schneider Electric SE
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.)