Summary
The global and Chinese economies were hit hard in 2020, and the global GDP grew by XX% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2023 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by XX% in 2023, of which the U.S. economy will grow by about XX%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2023. However, China's economic growth has slowed down. The 2023 government work report shows that the expected target of economic growth is set at about XX%.
According to research, China has set a growth rate of about XX%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2023, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
VIC Research released the 《Global Smart Grid T&D Equipment Market Segment Research Report 2023》, which aims to sort out the development status and trends of the Smart Grid T&D Equipment industry at home and abroad, estimate the overall market scale of the Smart Grid T&D Equipment industry and the market share of major countries, Smart Grid T&D Equipment industry, and study and judge the downstream market demand of Smart Grid T&D Equipment through systematic research, Analyze the competition pattern of Smart Grid T&D Equipment, so as to help solve the pain points of various stakeholders in Smart Grid T&D Equipment industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2019-2028) of Smart Grid T&D Equipment Market by VIC Research Include
USA
Europe
China
Japan
India
Korea
Southeast Asia
Competitive Analysis; Who are the Major Players in Smart Grid T&D Equipment Market?
ABB
GE-Alstom Grid
Eaton
Schneider Electric
Siemens
Emerson
Omron
Prysmian
Aclara
NARI Group
Mitsubishi
S & C Electric
Chint Group
Major Type of Smart Grid T&D Equipment Covered in VIC Research report:
Smart Meters
Sensors
Substation and Feeder Automation
High-Efficiency Distribution Transformers
Other
Application Segments Covered in VIC Research Market
Power Station
Transformer Substation
Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Smart Grid T&D Equipment Market Segment Research Report 2023
1. Research Scope
2. Market Overview
2.1 Product Introduction, Application, Picture
2.2 Global Smart Grid T&D Equipment Market by Value
2.2.1 Global Smart Grid T&D Equipment Revenue by Type
2.2.2 Global Smart Grid T&D Equipment Market by Value (%)
2.3 Global Smart Grid T&D Equipment Market by Production
2.3.1 Global Smart Grid T&D Equipment Production by Type
2.3.2 Global Smart Grid T&D Equipment Market by Production (%)
3. The Major Driver of Smart Grid T&D Equipment Industry
3.1 Historical & Forecast Global Smart Grid T&D Equipment Demand
3.2 Largest Application for Smart Grid T&D Equipment (2019-2028)
3.3 The Major Downstream Company in China Market 2023
4. Global and Regional Smart Grid T&D Equipment Market
4.1 Regional Market Size in Terms of Production & Demand (2023)
4.2 Regional Market Share in Terms of Revenue (2019-2023)
4.3 Concentration Ratio (CR5& CR10) of Smart Grid T&D Equipment Market
4.4 Mergers & Acquisitions, Expansion Plans
5. US Smart Grid T&D Equipment Production, Revenue (2019-2028)
5.1 Current and Estimated Production Breakdown by Type
5.2 Current and Estimated Production Breakdown by Application
5.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
5.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
6. Europe Smart Grid T&D Equipment Production, Revenue (2019-2028)
6.1 Current and Estimated Production Breakdown by Type
6.2 Current and Estimated Production Breakdown by Application
6.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
6.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
7. China Smart Grid T&D Equipment Production, Revenue (2019-2028)
7.1 Current and Estimated Production Breakdown by Type
7.2 Current and Estimated Production Breakdown by Application
7.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
7.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
8. Japan Smart Grid T&D Equipment Production, Revenue (2019-2028)
8.1 Current and Estimated Production Breakdown by Type
8.2 Current and Estimated Production Breakdown by Application
8.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
8.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
9. India Smart Grid T&D Equipment Production, Revenue (2019-2028)
9.1 Current and Estimated Production Breakdown by Type
9.2 Current and Estimated Production Breakdown by Application
9.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
9.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
10. Korea Smart Grid T&D Equipment Production, Revenue (2019-2028)
10.1 Current and Estimated Production Breakdown by Type
10.2 Current and Estimated Production Breakdown by Application
10.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
10.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
11. Southeast Asia Smart Grid T&D Equipment Production, Revenue (2019-2028)
11.1 Current and Estimated Production Breakdown by Type
11.2 Current and Estimated Production Breakdown by Application
11.3 Current and Estimated Revenue Breakdown by Type (2019-2028)
11.4 Current and Estimated Revenue Breakdown by Application (2019-2028)
12. Global Smart Grid T&D Equipment Average Price Trend
12.1 Market Price for Each Type of Smart Grid T&D Equipment in US (2019-2023)
12.2 Market Price for Each Type of Smart Grid T&D Equipment in Europe (2019-2023)
12.3 Market Price for Each Type of Smart Grid T&D Equipment in China (2019-2023)
12.4 Market Price for Each Type of Smart Grid T&D Equipment in Japan (2019-2023)
12.5 Market Price for Each Type of Smart Grid T&D Equipment in India (2019-2023)
12.6 Market Price for Each Type of Smart Grid T&D Equipment in Korea (2019-2023)
12.7 Market Price for Each Type of Smart Grid T&D Equipment in Southeast Asia (2019-2023)
13. Industrial Chain (Impact of COVID-19)
13.1 Smart Grid T&D Equipment Industrial Chain Analysis
13.2 Downstream
13.3 Impact of COVID-19
13.4 Post-pandemic Era
13.5 Technology Trends of Smart Grid T&D Equipment
14. Smart Grid T&D Equipment Competitive Landscape
14.1 ABB
14.1.1 ABB Company Profiles
14.1.2 ABB Product Introduction
14.1.3 ABB Smart Grid T&D Equipment Production, Revenue (2019-2023)
14.1.4 Strategic initiatives
14.2 GE-Alstom Grid
14.2.1 GE-Alstom Grid Company Profiles
14.2.2 GE-Alstom Grid Product Introduction
14.2.3 GE-Alstom Grid Smart Grid T&D Equipment Production, Revenue (2019-2023)
14.2.4 Strategic initiatives
14.3 Eaton
14.3.1 Eaton Company Profiles
14.3.2 Eaton Product Introduction
14.3.3 Eaton Smart Grid T&D Equipment Production, Revenue (2019-2023)
14.3.4 Strategic initiatives
14.4 Schneider Electric
14.4.1 Schneider Electric Company Profiles
14.4.2 Schneider Electric Product Introduction
14.4.3 Schneider Electric Smart Grid T&D Equipment Production, Revenue (2019-2023)
14.4.4 Strategic initiatives
14.5 Siemens
14.5.1 Siemens Company Profiles
14.5.2 Siemens Product Introduction
14.5.3 Siemens Smart Grid T&D Equipment Production, Revenue (2019-2023)
14.5.4 Strategic initiatives
14.6 Emerson
14.6.1 Emerson Company Profiles
14.6.2 Emerson Product Introduction
14.6.3 Emerson Smart Grid T&D Equipment Production, Revenue (2019-2023)
14.6.4 Strategic initiatives
14.7 Omron
14.7.1 Omron Company Profiles
14.7.2 Omron Product Introduction
14.7.3 Omron Smart Grid T&D Equipment Production, Revenue (2019-2023)
14.7.4 Strategic initiatives
14.8 Prysmian
14.8.1 Prysmian Company Profiles
14.8.2 Prysmian Product Introduction
14.8.3 Prysmian Smart Grid T&D Equipment Production, Revenue (2019-2023)
14.8.4 Strategic initiatives
14.9 Aclara
14.9.1 Aclara Company Profiles
14.9.2 Aclara Product Introduction
14.9.3 Aclara Smart Grid T&D Equipment Production, Revenue (2019-2023)
14.9.4 Strategic initiatives
14.10 NARI Group
14.10.1 NARI Group Company Profiles
14.10.2 NARI Group Product Introduction
14.10.3 NARI Group Smart Grid T&D Equipment Production, Revenue (2019-2023)
14.10.4 Strategic initiatives
14.11 Mitsubishi
14.12 S & C Electric
14.13 Chint Group
15. Conclusion
16. Methodology and Data Source
List of Tables and Figures
Figure 1. Total Demand by Application of Smart Grid T&D Equipment Industry (Volume)
Figure 2. Smart Grid T&D Equipment Production & Demand by Regions in 2023
Figure 3. Regional Market Share in Terms of Revenue (2023&2027)
Figure 4. The Top 10 and 5 Players Market Share by Smart Grid T&D Equipment Revenue in 2023
Figure 5. US Smart Grid T&D Equipment Production, Demand (2019-2028)
Figure 6. Production Breakdown by Type (%)
Figure 7. Demand Breakdown by Type (%)
Figure 8. Demand Breakdown by Application (%)
Figure 9. Revenue Breakdown by Type (%)
Figure 10. Revenue Breakdown by Application (%)
Figure 11. Europe Smart Grid T&D Equipment Production, Demand (2019-2028)
Figure 12. Production Breakdown by Type (%)
Figure 13. Demand Breakdown by Type (%)
Figure 14. Demand Breakdown by Application (%)
Figure 15. Revenue Breakdown by Type (%)
Figure 16. Revenue Breakdown by Application (%)
Figure 17. China Smart Grid T&D Equipment Production, Demand (2019-2028)
Figure 18. Production Breakdown by Type (%)
Figure 19. Demand Breakdown by Type (%)
Figure 20. Demand Breakdown by Application (%)
Figure 21. Current and Estimated Revenue Breakdown by Type
Figure 22. Revenue Breakdown by Type (%)
Figure 23. Revenue Breakdown by Application (%)
Figure 24. Japan Smart Grid T&D Equipment Production, Demand (2019-2028)
Figure 25. Production Breakdown by Type (%)
Figure 26. Demand Breakdown by Type (%)
Figure 27. Demand Breakdown by Application (%)
Figure 28. Revenue Breakdown by Type (%)
Figure 29. Revenue Breakdown by Application (%)
Figure 30. India Smart Grid T&D Equipment Production, Demand (2019-2028)
Figure 31. Production Breakdown by Type (%)
Figure 32. Demand Breakdown by Type (%)
Figure 33. Demand Breakdown by Application (%)
Figure 34. Revenue Breakdown by Type (%)
Figure 35. Revenue Breakdown by Application (%)
Figure 36. Korea Smart Grid T&D Equipment Production, Demand (2019-2028)
Figure 37. Production Breakdown by Type (%)
Figure 38. Demand Breakdown by Type (%)
Figure 39. Demand Breakdown by Application (%)
Figure 40. Revenue Breakdown by Type (%)
Figure 41. Revenue Breakdown by Application (%)
Figure 42. Southeast Asia Smart Grid T&D Equipment Production, Demand (2019-2028)
Figure 43. Current and Estimated Production Breakdown by Type (2019-2028)
Figure 44. Production Breakdown by Type (%)
Figure 45. Demand Breakdown by Type (%)
Figure 46. Revenue Breakdown by Type (%)
Figure 47. Revenue Breakdown by Application (%)
Figure 48. Industrial Chain
Table 1. Top Manufacturers and Market Segmentation
Table 2. Product Introduction, Application, Picture
Table 3. Smart Grid T&D Equipment Revenue, by Type (Million USD) (2019-2028)
Table 4. Smart Grid T&D Equipment Production, by Type (K Unit) (2019-2028)
Table 5. Smart Grid T&D Equipment Demand (K Unit) by Application (2019-2028)
Table 6. Smart Grid T&D Equipment Demand (Million USD) by Application (2019-2028)
Table 7. The Major Downstream Company in China
Table 8. Regional Market Share in Terms of Production & Demand (2023)
Table 9. Regional Market Share in Terms of Revenue (2023&2027)
Table 10. Ranking of Global Top Smart Grid T&D Equipment Companies by Revenue, Concentration Ratio in 2023
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. US Smart Grid T&D Equipment Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 13. Current and Estimated Production Breakdown by Type (2019-2028)
Table 14. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 15. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 16. Current and Estimated Revenue Breakdown by Type
Table 17. Current and Estimated Revenue Breakdown by Application
Table 18. Europe Smart Grid T&D Equipment Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 19. Current and Estimated Production Breakdown by Type (2019-2028)
Table 20. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 21. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 22. Current and Estimated Revenue Breakdown by Type
Table 23. Current and Estimated Revenue Breakdown by Application
Table 24. China Smart Grid T&D Equipment Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 25. Table Current and Estimated Production Breakdown by Type
Table 26. Current and Estimated Demand Breakdown by Type
Table 27. Current and Estimated Demand Breakdown by Application
Table 28. Current and Estimated Revenue Breakdown by Application
Table 29. Japan Smart Grid T&D Equipment Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 30. Current and Estimated Production Breakdown by Type (2019-2028)
Table 31. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 32. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 33. Current and Estimated Revenue Breakdown by Type
Table 34. Current and Estimated Revenue Breakdown by Application
Table 35. India Smart Grid T&D Equipment Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 36. Current and Estimated Production Breakdown by Type (2019-2028)
Table 37. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 38. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 39. Current and Estimated Revenue Breakdown by Type
Table 40. Current and Estimated Revenue Breakdown by Application
Table 41. Korea Smart Grid T&D Equipment Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 42. Current and Estimated Production Breakdown by Type (2019-2028)
Table 43. Current and Estimated Demand Breakdown by Type (2019-2028)
Table 44. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 45. Current and Estimated Revenue Breakdown by Type
Table 46. Current and Estimated Revenue Breakdown by Application
Table 47. Southeast Asia Smart Grid T&D Equipment Production (K Unit), Market Revenue (Million USD), Demand (K Unit) (2019-2028)
Table 48. Table Current and Estimated Demand Breakdown by Type (2019-2028)
Table 49. Current and Estimated Demand Breakdown by Application (2019-2028)
Table 50. Current and Estimated Revenue Breakdown by Type
Table 51. Current and Estimated Revenue Breakdown by Application
Table 52. Market Price (USD/Unit) for Each Type of Smart Grid T&D Equipment in US (2019-2023)
Table 53. Market Price (USD/Unit) for Each Type of Smart Grid T&D Equipment in Europe (2019-2023)
Table 54. Market Price (USD/Unit) for Each Type of Smart Grid T&D Equipment in China (2019-2023)
Table 55. Market Price (USD/Unit) for Each Type of Smart Grid T&D Equipment in Japan (2019-2023)
Table 56. Market Price (USD/Unit) for Each Type of Smart Grid T&D Equipment in India (2019-2023)
Table 57. Market Price (USD/Unit) for Each Type of Smart Grid T&D Equipment in Korea (2019-2023)
Table 58. Market Price (USD/Unit) for Each Type of Smart Grid T&D Equipment in Southeast Asia (2019-2023)
Table 59. Key Downstream Customer in Each Application Field
Table 60. ABB Profiles
Table 61. ABB Smart Grid T&D Equipment Product Introduction
Table 62. ABB Smart Grid T&D Equipment Production (Unit), Revenue (Million USD) (2019-2023)
Table 63. ABB Strategic initiatives
Table 64. GE-Alstom Grid Profiles
Table 65. GE-Alstom Grid Smart Grid T&D Equipment Product Introduction
Table 66. GE-Alstom Grid Smart Grid T&D Equipment Production (Unit), Revenue (Million USD) (2019-2023)
Table 67. GE-Alstom Grid Strategic initiatives
Table 68. Eaton Profiles
Table 69. Eaton Smart Grid T&D Equipment Product Introduction
Table 70. Eaton Smart Grid T&D Equipment Production (Unit), Revenue (Million USD) (2019-2023)
Table 71. Eaton Strategic initiatives
Table 72. Schneider Electric Profiles
Table 73. Schneider Electric Smart Grid T&D Equipment Product Introduction
Table 74. Schneider Electric Smart Grid T&D Equipment Production (Unit), Revenue (Million USD) (2019-2023)
Table 75. Schneider Electric Strategic initiatives
Table 76. Siemens Profiles
Table 77. Siemens Smart Grid T&D Equipment Product Introduction
Table 78. Siemens Smart Grid T&D Equipment Production (Unit), Revenue (Million USD) (2019-2023)
Table 79. Siemens Strategic initiatives
Table 80. Emerson Profiles
Table 81. Emerson Smart Grid T&D Equipment Product Introduction
Table 82. Emerson Smart Grid T&D Equipment Production (Unit), Revenue (Million USD) (2019-2023)
Table 83. Emerson Strategic initiatives
Table 84. Omron Profiles
Table 85. Omron Smart Grid T&D Equipment Product Introduction
Table 86. Omron Smart Grid T&D Equipment Production (Unit), Revenue (Million USD) (2019-2023)
Table 87. Omron Strategic initiatives
Table 88. Prysmian Profiles
Table 89. Prysmian Smart Grid T&D Equipment Product Introduction
Table 90. Prysmian Smart Grid T&D Equipment Production (Unit), Revenue (Million USD) (2019-2023)
Table 91. Prysmian Strategic initiatives
Table 92. Aclara Profiles
Table 93. Aclara Smart Grid T&D Equipment Product Introduction
Table 94. Aclara Smart Grid T&D Equipment Production (Unit), Revenue (Million USD) (2019-2023)
Table 95. Aclara Strategic initiatives
Table 97. NARI Group Profiles
Table 98. NARI Group Smart Grid T&D Equipment Product Introduction
Table 99. NARI Group Smart Grid T&D Equipment Production (Unit), Revenue (Million USD) (2019-2023)
Table 100. NARI Group Strategic initiatives
Table 101. Mitsubishi Profiles
Table 102. Mitsubishi Smart Grid T&D Equipment Product Introduction
Table 103. Mitsubishi Smart Grid T&D Equipment Production (Unit), Revenue (Million USD) (2019-2023)
Table 104. Mitsubishi Strategic initiatives
Table 105. S & C Electric Profiles
Table 106. S & C Electric Smart Grid T&D Equipment Product Introduction
Table 107. S & C Electric Smart Grid T&D Equipment Production (Unit), Revenue (Million USD) (2019-2023)
Table 108. S & C Electric Strategic initiatives
Table 109. Chint Group Profiles
Table 110. Chint Group Smart Grid T&D Equipment Product Introduction
Table 111. Chint Group Smart Grid T&D Equipment Production (Unit), Revenue (Million USD) (2019-2023)
Table 112. Chint Group Strategic initiatives
The research methodology employed by VICResearch has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of VICResearch. VICResearch’s methodology can be divided into five stages:
Stage 1: Secondary research
The research team first works with magazines, industry trade group, and administration that operate in the research field. The information provided by our in-house documentation service helps us carrying out further research. Our team which has the experience as well as the knowledge efficiently extracts the accurate information from existing source.
Stage 2: Primary research: interviews with trade sources
After the first stage, the research team conducts large number of face-to-face or telephone interviews with the representative companies operating in the research field. The analysts attempt to obtain a chance to talk with leading players in the field as well as with small companies. The upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers are all included in the interviews. The data gathered during the interview is then carefully checked and compared with the secondary research.
Stage 3: Analysis of the gathered data
The analysis team checks and synthesizes the data gathered during the first two stages. To validate the data, a second series of interviews can be conducted.
Stage 4: Quantitative data
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by VICResearch. The data is based on the estimates obtained during stage 3.
The research team also provides appreciation and analysis of the market and the quantitative data contained in the reports. The data is consequently unique to VICResearch.
Stage 5: Quality control
Before publishing, every report goes under a rigorous checking and editing process, which is done by experience management team to ensure the reliability of the published data. Each analyst in the research team receives support and on-going training which is part of the VICResearch’s internal quality process.