Smart Grid Network Segmentation
Smart Grid Network Segmentation
The market is segmented by application into transmission, smart distribution board, advanced metering infrastructure, and others, out of which, the advanced metering infrastructure segment is anticipated to hold the notable share in the market over the forecast period on account of the use of advanced metering infrastructure to measure, collect, and analyze energy usage. It acts as the network between the measurement device and user, which can be used to track energy consumption and optimize utilization. This is estimated to boost the segment growth.
Our in-depth analysis of the global market includes the following segments:
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Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
Smart Grid Network Market size is expected to expand at around 10.3% CAGR during the forecast period i.e., between 2025-2037.
Increased adoption of smart grids and meters and need for energy utility optimization to drive the market growth.
Asia Pacific industry is estimated to account for largest revenue share by 2037, on the back of evolving energy infrastructure in developing countries of the region.
The major players in the market are Schneider Electric, The General Electric Company, Siemens AG, Honeywell International Inc., Grid Point, Inc., and others.
