Global Power Grid Market expected to hit USD 398.42 Bn by 2029 from USD 279.4 Bn in 2022 at a CAGR of 5.2% during the forecast periodPower Grid Market Overview
The power grid is a system of interconnected power generation, transmission, and distribution networks to supply electricity to industrial and residential areas. The power grid system includes various and latest technologies such as sustainable energy sources, traditional power plants, and smart grid infrastructure.The increasing demand for electricity, which is generated through alternative energy sources is expected to drive the Power Grid Market. Due to these new regulations and adoptions of energy development the Power Grid Industry is expected to create a lucrative opportunity for investment, innovation,and clean energy development.The bottom-up approach was used to estimate the size of the market by value and volume. This approach is expected to assist the new entrants in the power generation market.To know about the Research Methodology :- Request Free Sample Report
Power Grid Market Dynamics
Growing Energy Requirements and Adoption of Alternative Energy Expected to Boost Power Grid Market The increasing population and growing developments in the industrial infrastructure across the world propelling the demand for energy. The rising demand for reliable and cost-effective electricity for the population and industrial and commercial areas is expected to drive the Power Grid Market. The rising urbanization and industrialization in major developing economies across the world indicate the need for expansion and innovative power grid infrastructure.The world is shifting toward alternative energy sources and processes. Various industry verticals are already started using sustainable energy sources such as wind and solar energy and power grid systems are also adopting these sources to produce clean and green energy to fulfill requirements. These factors are expected to drive the Power Grid Market throughout the forecast period.The adoption of renewable sources improves the productivity of power grids’and energy storage systems along with the advanced technologies to produce and supply efficient electricity. Government Policies and Grid Modernization Initiatives to Propel the Growth of Power Grid Market Governments across the world are initiating regulations regarding the development, modernization and expansion of power grid systems. Countries are driving this initiative through growing emphasis on reducing greenhouse gas emissions, encouraging major Power Grid Key Players to integrate sustainable energy sources in their power generation process. The government policies include tax refunds and subsidies to the Power Grid Key Companies to stimulate them to invest in Power Grid Market. These factors are expected to increase key players’Power Grid Market Share.The market growth is also driven by the increasing number of private companies with their latest technologies and they are investing and collaborating heavily with the governments to develop the power grid infrastructure along with supportive policies. Low Penetration of Electricity and Growing Electric Vehicles Expected to Increase Power Grid Infrastructure Major developing regions across the world are facing alack of electricity supply, these low-penetration areas are expected to create a lucrative opportunity for the development of power grid infrastructure. This is expected to drive the Power Grid Market in those regions.Also, the trend of adopting electric vehicles has become the norm in the past five years. The increasing penetration of electric vehicles is driving the demand for continuous electricity supply. As a result, the power grid market experiences growth through electrification initiatives in these regions.Also, smart grid solutions,advanced metering infrastructure, and grid analytics enable better monitoring, control and optimization of power systems.These factors are expected to modernize the power grid infrastructure and are expected to boost the Power Grid Market. High Cost of Installation and Grid Infrastructure and Integration Challenge Impeding the Growth of the Power Grid Market The development of power grid infrastructure requires a large investment, which has no instant returns. It is a complex and time-consuming process due to this the investment in this field is not that much. Also, the uncertain regulations in different regions and fewer investments are expected to limit the growth of the Power Grid Market. The present number of power grid systems across the world produce energy and electricity from traditional sources. These sources are the largest producers of greenhouse gas emissions but the deployment of sustainable energy sources for power generation has some technical challenges and is expected to reduce the growth rate of the Power Grid Market.The construction of new transmission lines or power plants can face opposition due to potential ecological impacts, such as land disruption, habitat loss or visual pollution.These factors are expected to delay the power grid infrastructure projects and impede the growth of the Power Grid Industry.Power Grid Market Segment Analysis
Based on Component The cable segment is expected to hold the largest revenue share of the market throughout the forecast period. Cables ensure the smoothness and efficiency of power flow from the grid station to Power Supply areas. Right now cables are the only medium to transfer produced electricity from one station to another. Also, the cables eliminate power outages, prevent voltage fluctuations, and balance the load on different parts of the power grid. These factors are expected to drive the cables segment to hold the largest share of the Power Grid Market. The cables are an efficient way of transmitting high-voltage electricity over long distances and connecting the power grid generators with end-user consumers. The widely used conductor in cables is aluminum conductor steel reinforced (ACSR).Based on Power Supply The distribution segment is expected to grow significantly during the forecast period (2023-2029) in Power Grid Market. Power distribution to the needed consumers in several end-use industries and the residential sector is the major purpose of developing Power Grid Infrastructure. These power grid generators distribute energy developed at the station to homes, industries, and enterprises. These factors are expected to drive the distribution segment to grow in the Power Grid Industry. The major Power Grid Key Companies mainly focus on the distribution channel of electricity and its energy transmission medium, which is propelling the growth of the respective segment.
Power Grid Market Regional Insights
Asia Pacific held the largest share of the market in 2022 and is expected to dominate the Power Grid Market during the forecast period(2023-2029).The developing economies in the region such as India, China, Japan and others are experiencing exponential growth in industrialization, technological advancements and the adoption of alternative energy sources that are useful in electricity generation. These rapid developments are driving the demand for energy and are expected to drive the Asia Pacific Market. China is known as the biggest automobile industry in the world and major companies have their electric vehicles plants in the country. These factors are expected to drive the region’s market growth exponentially. Europe is expected to hold the largest share of the market throughout the forecast period (2023-2029). Europe majorly depends on Russia for its energy requirements and recently the region has faced a shortage due to a geological dispute between Russia and Ukraine. This is highlighting the region’s need to become self-sufficient in power generation. The European Union and the United Kingdom changed the regulations to attract Power Grid Key Companies for the quick development of power grid infrastructure and the adoption of sustainable energy sources to produce electricity. Also, the world Paris Agreement is also propelling the growth of alternative sources for power grid infrastructure.These factors are expected to drive the Europe Power Grid Market.Power Grid Market Scope: Inquire before buying
Global Power Grid Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 279.4 Bn Forecast Period 2023 to 2029 CAGR: 5.2 % Market Size in 2029: US $ 398.42 Bn Segments Covered: by Component Cables Variable Speed Drivers Transformers Switchgear Others by Power Supply Captive Generation Wind Power Tidal Power Solar Power Others by Application Generation Transmission Distribution Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players
1. Oracle 2. Siemens 3. General Electric 4. Wipro 5. Belden 6. FMC Technologies Inc. 7. Fujitsu General 8. Schneider Electric 9. Hubbell 10. Itron 11. IBM 12. ABB 13. Cameron International Corp 14. Honeywell Elster 15. ABB Ltd 16. Aker Solutions ASA 17. Landis+Gyr 18. Cisco 19. Adani Transmission Ltd. 20. Tata Power Company Ltd. Frequently Asked Questions: 1] What is the growth rate of the Market? Ans. The Power Grid Market is growing at a CAGR of 5.2% during the forecast period. 2] Which region is expected to dominate the Market? Ans. North America is expected to dominate the Power Grid Market during the forecast period from 2023 to 2029. 3] What is the expected Market Power Supply by 2029? Ans. The Power Supply of the Power Grid Market by 2029 is expected to reach USD 398.42 Bn. 4] Who are the top players in the Power Grid Market? Ans. The major key players in the Power Grid Market are Oracle, Siemens, General Electric and Wipro. 5] Which factors contributed to the growth of the Market in 2022? Ans. The Power Grid Market is expected to grow due to the rising demand for electricity across the world.
1. Power Grid Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Power Grid Market: Dynamics 2.1. Power Grid Market Trends by Region 2.1.1. North America Power Grid Market Trends 2.1.2. Europe Power Grid Market Trends 2.1.3. Asia Pacific Power Grid Market Trends 2.1.4. Middle East and Africa Power Grid Market Trends 2.1.5. South America Power Grid Market Trends 2.2. Power Grid Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Power Grid Market Drivers 2.2.1.2. North America Power Grid Market Restraints 2.2.1.3. North America Power Grid Market Opportunities 2.2.1.4. North America Power Grid Market Challenges 2.2.2. Europe 2.2.2.1. Europe Power Grid Market Drivers 2.2.2.2. Europe Power Grid Market Restraints 2.2.2.3. Europe Power Grid Market Opportunities 2.2.2.4. Europe Power Grid Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Power Grid Market Drivers 2.2.3.2. Asia Pacific Power Grid Market Restraints 2.2.3.3. Asia Pacific Power Grid Market Opportunities 2.2.3.4. Asia Pacific Power Grid Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Power Grid Market Drivers 2.2.4.2. Middle East and Africa Power Grid Market Restraints 2.2.4.3. Middle East and Africa Power Grid Market Opportunities 2.2.4.4. Middle East and Africa Power Grid Market Challenges 2.2.5. South America 2.2.5.1. South America Power Grid Market Drivers 2.2.5.2. South America Power Grid Market Restraints 2.2.5.3. South America Power Grid Market Opportunities 2.2.5.4. South America Power Grid Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Power Grid Industry 2.8. Analysis of Government Schemes and Initiatives For Power Grid Industry 2.9. Power Grid Market Trade Analysis 2.10. The Global Pandemic Impact on Power Grid Market 3. Power Grid Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Power Grid Market Size and Forecast, by Component (2022-2029) 3.1.1. Cables 3.1.2. Variable Speed Drivers 3.1.3. Transformers 3.1.4. Switchgear 3.1.5. Others 3.2. Power Grid Market Size and Forecast, by Power Supply (2022-2029) 3.2.1. Captive Generation 3.2.2. Wind Power 3.2.3. Tidal Power 3.2.4. Solar Power 3.2.5. Others 3.3. Power Grid Market Size and Forecast, by Application (2022-2029) 3.3.1. Generation 3.3.2. Transmission 3.3.3. Distribution 3.4. Power Grid Market Size and Forecast, by Region (2022-2029) 3.4.1. North America 3.4.2. Europe 3.4.3. Asia Pacific 3.4.4. Middle East and Africa 3.4.5. South America 4. North America Power Grid Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Power Grid Market Size and Forecast, by Component (2022-2029) 4.1.1. Cables 4.1.2. Variable Speed Drivers 4.1.3. Transformers 4.1.4. Switchgear 4.1.5. Others 4.2. North America Power Grid Market Size and Forecast, by Power Supply (2022-2029) 4.2.1. Captive Generation 4.2.2. Wind Power 4.2.3. Tidal Power 4.2.4. Solar Power 4.2.5. Others 4.3. North America Power Grid Market Size and Forecast, by Application (2022-2029) 4.3.1. Generation 4.3.2. Transmission 4.3.3. Distribution 4.4. North America Power Grid Market Size and Forecast, by Country (2022-2029) 4.4.1. United States 4.4.1.1. United States Power Grid Market Size and Forecast, by Component (2022-2029) 4.4.1.1.1. Cables 4.4.1.1.2. Variable Speed Drivers 4.4.1.1.3. Transformers 4.4.1.1.4. Switchgear 4.4.1.1.5. Others 4.4.1.2. United States Power Grid Market Size and Forecast, by Power Supply (2022-2029) 4.4.1.2.1. Captive Generation 4.4.1.2.2. Wind Power 4.4.1.2.3. Tidal Power 4.4.1.2.4. Solar Power 4.4.1.2.5. Others 4.4.1.3. United States Power Grid Market Size and Forecast, by Application (2022-2029) 4.4.1.3.1. Generation 4.4.1.3.2. Transmission 4.4.1.3.3. Distribution 4.4.2. Canada 4.4.2.1. Canada Power Grid Market Size and Forecast, by Component (2022-2029) 4.4.2.1.1. Cables 4.4.2.1.2. Variable Speed Drivers 4.4.2.1.3. Transformers 4.4.2.1.4. Switchgear 4.4.2.1.5. Others 4.4.2.2. Canada Power Grid Market Size and Forecast, by Power Supply (2022-2029) 4.4.2.2.1. Captive Generation 4.4.2.2.2. Wind Power 4.4.2.2.3. Tidal Power 4.4.2.2.4. Solar Power 4.4.2.2.5. Others 4.4.2.3. Canada Power Grid Market Size and Forecast, by Application (2022-2029) 4.4.2.3.1. Generation 4.4.2.3.2. Transmission 4.4.2.3.3. Distribution 4.4.3. Mexico 4.4.3.1. Mexico Power Grid Market Size and Forecast, by Component (2022-2029) 4.4.3.1.1. Cables 4.4.3.1.2. Variable Speed Drivers 4.4.3.1.3. Transformers 4.4.3.1.4. Switchgear 4.4.3.1.5. Others 4.4.3.2. Mexico Power Grid Market Size and Forecast, by Power Supply (2022-2029) 4.4.3.2.1. Captive Generation 4.4.3.2.2. Wind Power 4.4.3.2.3. Tidal Power 4.4.3.2.4. Solar Power 4.4.3.2.5. Others 4.4.3.3. Mexico Power Grid Market Size and Forecast, by Application (2022-2029) 4.4.3.3.1. Generation 4.4.3.3.2. Transmission 4.4.3.3.3. Distribution 5. Europe Power Grid Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Power Grid Market Size and Forecast, by Component (2022-2029) 5.1. Europe Power Grid Market Size and Forecast, by Power Supply (2022-2029) 5.1. Europe Power Grid Market Size and Forecast, by Application (2022-2029) 5.4. Europe Power Grid Market Size and Forecast, by Country (2022-2029) 5.4.1. United Kingdom 5.4.1.1. United Kingdom Power Grid Market Size and Forecast, by Component (2022-2029) 5.4.1.2. United Kingdom Power Grid Market Size and Forecast, by Power Supply (2022-2029) 5.4.1.3. United Kingdom Power Grid Market Size and Forecast, by Application (2022-2029) 5.4.2. France 5.4.2.1. France Power Grid Market Size and Forecast, by Component (2022-2029) 5.4.2.2. France Power Grid Market Size and Forecast, by Power Supply (2022-2029) 5.4.2.3. France Power Grid Market Size and Forecast, by Application (2022-2029) 5.4.3. Germany 5.4.3.1. Germany Power Grid Market Size and Forecast, by Component (2022-2029) 5.4.3.2. Germany Power Grid Market Size and Forecast, by Power Supply (2022-2029) 5.4.3.3. Germany Power Grid Market Size and Forecast, by Application (2022-2029) 5.4.4. Italy 5.4.4.1. Italy Power Grid Market Size and Forecast, by Component (2022-2029) 5.4.4.2. Italy Power Grid Market Size and Forecast, by Power Supply (2022-2029) 5.4.4.3. Italy Power Grid Market Size and Forecast, by Application (2022-2029) 5.4.5. Spain 5.4.5.1. Spain Power Grid Market Size and Forecast, by Component (2022-2029) 5.4.5.2. Spain Power Grid Market Size and Forecast, by Power Supply (2022-2029) 5.4.5.3. Spain Power Grid Market Size and Forecast, by Application (2022-2029) 5.4.6. Sweden 5.4.6.1. Sweden Power Grid Market Size and Forecast, by Component (2022-2029) 5.4.6.2. Sweden Power Grid Market Size and Forecast, by Power Supply (2022-2029) 5.4.6.3. Sweden Power Grid Market Size and Forecast, by Application (2022-2029) 5.4.7. Austria 5.4.7.1. Austria Power Grid Market Size and Forecast, by Component (2022-2029) 5.4.7.2. Austria Power Grid Market Size and Forecast, by Power Supply (2022-2029) 5.4.7.3. Austria Power Grid Market Size and Forecast, by Application (2022-2029) 5.4.8. Rest of Europe 5.4.8.1. Rest of Europe Power Grid Market Size and Forecast, by Component (2022-2029) 5.4.8.2. Rest of Europe Power Grid Market Size and Forecast, by Power Supply (2022-2029) 5.4.8.3. Rest of Europe Power Grid Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific Power Grid Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Power Grid Market Size and Forecast, by Component (2022-2029) 6.2. Asia Pacific Power Grid Market Size and Forecast, by Power Supply (2022-2029) 6.3. Asia Pacific Power Grid Market Size and Forecast, by Application (2022-2029) 6.4. Asia Pacific Power Grid Market Size and Forecast, by Country (2022-2029) 6.4.1. China 6.4.1.1. China Power Grid Market Size and Forecast, by Component (2022-2029) 6.4.1.2. China Power Grid Market Size and Forecast, by Power Supply (2022-2029) 6.4.1.3. China Power Grid Market Size and Forecast, by Application (2022-2029) 6.4.2. S Korea 6.4.2.1. S Korea Power Grid Market Size and Forecast, by Component (2022-2029) 6.4.2.2. S Korea Power Grid Market Size and Forecast, by Power Supply (2022-2029) 6.4.2.3. S Korea Power Grid Market Size and Forecast, by Application (2022-2029) 6.4.3. Japan 6.4.3.1. Japan Power Grid Market Size and Forecast, by Component (2022-2029) 6.4.3.2. Japan Power Grid Market Size and Forecast, by Power Supply (2022-2029) 6.4.3.3. Japan Power Grid Market Size and Forecast, by Application (2022-2029) 6.4.4. India 6.4.4.1. India Power Grid Market Size and Forecast, by Component (2022-2029) 6.4.4.2. India Power Grid Market Size and Forecast, by Power Supply (2022-2029) 6.4.4.3. India Power Grid Market Size and Forecast, by Application (2022-2029) 6.4.5. Australia 6.4.5.1. Australia Power Grid Market Size and Forecast, by Component (2022-2029) 6.4.5.2. Australia Power Grid Market Size and Forecast, by Power Supply (2022-2029) 6.4.5.3. Australia Power Grid Market Size and Forecast, by Application (2022-2029) 6.4.6. Indonesia 6.4.6.1. Indonesia Power Grid Market Size and Forecast, by Component (2022-2029) 6.4.6.2. Indonesia Power Grid Market Size and Forecast, by Power Supply (2022-2029) 6.4.6.3. Indonesia Power Grid Market Size and Forecast, by Application (2022-2029) 6.4.7. Malaysia 6.4.7.1. Malaysia Power Grid Market Size and Forecast, by Component (2022-2029) 6.4.7.2. Malaysia Power Grid Market Size and Forecast, by Power Supply (2022-2029) 6.4.7.3. Malaysia Power Grid Market Size and Forecast, by Application (2022-2029) 6.4.8. Vietnam 6.4.8.1. Vietnam Power Grid Market Size and Forecast, by Component (2022-2029) 6.4.8.2. Vietnam Power Grid Market Size and Forecast, by Power Supply (2022-2029) 6.4.8.3. Vietnam Power Grid Market Size and Forecast, by Application (2022-2029) 6.4.9. Taiwan 6.4.9.1. Taiwan Power Grid Market Size and Forecast, by Component (2022-2029) 6.4.9.2. Taiwan Power Grid Market Size and Forecast, by Power Supply (2022-2029) 6.4.9.3. Taiwan Power Grid Market Size and Forecast, by Application (2022-2029) 6.4.10. Rest of Asia Pacific 6.4.10.1. Rest of Asia Pacific Power Grid Market Size and Forecast, by Component (2022-2029) 6.4.10.2. Rest of Asia Pacific Power Grid Market Size and Forecast, by Power Supply (2022-2029) 6.4.10.3. Rest of Asia Pacific Power Grid Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa Power Grid Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Power Grid Market Size and Forecast, by Component (2022-2029) 7.2. Middle East and Africa Power Grid Market Size and Forecast, by Power Supply (2022-2029) 7.3. Middle East and Africa Power Grid Market Size and Forecast, by Application (2022-2029) 7.4. Middle East and Africa Power Grid Market Size and Forecast, by Country (2022-2029) 7.4.1. South Africa 7.4.1.1. South Africa Power Grid Market Size and Forecast, by Component (2022-2029) 7.4.1.2. South Africa Power Grid Market Size and Forecast, by Power Supply (2022-2029) 7.4.1.3. South Africa Power Grid Market Size and Forecast, by Application (2022-2029) 7.4.2. GCC 7.4.2.1. GCC Power Grid Market Size and Forecast, by Component (2022-2029) 7.4.2.2. GCC Power Grid Market Size and Forecast, by Power Supply (2022-2029) 7.4.2.3. GCC Power Grid Market Size and Forecast, by Application (2022-2029) 7.4.3. Nigeria 7.4.3.1. Nigeria Power Grid Market Size and Forecast, by Component (2022-2029) 7.4.3.2. Nigeria Power Grid Market Size and Forecast, by Power Supply (2022-2029) 7.4.3.3. Nigeria Power Grid Market Size and Forecast, by Application (2022-2029) 7.4.4. Rest of ME&A 7.4.4.1. Rest of ME&A Power Grid Market Size and Forecast, by Component (2022-2029) 7.4.4.2. Rest of ME&A Power Grid Market Size and Forecast, by Power Supply (2022-2029) 7.4.4.3. Rest of ME&A Power Grid Market Size and Forecast, by Application (2022-2029) 8. South America Power Grid Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Power Grid Market Size and Forecast, by Component (2022-2029) 8.2. South America Power Grid Market Size and Forecast, by Power Supply (2022-2029) 8.3. South America Power Grid Market Size and Forecast, by Application(2022-2029) 8.4. South America Power Grid Market Size and Forecast, by Country (2022-2029) 8.4.1. Brazil 8.4.1.1. Brazil Power Grid Market Size and Forecast, by Component (2022-2029) 8.4.1.2. Brazil Power Grid Market Size and Forecast, by Power Supply (2022-2029) 8.4.1.3. Brazil Power Grid Market Size and Forecast, by Application (2022-2029) 8.4.2. Argentina 8.4.2.1. Argentina Power Grid Market Size and Forecast, by Component (2022-2029) 8.4.2.2. Argentina Power Grid Market Size and Forecast, by Power Supply (2022-2029) 8.4.2.3. Argentina Power Grid Market Size and Forecast, by Application (2022-2029) 8.4.3. Rest Of South America 8.4.3.1. Rest Of South America Power Grid Market Size and Forecast, by Component (2022-2029) 8.4.3.2. Rest Of South America Power Grid Market Size and Forecast, by Power Supply (2022-2029) 8.4.3.3. Rest Of South America Power Grid Market Size and Forecast, by Application (2022-2029) 9. Global Power Grid Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Power Grid Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Oracle 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Siemens 10.3. General Electric 10.4. Wipro 10.5. Belden 10.6. FMC Technologies Inc. 10.7. Fujitsu General 10.8. Schneider Electric 10.9. Hubbell 10.10. Itron 10.11. IBM 10.12. ABB 10.13. Cameron International Corp 10.14. Honeywell Elster 10.15. ABB Ltd 10.16. Aker Solutions ASA 10.17. Landis+Gyr 10.18. Cisco 10.19. Adani Transmission Ltd. 10.20. Tata Power Company Ltd. 11. Key Findings 12. Industry Recommendations 13. Power Grid Market: Research Methodology 14. Terms and Glossary