Smart Grid Communication Node Market – Global Industry Analysis and Forecast (2023-2029)


Global Smart Grid Communication Node Market size is expected to reach nearly US$ 212.29 Bn. by 2029 with the CAGR of 21% during the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.Smart Grid Communication Node MarketTo know about the Research Methodology :- Request Free Sample Report

Smart Grid Communication Node Market Dynamics:

Smart grid is a concept, which contains the integration of electricity grid with renewable and non-renewable energy resources. The smart grid communication nodes are the redistribution points for communication that are directly dependent on smart grid networks.

Currently, in the smart grid communication node market, information technology and communication devices are preferring in existing networks to reduce electricity waste and energy costs and enhance reliability and efficiency. An introduction of cutting-edge grid technology is playing a vital role that also allows the energy industry to reach a new level of efficiency and reliability. The continuous demand for power is a critical issue that necessities significant attention in the current day of the smart grid era. An increase in demand for uninterrupted power supply and streamlining communications between power suppliers and consumers are expected to increase the demand for the smart grid communication nodes.

On the other hand, the increasing presence of renewable generation and the proliferation of customer- and merchant-owned DERs are expected to increase the greater levels of variability and uncertainty in both the supply of electricity and the demand. Also, high installation costs are expected to limit the growth of the global smart grid communication node market. Furthermore, an introduction of innovative technologies like RF mesh, point-to-multipoint, Worldwide Interoperability for Microwave Access (WiMAX), and LTE are expected to offer beneficial opportunities to the key players in the smart grid communication nodes market.

Smart Grid Communication Node Market Segment Analysis:

Wireless cellular networks are emerging as a strong stand in attempts to achieve pervasive large-scale obtainment, a communication network. The cellular technologies and the evolving new age 5G are some of the factors, which are advantageous for the smart grid. By the communication standard, different communication technologies are classified as wired and wireless communications. Among these, wireless communications usage is expected to grow at an xx% rate of CAGR during the forecast period because it is widely preferred over the wired communications for various reasons. It offers its reliability at lower rates of cost. The wireless communications network enhances infrastructure and provides readily available connections. The operation cost, environmental concerns, and availability of resources for a stable communication system are expected to boost the global smart grid communication node market.

Smart Grid Communication Node Market Regional Insights:

The adoption of smart grid communication nodes is increasing at an exponential growth rate across the globe. By the regional analysis of the smart grid communication node market, North America and Europe have matured markets for smart grid communication nodes. Furthermore, The Asia Pacific region has a huge potential opportunity for smart grid communication nodes. The power grids across the developing economies are becoming challenging factors to keep up the power demand. The Asia-Pacific communication nodes market is expected to grow at an xx% CAGR during the forecast period. An increase in focus of governments like China and India, adoption of smart technology in power grid infrastructure, and challenges as aging transmission and distribution (T&D) infrastructure, and distributed generation are expected to boost regional growth.

Competitive Analysis:

The current model of transmission and distribution of electricity has proved its presence as it is a reliable network. Researchers are now experimenting with smart grid technologies to overcome the shortcomings of the traditional grid. Many prominent key players are focusing on deploying the communication node network that is expected to drive growth in the global smart grid communication node market.

The objective of the report is to present a comprehensive analysis of the Global market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants by region.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding Global market dynamics, structure by analyzing the market segments and projects the Global market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global market make the report investor’s guide.

Smart Grid Communication Node Market Scope: Inquire before buying






Smart Grid Communication Node Market




Base Year
2022
Forecast Period
2023-2029




Historical Data
CAGR
Market Size in 2022
Market Size in 2029




2018 to 2022
21%
US$ 55.90 Bn
US$ 212.29 Bn




Segments Covered




by Type
Wired
Wireless Communication Systems
by Application
Command and Control
Communications
Computers
Surveillance




Regions Covered




North America
United States
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Sweden
Austria
Rest of Europe
Asia Pacific
China
S Korea
Japan
India
Australia
Indonesia
Malaysia
Vietnam
Taiwan
Bangladesh
Pakistan
Rest of APAC
Middle East and Africa
South Africa
GCC
Egypt
Nigeria
Rest of ME&A
South America
Brazil
Argentina
Rest of South America






Key Players are:

1. IBM Corporation
2. ABB Ltd.
3. Schneider Electric SE
4. Cisco Systems Inc.
5. Itron Inc.
6. Verizon Communication Inc.
7. Siemens AG
8. Ingenu Inc.
9. Metrycom Communication Ltd.
10.Osisoft LLC
11.Southern States LLC
12.Sensus Viola Systems
13.Tropos Networks Inc.
14.Trilliant Inc.
15.Others

Frequently Asked Questions:

1. Which region has the largest share in Global Smart Grid Communication Node Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Smart Grid Communication Node Market?
Ans: The Global market is expected to grow at a CAGR of 21% during forecast period 2023-2029.

3. What is scope of the Global Smart Grid Communication Node market report?
Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Smart Grid Communication Node market?
Ans: The important key players in the Global market are –IBM Corporation, ABB Ltd., Schneider Electric SE, Cisco Systems Inc., Itron Inc., Verizon Communication Inc., Siemens AG, Ingenu Inc., Metrycom Communication Ltd., Osisoft LLC, Southern States LLC, Sensus Viola Systems, Tropos Networks Inc., Trilliant Inc., and Others

5. What is the study period of this market?
Ans: The Global market is studied from 2022 to 2029. 




Smart Grid Communication Node Market

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: Smart Grid Communication Node Market

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies

5. Supply Side and Demand Side Indicators

6. Smart Grid Communication Node Market Analysis and Forecast
6.1. Smart Grid Communication Node Market Size & Y-o-Y Growth Analysis
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Middle East & Africa
6.1.5. South America

7. Smart Grid Communication Node Market Analysis and Forecast, By Type
7.1. Introduction and Definition
7.2. Key Findings
7.3. Smart Grid Communication Node Market Value Share Analysis, By Type
7.4. Smart Grid Communication Node Market Size (US$ Bn) Forecast, By Type
7.5. Smart Grid Communication Node Market Analysis, By Type
7.6. Smart Grid Communication Node Market Attractiveness Analysis, By Type

8. Smart Grid Communication Node Market Analysis and Forecast, By Application
8.1. Introduction and Definition
8.2. Key Findings
8.3. Smart Grid Communication Node Market Value Share Analysis, By Application
8.4. Smart Grid Communication Node Market Size (US$ Bn) Forecast, By Application
8.5. Smart Grid Communication Node Market Analysis, By Application
8.6. Smart Grid Communication Node Market Attractiveness Analysis, By Application

9. Smart Grid Communication Node Market Analysis, by Region
9.1. Smart Grid Communication Node Market Value Share Analysis, by Region
9.2. Smart Grid Communication Node Market Size (US$ Bn) Forecast, by Region
9.3. Smart Grid Communication Node Market Attractiveness Analysis, by Region

10. North America Smart Grid Communication Node Market Analysis
10.1. Key Findings
10.2. North America Smart Grid Communication Node Market Overview
10.3. North America Smart Grid Communication Node Market Value Share Analysis, By Type
10.4. North America Smart Grid Communication Node Market Forecast, By Type
10.4.1. Wired
10.4.2. Wireless Communication Systems
10.5. North America Smart Grid Communication Node Market Value Share Analysis, By Application
10.6. North America Smart Grid Communication Node Market Forecast, By Application
10.6.1. Command and Control
10.6.2. Communications
10.6.3. Computers
10.6.4. Surveillance
10.7. North America Smart Grid Communication Node Market Value Share Analysis, by Country
10.8. North America Smart Grid Communication Node Market Forecast, by Country
10.8.1. U.S.
10.8.2. Canada
10.9. North America Smart Grid Communication Node Market Analysis, by Country
10.10. U.S. Smart Grid Communication Node Market Forecast, By Type
10.10.1. Wired
10.10.2. Wireless Communication Systems
10.11. U.S. Smart Grid Communication Node Market Forecast, By Application
10.11.1. Command and Control
10.11.2. Communications
10.11.3. Computers
10.11.4. Surveillance
10.12. Canada Smart Grid Communication Node Market Forecast, By Type
10.12.1. Wired
10.12.2. Wireless Communication Systems
10.13. Canada Smart Grid Communication Node Market Forecast, By Application
10.13.1. Command and Control
10.13.2. Communications
10.13.3. Computers
10.13.4. Surveillance
10.14. North America Smart Grid Communication Node Market Attractiveness Analysis
10.14.1. By Type
10.14.2. By Application
10.15. PEST Analysis
10.16. Key Trends
10.17. Key Developments

11. Europe Smart Grid Communication Node Market Analysis
11.1. Key Findings
11.2. Europe Smart Grid Communication Node Market Overview
11.3. Europe Smart Grid Communication Node Market Value Share Analysis, By Type
11.4. Europe Smart Grid Communication Node Market Forecast, By Type
11.4.1. Wired
11.4.2. Wireless Communication Systems
11.5. Europe Smart Grid Communication Node Market Value Share Analysis, By Application
11.6. Europe Smart Grid Communication Node Market Forecast, By Application
11.6.1. Command and Control
11.6.2. Communications
11.6.3. Computers
11.6.4. Surveillance
11.7. Europe Smart Grid Communication Node Market Value Share Analysis, by Country
11.8. Europe Smart Grid Communication Node Market Forecast, by Country
11.8.1. Germany
11.8.2. U.K.
11.8.3. France
11.8.4. Italy
11.8.5. Spain
11.8.6. Russia
11.8.7. Norway
11.8.8. Rest of Europe
11.9. Europe Smart Grid Communication Node Market Analysis, by Country
11.10. Germany Smart Grid Communication Node Market Forecast, By Type
11.10.1. Wired
11.10.2. Wireless Communication Systems
11.11. Germany Smart Grid Communication Node Market Forecast, By Application
11.11.1. Command and Control
11.11.2. Communications
11.11.3. Computers
11.11.4. Surveillance
11.12. U.K. Smart Grid Communication Node Market Forecast, By Type
11.12.1. Wired
11.12.2. Wireless Communication Systems
11.13. U.K. Smart Grid Communication Node Market Forecast, By Application
11.13.1. Command and Control
11.13.2. Communications
11.13.3. Computers
11.13.4. Surveillance
11.14. France Smart Grid Communication Node Market Forecast, By Type
11.14.1. Wired
11.14.2. Wireless Communication Systems
11.15. France Smart Grid Communication Node Market Forecast, By Application
11.15.1. Command and Control
11.15.2. Communications
11.15.3. Computers
11.15.4. Surveillance
11.16. Italy Smart Grid Communication Node Market Forecast, By Type
11.16.1. Wired
11.16.2. Wireless Communication Systems
11.17. Italy Smart Grid Communication Node Market Forecast, By Application
11.17.1. Command and Control
11.17.2. Communications
11.17.3. Computers
11.17.4. Surveillance
11.18. Spain Smart Grid Communication Node Market Forecast, By Type
11.18.1. Wired
11.18.2. Wireless Communication Systems
11.19. Spain Smart Grid Communication Node Market Forecast, By Application
11.19.1. Command and Control
11.19.2. Communications
11.19.3. Computers
11.19.4. Surveillance
11.20. Russia Smart Grid Communication Node Market Forecast, By Type
11.20.1. Wired
11.20.2. Wireless Communication Systems
11.21. Russia Smart Grid Communication Node Market Forecast, By Application
11.21.1. Command and Control
11.21.2. Communications
11.21.3. Computers
11.21.4. Surveillance
11.22. Norway Smart Grid Communication Node Market Forecast, By Type
11.22.1. Wired
11.22.2. Wireless Communication Systems
11.23. Norway Smart Grid Communication Node Market Forecast, By Application
11.23.1. Command and Control
11.23.2. Communications
11.23.3. Computers
11.23.4. Surveillance
11.24. Rest of Europe Smart Grid Communication Node Market Forecast, By Type
11.24.1. Wired
11.24.2. Wireless Communication Systems
11.25. Rest of Europe Smart Grid Communication Node Market Forecast, By Application
11.25.1. Command and Control
11.25.2. Communications
11.25.3. Computers
11.25.4. Surveillance
11.26. Europe Smart Grid Communication Node Market Attractiveness Analysis
11.26.1. By Type
11.26.2. By Application
11.27. PEST Analysis
11.28. Key Trends
11.29. Key Developments

12. Asia Pacific Smart Grid Communication Node Market Analysis
12.1. Key Findings
12.2. Asia Pacific Smart Grid Communication Node Market Overview
12.3. Asia Pacific Smart Grid Communication Node Market Value Share Analysis, By Type
12.4. Asia Pacific Smart Grid Communication Node Market Forecast, By Type
12.4.1. Wired
12.4.2. Wireless Communication Systems
12.5. Asia Pacific Smart Grid Communication Node Market Value Share Analysis, By Application
12.6. Asia Pacific Smart Grid Communication Node Market Forecast, By Application
12.6.1. Command and Control
12.6.2. Communications
12.6.3. Computers
12.6.4. Surveillance
12.7. Asia Pacific Smart Grid Communication Node Market Value Share Analysis, by Country
12.8. Asia Pacific Smart Grid Communication Node Market Forecast, by Country
12.8.1. China
12.8.2. India
12.8.3. Japan
12.8.4. South Korea
12.8.5. Australia
12.8.6. Indonesia
12.8.7. Malaysia
12.8.8. Vietnam
12.8.9. Rest of Asia Pacific
12.9. Asia Pacific Smart Grid Communication Node Market Analysis, by Country
12.10. China Smart Grid Communication Node Market Forecast, By Type
12.10.1. Wired
12.10.2. Wireless Communication Systems
12.11. China Smart Grid Communication Node Market Forecast, By Application
12.11.1. Command and Control
12.11.2. Communications
12.11.3. Computers
12.11.4. Surveillance
12.12. India Smart Grid Communication Node Market Forecast, By Type
12.12.1. Wired
12.12.2. Wireless Communication Systems
12.13. India Smart Grid Communication Node Market Forecast, By Application
12.13.1. Command and Control
12.13.2. Communications
12.13.3. Computers
12.13.4. Surveillance
12.14. Japan Smart Grid Communication Node Market Forecast, By Type
12.14.1. Wired
12.14.2. Wireless Communication Systems
12.15. Japan Smart Grid Communication Node Market Forecast, By Application
12.15.1. Command and Control
12.15.2. Communications
12.15.3. Computers
12.15.4. Surveillance
12.16. South Korea Smart Grid Communication Node Market Forecast, By Type
12.16.1. Wired
12.16.2. Wireless Communication Systems
12.17. South Korea Smart Grid Communication Node Market Forecast, By Application
12.17.1. Command and Control
12.17.2. Communications
12.17.3. Computers
12.17.4. Surveillance
12.18. Australia Smart Grid Communication Node Market Forecast, By Type
12.18.1. Wired
12.18.2. Wireless Communication Systems
12.19. Australia Smart Grid Communication Node Market Forecast, By Application
12.19.1. Command and Control
12.19.2. Communications
12.19.3. Computers
12.19.4. Surveillance
12.20. Indonesia Smart Grid Communication Node Market Forecast, By Type
12.20.1. Wired
12.20.2. Wireless Communication Systems
12.21. Indonesia Smart Grid Communication Node Market Forecast, By Application
12.21.1. Command and Control
12.21.2. Communications
12.21.3. Computers
12.21.4. Surveillance
12.22. Malaysia Smart Grid Communication Node Market Forecast, By Type
12.22.1. Wired
12.22.2. Wireless Communication Systems
12.23. Malaysia Smart Grid Communication Node Market Forecast, By Application
12.23.1. Command and Control
12.23.2. Communications
12.23.3. Computers
12.23.4. Surveillance
12.24. Vietnam Smart Grid Communication Node Market Forecast, By Type
12.24.1. Wired
12.24.2. Wireless Communication Systems
12.25. Vietnam Smart Grid Communication Node Market Forecast, By Application
12.25.1. Command and Control
12.25.2. Communications
12.25.3. Computers
12.25.4. Surveillance
12.26. Rest of Asia Pacific Smart Grid Communication Node Market Forecast, By Type
12.26.1. Wired
12.26.2. Wireless Communication Systems
12.27. Rest of Asia Pacific Smart Grid Communication Node Market Forecast, By Application
12.27.1. Command and Control
12.27.2. Communications
12.27.3. Computers
12.27.4. Surveillance
12.28. Asia Pacific Smart Grid Communication Node Market Attractiveness Analysis
12.28.1. By Type
12.28.2. By Application
12.29. PEST Analysis
12.30. Key Trends
12.31. Key Developments

13. Middle East & Africa Smart Grid Communication Node Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Smart Grid Communication Node Market Overview
13.3. Middle East & Africa Smart Grid Communication Node Market Value Share Analysis, By Type
13.4. Middle East & Africa Smart Grid Communication Node Market Forecast, By Type
13.4.1. Wired
13.4.2. Wireless Communication Systems
13.5. Middle East & Africa Smart Grid Communication Node Market Value Share Analysis, By Application
13.6. Middle East & Africa Smart Grid Communication Node Market Forecast, By Application
13.6.1. Command and Control
13.6.2. Communications
13.6.3. Computers
13.6.4. Surveillance
13.7. Middle East & Africa Smart Grid Communication Node Market Value Share Analysis, by Country
13.8. Middle East & Africa Smart Grid Communication Node Market Forecast, by Country
13.8.1. GCC
13.8.2. South Africa
13.8.3. Rest of Middle East & Africa
13.9. Middle East & Africa Smart Grid Communication Node Market Analysis, by Country
13.10. GCC Smart Grid Communication Node Market Forecast, By Type
13.10.1. Wired
13.10.2. Wireless Communication Systems
13.11. GCC Smart Grid Communication Node Market Forecast, By Application
13.11.1. Command and Control
13.11.2. Communications
13.11.3. Computers
13.11.4. Surveillance
13.12. South Africa Smart Grid Communication Node Market Forecast, By Type
13.12.1. Wired
13.12.2. Wireless Communication Systems
13.13. South Africa Smart Grid Communication Node Market Forecast, By Application
13.13.1. Command and Control
13.13.2. Communications
13.13.3. Computers
13.13.4. Surveillance
13.14. Rest of Middle East & Africa Smart Grid Communication Node Market Forecast, By Type
13.14.1. Wired
13.14.2. Wireless Communication Systems
13.15. Rest of Middle East & Africa Smart Grid Communication Node Market Forecast, By Application
13.15.1. Command and Control
13.15.2. Communications
13.15.3. Computers
13.15.4. Surveillance
13.16. Middle East & Africa Smart Grid Communication Node Market Attractiveness Analysis
13.16.1. By Type
13.16.2. By Application
13.17. PEST Analysis
13.18. Key Trends
13.19. Key Developments

14. South America Smart Grid Communication Node Market Analysis
14.1. Key Findings
14.2. South America Smart Grid Communication Node Market Overview
14.3. South America Smart Grid Communication Node Market Value Share Analysis, By Type
14.4. South America Smart Grid Communication Node Market Forecast, By Type
14.4.1. Wired
14.4.2. Wireless Communication Systems
14.5. South America Smart Grid Communication Node Market Value Share Analysis, By Application
14.6. South America Smart Grid Communication Node Market Forecast, By Application
14.6.1. Command and Control
14.6.2. Communications
14.6.3. Computers
14.6.4. Surveillance
14.7. South America Smart Grid Communication Node Market Value Share Analysis, By Application
14.8. South America Smart Grid Communication Node Market Value Share Analysis, by Country
14.9. South America Smart Grid Communication Node Market Forecast, by Country
14.9.1. Brazil
14.9.2. Mexico
14.9.3. Argentina
14.9.4. Rest of South America
14.10. South America Smart Grid Communication Node Market Analysis, by Country
14.11. Brazil Smart Grid Communication Node Market Forecast, By Type
14.11.1. Wired
14.11.2. Wireless Communication Systems
14.12. Brazil Smart Grid Communication Node Market Forecast, By Application
14.12.1. Command and Control
14.12.2. Communications
14.12.3. Computers
14.12.4. Surveillance
14.13. Mexico Smart Grid Communication Node Market Forecast, By Type
14.13.1. Wired
14.13.2. Wireless Communication Systems
14.14. Mexico Smart Grid Communication Node Market Forecast, By Application
14.14.1. Command and Control
14.14.2. Communications
14.14.3. Computers
14.14.4. Surveillance
14.15. Argentina Smart Grid Communication Node Market Forecast, By Type
14.15.1. Wired
14.15.2. Wireless Communication Systems
14.16. Argentina Smart Grid Communication Node Market Forecast, By Application
14.16.1. Command and Control
14.16.2. Communications
14.16.3. Computers
14.16.4. Surveillance
14.17. Rest of South America Smart Grid Communication Node Market Forecast, By Type
14.17.1. Wired
14.17.2. Wireless Communication Systems
14.18. Rest of South America Smart Grid Communication Node Market Forecast, By Application
14.18.1. Command and Control
14.18.2. Communications
14.18.3. Computers
14.18.4. Surveillance
14.19. South America Smart Grid Communication Node Market Attractiveness Analysis
14.19.1. By Type
14.19.2. By Application
14.20. PEST Analysis
14.21. Key Trends
14.22. Key Developments

15. Company Profiles
15.1. Market Share Analysis, by Company
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
15.2.2. New Product Launches and Product Enhancements
15.2.3. Market Consolidation
15.2.3.1. M&A by Regions, Investment and Applications
15.2.3.2. M&A Key Players, Forward Integration and Backward Integration
15.3. Company Profiles: Key Players
15.3.1. IBM Corporation
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Product Portfolio
15.3.1.4. Business Strategy
15.3.1.5. Recent Developments
15.3.1.6. Development Footprint
15.3.2. ABB Ltd.
15.3.3. Schneider Electric SE
15.3.4. Cisco Systems Inc.
15.3.5. Itron Inc.
15.3.6. Verzon Communication Inc.
15.3.7. Siemens AG
15.3.8. Ingenu Inc.
15.3.9. Metrycom Communication Ltd.
15.3.10. Osisoft LLC
15.3.11. Sensus Viola Systems
15.3.12. Tropos Networks Inc.
15.3.13. Trilliant Inc.

Primary key Insights
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