Germany Smart Grid Market Size, Share, Opportunities And Trends By Functions (Generation, Transmission, Distribution), By Components (Hardware, Software) And By Services (Operation and Maintenance, Professional Services, Others) - Forecasts From 2023 To 2028

The German smart grid market was valued at US$1,317.313 million in 2021 and is projected to expand at a CAGR of 11.35% over the forecast period to reach US$2,796.655 million by 2028. 

This research study examines the German smart grid market based on various segments: function, components, and services. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model analyzes Germany’s smart grid industry comprehensively. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.

The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting Germany’s smart grid market. Moreover, the research study analyzes the overall regulatory framework of Germany’s smart grid sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.

Germany smart grid market – Forecasts from 2023 to 2028 are a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.

The scope and coverage of the German smart grid market report are as below:

• Germany smart grid market data tables and charts
• Market outlook with sections on drivers, restraints, Porter’s, and industry value chain analysis.
• Market assessment by function into generation, transmission, and distribution.
• Detailed market trends, analysis, and graphical representation by components into hardware and software.
• In-depth analysis of the German smart grid market by services in operation and maintenance, professional services, and others.

Germany Smart Grid Market Scope:

Report Metric	Details
Study Period	2021 to 2031
Historical Data	2021 to 2024
Base Year	2025
Forecast Period	2026 – 2031

 

Report Metric	Details
Market Size Value in 2021	US$1,317.313 million
Market Size Value in 2028	US$2,796.655 million
Growth Rate	CAGR of 11.35% from 2021 to 2028
Base Year	2021
Forecast Period	2023 – 2028
Forecast Unit (Value)	USD Million
Segments Covered	Function Component Services
Companies Covered	RWE AG ON SE Siemens AG Alstom Holdings Vattenfall AB
Customization Scope	Free report customization with purchase

 

 

Different segments covered under the German smart grid market report are as below:

• By Function
  • Generation
  • Transmission
  • Distribution
• By Component
  • Hardware
    • Transformers
    • Circuit Breakers
    • SCADA Devices
    • Safety Devices
    • Programmable Logic Controllers
    • Network Sensors
    • Others
  • Software
    • Advanced Metering Infrastructure
    • Power Delivery and Communication Management
    • Sub-Station Automation
    • Asset Management
    • Smart Billing Management
    • Others
• By Services
  • Operation and Maintenance
  • Professional Services
  • Others