Abstract
Summary
KEY FINDINGS
The India smart grid market is registered to project a CAGR of 13.86%, over the forecasted years. The growing investments in smart grid technology, the initiatives and programs undertaken by the Ministry of Power (MoP), and the launch of government schemes. The base year considered for the studied market is 2020, and the forecast period is from 2021 to 2026.
MARKET INSIGHTS
The power distribution sector in India has witnessed numerous initiatives launched by the Ministry of Power, in order to ensure sustainability within DISCOMs operations. This aspect is fulfilled by deploying an adaptive, safe, and digitally-enabled grid ecosystem, providing reliable and quality energy, across the country.
Globally, the smart grid has been considered a chief tool to achieve transformation, in terms of a more digital as well as a consumer-oriented grid by utilities and policymakers. In this regard, several measures have also been undertaken by the Indian government, to augment the deployment of smart grids in the country. For instance, one of the leading initiatives includes sanctioning multiple smart grid projects by the Ministry of Power, currently at diverse stages of implementation. Moreover, the country also aims to install 35 million smart meters, under the Ujwal DISCOM Assurance Yojana (UDAY), over the upcoming years. As a result, these factors are expected to drive the India smart grid market growth, during the forecast period.
COMPETITIVE INSIGHTS
Some of the distinguished companies operating in the market are, International Business Machines Corporation, Wipro Limited, Cisco Systems Inc, Sensus Inc, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Table of Contents
1 RESEARCH SCOPE & METHODOLOGY
1.1 STUDY OBJECTIVES
1.2 SCOPE OF STUDY
1.3 METHODOLOGY
1.4 ASSUMPTIONS & LIMITATIONS
2 EXECUTIVE SUMMARY
2.1 MARKET SIZE & ESTIMATES
2.2 COUNTRY SNAPSHOT
2.3 COUNTRY ANALYSIS
2.4 KEY GROWTH ENABLERS
2.5 KEY CHALLENGES
3 KEY ANALYTICS
3.1 IMPACT OF COVID-19 ON SMART GRID MARKET
3.2 KEY INVESTMENT INSIGHTS
3.3 PORTER’S FIVE FORCES ANALYSIS
3.3.1 BUYERS POWER
3.3.2 SUPPLIERS POWER
3.3.3 SUBSTITUTION
3.3.4 NEW ENTRANTS
3.3.5 INDUSTRY RIVALRY
3.4 OPPORTUNITY MATRIX
3.5 VENDOR LANDSCAPE
4 MARKET BY END-USER
4.1 COMMERCIAL END-USER
4.2 INDUSTRIAL END-USER
4.3 RESIDENTIAL END-USER
5 MARKET BY APPLICATION
5.1 TRANSMISSION
5.2 DISTRIBUTION
5.3 CONSUMPTION/END-USE
5.4 GENERATION
6 MARKET BY COMPONENT
6.1 SOLUTION
6.1.1 SUBSTATION AUTOMATION
6.1.2 SMART GRID DISTRIBUTION MANAGEMENT
6.1.3 ADVANCED METERING INFRASTRUCTURE
6.1.4 SMART GRID NETWORK MANAGEMENT
6.1.5 SMART GRID SECURITY
6.1.6 SMART GRID COMMUNICATION
6.1.7 OTHER SOLUTION
6.1.8 SERVICES
7 COMPETITIVE LANDSCAPE
7.1 KEY STRATEGIC DEVELOPMENTS
7.1.1 MERGERS & ACQUISITIONS
7.1.2 PRODUCT LAUNCHES & DEVELOPMENTS
7.1.3 PARTNERSHIPS & AGREEMENTS
7.1.4 BINDIAINESS EXPANSIONS
7.2 COMPANY PROFILES
7.2.1 ABB LTD
7.2.2 AMDOCS CORPORATION
7.2.3 AUTOGRID SYSTEMS INC
7.2.4 CISCO SYSTEMS INC
7.2.5 GENERAL ELECTRIC COMPANY
7.2.6 HONEYWELL INTERNATIONAL
7.2.7 INTERNATIONAL BUSINESS MACHINES CORPORATION
7.2.8 ITRON INC
7.2.9 LANDIS & GYR GROUP AG
7.2.10 ORACLE CORPORATION
7.2.11 SCHNEIDER ELECTRIC SE
7.2.12 SENSUS INC
7.2.13 SIEMENS AG
7.2.14 TANTALUS SYSTEM CORP
7.2.15 WIPRO LIMITED