Abstract
Summary
In addition to providing the necessary electrical infrastructure for all kinds of power plants (conventional, wind, solar), grid services ensure that the power generated reaches subs.
The global market for Power Grid Services was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
North American market for Power Grid Services was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Power Grid Services was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Europe market for Power Grid Services was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global key companies of Power Grid Services include Siemens AG, ABB Ltd, Aker Solutions ASA, Bandak Group AS, Cameron International Corp, Dril-Quip Inc., Expro International Group Holdings Limited, FMC Technologies Inc. and General Electric Co., etc. In 2023, the global five largest players hold a share approximately % in terms of revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Power Grid Services, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Power Grid Services by region & country, by Type, and by Application.
The Power Grid Services market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Power Grid Services.
Market Segmentation
By Company
Siemens AG
ABB Ltd
Aker Solutions ASA
Bandak Group AS
Cameron International Corp
Dril-Quip Inc.
Expro International Group Holdings Limited
FMC Technologies Inc.
General Electric Co.
JDR Cable Systems (Holdings) Ltd
Nexans SA
Norddeutsche Seekabelwerke Gmbh (NSW)
Oceaneering International Inc.
Parker Hannifin Corporation
Prysmian Group
Schlumberger Limited
SIEM Offshore Contractors
Technip SA
Segment by Type:
Reactive Power Compensation
Voltage Regulation
Flicker Control
Active Power Filtering
Harmonic Cancellation
Segment by Application
Industrial Electricity
Residential Electricity
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Power Grid Services manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Power Grid Services in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Power Grid Services in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
The global market for Power Grid Services was estimated to be worth US$ million in 2023 and is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during the forecast period 2024-2030.
North American market for Power Grid Services was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Power Grid Services was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Europe market for Power Grid Services was valued at $ million in 2023 and will reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global key companies of Power Grid Services include Siemens AG, ABB Ltd, Aker Solutions ASA, Bandak Group AS, Cameron International Corp, Dril-Quip Inc., Expro International Group Holdings Limited, FMC Technologies Inc. and General Electric Co., etc. In 2023, the global five largest players hold a share approximately % in terms of revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Power Grid Services, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Power Grid Services by region & country, by Type, and by Application.
The Power Grid Services market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Power Grid Services.
Market Segmentation
By Company
Siemens AG
ABB Ltd
Aker Solutions ASA
Bandak Group AS
Cameron International Corp
Dril-Quip Inc.
Expro International Group Holdings Limited
FMC Technologies Inc.
General Electric Co.
JDR Cable Systems (Holdings) Ltd
Nexans SA
Norddeutsche Seekabelwerke Gmbh (NSW)
Oceaneering International Inc.
Parker Hannifin Corporation
Prysmian Group
Schlumberger Limited
SIEM Offshore Contractors
Technip SA
Segment by Type:
Reactive Power Compensation
Voltage Regulation
Flicker Control
Active Power Filtering
Harmonic Cancellation
Segment by Application
Industrial Electricity
Residential Electricity
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Power Grid Services manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Power Grid Services in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Power Grid Services in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
1.1 Power Grid Services Product Introduction
1.2 Global Power Grid Services Market Size Forecast
1.3 Power Grid Services Market Trends & Drivers
1.3.1 Power Grid Services Industry Trends
1.3.2 Power Grid Services Market Drivers & Opportunity
1.3.3 Power Grid Services Market Challenges
1.3.4 Power Grid Services Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Power Grid Services Players Revenue Ranking (2023)
2.2 Global Power Grid Services Revenue by Company (2019-2024)
2.3 Key Companies Power Grid Services Manufacturing Base Distribution and Headquarters
2.4 Key Companies Power Grid Services Product Offered
2.5 Key Companies Time to Begin Mass Production of Power Grid Services
2.6 Power Grid Services Market Competitive Analysis
2.6.1 Power Grid Services Market Concentration Rate (2019-2024)
2.6.2 Global 5 and 10 Largest Companies by Power Grid Services Revenue in 2023
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Power Grid Services as of 2023)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Reactive Power Compensation
3.1.2 Voltage Regulation
3.1.3 Flicker Control
3.1.4 Active Power Filtering
3.1.5 Harmonic Cancellation
3.2 Global Power Grid Services Sales Value by Type
3.2.1 Global Power Grid Services Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Power Grid Services Sales Value, by Type (2019-2030)
3.2.3 Global Power Grid Services Sales Value, by Type (%) (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Industrial Electricity
4.1.2 Residential Electricity
4.2 Global Power Grid Services Sales Value by Application
4.2.1 Global Power Grid Services Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Power Grid Services Sales Value, by Application (2019-2030)
4.2.3 Global Power Grid Services Sales Value, by Application (%) (2019-2030)
5 Segmentation by Region
5.1 Global Power Grid Services Sales Value by Region
5.1.1 Global Power Grid Services Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Power Grid Services Sales Value by Region (2019-2024)
5.1.3 Global Power Grid Services Sales Value by Region (2025-2030)
5.1.4 Global Power Grid Services Sales Value by Region (%), (2019-2030)
5.2 North America
5.2.1 North America Power Grid Services Sales Value, 2019-2030
5.2.2 North America Power Grid Services Sales Value by Country (%), 2023 VS 2030
5.3 Europe
5.3.1 Europe Power Grid Services Sales Value, 2019-2030
5.3.2 Europe Power Grid Services Sales Value by Country (%), 2023 VS 2030
5.4 Asia Pacific
5.4.1 Asia Pacific Power Grid Services Sales Value, 2019-2030
5.4.2 Asia Pacific Power Grid Services Sales Value by Country (%), 2023 VS 2030
5.5 South America
5.5.1 South America Power Grid Services Sales Value, 2019-2030
5.5.2 South America Power Grid Services Sales Value by Country (%), 2023 VS 2030
5.6 Middle East & Africa
5.6.1 Middle East & Africa Power Grid Services Sales Value, 2019-2030
5.6.2 Middle East & Africa Power Grid Services Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Power Grid Services Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Power Grid Services Sales Value
6.3 United States
6.3.1 United States Power Grid Services Sales Value, 2019-2030
6.3.2 United States Power Grid Services Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Power Grid Services Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Power Grid Services Sales Value, 2019-2030
6.4.2 Europe Power Grid Services Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Power Grid Services Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Power Grid Services Sales Value, 2019-2030
6.5.2 China Power Grid Services Sales Value by Type (%), 2023 VS 2030
6.5.3 China Power Grid Services Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Power Grid Services Sales Value, 2019-2030
6.6.2 Japan Power Grid Services Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Power Grid Services Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Power Grid Services Sales Value, 2019-2030
6.7.2 South Korea Power Grid Services Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Power Grid Services Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Power Grid Services Sales Value, 2019-2030
6.8.2 Southeast Asia Power Grid Services Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Power Grid Services Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Power Grid Services Sales Value, 2019-2030
6.9.2 India Power Grid Services Sales Value by Type (%), 2023 VS 2030
6.9.3 India Power Grid Services Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Siemens AG
7.1.1 Siemens AG Profile
7.1.2 Siemens AG Main Business
7.1.3 Siemens AG Power Grid Services Products, Services and Solutions
7.1.4 Siemens AG Power Grid Services Revenue (US$ Million) & (2019-2024)
7.1.5 Siemens AG Recent Developments
7.2 ABB Ltd
7.2.1 ABB Ltd Profile
7.2.2 ABB Ltd Main Business
7.2.3 ABB Ltd Power Grid Services Products, Services and Solutions
7.2.4 ABB Ltd Power Grid Services Revenue (US$ Million) & (2019-2024)
7.2.5 ABB Ltd Recent Developments
7.3 Aker Solutions ASA
7.3.1 Aker Solutions ASA Profile
7.3.2 Aker Solutions ASA Main Business
7.3.3 Aker Solutions ASA Power Grid Services Products, Services and Solutions
7.3.4 Aker Solutions ASA Power Grid Services Revenue (US$ Million) & (2019-2024)
7.3.5 Bandak Group AS Recent Developments
7.4 Bandak Group AS
7.4.1 Bandak Group AS Profile
7.4.2 Bandak Group AS Main Business
7.4.3 Bandak Group AS Power Grid Services Products, Services and Solutions
7.4.4 Bandak Group AS Power Grid Services Revenue (US$ Million) & (2019-2024)
7.4.5 Bandak Group AS Recent Developments
7.5 Cameron International Corp
7.5.1 Cameron International Corp Profile
7.5.2 Cameron International Corp Main Business
7.5.3 Cameron International Corp Power Grid Services Products, Services and Solutions
7.5.4 Cameron International Corp Power Grid Services Revenue (US$ Million) & (2019-2024)
7.5.5 Cameron International Corp Recent Developments
7.6 Dril-Quip Inc.
7.6.1 Dril-Quip Inc. Profile
7.6.2 Dril-Quip Inc. Main Business
7.6.3 Dril-Quip Inc. Power Grid Services Products, Services and Solutions
7.6.4 Dril-Quip Inc. Power Grid Services Revenue (US$ Million) & (2019-2024)
7.6.5 Dril-Quip Inc. Recent Developments
7.7 Expro International Group Holdings Limited
7.7.1 Expro International Group Holdings Limited Profile
7.7.2 Expro International Group Holdings Limited Main Business
7.7.3 Expro International Group Holdings Limited Power Grid Services Products, Services and Solutions
7.7.4 Expro International Group Holdings Limited Power Grid Services Revenue (US$ Million) & (2019-2024)
7.7.5 Expro International Group Holdings Limited Recent Developments
7.8 FMC Technologies Inc.
7.8.1 FMC Technologies Inc. Profile
7.8.2 FMC Technologies Inc. Main Business
7.8.3 FMC Technologies Inc. Power Grid Services Products, Services and Solutions
7.8.4 FMC Technologies Inc. Power Grid Services Revenue (US$ Million) & (2019-2024)
7.8.5 FMC Technologies Inc. Recent Developments
7.9 General Electric Co.
7.9.1 General Electric Co. Profile
7.9.2 General Electric Co. Main Business
7.9.3 General Electric Co. Power Grid Services Products, Services and Solutions
7.9.4 General Electric Co. Power Grid Services Revenue (US$ Million) & (2019-2024)
7.9.5 General Electric Co. Recent Developments
7.10 JDR Cable Systems (Holdings) Ltd
7.10.1 JDR Cable Systems (Holdings) Ltd Profile
7.10.2 JDR Cable Systems (Holdings) Ltd Main Business
7.10.3 JDR Cable Systems (Holdings) Ltd Power Grid Services Products, Services and Solutions
7.10.4 JDR Cable Systems (Holdings) Ltd Power Grid Services Revenue (US$ Million) & (2019-2024)
7.10.5 JDR Cable Systems (Holdings) Ltd Recent Developments
7.11 Nexans SA
7.11.1 Nexans SA Profile
7.11.2 Nexans SA Main Business
7.11.3 Nexans SA Power Grid Services Products, Services and Solutions
7.11.4 Nexans SA Power Grid Services Revenue (US$ Million) & (2019-2024)
7.11.5 Nexans SA Recent Developments
7.12 Norddeutsche Seekabelwerke Gmbh (NSW)
7.12.1 Norddeutsche Seekabelwerke Gmbh (NSW) Profile
7.12.2 Norddeutsche Seekabelwerke Gmbh (NSW) Main Business
7.12.3 Norddeutsche Seekabelwerke Gmbh (NSW) Power Grid Services Products, Services and Solutions
7.12.4 Norddeutsche Seekabelwerke Gmbh (NSW) Power Grid Services Revenue (US$ Million) & (2019-2024)
7.12.5 Norddeutsche Seekabelwerke Gmbh (NSW) Recent Developments
7.13 Oceaneering International Inc.
7.13.1 Oceaneering International Inc. Profile
7.13.2 Oceaneering International Inc. Main Business
7.13.3 Oceaneering International Inc. Power Grid Services Products, Services and Solutions
7.13.4 Oceaneering International Inc. Power Grid Services Revenue (US$ Million) & (2019-2024)
7.13.5 Oceaneering International Inc. Recent Developments
7.14 Parker Hannifin Corporation
7.14.1 Parker Hannifin Corporation Profile
7.14.2 Parker Hannifin Corporation Main Business
7.14.3 Parker Hannifin Corporation Power Grid Services Products, Services and Solutions
7.14.4 Parker Hannifin Corporation Power Grid Services Revenue (US$ Million) & (2019-2024)
7.14.5 Parker Hannifin Corporation Recent Developments
7.15 Prysmian Group
7.15.1 Prysmian Group Profile
7.15.2 Prysmian Group Main Business
7.15.3 Prysmian Group Power Grid Services Products, Services and Solutions
7.15.4 Prysmian Group Power Grid Services Revenue (US$ Million) & (2019-2024)
7.15.5 Prysmian Group Recent Developments
7.16 Schlumberger Limited
7.16.1 Schlumberger Limited Profile
7.16.2 Schlumberger Limited Main Business
7.16.3 Schlumberger Limited Power Grid Services Products, Services and Solutions
7.16.4 Schlumberger Limited Power Grid Services Revenue (US$ Million) & (2019-2024)
7.16.5 Schlumberger Limited Recent Developments
7.17 SIEM Offshore Contractors
7.17.1 SIEM Offshore Contractors Profile
7.17.2 SIEM Offshore Contractors Main Business
7.17.3 SIEM Offshore Contractors Power Grid Services Products, Services and Solutions
7.17.4 SIEM Offshore Contractors Power Grid Services Revenue (US$ Million) & (2019-2024)
7.17.5 SIEM Offshore Contractors Recent Developments
7.18 Technip SA
7.18.1 Technip SA Profile
7.18.2 Technip SA Main Business
7.18.3 Technip SA Power Grid Services Products, Services and Solutions
7.18.4 Technip SA Power Grid Services Revenue (US$ Million) & (2019-2024)
7.18.5 Technip SA Recent Developments
8 Industry Chain Analysis
8.1 Power Grid Services Industrial Chain
8.2 Power Grid Services Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Power Grid Services Sales Model
8.5.2 Sales Channel
8.5.3 Power Grid Services Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer