Smart Grid Market Expected to Grow at a CAGR of 9.2% by 2030

Smart Grid Market Expected to Grow at a CAGR of 9.2% by 2030

The "Strategic Intelligence: Smart Grid (2025)" report has been added to ResearchAndMarkets.com's offering. A smart grid is essential for enhanced power management as it employs digital communication to establish a bidirectional flow of electricity and information. This enables real-time monitoring and control, which enhances efficiency, reliability, and the integration of renewable energy sources.

Investment in transmission infrastructure is expanding swiftly in response to the rising demand for smart grids. Renewable energy integration with the grid has been a major driver for transmission investment. The analyst estimates the transmission investment is estimated to grow from $372.6 billion in 2025 to $573.7 billion in 2030 at a CAGR of 9.2%. Artificial Intelligence (AI) is enhancing the capabilities of smart grids by bolstering efficiency, reliability, and sustainability. This is achieved through the analysis of real-time data, accurate demand forecasting, predictive maintenance, and the smooth incorporation of renewable energy sources.

Report Scope

  • The report focuses on smart grid as a theme.
  • It provides an industry analysis on market size and growth forecast in power transmission.
  • The report provides an insight into how artificial intelligence will drive the smart grid.
  • It provides an overview of smart grid solutions for EV charging infrastructure.
  • The report briefs on the role of data centers in the smart grid.
  • It covers patent trends and deal trends in power.
  • The report briefs on smart grid benefits and its use cases in power utilities.
  • The report provides an insight into the crucial need for cybersecurity in the smart grid.
  • It contains details of M&A deals driven by the smart grid theme, and a timeline highlighting milestones for the smart grid.
  • The report focuses on the trends related to smart grid as a theme in technology, macroeconomic, and regulatory trends.
  • The report also includes an overview of competitive positions held by power utility companies adopting smart grid technology.

The report provides:

  • A detailed industry analysis on the growing market of smart grid in the power sector.
  • The report gives an insight into the leading players in smart grid and where they fit in the value chain.
  • The report gives an overview of the leaders and challengers in the smart grid value chain.
  • Technology briefing on submeters, advanced metering infrastructure (AMI), microgrid, smart appliances, home area network, energy management system, demand response, and electric vehicles.
  • A briefing on the detailed analysis of the smart grid value chain.
  • Company profiles of leading adopters of smart grid technology in the power sector.
  • An overview of how artificial intelligence will drive the smart grid in the power industry.
  • A snapshot of the power sector scorecard predicting the position of leading power companies in the smart grid theme.

Key Topics Covered

  • Executive Summary
  • Players
  • Technology Briefing
  • Trends
  • Industry Analysis
  • Signals
  • Value Chain
  • Companies
  • Sector Scorecards
  • Glossary

Company Coverage

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