Power Grid System Market Size to Worth US$ 17.5 Billion by 2030 – Exclusive Report by Precedence Research

According to Precedence Research, during the forecast period of 2022 to 2030, the global power grid system market is estimated to develop at a compound annual growth rate (CAGR) of 7.28%. The global power grid system market was valued at USD 9.3 billion in 2021, and it is predicted to exceed USD 17.5 billion by 2030. The study investigates several elements and their consequences on the growth of the power grid system market.

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This report focuses on power grid system market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall power grid system market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.

The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Report Scope of the Power Grid System Market

In-Depth Analysis on Competitive Landscape

The report sheds light on leading manufacturers of power grid system, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of power grid system has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the power grid system market.

Some of the prominent players in the power grid system market include:

• ABB (Switzerland)
• Aker Solutions ASA (Norway)
• Apar Industries (India
• Baker Hughes (US)
• Deep C (Norway
• DEME (Denmark)
• Furukawa Electric Co., Ltd. (Japan)
• General Electric (US)
• Hitachi Energy (Switzerland
• Intertek Group (UK)
• J+S Subsea (UK)
• LS Cable & System (South Korea)
• Nexans (France)
• NKT (Denmark)
• Oceaneering International (US)
• Prysmian Group (Italy)
• Schlumberger (US
• Schneider Electric (France)
• Siemens Energy (Germany)
• SSG Cable (China)
• Sumitomo Electric Industries, Ltd. (Japan)
• TE Connectivity (Switzerland)
• TechnipFMC (UK)
• Teledyne Marine (US)
• ZTT (China)

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Segments Covered in the Report

By Components

• Cables
• Variable Speed Drives
• Transformers
• Switchgears
• Others (connectors, actuators, sensors, and penetrators)

By Application

• Captive Generation
• Wind Power
• Others (tidal power, solar power, and diesel & gas based floating power plants)

By Depth

• Shallow Water
• Deepwater

Regional Segmentation

• Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
• Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
• North America [United States, Canada, Mexico]
• South America [Brazil, Argentina, Columbia, Chile, Peru]
• Middle East & Africa [GCC, North Africa, South Africa]

Some of the important ones are:

• What can be the best investment choices for venturing into new product and service lines?
• What value propositions should businesses aim at while making new research and development funding?
• Which regulations will be most helpful for stakeholders to boost their supply chain network?
• Which regions might see the demand maturing in certain segments in near future?
• What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
• Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
• Which government regulations might challenge the status of key regional markets?
• How will the emerging political and economic scenario affect opportunities in key growth areas?
• What are some of the value-grab opportunities in various segments?
• What will be the barrier to entry for new players in the market?

Table of Contents

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Power Grid System Market 

5.1. COVID-19 Landscape: Power Grid System Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Power Grid System Market, By Components

8.1. Power Grid System Market, by Components, 2022-2030

8.1.1 Cables

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Variable Speed Drives

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Transformers

8.1.3.1. Market Revenue and Forecast (2017-2030)

8.1.4. Switchgears

8.1.4.1. Market Revenue and Forecast (2017-2030)

8.1.5. Others (connectors, actuators, sensors, and penetrators)

8.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Power Grid System Market, By Application

9.1. Power Grid System Market, by Application, 2022-2030

9.1.1. Captive Generation

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. Wind Power

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. Others (tidal power, solar power, and diesel & gas based floating power plants)

9.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Power Grid System Market, By Depth 

10.1. Power Grid System Market, by Depth, 2022-2030

10.1.1. Shallow Water

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Deepwater

10.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Power Grid System Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Components (2017-2030)

11.1.2. Market Revenue and Forecast, by Application (2017-2030)

11.1.3. Market Revenue and Forecast, by Depth (2017-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Components (2017-2030)

11.1.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.1.4.3. Market Revenue and Forecast, by Depth (2017-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Components (2017-2030)

11.1.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.1.5.3. Market Revenue and Forecast, by Depth (2017-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Components (2017-2030)

11.2.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.3. Market Revenue and Forecast, by Depth (2017-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Components (2017-2030)

11.2.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.4.3. Market Revenue and Forecast, by Depth (2017-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Components (2017-2030)

11.2.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.5.3. Market Revenue and Forecast, by Depth (2017-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Components (2017-2030)

11.2.6.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.6.3. Market Revenue and Forecast, by Depth (2017-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Components (2017-2030)

11.2.7.2. Market Revenue and Forecast, by Application (2017-2030)

11.2.7.3. Market Revenue and Forecast, by Depth (2017-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Components (2017-2030)

11.3.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.3. Market Revenue and Forecast, by Depth (2017-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Components (2017-2030)

11.3.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.4.3. Market Revenue and Forecast, by Depth (2017-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Components (2017-2030)

11.3.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.5.3. Market Revenue and Forecast, by Depth (2017-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Components (2017-2030)

11.3.6.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.6.3. Market Revenue and Forecast, by Depth (2017-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Components (2017-2030)

11.3.7.2. Market Revenue and Forecast, by Application (2017-2030)

11.3.7.3. Market Revenue and Forecast, by Depth (2017-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Components (2017-2030)

11.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.3. Market Revenue and Forecast, by Depth (2017-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Components (2017-2030)

11.4.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.4.3. Market Revenue and Forecast, by Depth (2017-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Components (2017-2030)

11.4.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.5.3. Market Revenue and Forecast, by Depth (2017-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Components (2017-2030)

11.4.6.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.6.3. Market Revenue and Forecast, by Depth (2017-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Components (2017-2030)

11.4.7.2. Market Revenue and Forecast, by Application (2017-2030)

11.4.7.3. Market Revenue and Forecast, by Depth (2017-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Components (2017-2030)

11.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.5.3. Market Revenue and Forecast, by Depth (2017-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Components (2017-2030)

11.5.4.2. Market Revenue and Forecast, by Application (2017-2030)

11.5.4.3. Market Revenue and Forecast, by Depth (2017-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Components (2017-2030)

11.5.5.2. Market Revenue and Forecast, by Application (2017-2030)

11.5.5.3. Market Revenue and Forecast, by Depth (2017-2030)

Chapter 12. Company Profiles

12.1. ABB (Switzerland)

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Aker Solutions ASA (Norway)

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Apar Industries (India

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Baker Hughes (US)

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Deep C (Norway

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. DEME (Denmark)

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Furukawa Electric Co., Ltd. (Japan)

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. General Electric (US)

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Hitachi Energy (Switzerland

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Intertek Group (UK)

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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