Global Smart Solar Market Analysis & Trends - Industry Forecast to 2030

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,200	200 Pages	Accuray Research LLP	July, 2024	AGLP19013870

Best Price Guarantee
Price	from $4,200
Length	200 Pages
Publisher	Accuray Research LLP
Published Date	July, 2024
SKU	AGLP19013870

Global Smart Solar Market Analysis & Trends - Industry Forecast to 2030

Smart Solar: Market Size

From $26.95 billion in 2024, the global Smart Solar market is projected to reach $78.09 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 19.4% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include evolving solar industry, increasing demand from commercial and industrial segments, and growing government support.

Global Smart Solar Market: Market Dynamics

Comparing to traditional solar systems, smart solar systems help in minimizing wastage and utilizes the power in the best way possible. This feature of the smart solar systems helps industrial growth and minimizes the costs required for energy production. Industrial and residential end-users demand more energy for their industrial and commercial activities. As the natural energy resources are depleting by over usage, controlling the energy consumption and switching to more efficient and cleaner energy sources is crucial.

On the other hand, the requirement of higher initial costs and higher maintenance costs is likely to obstruct the profit boundaries. In addition, increasing environmental awareness will further boost for the Smart Solar market.

Impact of COVID-19 on Smart Solar

The COVID 19 and pandemic situation has created a huge impact on several industrial sectors concerning their production line, sales, and revenue. The renewable energy generation sectors are hugely dependent on imports from other countries. As the production in China has slowed down, the industries that relied on raw materials also are affected.

By Solution

Asset Management Segment Dominate the Market in 2024

The asset management segment made huge revenue in 2024 and growing its prominence during the forecast period. This growth of this segment is attributed to the technological advancement and strict regulatory mandates across North America and Europe.

By Geography

North America Region is Leading in the Global Market Place

North America region is likely to have a huge demand in the forecast period owing to the technological advancements and early adoption of smart solar solutions and services in the region.

List of the Key Players Profiled in the Market Include:

• ABB Group
• Siemens AG
• GE Power
• Schneider Electric
• Itron Inc.
• Echelon Corporation
• Landis+GYR AG
• Sensus USA, Inc.
• Silver Spring Networks Inc.
• Urban Green Energy (UGE) International

List of the Regions/Countries Profiled in the Market Include:

North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others

1 Market Outline: 1.1 Definition; 1.2 Market Segmentation & Scope; 1.3 Market Trends; 1.4 Regulatory Factors; 1.5 Product Analysis; 1.6 Application Analysis; 1.7 End User Analysis; 1.8 Strategic Benchmarking; 1.9 Opportunity Analysis
2 Executive Summary
3 Research Methodology and Data Source: 3.1 Methodology/Research Approach; 3.1.1 Research Programs/Design; 3.1.2 Market Size Estimation; 3.2 Data Source and Assumptions; 3.2.1 Purchased Database; 3.2.2 Company Repository; 3.2.3 Secondary Sources; 3.2.4 Primary Research; 3.2.5 List of Assumptions
4 Market Overview: 4.1 Current Trends; 4.1.1 Evolving Solar Industry; 4.1.2 Increasing Demand from Commercial and Industrial Segments; 4.1.3 Growing Government Support; 4.1.4 Growth Opportunities/Investment Opportunities; 4.2 Drivers; 4.3 Constraints; 4.4 Impact of COVID-19
5 Market Factor Analysis: 5.1 Porters Five Forces; 5.1.1 Bargaining power of suppliers; 5.1.2 Bargaining power of buyers; 5.1.3 Threat of substitutes; 5.1.4 Threat of new entrants; 5.1.5 Competitive rivalry; 5.2 Value Chain Analysis/Supply Chain Analysis
6 Consumer behaviour analysis/Consumer Research: 6.1 Consumer trends and preferences; 6.2 Factors affecting buying decision; 6.3 Consumer product adoption; 6.4 Observation & Recommendations
7 Smart Solar Market, By Product: 7.1 Photovoltaic Panels; DATA TABLE Photovoltaic Panels Market Forecast to 2030 (US$ MN); 7.2 Photovoltaic Cells; DATA TABLE Photovoltaic Cells Market Forecast to 2030 (US$ MN); 7.3 Generators; DATA TABLE Generators Market Forecast to 2030 (US$ MN); 7.4 Invertors; DATA TABLE Invertors Market Forecast to 2030 (US$ MN)
8 Smart Solar Market, By Device: 8.1 Smart Solar Meters; DATA TABLE Smart Solar Meters Market Forecast to 2030 (US$ MN); 8.1.1 Advanced Metering Infrastructure (AMI) Meters; DATA TABLE Advanced Metering Infrastructure (AMI) Meters Market Forecast to 2030 (US$ MN); 8.1.2 Automatic Meter Reading (AMR) Meters; DATA TABLE Automatic Meter Reading (AMR) Meters Market Forecast to 2030 (US$ MN); 8.2 IntelliGrid; DATA TABLE IntelliGrid Market Forecast to 2030 (US$ MN); 8.3 Radio Frequency Identification (RFID); DATA TABLE Radio Frequency Identification (RFID) Market Forecast to 2030 (US$ MN)
9 Smart Solar Market, By Solution: 9.1 Network Monitoring; DATA TABLE Network Monitoring Market Forecast to 2030 (US$ MN); 9.2 Integration/Platform Monitoring; DATA TABLE Integration/Platform Monitoring Market Forecast to 2030 (US$ MN); 9.3 Information Technology and Analytics; DATA TABLE Information Technology and Analytics Market Forecast to 2030 (US$ MN); 9.4 Supervisory Control and Data Acquisition (SCADA); DATA TABLE Supervisory Control and Data Acquisition (SCADA) Market Forecast to 2030 (US$ MN); 9.5 Asset Management; DATA TABLE Asset Management Market Forecast to 2030 (US$ MN); 9.6 Automation; DATA TABLE Automation Market Forecast to 2030 (US$ MN); 9.7 Communication; DATA TABLE Communication Market Forecast to 2030 (US$ MN); 9.8 Analytics; DATA TABLE Analytics Market Forecast to 2030 (US$ MN); 9.9 Remote Metering; DATA TABLE Remote Metering Market Forecast to 2030 (US$ MN); 9.9.1 Meter Data Management; DATA TABLE Meter Data Management Market Forecast to 2030 (US$ MN); 9.9.2 Outage Management; DATA TABLE Outage Management Market Forecast to 2030 (US$ MN)
10 Smart Solar Market, By Service: 10.1 System Integration and Deployment; DATA TABLE System Integration and Deployment Market Forecast to 2030 (US$ MN); 10.2 Consulting; DATA TABLE Consulting Market Forecast to 2030 (US$ MN); 10.3 Support and Maintenance; DATA TABLE Support and Maintenance Market Forecast to 2030 (US$ MN); 10.4 Demand Response; DATA TABLE Demand Response Market Forecast to 2030 (US$ MN)
11 Smart Solar Market, By Application: 11.1 Residential; DATA TABLE Residential Market Forecast to 2030 (US$ MN); 11.2 Commercial; DATA TABLE Commercial Market Forecast to 2030 (US$ MN); 11.3 Industrial; DATA TABLE Industrial Market Forecast to 2030 (US$ MN)
12 Smart Solar Market, By End User: 12.1 Healthcare; DATA TABLE Healthcare Market Forecast to 2030 (US$ MN); 12.2 Government; DATA TABLE Government Market Forecast to 2030 (US$ MN); 12.3 Agriculture; DATA TABLE Agriculture Market Forecast to 2030 (US$ MN); 12.4 Construction; DATA TABLE Construction Market Forecast to 2030 (US$ MN); 12.5 Education; DATA TABLE Education Market Forecast to 2030 (US$ MN); 12.6 Utilities; DATA TABLE Utilities Market Forecast to 2030 (US$ MN)
13 Smart Solar Market, By Geography: 13.1 North America; DATA TABLE North America Market Forecast by Countries to 2030 (US$ MN); 13.1.1 US; 13.1.2 Canada; 13.1.3 Mexico; 13.2 Europe; DATA TABLE Europe Market Forecast by Countries to 2030 (US$ MN); 13.2.1 Germany; 13.2.2 U.K; 13.2.3 Italy; 13.2.4 France; 13.2.5 Spain; 13.2.6 Rest of Europe; 13.3 Asia Pacific; DATA TABLE Asia Pacific Market Forecast by Countries to 2030 (US$ MN); 13.3.1 China; 13.3.2 Japan; 13.3.3 India; 13.3.4 Australia; 13.3.5 New Zealand; 13.3.6 Rest of Asia Pacific; 13.4 Middle East; DATA TABLE Middle East Market Forecast by Countries to 2030 (US$ MN); 13.4.1 Saudi Arabia; 13.4.2 UAE; 13.4.3 Rest of Middle East; 13.5 Latin America; DATA TABLE Latin America Market Forecast by Countries to 2030 (US$ MN); 13.5.1 Argentina; 13.5.2 Brazil; 13.5.3 Rest of Latin America; 13.6 Rest of the World (RoW); DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2030 (US$ MN); 13.6.1 South Africa; 13.6.2 Others
14 Key Player Activities: 14.1 Acquisitions & Mergers; 14.2 Agreements, Partnerships, Collaborations and Joint Ventures; 14.3 Product Launch & Expansions; 14.4 Other Activities
15 Leading Companies: 15.1 ABB Group; 15.2 Siemens AG; 15.3 GE Power; 15.4 Schneider Electric; 15.5 Itron Inc.; 15.6 Echelon Corporation; 15.7 Landis+GYR AG; 15.8 Sensus USA, Inc.; 15.9 Silver Spring Networks Inc.; 15.10 Urban Green Energy (UGE) International
List of Tables: Table 1 Global Smart Solar Market By Region, Market Forecast (2022-2030) (US $MN); Table 2 Global Smart Solar Market By Product, Market Forecast (2022-2030) (US $MN); Table 3 Global Smart Solar Market By Photovoltaic Panels, Market Forecast (2022-2030) (US $MN); Table 4 Global Smart Solar Market By Photovoltaic Cells, Market Forecast (2022-2030) (US $MN); Table 5 Global Smart Solar Market By Generators, Market Forecast (2022-2030) (US $MN); Table 6 Global Smart Solar Market By Invertors, Market Forecast (2022-2030) (US $MN); Table 7 Global Smart Solar Market By Device, Market Forecast (2022-2030) (US $MN); Table 8 Global Smart Solar Market By Smart Solar Meters, Market Forecast (2022-2030) (US $MN); Table 9 Global Smart Solar Market By Advanced Metering Infrastructure (AMI) Meters, Market Forecast (2022-2030) (US $MN); Table 10 Global Smart Solar Market By Automatic Meter Reading (AMR) Meters, Market Forecast (2022-2030) (US $MN); Table 11 Global Smart Solar Market By IntelliGrid, Market Forecast (2022-2030) (US $MN); Table 12 Global Smart Solar Market By Radio Frequency Identification (RFID), Market Forecast (2022-2030) (US $MN); Table 13 Global Smart Solar Market By Solution, Market Forecast (2022-2030) (US $MN); Table 14 Global Smart Solar Market By Network Monitoring, Market Forecast (2022-2030) (US $MN); Table 15 Global Smart Solar Market By Integration/Platform Monitoring, Market Forecast (2022-2030) (US $MN); Table 16 Global Smart Solar Market By Information Technology and Analytics, Market Forecast (2022-2030) (US $MN); Table 17 Global Smart Solar Market By Supervisory Control and Data Acquisition (SCADA), Market Forecast (2022-2030) (US $MN); Table 18 Global Smart Solar Market By Asset Management, Market Forecast (2022-2030) (US $MN); Table 19 Global Smart Solar Market By Automation, Market Forecast (2022-2030) (US $MN); Table 20 Global Smart Solar Market By Communication, Market Forecast (2022-2030) (US $MN); Table 21 Global Smart Solar Market By Analytics, Market Forecast (2022-2030) (US $MN); Table 22 Global Smart Solar Market By Remote Metering, Market Forecast (2022-2030) (US $MN); Table 23 Global Smart Solar Market By Meter Data Management, Market Forecast (2022-2030) (US $MN); Table 24 Global Smart Solar Market By Outage Management, Market Forecast (2022-2030) (US $MN); Table 25 Global Smart Solar Market By Service, Market Forecast (2022-2030) (US $MN); Table 26 Global Smart Solar Market By System Integration and Deployment, Market Forecast (2022-2030) (US $MN); Table 27 Global Smart Solar Market By Consulting, Market Forecast (2022-2030) (US $MN); Table 28 Global Smart Solar Market By Support and Maintenance, Market Forecast (2022-2030) (US $MN); Table 29 Global Smart Solar Market By Demand Response, Market Forecast (2022-2030) (US $MN); Table 30 Global Smart Solar Market By Application, Market Forecast (2022-2030) (US $MN); Table 31 Global Smart Solar Market By Residential, Market Forecast (2022-2030) (US $MN); Table 32 Global Smart Solar Market By Commercial, Market Forecast (2022-2030) (US $MN); Table 33 Global Smart Solar Market By Industrial, Market Forecast (2022-2030) (US $MN); Table 34 Global Smart Solar Market By End User, Market Forecast (2022-2030) (US $MN); Table 35 Global Smart Solar Market By Healthcare, Market Forecast (2022-2030) (US $MN); Table 36 Global Smart Solar Market By Government, Market Forecast (2022-2030) (US $MN); Table 37 Global Smart Solar Market By Agriculture, Market Forecast (2022-2030) (US $MN); Table 38 Global Smart Solar Market By Construction, Market Forecast (2022-2030) (US $MN); Table 39 Global Smart Solar Market By Education, Market Forecast (2022-2030) (US $MN); Table 40 Global Smart Solar Market By Utilities, Market Forecast (2022-2030) (US $MN); NOTE: Tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World are represented in the same manner above.