Global Grid Edge Solutions Market Growth (Status and Outlook) 2024-2030
Grid edge solutions are widely used in microgrids and battery storage solutions that can integrate renewable energy into existing or isolated power grids, thereby reducing CO2 emissions and reliance on fossil fuels.
For many utilities that manage electric vehicle fleets, vehicle-to-grid (V2G) integration and grid stability can be achieved while reducing carbon emissions. Grid edge solutions can ensure that the energy network is ready when needed by providing a way to store energy and then transfer it back to the grid.
The global Grid Edge Solutions market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (LP Information)' newest research report, the “Grid Edge Solutions Industry Forecast” looks at past sales and reviews total world Grid Edge Solutions sales in 2022, providing a comprehensive analysis by region and market sector of projected Grid Edge Solutions sales for 2023 through 2029. With Grid Edge Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Grid Edge Solutions industry.
This Insight Report provides a comprehensive analysis of the global Grid Edge Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Grid Edge Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Grid Edge Solutions market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Grid Edge Solutions and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Grid Edge Solutions.
United States market for Grid Edge Solutions is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Grid Edge Solutions is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Grid Edge Solutions is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Grid Edge Solutions players cover Hitachi Energy, Siemens, Ericsson, Bentley Systems, Sentient Energy, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Grid Edge Solutions market by product type, application, key players and key regions and countries.
Segmentation by Type:
Integrated Version
Modular Version
Segmentation by Application:
Electrical
Energy
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Integrated Version
Modular Version
Segmentation by Application:
Electrical
Energy
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Hitachi Energy
Siemens
Ericsson
Bentley Systems
Sentient Energy
Emerson
Energy Systems Group
Please note: The report will take approximately 2 business days to prepare and deliver.