Power Grid System Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine

Power Grid System Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine


The global power grid system market is expected to grow at a CAGR of around 9.6% during 2024-2033. This report on global power grid system market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global power grid system market by segmenting the market based on component, power supply and region. Also, detailed profiles of companies operating in the power grid system market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Growing Deepwater Gas and Oil Development
• Growing Government Initiatives

Market Challenges

• Low-cost Onshore Power Production

Historical & Forecast Period

Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033

Market by Components

• Cables
• Variable Speed Drivers
• Transformers
• Switchgears
• Other Components

Market by Power Supply

• Captive Generation
• Wind Power
• Tidal Power
• Solar Power
• Other Power Supplies

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa


1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global Power Grid System Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global Power Grid System Market Analysis
4.1. Market Portraiture
4.2. Market Product
4.3. Market Forecast
4.4. Impact of COVID-19
4.5. Impact of Russia-Ukraine War
5. Global Power Grid System Market by Components
5.1. Introduction
5.2. Cables
5.3. Variable Speed Drivers
5.4. Transformers
5.5. Switchgears
5.6. Other Components
6. Global Power Grid System Market by Power Supply
6.1. Introduction
6.2. Captive Generation
6.3. Wind Power
6.4. Tidal Power
6.5. Solar Power
6.6. Other Power Supplies
7. Global Power Grid System Market by Region
7.1. Introduction
7.2. Europe
7.2.1. Germany
7.2.2. United Kingdom
7.2.3. France
7.2.4. Italy
7.2.5. Spain
7.2.6. Russia
7.2.7. Netherlands
7.2.8. Rest of the Europe
7.3. North America
7.3.1. United States
7.3.2. Canada
7.4. Asia Pacific
7.4.1. China
7.4.2. Japan
7.4.3. India
7.4.4. South Korea
7.4.5. Australia
7.4.6. Indonesia
7.4.7. Rest of the Asia Pacific
7.5. Latin America
7.5.1. Mexico
7.5.2. Brazil
7.5.3. Argentina
7.5.4. Rest of Latin America
7.6. Middle East & Africa
7.6.1. Saudi Arabia
7.6.2. Turkey
7.6.3. Iran
7.6.4. United Arab Emirates
7.6.5. Rest of Middle East & Africa
8. SWOT Analysis
9. Porter’s Five Forces
10. Market Value Chain Analysis
11. Competitive Landscape
11.1. Competitive Scenario
11.2. Company Profiles
11.2.1. ABB Ltd
11.2.2. Aker Solutions ASA
11.2.3. Apar Industries
11.2.4. Baker Hughes
11.2.5. Belden Inc.
11.2.6. Furukawa Electric Co.
11.2.7. General Electric Company
11.2.8. Honeywell International Inc.
11.2.9. ltron, Inc.
11.2.10. NKT A/S
11.2.11. Schneider Electric SE
11.2.12. Siemens AG.
11.2.13. Sumitomo Electric Industries
11.2.14. TE Connectivity
11.2.15. Wipro Limited
List of Figures
Figure 1: Global Power Grid System Market (in US$ Million), 2019-2023
Figure 2: Global Power Grid System Market by Components, 2023
Figure 3: Global Power Grid System Market by Power Supply, 2023
Figure 4: Global Power Grid System Market by Region, 2023
Figure 5: Global Power Grid System Market (in US$ Million), 2024-2033
Figure 6: Global Power Grid System Market by Components (in %), 2023 & 2033
Figure 7: Global Cables Power Grid System Market (in US$ Million), 2019-2023
Figure 8: Global Cables Power Grid System Market (in US$ Million), 2024-2033
Figure 9: Global Variable Speed Drivers Power Grid System Market (in US$ Million), 2019-2023
Figure 10: Global Variable Speed Drivers Power Grid System Market (in US$ Million), 2024-2033
Figure 11: Global Transformers Power Grid System Market (in US$ Million), 2019-2023
Figure 12: Global Transformers Power Grid System Market (in US$ Million), 2024-2033
Figure 13: Global Switchgears Power Grid System Market (in US$ Million), 2019-2023
Figure 14: Global Switchgears Power Grid System Market (in US$ Million), 2024-2033
Figure 15: Global Other Components Power Grid System Market (in US$ Million), 2019-2023
Figure 16: Global Other Components Power Grid System Market (in US$ Million), 2024-2033
Figure 17: Global Power Grid System Market by Power Supply (in %), 2023 & 2033
Figure 18: Global Captive Generation Power Grid System Market (in US$ Million), 2019-2023
Figure 19: Global Captive Generation Power Grid System Market (in US$ Million), 2024-2033
Figure 20: Global Wind Power Grid System Market (in US$ Million), 2019-2023
Figure 21: Global Wind Power Grid System Market (in US$ Million), 2024-2033
Figure 22: Global Tidal Power Grid System Market (in US$ Million), 2019-2023
Figure 23: Global Tidal Power Grid System Market (in US$ Million), 2024-2033
Figure 24: Global Solar Power Grid System Market (in US$ Million), 2019-2023
Figure 25: Global Solar Power Grid System Market (in US$ Million), 2024-2033
Figure 26: Global Other Power Supplies Power Grid System Market (in US$ Million), 2019-2023
Figure 27: Global Other Power Supplies Power Grid System Market (in US$ Million), 2024-2033
Figure 28: Global Power Grid System Market by Region (in %), 2023 & 2033
Figure 29: Europe Power Grid System Market (in US$ Million), 2019-2023
Figure 30: Europe Power Grid System Market (in US$ Million), 2024-2033
Figure 31: Europe Power Grid System Market by Country (in %), 2023 & 2033
Figure 32: Germany Power Grid System Market (in US$ Million), 2019-2033
Figure 33: United Kingdom Power Grid System Market (in US$ Million), 2019-2033
Figure 34: France Power Grid System Market (in US$ Million), 2019-2033
Figure 35: Italy Power Grid System Market (in US$ Million), 2019-2033
Figure 36: Spain Power Grid System Market (in US$ Million), 2019-2033
Figure 37: Russia Power Grid System Market (in US$ Million), 2019-2033
Figure 38: Netherlands Power Grid System Market (in US$ Million), 2019-2033
Figure 39: North America Power Grid System Market (in US$ Million), 2019-2023
Figure 40: North America Power Grid System Market (in US$ Million), 2024-2033
Figure 41: North America Power Grid System Market by Country (in %), 2023 & 2033
Figure 42: United States Power Grid System Market (in US$ Million), 2019-2033
Figure 43: Canada Power Grid System Market (in US$ Million), 2019-2033
Figure 44: Asia Pacific Power Grid System Market (in US$ Million), 2019-2023
Figure 45: Asia Pacific Power Grid System Market (in US$ Million), 2024-2033
Figure 46: Asia Pacific Power Grid System Market by Country (in %), 2023 & 2033
Figure 47: China Power Grid System Market (in US$ Million), 2019-2033
Figure 48: Japan Power Grid System Market (in US$ Million), 2019-2033
Figure 49: India Power Grid System Market (in US$ Million), 2019-2033
Figure 50: South Korea Power Grid System Market (in US$ Million), 2019-2033
Figure 51: Australia Power Grid System Market (in US$ Million), 2019-2033
Figure 52: Indonesia Power Grid System Market (in US$ Million), 2019-2033
Figure 53: Latin America Power Grid System Market (in US$ Million), 2019-2023
Figure 54: Latin America Power Grid System Market (in US$ Million), 2024-2033
Figure 55: Latin America Power Grid System Market by Country (in %), 2023 & 2033
Figure 56: Mexico Power Grid System Market (in US$ Million), 2019-2033
Figure 57: Brazil Power Grid System Market (in US$ Million), 2019-2033
Figure 58: Argentina Power Grid System Market (in US$ Million), 2019-2033
Figure 59: Middle East & Africa Power Grid System Market (in US$ Million), 2019-2023
Figure 60: Middle East & Africa Power Grid System Market (in US$ Million), 2024-2033
Figure 61: Middle East & Africa Power Grid System Market by Country (in %), 2023 & 2033
Figure 62: Saudi Arabia Power Grid System Market (in US$ Million), 2019-2033
Figure 63: Turkey Power Grid System Market (in US$ Million), 2019-2033
Figure 64: Iran Power Grid System Market (in US$ Million), 2019-2033
Figure 65: UAE Power Grid System Market (in US$ Million), 2019-2033
Figure 66: Market Value Chain
List of Tables
Table 1: Global Power Grid System Market Portraiture
Table 2: Global Power Grid System Market by Components (in US$ Million), 2023 & 2033
Table 3: Global Power Grid System Market by Power Supply (in US$ Million), 2023 & 2033
Table 4: Global Power Grid System Market by Region (in US$ Million), 2023 & 2033
Table 5: Europe Power Grid System Market by Country (in US$ Million), 2023 & 2033
Table 6: North America Power Grid System Market by Country (in US$ Million), 2023 & 2033
Table 7: Asia Pacific Power Grid System Market by Country (in US$ Million), 2023 & 2033
Table 8: Latin America Power Grid System Market by Country (in US$ Million), 2023 & 2033
Table 9: Middle East & Africa Power Grid System Market by Country (in US$ Million),
2023 & 2033
Table 10: List of Key Players

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