Analysts’ Viewpoint on Smart Power Distribution Systems Market Scenario
Growth and developments of grid infrastructure, increase in demand for integration of renewable energy sources, high grid reliability, and efficient outage response have increased the penetration of smart power distribution systems globally. The global smart power distribution systems market is significantly driven by factors such as rising number of oil & gas industries, along with continuous technological advancements. Consumers are rapidly adopting various smart grid solutions, as smart grid solutions allow electrical appliances to be automatically controlled and also reduce the overall cost of electricity. The significant presence of market players operating in the smart power distribution systems market is also contributing to the market growth during the forecast period.
The software segment is expected to dominate during the forecast period due to increasing implementation of various advanced automated software in order to manage rising power consumption, power outages, fault detection, and power theft. Software allows utilities to reduce the overall production cost by eliminating human errors. Many countries across the globe are focusing on developing and refining grid infrastructure, including advanced metering, distribute on automation, substation automation, ubiquitous communications networks, micro grids, and DER integration. The industrial segment is expected to expand at a significant CAGR during the forecast period. Increasing IT spending and grid infrastructure development in North America and Asia Pacific are driving the smart power distribution systems market in the region.
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The advanced metering infrastructure segment is expected to hold major share of the global market during the forecast period due to the rising adoption of AMI meters in order to increase operational efficiencies and customer service. Furthermore, a large number of utilities are rapidly installing AMI meters in order to generate more accurate bills and automatically and wirelessly send actual energy usage to the consumer, which, in turn, has boosted the advanced metering infrastructure segment across different regions of the world.
Smart power distribution systems are designed to deliver power from substations to customers. Efficient delivery and reliability of service are crucial measures for distribution systems. Destructive hurricanes, winter storms, and other extreme weather events, resulting from global climate change, may further challenge the reliable operation of distribution systems. In order to minimize the impact of these events on reliable power supply, governments and utilities are making an effort toward smart distribution systems (SDSs) through grid modernization.
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The adoption of smart power distribution solution by utilities is rising due to the increasing need for savings in capital expenditure (CapEx) and operational expenditure (OpEx). The growing consumer demand for high speed data networks for reliable connectivity and mobility has fueled the demand for smart power distribution systems solutions. Numerous advancements in the networking industry and various benefits provided by automation technologies are likely expected to boost the demand for smart power distribution systems solutions. The U.S. is expected to hold a prominent share of the smart power distribution systems market.
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North America is projected to dominate the global smart power distribution systems market during the forecast period. This is due to technological advancements and presence of a large number of grid automation solution providers in the region. Power grid solutions and services providers in North America are collaborating with each other and focusing on offering various advanced technology solutions to consumers, owing to rise in usage of power in the region. In North America, a large number of utilities are increasingly investing in smart grid technologies in order to improve operational efficiency and customer service.
The demand for smart power distribution solutions in APAC is likely to remain concentrated in China and India, owing to a larger consumer base in these countries. The market in India is estimated to expand at a significant CAGR among the countries in Asia Pacific during the forecast period owing to the surging need to improve the grid infrastructure and reduce power outages. Several countries in APAC are still using traditional power distribution systems, which are expected to shift toward smart grid solutions.
Attribute |
Detail |
Market Size Value in 2020 (Base Year) |
US$ 23.8 Bn |
Market Forecast Value in 2031 |
US$ 96.1 Bn |
Growth Rate (CAGR) |
13.9% |
Forecast Period |
2021-2031 |
Quantitative Units |
US$ Bn for Value |
Market analysis |
It includes cross segment analysis at the global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces Analysis, supply chain analysis, parent industry overview, etc. |
Competition Landscape |
|
Format |
Electronic (PDF) or word + Excel |
Regions Covered |
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Countries Covered |
|
Market Segmentation |
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Companies Profiled |
|
Customization Scope |
Available upon Request |
Pricing |
Available upon Request |
Smart Power Distribution Systems Market – Segmentation
Component |
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Application |
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Region |
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TMR’s study of the global smart power distribution systems market segments the market based on component, application, and region. Changing market trends and other crucial market dynamics associated with segments of the global smart power distribution systems market have been discussed in detail in TMR’s study.
Smart Power Distribution Systems Market is projected to reach US$ 96.1 Bn by the end of 2031
Smart Power Distribution Systems Market is expected to grow at a CAGR of 13.9% during 2021-2031
Smart Power Distribution Systems Market is studied from 2021-2031
Key vendors in the Smart Power Distribution Systems Market are ABB Ltd., Aclara Technologies LLC., Cisco Systems Inc., Eaton Corporation, Fuji Electric Co., Ltd, General Electric Company, Honeywell International Inc., Itron Inc., Landis+Gyr AG, Schneider Electric SE, and Siemens AG.
North America region Takes Lead in the Smart Power Distribution Systems Market
1. Preface
1.1. Market Introduction
1.2. Market and Segments Definition
1.3. Market Taxonomy
1.4. Research Methodology
1.5. Assumption and Acronyms
2. Executive Summary
2.1. Global Smart Power Distribution Systems Market Analysis and Forecast
2.2. Regional Outline
2.3. Market Dynamics Snapshot
2.4. Competition Blueprint
3. Market Dynamics
3.1. Macro-economic Factors
3.2. Key Market Indicator
3.3. Drivers
3.4. Market Restraints and Opportunities
3.5. Market Trends
4. Associated Industry and Key Indicator Assessment
4.1. Parent Industry Overview – Energy & Power Industry Overview
4.2. Supply Chain Analysis
4.3. Industry SWOT Analysis
4.4. Porter Five Forces Analysis
4.5. COVID-19 Impact Analysis
5. Global Smart Power Distribution Systems Market Analysis, by Component
5.1. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Component, 2017 – 2031
5.1.1. Software
5.1.1.1. Advanced Metering Infrastructure
5.1.1.2. Smart Grid Communication
5.1.1.3. Substation Automation
5.1.1.4. Billing Information System
5.1.1.5. Energy Management
5.1.1.6. Cloud-based Applications
5.1.2. Hardware
5.1.2.1. AMI Meters
5.1.2.2. Programmable Logic Controller (PLC)
5.1.2.3. Intelligent Power Distribution Unit
5.1.2.4. Others (Sensors, Protection and Control Relays, etc.)
5.1.3. Services
5.1.3.1. Deployment and Integration
5.1.3.2. Consultant
5.1.3.3. Maintenance
5.2. Market Attractiveness Analysis, by Component
6. Global Smart Power Distribution Systems Market Analysis, by Application
6.1. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Application, 2017 – 2031
6.1.1. Commercial
6.1.2. Residential
6.1.3. Industrial
6.1.3.1. Automotive
6.1.3.2. Pharmaceutical
6.1.3.3. Chemical
6.1.3.4. Food & Beverage
6.1.3.5. Others (Healthcare, Marine, etc.)
6.2. Market Attractiveness Analysis, by Application
7. Global Smart Power Distribution Systems Market Analysis and Forecast, by Region
7.1. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Region, 2017 – 2031
7.1.1. North America
7.1.2. Europe
7.1.3. Asia Pacific
7.1.4. Middle East & Africa
7.1.5. South America
7.2. Market Attractiveness Analysis, by Region
8. North America Smart Power Distribution Systems Market Analysis and Forecast
8.1. Market Snapshot
8.2. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Component, 2017 – 2031
8.2.1. Software
8.2.1.1. Advanced Metering Infrastructure
8.2.1.2. Smart Grid Communication
8.2.1.3. Substation Automation
8.2.1.4. Billing Information System
8.2.1.5. Energy Management
8.2.1.6. Cloud-based Applications
8.2.2. Hardware
8.2.2.1. AMI Meters
8.2.2.2. Programmable Logic Controller (PLC)
8.2.2.3. Intelligent Power Distribution Unit
8.2.2.4. Others (Sensors, Protection and Control Relays, etc.)
8.2.3. Services
8.2.3.1. Deployment and Integration
8.2.3.2. Consultant
8.2.3.3. Maintenance
8.3. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Application, 2017 – 2031
8.3.1. Commercial
8.3.2. Residential
8.3.3. Industrial
8.3.3.1. Automotive
8.3.3.2. Pharmaceutical
8.3.3.3. Chemical
8.3.3.4. Food & Beverage
8.3.3.5. Others (Healthcare, Marine, etc.)
8.4. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Country & Sub-region, 2017 – 2031
8.4.1. U.S.
8.4.2. Canada
8.4.3. Rest of North America
8.5. Market Attractiveness Analysis
8.5.1. By Component
8.5.2. By Application
8.5.3. By Country
9. Europe Smart Power Distribution Systems Market Analysis and Forecast
9.1. Market Snapshot
9.2. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Component, 2017 – 2031
9.2.1. Software
9.2.1.1. Advanced Metering Infrastructure
9.2.1.2. Smart Grid Communication
9.2.1.3. Substation Automation
9.2.1.4. Billing Information System
9.2.1.5. Energy Management
9.2.1.6. Cloud-based Applications
9.2.2. Hardware
9.2.2.1. AMI Meters
9.2.2.2. Programmable Logic Controller (PLC)
9.2.2.3. Intelligent Power Distribution Unit
9.2.2.4. Others (Sensors, Protection and Control Relays, etc.)
9.2.3. Services
9.2.3.1. Deployment and Integration
9.2.3.2. Consultant
9.2.3.3. Maintenance
9.3. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Application, 2017 – 2031
9.3.1. Commercial
9.3.2. Residential
9.3.3. Industrial
9.3.3.1. Automotive
9.3.3.2. Pharmaceutical
9.3.3.3. Chemical
9.3.3.4. Food & Beverage
9.3.3.5. Others (Healthcare, Marine, etc.)
9.4. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Country & Sub-region, 2017 – 2031
9.4.1. U.K.
9.4.2. Germany
9.4.3. France
9.4.4. Rest of Europe
9.5. Market Attractiveness Analysis
9.5.1. By Component
9.5.2. By Application
9.5.3. By Country
10. Asia Pacific Smart Power Distribution Systems Market Analysis and Forecast
10.1. Market Snapshot
10.2. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Component, 2017 – 2031
10.2.1. Software
10.2.1.1. Advanced Metering Infrastructure
10.2.1.2. Smart Grid Communication
10.2.1.3. Substation Automation
10.2.1.4. Billing Information System
10.2.1.5. Energy Management
10.2.1.6. Cloud-based Applications
10.2.2. Hardware
10.2.2.1. AMI Meters
10.2.2.2. Programmable Logic Controller (PLC)
10.2.2.3. Intelligent Power Distribution Unit
10.2.2.4. Others (Sensors, Protection and Control Relays, etc.)
10.2.3. Services
10.2.3.1. Deployment and Integration
10.2.3.2. Consultant
10.2.3.3. Maintenance
10.3. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Application, 2017 – 2031
10.3.1. Commercial
10.3.2. Residential
10.3.3. Industrial
10.3.3.1. Automotive
10.3.3.2. Pharmaceutical
10.3.3.3. Chemical
10.3.3.4. Food & Beverage
10.3.3.5. Others (Healthcare, Marine, etc.)
10.4. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Country & Sub-region, 2017 – 2031
10.4.1. China
10.4.2. India
10.4.3. Japan
10.4.4. South Korea
10.4.5. ASEAN
10.4.6. Rest of Asia Pacific
10.5. Market Attractiveness Analysis
10.5.1. By Component
10.5.2. By Application
10.5.3. By Country
11. Middle East & Africa (MEA) Smart Power Distribution Systems Market Analysis and Forecast
11.1. Market Snapshot
11.2. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Component, 2017 – 2031
11.2.1. Software
11.2.1.1. Advanced Metering Infrastructure
11.2.1.2. Smart Grid Communication
11.2.1.3. Substation Automation
11.2.1.4. Billing Information System
11.2.1.5. Energy Management
11.2.1.6. Cloud-based Applications
11.2.2. Hardware
11.2.2.1. AMI Meters
11.2.2.2. Programmable Logic Controller (PLC)
11.2.2.3. Intelligent Power Distribution Unit
11.2.2.4. Others (Sensors, Protection and Control Relays, etc.)
11.2.3. Services
11.2.3.1. Deployment and Integration
11.2.3.2. Consultant
11.2.3.3. Maintenance
11.3. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Application, 2017 – 2031
11.3.1. Commercial
11.3.2. Residential
11.3.3. Industrial
11.3.3.1. Automotive
11.3.3.2. Pharmaceutical
11.3.3.3. Chemical
11.3.3.4. Food & Beverage
11.3.3.5. Others (Healthcare, Marine, etc.)
11.4. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Country & Sub-region, 2017 – 2031
11.4.1. GCC
11.4.2. South Africa
11.4.3. Rest of Middle East & Africa
11.5. Market Attractiveness Analysis
11.5.1. By Component
11.5.2. By Application
11.5.3. By Country
12. South America Smart Power Distribution Systems Market Analysis and Forecast
12.1. Market Snapshot
12.2. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Component, 2017 – 2031
12.2.1. Software
12.2.1.1. Advanced Metering Infrastructure
12.2.1.2. Smart Grid Communication
12.2.1.3. Substation Automation
12.2.1.4. Billing Information System
12.2.1.5. Energy Management
12.2.1.6. Cloud-based Applications
12.2.2. Hardware
12.2.2.1. AMI Meters
12.2.2.2. Programmable Logic Controller (PLC)
12.2.2.3. Intelligent Power Distribution Unit
12.2.2.4. Others (Sensors, Protection and Control Relays, etc.)
12.2.3. Services
12.2.3.1. Deployment and Integration
12.2.3.2. Consultant
12.2.3.3. Maintenance
12.3. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Application, 2017 – 2031
12.3.1. Commercial
12.3.2. Residential
12.3.3. Industrial
12.3.3.1. Automotive
12.3.3.2. Pharmaceutical
12.3.3.3. Chemical
12.3.3.4. Food & Beverage
12.3.3.5. Others (Healthcare, Marine, etc.)
12.4. Smart Power Distribution Systems Market Size (US$ Mn) Analysis and Forecast, by Country & Sub-region, 2017 – 2031
12.4.1. Brazil
12.4.2. Rest of South America
12.5. Market Attractiveness Analysis
12.5.1. By Component
12.5.2. By Application
12.5.3. By Country
13. Competition Assessment
13.1. Global Smart Power Distribution Systems Market Competition Matrix - a Dashboard View
13.1.1. Global Smart Power Distribution Systems Market Company Share Analysis, by Value (2020)
13.1.2. Technological Differentiator
14. Company Profiles (Manufacturers/Suppliers)
14.1. ABB Ltd.
14.1.1. Overview
14.1.2. Product Portfolio
14.1.3. Sales Footprint
14.1.4. Key Subsidiaries or Distributors
14.1.5. Strategy and Recent Developments
14.1.6. Key Financials
14.2. Aclara Technologies LLC.
14.2.1. Overview
14.2.2. Product Portfolio
14.2.3. Sales Footprint
14.2.4. Key Subsidiaries or Distributors
14.2.5. Strategy and Recent Developments
14.2.6. Key Financials
14.3. Cisco Systems Inc.
14.3.1. Overview
14.3.2. Product Portfolio
14.3.3. Sales Footprint
14.3.4. Key Subsidiaries or Distributors
14.3.5. Strategy and Recent Developments
14.3.6. Key Financials
14.4. Eaton Corporation
14.4.1. Overview
14.4.2. Product Portfolio
14.4.3. Sales Footprint
14.4.4. Key Subsidiaries or Distributors
14.4.5. Strategy and Recent Developments
14.4.6. Key Financials
14.5. Fuji Electric Co., Ltd
14.5.1. Overview
14.5.2. Product Portfolio
14.5.3. Sales Footprint
14.5.4. Key Subsidiaries or Distributors
14.5.5. Strategy and Recent Developments
14.5.6. Key Financials
14.6. General Electric Company
14.6.1. Overview
14.6.2. Product Portfolio
14.6.3. Sales Footprint
14.6.4. Key Subsidiaries or Distributors
14.6.5. Strategy and Recent Developments
14.6.6. Key Financials
14.7. Honeywell International Inc.
14.7.1. Overview
14.7.2. Product Portfolio
14.7.3. Sales Footprint
14.7.4. Key Subsidiaries or Distributors
14.7.5. Strategy and Recent Developments
14.7.6. Key Financials
14.8. Itron Inc.
14.8.1. Overview
14.8.2. Product Portfolio
14.8.3. Sales Footprint
14.8.4. Key Subsidiaries or Distributors
14.8.5. Strategy and Recent Developments
14.8.6. Key Financials
14.9. Landis+Gyr AG
14.9.1. Overview
14.9.2. Product Portfolio
14.9.3. Sales Footprint
14.9.4. Key Subsidiaries or Distributors
14.9.5. Strategy and Recent Developments
14.9.6. Key Financials
14.10. Schneider Electric SE
14.10.1. Overview
14.10.2. Product Portfolio
14.10.3. Sales Footprint
14.10.4. Key Subsidiaries or Distributors
14.10.5. Strategy and Recent Developments
14.10.6. Key Financials
14.11. Siemens AG
14.11.1. Overview
14.11.2. Product Portfolio
14.11.3. Sales Footprint
14.11.4. Key Subsidiaries or Distributors
14.11.5. Strategy and Recent Developments
14.11.6. Key Financials
15. Recommendation
15.1. Opportunity Assessment
15.1.1. By Component
15.1.2. By Application
15.1.3. By Region
List of Tables
Table 01: Global Smart Power Distribution Systems Market Size & Forecast, by Component, Value (US$ Mn ), 2017-2031
Table 02: Global Smart Power Distribution Systems Market Size & Forecast, by Application, Value (US$ Mn ), 2017-2031
Table 03: Global Smart Power Distribution Systems Market Size & Forecast, by Region, Value (US$ Mn ), 2017-2031
Table 04: North America Smart Power Distribution Systems Market Size & Forecast, by Component, Value (US$ Mn ), 2017-2031
Table 05: North America Smart Power Distribution Systems Market Size & Forecast, by Application, Value (US$ Mn ), 2017-2031
Table 06: North America Smart Power Distribution Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn ), 2017-2031
Table 07: Europe Smart Power Distribution Systems Market Size & Forecast, by Component, Value (US$ Mn ), 2017-2031
Table 08: Europe Smart Power Distribution Systems Market Size & Forecast, by Application, Value (US$ Mn ), 2017-2031
Table 09: Europe Smart Power Distribution Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn ), 2017-2031
Table 10: Asia Pacific Smart Power Distribution Systems Market Size & Forecast, by Component, Value (US$ Mn ), 2017-2031
Table 11: Asia Pacific Smart Power Distribution Systems Market Size & Forecast, by Application, Value (US$ Mn ), 2017-2031
Table 12: Asia Pacific Smart Power Distribution Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn ), 2017-2031
Table 13: Middle East & Africa Smart Power Distribution Systems Market Size & Forecast, by Component, Value (US$ Mn ), 2017-2031
Table 14: Middle East & Africa Smart Power Distribution Systems Market Size & Forecast, by Application, Value (US$ Mn ), 2017-2031
Table 15: Middle East and Africa Smart Power Distribution Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn ), 2017-2031
Table 16: South America Smart Power Distribution Systems Market Size & Forecast, by Component, Value (US$ Mn ), 2017-2031
Table 17: South America Smart Power Distribution Systems Market Size & Forecast, by Application, Value (US$ Mn ), 2017-2031
Table 18: South America Smart Power Distribution Systems Market Size & Forecast, by Country & Sub-region, Value (US$ Mn), 2017-2031
List of Figures
Figure 01: Global Smart Power Distribution Systems Market, Year-on-Year Growth, Global Overview, 2021-2031
Figure 02: Global Smart Power Distribution Systems Market Size & Forecast, Value (US$ Mn ), 2017-2031
Figure 03: Global Smart Power Distribution Systems Market Projections by Component, Value (US$ Mn ), 2017-2031
Figure 04: Global Smart Power Distribution Systems Market, Incremental Opportunity, by Component, Value (US$ Mn ), 2021-2031
Figure 05: Global Smart Power Distribution Systems Market Share Analysis, by Component, 2021 and 2031
Figure 06: Global Smart Power Distribution Systems Market Projections by Application, Value (US$ Mn ), 2017-2031
Figure 07: Global Smart Power Distribution Systems Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2021-2031
Figure 08: Global Smart Power Distribution Systems Market Share Analysis, by Application, 2021 and 2031
Figure 09: Global Smart Power Distribution Systems Market Projections by Region, Value (US$ Mn ), 2017-2031
Figure 10: Global Smart Power Distribution Systems Market, Incremental Opportunity, by Region, Value (US$ Mn ), 2021-2031
Figure 11: Global Smart Power Distribution Systems Market Share Analysis, by Region, 2021 and 2031
Figure 12: North America Smart Power Distribution Systems Market, Year-on-Year Growth, Global Overview, 2021-2031
Figure 13: North America Smart Power Distribution Systems Market Size & Forecast, Value (US$ Mn ), 2017-2031
Figure 14: North America Smart Power Distribution Systems Market Projections by Component, Value (US$ Mn ), 2017-2031
Figure 15: North America Smart Power Distribution Systems Market, Incremental Opportunity, by Component, Value (US$ Mn ), 2021-2031
Figure 16: North America Smart Power Distribution Systems Market Share Analysis, by Component, 2021 and 2031
Figure 17: North America Smart Power Distribution Systems Market Projections by Application, Value (US$ Mn ), 2017-2031
Figure 18: North America Smart Power Distribution Systems Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2021-2031
Figure 19: North America Smart Power Distribution Systems Market Share Analysis, by Application, 2021 and 2031
Figure 20: North America Smart Power Distribution Systems Market Projections by Country & Sub-region, Value (US$ Mn ), 2017-2031
Figure 21: North America Smart Power Distribution Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn ), 2021-2031
Figure 22: North America Smart Power Distribution Systems Market Share Analysis, by Country & Sub-region, 2021 and 2031
Figure 23: Europe Smart Power Distribution Systems Market, Year-on-Year Growth, Global Overview, 2021-2031
Figure 24: Europe Smart Power Distribution Systems Market Size & Forecast, Value (US$ Mn ), 2017-2031
Figure 25: Europe Smart Power Distribution Systems Market Projections by Component, Value (US$ Mn ), 2017-2031
Figure 26: Europe Smart Power Distribution Systems Market, Incremental Opportunity, by Component, Value (US$ Mn ), 2021-2031
Figure 27: Europe Smart Power Distribution Systems Market Share Analysis, by Component, 2021 and 2031
Figure 28: Europe Smart Power Distribution Systems Market Projections by Application, Value (US$ Mn ), 2017-2031
Figure 29: Europe Smart Power Distribution Systems Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2021-2031
Figure 30: Europe Smart Power Distribution Systems Market Share Analysis, by Application, 2021 and 2031
Figure 31: Europe Smart Power Distribution Systems Market Projections by Country & Sub-region, Value (US$ Mn ), 2017-2031
Figure 32: Europe Smart Power Distribution Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn ), 2021-2031
Figure 33: Europe Smart Power Distribution Systems Market Share Analysis, by Country & Sub-region, 2021 and 2031
Figure 34: Asia Pacific Smart Power Distribution Systems Market, Year-on-Year Growth, Global Overview, 2021-2031
Figure 35: Asia Pacific Smart Power Distribution Systems Market Size & Forecast, Value (US$ Mn ), 2017-2031
Figure 36: Asia Pacific Smart Power Distribution Systems Market Projections by Component, Value (US$ Mn ), 2017-2031
Figure 37: Asia Pacific Smart Power Distribution Systems Market, Incremental Opportunity, by Component, Value (US$ Mn ), 2021-2031
Figure 38: Asia Pacific Smart Power Distribution Systems Market Share Analysis, by Component, 2021 and 2031
Figure 39: Asia Pacific Smart Power Distribution Systems Market Projections by Application, Value (US$ Mn ), 2017-2031
Figure 40: Asia Pacific Smart Power Distribution Systems Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2021-2031
Figure 41: Asia Pacific Smart Power Distribution Systems Market Share Analysis, by Application, 2021 and 2031
Figure 42: Asia Pacific Smart Power Distribution Systems Market Projections by Country & Sub-region, Value (US$ Mn ), 2017-2031
Figure 43: Asia Pacific Smart Power Distribution Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn ), 2021-2031
Figure 44: Asia Pacific Smart Power Distribution Systems Market Share Analysis, by Country & Sub-region, 2021 and 2031
Figure 45: Middle East & Africa Smart Power Distribution Systems Market, Year-on-Year Growth, Global Overview, 2021-2031
Figure 46: Middle East & Africa Smart Power Distribution Systems Market Size & Forecast, Value (US$ Mn ), 2017-2031
Figure 47: Middle East & Africa Smart Power Distribution Systems Market Projections by Component, Value (US$ Mn ), 2017-2031
Figure 48: Middle East & Africa Smart Power Distribution Systems Market, Incremental Opportunity, by Component, Value (US$ Mn ), 2021-2031
Figure 49: Middle East & Africa Smart Power Distribution Systems Market Share Analysis, by Component, 2021 and 2031
Figure 50: Middle East & Africa Smart Power Distribution Systems Market Projections by Application, Value (US$ Mn ), 2017-2031
Figure 51: Middle East & Africa Smart Power Distribution Systems Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2021-2031
Figure 52: Middle East & Africa Smart Power Distribution Systems Market Share Analysis, by Application, 2021 and 2031
Figure 53: Middle East & Africa Smart Power Distribution Systems Market Projections by Country & Sub-region, Value (US$ Mn ), 2017-2031
Figure 54: Middle East & Africa Smart Power Distribution Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn ), 2021-2031
Figure 55: Middle East & Africa Smart Power Distribution Systems Market Share Analysis, by Country & Sub-region, 2021 and 2031
Figure 56: South America Smart Power Distribution Systems Market, Year-on-Year Growth, Global Overview, 2021-2031
Figure 57: South America Smart Power Distribution Systems Market Size & Forecast, Value (US$ Mn ), 2017-2031
Figure 58: South America Smart Power Distribution Systems Market Projections by Component, Value (US$ Mn ), 2017-2031
Figure 59: South America Smart Power Distribution Systems Market, Incremental Opportunity, by Component, Value (US$ Mn ), 2021-2031
Figure 60: South America Smart Power Distribution Systems Market Share Analysis, by Component, 2021 and 2031
Figure 61: South America Smart Power Distribution Systems Market Projections by Application, Value (US$ Mn ), 2017-2031
Figure 62: South America Smart Power Distribution Systems Market, Incremental Opportunity, by Application, Value (US$ Mn ), 2021-2031
Figure 63: South America Smart Power Distribution Systems Market Share Analysis, by Application, 2021 and 2031
Figure 64: South America Smart Power Distribution Systems Market Projections by Country & Sub-region, Value (US$ Mn ), 2017-2031
Figure 65: South America Smart Power Distribution Systems Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Mn ), 2021-2031
Figure 66: South America Smart Power Distribution Systems Market Share Analysis, by Country & Sub-region, 2021 and 2031