Global Smart Grid Sensors
Market Report
2025
As per Cognitive Market Research's latest published report, the Global Smart Grid Sensors market size was USD 365.21 Million In 2022 and it is forecasted to reach $x.xx Billion by 2030. Smart Grid Sensors Industry's Compound Annual Growth Rate will be 18.71 % from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Smart Grid Sensors market size was USD 365.21 Million In 2022 and it is forecasted to reach USD 1.43 Billion by 2030. Smart Grid Sensors Industry's Compound Annual Growth Rate will be 18.71 % from 2023 to 2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Smart Grid Sensors Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 18.71% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Sensor |
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Market Split by Application |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Smart Grid Sensors Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The smart grid sensor is a device, which is used to data collect on the electric power grid. Smart grid sensors measure an extensive range of parameters including temperature, power consumption, and voltage. These sensors are used to data collected by improving the reliability, security of the electric power grid, and efficiency. In addition, these are used for machine learning algorithms and advanced analytics to identify anomalies and patterns in the data, which help utilities to prevent and detect issues including equipment failures and power outages.
The increasing need for sustainable solutions and energy-efficient is the key factor expected to drive the growth of the smart grid sensors market. In addition, rising efficiency for transmitting energy by checking the temperature of power lines is projected to drive the growth of the global smart grid sensors market.
Increasing smart sensor projects in emerging economies create lucrative growth opportunities for the smart grid sensors market in the forecast period.
Increasing maintenance cost of smart grid sensors, lack of awareness, and security concerns about the availability of the smart grid solution is anticipated to hamper the growth of the smart grid sensors market.
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Hitachi ABB Power Grids has launched a smart digital substation
In February 2021, Hitachi ABB Power Grids has announced the launch of the new smart digital substation. This new digital substation offers the technology with the unique predictive, prognostic capabilities and prescriptive of the company’s Lumada Asset Performance Management solution.
Top Companies Market Share in Smart Grid Sensors Industry: (In no particular order of Rank)
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North America has the largest revenue share in the smart grid sensors market. This is due to the increasing adoption of smart grid sensor projects, the strong financial position in the US and Canada, and high investment in smart infrastructure platforms in the region. This is anticipated to drive the growth of the smart grid sensors market in the region.
The current report Scope analyzes Smart Grid Sensors Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Smart Grid Sensors Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Smart Grid Sensors Industry growth. Smart Grid Sensors market has been segmented with the help of its Sensor, Application End User, and others. Smart Grid Sensors market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on type, the voltage & temperature sensors segment has the largest revenue share in the smart grid sensors market. This is due to increasing investments of key players in the technology to increase a competitive edge in the smart grid sensors market.
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Based on application, the smart energy meter segment has the major revenue share in the smart grid sensors market. This is attributed to the smart energy meter allows utilities to collect and analyze data on electricity used in real-time and provide customers with detailed usage information to help manage energy usage.
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Based on end users, the utility has the leading segment in the smart grid sensors market. This is owing to increasing industrialization, population, and concern over the environment due to fossil power stations improving government to plan regulatory standards with regard to carbon emissions. This is projected to boost the growth of this segment in the smart grid sensors market.
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Smart Grid Sensors Market is witnessing significant growth in the near future.
In 2023, the Voltage and Temperature Sensors segment accounted for noticeable share of global Smart Grid Sensors Market and is projected to experience significant growth in the near future.
The Advanced Metering Infrastructure segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Tollgrade, Sentient and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Sensor | Voltage and Temperature Sensors, Dynamic Line Rating Smart Grid Sensors, Transformer Monitoring Smart Grid Sensors, Outage Detection, Others |
Application | Advanced Metering Infrastructure, Smart Grid Distribution Management, Supervisory Control and Data Acquisition, Smart Energy Meter, Others |
End User | Residential, Utility, Commercial, Industrial |
List of Competitors | Tollgrade, Coope(Eaton), Sentient, QinetiQ, ABB, GE, Arteche, Landis+Gyr, 3M |
This chapter will help you gain GLOBAL Market Analysis of Smart Grid Sensors. Further deep in this chapter, you will be able to review Global Smart Grid Sensors Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Smart Grid Sensors. Further deep in this chapter, you will be able to review North America Smart Grid Sensors Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Smart Grid Sensors. Further deep in this chapter, you will be able to review Europe Smart Grid Sensors Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Smart Grid Sensors. Further deep in this chapter, you will be able to review Asia Pacific Smart Grid Sensors Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Smart Grid Sensors. Further deep in this chapter, you will be able to review South America Smart Grid Sensors Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Smart Grid Sensors. Further deep in this chapter, you will be able to review Middle East Smart Grid Sensors Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Smart Grid Sensors. Further deep in this chapter, you will be able to review Middle East Smart Grid Sensors Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Smart Grid Sensors. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Sensor Analysis 2019 -2031, will provide market size split by Sensor. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Sensor Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by End User Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Smart Grid Sensors market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Voltage and Temperature Sensors have a significant impact on Smart Grid Sensors market? |
What are the key factors affecting the Voltage and Temperature Sensors and Dynamic Line Rating Smart Grid Sensors of Smart Grid Sensors Market? |
What is the CAGR/Growth Rate of Advanced Metering Infrastructure during the forecast period? |
By type, which segment accounted for largest share of the global Smart Grid Sensors Market? |
Which region is expected to dominate the global Smart Grid Sensors Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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