Global smart grid market size 2021-2026

Published by
Bruna Alves,
Feb 8, 2023
The smart grid technology market was estimated at 36.9 billion U.S. dollars in 2021, and is forecast to grow at a compound annual growth rate (CAGR) of 8.7 percent until 2026, to reach roughly 56 billion dollars. The term smart grid covers a wide range of technologies and areas, including Advanced Metering Infrastructure (AMI), network and distribution management, and electricity supply security.

Smart grid technology market size worldwide from 2021 to 2026 (in billion U.S. dollars)

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Sources

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Release date

November 2021

Region

Worldwide

Survey time period

2021

Special properties

Forecasts

Supplementary notes

For the Statista estimate an exponential development of the values between 2021 and 2026 was assumed to estimate the annual values. The values for 2021 and 2026 were provided by the source.

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Statistics on " Smart meters in Great Britain "

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Statistics on Smart meters in Great Britain

Overview

5

Residential rollout

4

Non-residential rollout

5

Smart meter penetration

4

Consumer perceptions

4

Further related statistics

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Topics

Smart grids in the U.S.Electricity in the U.S.U.S. electricity generationSmart home in the United States
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