United States Smart Grid Market PPT 2024: Size, Growth, Demand and Forecast till 2032
                     United States Smart 
Grid Market Research 
and Forecast Report 
2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
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compet i tors,  and opt imiz ing procurement  s t rategies.
A c c o r d i n g  t o  t h e  l a t e s t  r e p o r t  b y  I M A R C  G r o u p ,  t i t l e d  " U n i t e d  S t a t e s  S m a r t  G r i d  M a r k e t :  
I n d u s t r y  T r e n d s ,  S h a r e ,  S i z e ,  G r o w t h ,  O p p o r t u n i t y  a n d  F o r e c a s t  2 0 2 4 - 2 0 3 2 , "  t h e  U n i t e d  
S t a t e s  s m a r t  g r i d  m a r k e t  s i z e  i s  p r o j e c t e d  t o  e x h i b i t  a  g r o w t h  r a t e  ( C A G R )  o f  1 6 . 3 0 %  d u r i n g  
2 0 2 4 - 2 0 3 2 .
K e y  t r e n d s  i n c l u d e  t h e  a d o p t i o n  o f  a d v a n c e d  m e t e r i n g  i n f r a s t r u c t u r e  ( A M I )  f o r  e n h a n c e d  d a t a  
Report a n a l y t i c s  a n d  o p e r a t i o n a l  e f f i c i e n c y .  U t i l i t i e s  a r e  i n c r e a s i n g l y  d e p l o y i n g  d i s t r i b u t e d  e n e r g y  r e s o u r c e s  ( D E R s )  i n t e g r a t i o n ,  w h i c h  s u p p o r t s  r e n e w a b l e  e n e r g y  s o u r c e s  a n d  i m p r o v e s  g r i d  
r e l i a b i l i t y .  T h e  r i s e  o f  e l e c t r i c  v e h i c l e s  ( E V s )  i s  a l s o  d r i v i n g  d e m a n d  f o r  s m a r t  g r i d  t e c h n o l o g i e s  
Highlight and t o  m a n a g e  i n c r e a s e d  l o a d  a n d  o p t i m i z e  e n e r g y  d i s t r i b u t i o n .  F u r t h e r m o r e ,  g o v e r n m e n t  p o l i c i e s  a n d  i n c e n t i v e s  a r e  f o s t e r i n g  i n n o v a t i o n  a n d  a c c e l e r a t i n g  t h e  d e p l o y m e n t  o f  s m a r t  g r i d  s o l u t i o n s .  
C y b e r s e c u r i t y  m e a s u r e s  a r e  b e c o m i n g  c r i t i c a l  a s  t h e  g r i d  b e c o m e s  m o r e  i n t e r c o n n e c t e d ,  
n e c e s s i t a t i n g  r o b u s t  p r o t e c t i o n  a g a i n s t  p o t e n t i a l  t h r e a t s .  T h e  U n i t e d  S t a t e s  s m a r t  g r i d  m a r k e t  i s  
Description d r i v e n  b y  s e v e r a l  k e y  f a c t o r s  a n d  e m e r g i n g  t r e n d s .  O n e  p r i m a r y  d r i v e r  i s  t h e  i n c r e a s i n g  d e m a n d  
f o r  r e l i a b l e  a n d  e f f i c i e n t  e n e r g y  m a n a g e m e n t  s y s t e m s ,  f u e l e d  b y  t h e  r i s i n g  a d o p t i o n  o f  r e n e w a b l e  
e n e r g y  s o u r c e s  a n d  t h e  n e e d  t o  i n t e g r a t e  t h e m  s e a m l e s s l y  i n t o  t h e  e x i s t i n g  g r i d  i n f r a s t r u c t u r e .  
G o v e r n m e n t  p o l i c i e s  a n d  i n c e n t i v e s  p r o m o t i n g  s m a r t  g r i d  t e c h n o l o g i e s ,  s u c h  a s  a d v a n c e d  
m e t e r i n g  i n f r a s t r u c t u r e  ( A M I )  a n d  d i s t r i b u t i o n  a u t o m a t i o n ,  f u r t h e r  b o l s t e r  m a r k e t  g r o w t h .
R e q u e s t  f o r  a  P D F  s a m p l e  o f  t h i s  r e p o r t :  
h t t p s : / / w w w . i m a r c g r o u p . c o m / u n i t e d - s t a t e s - s m a r t - g r i d - m a r k e t / r e q u e s t s a m p l e
Report Description
Uni ted  S ta tes  Smar t  Gr id  Market  T rends:
Add i t i ona l l y ,  t he  inc reas ing  f requency  o f  cybe r -a t tacks  and  the  consequen t  need  f o r  enhanced  gr id  secu r i t y  d r i ve  
inves t men ts  in  advanced  cybersecu r i t y  so lu t ions  w i th i n  t he  smar t  g r id  f ramework .  The  t rend  t owards  decen t ra l i za t ion  
o f  ene rgy  p roduc t ion ,  w i t h  a  g rowing  number  o f  consumers  genera t i ng  t he i r  own e lec t r i c i t y ,  necess i ta tes  
soph is t i ca ted  g r id  management  t echno log ies  t o  ma in ta in  s tab i l i t y  and  e f f i c iency .  Fu r t he rmore ,  advancement s  in  I oT  
and A I  t echno log ies  enab le  more  prec ise  dem and response and  energy  usage fo recas t i ng ,  enhanc ing  gr id  
pe r f o rmance and  re l i ab i l i t y .  
Co l labora t ions  be t ween  u t i l i t y  compan ies ,  t echno logy  prov ide rs ,  and  regu la t o r y  bod ies  fos t e r  innova t ion  and  
s t reaml i ne  t he  dep loymen t  o f  smar t  g r id  so lu t ions .  The  g row ing  emphas i s  on  reduc ing  carbon  emiss ions  and  
improv ing  energy  e f f i c iency  a l igns  w i th  the  adop t i on  o f  smar t  g r id  t echno log ies ,  pos i t i on ing  the  marke t  f o r  sus ta ined  
growt h .  As  the  U . S .  t rans i t i ons  t owards  a  more  sus t a inab le  ene rgy  ecosys t em,  t he  smar t  g r id  marke t  i s  se t  t o  p lay  a  
p ivo ta l  r o le  in  op t im iz ing  energy  d is t r ibu t ion ,  ensur ing  res i l i ence ,  and  enhanc ing  overa l l  g r id  re l iab i l i t y .
Vi ew Report  TOC,  F igures and  Tab les :  h t tps: / / www. i marcgroup .com/un i ted -states -smart -g r i d -market
Component Insights:
• Software
o Advanced Metering Infrastructure
o Smart Grid Distr ibution Management
o Smart Grid Network Management
o Substation Automation
Report o Others
• Hardware
Segmentation o Sensor
o Programmable Logic Control ler
o AMI Meter
o Networking Hardware
o Others
• Services
o Consulting
o Support and Maintenance
o Deployment and Integrat ion
End User Insights:
• Residential
• Commercial
Report 
• Industria l
Segmentation
Regional Insights:
• Northeast
• Midwest
• South
• West
How has the United States smart grid market performed 
so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the United 
States smart grid market?
What is the breakup of the United States smart grid 
Key market on the basis of component?
Questions What is the breakup of the United States smart grid market on the basis of end user?
Answered in 
What are the various stages in the value chain of the 
the Report United States smart grid market? 
What are the key driving factors and challenges in the 
United States smart grid?
What is the structure of the United States smart grid 
market and who are the key players?
What is the degree of competition in the United States 
smart grid market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
Table of         2 . 4 . 1     B o t t o m - U p  A p p r o a c h        2 . 4 . 2     T o p - D o w n  A p p r o a c h
    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4    U n i t e d  S t a t e s  S m a r t  G r i d  M a r k e t  -  I n t r o d u c t i o n
Contents     4 . 1     O v e r v i e w    4 . 2     M a r k e t  D y n a m i c s    4 . 3     I n d u s t r y  T r e n d s
    4 . 4     C o m p e t i t i v e  I n t e l l i g e n c e
5    U n i t e d  S t a t e s  S m a r t  G r i d  M a r k e t  L a n d s c a p e
    5 . 1     H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
    5 . 2     M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
6    U n i t e d  S t a t e s  S m a r t  G r i d  M a r k e t  -  B r e a k u p  b y  C o m p o n e n t
    6 . 1     S o f t w a r e
        6 . 1 . 1  O v e r v i e w
        6 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 1 . 3  M a r k e t  S e g m e n t a t i o n
           6 . 1 . 3 . 1  A d v a n c e d  M e t e r i n g  I n f r a s t r u c t u r e
           6 . 1 . 3 . 2  S m a r t  G r i d  D i s t r i b u t i o n  M a n a g e m e n t
           6 . 1 . 3 . 3  S m a r t  G r i d  N e t w o r k  M a n a g e m e n t
           6 . 1 . 3 . 4  S u b s t a t i o n  A u t o m a t i o n
           6 . 1 . 3 . 5  O t h e r s
       
       6 . 1 . 4  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    6 . 2     H a r d w a r e
        6 . 2 . 1  O v e r v i e w
        6 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        6 . 2 . 3  M a r k e t  S e g m e n t a t i o n
           6 . 2 . 3 . 1  S e n s o r
           6 . 2 . 3 . 2  P r o g r a m m a b l e  L o g i c  C o n t r o l l e r
           6 . 2 . 3 . 3  A M I  M e t e r
           6 . 2 . 3 . 4  N e t w o r k i n g  H a r d w a r e
           6 . 2 . 3 . 5  O t h e r s
        6 . 2 . 4  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
Table of     6 . 3     S e r v i c e s  
        6 . 3 . 1  O v e r v i e w
        6 . 3 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
Contents         6 . 3 . 3  M a r k e t  S e g m e n t a t i o n           6 . 3 . 3 . 1  C o n s u l t i n g
           6 . 3 . 3 . 2  S u p p o r t  a n d  M a i n t e n a n c e
           6 . 3 . 3 . 3  D e p l o y m e n t  a n d  I n t e g r a t i o n
        6 . 3 . 4  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
7    U n i t e d  S t a t e s  S m a r t  G r i d  M a r k e t  -  B r e a k u p  b y  E n d  u s e r
    7 . 1     R e s i d e n t i a l
        7 . 1 . 1  O v e r v i e w
        7 . 1 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 1 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )
    7 . 2     C o m m e r c i a l
        7 . 2 . 1  O v e r v i e w
        7 . 2 . 2  H i s t o r i c a l  a n d  C u r r e n t  M a r k e t  T r e n d s  ( 2 0 1 8 - 2 0 2 3 )
        7 . 2 . 3  M a r k e t  F o r e c a s t  ( 2 0 2 4 - 2 0 3 2 )     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
ht t ps : / /w ww. i ma rc gro up . c o m /u n i t ed - s ta t es - sm a r t -g r i d -m a rke t
/ t o c
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