The Business Research Company’s Power Grid System Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Power Grid System Global Market Report 2023 evaluates power grid system market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global power grid system market size grew from $8.66 billion in 2022 to $9.76 billion in 2023 at a compound annual growth rate (CAGR) of 12.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The power grid system market size is expected to grow to $15.66 billion in 2027 at a CAGR of 12.6%.
The power grid system market segments in the report are:
1) By Power Supply: Captive Generation, Wind Power, Other Power Supplies
2) By Components: Cables, Variable Speed Drives, Transformers, Switchgears
3) By Application: Seabed, Land
Top Key Players
- Aker Solutions ASA
- Oceaneering International
- LS Cable & System
- Sumitomo Electric Industries
- Schneider Electric
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The table of contents in TBRC’s power grid system market report includes:
- Executive Summary
- Power Grid System Market Characteristics
- Power Grid System Market Trends And Strategies
- Power Grid System Market – Macro Economic Scenario
- Power Grid System Market Size And Growth
.
- Power Grid System Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Power Grid System Market
- Power Grid System Market Future Outlook and Potential Analysis
- Appendix
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