Smart Energy Market Research and Forecast Report 2023-2028

1. Global Smart Energy Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Smart Energy Market Research Report: The latest report by IMARC, titled “Smart Energy Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” finds that the global smart energy market size reached US$ 151.7 Billion in 2022. Smart energy refers to a sustainable energy management solution that uses high-efficiency technologies, energy-efficient, clean, renewable resources, and the Internet of Things (IoT)-integrated systems and devices. It involves gas, solar, thermal grids, smart electricity, and home energy management systems that use distributed generation systems, meters, and modules for one-way or two-way communications. It also helps collect, monitor, and load data on laptops, smartphones, computers, and power line carriers. In addition, these systems enable consumers to understand waste patterns and other key performance indicators (KPIs) to optimize energy usage. As a result, smart energy is extensively utilized across industrial, residential, and commercial sectors. Request Free Sample Report: https://www.imarcgroup.com/smart-energy-market/requestsample

4. Report Description and Highlights Report Description Global Smart Energy Market Trends: The market is primarily driven by the surging demand for smart grid technologies globally. In addition, the rising demand for efficient energy solutions is contributing to market growth. Smart energy solutions offer users accurate readings about the energy consumption and assist in remote monitoring of sub-meters to prevent power outages. Moreover, the widespread adoption of network infrastructure, advanced metering solutions, instrumentation, and network management software, especially in developing economies, is providing a positive thrust to market growth. These solutions are incorporated with workforce and mobile management systems and distribution automation solutions for improved operational efficiency. Besides this, the rising focus on rural electrification and the increasing utilization of smart meters for automatic control of light, electricity, and energy to reduce wastage is anticipated to propel the market growth. Other factors, including the implementation of favorable government policies to encourage the utilization of renewable energy resources, along with extensive infrastructural development, are creating a positive market outlook. Looking forward, IMARC Group expects the market value to reach US$ 253.0 Billion by 2028, exhibiting a CAGR of 8.3% during the forecast period (2023-2028). Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Component: • Hardware and Equipment • Solution and Service Breakup by Product: • Smart Grid • Digital Oilfield • Smart Solar • Home Energy Management System Breakup by End Use Sector: • Residential • Industrial • Commercial Breakup by Region: • North America • United States

6. Report Description and Highlights Report Description • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

7. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • ABB Ltd. General Electric Company Honeywell International Inc. International Business Machines Corporation Itron Inc. Landis+Gyr AG Larsen & Toubro Limited Robert Bosch GmbH S&T AG Schneider Electric SE Sensus (Xylem Inc.) Siemens AG. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/smart-energy-market

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9. We are the trusted business partners to the world's leading corporates, governments, and institutions Partial List of Clients A partial List of our Clients

10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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