Self-Healing Grid Market Research Report -Forecast to 2027

Global Self-Healing Grid Market Report by Application (Transmission Lines and Distribution Lines), by Component (Hardware, and Software & Services), End-user (Public Utility, Private Utility) and By Region - Global Forecast to 2027

ID: MRFR/E&P/3996-HCR | February 2021 | Region: Global | 111 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario:


The self-healing grid is a system comprised of sensors, automated controls, and advanced software that utilize real-time distribution data to detect and isolate faults and reconfigure the distribution network to reduce the customers impacted. One of the major goals of a self-healing grid is to improve system reliability. This can be accomplished by reconfiguring the switches and reclosers installed on the distribution feeder. This is done to quickly isolate the faulted section of the feeder and re-establish service to as many customers as possible from alternate sources/feeders.


A self-healing grid uses digital components and real-time communications technologies to monitor their own electrical characteristics at all times and can provide a number of benefits that support a more stable and efficient system. The three primary functions of self-healing grid are real time monitoring and reaction, anticipation and Rapid isolation. Real time monitoring and reaction allows the system to constantly tune itself to an optimal state. Anticipation enables the system to automatically look for problems could trigger larger disturbances. Rapid isolation allows the system to isolate parts of the network that experiences failure from rest of the system to avoid the spread of disruption and enables a more rapid restoration. As a result of these functions, a self-healing smart-grid system is able to reduce power outages and minimize their length when they do occur. Also, because the system is self-healing, it has an end-to-end resilience that detects and overrides human errors that results in some power outages.


The increasing government investments in smart energy infrastructure such as smart girds and a growing need to modernize the outdated power distribution systems, are creating a lucrative market for self-healing grids. Moreover, the increasing need to protect electrical utilities from cyber-attacks due to deployment of smart grids, is expected to boost the market further.


Global self-healing grid market has been segmented based on application, component, end-user and region. Based on applications the market is segmented as transmission lines and distribution lines. Among these, transmission lines, is projected to dominate the self-healing grid market through 2023. The high dependency on transmission lines across the world for proper current transmission is expected to boost this segment modification through self-healing systems. Based on components, the market is segmented into hardware, and software & services. Hardware dominated the market in 2016 and is projected to be the fastest-growing component segment. The sensors in the hardware segment provides the data related to various utility assets, based on various parameters, such as, voltage, current, heat, temperature, and frequency. This data provided by sensors are used by equipment/component management system to provide actionable information, which is used to form a predictive maintenance schedule, depending on the health of the gird. Based on end-user, the market has been segmented into public utility, and private utility. As a result of increasing investments in grid modernization and requirement for energy efficiency, public utility dominated the market in 2016. It has also been projected to be the fastest-growing packaging type over the next five years. Public utilities are funded by the government and have a huge customer base. Increasing investments in distributed energy generation sources, have increased the grid complexity, as these sources are to be connected to grid for reliable supply of power.


The self-healing grid market is expected to have a huge number of developments over the forecast period, owing to continuous technological advancement in energy sector coupled with growing power demand. The market is also expected to have high expansion activities by multinationals and well-established companies. Mergers and acquisition activities are expected to be seen over the forecast period with numerous contracts and agreements between top EPC and Government, across the globe.


The global self-healing grid market is expected to grow at ~ 9% CAGR during the forecast period.


Market Segmentation:


 self-healing grid Global Self-Healing Grid Market


The global self-healing grid market is expected to witness phenomenal growth during the forecast period. This is due to the considerable growth in the power sector with population boom along with rise in energy demand. The growth is primarily attributed to up gradation of aging utility infrastructure and growing investments in distributed generation, and related government regulations, which is likely to continue during the forecast years. The Asia Pacific region is expected to grow at the highest CAGR from 2017 to 2022, wherein China was the largest country-level market, followed by India and Japan. Rising population with tremendous energy demand growth has resulted in phenomenal growth for electrical infrastructure in the region and subsequently resulted into growth for self-healing grid market.


Key Players:


The key players of global self-healing grid market are ABB Ltd. (Switzerland), Siemens AG (Germany), General Electric Company (U.S.), S & C Electric Company (U.S.), Sentient Energy, Inc. (U.S.), Eaton Corporation plc (Ireland), Schneider Electric SE (France), Landis+Gyr AG (Switzerland), Cisco Systems, Inc. (U.S.), Infosys Limited (India), Oracle Corporation (U.S.), and G&W Electric (U.S.).



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   9% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Application, Component and End-user
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   ABB Ltd. (Switzerland), Siemens AG (Germany), General Electric Company (U.S.), S & C Electric Company (U.S.), Sentient Energy, Inc. (U.S.), Eaton Corporation plc (Ireland), Schneider Electric SE (France), Landis+Gyr AG (Switzerland), Cisco Systems, Inc. (U.S.), Infosys Limited (India), Oracle Corporation (U.S.), and G&W Electric (U.S.)
  Key Market Opportunities   New product launches and R&D amongst major key players
  Key Market Drivers   Continuous technological advancement in energy sector


Frequently Asked Questions (FAQ) :


The global Self healing grid is expected to record a substantial market valuation due to the increasing technological advancement and increasing expansion.

The global Self healing grid is projected to register a moderate 9% CAGR in the forecast period.

The software and services segment is slated to expand as the fastest-growing segment.

The transmission segment is slated to expand as the fastest-growing segment.

A few major market players operating in the global Self healing grid are ABB Ltd. (Switzerland), General Electric Company (U.S.), Siemens AG (Germany), S & C Electric Company (U.S.), among others.

Table of Contents

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Threat of substitutes

3.1.4 Segment rivalry

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Self-Healing Grid Market, By Application

5.1 Introduction

5.2 Transmission Lines

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 Distribution Lines

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

6 Global Self-Healing Grid Market, By Component

6.1 Introduction

6.2 Hardware

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Software & Services

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

7 Global Self-Healing Grid Market, By End-User

7.1 Introduction

7.2 Public Utility

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Private Utility

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Region, 2020-2027

8 Global Self-Healing Grid Market, By Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast By Application, 2020-2027

8.2.3 Market Estimates & Forecast By Component, 2020-2027

8.2.4 Market Estimates & Forecast By End-User, 2020-2027

8.2.5 The U.S

8.2.5.1 Market Estimates & Forecast, 2020-2027

8.2.5.2 Market Estimates & Forecast By Application, 2020-2027

8.2.5.3 Market Estimates & Forecast By Component, 2020-2027

8.2.5.4 Market Estimates & Forecast By End-User, 2020-2027

8.2.6 Canada

8.2.6.1 Market Estimates & Forecast, 2020-2027

8.2.6.2 Market Estimates & Forecast By Application, 2020-2027

8.2.6.3 Market Estimates & Forecast By Component, 2020-2027

8.2.6.4 Market Estimates & Forecast By End-User, 2020-2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast By Application, 2020-2027

8.3.3 Market Estimates & Forecast By Component, 2020-2027

8.3.4 Market Estimates & Forecast By End-User, 2020-2027

8.3.5 U.K

8.3.5.1 Market Estimates & Forecast, 2020-2027

8.3.5.2 Market Estimates & Forecast By Application, 2020-2027

8.3.5.3 Market Estimates & Forecast By Component, 2020-2027

8.3.5.4 Market Estimates & Forecast By End-User, 2020-2027

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2020-2027

8.3.6.2 Market Estimates & Forecast By Application, 2020-2027

8.3.6.3 Market Estimates & Forecast By Component, 2020-2027

8.3.6.4 Market Estimates & Forecast By End-User, 2020-2027

8.3.7 France

8.3.7.1 Market Estimates & Forecast, 2020-2027

8.3.7.2 Market Estimates & Forecast By Application, 2020-2027

8.3.7.3 Market Estimates & Forecast By Component, 2020-2027

8.3.7.4 Market Estimates & Forecast By End-User, 2020-2027

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2020-2027

8.3.8.2 Market Estimates & Forecast By Application, 2020-2027

8.3.8.3 Market Estimates & Forecast By Component, 2020-2027

8.3.8.4 Market Estimates & Forecast By End-User, 2020-2027

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, 2020-2027

8.3.9.2 Market Estimates & Forecast By Application, 2020-2027

8.3.9.3 Market Estimates & Forecast By Component, 2020-2027

8.3.9.4 Market Estimates & Forecast By End-User, 2020-2027

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast By Application, 2020-2027

8.4.3 Market Estimates & Forecast By Component, 2020-2027

8.4.4 Market Estimates & Forecast By End-User, 2020-2027

8.4.5 China

8.4.5.1 Market Estimates & Forecast, 2020-2027

8.4.5.2 Market Estimates & Forecast By Application, 2020-2027

8.4.5.3 Market Estimates & Forecast By Component, 2020-2027

8.4.5.4 Market Estimates & Forecast By End-User, 2020-2027

8.4.6 Japan

8.4.6.1 Market Estimates & Forecast, 2020-2027

8.4.6.2 Market Estimates & Forecast By Application, 2020-2027

8.4.6.3 Market Estimates & Forecast By Component, 2020-2027

8.4.6.4 Market Estimates & Forecast By End-User, 2020-2027

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2020-2027

8.4.7.2 Market Estimates & Forecast By Application, 2020-2027

8.4.7.3 Market Estimates & Forecast By Component, 2020-2027

8.4.7.4 Market Estimates & Forecast By End-User, 2020-2027

8.4.8 Rest of Asia Pacific

8.4.8.1 Market Estimates & Forecast, 2020-2027

8.4.8.2 Market Estimates & Forecast By Application, 2020-2027

8.4.8.3 Market Estimates & Forecast By Component, 2020-2027

8.4.8.4 Market Estimates & Forecast By End-User, 2020-2027

8.5 Rest of the World

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast By Application, 2020-2027

8.5.3 Market Estimates & Forecast By Component, 2020-2027

8.5.4 Market Estimates & Forecast By End-User, 2020-2027

9 Competitive Landscape

10 Company Profile

10.1 ABB Ltd. (Switzerland)

10.1.1 Company Overview

10.1.2 Products/Services Offering

10.1.3 Financial Overview

10.1.4 Key Developments

10.1.5 Strategy

10.1.6 SWOT Analysis

10.2 Siemens AG (Germany)

10.2.1 Company Overview

10.2.2 Products/Services Offering

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 Strategy

10.2.6 SWOT Analysis

10.3 General Electric Company (U.S.)

10.3.1 Company Overview

10.3.2 Products/Services Offering

10.3.3 Financial Overview

10.3.4 Key Developments

10.3.5 Strategy

10.3.6 SWOT Analysis

10.4 S & C Electric Company (U.S.)

10.4.1 Company Overview

10.4.2 Products/Services Offering

10.4.3 Financial Overview

10.4.4 Key Developments

10.4.5 Strategy

10.4.6 SWOT Analysis

10.5 Sentient Energy, Inc. (U.S.)

10.5.1 Company Overview

10.5.2 Products/Services Offering

10.5.3 Financial Overview

10.5.4 Key Developments

10.5.5 Strategy

10.5.6 SWOT Analysis

10.6 Eaton Corporation plc (Ireland)

10.6.1 Company Overview

10.6.2 Products/Services Offering

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 Strategy

10.6.6 SWOT Analysis

10.7 Schneider Electric SE (France)

10.7.1 Company Overview

10.7.2 Products/Services Offering

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 Strategy

10.7.6 SWOT Analysis

10.8 Landis+Gyr AG (Switzerland)

10.8.1 Company Overview

10.8.2 Products/Services Offering

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 Strategy

10.8.6 SWOT Analysis

10.9 Cisco Systems, Inc. (U.S.)

10.9.1 Company Overview

10.9.2 Products/Services Offering

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 Strategy

10.9.6 SWOT Analysis

10.10 Infosys Limited (India)

10.10.1 Company Overview

10.10.2 Products/Services Offering

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 Strategy

10.10.6 SWOT Analysis

10.11 Oracle Corporation (U.S.)

10.11.1 Company Overview

10.11.2 Products/Services Offering

10.11.3 Financial Overview

10.11.4 Key Developments

10.11.5 Strategy

10.11.6 SWOT Analysis

10.12 G&W Electric (U.S.)

10.12.1 Company Overview

10.12.2 Products/Services Offering

10.12.3 Financial Overview

10.12.4 Key Developments

10.12.5 Strategy

10.12.6 SWOT Analysis

List of Tables

Table 1 Global Self-Healing Grid Market: By Region, 2020-2027

Table 2 North America Self-Healing Grid Market: By Country, 2020-2027

Table 3 Europe Self-Healing Grid Market: By Country, 2020-2027

Table 4 Asia-Pacific Self-Healing Grid Market: By Country, 2020-2027

Table 5 RoW Self-Healing Grid Market: By Country, 2020-2027

Table 6 Global Self-Healing Grid Market, By Application, By Regions, 2020-2027

Table 7 North America Self-Healing Grid Market, By Application, By Country, 2020-2027

Table 8 Europe Self-Healing Grid Market, By Component, By Country, 2020-2027

Table 9 Asia-Pacific Self-Healing Grid Market By Application, By Country, 2020-2027

Table 10 RoW Self-Healing Grid Market By Application, By Country, 2020-2027

Table 11 Global Self-Healing Grid By Component: By Regions, 2020-2027

Table 12 North America Self-Healing Grid Market By Component : By Country, 2020-2027

Table 13 Europe Self-Healing Grid Market By Component : By Country, 2020-2027

Table 14 Asia Pacific Self-Healing Grid Market By Component : By Country, 2020-2027

Table 15 RoW Self-Healing Grid Market By Component : By Country, 2020-2027

Table 16 Global Self-Healing Grid Market, By End-User, By Regions, 2020-2027

Table 17 North America Self-Healing Grid Market, By End-User, By Country, 2020-2027

Table 18 Europe Self-Healing Grid Market, By End-User, By Country, 2020-2027

Table 19 Asia Pacific Self-Healing Grid Market, By End-User, By Country, 2020-2027

Table 20 RoW Self-Healing Grid Market, By End-User, By Country, 2020-2027

Table 21 Global Product Market: By Region, 2020-2027

Table 22 Global Material Market: By Region, 2020-2027

Table 23 Global Packaging Type Market: By Region, 2020-2027

Table 24 North America Self-Healing Grid Market, By Country

Table 25 North America Self-Healing Grid Market, By Application

Table 26 North America Self-Healing Grid Market, By Component

Table 27 North America Self-Healing Grid Market, By End-User

Table 28 Europe: Self-Healing Grid Market, By Country

Table 29 Europe: Self-Healing Grid Market, By Application

Table 30 Europe: Self-Healing Grid Market, By Component

Table 31 Europe: Self-Healing Grid Market, By End-User

Table 32 Asia-Pacific: Self-Healing Grid Market, By Country

Table 33 Asia-Pacific: Self-Healing Grid Market, By Application

Table 34 Asia-Pacific: Self-Healing Grid Market, By Material

Table 35 Asia-Pacific: Self-Healing Grid Market, By Packaging Type

Table 36 RoW: Self-Healing Grid Market, By Region

Table 37 RoW Self-Healing Grid Market, By Application

Table 38 RoW Self-Healing Grid Market, By Component

Table 39 RoW Self-Healing Grid Market, By End-User

List of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 Market Dynamics

FIGURE 4 impact analysis: market drivers

FIGURE 5 impact analysis: market restraints

FIGURE 6 porter’s five forces analysis

FIGURE 7 Value chain analysis

FIGURE 8 GLOBAL Self-Healing Grid MARKET SHARE, By Application, 2020 (%)

FIGURE 9 GLOBAL Self-Healing Grid MARKET, By Application, 2015-2027 (USD MILLION)

FIGURE 10 GLOBAL Self-Healing Grid MARKET SHARE, By End-User, 2020 (%)

FIGURE 11 GLOBAL Self-Healing Grid MARKET, By End-User, 2015-2027 (USD MILLION)

FIGURE 12 GLOBAL Self-Healing Grid MARKET SHARE, By Component, 2020 (%)

FIGURE 13 GLOBAL Self-Healing Grid MARKET, By Component, 2015-2027 (USD MILLION)

FIGURE 14 GLOBAL Self-Healing Grid MARKET SHARE (%), BY REGION, 2020

FIGURE 15 GLOBAL Self-Healing Grid MARKET, BY REGION, 2015-2027 (USD MILLION)

FIGURE 16 North America Self-Healing Grid MARKET SHARE (%), 2020

FIGURE 17 North America Self-Healing Grid MARKET BY Country, 2015-2027 (USD MILLION)

FIGURE 18 Europe Self-Healing Grid MARKET SHARE (%), 2020

FIGURE 19 Europe Self-Healing Grid MARKET BY Country, 2015-2027 (USD MILLION)

FIGURE 20 Asia-Pacific Self-Healing Grid MARKET SHARE (%), 2020

FIGURE 21 Asia-Pacific Self-Healing Grid MARKET BY Country, 2015-2027 (USD MILLION)

FIGURE 22 Rest of the World Self-Healing Grid MARKET SHARE (%), 2020

FIGURE 23 Rest of the World Self-Healing Grid MARKET BY Country, 2015-2027 (USD MILLION)