Australia Smart Grid Market Size, Share, Trends, 2033

Australia Smart Grid Market Size, Share, Trends and Forecast by Component, End-User, and Region, 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A33530

Australia Smart Grid Market Overview:

The Australia smart grid market size reached USD 1.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 3.9 Billion by 2033, exhibiting a growth rate (CAGR) of 13.70% during 2025-2033. The market is fueled by increased demand for automobile manufacturing and consumer wants for comfort and safety features. The widespread adoption of sophisticated seating technologies, such as ergonomic compositions and light materials, is transforming the market. Automotive manufacturers are placing emphasis on seat functionality and design improvement to meet changing consumer needs. Consequently, major players are attempting to capture a majority of the Mexico automotive seat market share.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 1.1 Billion
Market Forecast in 2033	USD 3.9 Billion
Market Growth Rate 2025-2033	13.70%

Australia Smart Grid Market Trends:

Sustained Expansion of Advanced Metering Infrastructure (AMI)

Advanced Metering Infrastructure (AMI) rollouts across Australia are transforming the nation's smart grid market. AMI units allow utilities to collect real-time, granular energy usage information, providing valuable information to manage the grid better as well as optimize efficiency operation. AMI allows two-way communication between the utility and consumer, allowing dynamic pricing and allowing consumers to have better control of energy usage. This is particularly important as Australia transitions to a more sustainable energy future, where electricity demand becomes increasingly variable with the inclusion of renewable energy. As the deployment of AMI accelerates, it contributes to Australia's expansion in the smart grid market by allowing utilities to better manage demand, reduce energy losses, and improve service reliability. Its increase in AMI systems will also be felt in Australia's share in the smart grid market, making AMI a foundation of future energy infrastructure growth.

Australia Smart Grid Market Size

Integration of Renewable Energy Sources

Australia's intelligent grid system is taking center stage in the integration of renewable energy resources, including solar and wind energy, into the national grid. This integration is crucial as the nation strives to achieve its sustainability goals and cut back on dependence on conventional fossil fuels. Smart grids facilitate effective management of renewable energy through real-time monitoring and control, essential in managing the variability of renewable generation. With additional renewable energy developments going online, Australia's smart grid infrastructure is adapting to mitigate the variability of power supply and demand with a view to maximizing grid stability. The adoption of renewable energy has a direct influence on Australia smart grid market growth, with the demand for innovative technologies to enable the move towards a clean energy future. According to the reports, in April 2025, EnergyLab chose 10 clean energy startups globally to participate in its Scaleup Program, encouraging partnerships with Australian energy companies to speed up grid decarbonisation and smart energy innovation. Further, Australia's smart grid market share will keep growing as more advanced grid management solutions are deployed by utilities to adapt to renewable energy.

Deployment of Grid Automation and Monitoring Technologies

Australia is spending large amounts on grid automation and monitoring technologies, crucial to the optimal operation and stability of its smart grid infrastructure. As per the sources, in April 2025, Federation Asset Management established a long-duration energy storage investment platform in Australia to access sizeable battery storage potential and enhance national grid stability and energy security. Moreover, such technologies, such as real-time sensors, automated switching, and predictive analytics, allow utilities to identify faults rapidly, reduce downtime, and enhance overall grid performance. Automation enables improved coordination between conventional and renewable energy resources, enhancing grid stability and reducing costs. Moreover, the installation of high-end monitoring technology facilitates improving forecasting energy usage trends, with utilities better capable of streamlining energy delivery to curb wastage. As dependable and effective power solutions are becoming more sought-after, automation technology and monitoring as integral parts of Australia's intelligent grid network assumes ever-growing prominence. This transition should play a significant role in Australia's share of the smart grid market, with automation and monitoring technologies being central to driving market growth and enhanced grid management.

Australia Smart Grid Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on component and end-user.

Component Insights:

Software
- Advanced Metering Infrastructure
- Smart Grid Distribution Management
- Smart Grid Network Management
- Substation Automation
- Others
Hardware
- Sensor
- Programmable Logic Controller
- AMI Meter
- Networking Hardware
- Others
Services
- Consulting
- Support and Maintenance
- Deployment and Integration

The report has provided a detailed breakup and analysis of the market based on the component. This includes software (advanced metering infrastructure, smart grid distribution management, smart grid network management, substation automation, and others), hardware (sensor, programmable logic controller, AMI meter, networking hardware, and others), and services (consulting, support and maintenance, and deployment and integration).

End-User Insights:

Australia Smart Grid Market By End-User

Residential
Commercial
Industrial

A detailed breakup and analysis of the market based on the end-user have also been provided in the report. This includes residential, commercial, and industrial.

Regional Insights:

Australia Capital Territory & New South Wales
Victoria & Tasmania
Queensland
Northern Territory & Southern Australia
Western Australia

The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Australia Smart Grid Market News:

In November 2024, Landis+Gyr and Sense collaborated to speed up the energy transition in Australia and New Zealand. The partnership combines Sense's machine learning software with Landis+Gyr's intelligent meters, offering real-time insights and predictive analytics for utilities to better manage energy resources and enable grid flexibility.
In March 2024, the Australian Energy Market Commission (AEMC) expedited a rule amendment to speed up smart meter rollouts. Backed by SA Power Networks, Alinta Energy, and Intellihub, the project targets ubiquitous smart meter installation by 2030, with steps to enhance consumer protections as well as incorporate power quality information.

Australia Smart Grid Market Report Coverage:

Report Features	Details
Base Year of the Analysis	2024
Historical Period	2019-2024
Forecast Period	2025-2033
Units	Billion USD
Scope of the Report	Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment: Component End-User Region
Components Covered	Software: Advanced Metering Infrastructure, Smart Grid Distribution Management, Smart Grid Network Management, Substation Automation, Others Hardware: Sensor, Programmable Logic Controller, AMI Meter, Networking Hardware, Others Services: Consulting, Support and Maintenance, Deployment and Integration
End Users Covered	Residential, Commercial, Industrial
Regions Covered	Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia
Customization Scope	10% Free Customization
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the Australia smart grid market performed so far and how will it perform in the coming years?
What is the breakup of the Australia smart grid market on the basis of component?
What is the breakup of the Australia smart grid market on the basis of end user?
What is the breakup of the Australia smart grid market on the basis of region?
What are the various stages in the value chain of the Australia smart grid market?
What are the key driving factors and challenges in the Australia smart grid?
What is the structure of the Australia smart grid market and who are the key players?
What is the degree of competition in the Australia smart grid market?

Key Benefits for Stakeholders:

IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Australia smart grid market from 2019-2033.
The research report provides the latest information on the market drivers, challenges, and opportunities in the Australia smart grid market.
Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Australia smart grid industry and its attractiveness.
Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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