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*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Europe Smart Grid Security Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The Europe smart grid security market is currently witnessing robust growth. A smart grid is a digital infrastructure that monitors grid conditions, energy consumption and generation, as well as automates the operations. Smart grid security offers various solutions and services that help secure smart power grids, communications, and information technology (IT) systems. It also facilitates a stable and reliable power system operation during contingency situations in case of any critical power system component failure.

The Europe smart grid security market is primarily driven by the rising adoption of smart grids by the regional governments to reduce carbon emissions. The market is further driven by the increasing adoption of smart meters as an essential component of national energy policies as they help minimize carbon footprints and improve overall efficiency. For instance, the European Union (EU) has set a target for cutting greenhouse gases by 20% and meeting its energy needs through the use of renewable energy sources. This is likely to increase the adoption of smart grids, thereby propelling the growth of the market. Furthermore, technology innovations have improved the reliability, efficiency, and security features of power grids. On account of these factors, the market is expected to continue its robust growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe smart grid security market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, component, subsystem, deployment type and security type.

Breakup by Component:

  • Solution
    • Encryption
    • Antivirus and Antimalware
    • Identity and Access Management (IAM)
    • Firewall
    • Others
  • Services
    • Managed Services
    • Professional Services
    • Others
       

Breakup by Subsystem:

  • Demand Response System
  • Supervisory Control and Data Acquisition (SCADA)/ Industrial Control System (ICS)
  • Home Energy Management System
  • Advanced Metering Infrastructure
  • Others
     

Breakup by Deployment Type:

  • Cloud-based
  • On-premise
     

Breakup by Security Type:

  • Endpoint Security
  • Application Security
  • Database Security
  • Network Security
  • Others
     

Breakup by Country:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

  • How has the Europe smart grid security market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Europe smart grid security market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the subsystem?
  • What is the breakup of the market based on the deployment type?
  • What is the breakup of the market based on the security type?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the Europe smart grid security market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Europe Smart Grid Security Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Solution
        6.1.1 Market Trends
        6.1.2 Major Types
           6.1.2.1 Encryption
           6.1.2.2 Antivirus and Antimalware
           6.1.2.3 Identity and Access Management (IAM)
           6.1.2.4 Firewall
           6.1.2.5 Others
        6.1.3 Market Forecast
    6.2    Services
        6.2.1 Market Trends
        6.2.2 Major Types
           6.2.2.1 Managed Services
           6.2.2.2 Professional Services
           6.2.2.3 Others
        6.2.3 Market Forecast
7    Market Breakup by Subsystem
    7.1    Demand Response System
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Supervisory Control and Data Acquisition (SCADA)/ Industrial Control System (ICS)
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Home Energy Management System
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Advanced Metering Infrastructure
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Deployment Type
    8.1    Cloud-based
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    On-premise
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Security Type
    9.1    Endpoint Security
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Application Security
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Database Security
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Network Security
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Others
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    Market Breakup by Country
    10.1    Germany
        10.1.1 Market Trends
        10.1.2 Market Breakup by Component
        10.1.3 Market Breakup by Subsystem
        10.1.4 Market Breakup by Deployment Type
        10.1.5 Market Breakup by Security Type
        10.1.6 Market Forecast
    10.2    France
        10.2.1 Market Trends
        10.2.2 Market Breakup by Component
        10.2.3 Market Breakup by Subsystem
        10.2.4 Market Breakup by Deployment Type
        10.2.5 Market Breakup by Security Type
        10.2.6 Market Forecast
    10.3    United Kingdom
        10.3.1 Market Trends
        10.3.2 Market Breakup by Component
        10.3.3 Market Breakup by Subsystem
        10.3.4 Market Breakup by Deployment Type
        10.3.5 Market Breakup by Security Type
        10.3.6 Market Forecast
    10.4    Italy
        10.4.1 Market Trends
        10.4.2 Market Breakup by Component
        10.4.3 Market Breakup by Subsystem
        10.4.4 Market Breakup by Deployment Type
        10.4.5 Market Breakup by Security Type
        10.4.6 Market Forecast
    10.5    Spain
        10.5.1 Market Trends
        10.5.2 Market Breakup by Component
        10.5.3 Market Breakup by Subsystem
        10.5.4 Market Breakup by Deployment Type
        10.5.5 Market Breakup by Security Type
        10.5.6 Market Forecast
    10.6    Others
        10.6.1 Market Trends
        10.6.2 Market Breakup by Component
        10.6.3 Market Breakup by Subsystem
        10.6.4 Market Breakup by Deployment Type
        10.6.5 Market Breakup by Security Type
        10.6.6 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Policy and Regulatory Landscape
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: Europe: Smart Grid Security Market: Major Drivers and Challenges
Figure 2: Europe: Smart Grid Security Market: Sales Value (in Million US$), 2015-2020
Figure 3: Europe: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Europe: Smart Grid Security Market: Breakup by Component (in %), 2020
Figure 5: Europe: Smart Grid Security Market: Breakup by Subsystem (in %), 2020
Figure 6: Europe: Smart Grid Security Market: Breakup by Deployment Type (in %), 2020
Figure 7: Europe: Smart Grid Security Market: Breakup by Security Type (in %), 2020
Figure 8: Europe: Smart Grid Security Market: Breakup by Country (in %), 2020
Figure 9: Europe: Smart Grid Security (Solution) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Europe: Smart Grid Security (Solution) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Europe: Smart Grid Security (Services) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Europe: Smart Grid Security (Services) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Europe: Smart Grid Security (Demand Response System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Europe: Smart Grid Security (Demand Response System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Europe: Smart Grid Security (Supervisory Control and Data Acquisition (SCADA)/ Industrial Control System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Europe: Smart Grid Security (Supervisory Control and Data Acquisition (SCADA)/ Industrial Control System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Europe: Smart Grid Security (Home Energy Management System) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Europe: Smart Grid Security (Home Energy Management System) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Europe: Smart Grid Security (Advanced Metering Infrastructure) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Europe: Smart Grid Security (Advanced Metering Infrastructure) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Europe: Smart Grid Security (Other Systems) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Europe: Smart Grid Security (Other Systems) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Europe: Smart Grid Security (Cloud-based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Europe: Smart Grid Security (Cloud-based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Europe: Smart Grid Security (On-premise) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Europe: Smart Grid Security (On-premise) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Europe: Smart Grid Security (Endpoint Security) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Europe: Smart Grid Security (Endpoint Security) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Europe: Smart Grid Security (Application Security) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Europe: Smart Grid Security (Application Security) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Europe: Smart Grid Security (Database Security) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Europe: Smart Grid Security (Database Security) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Europe: Smart Grid Security (Network Security) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Europe: Smart Grid Security (Network Security) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Europe: Smart Grid Security (Other Security Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Europe: Smart Grid Security (Other Security Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Germany: Smart Grid Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Germany: Smart Grid Security Market: Breakup by Component (in %), 2020
Figure 39: Germany: Smart Grid Security Market: Breakup by Subsystem (in %), 2020
Figure 40: Germany: Smart Grid Security Market: Breakup by Deployment Type (in %), 2020
Figure 41: Germany: Smart Grid Security Market: Breakup by Security Type (in %), 2020
Figure 42: Germany: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: France: Smart Grid Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: France: Smart Grid Security Market: Breakup by Component (in %), 2020
Figure 45: France: Smart Grid Security Market: Breakup by Subsystem (in %), 2020
Figure 46: France: Smart Grid Security Market: Breakup by Deployment Type (in %), 2020
Figure 47: France: Smart Grid Security Market: Breakup by Security Type (in %), 2020
Figure 48: France: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: United Kingdom: Smart Grid Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: United Kingdom: Smart Grid Security Market: Breakup by Component (in %), 2020
Figure 51: United Kingdom: Smart Grid Security Market: Breakup by Subsystem (in %), 2020
Figure 52: United Kingdom: Smart Grid Security Market: Breakup by Deployment Type (in %), 2020
Figure 53: United Kingdom: Smart Grid Security Market: Breakup by Security Type (in %), 2020
Figure 54: United Kingdom: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Italy: Smart Grid Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Italy: Smart Grid Security Market: Breakup by Component (in %), 2020
Figure 57: Italy: Smart Grid Security Market: Breakup by Subsystem (in %), 2020
Figure 58: Italy: Smart Grid Security Market: Breakup by Deployment Type (in %), 2020
Figure 59: Italy: Smart Grid Security Market: Breakup by Security Type (in %), 2020
Figure 60: Italy: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Spain: Smart Grid Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Spain: Smart Grid Security Market: Breakup by Component (in %), 2020
Figure 63: Spain: Smart Grid Security Market: Breakup by Subsystem (in %), 2020
Figure 64: Spain: Smart Grid Security Market: Breakup by Deployment Type (in %), 2020
Figure 65: Spain: Smart Grid Security Market: Breakup by Security Type (in %), 2020
Figure 66: Spain: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Others: Smart Grid Security Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Others: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Europe: Smart Grid Security Industry: SWOT Analysis
Figure 70: Europe: Smart Grid Security Industry: Value Chain Analysis
Figure 71: Europe: Smart Grid Security Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Europe: Smart Grid Security Market: Key Industry Highlights, 2020 and 2026
Table 2: Europe: Smart Grid Security Market Forecast: Breakup by Component (in Million US$), 2021-2026
Table 3: Europe: Smart Grid Security Market Forecast: Breakup by Subsystem (in Million US$), 2021-2026
Table 4: Europe: Smart Grid Security Market Forecast: Breakup by Deployment Type (in Million US$), 2021-2026
Table 5: Europe: Smart Grid Security Market Forecast: Breakup by Security Type (in Million US$), 2021-2026
Table 6: Europe: Smart Grid Security Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 7: Europe: Smart Grid Security Market: Competitive Structure
Table 8: Europe: Smart Grid Security Market: Key Players

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