COVID-19 The pandemic continues to cause unprecedented disruption across industries worldwide. Get detailed insights regarding the impact of COVID-19 on the market.
Europe Smart Grid Security Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
The Europe smart grid security market size reached US$
2,165 Million in 2021. Looking forward, IMARC Group expects the market to reach US$
4,653.5 Million by 2027, exhibiting a growth rate (CAGR) of
13.7% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
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.
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 at the regional and country level from 2022-2027. Our report has categorized the market based on 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.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2021
Historical Period
2016-2021
Forecast Period
2022-2027
Units
US$ Million
Segment Coverage
Component, Subsystem, Deployment Type, Security Type, Country
Countries Covered
Germany, France, United Kingdom, Italy, Spain, Others
Customization Scope
10% Free Customization
Report Price and Purchase Option
: US$ : US$ : US$
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 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$), 2016-2021
Figure 3: Europe: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Europe: Smart Grid Security Market: Breakup by Component (in %), 2021
Figure 5: Europe: Smart Grid Security Market: Breakup by Subsystem (in %), 2021
Figure 6: Europe: Smart Grid Security Market: Breakup by Deployment Type (in %), 2021
Figure 7: Europe: Smart Grid Security Market: Breakup by Security Type (in %), 2021
Figure 8: Europe: Smart Grid Security Market: Breakup by Country (in %), 2021
Figure 9: Europe: Smart Grid Security (Solution) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Europe: Smart Grid Security (Solution) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Europe: Smart Grid Security (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Europe: Smart Grid Security (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Europe: Smart Grid Security (Demand Response System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Europe: Smart Grid Security (Demand Response System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Europe: Smart Grid Security (Supervisory Control and Data Acquisition (SCADA)/ Industrial Control System (ICS)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Europe: Smart Grid Security (Supervisory Control and Data Acquisition (SCADA)/ Industrial Control System (ICS)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Europe: Smart Grid Security (Home Energy Management System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Europe: Smart Grid Security (Home Energy Management System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Europe: Smart Grid Security (Advanced Metering Infrastructure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Europe: Smart Grid Security (Advanced Metering Infrastructure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Europe: Smart Grid Security (Other Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Europe: Smart Grid Security (Other Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Europe: Smart Grid Security (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Europe: Smart Grid Security (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Europe: Smart Grid Security (On-premise) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Europe: Smart Grid Security (On-premise) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Europe: Smart Grid Security (Endpoint Security) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Europe: Smart Grid Security (Endpoint Security) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Europe: Smart Grid Security (Application Security) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Europe: Smart Grid Security (Application Security) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Europe: Smart Grid Security (Database Security) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Europe: Smart Grid Security (Database Security) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Europe: Smart Grid Security (Network Security) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Europe: Smart Grid Security (Network Security) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Europe: Smart Grid Security (Other Security Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Europe: Smart Grid Security (Other Security Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Germany: Smart Grid Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Germany: Smart Grid Security Market: Breakup by Component (in %), 2021
Figure 39: Germany: Smart Grid Security Market: Breakup by Subsystem (in %), 2021
Figure 40: Germany: Smart Grid Security Market: Breakup by Deployment Type (in %), 2021
Figure 41: Germany: Smart Grid Security Market: Breakup by Security Type (in %), 2021
Figure 42: Germany: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: France: Smart Grid Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: France: Smart Grid Security Market: Breakup by Component (in %), 2021
Figure 45: France: Smart Grid Security Market: Breakup by Subsystem (in %), 2021
Figure 46: France: Smart Grid Security Market: Breakup by Deployment Type (in %), 2021
Figure 47: France: Smart Grid Security Market: Breakup by Security Type (in %), 2021
Figure 48: France: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: United Kingdom: Smart Grid Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: United Kingdom: Smart Grid Security Market: Breakup by Component (in %), 2021
Figure 51: United Kingdom: Smart Grid Security Market: Breakup by Subsystem (in %), 2021
Figure 52: United Kingdom: Smart Grid Security Market: Breakup by Deployment Type (in %), 2021
Figure 53: United Kingdom: Smart Grid Security Market: Breakup by Security Type (in %), 2021
Figure 54: United Kingdom: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Italy: Smart Grid Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Italy: Smart Grid Security Market: Breakup by Component (in %), 2021
Figure 57: Italy: Smart Grid Security Market: Breakup by Subsystem (in %), 2021
Figure 58: Italy: Smart Grid Security Market: Breakup by Deployment Type (in %), 2021
Figure 59: Italy: Smart Grid Security Market: Breakup by Security Type (in %), 2021
Figure 60: Italy: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Spain: Smart Grid Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Spain: Smart Grid Security Market: Breakup by Component (in %), 2021
Figure 63: Spain: Smart Grid Security Market: Breakup by Subsystem (in %), 2021
Figure 64: Spain: Smart Grid Security Market: Breakup by Deployment Type (in %), 2021
Figure 65: Spain: Smart Grid Security Market: Breakup by Security Type (in %), 2021
Figure 66: Spain: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Others: Smart Grid Security Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Others: Smart Grid Security Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Europe: Smart Grid Security Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Europe: Smart Grid Security Market Forecast: Breakup by Subsystem (in Million US$), 2022-2027
Table 4: Europe: Smart Grid Security Market Forecast: Breakup by Deployment Type (in Million US$), 2022-2027
Table 5: Europe: Smart Grid Security Market Forecast: Breakup by Security Type (in Million US$), 2022-2027
Table 6: Europe: Smart Grid Security Market Forecast: Breakup by Country (in Million US$), 2022-2027
Table 7: Europe: Smart Grid Security Market: Competitive Structure
Table 8: Europe: Smart Grid Security Market: Key Players
Need more help?
Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.
This site uses cookies (including third-party cookies) to record user’s preferences which help us to
enhance our services. For further information review our Privacy Policy.