Europe Active Network Management Market Forecast to 2031
Europe Active Network Management Market Forecast to 2031 – Regional Analysis – by Component (Software and Services), Industry (Energy and Utilities, Transportation, Oil and Gas, Manufacturing, and Others), Application (Grid Asset Management, Real-Time Monitoring, and Automation), and Organization Size (Small and Medium Enterprises and Large Enterprises)
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Description
Increasing Adoption of Real-Time Grid Monitoring Drives Europe Active Network Management Market
Real-time grid monitoring allows grid operators to have an accurate and up-to-date understanding of the electrical grid’s performance, including power flows, voltages, and equipment conditions. With the increasing complexity and interconnectivity of modern power systems, real-time grid monitoring has become essential for ensuring reliable and efficient electricity delivery. Active network management involves the use of advanced software and hardware solutions to manage and optimize the operation of the electrical grid actively. By integrating real-time grid monitoring into active network management systems, grid operators can make faster and more informed decisions to maintain grid stability, reduce power outages, and optimize energy efficiency.
Market players are focusing on integrating automated grid solutions into their product portfolio. For instance, in November 2023, Gridspertise, a firm dedicated to supporting distribution system operators in accelerating the digital transformation of electricity grids, revealed two new cutting-edge solutions at Enlit Europe 2023-the major event dedicated to the European energetic scenario. In Paris, the company showcased Global, its new modular smart meter platform, which offers DSOs maximum flexibility hardware and software and numerous communication modules, and the ecosystem of solutions for Low Voltage Edge Grid Monitoring and Control based on Gridspertise Quantum Edge device technologies-the perfect allies in making low voltage grid more efficient and reliable. Thus, the rising adoption of real-time grid monitoring is expected to offer significant opportunities to the Europe active network management market in the coming years.
Europe Active Network Management Market Overview
The Europe active network management market is experiencing significant growth owing to the surge in demand for smart city projects across the globe. As urbanization accelerates, governments and organizations are increasingly investing in smart city initiatives to enhance sustainability, efficiency, and quality of life. Active network management plays a crucial role in ensuring the smooth operation of these complex energy networks, making it a vital component of the smart city infrastructure. Smart cities leverage advanced technologies to optimize urban services, including transportation, energy, waste management, and public safety. These projects require a robust and interconnected network infrastructure to enable seamless communication between devices, systems, and stakeholders. Active network management systems excel in managing the intricate web of sensors, meters, grids, and other smart city components, ensuring efficient energy distribution, grid stability, and reliable service delivery.
The Europe active network management market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. In Europe, several successful and ongoing pilot active network management projects such as Enel – Puglia Active Network, SP Energy Networks – Dumfries & Galloway Integrated Network Management, Enedis – Nice Grid & others, Vattenfall – Askersund Microgrid, and SSE – Orkney Island, have been implemented by various companies. These projects aim to develop energy management solutions and improve network design, operation, and maintenance. Furthermore, active network management providers across Europe are engaging in strategies such as partnerships to develop energy management solutions. For example, in February 2023, Siemens formed a strategic partnership with EnergyHub to develop a next-generation Distributed Energy Resources (DER) management system. This partnership aims to leverage Siemens’ network knowledge and EnergyHub’s grid-leading capabilities to provide a complete portfolio element for a next-generation distributed energy resource management system.
Europe Active Network Management Market Revenue and Forecast to 2031 (US$ Million)
Europe Active Network Management Market Segmentation
The Europe active network management market is segmented based on component, industry, application, organization size, and country.
Based on component, the Europe active network management market is bifurcated into software and services. The software segment held a larger share in 2023.
In terms of industry, the Europe active network management market is segmented into energy & utilities, transportation, oil & gas, manufacturing, and others. The energy & utilities segment held the largest share in 2023.
By application, the Europe active network management market is segmented into grid asset management, real-time monitoring, and automation. The grid asset management segment held the largest share in 2023.
In terms of organization size, the Europe active network management market is bifurcated into small & medium enterprises and large enterprises. The large enterprises segment held a larger share in 2023.
Based on country, the Europe active network management market is categorized into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany dominated the Europe active network management market in 2023.
ABB Ltd, Cisco Systems Inc, International Business Machines Corp, Oracle Corp, Siemens AG, Argand Solutions, Smarter Grid Solutions, and ZIV Automation are some of the leading companies operating in the Europe active network management market.
Summary Info
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According to Business Market Insights’ research, the Europe active network management market was valued at US$ 366.54 million in 2023 and is expected to reach US$ 1,308.73 million by 2031, registering a CAGR of 17.2% from 2023 to 2031. Surging number of smart city initiatives and growth in renewable energy generation are among the critical factors attributed to the Europe active network management market expansion.
As urbanization accelerates, governments and organizations are increasingly investing in smart city initiatives to enhance sustainability, efficiency, and quality of life. Smart cities leverage advanced technologies to optimize urban services, including transportation, energy, waste management, and public safety. These projects require a robust and interconnected network infrastructure to enable seamless communication between devices, systems, and stakeholders. Active network management systems excel in managing the intricate web of sensors, meters, grids, and other smart city components, ensuring efficient energy distribution, grid stability, and reliable service delivery. Furthermore, active network management plays a crucial role in ensuring the smooth operation of the above-mentioned complex networks, making them vital for the smart city infrastructure. The increasing number of smart city initiatives drives the demand for active network management solutions, thereby favoring the market.
On the contrary, high deployment cost hampers the growth of Europe active network management market.
Based on component, the Europe active network management market is bifurcated into software and services. The software segment held 69.3% share of the Europe active network management market in 2023, amassing US$ 253.94 million. It is projected to garner US$ 925.32 million by 2031 to expand at 17.5% CAGR during 2023-2031.
In terms of industry, the Europe active network management market is segmented into energy & utilities, transportation, oil & gas, manufacturing, and others. The energy & utilities segment held 31.8% share of the Europe active network management market in 2023, amassing US$ 116.72 million. It is estimated to garner US$ 454.96 million by 2031 to expand at 18.5% CAGR during 2023-2031.
By application, the Europe active network management market is segmented into grid asset management, real-time monitoring, and automation. The grid asset management segment held 46.6% share of Europe active network management market in 2023, amassing US$ 170.91 million. It is predicted to garner US$ 567.70 million by 2031 to expand at 16.2% CAGR during 2023-2031.
In terms of organization size, the Europe active network management market is bifurcated into small & medium enterprises and large enterprises. The large enterprises segment held 66.4% share of the Europe active network management market in 2023, amassing US$ 243.37 million. It is estimated to garner US$ 846.64 million by 2031 to expand at 16.9% CAGR during 2023-2031.
Based on country, the Europe active network management market is categorized into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany held 27.9% share of Europe active network management market in 2023, amassing US$ 102.31 million. It is projected to garner US$ 413.50 million by 2031 to expand at 19.1% CAGR during 2023-2031.
Key players operating in the Europe active network management market are ABB Ltd, Cisco Systems Inc, International Business Machines Corp, Oracle Corp, Siemens AG, Argand Solutions, Smarter Grid Solutions, and ZIV Automation, among others.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Europe active network management market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.3 Hypothesis formulation:
3.4 Macro-economic factor analysis:
3.5 Developing base number:
3.6 Data Triangulation:
3.6.1 Country level data:
4. Europe Active Network Management Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. Europe Active Network Management Market – Key Market Dynamics
5.1 Europe Active Network Management Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Increasing Need for Efficient Power Management Solutions
5.2.2 Surging Number of Smart City Initiatives
5.2.3 Growth in Renewable Energy Generation
5.3 Market Restraints
5.3.1 High Deployment Cost
5.4 Market Opportunities
5.4.1 Rising Deployment of IoT/Connected Devices across Energy and Utilities
5.4.2 Increasing Adoption of Real-Time Grid Monitoring
5.5 Future Trends
5.5.1 Integration of AI-driven Optimization
5.6 Impact of Drivers and Restraints:
6. Active Network Management Market -Europe Market Analysis
6.1 Overview
6.2 Europe Active Network Management Market Revenue (US$ million), 2021-2031
6.3 Europe Active Network Management Market Forecast Analysis
7. Europe Active Network Management Market Analysis – by Component
7.1 Software
7.1.1 Overview
7.1.2 Software: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
7.2 Services
7.2.1 Overview
7.2.2 Services: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
8. Europe Active Network Management Market Analysis – by Industry
8.1 Energy and Utilities
8.1.1 Overview
8.1.2 Energy and Utilities: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
8.2 Transportation
8.2.1 Overview
8.2.2 Transportation: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
8.3 Oil and Gas
8.3.1 Overview
8.3.2 Oil and Gas: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
8.4 Manufacturing
8.4.1 Overview
8.4.2 Manufacturing: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
9. Europe Active Network Management Market Analysis – by Application
9.1 Grid Asset Management
9.1.1 Overview
9.1.2 Grid Asset Management: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
9.2 Real-Time Monitoring
9.2.1 Overview
9.2.2 Real-Time Monitoring: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
9.3 Automation
9.3.1 Overview
9.3.2 Automation: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
10. Europe Active Network Management Market Analysis – by Organization Size
10.1 Small and Medium Enterprises
10.1.1 Overview
10.1.2 Small and Medium Enterprises: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
10.2 Large Enterprises
10.2.1 Overview
10.2.2 Large Enterprises: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
11. Europe Active Network Management Market -Country Analysis
11.1 Europe
11.1.1 Europe: Active Network Management Market – Revenue and Forecast Analysis – by Country
11.1.1.1 Europe: Active Network Management Market – Revenue and Forecast Analysis – by Country
11.1.1.2 Germany: Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
11.1.1.2.1 Germany: Active Network Management Market Breakdown, by Component
11.1.1.2.2 Germany: Active Network Management Market Breakdown, by Industry
11.1.1.2.3 Germany: Active Network Management Market Breakdown, by Application
11.1.1.2.4 Germany: Active Network Management Market Breakdown, by Organization Size
11.1.1.3 United Kingdom: Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
11.1.1.3.1 United Kingdom: Active Network Management Market Breakdown, by Component
11.1.1.3.2 United Kingdom: Active Network Management Market Breakdown, by Industry
11.1.1.3.3 United Kingdom: Active Network Management Market Breakdown, by Application
11.1.1.3.4 United Kingdom: Active Network Management Market Breakdown, by Organization Size
11.1.1.4 France: Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
11.1.1.4.1 France: Active Network Management Market Breakdown, by Component
11.1.1.4.2 France: Active Network Management Market Breakdown, by Industry
11.1.1.4.3 France: Active Network Management Market Breakdown, by Application
11.1.1.4.4 France: Active Network Management Market Breakdown, by Organization Size
11.1.1.5 Italy: Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
11.1.1.5.1 Italy: Active Network Management Market Breakdown, by Component
11.1.1.5.2 Italy: Active Network Management Market Breakdown, by Industry
11.1.1.5.3 Italy: Active Network Management Market Breakdown, by Application
11.1.1.5.4 Italy: Active Network Management Market Breakdown, by Organization Size
11.1.1.6 Russia: Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
11.1.1.6.1 Russia: Active Network Management Market Breakdown, by Component
11.1.1.6.2 Russia: Active Network Management Market Breakdown, by Industry
11.1.1.6.3 Russia: Active Network Management Market Breakdown, by Application
11.1.1.6.4 Russia: Active Network Management Market Breakdown, by Organization Size
11.1.1.7 Rest of Europe: Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
11.1.1.7.1 Rest of Europe: Active Network Management Market Breakdown, by Component
11.1.1.7.2 Rest of Europe: Active Network Management Market Breakdown, by Industry
11.1.1.7.3 Rest of Europe: Active Network Management Market Breakdown, by Application
11.1.1.7.4 Rest of Europe: Active Network Management Market Breakdown, by Organization Size
12. Competitive Landscape
12.1 Heat Map Analysis By Key Players
12.2 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Product Development
13.4 Expansion
13.5 Partnerships and Collaboration
14. Company Profiles
14.1 ABB Ltd
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Cisco Systems Inc
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 International Business Machines Corp
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Oracle Corp
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Siemens AG
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Argand Solutions
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Smarter Grid Solutions
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 ZIV Automation
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
15. Appendix
15.1 Glossary
15.2 About The Research Team
Table 1. Europe Active Network Management Market Segmentation
Table 2. List of Vendors
Table 3. Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
Table 4. Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million) – by Component.
Table 5. Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million) – by Industry
Table 6. Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million) – by Application.
Table 7. Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million) – by Organization Size
Table 8. Europe: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Country
Table 9. Germany: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Component
Table 10. Germany: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Industry
Table 11. Germany: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Application
Table 12. Germany: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Organization Size
Table 13. United Kingdom: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Component
Table 14. United Kingdom: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Industry
Table 15. United Kingdom: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Application
Table 16. United Kingdom: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Organization Size
Table 17. France: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Component
Table 18. France: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Industry
Table 19. France: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Application
Table 20. France: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Organization Size
Table 21. Italy: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Component
Table 22. Italy: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Industry
Table 23. Italy: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Application
Table 24. Italy: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Organization Size
Table 25. Russia: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Component
Table 26. Russia: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Industry
Table 27. Russia: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Application
Table 28. Russia: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Organization Size
Table 29. Rest of Europe: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Component
Table 30. Rest of Europe: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Industry
Table 31. Rest of Europe: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Application
Table 32. Rest of Europe: Active Network Management Market – Revenue and Forecast to 2031(US$ million) – by Organization Size
Table 33. Heat Map Analysis By Key Players
Figure 1. Europe Active Network Management Market Segmentation, by country
Figure 2. PEST Analysis
Figure 3. Ecosystem Analysis
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Europe Active Network Management Market Revenue (US$ million), 2021-2031
Figure 6. Europe Active Network Management Market Share (%) – by Component (2023 and 2031)
Figure 7. Software: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
Figure 8. Services: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
Figure 9. Europe Active Network Management Market Share (%) – by Industry (2023 and 2031)
Figure 10. Energy and Utilities: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
Figure 11. Transportation: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
Figure 12. Oil and Gas: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
Figure 13. Manufacturing: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
Figure 14. Others: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
Figure 15. Europe Active Network Management Market Share (%) – by Application (2023 and 2031)
Figure 16. Grid Asset Management: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
Figure 17. Real-Time Monitoring: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
Figure 18. Automation: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
Figure 19. Europe Active Network Management Market Share (%) – by Organization Size (2023 and 2031)
Figure 20. Small and Medium Enterprises: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
Figure 21. Large Enterprises: Europe Active Network Management Market – Revenue and Forecast to 2031 (US$ million)
Figure 22. Europe: Active Network Management Market by Key Countries – Revenue (2023) US$ Million
Figure 23. Europe: Active Network Management Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 24. Germany: Active Network Management Market – Revenue and Forecast to 2031(US$ million)
Figure 25. United Kingdom: Active Network Management Market – Revenue and Forecast to 2031(US$ million)
Figure 26. France: Active Network Management Market – Revenue and Forecast to 2031(US$ million)
Figure 27. Italy: Active Network Management Market – Revenue and Forecast to 2031(US$ million)
Figure 28. Russia: Active Network Management Market – Revenue and Forecast to 2031(US$ million)
Figure 29. Rest of Europe: Active Network Management Market – Revenue and Forecast to 2031(US$ million)
Figure 30. Company Positioning & Concentration
The List of Companies – Europe Active Network Management Market
o ABB Ltd
o Cisco Systems Inc
o International Business Machines Corp
o Oracle Corp
o Siemens AG
o Argand Solutions
o Smarter Grid Solutions
o ZIV Automation
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