North America Smart Grid Market Size & Outlook, 2026-2033
North America smart grid market highlights
- The North America smart grid market generated a revenue of USD 23,628.7 million in 2025.
- The market is expected to grow at a CAGR of 13.8% from 2026 to 2033.
- In terms of segment, advanced metering infrastructure was the largest revenue generating technology in 2025.
- Advanced Metering Infrastructure is the most lucrative technology segment registering the fastest growth during the forecast period.
North America data book summary
| Market revenue in 2025 | USD 23,628.7 million |
| Market revenue in 2033 | USD 66,088.9 million |
| Growth rate | 13.8% (CAGR from 2026 to 2033) |
| Largest segment | Advanced metering infrastructure |
| Fastest growing segment | Advanced Metering Infrastructure |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Advanced Metering Infrastructure |
Other key industry trends
- In terms of revenue, North America region accounted for 35.5% of the global smart grid market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 82,051.6 million by 2033.
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Smart Grid Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | http://www.ge.com |
| ABB Ltd ADR | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Landis+Gyr Group AG | View profile | 7750 | Alte Steinhauserstrasse 18, Cham, Switzerland, CH-6330 | https://www.landisgyr.com |
| Itron Inc | View profile | 5859 | 2111 North Molter Road, Liberty Lake, WA, United States, 99019 | https://www.itron.com |
| Eaton Corp PLC | View profile | 94000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | https://www.eaton.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
North America smart grid market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart grid market will help companies and investors design strategic landscapes.
Advanced metering infrastructure was the largest segment with a revenue share of 113.27% in 2025. Horizon Databook has segmented the North America smart grid market based on advanced metering infrastructure covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of smart grid market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America smart grid market , including forecasts for subscribers. This continent databook contains high-level insights into North America smart grid market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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