Europe Smart Grid Sensors Market Size & Outlook, 2026-2033
Europe smart grid sensors market highlights
- The Europe smart grid sensors market generated a revenue of USD 211.9 million in 2025.
- The market is expected to grow at a CAGR of 17.3% from 2026 to 2033.
- In terms of segment, voltage and temperature sensor was the largest revenue generating type in 2025.
- Voltage and Temperature Sensor is the most lucrative type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2025 | USD 211.9 million |
| Market revenue in 2033 | USD 747.5 million |
| Growth rate | 17.3% (CAGR from 2026 to 2033) |
| Largest segment | Voltage and temperature sensor |
| Fastest growing segment | Voltage and Temperature Sensor |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Voltage and Temperature Sensor |
Other key industry trends
- In terms of revenue, Europe region accounted for 27.2% of the global smart grid sensors market in 2025.
- Globally, North America 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 749.3 million by 2033.
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Smart Grid Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Radiant Enterprises | View profile | 51-100 | Vadodara, Gujarat, India, Asia | https://www.radiantenterprises.co.in/ |
| Ampacimon | View profile | 1-10 | Angleur, Liege, Belgium, Europe | http://www.ampacimon.com/ |
| LEMI | View profile | 1-10 | Martillac, Aquitaine, France, Europe | http://www.lemi.fr/ |
| 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 |
| Portland General Electric Co | View profile | 2842 | 121 South West Salmon Street, Portland, OR, United States, 97204 | https://www.portlandgeneral.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
Europe smart grid sensors 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 sensors market will help companies and investors design strategic landscapes.
Voltage and temperature sensor was the largest segment with a revenue share of 115.57% in 2025. Horizon Databook has segmented the Europe smart grid sensors market based on voltage and temperature sensor covering the revenue growth of each sub-segment from 2021 to 2033.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe smart grid sensors market , including forecasts for subscribers. This continent databook contains high-level insights into Europe smart grid sensors market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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