APO Research

APO RESEARCH · REPORT

Grid Modernization Service

Selected research

Market Outlook & Growth Opportunities

Global Grid Modernization Service Market Outlook and Growth Opportunities 2026

Market perspective

The global Grid Modernization Service market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a compound annual growth rate (CAGR) of % over 2026-2032.

The North America market for Grid Modernization Service is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

The Europe market for Grid Modernization Service is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Read the full market overview

The Asia Pacific market for Grid Modernization Service is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

In China, the Grid Modernization Service market is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Major global companies in the Grid Modernization Service market include Burns & McDonnell, Eaton, EnerNex, GE Vernova, Hawaiian Electric, Hitachi Energy, Infosys, Quanta Technology and Resource Innovations, among others. In 2025, the top three vendors together accounted for approximately % of global market revenue.

This report provides an overview of the global Grid Modernization Service market in terms of revenue and gross margin, analyzing global market trends using historical revenue data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.

The study covers key producers of Grid Modernization Service and market revenue by major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.

The report also presents Grid Modernization Service revenue, market share, and industry ranking for the main companies for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.

Across the 2021-2026 period, the analysis compares revenue growth and profitability profiles by company, distinguishing participants with sustained expansion from those with more cyclical performance, and relates these patterns to differences in regional exposure, product portfolios, and application focus in the global Grid Modernization Service market.

Grid Modernization Service Segment by Company

Burns & McDonnell

Eaton

EnerNex

GE Vernova

Hawaiian Electric

Hitachi Energy

Infosys

Quanta Technology

Resource Innovations

Schweitzer Engineering Laboratories

SEL

Stantec

TRC Companies

Wipro

Actalent

AECOM

Basler Electric

Grid Modernization Service Segment by Type

Digitalization and IoT Services

Data Analytics and Artificial Intelligence Services

Automation and Control System Upgrade Services

Flexible Power Transmission Services

Others

Grid Modernization Service Segment by Application

Power Transmission and Distribution Operators

Industrial and Commercial

Municipal and Public Utilities

Others

Grid Modernization Service Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Colombia

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Study Objectives

1. To analyze and research the global Grid Modernization Service status and future forecast, involving, revenue, growth rate (CAGR), market share, historical and forecast.

2. To present the Grid Modernization Service key companies, revenue, market share, and recent developments.

3. To split the Grid Modernization Service breakdown data by regions, type, companies, and application.

4. To analyze the global and key regions Grid Modernization Service market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify Grid Modernization Service significant trends, drivers, influence factors in global and regions.

6. To analyze Grid Modernization Service competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Grid Modernization Service market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Grid Modernization Service and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in sales and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Grid Modernization Service.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size.

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Grid Modernization Service industry.

Chapter 3: Detailed analysis of Grid Modernization Service company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales value of Grid Modernization Service in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of key country in the world.

Chapter 7: Sales value of Grid Modernization Service in country level. It provides sigmate data by type, and by application for each country/region.

Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.

Chapter 9: Concluding Insights.

More report detail

Tables and figures
List of Tables Table 1. Grid Modernization Service Industry Trends Table 2. Grid Modernization Service Industry Drivers Table 3. Grid Modernization Service Industry Opportunities and Challenges Table 4. Grid Modernization Service Industry Restraints Table 5. Global Grid Modernization Service Revenue by Company (US$ Million) & (2021-2026) Table 6. Global Grid Modernization Service Revenue Share by Company (2021-2026) Table 7. Global Grid Modernization Service Company Ranking, (2024-2026) & (US$ Million) Table 8. Global Grid Modernization Service Key Company Manufacturing Base & Headquarters Table 9. Global Grid Modernization Service Company, Product Type & Application Table 10. Global Grid Modernization Service Company Establishment Date Table 11. Global Company Market Concentration Ratio (CR5 and HHI) Table 12. Global Grid Modernization Service by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on Revenue of 2025) Table 13. Mergers & Acquisitions, Expansion Table 14. Significant Companies of Digitalization and IoT Services Table 15. Significant Companies of Data Analytics and Artificial Intelligence Services Table 16. Significant Companies of Automation and Control System Upgrade Services Table 17. Significant Companies of Flexible Power Transmission Services Table 18. Significant Companies of Others Table 19. Global Grid Modernization Service Sales Value by Type 2021 VS 2025 VS 2032 (US$ Million) Table 20. Global Grid Modernization Service Sales Value by Type (2021-2026) & (US$ Million) Table 21. Global Grid Modernization Service Sales Value by Type (2027-2032) & (US$ Million) Table 22. Global Grid Modernization Service Sales Value Share by Type (2021-2026) Table 23. Global Grid Modernization Service Sales Value Share by Type (2027-2032) Table 24. Significant Companies of Power Transmission and Distribution Operators Table 25. Significant Companies of Industrial and Commercial Table 26. Significant Companies of Municipal and Public Utilities Table 27. Significant Companies of Others Table 28. Global Grid Modernization Service Sales Value by Application 2021 VS 2025 VS 2032 (US$ Million) Table 29. Global Grid Modernization Service Sales Value by Application (2021-2026) & (US$ Million) Table 30. Global Grid Modernization Service Sales Value by Application (2027-2032) & (US$ Million) Table 31. Global Grid Modernization Service Sales Value Share by Application (2021-2026) Table 32. Global Grid Modernization Service Sales Value Share by Application (2027-2032) Table 33. Global Grid Modernization Service Sales Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Table 34. Global Grid Modernization Service Sales Value by Region (2021-2026) & (US$ Million) Table 35. Global Grid Modernization Service Sales Value Share by Region (2021-2026) Table 36. Global Grid Modernization Service Sales Value by Region (2027-2032) & (US$ Million) Table 37. Global Grid Modernization Service Sales Value Share by Region (2027-2032) Table 38. Global Grid Modernization Service Sales Value by Country: 2021 VS 2025 VS 2032 (US$ Million) Table 39. Global Grid Modernization Service Sales Value by Country (2021-2026) & (US$ Million) Table 40. Global Grid Modernization Service Sales Value Market Share by Country (2021-2026) Table 41. Global Grid Modernization Service Sales Value by Country (2027-2032) & (US$ Million) Table 42. Global Grid Modernization Service Sales Value Market Share by Country (2027-2032) Table 43. Burns & McDonnell Company Information Table 44. Burns & McDonnell Business Overview Table 45. Burns & McDonnell Grid Modernization Service Revenue (US$ Million) and Gross Margin (2021-2026) Table 46. Burns & McDonnell Grid Modernization Service Product Portfolio Table 47. Burns & McDonnell Recent Development Table 48. Eaton Company Information Table 49. Eaton Business Overview Table 50. Eaton Grid Modernization Service Revenue (US$ Million) and Gross Margin (2021-2026) Table 51. Eaton Grid Modernization Service Product Portfolio Table 52. Eaton Recent Development Table 53. EnerNex Company Information Table 54. EnerNex Business Overview Table 55. EnerNex Grid Modernization Service Revenue (US$ Million) and Gross Margin (2021-2026) Table 56. EnerNex Grid Modernization Service Product Portfolio Table 57. EnerNex Recent Development Table 58. GE Vernova Company Information Table 59. GE Vernova Business Overview Table 60. GE Vernova Grid Modernization Service Revenue (US$ Million) and Gross Margin (2021-2026) Table 61. GE Vernova Grid Modernization Service Product Portfolio Table 62. GE Vernova Recent Development Table 63. Hawaiian Electric Company Information Table 64. Hawaiian Electric Business Overview Table 65. Hawaiian Electric Grid Modernization Service Revenue (US$ Million) and Gross Margin (2021-2026) Table 66. Hawaiian Electric Grid Modernization Service Product Portfolio Table 67. Hawaiian Electric Recent Development Table 68. Hitachi Energy Company Information Table 69. Hitachi Energy Business Overview Table 70. Hitachi Energy Grid Modernization Service Revenue (US$ Million) and Gross Margin (2021-2026) Table 71. Hitachi Energy Grid Modernization Service Product Portfolio Table 72. Hitachi Energy Recent Development Table 73. Infosys Company Information Table 74. Infosys Business Overview Table 75. Infosys Grid Modernization Service Revenue (US$ Million) and Gross Margin (2021-2026) Table 76. Infosys Grid Modernization Service Product Portfolio Table 77. Infosys Recent Development Table 78. Quanta Technology Company Information Table 79. Quanta Technology Business Overview Table 80. Quanta Technology Grid Modernization Service Revenue (US$ Million) and Gross Margin (2021-2026) Table 81. Quanta Technology Grid Modernization Service Product Portfolio Table 82. Quanta Technology Recent Development Table 83. Resource Innovations Company Information Table 84. Resource Innovations Business Overview Table 85. Resource Innovations Grid Modernization Service Revenue (US$ Million) and Gross Margin (2021-2026) Table 86. Resource Innovations Grid Modernization Service Product Portfolio Table 87. Resource Innovations Recent Development Table 88. Schweitzer Engineering Laboratories Company Information Table 89. Schweitzer Engineering Laboratories Business Overview Table 90. Schweitzer Engineering Laboratories Grid Modernization Service Revenue (US$ Million) and Gross Margin (2021-2026) Table 91. Schweitzer Engineering Laboratories Grid Modernization Service Product Portfolio Table 92. Schweitzer Engineering Laboratories Recent Development Table 93. SEL Company Information Table 94. SEL Business Overview Table 95. SEL Grid Modernization Service Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 96. SEL Grid Modernization Service Product Portfolio Table 97. SEL Recent Development Table 98. Stantec Company Information Table 99. Stantec Business Overview Table 100. Stantec Grid Modernization Service Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 101. Stantec Grid Modernization Service Product Portfolio Table 102. Stantec Recent Development Table 103. TRC Companies Company Information Table 104. TRC Companies Business Overview Table 105. TRC Companies Grid Modernization Service Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 106. TRC Companies Grid Modernization Service Product Portfolio Table 107. TRC Companies Recent Development Table 108. Wipro Company Information Table 109. Wipro Business Overview Table 110. Wipro Grid Modernization Service Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 111. Wipro Grid Modernization Service Product Portfolio Table 112. Wipro Recent Development Table 113. Actalent Company Information Table 114. Actalent Business Overview Table 115. Actalent Grid Modernization Service Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 116. Actalent Grid Modernization Service Product Portfolio Table 117. Actalent Recent Development Table 118. AECOM Company Information Table 119. AECOM Business Overview Table 120. AECOM Grid Modernization Service Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 121. AECOM Grid Modernization Service Product Portfolio Table 122. AECOM Recent Development Table 123. Basler Electric Company Information Table 124. Basler Electric Business Overview Table 125. Basler Electric Grid Modernization Service Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 126. Basler Electric Grid Modernization Service Product Portfolio Table 127. Basler Electric Recent Development Table 128. Research Programs/Design for This Report Table 129. Authors List of This Report Table 130. Secondary Sources Table 131. Primary Sources List of Figures Figure 1. Grid Modernization Service Product Image Figure 2. Global Grid Modernization Service Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Grid Modernization Service Market Size (2021-2032) & (US$ Million) Figure 4. Global Grid Modernization Service Company Revenue Ranking in 2025 (US$ Million) Figure 5. Global Top 5 and 10 Company Market Share by Revenue in 2025 (US$ Million) Figure 6. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 7. Digitalization and IoT Services Image Figure 8. Data Analytics and Artificial Intelligence Services Image Figure 9. Automation and Control System Upgrade Services Image Figure 10. Flexible Power Transmission Services Image Figure 11. Others Image Figure 12. Global Grid Modernization Service Sales Value by Type (2021 VS 2025 VS 2032) & (US$ Million) Figure 13. Global Grid Modernization Service Sales Value Share 2021 VS 2025 VS 2032 Figure 14. Global Grid Modernization Service Sales Value Share by Type (2021-2032) Figure 15. Power Transmission and Distribution Operators Image Figure 16. Industrial and Commercial Image Figure 17. Municipal and Public Utilities Image Figure 18. Others Image Figure 19. Global Grid Modernization Service Sales Value by Application (2021 VS 2025 VS 2032) & (US$ Million) Figure 20. Global Grid Modernization Service Sales Value Share 2021 VS 2025 VS 2032 Figure 21. Global Grid Modernization Service Sales Value Share by Application (2021-2032) Figure 22. Global Grid Modernization Service Sales Value Comparison by Region: 2021 VS 2025 VS 2032 (US$ Million) Figure 23. Global Grid Modernization Service Sales Value Share by Region: 2021 VS 2025 VS 2032 Figure 24. North America Grid Modernization Service Sales Value (2021-2032) & (US$ Million) Figure 25. North America Grid Modernization Service Sales Value Share by Country (%), 2025 VS 2032 Figure 26. Europe Grid Modernization Service Sales Value (2021-2032) & (US$ Million) Figure 27. Europe Grid Modernization Service Sales Value Share by Country (%), 2025 VS 2032 Figure 28. Asia-Pacific Grid Modernization Service Sales Value (2021-2032) & (US$ Million) Figure 29. Asia-Pacific Grid Modernization Service Sales Value Share by Country (%), 2025 VS 2032 Figure 30. South America Grid Modernization Service Sales Value (2021-2032) & (US$ Million) Figure 31. South America Grid Modernization Service Sales Value Share by Country (%), 2025 VS 2032 Figure 32. Middle East & Africa Grid Modernization Service Sales Value (2021-2032) & (US$ Million) Figure 33. Middle East & Africa Grid Modernization Service Sales Value Share by Country (%), 2025 VS 2032 Figure 34. USA Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 35. USA Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 36. USA Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 37. Canada Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 38. Canada Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 39. Canada Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 40. Mexico Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 41. Mexico Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 42. Mexico Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 43. Germany Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 44. Germany Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 45. Germany Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 46. France Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 47. France Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 48. France Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 49. U.K. Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 50. U.K. Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 51. U.K. Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 52. Italy Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 53. Italy Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 54. Italy Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 55. Spain Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 56. Spain Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 57. Spain Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 58. Russia Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 59. Russia Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 60. Russia Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 61. Netherlands Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 62. Netherlands Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 63. Netherlands Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 64. Nordic Countries Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 65. Nordic Countries Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 66. Nordic Countries Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 67. China Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 68. China Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 69. China Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 70. Japan Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 71. Japan Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 72. Japan Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 73. South Korea Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 74. South Korea Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 75. South Korea Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 76. India Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 77. India Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 78. India Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 79. Australia Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 80. Australia Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 81. Australia Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 82. Southeast Asia Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 83. Southeast Asia Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 84. Southeast Asia Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 85. Brazil Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 86. Brazil Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 87. Brazil Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 88. Argentina Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 89. Argentina Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 90. Argentina Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 91. Chile Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 92. Chile Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 93. Chile Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 94. Colombia Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 95. Colombia Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 96. Colombia Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 97. Peru Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 98. Peru Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 99. Peru Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 100. Saudi Arabia Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 101. Saudi Arabia Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 102. Saudi Arabia Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 103. Israel Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 104. Israel Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 105. Israel Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 106. UAE Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 107. UAE Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 108. UAE Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 109. Turkey Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 110. Turkey Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 111. Turkey Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 112. Iran Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 113. Iran Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 114. Iran Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 115. Egypt Grid Modernization Service Sales Value Growth Rate (2021-2032) & (US$ Million) Figure 116. Egypt Grid Modernization Service Sales Value Share by Type, 2025 VS 2032 & (%) Figure 117. Egypt Grid Modernization Service Sales Value Share by Application, 2025 VS 2032 & (%) Figure 118. Years Considered Figure 119. Research Process Figure 120. Key Executives Interviewed

Scope & coverage.

Types
  • Digitalization and IoT Services
  • Data Analytics and Artificial Intelligence Services
  • Automation and Control System Upgrade Services
  • Flexible Power Transmission Services
  • Others
Applications
  • Power Transmission and Distribution Operators
  • Industrial and Commercial
  • Municipal and Public Utilities
  • Others
Companies covered
  • Burns & McDonnell
  • Eaton
  • EnerNex
  • GE Vernova
  • Hawaiian Electric
  • Hitachi Energy
  • Infosys
  • Quanta Technology
  • Resource Innovations
  • Schweitzer Engineering Laboratories
  • SEL
  • Stantec
  • TRC Companies
  • Wipro
  • Actalent
  • AECOM
  • Basler Electric

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Grid Modernization Service Market Size, 2021 VS 2025 VS 2032
  3. 1.3 Global Grid Modernization Service Market Size (2021-2032)
  4. 1.4 Assumptions and Limitations
  5. 1.5 Study Goals and Objectives
2 Grid Modernization Service Market Dynamics
  1. 2.1 Grid Modernization Service Industry Trends
  2. 2.2 Grid Modernization Service Industry Drivers
  3. 2.3 Grid Modernization Service Industry Opportunities and Challenges
  4. 2.4 Grid Modernization Service Industry Restraints
3 Grid Modernization Service Market by Company
  1. 3.1 Global Grid Modernization Service Company Revenue Ranking in 2025
  2. 3.2 Global Grid Modernization Service Revenue by Company (2021-2026)
  3. 3.3 Global Grid Modernization Service Company Ranking (2024-2026)
  4. 3.4 Global Grid Modernization Service Company Manufacturing Base and Headquarters
  5. 3.5 Global Grid Modernization Service Company Product Type and Application
  6. 3.6 Global Grid Modernization Service Company Establishment Date
  7. 3.7 Market Competitive Analysis
  8. 3.7.1 Global Grid Modernization Service Market Concentration Ratio (CR5 and HHI)
  9. 3.7.2 Global Top 5 and 10 Company Market Share by Revenue in 2025
  10. 3.7.3 2025 Grid Modernization Service Tier 1, Tier 2, and Tier 3 Companies
  11. 3.8 Mergers and Acquisitions Expansion
4 Grid Modernization Service Market by Type
  1. 4.1 Grid Modernization Service Type Introduction
  2. 4.1.1 Digitalization and IoT Services
  3. 4.1.2 Data Analytics and Artificial Intelligence Services
  4. 4.1.3 Automation and Control System Upgrade Services
  5. 4.1.4 Flexible Power Transmission Services
  6. 4.1.5 Others
  7. 4.2 Global Grid Modernization Service Sales Value by Type
  8. 4.2.1 Global Grid Modernization Service Sales Value by Type (2021 VS 2025 VS 2032)
  9. 4.2.2 Global Grid Modernization Service Sales Value by Type (2021-2032)
  10. 4.2.3 Global Grid Modernization Service Sales Value Share by Type (2021-2032)
5 Grid Modernization Service Market by Application
  1. 5.1 Grid Modernization Service Application Introduction
  2. 5.1.1 Power Transmission and Distribution Operators
  3. 5.1.2 Industrial and Commercial
  4. 5.1.3 Municipal and Public Utilities
  5. 5.1.4 Others
  6. 5.2 Global Grid Modernization Service Sales Value by Application
  7. 5.2.1 Global Grid Modernization Service Sales Value by Application (2021 VS 2025 VS 2032)
  8. 5.2.2 Global Grid Modernization Service Sales Value by Application (2021-2032)
  9. 5.2.3 Global Grid Modernization Service Sales Value Share by Application (2021-2032)
6 Grid Modernization Service Regional Value Analysis
  1. 6.1 Global Grid Modernization Service Sales Value by Region: 2021 VS 2025 VS 2032
  2. 6.2 Global Grid Modernization Service Sales Value by Region (2021-2032)
  3. 6.2.1 Global Grid Modernization Service Sales Value by Region: 2021-2026
  4. 6.2.2 Global Grid Modernization Service Sales Value by Region (2027-2032)
  5. 6.3 North America
  6. 6.3.1 North America Grid Modernization Service Sales Value (2021-2032)
  7. 6.3.2 North America Grid Modernization Service Sales Value Share by Country, 2025 VS 2032
  8. 6.4 Europe
  9. 6.4.1 Europe Grid Modernization Service Sales Value (2021-2032)
  10. 6.4.2 Europe Grid Modernization Service Sales Value Share by Country, 2025 VS 2032
  11. 6.5 Asia-Pacific
  12. 6.5.1 Asia-Pacific Grid Modernization Service Sales Value (2021-2032)
  13. 6.5.2 Asia-Pacific Grid Modernization Service Sales Value Share by Country, 2025 VS 2032
  14. 6.6 South America
  15. 6.6.1 South America Grid Modernization Service Sales Value (2021-2032)
  16. 6.6.2 South America Grid Modernization Service Sales Value Share by Country, 2025 VS 2032
  17. 6.7 Middle East & Africa
  18. 6.7.1 Middle East & Africa Grid Modernization Service Sales Value (2021-2032)
  19. 6.7.2 Middle East & Africa Grid Modernization Service Sales Value Share by Country, 2025 VS 2032
7 Grid Modernization Service Country-level Value Analysis
  1. 7.1 Global Grid Modernization Service Sales Value by Country: 2021 VS 2025 VS 2032
  2. 7.2 Global Grid Modernization Service Sales Value by Country (2021-2032)
  3. 7.2.1 Global Grid Modernization Service Sales Value by Country (2021-2026)
  4. 7.2.2 Global Grid Modernization Service Sales Value by Country (2027-2032)
  5. 7.3 USA
  6. 7.3.1 USA Grid Modernization Service Sales Value Growth Rate (2021-2032)
  7. 7.3.2 USA Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  8. 7.3.3 USA Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  9. 7.4 Canada
  10. 7.4.1 Canada Grid Modernization Service Sales Value Growth Rate (2021-2032)
  11. 7.4.2 Canada Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  12. 7.4.3 Canada Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  13. 7.5 Mexico
  14. 7.5.1 Mexico Grid Modernization Service Sales Value Growth Rate (2021-2032)
  15. 7.5.2 Mexico Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  16. 7.5.3 Mexico Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  17. 7.6 Germany
  18. 7.6.1 Germany Grid Modernization Service Sales Value Growth Rate (2021-2032)
  19. 7.6.2 Germany Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  20. 7.6.3 Germany Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  21. 7.7 France
  22. 7.7.1 France Grid Modernization Service Sales Value Growth Rate (2021-2032)
  23. 7.7.2 France Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  24. 7.7.3 France Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  25. 7.8 U.K.
  26. 7.8.1 U.K. Grid Modernization Service Sales Value Growth Rate (2021-2032)
  27. 7.8.2 U.K. Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  28. 7.8.3 U.K. Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  29. 7.9 Italy
  30. 7.9.1 Italy Grid Modernization Service Sales Value Growth Rate (2021-2032)
  31. 7.9.2 Italy Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  32. 7.9.3 Italy Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  33. 7.10 Spain
  34. 7.10.1 Spain Grid Modernization Service Sales Value Growth Rate (2021-2032)
  35. 7.10.2 Spain Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  36. 7.10.3 Spain Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  37. 7.11 Russia
  38. 7.11.1 Russia Grid Modernization Service Sales Value Growth Rate (2021-2032)
  39. 7.11.2 Russia Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  40. 7.11.3 Russia Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  41. 7.12 Netherlands
  42. 7.12.1 Netherlands Grid Modernization Service Sales Value Growth Rate (2021-2032)
  43. 7.12.2 Netherlands Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  44. 7.12.3 Netherlands Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  45. 7.13 Nordic Countries
  46. 7.13.1 Nordic Countries Grid Modernization Service Sales Value Growth Rate (2021-2032)
  47. 7.13.2 Nordic Countries Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  48. 7.13.3 Nordic Countries Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  49. 7.14 China
  50. 7.14.1 China Grid Modernization Service Sales Value Growth Rate (2021-2032)
  51. 7.14.2 China Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  52. 7.14.3 China Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  53. 7.15 Japan
  54. 7.15.1 Japan Grid Modernization Service Sales Value Growth Rate (2021-2032)
  55. 7.15.2 Japan Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  56. 7.15.3 Japan Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  57. 7.16 South Korea
  58. 7.16.1 South Korea Grid Modernization Service Sales Value Growth Rate (2021-2032)
  59. 7.16.2 South Korea Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  60. 7.16.3 South Korea Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  61. 7.17 India
  62. 7.17.1 India Grid Modernization Service Sales Value Growth Rate (2021-2032)
  63. 7.17.2 India Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  64. 7.17.3 India Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  65. 7.18 Australia
  66. 7.18.1 Australia Grid Modernization Service Sales Value Growth Rate (2021-2032)
  67. 7.18.2 Australia Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  68. 7.18.3 Australia Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  69. 7.19 Southeast Asia
  70. 7.19.1 Southeast Asia Grid Modernization Service Sales Value Growth Rate (2021-2032)
  71. 7.19.2 Southeast Asia Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  72. 7.19.3 Southeast Asia Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  73. 7.20 Brazil
  74. 7.20.1 Brazil Grid Modernization Service Sales Value Growth Rate (2021-2032)
  75. 7.20.2 Brazil Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  76. 7.20.3 Brazil Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  77. 7.21 Argentina
  78. 7.21.1 Argentina Grid Modernization Service Sales Value Growth Rate (2021-2032)
  79. 7.21.2 Argentina Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  80. 7.21.3 Argentina Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  81. 7.22 Chile
  82. 7.22.1 Chile Grid Modernization Service Sales Value Growth Rate (2021-2032)
  83. 7.22.2 Chile Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  84. 7.22.3 Chile Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  85. 7.23 Colombia
  86. 7.23.1 Colombia Grid Modernization Service Sales Value Growth Rate (2021-2032)
  87. 7.23.2 Colombia Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  88. 7.23.3 Colombia Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  89. 7.24 Peru
  90. 7.24.1 Peru Grid Modernization Service Sales Value Growth Rate (2021-2032)
  91. 7.24.2 Peru Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  92. 7.24.3 Peru Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  93. 7.25 Saudi Arabia
  94. 7.25.1 Saudi Arabia Grid Modernization Service Sales Value Growth Rate (2021-2032)
  95. 7.25.2 Saudi Arabia Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  96. 7.25.3 Saudi Arabia Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  97. 7.26 Israel
  98. 7.26.1 Israel Grid Modernization Service Sales Value Growth Rate (2021-2032)
  99. 7.26.2 Israel Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  100. 7.26.3 Israel Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  101. 7.27 UAE
  102. 7.27.1 UAE Grid Modernization Service Sales Value Growth Rate (2021-2032)
  103. 7.27.2 UAE Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  104. 7.27.3 UAE Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  105. 7.28 Turkey
  106. 7.28.1 Turkey Grid Modernization Service Sales Value Growth Rate (2021-2032)
  107. 7.28.2 Turkey Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  108. 7.28.3 Turkey Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  109. 7.29 Iran
  110. 7.29.1 Iran Grid Modernization Service Sales Value Growth Rate (2021-2032)
  111. 7.29.2 Iran Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  112. 7.29.3 Iran Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
  113. 7.30 Egypt
  114. 7.30.1 Egypt Grid Modernization Service Sales Value Growth Rate (2021-2032)
  115. 7.30.2 Egypt Grid Modernization Service Sales Value Share by Type, 2025 VS 2032
  116. 7.30.3 Egypt Grid Modernization Service Sales Value Share by Application, 2025 VS 2032
8 Company Profiles
  1. 8.1 Burns & McDonnell
  2. 8.1.1 Burns & McDonnell Company Information
  3. 8.1.2 Burns & McDonnell Business Overview
  4. 8.1.3 Burns & McDonnell Grid Modernization Service Revenue and Gross Margin (2021-2026)
  5. 8.1.4 Burns & McDonnell Grid Modernization Service Product Portfolio
  6. 8.1.5 Burns & McDonnell Recent Developments
  7. 8.2 Eaton
  8. 8.2.1 Eaton Company Information
  9. 8.2.2 Eaton Business Overview
  10. 8.2.3 Eaton Grid Modernization Service Revenue and Gross Margin (2021-2026)
  11. 8.2.4 Eaton Grid Modernization Service Product Portfolio
  12. 8.2.5 Eaton Recent Developments
  13. 8.3 EnerNex
  14. 8.3.1 EnerNex Company Information
  15. 8.3.2 EnerNex Business Overview
  16. 8.3.3 EnerNex Grid Modernization Service Revenue and Gross Margin (2021-2026)
  17. 8.3.4 EnerNex Grid Modernization Service Product Portfolio
  18. 8.3.5 EnerNex Recent Developments
  19. 8.4 GE Vernova
  20. 8.4.1 GE Vernova Company Information
  21. 8.4.2 GE Vernova Business Overview
  22. 8.4.3 GE Vernova Grid Modernization Service Revenue and Gross Margin (2021-2026)
  23. 8.4.4 GE Vernova Grid Modernization Service Product Portfolio
  24. 8.4.5 GE Vernova Recent Developments
  25. 8.5 Hawaiian Electric
  26. 8.5.1 Hawaiian Electric Company Information
  27. 8.5.2 Hawaiian Electric Business Overview
  28. 8.5.3 Hawaiian Electric Grid Modernization Service Revenue and Gross Margin (2021-2026)
  29. 8.5.4 Hawaiian Electric Grid Modernization Service Product Portfolio
  30. 8.5.5 Hawaiian Electric Recent Developments
  31. 8.6 Hitachi Energy
  32. 8.6.1 Hitachi Energy Company Information
  33. 8.6.2 Hitachi Energy Business Overview
  34. 8.6.3 Hitachi Energy Grid Modernization Service Revenue and Gross Margin (2021-2026)
  35. 8.6.4 Hitachi Energy Grid Modernization Service Product Portfolio
  36. 8.6.5 Hitachi Energy Recent Developments
  37. 8.7 Infosys
  38. 8.7.1 Infosys Company Information
  39. 8.7.2 Infosys Business Overview
  40. 8.7.3 Infosys Grid Modernization Service Revenue and Gross Margin (2021-2026)
  41. 8.7.4 Infosys Grid Modernization Service Product Portfolio
  42. 8.7.5 Infosys Recent Developments
  43. 8.8 Quanta Technology
  44. 8.8.1 Quanta Technology Company Information
  45. 8.8.2 Quanta Technology Business Overview
  46. 8.8.3 Quanta Technology Grid Modernization Service Revenue and Gross Margin (2021-2026)
  47. 8.8.4 Quanta Technology Grid Modernization Service Product Portfolio
  48. 8.8.5 Quanta Technology Recent Developments
  49. 8.9 Resource Innovations
  50. 8.9.1 Resource Innovations Company Information
  51. 8.9.2 Resource Innovations Business Overview
  52. 8.9.3 Resource Innovations Grid Modernization Service Revenue and Gross Margin (2021-2026)
  53. 8.9.4 Resource Innovations Grid Modernization Service Product Portfolio
  54. 8.9.5 Resource Innovations Recent Developments
  55. 8.10 Schweitzer Engineering Laboratories
  56. 8.10.1 Schweitzer Engineering Laboratories Company Information
  57. 8.10.2 Schweitzer Engineering Laboratories Business Overview
  58. 8.10.3 Schweitzer Engineering Laboratories Grid Modernization Service Revenue and Gross Margin (2021-2026)
  59. 8.10.4 Schweitzer Engineering Laboratories Grid Modernization Service Product Portfolio
  60. 8.10.5 Schweitzer Engineering Laboratories Recent Developments
  61. 8.11 SEL
  62. 8.11.1 SEL Company Information
  63. 8.11.2 SEL Business Overview
  64. 8.11.3 SEL Grid Modernization Service Revenue and Gross Margin (2021-2026)
  65. 8.11.4 SEL Grid Modernization Service Product Portfolio
  66. 8.11.5 SEL Recent Developments
  67. 8.12 Stantec
  68. 8.12.1 Stantec Company Information
  69. 8.12.2 Stantec Business Overview
  70. 8.12.3 Stantec Grid Modernization Service Revenue and Gross Margin (2021-2026)
  71. 8.12.4 Stantec Grid Modernization Service Product Portfolio
  72. 8.12.5 Stantec Recent Developments
  73. 8.13 TRC Companies
  74. 8.13.1 TRC Companies Company Information
  75. 8.13.2 TRC Companies Business Overview
  76. 8.13.3 TRC Companies Grid Modernization Service Revenue and Gross Margin (2021-2026)
  77. 8.13.4 TRC Companies Grid Modernization Service Product Portfolio
  78. 8.13.5 TRC Companies Recent Developments
  79. 8.14 Wipro
  80. 8.14.1 Wipro Company Information
  81. 8.14.2 Wipro Business Overview
  82. 8.14.3 Wipro Grid Modernization Service Revenue and Gross Margin (2021-2026)
  83. 8.14.4 Wipro Grid Modernization Service Product Portfolio
  84. 8.14.5 Wipro Recent Developments
  85. 8.15 Actalent
  86. 8.15.1 Actalent Company Information
  87. 8.15.2 Actalent Business Overview
  88. 8.15.3 Actalent Grid Modernization Service Revenue and Gross Margin (2021-2026)
  89. 8.15.4 Actalent Grid Modernization Service Product Portfolio
  90. 8.15.5 Actalent Recent Developments
  91. 8.16 AECOM
  92. 8.16.1 AECOM Company Information
  93. 8.16.2 AECOM Business Overview
  94. 8.16.3 AECOM Grid Modernization Service Revenue and Gross Margin (2021-2026)
  95. 8.16.4 AECOM Grid Modernization Service Product Portfolio
  96. 8.16.5 AECOM Recent Developments
  97. 8.17 Basler Electric
  98. 8.17.1 Basler Electric Company Information
  99. 8.17.2 Basler Electric Business Overview
  100. 8.17.3 Basler Electric Grid Modernization Service Revenue and Gross Margin (2021-2026)
  101. 8.17.4 Basler Electric Grid Modernization Service Product Portfolio
  102. 8.17.5 Basler Electric Recent Developments
9 Concluding Insights
    10 Appendix
    1. 10.1 Reasons for Doing This Study
    2. 10.2 Research Methodology
    3. 10.3 Research Process
    4. 10.4 Authors List of This Report
    5. 10.5 Data Source
    6. 10.5.1 Secondary Sources
    7. 10.5.2 Primary Sources

    GET THE RESEARCH

    Choose your license.

    Choose who needs access.
    All options are for this report and research series.

    Compare access permissions.

    Single User License
    One named user. Individual access.
    Multi User License
    Up to 5 users in the same department.
    Enterprise License
    Organization-wide access within the agreed license.

    Access applies to the purchased edition. Later editions are separate purchases.

    License options
    $4,250USD
    Buy now

    PDF by email within 3–5 working days after payment confirmation.

    Talk to an analyst
    APO Research