APO Research, Inc.
Talk to an analyst

APO RESEARCH · REPORT

Grid Modernization Service

Compare research editions
View pricing & licenses

Selected research

Market Analysis & Forecast

Global Grid Modernization Service Market Analysis and Forecast 2026-2032

12 August 2026186 pages

Choose your research edition.

Industry ResearchGrid Modernization Service Industry Research Report 2026125 pages · $2,950 USDIndustry Growth & TrendsGlobal Grid Modernization Service Industry Growth and Trends Forecast to 2032110 pages · $3,450 USDMarket StructureGlobal Grid Modernization Service Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032197 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal Grid Modernization Service Market Outlook and Growth Opportunities 2026204 pages · $4,250 USDMarket Analysis & ForecastGlobal Grid Modernization Service Market Analysis and Forecast 2026-2032186 pages · $4,950 USD

Market perspective

The global Grid Modernization Service market is projected to grow from US$ million in 2026 to US$ million by 2032, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The North America market for Grid Modernization Service is estimated to increase from $ million in 2026 to reach $ million by 2032, at a CAGR of % during the forecast period of 2026 through 2032.

Europe market for Grid Modernization Service is estimated to increase from $ million in 2026 to reach $ million by 2032, at a CAGR of % during the forecast period of 2026 through 2032.

Read the full market overview

Asia-Pacific market for Grid Modernization Service is estimated to increase from $ million in 2026 to reach $ million by 2032, at a CAGR of % during the forecast period of 2026 through 2032.

The China market for Grid Modernization Service is estimated to increase from $ million in 2026 to reach $ million by 2032, at a CAGR of % during the forecast period of 2026 through 2032.

The major global companies of Grid Modernization Service include Burns & McDonnell, Eaton, EnerNex, GE Vernova, Hawaiian Electric, Hitachi Energy, Infosys, Quanta Technology and Resource Innovations, etc. In 2025, the world's top three vendors accounted for approximately % of the revenue.

Report Includes

This report presents an overview of global market for Grid Modernization Service, market size. Analyses of the global market trends, with historic market revenue data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.

This report researches the key producers of Grid Modernization Service, also provides the revenue of main regions and countries. Of the upcoming market potential for Grid Modernization Service, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Grid Modernization Service revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Grid Modernization Service market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2021 to 2032. Evaluation and forecast the market size for Grid Modernization Service revenue, projected growth trends, production technology, application and end-user industry.

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 status and future forecast, involving growth rate (CAGR), market share, historical and forecast.

2. To present the key players, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

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

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

6. To analyze 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 market size), 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, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Revenue of Grid Modernization Service in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 4: Detailed analysis of Grid Modernization Service company competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

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

Chapter 6: Provides the analysis of various market segments by application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Grid Modernization Service revenue, gross margin, and recent development, etc.

Chapter 8: North America by type, by application and by country, revenue for each segment.

Chapter 9: Europe by type, by application and by country, revenue for each segment.

Chapter 10: China type, by application, revenue for each segment.

Chapter 11: Asia (excluding China) type, by application and by region, revenue for each segment.

Chapter 12: South America, Middle East and Africa by type, by application and by country, revenue for each segment.

Chapter 13: The main concluding insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Global Grid Modernization Service Market Size Growth Rate by Type (US$ Million), 2021 VS 2025 VS 2032 Table 2. Digitalization and IoT Services Major Player Table 3. Data Analytics and Artificial Intelligence Services Major Player Table 4. Automation and Control System Upgrade Services Major Player Table 5. Flexible Power Transmission Services Major Player Table 6. Others Major Player Table 7. Global Grid Modernization Service Market Size Growth Rate by Application (US$ Million), 2021 VS 2025 VS 2032 Table 8. Power Transmission and Distribution Operators Major Player Table 9. Industrial and Commercial Major Player Table 10. Municipal and Public Utilities Major Player Table 11. Others Major Player Table 12. Grid Modernization Service Industry Trends Table 13. Grid Modernization Service Industry Drivers Table 14. Grid Modernization Service Industry Opportunities and Challenges Table 15. Grid Modernization Service Industry Restraints Table 16. Global Grid Modernization Service Market Size Growth Rate (CAGR) by Region (US$ Million): 2021 VS 2025 VS 2032 Table 17. Global Grid Modernization Service Market Size by Region (2021-2026) & (US$ Million) Table 18. Global Grid Modernization Service Market Share by Region (2021-2026) Table 19. Global Grid Modernization Service Market Size by Region (2027-2032) & (US$ Million) Table 20. Global Grid Modernization Service Market Share by Region (2027-2032) Table 21. Global Grid Modernization Service Revenue by Players (US$ Million) & (2021-2026) Table 22. Global Grid Modernization Service Revenue Market Share by Players (2021-2026) Table 23. Global Grid Modernization Service Key Players Ranking, 2024 VS 2025 VS 2026 Table 24. Global Grid Modernization Service Key Players Headquarters & Area Served Table 25. Global Grid Modernization Service Players, Product Type & Application Table 26. Global Grid Modernization Service Players Establishment Date Table 27. Global Players Market Concentration Ratio (CR5 and HHI) Table 28. Global Grid Modernization Service by Players Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 29. Global Grid Modernization Service Revenue by Type 2021 VS 2025 VS 2032 (US$ Million) Table 30. Global Grid Modernization Service Revenue by Type (2021-2026) & (US$ Million) Table 31. Global Grid Modernization Service Revenue by Type (2027-2032) & (US$ Million) Table 32. Global Grid Modernization Service Revenue Market Share by Type (2021-2026) Table 33. Global Grid Modernization Service Revenue Market Share by Type (2027-2032) Table 34. Global Grid Modernization Service Revenue by Application 2021 VS 2025 VS 2032 (US$ Million) Table 35. Global Grid Modernization Service Revenue by Application (2021-2026) & (US$ Million) Table 36. Global Grid Modernization Service Revenue by Application (2027-2032) & (US$ Million) Table 37. Global Grid Modernization Service Revenue Market Share by Application (2021-2026) Table 38. Global Grid Modernization Service Revenue Market Share by Application (2027-2032) Table 39. Burns & McDonnell Company Information Table 40. Burns & McDonnell Business Overview Table 41. Burns & McDonnell Grid Modernization Service Revenue and Gross Margin (US$ Million) & (2021-2026) Table 42. Burns & McDonnell Grid Modernization Service Product Portfolio Table 43. Burns & McDonnell Recent Development Table 44. Eaton Company Information Table 45. Eaton Business Overview Table 46. Eaton Grid Modernization Service Revenue and Gross Margin (US$ Million) & (2021-2026) Table 47. Eaton Grid Modernization Service Product Portfolio Table 48. Eaton Recent Development Table 49. EnerNex Company Information Table 50. EnerNex Business Overview Table 51. EnerNex Grid Modernization Service Revenue and Gross Margin (US$ Million) & (2021-2026) Table 52. EnerNex Grid Modernization Service Product Portfolio Table 53. EnerNex Recent Development Table 54. GE Vernova Company Information Table 55. GE Vernova Business Overview Table 56. GE Vernova Grid Modernization Service Revenue and Gross Margin (US$ Million) & (2021-2026) Table 57. GE Vernova Grid Modernization Service Product Portfolio Table 58. GE Vernova Recent Development Table 59. Hawaiian Electric Company Information Table 60. Hawaiian Electric Business Overview Table 61. Hawaiian Electric Grid Modernization Service Revenue and Gross Margin (US$ Million) & (2021-2026) Table 62. Hawaiian Electric Grid Modernization Service Product Portfolio Table 63. Hawaiian Electric Recent Development Table 64. Hitachi Energy Company Information Table 65. Hitachi Energy Business Overview Table 66. Hitachi Energy Grid Modernization Service Revenue and Gross Margin (US$ Million) & (2021-2026) Table 67. Hitachi Energy Grid Modernization Service Product Portfolio Table 68. Hitachi Energy Recent Development Table 69. Infosys Company Information Table 70. Infosys Business Overview Table 71. Infosys Grid Modernization Service Revenue and Gross Margin (US$ Million) & (2021-2026) Table 72. Infosys Grid Modernization Service Product Portfolio Table 73. Infosys Recent Development Table 74. Quanta Technology Company Information Table 75. Quanta Technology Business Overview Table 76. Quanta Technology Grid Modernization Service Revenue and Gross Margin (US$ Million) & (2021-2026) Table 77. Quanta Technology Grid Modernization Service Product Portfolio Table 78. Quanta Technology Recent Development Table 79. Resource Innovations Company Information Table 80. Resource Innovations Business Overview Table 81. Resource Innovations Grid Modernization Service Revenue and Gross Margin (US$ Million) & (2021-2026) Table 82. Resource Innovations Grid Modernization Service Product Portfolio Table 83. Resource Innovations Recent Development Table 84. Schweitzer Engineering Laboratories Company Information Table 85. Schweitzer Engineering Laboratories Business Overview Table 86. Schweitzer Engineering Laboratories Grid Modernization Service Revenue and Gross Margin (US$ Million) & (2021-2026) Table 87. Schweitzer Engineering Laboratories Grid Modernization Service Product Portfolio Table 88. Schweitzer Engineering Laboratories Recent Development Table 89. SEL Company Information Table 90. SEL Business Overview Table 91. SEL Grid Modernization Service Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 92. SEL Grid Modernization Service Product Portfolio Table 93. SEL Recent Development Table 94. Stantec Company Information Table 95. Stantec Business Overview Table 96. Stantec Grid Modernization Service Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 97. Stantec Grid Modernization Service Product Portfolio Table 98. Stantec Recent Development Table 99. TRC Companies Company Information Table 100. TRC Companies Business Overview Table 101. TRC Companies Grid Modernization Service Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 102. TRC Companies Grid Modernization Service Product Portfolio Table 103. TRC Companies Recent Development Table 104. Wipro Company Information Table 105. Wipro Business Overview Table 106. Wipro Grid Modernization Service Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 107. Wipro Grid Modernization Service Product Portfolio Table 108. Wipro Recent Development Table 109. Actalent Company Information Table 110. Actalent Business Overview Table 111. Actalent Grid Modernization Service Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 112. Actalent Grid Modernization Service Product Portfolio Table 113. Actalent Recent Development Table 114. AECOM Company Information Table 115. AECOM Business Overview Table 116. AECOM Grid Modernization Service Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 117. AECOM Grid Modernization Service Product Portfolio Table 118. AECOM Recent Development Table 119. Basler Electric Company Information Table 120. Basler Electric Business Overview Table 121. Basler Electric Grid Modernization Service Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 122. Basler Electric Grid Modernization Service Product Portfolio Table 123. Basler Electric Recent Development Table 124. North America Grid Modernization Service Revenue by Type (2021-2026) & (US$ Million) Table 125. North America Grid Modernization Service Revenue by Type (2027-2032) & (US$ Million) Table 126. North America Grid Modernization Service Revenue by Application (2021-2026) & (US$ Million) Table 127. North America Grid Modernization Service Revenue by Application (2027-2032) & (US$ Million) Table 128. North America Grid Modernization Service Revenue by Country (2021 VS 2025 VS 2032) & (US$ Million) Table 129. North America Grid Modernization Service Revenue by Country (2021-2026) & (US$ Million) Table 130. North America Grid Modernization Service Revenue by Country (US$ Million) & (2027-2032) Table 131. Europe Grid Modernization Service Revenue by Type (2021-2026) & (US$ Million) Table 132. Europe Grid Modernization Service Revenue by Type (2027-2032) & (US$ Million) Table 133. Europe Grid Modernization Service Revenue by Application (2021-2026) & (US$ Million) Table 134. Europe Grid Modernization Service Revenue by Application (2027-2032) & (US$ Million) Table 135. Europe Grid Modernization Service Revenue by Country (2021 VS 2025 VS 2032) & (US$ Million) Table 136. Europe Grid Modernization Service Revenue by Country (2021-2026) & (US$ Million) Table 137. Europe Grid Modernization Service Revenue by Country (US$ Million) & (2027-2032) Table 138. China Grid Modernization Service Revenue by Type (2021-2026) & (US$ Million) Table 139. China Grid Modernization Service Revenue by Type (2027-2032) & (US$ Million) Table 140. China Grid Modernization Service Revenue by Application (2021-2026) & (US$ Million) Table 141. China Grid Modernization Service Revenue by Application (2027-2032) & (US$ Million) Table 142. Asia Grid Modernization Service Revenue by Type (2021-2026) & (US$ Million) Table 143. Asia Grid Modernization Service Revenue by Type (2027-2032) & (US$ Million) Table 144. Asia Grid Modernization Service Revenue by Application (2021-2026) & (US$ Million) Table 145. Asia Grid Modernization Service Revenue by Application (2027-2032) & (US$ Million) Table 146. Asia Grid Modernization Service Revenue by Region (2021 VS 2025 VS 2032) & (US$ Million) Table 147. Asia Grid Modernization Service Revenue by Region (US$ Million) & (2021-2026) Table 148. Asia Grid Modernization Service Revenue by Region (US$ Million) & (2027-2032) Table 149. SAMEA Grid Modernization Service Revenue by Type (2021-2026) & (US$ Million) Table 150. SAMEA Grid Modernization Service Revenue by Type (2027-2032) & (US$ Million) Table 151. SAMEA Grid Modernization Service Revenue by Application (2021-2026) & (US$ Million) Table 152. SAMEA Grid Modernization Service Revenue by Application (2027-2032) & (US$ Million) Table 153. SAMEA Grid Modernization Service Revenue by Country (2021 VS 2025 VS 2032) & (US$ Million) Table 154. SAMEA Grid Modernization Service Revenue by Country (2021-2026) & (US$ Million) Table 155. SAMEA Grid Modernization Service Revenue by Country (US$ Million) & (2027-2032) Table 156. Research Programs/Design for This Report Table 157. Authors List of This Report Table 158. Secondary Sources Table 159. Primary Sources List of Figures Figure 1. Grid Modernization Service Image Figure 2. Global Grid Modernization Service Market Size Growth Rate by Type (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Grid Modernization Service Market Size Share 2021 VS 2025 VS 2032 Figure 4. Digitalization and IoT Services Image Figure 5. Data Analytics and Artificial Intelligence Services Image Figure 6. Automation and Control System Upgrade Services Image Figure 7. Flexible Power Transmission Services Image Figure 8. Others Image Figure 9. Global Grid Modernization Service Market Size Growth Rate by Application (US$ Million), 2021 VS 2025 VS 2032 Figure 10. Global Grid Modernization Service Market Size Share 2021 VS 2025 VS 2032 Figure 11. Power Transmission and Distribution Operators Image Figure 12. Industrial and Commercial Image Figure 13. Municipal and Public Utilities Image Figure 14. Others Image Figure 15. Global Grid Modernization Service Market Size (US$ Million) & (2021-2032) Figure 16. Global Grid Modernization Service Market Size, (US$ Million), 2021 VS 2025 VS 2032 Figure 17. Global Grid Modernization Service Market Share by Region: 2021 VS 2025 VS 2032 Figure 18. Global Grid Modernization Service Players Revenue Share Top 10 and Top 5 in 2025 Figure 19. Players Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 20. Global Grid Modernization Service Revenue by Type (2021 VS 2025 VS 2032) & (US$ Million) Figure 21. Global Grid Modernization Service Revenue Market Share 2021 VS 2025 VS 2032 Figure 22. Global Grid Modernization Service Revenue Market Share by Type (2021-2032) Figure 23. Global Grid Modernization Service Revenue by Application (2021 VS 2025 VS 2032) & (US$ Million) Figure 24. Global Grid Modernization Service Revenue Market Share by Application (2021 VS 2025 VS 2032) Figure 25. Global Grid Modernization Service Revenue Market Share by Application (2021-2032) Figure 26. North America Grid Modernization Service Revenue YoY Growth (2021-2032) & (US$ Million) Figure 27. North America Grid Modernization Service Revenue Share by Type (2021-2032) Figure 28. North America Grid Modernization Service Revenue Share by Application (2021-2032) Figure 29. North America Grid Modernization Service Revenue Share by Country (2021-2032) Figure 30. United States Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 31. Canada Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 32. Mexico Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 33. Europe Grid Modernization Service Revenue YoY Growth (2021-2032) & (US$ Million) Figure 34. Europe Grid Modernization Service Revenue Share by Type (2021-2032) Figure 35. Europe Grid Modernization Service Revenue Share by Application (2021-2032) Figure 36. Europe Grid Modernization Service Revenue Share by Country (2021-2032) Figure 37. Germany Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 38. France Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 39. U.K. Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 40. Italy Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 41. Spain Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 42. Russia Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 43. Netherlands Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 44. Nordic Countries Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 45. China Grid Modernization Service Revenue YoY Growth (2021-2032) & (US$ Million) Figure 46. China Grid Modernization Service Revenue Share by Type (2021-2032) Figure 47. China Grid Modernization Service Revenue Share by Application (2021-2032) Figure 48. Asia Grid Modernization Service Revenue YoY Growth (2021-2032) & (US$ Million) Figure 49. Asia Grid Modernization Service Revenue Share by Type (2021-2032) Figure 50. Asia Grid Modernization Service Revenue Share by Application (2021-2032) Figure 51. Asia Grid Modernization Service Revenue Share by Region (2021-2032) Figure 52. Japan Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 53. South Korea Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 54. India Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 55. Australia Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 56. Taiwan Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 57. Southeast Asia Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 58. SAMEA Grid Modernization Service Revenue YoY Growth (2021-2032) & (US$ Million) Figure 59. SAMEA Grid Modernization Service Revenue Share by Type (2021-2032) Figure 60. SAMEA Grid Modernization Service Revenue Share by Application (2021-2032) Figure 61. SAMEA Grid Modernization Service Revenue Share by Country (2021-2032) Figure 62. Brazil Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 63. Argentina Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 64. Chile Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 65. Colombia Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 66. Peru Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 67. Saudi Arabia Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 68. Israel Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 69. UAE Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 70. Turkey Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 71. Iran Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 72. Egypt Grid Modernization Service Revenue YoY Growth (US$ Million) & (2021-2032) Figure 73. Years Considered Figure 74. Research Process Figure 75. 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 Grid Modernization Service Market by Type
  3. 1.2.1 Global Grid Modernization Service Market Size by Type, 2021 VS 2025 VS 2032
  4. 1.2.2 Digitalization and IoT Services
  5. 1.2.3 Data Analytics and Artificial Intelligence Services
  6. 1.2.4 Automation and Control System Upgrade Services
  7. 1.2.5 Flexible Power Transmission Services
  8. 1.2.6 Others
  9. 1.3 Grid Modernization Service Market by Application
  10. 1.3.1 Global Grid Modernization Service Market Size by Application, 2021 VS 2025 VS 2032
  11. 1.3.2 Power Transmission and Distribution Operators
  12. 1.3.3 Industrial and Commercial
  13. 1.3.4 Municipal and Public Utilities
  14. 1.3.5 Others
  15. 1.4 Assumptions and Limitations
  16. 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 Global Growth Perspective
  1. 3.1 Global Grid Modernization Service Market Perspective (2021-2032)
  2. 3.2 Global Grid Modernization Service Growth Trends by Region
  3. 3.2.1 Global Grid Modernization Service Market Size by Region: 2021 VS 2025 VS 2032
  4. 3.2.2 Global Grid Modernization Service Market Size by Region (2021-2026)
  5. 3.2.3 Global Grid Modernization Service Market Size by Region (2027-2032)
4 Competitive Landscape by Players
  1. 4.1 Global Grid Modernization Service Revenue by Players
  2. 4.1.1 Global Grid Modernization Service Revenue by Players (2021-2026)
  3. 4.1.2 Global Grid Modernization Service Revenue Market Share by Players (2021-2026)
  4. 4.1.3 Global Grid Modernization Service Players Revenue Share Top 10 and Top 5 in 2025
  5. 4.2 Global Grid Modernization Service Key Players Ranking, 2024 VS 2025 VS 2026
  6. 4.3 Global Grid Modernization Service Key Players Headquarters & Area Served
  7. 4.4 Global Grid Modernization Service Players, Product Type & Application
  8. 4.5 Global Grid Modernization Service Players Establishment Date
  9. 4.6 Market Competitive Analysis
  10. 4.6.1 Global Grid Modernization Service Market CR5 and HHI
  11. 4.6.3 2025 Grid Modernization Service Tier 1, Tier 2, and Tier 3
5 Grid Modernization Service Market Size by Type
  1. 5.1 Global Grid Modernization Service Revenue by Type (2021 VS 2025 VS 2032)
  2. 5.2 Global Grid Modernization Service Revenue by Type (2021-2032)
  3. 5.3 Global Grid Modernization Service Revenue Market Share by Type (2021-2032)
6 Grid Modernization Service Market Size by Application
  1. 6.1 Global Grid Modernization Service Revenue by Application (2021 VS 2025 VS 2032)
  2. 6.2 Global Grid Modernization Service Revenue by Application (2021-2032)
  3. 6.3 Global Grid Modernization Service Revenue Market Share by Application (2021-2032)
7 Company Profiles
  1. 7.1 Burns & McDonnell
  2. 7.1.1 Burns & McDonnell Company Information
  3. 7.1.2 Burns & McDonnell Business Overview
  4. 7.1.3 Burns & McDonnell Grid Modernization Service Revenue and Gross Margin (2021-2026)
  5. 7.1.4 Burns & McDonnell Grid Modernization Service Product Portfolio
  6. 7.1.5 Burns & McDonnell Recent Developments
  7. 7.2 Eaton
  8. 7.2.1 Eaton Company Information
  9. 7.2.2 Eaton Business Overview
  10. 7.2.3 Eaton Grid Modernization Service Revenue and Gross Margin (2021-2026)
  11. 7.2.4 Eaton Grid Modernization Service Product Portfolio
  12. 7.2.5 Eaton Recent Developments
  13. 7.3 EnerNex
  14. 7.3.1 EnerNex Company Information
  15. 7.3.2 EnerNex Business Overview
  16. 7.3.3 EnerNex Grid Modernization Service Revenue and Gross Margin (2021-2026)
  17. 7.3.4 EnerNex Grid Modernization Service Product Portfolio
  18. 7.3.5 EnerNex Recent Developments
  19. 7.4 GE Vernova
  20. 7.4.1 GE Vernova Company Information
  21. 7.4.2 GE Vernova Business Overview
  22. 7.4.3 GE Vernova Grid Modernization Service Revenue and Gross Margin (2021-2026)
  23. 7.4.4 GE Vernova Grid Modernization Service Product Portfolio
  24. 7.4.5 GE Vernova Recent Developments
  25. 7.5 Hawaiian Electric
  26. 7.5.1 Hawaiian Electric Company Information
  27. 7.5.2 Hawaiian Electric Business Overview
  28. 7.5.3 Hawaiian Electric Grid Modernization Service Revenue and Gross Margin (2021-2026)
  29. 7.5.4 Hawaiian Electric Grid Modernization Service Product Portfolio
  30. 7.5.5 Hawaiian Electric Recent Developments
  31. 7.6 Hitachi Energy
  32. 7.6.1 Hitachi Energy Company Information
  33. 7.6.2 Hitachi Energy Business Overview
  34. 7.6.3 Hitachi Energy Grid Modernization Service Revenue and Gross Margin (2021-2026)
  35. 7.6.4 Hitachi Energy Grid Modernization Service Product Portfolio
  36. 7.6.5 Hitachi Energy Recent Developments
  37. 7.7 Infosys
  38. 7.7.1 Infosys Company Information
  39. 7.7.2 Infosys Business Overview
  40. 7.7.3 Infosys Grid Modernization Service Revenue and Gross Margin (2021-2026)
  41. 7.7.4 Infosys Grid Modernization Service Product Portfolio
  42. 7.7.5 Infosys Recent Developments
  43. 7.8 Quanta Technology
  44. 7.8.1 Quanta Technology Company Information
  45. 7.8.2 Quanta Technology Business Overview
  46. 7.8.3 Quanta Technology Grid Modernization Service Revenue and Gross Margin (2021-2026)
  47. 7.8.4 Quanta Technology Grid Modernization Service Product Portfolio
  48. 7.8.5 Quanta Technology Recent Developments
  49. 7.9 Resource Innovations
  50. 7.9.1 Resource Innovations Company Information
  51. 7.9.2 Resource Innovations Business Overview
  52. 7.9.3 Resource Innovations Grid Modernization Service Revenue and Gross Margin (2021-2026)
  53. 7.9.4 Resource Innovations Grid Modernization Service Product Portfolio
  54. 7.9.5 Resource Innovations Recent Developments
  55. 7.10 Schweitzer Engineering Laboratories
  56. 7.10.1 Schweitzer Engineering Laboratories Company Information
  57. 7.10.2 Schweitzer Engineering Laboratories Business Overview
  58. 7.10.3 Schweitzer Engineering Laboratories Grid Modernization Service Revenue and Gross Margin (2021-2026)
  59. 7.10.4 Schweitzer Engineering Laboratories Grid Modernization Service Product Portfolio
  60. 7.10.5 Schweitzer Engineering Laboratories Recent Developments
  61. 7.11 SEL
  62. 7.11.1 SEL Company Information
  63. 7.11.2 SEL Business Overview
  64. 7.11.3 SEL Grid Modernization Service Revenue and Gross Margin (2021-2026)
  65. 7.11.4 SEL Grid Modernization Service Product Portfolio
  66. 7.11.5 SEL Recent Developments
  67. 7.12 Stantec
  68. 7.12.1 Stantec Company Information
  69. 7.12.2 Stantec Business Overview
  70. 7.12.3 Stantec Grid Modernization Service Revenue and Gross Margin (2021-2026)
  71. 7.12.4 Stantec Grid Modernization Service Product Portfolio
  72. 7.12.5 Stantec Recent Developments
  73. 7.13 TRC Companies
  74. 7.13.1 TRC Companies Company Information
  75. 7.13.2 TRC Companies Business Overview
  76. 7.13.3 TRC Companies Grid Modernization Service Revenue and Gross Margin (2021-2026)
  77. 7.13.4 TRC Companies Grid Modernization Service Product Portfolio
  78. 7.13.5 TRC Companies Recent Developments
  79. 7.14 Wipro
  80. 7.14.1 Wipro Company Information
  81. 7.14.2 Wipro Business Overview
  82. 7.14.3 Wipro Grid Modernization Service Revenue and Gross Margin (2021-2026)
  83. 7.14.4 Wipro Grid Modernization Service Product Portfolio
  84. 7.14.5 Wipro Recent Developments
  85. 7.15 Actalent
  86. 7.15.1 Actalent Company Information
  87. 7.15.2 Actalent Business Overview
  88. 7.15.3 Actalent Grid Modernization Service Revenue and Gross Margin (2021-2026)
  89. 7.15.4 Actalent Grid Modernization Service Product Portfolio
  90. 7.15.5 Actalent Recent Developments
  91. 7.16 AECOM
  92. 7.16.1 AECOM Company Information
  93. 7.16.2 AECOM Business Overview
  94. 7.16.3 AECOM Grid Modernization Service Revenue and Gross Margin (2021-2026)
  95. 7.16.4 AECOM Grid Modernization Service Product Portfolio
  96. 7.16.5 AECOM Recent Developments
  97. 7.17 Basler Electric
  98. 7.17.1 Basler Electric Company Information
  99. 7.17.2 Basler Electric Business Overview
  100. 7.17.3 Basler Electric Grid Modernization Service Revenue and Gross Margin (2021-2026)
  101. 7.17.4 Basler Electric Grid Modernization Service Product Portfolio
  102. 7.17.5 Basler Electric Recent Developments
8 North America
  1. 8.1 North America Grid Modernization Service Revenue (2021-2032)
  2. 8.2 North America Grid Modernization Service Revenue by Type (2021-2032)
  3. 8.2.1 North America Grid Modernization Service Revenue by Type (2021-2026)
  4. 8.2.2 North America Grid Modernization Service Revenue by Type (2027-2032)
  5. 8.3 North America Grid Modernization Service Revenue Share by Type (2021-2032)
  6. 8.4 North America Grid Modernization Service Revenue by Application (2021-2032)
  7. 8.4.1 North America Grid Modernization Service Revenue by Application (2021-2026)
  8. 8.4.2 North America Grid Modernization Service Revenue by Application (2027-2032)
  9. 8.5 North America Grid Modernization Service Revenue Share by Application (2021-2032)
  10. 8.6 North America Grid Modernization Service Revenue by Country
  11. 8.6.1 North America Grid Modernization Service Revenue by Country (2021 VS 2025 VS 2032)
  12. 8.6.2 North America Grid Modernization Service Revenue by Country (2021-2026)
  13. 8.6.3 North America Grid Modernization Service Revenue by Country (2027-2032)
  14. 8.6.4 United States
  15. 8.6.5 Canada
  16. 8.6.6 Mexico
9 Europe
  1. 9.1 Europe Grid Modernization Service Revenue (2021-2032)
  2. 9.2 Europe Grid Modernization Service Revenue by Type (2021-2032)
  3. 9.2.1 Europe Grid Modernization Service Revenue by Type (2021-2026)
  4. 9.2.2 Europe Grid Modernization Service Revenue by Type (2027-2032)
  5. 9.3 Europe Grid Modernization Service Revenue Share by Type (2021-2032)
  6. 9.4 Europe Grid Modernization Service Revenue by Application (2021-2032)
  7. 9.4.1 Europe Grid Modernization Service Revenue by Application (2021-2026)
  8. 9.4.2 Europe Grid Modernization Service Revenue by Application (2027-2032)
  9. 9.5 Europe Grid Modernization Service Revenue Share by Application (2021-2032)
  10. 9.6 Europe Grid Modernization Service Revenue by Country
  11. 9.6.1 Europe Grid Modernization Service Revenue by Country (2021 VS 2025 VS 2032)
  12. 9.6.2 Europe Grid Modernization Service Revenue by Country (2021-2026)
  13. 9.6.3 Europe Grid Modernization Service Revenue by Country (2027-2032)
  14. 9.6.4 Germany
  15. 9.6.5 France
  16. 9.6.6 U.K.
  17. 9.6.7 Italy
  18. 9.6.8 Russia
  19. 9.6.9 Spain
  20. 9.6.10 Netherlands
  21. 9.6.11 Switzerland
  22. 9.6.12 Sweden
  23. 9.6.13 Poland
10 China
  1. 10.1 China Grid Modernization Service Revenue (2021-2032)
  2. 10.2 China Grid Modernization Service Revenue by Type (2021-2032)
  3. 10.2.1 China Grid Modernization Service Revenue by Type (2021-2026)
  4. 10.2.2 China Grid Modernization Service Revenue by Type (2027-2032)
  5. 10.3 China Grid Modernization Service Revenue Share by Type (2021-2032)
  6. 10.4 China Grid Modernization Service Revenue by Application (2021-2032)
  7. 10.4.1 China Grid Modernization Service Revenue by Application (2021-2026)
  8. 10.4.2 China Grid Modernization Service Revenue by Application (2027-2032)
  9. 10.5 China Grid Modernization Service Revenue Share by Application (2021-2032)
11 Asia (Excluding China)
  1. 11.1 Asia Grid Modernization Service Revenue (2021-2032)
  2. 11.2 Asia Grid Modernization Service Revenue by Type (2021-2032)
  3. 11.2.1 Asia Grid Modernization Service Revenue by Type (2021-2026)
  4. 11.2.2 Asia Grid Modernization Service Revenue by Type (2027-2032)
  5. 11.3 Asia Grid Modernization Service Revenue Share by Type (2021-2032)
  6. 11.4 Asia Grid Modernization Service Revenue by Application (2021-2032)
  7. 11.4.1 Asia Grid Modernization Service Revenue by Application (2021-2026)
  8. 11.4.2 Asia Grid Modernization Service Revenue by Application (2027-2032)
  9. 11.5 Asia Grid Modernization Service Revenue Share by Application (2021-2032)
  10. 11.6 Asia Grid Modernization Service Revenue by Country
  11. 11.6.1 Asia Grid Modernization Service Revenue by Country (2021 VS 2025 VS 2032)
  12. 11.6.2 Asia Grid Modernization Service Revenue by Country (2021-2026)
  13. 11.6.3 Asia Grid Modernization Service Revenue by Country (2027-2032)
  14. 11.6.4 Japan
  15. 11.6.5 South Korea
  16. 11.6.6 India
  17. 11.6.7 Australia
  18. 11.6.8 Taiwan
  19. 11.6.9 Southeast Asia
12 South America, Middle East and Africa
  1. 12.1 SAMEA Grid Modernization Service Revenue (2021-2032)
  2. 12.2 SAMEA Grid Modernization Service Revenue by Type (2021-2032)
  3. 12.2.1 SAMEA Grid Modernization Service Revenue by Type (2021-2026)
  4. 12.2.2 SAMEA Grid Modernization Service Revenue by Type (2027-2032)
  5. 12.3 SAMEA Grid Modernization Service Revenue Share by Type (2021-2032)
  6. 12.4 SAMEA Grid Modernization Service Revenue by Application (2021-2032)
  7. 12.4.1 SAMEA Grid Modernization Service Revenue by Application (2021-2026)
  8. 12.4.2 SAMEA Grid Modernization Service Revenue by Application (2027-2032)
  9. 12.5 SAMEA Grid Modernization Service Revenue Share by Application (2021-2032)
  10. 12.6 SAMEA Grid Modernization Service Revenue by Country
  11. 12.6.1 SAMEA Grid Modernization Service Revenue by Country (2021 VS 2025 VS 2032)
  12. 12.6.2 SAMEA Grid Modernization Service Revenue by Country (2021-2026)
  13. 12.6.3 SAMEA Grid Modernization Service Revenue by Country (2027-2032)
  14. 12.6.4 Brazil
  15. 12.6.5 Argentina
  16. 12.6.6 Chile
  17. 12.6.7 Colombia
  18. 12.6.8 Peru
  19. 12.6.9 Saudi Arabia
  20. 12.6.10 Israel
  21. 12.6.11 UAE
  22. 12.6.12 Turkey
  23. 12.6.13 Iran
  24. 12.6.14 Egypt
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 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
    $4,950USD
    Buy now

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

    Talk to an analyst
    APO Research, Inc.
    Talk to an analyst