The global Grid Modernization Service market was valued at US$ 542 million in 2025 and is anticipated to reach US$ 783 million by 2032, at a CAGR of 5.3% from 2026 to 2032.

Grid Modernization Service Market

Grid Modernization Service refers to professional services that systematically upgrade and transform traditional power systems using advanced technologies and innovative solutions. Its core objective is to build a smarter, more efficient, reliable, resilient, and sustainable modern power grid. Service scope includes: intelligent sensing and communication, data analysis and optimization, distributed energy integration, infrastructure upgrades, and cybersecurity. This service aims to improve grid operational efficiency, promote the integration of renewable energy, enhance system resilience, and ultimately support the achievement of energy transition and carbon neutrality goals.

The North American market for Grid Modernization Service is projected to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % over 2026–2032.

The Asia-Pacific market for Grid Modernization Service is projected to rise from US$ million in 2025 to US$ million by 2032, at a CAGR of % over 2026–2032.

The global market for Grid Modernization Service in Power Transmission and Distribution Operators is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 to 2032.

Major global companies of Grid Modernization Service include Actalent, AECOM, Basler Electric, Burns & McDonnell, Eaton, EnerNex, GE Vernova, Hawaiian Electric, Hitachi Energy, Infosys, etc. In 2025, the world's top three vendors accounted for approximately % of revenue.

This report delivers a comprehensive overview of the global Grid Modernization Service market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Grid Modernization Service. The Grid Modernization Service market size, estimates, and forecasts are provided in terms of revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.

The report segments the global Grid Modernization Service market comprehensively. Regional market sizes by Type, by Application, by Service Objectives, and by player are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.

This report will assist Grid Modernization Service manufacturers, new entrants, and companies across the industry value chain with information on revenues, sales volume, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.

Market Segmentation

Scope of Grid Modernization Service Market Report

Report Metric	Details
Report Name	Grid Modernization Service Market
Accounted market size in 2025	US$ 542 million
Forecasted market size in 2032	US$ 783 million
CAGR	5.3%
Base Year	2025
Forecasted years	2026 - 2032
Segment by Type	Digitalization and IoT Services Data Analytics and Artificial Intelligence Services Automation and Control System Upgrade Services Flexible Power Transmission Services Others
Segment by Service Objectives	Reliability Enhancement and Resilience Improvement Services Efficiency Optimization and Asset Life Extension Services Clean Energy Transition Support Services Others
Segment by Infrastructure	Power Transmission and Distribution Networks Distributed Energy Integration User Side and Demand Side Others
Segment by Application	Power Transmission and Distribution Operators Industrial and Commercial Municipal and Public Utilities Others
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	Actalent, AECOM, Basler Electric, Burns & McDonnell, Eaton, EnerNex, GE Vernova, Hawaiian Electric, Hitachi Energy, Infosys, Quanta Technology, Resource Innovations, Schweitzer Engineering Laboratories, SEL, Stantec, TRC Companies, Wipro
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, by Service Objectives, etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Summarizes global and regional market size and outlines market dynamics and recent developments, including key drivers, restraints, challenges and risks for industry participants, and relevant policy analysis.
Chapter 3: Provides a detailed view of the competitive landscape for Grid Modernization Service companies, covering revenue share, development plans, and mergers and acquisitions.
Chapter 4: Analyzes segments by Type, detailing the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 5: Analyzes segments by Application, detailing the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 6–10: Regional deep dives (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) broken down by country. Each chapter quantifies market size and growth potential by region and key countries, and outlines market development, outlook, addressable space, and capacity.
Chapter 11: Profiles key players, presenting essential information on leading companies, including product/ service offerings, revenue, gross margin, product introductions/portfolios, recent developments, etc.
Chapter 12: Key findings and conclusions of the report.

FAQ for this report

How fast is Grid Modernization Service Market growing?

Ans: The Grid Modernization Service Market witnessing a CAGR of 5.3% during the forecast period 2026-2032.

What is the Grid Modernization Service Market size in 2032?

Ans: The Grid Modernization Service Market size in 2032 will be US$ 783 million.

Who are the main players in the Grid Modernization Service Market report?

Ans: The main players in the Grid Modernization Service Market are Actalent, AECOM, Basler Electric, Burns & McDonnell, Eaton, EnerNex, GE Vernova, Hawaiian Electric, Hitachi Energy, Infosys, Quanta Technology, Resource Innovations, Schweitzer Engineering Laboratories, SEL, Stantec, TRC Companies, Wipro

What are the Application segmentation covered in the Grid Modernization Service Market report?

Ans: The Applications covered in the Grid Modernization Service Market report are Power Transmission and Distribution Operators, Industrial and Commercial, Municipal and Public Utilities, Others

What are the Type segmentation covered in the Grid Modernization Service Market report?

Ans: The Types covered in the Grid Modernization Service Market report are Digitalization and IoT Services, Data Analytics and Artificial Intelligence Services, Automation and Control System Upgrade Services, Flexible Power Transmission Services, Others

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Grid Modernization Service Market Size Growth Rate by Type: 2021 vs 2025 vs 2032

1.2.2 Digitalization and IoT Services

1.2.3 Data Analytics and Artificial Intelligence Services

1.2.4 Automation and Control System Upgrade Services

1.2.5 Flexible Power Transmission Services

1.2.6 Others

1.3 Market by Service Objectives

1.3.1 Global Grid Modernization Service Market Size Growth Rate by Service Objectives: 2021 vs 2025 vs 2032

1.3.2 Reliability Enhancement and Resilience Improvement Services

1.3.3 Efficiency Optimization and Asset Life Extension Services

1.3.4 Clean Energy Transition Support Services

1.3.5 Others

1.4 Market by Infrastructure

1.4.1 Global Grid Modernization Service Market Size Growth Rate by Infrastructure: 2021 vs 2025 vs 2032

1.4.2 Power Transmission and Distribution Networks

1.4.3 Distributed Energy Integration

1.4.4 User Side and Demand Side

1.4.5 Others

1.5 Market by Application

1.5.1 Global Grid Modernization Service Market Growth by Application: 2021 vs 2025 vs 2032

1.5.2 Power Transmission and Distribution Operators

1.5.3 Industrial and Commercial

1.5.4 Municipal and Public Utilities

1.5.5 Others

1.6 Assumptions and Limitations

1.7 Study Objectives

1.8 Years Considered

2 Global Growth Trends

2.1 Global Grid Modernization Service Market Perspective (2021–2032)

2.2 Global Grid Modernization Service Growth Trends by Region

2.2.1 Global Grid Modernization Service Market Size by Region: 2021 vs 2025 vs 2032

2.2.2 Grid Modernization Service Historic Market Size by Region (2021–2026)

2.2.3 Grid Modernization Service Forecasted Market Size by Region (2027–2032)

2.3 Grid Modernization Service Market Dynamics

2.3.1 Grid Modernization Service Industry Trends

2.3.2 Grid Modernization Service Market Drivers

2.3.3 Grid Modernization Service Market Challenges

2.3.4 Grid Modernization Service Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Grid Modernization Service Players by Revenue

3.1.1 Global Top Grid Modernization Service Players by Revenue (2021–2026)

3.1.2 Global Grid Modernization Service Revenue Market Share by Players (2021–2026)

3.2 Global Top Grid Modernization Service Players Market Share by Company Tier (Tier 1, Tier 2, Tier 3)

3.3 Global Key Players Ranking by Grid Modernization Service Revenue

3.4 Global Grid Modernization Service Market Concentration Ratio

3.4.1 Global Grid Modernization Service Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Grid Modernization Service Revenue in 2025

3.5 Global Key Players of Grid Modernization Service Head Offices and Areas Served

3.6 Global Key Players of Grid Modernization Service, Products and Applications

3.7 Global Key Players of Grid Modernization Service, Date of General Availability (GA)

3.8 Mergers and Acquisitions, Expansion Plans

4 Grid Modernization Service Breakdown Data by Type

4.1 Global Grid Modernization Service Historic Market Size by Type (2021–2026)

4.2 Global Grid Modernization Service Forecasted Market Size by Type (2027–2032)

5 Grid Modernization Service Breakdown Data by Application

5.1 Global Grid Modernization Service Historic Market Size by Application (2021–2026)

5.2 Global Grid Modernization Service Forecasted Market Size by Application (2027–2032)

6 North America

6.1 North America Grid Modernization Service Market Size (2021–2032)

6.2 North America Grid Modernization Service Market Growth Rate by Country: 2021 vs 2025 vs 2032

6.3 North America Grid Modernization Service Market Size by Country (2021–2026)

6.4 North America Grid Modernization Service Market Size by Country (2027–2032)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Grid Modernization Service Market Size (2021–2032)

7.2 Europe Grid Modernization Service Market Growth Rate by Country: 2021 vs 2025 vs 2032

7.3 Europe Grid Modernization Service Market Size by Country (2021–2026)

7.4 Europe Grid Modernization Service Market Size by Country (2027–2032)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Ireland

8 Asia-Pacific

8.1 Asia-Pacific Grid Modernization Service Market Size (2021–2032)

8.2 Asia-Pacific Grid Modernization Service Market Growth Rate by Region: 2021 vs 2025 vs 2032

8.3 Asia-Pacific Grid Modernization Service Market Size by Region (2021–2026)

8.4 Asia-Pacific Grid Modernization Service Market Size by Region (2027–2032)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia & New Zealand

9 Latin America

9.1 Latin America Grid Modernization Service Market Size (2021–2032)

9.2 Latin America Grid Modernization Service Market Growth Rate by Country: 2021 vs 2025 vs 2032

9.3 Latin America Grid Modernization Service Market Size by Country (2021–2026)

9.4 Latin America Grid Modernization Service Market Size by Country (2027–2032)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Grid Modernization Service Market Size (2021–2032)

10.2 Middle East & Africa Grid Modernization Service Market Growth Rate by Country: 2021 vs 2025 vs 2032

10.3 Middle East & Africa Grid Modernization Service Market Size by Country (2021–2026)

10.4 Middle East & Africa Grid Modernization Service Market Size by Country (2027–2032)

10.5 Israel

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 Actalent

11.1.1 Actalent Company Details

11.1.2 Actalent Business Overview

11.1.3 Actalent Grid Modernization Service Introduction

11.1.4 Actalent Revenue in Grid Modernization Service Business (2021–2026)

11.1.5 Actalent Recent Development

11.2 AECOM

11.2.1 AECOM Company Details

11.2.2 AECOM Business Overview

11.2.3 AECOM Grid Modernization Service Introduction

11.2.4 AECOM Revenue in Grid Modernization Service Business (2021–2026)

11.2.5 AECOM Recent Development

11.3 Basler Electric

11.3.1 Basler Electric Company Details

11.3.2 Basler Electric Business Overview

11.3.3 Basler Electric Grid Modernization Service Introduction

11.3.4 Basler Electric Revenue in Grid Modernization Service Business (2021–2026)

11.3.5 Basler Electric Recent Development

11.4 Burns & McDonnell

11.4.1 Burns & McDonnell Company Details

11.4.2 Burns & McDonnell Business Overview

11.4.3 Burns & McDonnell Grid Modernization Service Introduction

11.4.4 Burns & McDonnell Revenue in Grid Modernization Service Business (2021–2026)

11.4.5 Burns & McDonnell Recent Development

11.5 Eaton

11.5.1 Eaton Company Details

11.5.2 Eaton Business Overview

11.5.3 Eaton Grid Modernization Service Introduction

11.5.4 Eaton Revenue in Grid Modernization Service Business (2021–2026)

11.5.5 Eaton Recent Development

11.6 EnerNex

11.6.1 EnerNex Company Details

11.6.2 EnerNex Business Overview

11.6.3 EnerNex Grid Modernization Service Introduction

11.6.4 EnerNex Revenue in Grid Modernization Service Business (2021–2026)

11.6.5 EnerNex Recent Development

11.7 GE Vernova

11.7.1 GE Vernova Company Details

11.7.2 GE Vernova Business Overview

11.7.3 GE Vernova Grid Modernization Service Introduction

11.7.4 GE Vernova Revenue in Grid Modernization Service Business (2021–2026)

11.7.5 GE Vernova Recent Development

11.8 Hawaiian Electric

11.8.1 Hawaiian Electric Company Details

11.8.2 Hawaiian Electric Business Overview

11.8.3 Hawaiian Electric Grid Modernization Service Introduction

11.8.4 Hawaiian Electric Revenue in Grid Modernization Service Business (2021–2026)

11.8.5 Hawaiian Electric Recent Development

11.9 Hitachi Energy

11.9.1 Hitachi Energy Company Details

11.9.2 Hitachi Energy Business Overview

11.9.3 Hitachi Energy Grid Modernization Service Introduction

11.9.4 Hitachi Energy Revenue in Grid Modernization Service Business (2021–2026)

11.9.5 Hitachi Energy Recent Development

11.10 Infosys

11.10.1 Infosys Company Details

11.10.2 Infosys Business Overview

11.10.3 Infosys Grid Modernization Service Introduction

11.10.4 Infosys Revenue in Grid Modernization Service Business (2021–2026)

11.10.5 Infosys Recent Development

11.11 Quanta Technology

11.11.1 Quanta Technology Company Details

11.11.2 Quanta Technology Business Overview

11.11.3 Quanta Technology Grid Modernization Service Introduction

11.11.4 Quanta Technology Revenue in Grid Modernization Service Business (2021–2026)

11.11.5 Quanta Technology Recent Development

11.12 Resource Innovations

11.12.1 Resource Innovations Company Details

11.12.2 Resource Innovations Business Overview

11.12.3 Resource Innovations Grid Modernization Service Introduction

11.12.4 Resource Innovations Revenue in Grid Modernization Service Business (2021–2026)

11.12.5 Resource Innovations Recent Development

11.13 Schweitzer Engineering Laboratories

11.13.1 Schweitzer Engineering Laboratories Company Details

11.13.2 Schweitzer Engineering Laboratories Business Overview

11.13.3 Schweitzer Engineering Laboratories Grid Modernization Service Introduction

11.13.4 Schweitzer Engineering Laboratories Revenue in Grid Modernization Service Business (2021–2026)

11.13.5 Schweitzer Engineering Laboratories Recent Development

11.14 SEL

11.14.1 SEL Company Details

11.14.2 SEL Business Overview

11.14.3 SEL Grid Modernization Service Introduction

11.14.4 SEL Revenue in Grid Modernization Service Business (2021–2026)

11.14.5 SEL Recent Development

11.15 Stantec

11.15.1 Stantec Company Details

11.15.2 Stantec Business Overview

11.15.3 Stantec Grid Modernization Service Introduction

11.15.4 Stantec Revenue in Grid Modernization Service Business (2021–2026)

11.15.5 Stantec Recent Development

11.16 TRC Companies

11.16.1 TRC Companies Company Details

11.16.2 TRC Companies Business Overview

11.16.3 TRC Companies Grid Modernization Service Introduction

11.16.4 TRC Companies Revenue in Grid Modernization Service Business (2021–2026)

11.16.5 TRC Companies Recent Development

11.17 Wipro

11.17.1 Wipro Company Details

11.17.2 Wipro Business Overview

11.17.3 Wipro Grid Modernization Service Introduction

11.17.4 Wipro Revenue in Grid Modernization Service Business (2021–2026)

11.17.5 Wipro Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

FEATURED COMPANIES

Schweitzer Engineering Laboratories

List of Tables

Table 1. Global Grid Modernization Service Market Size Growth Rate by Type (US$ Million): 2021 vs 2025 vs 2032

Table 2. Key Players of Digitalization and IoT Services

Table 3. Key Players of Data Analytics and Artificial Intelligence Services

Table 4. Key Players of Automation and Control System Upgrade Services

Table 5. Key Players of Flexible Power Transmission Services

Table 6. Key Players of Others

Table 7. Global Grid Modernization Service Market Size Growth Rate by Service Objectives (US$ Million): 2021 vs 2025 vs 2032

Table 8. Key Players of Reliability Enhancement and Resilience Improvement Services

Table 9. Key Players of Efficiency Optimization and Asset Life Extension Services

Table 10. Key Players of Clean Energy Transition Support Services

Table 11. Key Players of Others

Table 12. Global Grid Modernization Service Market Size Growth Rate by Infrastructure (US$ Million): 2021 vs 2025 vs 2032

Table 13. Key Players of Power Transmission and Distribution Networks

Table 14. Key Players of Distributed Energy Integration

Table 15. Key Players of User Side and Demand Side

Table 16. Key Players of Others

Table 17. Global Grid Modernization Service Market Size Growth by Application (US$ Million): 2021 vs 2025 vs 2032

Table 18. Global Grid Modernization Service Market Size by Region (US$ Million): 2021 vs 2025 vs 2032

Table 19. Global Grid Modernization Service Market Size by Region (US$ Million), 2021–2026

Table 20. Global Grid Modernization Service Market Share by Region (2021–2026)

Table 21. Global Grid Modernization Service Forecasted Market Size by Region (US$ Million), 2027–2032

Table 22. Global Grid Modernization Service Market Share by Region (2027–2032)

Table 23. Grid Modernization Service Market Trends

Table 24. Grid Modernization Service Market Drivers

Table 25. Grid Modernization Service Market Challenges

Table 26. Grid Modernization Service Market Restraints

Table 27. Global Grid Modernization Service Revenue by Players (US$ Million), 2021–2026

Table 28. Global Grid Modernization Service Market Share by Players (2021–2026)

Table 29. Global Top Grid Modernization Service Players by Tier (Tier 1, Tier 2, and Tier 3), based on Grid Modernization Service Revenue, 2025

Table 30. Ranking of Global Top Grid Modernization Service Companies by Revenue (US$ Million) in 2025

Table 31. Global 5 Largest Players Market Share by Grid Modernization Service Revenue (CR5 and HHI), 2021–2026

Table 32. Global Key Players of Grid Modernization Service, Headquarters and Area Served

Table 33. Global Key Players of Grid Modernization Service, Products and Applications

Table 34. Global Key Players of Grid Modernization Service, Date of General Availability (GA)

Table 35. Mergers and Acquisitions, Expansion Plans

Table 36. Global Grid Modernization Service Market Size by Type (US$ Million), 2021–2026

Table 37. Global Grid Modernization Service Revenue Market Share by Type (2021–2026)

Table 38. Global Grid Modernization Service Forecasted Market Size by Type (US$ Million), 2027–2032

Table 39. Global Grid Modernization Service Revenue Market Share by Type (2027–2032)

Table 40. Global Grid Modernization Service Market Size by Application (US$ Million), 2021–2026

Table 41. Global Grid Modernization Service Revenue Market Share by Application (2021–2026)

Table 42. Global Grid Modernization Service Forecasted Market Size by Application (US$ Million), 2027–2032

Table 43. Global Grid Modernization Service Revenue Market Share by Application (2027–2032)

Table 44. North America Grid Modernization Service Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 45. North America Grid Modernization Service Market Size by Country (US$ Million), 2021–2026

Table 46. North America Grid Modernization Service Market Size by Country (US$ Million), 2027–2032

Table 47. Europe Grid Modernization Service Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 48. Europe Grid Modernization Service Market Size by Country (US$ Million), 2021–2026

Table 49. Europe Grid Modernization Service Market Size by Country (US$ Million), 2027–2032

Table 50. Asia-Pacific Grid Modernization Service Market Size Growth Rate by Region (US$ Million): 2021 vs 2025 vs 2032

Table 51. Asia-Pacific Grid Modernization Service Market Size by Region (US$ Million), 2021–2026

Table 52. Asia-Pacific Grid Modernization Service Market Size by Region (US$ Million), 2027–2032

Table 53. Latin America Grid Modernization Service Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 54. Latin America Grid Modernization Service Market Size by Country (US$ Million), 2021–2026

Table 55. Latin America Grid Modernization Service Market Size by Country (US$ Million), 2027–2032

Table 56. Middle East & Africa Grid Modernization Service Market Size Growth Rate by Country (US$ Million): 2021 vs 2025 vs 2032

Table 57. Middle East & Africa Grid Modernization Service Market Size by Country (US$ Million), 2021–2026

Table 58. Middle East & Africa Grid Modernization Service Market Size by Country (US$ Million), 2027–2032

Table 59. Actalent Company Details

Table 60. Actalent Business Overview

Table 61. Actalent Grid Modernization Service Product

Table 62. Actalent Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 63. Actalent Recent Development

Table 64. AECOM Company Details

Table 65. AECOM Business Overview

Table 66. AECOM Grid Modernization Service Product

Table 67. AECOM Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 68. AECOM Recent Development

Table 69. Basler Electric Company Details

Table 70. Basler Electric Business Overview

Table 71. Basler Electric Grid Modernization Service Product

Table 72. Basler Electric Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 73. Basler Electric Recent Development

Table 74. Burns & McDonnell Company Details

Table 75. Burns & McDonnell Business Overview

Table 76. Burns & McDonnell Grid Modernization Service Product

Table 77. Burns & McDonnell Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 78. Burns & McDonnell Recent Development

Table 79. Eaton Company Details

Table 80. Eaton Business Overview

Table 81. Eaton Grid Modernization Service Product

Table 82. Eaton Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 83. Eaton Recent Development

Table 84. EnerNex Company Details

Table 85. EnerNex Business Overview

Table 86. EnerNex Grid Modernization Service Product

Table 87. EnerNex Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 88. EnerNex Recent Development

Table 89. GE Vernova Company Details

Table 90. GE Vernova Business Overview

Table 91. GE Vernova Grid Modernization Service Product

Table 92. GE Vernova Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 93. GE Vernova Recent Development

Table 94. Hawaiian Electric Company Details

Table 95. Hawaiian Electric Business Overview

Table 96. Hawaiian Electric Grid Modernization Service Product

Table 97. Hawaiian Electric Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 98. Hawaiian Electric Recent Development

Table 99. Hitachi Energy Company Details

Table 100. Hitachi Energy Business Overview

Table 101. Hitachi Energy Grid Modernization Service Product

Table 102. Hitachi Energy Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 103. Hitachi Energy Recent Development

Table 104. Infosys Company Details

Table 105. Infosys Business Overview

Table 106. Infosys Grid Modernization Service Product

Table 107. Infosys Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 108. Infosys Recent Development

Table 109. Quanta Technology Company Details

Table 110. Quanta Technology Business Overview

Table 111. Quanta Technology Grid Modernization Service Product

Table 112. Quanta Technology Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 113. Quanta Technology Recent Development

Table 114. Resource Innovations Company Details

Table 115. Resource Innovations Business Overview

Table 116. Resource Innovations Grid Modernization Service Product

Table 117. Resource Innovations Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 118. Resource Innovations Recent Development

Table 119. Schweitzer Engineering Laboratories Company Details

Table 120. Schweitzer Engineering Laboratories Business Overview

Table 121. Schweitzer Engineering Laboratories Grid Modernization Service Product

Table 122. Schweitzer Engineering Laboratories Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 123. Schweitzer Engineering Laboratories Recent Development

Table 124. SEL Company Details

Table 125. SEL Business Overview

Table 126. SEL Grid Modernization Service Product

Table 127. SEL Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 128. SEL Recent Development

Table 129. Stantec Company Details

Table 130. Stantec Business Overview

Table 131. Stantec Grid Modernization Service Product

Table 132. Stantec Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 133. Stantec Recent Development

Table 134. TRC Companies Company Details

Table 135. TRC Companies Business Overview

Table 136. TRC Companies Grid Modernization Service Product

Table 137. TRC Companies Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 138. TRC Companies Recent Development

Table 139. Wipro Company Details

Table 140. Wipro Business Overview

Table 141. Wipro Grid Modernization Service Product

Table 142. Wipro Revenue in Grid Modernization Service Business (US$ Million), 2021–2026

Table 143. Wipro Recent Development

Table 144. Research Programs/Design for This Report

Table 145. Key Data Information from Secondary Sources

Table 146. Key Data Information from Primary Sources

Table 147. Authors List of This Report

List of Figures

Figure 1. Grid Modernization Service Picture

Figure 2. Global Grid Modernization Service Market Size Comparison by Type (US$ Million), 2021–2032

Figure 3. Global Grid Modernization Service Market Share by Type: 2025 vs 2032

Figure 4. Digitalization and IoT Services Features

Figure 5. Data Analytics and Artificial Intelligence Services Features

Figure 6. Automation and Control System Upgrade Services Features

Figure 7. Flexible Power Transmission Services Features

Figure 8. Others Features

Figure 9. Global Grid Modernization Service Market Size Comparison by Service Objectives (US$ Million), 2021–2032

Figure 10. Reliability Enhancement and Resilience Improvement Services Features

Figure 11. Efficiency Optimization and Asset Life Extension Services Features

Figure 12. Clean Energy Transition Support Services Features

Figure 13. Others Features

Figure 14. Global Grid Modernization Service Market Size Comparison by Infrastructure (US$ Million), 2021–2032

Figure 15. Power Transmission and Distribution Networks Features

Figure 16. Distributed Energy Integration Features

Figure 17. User Side and Demand Side Features

Figure 18. Others Features

Figure 19. Global Grid Modernization Service Market Size by Application (US$ Million), 2021–2032

Figure 20. Global Grid Modernization Service Market Share by Application: 2025 vs 2032

Figure 21. Power Transmission and Distribution Operators Case Studies

Figure 22. Industrial and Commercial Case Studies

Figure 23. Municipal and Public Utilities Case Studies

Figure 24. Others Case Studies

Figure 25. Grid Modernization Service Report Years Considered

Figure 26. Global Grid Modernization Service Market Size (US$ Million), Year-over-Year: 2021–2032

Figure 27. Global Grid Modernization Service Market Size, (US$ Million), 2021 vs 2025 vs 2032

Figure 28. Global Grid Modernization Service Market Share by Region: 2025 vs 2032

Figure 29. Global Grid Modernization Service Market Share by Players in 2025

Figure 30. Global Grid Modernization Service Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

Figure 31. The Top 10 and 5 Players Market Share by Grid Modernization Service Revenue in 2025

Figure 32. North America Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 33. North America Grid Modernization Service Market Share by Country (2021–2032)

Figure 34. United States Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 35. Canada Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 36. Europe Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 37. Europe Grid Modernization Service Market Share by Country (2021–2032)

Figure 38. Germany Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 39. France Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 40. U.K. Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 41. Italy Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 42. Russia Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 43. Ireland Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 44. Asia-Pacific Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 45. Asia-Pacific Grid Modernization Service Market Share by Region (2021–2032)

Figure 46. China Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 47. Japan Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 48. South Korea Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 49. Southeast Asia Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 50. India Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 51. Australia & New Zealand Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 52. Latin America Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 53. Latin America Grid Modernization Service Market Share by Country (2021–2032)

Figure 54. Mexico Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 55. Brazil Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 56. Middle East & Africa Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 57. Middle East & Africa Grid Modernization Service Market Share by Country (2021–2032)

Figure 58. Israel Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 59. Saudi Arabia Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 60. UAE Grid Modernization Service Market Size YoY Growth (US$ Million), 2021–2032

Figure 61. Actalent Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 62. AECOM Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 63. Basler Electric Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 64. Burns & McDonnell Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 65. Eaton Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 66. EnerNex Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 67. GE Vernova Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 68. Hawaiian Electric Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 69. Hitachi Energy Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 70. Infosys Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 71. Quanta Technology Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 72. Resource Innovations Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 73. Schweitzer Engineering Laboratories Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 74. SEL Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 75. Stantec Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 76. TRC Companies Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 77. Wipro Revenue Growth Rate in Grid Modernization Service Business (2021–2026)

Figure 78. Bottom-up and Top-down Approaches for This Report

Figure 79. Data Triangulation

Figure 80. Key Executives Interviewed

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