United Arab Emirates Smart Grid Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers United Arab Emirates (UAE) Smart Grid Market Companies and the market is segmented by Technology Application Area (Transmission, Communication Technology, Advanced Metering Infrastructure (AMI), and Other Technology Application Areas). The market size and forecasts for the Smart Grid Market are provided in terms of revenue (USD billion) for all the above segments.

United Arab Emirates Smart Grid Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

United Arab Emirates Smart Grid Market Size

United Arab Emirates Smart Grid Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 2.50 %

Major Players

United Arab Emirates Smart Grid Market Major Players

*Disclaimer: Major Players sorted in no particular order

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United Arab Emirates Smart Grid Market Analysis

The United Arab Emirates Smart Grid Market is expected to register a CAGR of greater than 2.5% during the forecast period.

  • Factors like the ongoing investment in grid modernization, robust renewable energy growth, and the need to meet growing power demand are expected to drive the market of intelligent grid networks in the forecast period.
  • On the other hand, the United Arab Emirates is developing a smart grid at a pace with which the growing renewable energy sector and the significant initial investment for the modification of the network are expected to restrain the market in the future slightly.
  • Dubai Electricity and Water Authority (DEWA) is actively contributing to transforming Dubai into the smartest city in the world. To support this objective, DEWA developed a comprehensive strategy to implement a smart water and electricity infrastructure. It is called a smart grid, which will provide advanced features and includes automated decision-making and interoperability across the entire electricity and water network.
  • DEWA's Smart Grid Programme, with investments totaling AED 7 billion (USD 1.9 billion), is a key element in DEWA's strategy to develop an advanced infrastructure. It supports the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Emissions Strategy 2050 to provide 100% of the energy production capacity from clean energy sources by 2050. This is a good market opportunity to drive the smart meter market significantly.

United Arab Emirates Smart Grid Industry Overview

The United Arab Emirates smart grid market is partially consolidated. Major companies in the market include General Electric Company, Honeywell International Inc., Schneider Electric SE, Dubai Electricity and Water Authority, and Korea Electric Power Corporation, among others.

United Arab Emirates Smart Grid Market Leaders

  1. General Electric Company

  2. Korea Electric Power Corporation

  3. Schneider Electric SE

  4. Dubai Electricity and Water Authority

  5. Honeywell International Inc.

  6. *Disclaimer: Major Players sorted in no particular order
United Arab Emirates Smart Grid Market Concentration
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United Arab Emirates Smart Grid Market News

  • August 2022: DEWA announced software to augment its electricity distribution network. The software is dedicated to the Smart Design of Electricity Distribution Networks (SDEDNs), which will merge databases and electric network designs (11kV) through developed solutions. This will help network engineers to design a more effective and effective network.
  • August 2022: DEWA announced the use of Artificial Intelligence (AI) to predict malfunctions of smart meters. The "iService" of DEWA tracks meter tampering and fraud detection and offers real-time insights about the existing state of the network.

United Arab Emirates Smart Grid Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2027
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 By Technology Application Area
    • 5.1.1 Transmission
    • 5.1.2 Communication Technology
    • 5.1.3 Advanced Metering Infrastructure (AMI)
    • 5.1.4 Other Technology Application Areas

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Abu Dhabi Distribution Company
    • 6.3.2 General Electric Company
    • 6.3.3 ABB Ltd.
    • 6.3.4 Schneider Electric SE
    • 6.3.5 Honeywell International Inc.
    • 6.3.6 Dubai Electricity and Water Authority
    • 6.3.7 Sharjah Electricity and Water Board
    • 6.3.8 Korea Electric Power Corporation
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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United Arab Emirates Smart Grid Industry Segmentation

Smart Grid is a digitally enabled electrical grid that collects and distributes. It works on the information about the behavior of all suppliers and consumers to improve the efficiency, reliability, and sustainability of electricity service. It is a combination of information technology and operational technology. It consists of two-way digital communication of technologies and computer processing, enabling the electricity industry to manage energy delivery and transmission better.

The United Arab Emirates smart grid market is segmented based on technology application area into transmission, communication technology, advanced metering infrastructure (AMI), and other technology application areas.

The report offers the market size and forecasts for the smart grid market in revenue for all the above segments.

By Technology Application Area Transmission
Communication Technology
Advanced Metering Infrastructure (AMI)
Other Technology Application Areas
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United Arab Emirates Smart Grid Market Research FAQs

What is the current United Arab Emirates Smart Grid Market size?

The United Arab Emirates Smart Grid Market is projected to register a CAGR of greater than 2.5% during the forecast period (2025-2030)

Who are the key players in United Arab Emirates Smart Grid Market?

General Electric Company, Korea Electric Power Corporation, Schneider Electric SE, Dubai Electricity and Water Authority and Honeywell International Inc. are the major companies operating in the United Arab Emirates Smart Grid Market.

What years does this United Arab Emirates Smart Grid Market cover?

The report covers the United Arab Emirates Smart Grid Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the United Arab Emirates Smart Grid Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

UAE Smart Grids Industry Report

Statistics for the 2025 United Arab Emirates Smart Grid market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. United Arab Emirates Smart Grid analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.