The Europe Active Network Management Market would witness market growth of 14.3% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Active Network Management Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $217.3 million by 2031. The UK market is exhibiting a CAGR of 13.4% during (2024 - 2031). Additionally, The France market would experience a CAGR of 15.2% during (2024 - 2031).
The energy sector, particularly power grid management, is another major application area for active network management. In the context of smart grids, ANM helps manage distributed energy resources, such as solar panels and wind turbines, and balances supply and demand in real-time. This is critical for integrating renewable energy sources, ensuring grid stability, and preventing outages.
ANM solutions are increasingly being adopted in transportation infrastructure, including roads, railways, and airports. These systems allow transportation providers to manage traffic flows, monitor infrastructure performance, and optimize routing for vehicles and trains, ensuring safety and minimizing delays. As cities adopt smart city technologies, ANM also manages traffic and improves overall transportation efficiency.
The European Union’s growing commitment to renewable hydrogen, particularly through initiatives like the Clean Hydrogen Partnership and the European Clean Hydrogen Alliance, marks a pivotal moment in the region’s energy transition. As the EU focuses on boosting hydrogen as a sustainable energy source, it will significantly impact the market. As hydrogen becomes a key energy storage solution, ANM systems will help facilitate its injection into the grid. These systems will regulate energy flow, ensure supply reliability, and address fluctuations in renewable energy generation by enabling more dynamic and responsive grid management. The focus on hydrogen infrastructure and clean energy will drive investments in smart grid technologies across Europe. ANM systems will be integral to these smart grids, ensuring that energy distribution is optimized and capable of integrating hydrogen flexibly, cost-effectively, and sustainably. Thus, the European Commission’s hydrogen initiatives will be crucial in advancing the region’s renewable energy goals.
Free Valuable Insights: The Global Active Network Management Market will Hit USD 3.18 Billion by 2031, at a CAGR of 14.5%
Based on Component, the market is segmented into Software and Service. Based on Application, the market is segmented into Real time Monitoring, Automation, Grid Asset Monitoring, and Other Application. Based on Enterprise Size, the market is segmented into Large Enterprises and SMEs. Based on Industries, the market is segmented into Energy & Utility, Transportation, Government, and Other Industries. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Component
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