- February 7, 2021
- Category: ICT Services, Information and Communication Technology
Global Utility Communication Market Size study, by Technology Type (Wired, wireless and other), by utility type (public and private), by Application (Transmission & Distribution, Oil and Gas utilities and Others ), and Regional Forecasts 2021-2027
Chapter 1.Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Utility communication Market , by Region, 2019-2027 (USD Billion) 1.2.2. Utility communication Market , by Technology Type, 2019-2027 (USD Billion) 1.2.3. Utility communication Market , by Utility Type, 2019-2027 (USD Billion) 1.2.4. Utility communication Market , by Application, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Utility communication Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Utility communication Market Dynamics 3.1. Utility communication Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 18.104.22.168. Growing investment in smart grids and modernization of electricity networks 22.214.171.124. Focus on improving grid reliability, increasing operating efficiency, and reducing outage length 3.1.2. Market Restraint 126.96.36.199. Lack of standards and interoperability of different IT protocols and components 3.1.3. Market Opportunities 188.8.131.52. Rise in number of upcoming smart city projects in developing regions 184.108.40.206. Growing adoption of wireless communication technologies, especially 5G Chapter 4. Global Utility communication Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Utility communication Market, by Technology Type 5.1. Market Snapshot 5.2. Global Utility communication Market by Technology Type, Performance - Potential Analysis 5.3. Global Utility communication Market Estimates & Forecasts by Technology Type 2018-2027 (USD Billion) 5.4. Utility communication Market , Sub Segment Analysis 5.4.1. Wired 5.4.2. Wireless 5.4.3. Other Chapter 6. Global Utility communication Market, by Utility Type a. Market Snapshot 6.1. Global Utility communication Market by Utility Type, Performance - Potential Analysis 6.2. Global Utility communication Market Estimates & Forecasts by Utility Type 2018-2027 (USD Billion) 6.3. Utility communication Market , Sub Segment Analysis 6.3.1. Public 6.3.2. Private Chapter 7. Global Utility communication Market, by Application b. Market Snapshot 7.1. Global Utility communication Market by Application, Performance - Potential Analysis 7.2. Global Utility communication Market Estimates & Forecasts by Application 2018-2027 (USD Billion) 7.3. Utility communication Market , Sub Segment Analysis 7.3.1. Transmission & Distribution 7.3.2. Oil and Gas Utilities 7.3.3. Others Chapter 8. Global Utility communication Market, Regional Analysis 8.1. Utility communication Market , Regional Market Snapshot 8.2. North America Utility communication Market 8.2.1. U.S. Utility communication Market 220.127.116.11. Technology Type breakdown estimates & forecasts, 2018-2027 18.104.22.168. Utility Type breakdown estimates & forecasts, 2018-2027 22.214.171.124. Application breakdown estimates & forecasts, 2018-2027 8.2.2. Canada Utility communication Market 8.3. Europe Utility communication Market Snapshot 8.3.1. U.K. Utility communication Market 8.3.2. Germany Utility communication Market 8.3.3. France Utility communication Market 8.3.4. Spain Utility communication Market 8.3.5. Italy Utility communication Market 8.3.6. Rest of Europe Utility communication Market 8.4. Asia-Pacific Utility communication Market Snapshot 8.4.1. China Utility communication Market 8.4.2. India Utility communication Market 8.4.3. Japan Utility communication Market 8.4.4. Australia Utility communication Market 8.4.5. South Korea Utility communication Market 8.4.6. Rest of Asia Pacific Utility communication Market 8.5. Latin America Utility communication Market Snapshot 8.5.1. Brazil Utility communication Market 8.5.2. Mexico Utility communication Market 8.6. Rest of The World Utility communication Market Chapter 9. Competitive Intelligence 9.1. Top Market Strategies 9.2. Company Profiles 9.2.1. ABB 126.96.36.199. Key Information 188.8.131.52. Overview 184.108.40.206. Financial (Subject to Data Availability) 220.127.116.11. Product Summary 18.104.22.168. Recent Developments 9.2.2. Schneider Electric 9.2.3. General Electric 9.2.4. Siemens 9.2.5. Motorola solutions 9.2.6. Landis+GYR 9.2.7. SENSUS(XYLEM) 9.2.8. Itron 9.2.9. Telefonaktiebolaget LM Ericsson 9.2.10. Fujitsu Chapter 10. Research Process 10.1. Research Process 10.1.1. Data Mining 10.1.2. Analysis 10.1.3. Market Estimation 10.1.4. Validation 10.1.5. Publishing 10.2. Research Attributes 10.3. Research Assumption
Global Utility communication Market is valued approximately at USD 17.98 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.40% over the forecast period 2021-2027. Utility communication is communication portfolio which delivers communication across the grid. It measures network performance, monitor and controls the grid. The global utility communication market is being driven by the growing investment in smart grids and modernization of electricity networks as well as government focus on improving grid reliability, increasing operating efficiency, and reducing outage length. Furthermore, rise in number of upcoming smart city projects in developing regions and growing adoption of wireless communication technologies, especially 5G will provide new opportunities for the global Utility communication For instance, According to US department of energy in 2017, 38 states including the district of Columbia had adopted total 288 policies deployment related to grid modernization which will also include the integrated resource planning, utility business models, the application non-wires alternatives, and application of advanced metering infrastructure. As a result, increased deployment and investment will necessitate the use of utility communication, which will serve as a catalyst for the utility communication industry in the future. However, lack of standards and interoperability of different IT protocols and components may impede market growth over the forecast period of 2021-2027.
Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key regions considered for the regional analysis of global utility market. Asia Pacific is a significant region across the world in terms of market share due to increasing investment in grip expansion project by the countries such as japan, South Korea and India. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027 due to increasing population and the rising demand of electricity applications in the region.
Major market player included in this report are:
Telefonaktiebolaget LM Ericsson
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology Type:
By Utility Type:
Transmission & Distribution,
Oil and Gas utilities
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.
Target Audience of the Global Utility CommunicationMarket in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers