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Global Utility Communications Market Size Study, by Technology (Wired, Wireless), by Utility (Public, Private), by Component (Hardware, Software), by Application (Oil and Gas, Power Generation, Others), by End-use (Residential, Commercial, Industrial), an

Publisher Bizwit Research & Consulting
Published Jul 23, 2024
Length 200 Pages
SKU # BIZW19013677

Description

Global Utility Communications Market Size Study, by Technology (Wired, Wireless), by Utility (Public, Private), by Component (Hardware, Software), by Application (Oil and Gas, Power Generation, Others), by End-use (Residential, Commercial, Industrial), and Regional Forecasts 2022-2032


Global Utility Communications Market is valued approximately at USD 27.7 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2024-2032. Utility communications are pivotal in integrating emerging technologies within the utility industry, such as smart grids, renewable energy systems, and advanced metering. These communication systems facilitate the seamless integration of these technologies, enabling efficient data exchange and supporting the deployment of innovative solutions for enhanced energy management and customer engagement. sThe burgeoning adoption of distributed energy resources (DERs) is a primary driver propelling the growth of the utility communications market. Renewable energy sources, such as solar and wind power, are increasingly decentralized and connected to the grid as DERs. Effective utility communications are crucial for integrating these DERs by establishing robust communication links between the DERs, grid operators, and utility control centers. These networks facilitate real-time monitoring, control, and coordination of DERs, ensuring efficient integration and optimized grid performance. The intermittent nature of renewable energy sources necessitates advanced utility communications for monitoring and managing the fluctuating power supply, thereby maintaining grid stability and enabling accurate energy forecasting and load planning.

Despite the promising growth prospects, the utility communications market faces significant challenges, primarily due to vulnerability to cybersecurity threats. As the industry becomes increasingly digitalized, the potential for cyber-attacks on critical infrastructure grows, posing a substantial risk to market expansion. Nevertheless, ongoing technological advancements present numerous opportunities for future growth. The integration of Internet of Things (IoT) devices and sensors into utility communications systems enables utilities to collect real-time data, enhancing operational efficiency and supporting data-driven decision-making. Furthermore, the advent of advanced metering infrastructure, such as smart meters, has revolutionized utility communications, enabling two-way communication capabilities that enhance billing accuracy, customer engagement, and energy efficiency programs.

The key regions considered for the global Utility Communications market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia Pacific dominated the market in 2023, accounting for more than half of the global revenue. The region is expected to continue its dominance throughout the forecast period, driven by rapid urbanization, infrastructure development, renewable energy integration, and supportive government policies. North America is rising at a significant growth rate, driven by the early adoption of advanced technologies and robust infrastructure development.

Major market players included in this report are:

Hitachi, Ltd.

ABB

Milsoft Utility Solutions

Motorola Solutions, Inc.

Itron Inc.

Siemens AG

Nokia

Huawei Technologies Co., Ltd.

Eaton Corporation

Fujitsu Limited

The detailed segments and sub-segment of the market are explained below:

By Technology
• Wired
• Wireless

By Utility
• Public
• Private

By Component
• Hardware
• Software

By Application
• Oil and Gas
• Power Generation
• Others

By End-use
• Residential
• Commercial
• Industrial

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC

Latin America
• Brazil
• Mexico

Middle East & Africa
• Saudi Arabia
• South Africa
• RoMEA

Years considered for the study are as follows:
• Historical year – 2022
• Base year – 2023
• Forecast period – 2024 to 2032

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2022 to 2032.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with country-level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of the competitive structure of the market.
• Demand-side and supply-side analysis of the market.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

200 Pages
Chapter 1. Global Utility Communications Market Executive Summary
1.1. Global Utility Communications Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Technology
1.3.2. By Utility
1.3.3. By Component
1.3.4. By Application
1.3.5. By End-use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Utility Communications Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Utility Communications Market Dynamics
3.1. Market Drivers
3.1.1. Adoption of Distributed Energy Resources
3.1.2. Real-time Monitoring and Control
3.1.3. Renewable Energy Integration
3.2. Market Challenges
3.2.1. Cybersecurity Threats
3.2.2. High Initial Investment Costs
3.3. Market Opportunities
3.3.1. Technological Advancements
3.3.2. IoT Integration
3.3.3. Advanced Metering Infrastructure
Chapter 4. Global Utility Communications 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
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Utility Communications Market Size & Forecasts by Technology (2022-2032)
5.1. Segment Dashboard
5.2. Global Utility Communications Market: Technology Revenue Trend Analysis, 2022 & 2032 (USD Billion)
5.2.1. Wired
5.2.2. Wireless
Chapter 6. Global Utility Communications Market Size & Forecasts by Utility (2022-2032)
6.1. Segment Dashboard
6.2. Global Utility Communications Market: Utility Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.2.1. Public
6.2.2. Private
Chapter 7. Global Utility Communications Market Size & Forecasts by Component (2022-2032)
7.1. Segment Dashboard
7.2. Global Utility Communications Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.2.1. Hardware
7.2.2. Software
Chapter 8. Global Utility Communications Market Size & Forecasts by Application (2022-2032)
8.1. Segment Dashboard
8.2. Global Utility Communications Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.2.1. Oil and Gas
8.2.2. Power Generation
8.2.3. Others
Chapter 9. Global Utility Communications Market Size & Forecasts by End-use (2022-2032)
9.1. Segment Dashboard
9.2. Global Utility Communications Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Billion)
9.2.1. Residential
9.2.2. Commercial
9.2.3. Industrial
Chapter 10. Global Utility Communications Market Size & Forecasts by Region (2022-2032)
10.1. North America Utility Communications Market
10.1.1. U.S. Utility Communications Market
10.1.1.1. Technology breakdown size & forecasts, 2022-2032
10.1.1.2. Utility breakdown size & forecasts, 2022-2032
10.1.1.3. Component breakdown size & forecasts, 2022-2032
10.1.1.4. Application breakdown size & forecasts, 2022-2032
10.1.1.5. End-use breakdown size & forecasts, 2022-2032
10.1.2. Canada Utility Communications Market
10.1.2.1. Technology breakdown size & forecasts, 2022-2032
10.1.2.2. Utility breakdown size & forecasts, 2022-2032
10.1.2.3. Component breakdown size & forecasts, 2022-2032
10.1.2.4. Application breakdown size & forecasts, 2022-2032
10.1.2.5. End-use breakdown size & forecasts, 2022-2032
10.2. Europe Utility Communications Market
10.2.1. U.K. Utility Communications Market
10.2.2. Germany Utility Communications Market
10.2.3. France Utility Communications Market
10.2.4. Spain Utility Communications Market
10.2.5. Italy Utility Communications Market
10.2.6. Rest of Europe Utility Communications Market
10.3. Asia-Pacific Utility Communications Market
10.3.1. China Utility Communications Market
10.3.2. India Utility Communications Market
10.3.3. Japan Utility Communications Market
10.3.4. Australia Utility Communications Market
10.3.5. South Korea Utility Communications Market
10.3.6. Rest of Asia Pacific Utility Communications Market
10.4. Latin America Utility Communications Market
10.4.1. Brazil Utility Communications Market
10.4.2. Mexico Utility Communications Market
10.4.3. Rest of Latin America Utility Communications Market
10.5. Middle East & Africa Utility Communications Market
10.5.1. Saudi Arabia Utility Communications Market
10.5.2. South Africa Utility Communications Market
10.5.3. Rest of Middle East & Africa Utility Communications Market
Chapter 11. Competitive Intelligence
11.1. Key Company SWOT Analysis
11.1.1. Company 1
11.1.2. Company 2
11.1.3. Company 3
11.2. Top Market Strategies
11.3. Company Profiles
11.3.1. Hitachi, Ltd.
11.3.1.1. Key Information
11.3.1.2. Overview
11.3.1.3. Financial (Subject to Data Availability)
11.3.1.4. Product Summary
11.3.1.5. Market Strategies
11.3.2. ABB
11.3.3. Milsoft Utility Solutions
11.3.4. Motorola Solutions, Inc.
11.3.5. Itron Inc.
11.3.6. Siemens AG
11.3.7. Nokia
11.3.8. Huawei Technologies Co., Ltd.
11.3.9. Eaton Corporation
11.3.10. Fujitsu Limited
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
List of Tables
TABLE 1. Global Utility Communications market, report scope
TABLE 2. Global Utility Communications market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Utility Communications market estimates & forecasts by Technology 2022-2032 (USD Billion)
TABLE 4. Global Utility Communications market estimates & forecasts by Utility 2022-2032 (USD Billion)
TABLE 5. Global Utility Communications market estimates & forecasts by Component 2022-2032 (USD Billion)
TABLE 6. Global Utility Communications market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 7. Global Utility Communications market estimates & forecasts by End-use 2022-2032 (USD Billion)
TABLE 8. Global Utility Communications market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Utility Communications market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Utility Communications market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Utility Communications market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Utility Communications market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Utility Communications market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Utility Communications market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Utility Communications market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Utility Communications market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Utility Communications market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Utility Communications market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Utility Communications market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Utility Communications market estimates & forecasts by segment 2022-2032 (USD Billion)
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.
List of Figures
FIGURE 1. Global Utility Communications market, research methodology
FIGURE 2. Global Utility Communications market, market estimation techniques
FIGURE 3. Global market size estimates & forecast methods.
FIGURE 4. Global Utility Communications market, key trends 2023
FIGURE 5. Global Utility Communications market, growth prospects 2022-2032
FIGURE 6. Global Utility Communications market, porters 5 force model
FIGURE 7. Global Utility Communications market, PESTEL analysis
FIGURE 8. Global Utility Communications market, value chain analysis
FIGURE 9. Global Utility Communications market by segment, 2022 & 2032 (USD Billion)
FIGURE 10. Global Utility Communications market by segment, 2022 & 2032 (USD Billion)
FIGURE 11. Global Utility Communications market by segment, 2022 & 2032 (USD Billion)
FIGURE 12. Global Utility Communications market by segment, 2022 & 2032 (USD Billion)
FIGURE 13. Global Utility Communications market by segment, 2022 & 2032 (USD Billion)
FIGURE 14. Global Utility Communications market, regional snapshot 2022 & 2032
FIGURE 15. North America Utility Communications market 2022 & 2032 (USD Billion)
FIGURE 16. Europe Utility Communications market 2022 & 2032 (USD Billion)
FIGURE 17. Asia Pacific Utility Communications market 2022 & 2032 (USD Billion)
FIGURE 18. Latin America Utility Communications market 2022 & 2032 (USD Billion)
FIGURE 19. Middle East & Africa Utility Communications market 2022 & 2032 (USD Billion)
FIGURE 20. Global Utility Communications market, company market share analysis (2023)
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.

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