
Utility Vegetation Management Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Description
Utility Vegetation Management Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Utility Vegetation Management Market
The utility vegetation management market size was valued at USD 22.87 billion in 2021, and the market is now projected to grow from USD 24.28 billion in 2022 to USD 39.27 billion by 2029, exhibiting a CAGR of 7.1% during the forecast period of 2022-2029.
Due to lock-down virtually all fresh transmission grid infrastructural excavations drastically plummeted owing to the COVID-19 pandemic. Several transmission and distribution projects continued experiencing delay and Interruption due to impacts of the pandemic. Furthermore, industrial load factors leading to low demand for power reduced the number of new project undertakings. These reductions in activity have had a knock-on impact throughout the transmission system development. With industries gradually coming back into operation there are likely to be improvements in investment and project enactment in future years.
There is the increasing trend in the trends of storms, hurricanes and other natural disasters that increases chances of trees outside power lines areas falling on electric power lines and creating more blackouts. This has developed a situation that requires a quick intervention with an aim of stabilizing power supply. Consequently, it has been observed that the market for timely maintenance services under the utility vegetation management space has gained a steady lift. These services are required to mitigate the risks of tree located accidents and protection of power facilities. As awareness of these risks increases, programmers to manage vegetation for the improvement of system reliability have been initiated.
Utilization enhancements of programs for vegetation management from utilities also seeks to reduce effects on the managed ecosystems although safely. Such a strategy requires highly trained personnel, who are the arborists who must rely on sophisticated equipment for tracking, monitoring, and mapping. Combined, these tools will allow for a more biofriendly approach to managing vegetation near utilities while increasing utility reliability. Their focus is on maintainable measures that supplement operations with sustainable conservation of vegetation growth in utility corridors. This strategic approach is very relevant in the process of strategizing for change in environmental conditions or even changes in regulation.
Comprehensive Analysis of Utility Vegetation Management Market
The utility vegetation management market growth is rising at an exponential rate due to its market segmentation. This market expansion rightly presents a detailed local analysis based on the forces such as supply and demand which define the industry. These segmentations are methodically segregated by service analysis, and by technology analysis. By service analysis include treatment, pre-planning & monitoring, and reactive repair. By technology analysis include insecticides & herbicides, plant growth regulators, LiDAR, and others.
The North America region lead the utility vegetation management market share by benefitting a market size of USD 8.18 billion in 2021 due to its high-spending on-vegetation management services.
The top players have a significant responsibility in the power & energy industry for confirming industrial prospectus growth and determining the market trends. These players include, Corteva, NM Group, BASF SE, Boultbee Vegetation Management, Helena Professional Products, Iapetus Infrastructure Services, Leidos, TRC Companies, Inc, Capgemini, IBM, Cyient, GETAC, ArborSystems, Inc. these market players provide a level-playing competitive landscape.
In August 2022, Iapetus Infrastructure Services launched the Trees & Lines podcast to share expert insights and champion high standards in Utility Vegetation Management (UVM).
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2018-2029
Base Year
2021
Estimated Year
2022
Forecast Period
2022-2029
Historical Period
2018-2020
Unit
Value (USD Billion)
Segmentation
By Service, Technology, and Region
Segmentation
By Service
Treatment
Pre-planning and Monitoring
Reactive Repair
By Technology
Insecticides & Herbicides
Plant Growth Regulators
LiDAR
Others
By Region
North America (By Service, By Technology, and By Country)
- U.S. (By Service)
- Canada (By Service)
- U.K. (By Service)
- Germany (By Service)
- France (By Service)
- Italy (By Service)
- Spain (By Service)
- Russia (By Service)
- Rest of Europe (By Service)
- China (By Service)
- India (By Service)
- Japan (By Service)
- South Korea (By Service)
- Australia (By Service)
- Rest of Asia Pacific (By Service)
- Brazil (By Service)
- Mexico (By Service)
- Argentina (By Service)
- Rest of Latin America (By Service)
- Egypt (By Service)
- South Africa (By Service)
- GCC (By Service)
- Rest of Middle East & Africa (By Service)
Table of Contents
180 Pages
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Porters Five Forces Analysis
- 4.5. Impact of COVID-19 on the Utility Vegetation Management Market
- 5. Global Utility Vegetation Management Market Analysis (USD Billion), Insights, and Forecast, 2018-2029
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights, and Forecast – By Service
- 5.2.1. Treatment
- 5.2.2. Pre-planning and Monitoring
- 5.2.3. Reactive Repair
- 5.3. Market Analysis, Insights, and Forecast – By Technology
- 5.3.1. Insecticides & Herbicides
- 5.3.2. Plant Growth Regulators
- 5.3.3. LiDar
- 5.3.4. Others
- 5.4. Market Analysis, Insights, and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East & Africa
- 6. North America Utility Vegetation Management Market Analysis (USD Billion), Insights, and Forecast, 2018-2029
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights, and Forecast – By Service
- 6.2.1. Treatment
- 6.2.2. Pre-planning and Monitoring
- 6.2.3. Reactive Repair
- 6.3. Market Analysis, Insights, and Forecast – By Technology
- 6.3.1. Insecticides & Herbicides
- 6.3.2. Plant Growth Regulators
- 6.3.3. LiDar
- 6.3.4. Others
- 6.4. Market Analysis, Insights, and Forecast – By Country
- 6.4.1. United States Market Analysis, Insights, and Forecast – By Service
- 6.4.1.1. Treatment
- 6.4.1.2. Pre-planning and Monitoring
- 6.4.1.3. Reactive Repair
- 6.4.2. Canada Market Analysis, Insights, and Forecast – By Service
- 6.4.2.1. Treatment
- 6.4.2.2. Pre-planning and Monitoring
- 6.4.2.3. Reactive Repair
- 7. Europe Utility Vegetation Management Market Analysis (USD Billion), Insights, and Forecast, 2018-2029
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights, and Forecast – By Service
- 7.2.1. Treatment
- 7.2.2. Pre-planning and Monitoring
- 7.2.3. Reactive Repair
- 7.3. Market Analysis, Insights, and Forecast – By Technology
- 7.3.1. Insecticides & Herbicides
- 7.3.2. Plant Growth Regulators
- 7.3.3. LiDar
- 7.3.4. Others
- 7.4. Market Analysis, Insights, and Forecast – By Country
- 7.4.1. Germany Market Analysis, Insights, and Forecast – By Service
- 7.4.1.1. Treatment
- 7.4.1.2. Pre-planning and Monitoring
- 7.4.1.3. Reactive Repair
- 7.4.2. United Kingdom Market Analysis, Insights, and Forecast – By Service
- 7.4.2.1. Treatment
- 7.4.2.2. Pre-planning and Monitoring
- 7.4.2.3. Reactive Repair
- 7.4.3. Italy Market Analysis, Insights, and Forecast – By Service
- 7.4.3.1. Treatment
- 7.4.3.2. Pre-planning and Monitoring
- 7.4.3.3. Reactive Repair
- 7.4.4. France Market Analysis, Insights, and Forecast – By Service
- 7.4.4.1. Treatment
- 7.4.4.2. Pre-planning and Monitoring
- 7.4.4.3. Reactive Repair
- 7.4.5. Russia Market Analysis, Insights, and Forecast – By Service
- 7.4.5.1. Treatment
- 7.4.5.2. Pre-planning and Monitoring
- 7.4.5.3. Reactive Repair
- 7.4.6. Spain Market Analysis, Insights, and Forecast – By Service
- 7.4.6.1. Treatment
- 7.4.6.2. Pre-planning and Monitoring
- 7.4.6.3. Reactive Repair
- 7.4.7. Rest of Europe Market Analysis, Insights, and Forecast – By Service
- 7.4.7.1. Treatment
- 7.4.7.2. Pre-planning and Monitoring
- 7.4.7.3. Reactive Repair
- 8. Asia Pacific Utility Vegetation Management Market Analysis (USD Billion), Insights, and Forecast, 2018-2029
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights, and Forecast – By Service
- 8.2.1. Treatment
- 8.2.2. Pre-planning and Monitoring
- 8.2.3. Reactive Repair
- 8.3. Market Analysis, Insights, and Forecast – By Technology
- 8.3.1. Insecticides & Herbicides
- 8.3.2. Plant Growth Regulators
- 8.3.3. LiDar
- 8.3.4. Others
- 8.4. Market Analysis, Insights, and Forecast – By Country
- 8.4.1. China Market Analysis, Insights, and Forecast – By Service
- 8.4.1.1. Treatment
- 8.4.1.2. Pre-planning and Monitoring
- 8.4.1.3. Reactive Repair
- 8.4.2. India Market Analysis, Insights, and Forecast – By Service
- 8.4.2.1. Treatment
- 8.4.2.2. Pre-planning and Monitoring
- 8.4.2.3. Reactive Repair
- 8.4.3. Japan Market Analysis, Insights, and Forecast – By Service
- 8.4.3.1. Treatment
- 8.4.3.2. Pre-planning and Monitoring
- 8.4.3.3. Reactive Repair
- 8.4.4. South Korea Market Analysis, Insights, and Forecast – By Service
- 8.4.4.1. Treatment
- 8.4.4.2. Pre-planning and Monitoring
- 8.4.4.3. Reactive Repair
- 8.4.5. Australia Market Analysis, Insights, and Forecast – By Service
- 8.4.5.1. Treatment
- 8.4.5.2. Pre-planning and Monitoring
- 8.4.5.3. Reactive Repair
- 8.4.6. Rest of Asia Pacific Market Analysis, Insights, and Forecast – By Service
- 8.4.6.1. Treatment
- 8.4.6.2. Pre-planning and Monitoring
- 8.4.6.3. Reactive Repair
- 9. Latin America Utility Vegetation Management Market Analysis (USD Billion), Insights, and Forecast, 2018-2029
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights, and Forecast – By Service
- 9.2.1. Treatment
- 9.2.2. Pre-planning and Monitoring
- 9.2.3. Reactive Repair
- 9.3. Market Analysis, Insights, and Forecast – By Technology
- 9.3.1. Insecticides & Herbicides
- 9.3.2. Plant Growth Regulators
- 9.3.3. LiDar
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil Market Analysis, Insights, and Forecast – By Service
- 9.4.1.1. Treatment
- 9.4.1.2. Pre-planning and Monitoring
- 9.4.1.3. Reactive Repair
- 9.4.2. Mexico Market Analysis, Insights, and Forecast – By Service
- 9.4.2.1. Treatment
- 9.4.2.2. Pre-planning and Monitoring
- 9.4.2.3. Reactive Repair
- 9.4.3. Argentina Market Analysis, Insights, and Forecast – By Service
- 9.4.3.1. Treatment
- 9.4.3.2. Pre-planning and Monitoring
- 9.4.3.3. Reactive Repair
- 9.4.4. Rest of Latin America Market Analysis, Insights, and Forecast – By Service
- 9.4.4.1. Treatment
- 9.4.4.2. Pre-planning and Monitoring
- 9.4.4.3. Reactive Repair
- 10. Middle East & Africa Utility Vegetation Management Market Analysis (USD Billion), Insights, and Forecast, 2018-2029
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights, and Forecast – By Service
- 10.2.1. Treatment
- 10.2.2. Pre-planning and Monitoring
- 10.2.3. Reactive Repair
- 10.3. Market Analysis, Insights, and Forecast – By Technology
- 10.3.1. Insecticides & Herbicides
- 10.3.2. Plant Growth Regulators
- 10.3.3. LiDar
- 10.3.4. Others
- 10.4. Market Analysis, Insights, and Forecast – By Country
- 10.4.1. Egypt Market Analysis, Insights, and Forecast – By Service
- 10.4.1.1. Treatment
- 10.4.1.2. Pre-planning and Monitoring
- 10.4.1.3. Reactive Repair
- 10.4.2. South Africa Market Analysis, Insights, and Forecast – By Service
- 10.4.2.1. Treatment
- 10.4.2.2. Pre-planning and Monitoring
- 10.4.2.3. Reactive Repair
- 10.4.3. GCC Market Analysis, Insights, and Forecast – By Service
- 10.4.3.1. Treatment
- 10.4.3.2. Pre-planning and Monitoring
- 10.4.3.3. Reactive Repair
- 10.4.4. Rest of Middle East & Africa Market Analysis, Insights, and Forecast – By Service
- 10.4.4.1. Treatment
- 10.4.4.2. Pre-planning and Monitoring
- 10.4.4.3. Reactive Repair
- 11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2021
- 11.2. Company Profile
- 11.2.1. Corteva
- 11.2.1.1. Business Overview
- 11.2.1.2. Product & Service Offering
- 11.2.1.3. Financials
- 11.2.1.4. Recent Development
- 11.2.2. NM Group
- 11.2.2.1. Business Overview
- 11.2.2.2. Product & Service Offering
- 11.2.2.3. Financials
- 11.2.2.4. Recent Development
- 11.2.3. BASF SE
- 11.2.3.1. Business Overview
- 11.2.3.2. Product & Service Offering
- 11.2.3.3. Financials
- 11.2.3.4. Recent Development
- 11.2.4. Boultbee Vegetation Management
- 11.2.4.1. Business Overview
- 11.2.4.2. Product & Service Offering
- 11.2.4.3. Financials
- 11.2.4.4. Recent Development
- 11.2.5. Helena Professional Products
- 11.2.5.1. Business Overview
- 11.2.5.2. Product & Service Offering
- 11.2.5.3. Financials
- 11.2.5.4. Recent Development
- 11.2.6. Iapetus Infrastructure Services
- 11.2.6.1. Business Overview
- 11.2.6.2. Product & Service Offering
- 11.2.6.3. Financials
- 11.2.6.4. Recent Development
- 11.2.7. Leidos
- 11.2.7.1. Business Overview
- 11.2.7.2. Product & Service Offering
- 11.2.7.3. Financials
- 11.2.7.4. Recent Development
- 11.2.8. TRC Companies, Inc
- 11.2.8.1. Business Overview
- 11.2.8.2. Product & Service Offering
- 11.2.8.3. Financials
- 11.2.8.4. Recent Development
- 11.2.9. Capgemini
- 11.2.9.1. Business Overview
- 11.2.9.2. Product & Service Offering
- 11.2.9.3. Financials
- 11.2.9.4. Recent Development
- 11.2.10. IBM
- 11.2.10.1. Business Overview
- 11.2.10.2. Product & Service Offering
- 11.2.10.3. Financials
- 11.2.10.4. Recent Development
- 11.2.11. Cyient
- 11.2.11.1. Business Overview
- 11.2.11.2. Product & Service Offering
- 11.2.11.3. Financials
- 11.2.11.4. Recent Development
- 11.2.12. GETAC
- 11.2.12.1. Business Overview
- 11.2.12.2. Product & Service Offering
- 11.2.12.3. Financials
- 11.2.12.4. Recent Development
- 11.2.13. ArborSystems, Inc.
- 11.2.13.1. Business Overview
- 11.2.13.2. Product & Service Offering
- 11.2.13.3. Financials
- 11.2.13.4. Recent Development
Pricing
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