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Global Power Utility Monitoring System Market 2018-2022

Global Power Utility Monitoring System Market 2018-2022

About Power Utility Monitoring System

Power utility monitoring systems include software and hardware solutions. These solutions facilitate energy efficiency, preventive maintenance, and productivity in the power network value chain, from power transmission to power distribution.

Technavio’s analysts forecast the global power utility monitoring system market to grow at a CAGR of 6.24 % during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global power utility monitoring system market for 2018-2022. To calculate the market size, the report considers the revenue generated from the power utility monitoring system.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Power Utility Monitoring System Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Emerson Electric
  • General Electric
  • Itron
  • Schneider Electric
  • Siemens
Market driver
  • Successful awareness programs encouraging consumers to adopt smart meters in Europe and North America
  • For a full, detailed list, view our report
Market challenge
  • Increasing complexity in managing data in power utility monitoring systems
  • For a full, detailed list, view our report
Market trend
  • Increase in use of real-time power distribution analysis in utility grids
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Power Utility Monitoring System Market 2018-2022

Technavio recognizes the following companies as the key players in the global power utility monitoring system market: ABB, Emerson Electric, General Electric, Itron, Schneider Electric, and Siemens.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increase in use of real-time power distribution analysis in utility grids. The real-time analysis comprises computerized circuit probe that measures real-time inputs such as voltage and current and outputs. The outputs include customer consumption data to determine actual and forecasted power flow through the distribution grid.”

According to the report, one of the major drivers for this market is Successful awareness programs encouraging consumers to adopt smart meters in Europe and North America. There are only a few consumers that have adequate knowledge of power distribution solutions. Therefore, utilities are trying to educate consumers regarding the benefits of implementing advanced power distribution solutions. For instance, in the US, there is a significant belief among consumers that the power utilities are investor-owned, neglecting the fact that most of the power utilities are either public power utilities or rural electric cooperatives.

Further, the report states that one of the major factors hindering the growth of this market is Increasing complexity in managing data in power utility monitoring systems. Smart grids generate a significant amount of data owing to their connected network. At present, on an average, utilities require more than 150 devices for one smart meter for monitoring the grid. With an addition of the IoT connected devices and an increase in variable power generation sources, such as fossil fuels, gas, and renewable sources, data have increased by thousand times along with maintenance concerns.

Companies Mentioned

ABB, Emerson Electric, General Electric, Itron, Schneider Electric, and Siemens.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
    • Global power utility monitoring system market by product type
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global power utility monitoring system market - Market size and forecast 2017-2022 ($ mn)
      • Table Global power utility monitoring system market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table Global power utility monitoring system market by end-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Commercial and residential sector - Market size and forecast 2017-2022
      • Table Commercial and residential sector - Market size and forecast 2017-2022 ($ mn)
      • Table Commercial and residential sector - Year-over-year growth 2018-2022 (%)
    • Industrial sector - Market size and forecast 2017- 2022
      • Table Industrial sector - Market size and forecast 2017-2022 ($ mn)
      • Table Industrial sector - Year-over-year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global power utility monitoring system market - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increase in use of real-time power distribution analysis in utility grids
    • Growing adoption of smart sensors in power utilities
    • Increase in adoption of microgrids
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • ABB
      • Table Vendor overview
      • Table ABB - Business segments
      • Table ABB - Organizational developments
      • Table ABB - Geographic focus
      • Table ABB - Segment focus
      • Table ABB - Key offerings
    • Emerson Electric
      • Table Vendor overview
      • Table Emerson Electric - Business segments
      • Table Emerson Electric - Organizational developments
      • Table Emerson Electric - Geographic focus
      • Table Emerson Electric - Segment focus
      • Table Emerson Electric - Key offerings
    • General Electric
      • Table Vendor overview
      • Table General Electric - Business segments
      • Table General Electric - Organizational developments
      • Table General Electric - Geographic focus
      • Table General Electric - Segment focus
      • Table General Electric - Key offerings
    • Itron
      • Table Vendor overview
      • Table Itron - Business segments
      • Table Itron - Organizational developments
      • Table Itron - Geographic focus
      • Table Itron - Segment focus
      • Table Itron - Business segments
    • Schneider Electric
      • Table Vendor overview
      • Table Schneider Electric - Business segments
      • Table Schneider Electric - Organizational developments
      • Table Schneider Electric - Geographic focus
      • Table Schneider Electric - Segment focus
      • Table Schneider Electric - Key offerings
    • Siemens
      • Table Vendor overview
      • Table Siemens - Business segments
      • Table Siemens - Organizational developments
      • Table Siemens - Geographic focus
      • Table Siemens - Segment focus
      • Table Siemens - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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