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Utility Asset Management Market by Application (Transformer, Sub-Station, Transmission & Distribution Lines), Component (Hardware, Software), Utility Type (Public Utility, Private Utility), and Region - Global Forecast to 2022

Utility Asset Management Market by Application (Transformer, Sub-Station, Transmission & Distribution Lines), Component (Hardware, Software), Utility Type (Public Utility, Private Utility), and Region - Global Forecast to 2022

“The utility asset management market is projected to grow at a CAGR of 8.25%, from 2017 to 2022”
The utility asset management market is projected to reach USD 4.09 billion by 2022, at a CAGR of 8.25%, from 2017 to 2022. Increasing investments in grid modernization, requirement for energy efficiency, reliable power, increasing grid complexity, and aging infrastructure are the major drivers of the utility asset management market.

The intensive capital requirement for the sensor technology could be the major restrain for the utility asset management market. Advanced communication network in the grid is still not prevalent in many utilities. Hence, utilities are reluctant to invest on additional infrastructure for asset monitoring and overhaul activities.

“The transformer sub-segment, within the application segment, is expected to grow at the highest CAGR, from 2017 to 2022”
The transformer sub-segment, is estimated to be the largest market in the application segment during the forecast period.
This market is expected to grow in the future as a result of increasing investments being made by utilities in grid modernization in North America and other parts of the world. Moreover, Europe and some countries of Asia Pacific, such as Australia, India, and China also present opportunities as energy efficiency and reliable power generation is a prime consideration for utilities in these regions. The transformer sub-segment is poised to grow significantly during the forecast period. This is likely to drive the utility asset management market in the application segment.

“Asia Pacific: The fastest growing market for utility asset management system”
The market in Asia Pacific is expected to be the fastest growing market for utility asset management, closely followed by Europe. The market in Asia pacific is primarily driven by economies, such as China, Japan, and India. The government of these economies is looking forward to invest heavily in grid modernization. Apart from these countries, the Australian government has also begun to invest in its T&D network to improve its energy efficiency.

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 60%, Tier 2- 27%, Tier 3- 13%
By Designation: C-Level- 35%, Manager-Level- 25%, Others- 40%
By Region: North America- 60%, Europe- 30%, and Asia Pacific- 10%,

Note: The tier of the companies has been defined on the basis of their total revenue; as of 2015: Tier 1 = >USD 20 billion, Tier 2 = USD 10 billion to USD 20 billion, and Tier 3 = <USD 10 billion.

Leading players in the utility asset management market includes Siemens AG (Germany), ABB, Ltd. (Switzerland), General Electric (US), and Emerson Electric (US).

Research Coverage:
The report defines, describes, and forecasts the global utility asset management market by application, component, utility type, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, and key issues. It also covers various important aspects of the market.
Why buy this report?
The report identifies and addresses key solution operators for utility asset management, which would help solution providers, review the growth in the demand for services.
The report helps solution providers understand the pulse of the market, and provides insights into drivers, restraints, and challenges.
The report will help key players understand the strategies of their competitors better, and will help in making strategic decisions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • UTILITY ASSET MANAGEMENT MARKET: MARKET SEGMENTATION
      • REGIONAL SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
      • ASSUMPTIONS OF THE RESEARCH STUDY
  • EXECUTIVE SUMMARY
    • Table UTILITY ASSET MANAGEMENT MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • UTILITY ASSET MANAGEMENT MARKET, BY REGION
    • UTILITY ASSET MANAGEMENT MARKET, BY COMPONENT
    • UTILITY ASSET MANAGEMENT MARKET, BY SOFTWARE
    • UTILITY ASSET MANAGEMENT MARKET, BY APPLICATION
    • NORTH AMERICAN UTILITY ASSET MANAGEMENT MARKET
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
        • Table TOP TWELVE UTILITIES INVESTING IN DISTRIBUTED POWER GENERATION
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • SUPPLY CHAIN
      • RAW MATERIAL SUPPLIERS
      • ENABLERS
      • END-USERS
  • UTILITY ASSET MANAGEMENT MARKET, BY APPLICATION
    • INTRODUCTION
      • Table UTILITY ASSET MANAGEMENT MARKET, BY APPLICATION, 2015–2022 (USD MILLION)
    • TRANSFORMERS
      • Table TRANSFORMERS: UTILITY ASSET MANAGEMENT MARKET, BY REGION,2015–2022 (USD MILLION)
    • SUBSTATIONS
      • Table SUBSTATIONS: UTILITY ASSET MANAGEMENT MARKET, BY REGION,2015–2022 (USD MILLION)
    • TRANSMISSION & DISTRIBUTION LINES
      • Table T&D LINES: UTILITY ASSET MANAGEMENT MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
  • UTILITY ASSET MANAGEMENT MARKET, BY COMPONENT
    • INTRODUCTION
      • Table UTILITY ASSET MANAGEMENT MARKET, BY COMPONENT, 2015–2022 (USD MILLION)
    • HARDWARE
      • Table HARDWARE: UTILITY ASSET MANAGEMENT MARKET SIZE, BY TYPE,2015–2022 (USD MILLION)
      • Table HARDWARE: UTILITY ASSET MANAGEMENT MARKET SIZE, BY REGION,2015–2022 (USD MILLION)
      • SENSORS
        • Table SENSORS: UTILITY ASSET MANAGEMENT MARKET SIZE, BY REGION,2015–2022 (USD MILLION)
      • INFRARED CAMERAS
        • Table INFRARED CAMERAS: UTILITY ASSET MANAGEMENT MARKET SIZE, BY REGION,2015–2022 (USD MILLION)
      • OTHERS
        • Table OTHERS: UTILITY ASSET MANAGEMENT MARKET SIZE, BY REGION,2015–2022 (USD MILLION)
    • SOFTWARE
      • Table SOFTWARE: UTILITY ASSET MANAGEMENT MARKET SIZE, BY TYPE 2015–2022 (USD MILLION)
      • Table SOFTWARE: UTILTIY ASSET MANAGEMENT MARKET SIZE, BY REGION,2015–2022 (USD MILLION)
      • EQUIPMENT/COMPONENT MANAGEMENT
        • Table EQUIPMENT/COMPONENT MANAGEMENT: UTILTIY ASSET MANAGEMENT MARKET SIZE,BY REGION, 2015–2022 (USD MILLION)
      • PERFORMANCE MANAGEMENT
        • Table PERFORMANCE MANAGEMENT: UTILITY ASSET MANAGEMENT MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
      • PRODUCTION MANAGEMENT
        • Table PRODUCTION MANAGEMENT: UTILITY ASSET MANAGEMENT MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
  • UTILITY ASSET MANAGEMENT MARKET, BY UTILITY TYPE
    • INTRODUCTION
      • Table UTILITY ASSET MANAGEMENT MARKET SIZE, BY UTILITY TYPE, 2015–2022 (USD MILLION)
    • PUBLIC UTILITY
      • Table PUBLIC UTILITY: UTILITY ASSET MANAGEMENT MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
    • PRIVATE UTILITY
      • Table PRIVATE UTILITY: UTILITY ASSET MANAGEMENT MARKET SIZE, BY REGION, 2015–2022 (USD MILLION)
  • UTILITY ASSET MANAGEMENT MARKET, BY REGION
    • INTRODUCTION
      • Table UTILITY ASSET MANAGEMENT MARKET, BY REGION 2015–2022 (USD MILLION)
    • NORTH AMERICA
      • BY COMPONENT
        • Table NORTH AMERICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT,2015–2022 (USD MILLION)
        • Table NORTH AMERICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY HARDWARE,2015–2022 (USD MILLION)
        • Table NORTH AMERICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY SOFTWARE,2015–2022 (USD MILLION)
      • BY APPLICATION
        • Table NORTH AMERICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • BY UTILITY TYPE
        • Table NORTH AMERICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY UTILITY TYPE, 2015–2022 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
        • Table THE US: UTILTIY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT,2015–2022 (USD MILLION)
        • Table CANADA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT,2015–2022 (USD MILLION)
        • Table MEXICO: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
    • EUROPE
      • BY COMPONENT
        • Table EUROPE: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table EUROPE: UTILITY ASSET MANAGEMENT MARKET SIZE, BY HARDWARE, 2015–2022 (USD MILLION)
        • Table EUROPE: UTILITY ASSET MANAGEMENT MARKET SIZE, BY SOFTWARE, 2015–2022 (USD MILLION)
      • BY APPLICATION
        • Table EUROPE: UTILITY ASSET MANAGEMENT MARKET SIZE, BY APPLICATION,2015–2022 (USD MILLION)
      • BY UTILITY TYPE
        • Table EUROPE: UTILITY ASSET MANAGEMENT MARKET SIZE, BY UTILITY TYPE 2015–2022 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
        • Table GERMANY: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT,2015–2022 (USD MILLION)
        • Table DENMARK: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table THE UK: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table FRANCE: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table ITALY: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table SPAIN: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table NORWAY: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table THE REST OF EUROPE: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT,2015–2022 (USD MILLION)
    • ASIA PACIFIC
      • BY COMPONENT
        • Table ASIA PACIFIC: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table ASIA PACIFIC: UTILITY ASSET MANAGEMENT MARKET SIZE, BY HARDWARE, 2015–2022 (USD MILLION)
        • Table ASIA PACIFIC: UTILITY ASSET MANAGEMENT MARKET SIZE, BY SOFTWARE, 2015–2022 (USD MILLION)
      • BY APPLICATION
        • Table ASIA PACIFIC: UTILTIY ASSET MANAGEMENT MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • BY UTILITY TYPE
        • Table ASIA PACIFIC: UTILITY ASSET MANAGEMENT MARKET SIZE, BY UTILITY TYPE, 2015–2022 (USD MILLION)
      • BY COUNTRY
        • Table ASIA PACIFIC: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
        • Table AUSTRALIA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table SOUTH KOREA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table JAPAN: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table CHINA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table INDIA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table THE REST OF ASIA PACIFIC: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
    • THE MIDDLE EAST & AFRICA
      • BY COMPONENT
        • Table MIDDLE EAST & AFRICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table MIDDLE EAST & AFRICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY HARDWARE, 2015–2022 (USD MILLION)
        • Table MIDDLE EAST & AFRICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY SOFTWARE, 2015–2022 (USD MILLION)
      • BY COUNTRY
        • Table MIDDLE EAST & AFRICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
      • BY APPLICATION
        • Table MIDDLE EAST & AFRICA: UTILTIY ASSET MANAGEMENT MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • BY UTILITY TYPE
        • Table MIDDLE EAST & AFRICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY UTILITY TYPE, 2015–2022 (USD MILLION)
        • Table SAUDI ARABIA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015– 2022 (USD MILLION)
        • Table UAE: UTILITY ASSET MANAGEMENT MARKET, BY COMPONENT,2015–2022 (USD MILLION)
        • Table IRAN: UTILITY ASSET MANAGEMENT MARKET, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table KUWAIT: UTILITY ASSET MANAGEMENT MARKET, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table SOUTH AFRICA: UTILITY ASSET MANAGEMENT MARKET, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table QATAR: UTILITY ASSET MANAGEMENT MARKET, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table THE REST OF THE MIDDLE EAST & AFRICA: UTILTIY ASSET MANAGEMENT MARKET SIZE,BY COMPONENT, 2015–2022 (USD MILLION)
    • SOUTH AMERICA
      • BY COMPONENT
        • Table SOUTH AMERICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table SOUTH AMERICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY HARDWARE, 2015–2022 (USD MILLION)
        • Table SOUTH AMERICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY SOFTWARE, 2015–2022 (USD MILLION)
      • BY APPLICATION
        • Table SOUTH AMERICA: UTILTIY ASSET MANAGEMENT MARKET SIZE, BY APPLICATION, 2015–2022 (USD MILLION)
      • BY UTILITY TYPE
        • Table SOUTH AMERICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY UTILITY TYPE, 2015–2022 (USD MILLION)
      • BY COUNTRY
        • Table SOUTH AMERICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COUNTRY, 2015–2022 (USD MILLION)
        • Table BRAZIL: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table ARGENTINA: UTILITY ASSET MANAGEMENT MARKET, BY COMPONENT, 2015–2022 (USD MILLION)
        • Table THE REST OF SOUTH AMERICA: UTILITY ASSET MANAGEMENT MARKET SIZE, BY COMPONENT, 2015–2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING, UTILITY ASSET MANAGEMENT MARKET, 2016
      • Table MARKET RANKING, UTILITY ASSET MANAGEMENT MARKET, 2016
    • COMPETITIVE SITUATION & TRENDS
  • COMPANY PROFILES
    • ABB LTD
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • SIEMENS AG
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • GENERAL ELECTRIC COMPANY
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • S&C ELECTRIC COMPANY
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • SENTIENT ENERGY, INC.
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • ACLARA TECHNOLOGIES LLC
      • OVERVIEW
      • PRODUCT OFFERING
      • PRODUCT OFFERING PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • EMERSON ELECTRIC CO.
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • ENETICS INC.
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGHT OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY SCORECARD
    • LINDSEY MANUFACTURING CO.
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGHT OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • NETCONTROL OY
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
      • RECENT DEVELOPMENTS
    • CNIGUARD LTD
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
    • VAISALA OYJ
      • OVERVIEW
      • PRODUCT OFFERING
      • STRENGTH OF PRODUCT PORTFOLIO
      • BUSINESS STRATEGY EXCELLENCE
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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