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Utility Communication-Global Market Insights and Sales Trends 2024
Synopsis
The Utility Communication is increasing, this growth is attributed to modification in billing practices by power utility companies, stringent regulatory requirements for power utilities, and increasing investments in smart grids.
The global Utility Communication market size is expected to reach US$ 19030 million by 2029, growing at a CAGR of 8.8% from 2023 to 2029. The market is mainly driven by the significant applications of Utility Communication in various end use industries. The expanding demands from the Public Utilities and Private Utilities, are propelling Utility Communication market. Wired, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Wireless segment is estimated at % CAGR for the next seven-year period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Utility Communication, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Utility Communication market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Utility Communication market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Utility Communication sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Utility Communication covered in this report include ABB, Schneider Electric, General Electric, Siemens, Motorola Solutions, Ericsson, Fujitsu, Landisgyr and Black & Veatch, etc.
The global Utility Communication market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Schneider Electric
General Electric
Siemens
Motorola Solutions
Ericsson
Fujitsu
Landisgyr
Black & Veatch
Rad Data
Digi
Trilliant
Comnet
Netcontrol
Omicron
Xylem Inc
Milsoft
Itron
Cisco
TI
Valiant Communications
ZTE
OSI
Power System
Global Utility Communication market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Utility Communication market, Segment by Type:
Wired
Wireless
Global Utility Communication market, by Application
Public Utilities
Private Utilities
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Utility Communication companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The Utility Communication is increasing, this growth is attributed to modification in billing practices by power utility companies, stringent regulatory requirements for power utilities, and increasing investments in smart grids.
The global Utility Communication market size is expected to reach US$ 19030 million by 2029, growing at a CAGR of 8.8% from 2023 to 2029. The market is mainly driven by the significant applications of Utility Communication in various end use industries. The expanding demands from the Public Utilities and Private Utilities, are propelling Utility Communication market. Wired, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Wireless segment is estimated at % CAGR for the next seven-year period.
The Global Mobile Economy Development Report 2023 released by GSMA Intelligence pointed out that by the end of 2022, the number of global mobile users would exceed 5.4 billion. The mobile ecosystem supports 16 million jobs directly and 12 million jobs indirectly.
According to our Communications Research Centre, in 2022, the global communication equipment was valued at US$ 100 billion. The U.S. and China are powerhouses in the manufacture of communications equipment. According to data from the Ministry of Industry and Information Technology of China, the cumulative revenue of telecommunications services in 2022 was ¥1.58 trillion, an increase of 8% over the previous year. The total amount of telecommunications business calculated at the price of the previous year reached ¥1.75 trillion, a year-on-year increase of 21.3%. In the same year, the fixed Internet broadband access business revenue was ¥240.2 billion, an increase of 7.1% over the previous year, and its proportion in the telecommunications business revenue decreased from 15.3% in the previous year to 15.2%, driving the telecommunications business revenue to increase by 1.1 percentage points.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Utility Communication, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Utility Communication market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Utility Communication market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Utility Communication sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Utility Communication covered in this report include ABB, Schneider Electric, General Electric, Siemens, Motorola Solutions, Ericsson, Fujitsu, Landisgyr and Black & Veatch, etc.
The global Utility Communication market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB
Schneider Electric
General Electric
Siemens
Motorola Solutions
Ericsson
Fujitsu
Landisgyr
Black & Veatch
Rad Data
Digi
Trilliant
Comnet
Netcontrol
Omicron
Xylem Inc
Milsoft
Itron
Cisco
TI
Valiant Communications
ZTE
OSI
Power System
Global Utility Communication market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Utility Communication market, Segment by Type:
Wired
Wireless
Global Utility Communication market, by Application
Public Utilities
Private Utilities
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Utility Communication companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Utility Communication
1.1 Utility Communication Market Overview
1.1.1 Utility Communication Product Scope
1.1.2 Utility Communication Market Status and Outlook
1.2 Global Utility Communication Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Utility Communication Market Size by Region (2018-2029)
1.4 Global Utility Communication Historic Market Size by Region (2018-2023)
1.5 Global Utility Communication Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Utility Communication Market Size (2018-2029)
1.6.1 North America Utility Communication Market Size (2018-2029)
1.6.2 Europe Utility Communication Market Size (2018-2029)
1.6.3 Asia-Pacific Utility Communication Market Size (2018-2029)
1.6.4 Latin America Utility Communication Market Size (2018-2029)
1.6.5 Middle East & Africa Utility Communication Market Size (2018-2029)
2 Utility Communication Market by Type
2.1 Introduction
2.1.1 Wired
2.1.2 Wireless
2.2 Global Utility Communication Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Utility Communication Historic Market Size by Type (2018-2023)
2.2.2 Global Utility Communication Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Utility Communication Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Utility Communication Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Utility Communication Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Utility Communication Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Utility Communication Revenue Breakdown by Type (2018-2029)
3 Utility Communication Market Overview by Application
3.1 Introduction
3.1.1 Public Utilities
3.1.2 Private Utilities
3.2 Global Utility Communication Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Utility Communication Historic Market Size by Application (2018-2023)
3.2.2 Global Utility Communication Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Utility Communication Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Utility Communication Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Utility Communication Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Utility Communication Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Utility Communication Revenue Breakdown by Application (2018-2029)
4 Utility Communication Competition Analysis by Players
4.1 Global Utility Communication Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Utility Communication as of 2022)
4.3 Date of Key Players Enter into Utility Communication Market
4.4 Global Top Players Utility Communication Headquarters and Area Served
4.5 Key Players Utility Communication Product Solution and Service
4.6 Competitive Status
4.6.1 Utility Communication Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ABB
5.1.1 ABB Profile
5.1.2 ABB Main Business
5.1.3 ABB Utility Communication Products, Services and Solutions
5.1.4 ABB Utility Communication Revenue (US$ Million) & (2018-2023)
5.1.5 ABB Recent Developments
5.2 Schneider Electric
5.2.1 Schneider Electric Profile
5.2.2 Schneider Electric Main Business
5.2.3 Schneider Electric Utility Communication Products, Services and Solutions
5.2.4 Schneider Electric Utility Communication Revenue (US$ Million) & (2018-2023)
5.2.5 Schneider Electric Recent Developments
5.3 General Electric
5.3.1 General Electric Profile
5.3.2 General Electric Main Business
5.3.3 General Electric Utility Communication Products, Services and Solutions
5.3.4 General Electric Utility Communication Revenue (US$ Million) & (2018-2023)
5.3.5 Siemens Recent Developments
5.4 Siemens
5.4.1 Siemens Profile
5.4.2 Siemens Main Business
5.4.3 Siemens Utility Communication Products, Services and Solutions
5.4.4 Siemens Utility Communication Revenue (US$ Million) & (2018-2023)
5.4.5 Siemens Recent Developments
5.5 Motorola Solutions
5.5.1 Motorola Solutions Profile
5.5.2 Motorola Solutions Main Business
5.5.3 Motorola Solutions Utility Communication Products, Services and Solutions
5.5.4 Motorola Solutions Utility Communication Revenue (US$ Million) & (2018-2023)
5.5.5 Motorola Solutions Recent Developments
5.6 Ericsson
5.6.1 Ericsson Profile
5.6.2 Ericsson Main Business
5.6.3 Ericsson Utility Communication Products, Services and Solutions
5.6.4 Ericsson Utility Communication Revenue (US$ Million) & (2018-2023)
5.6.5 Ericsson Recent Developments
5.7 Fujitsu
5.7.1 Fujitsu Profile
5.7.2 Fujitsu Main Business
5.7.3 Fujitsu Utility Communication Products, Services and Solutions
5.7.4 Fujitsu Utility Communication Revenue (US$ Million) & (2018-2023)
5.7.5 Fujitsu Recent Developments
5.8 Landisgyr
5.8.1 Landisgyr Profile
5.8.2 Landisgyr Main Business
5.8.3 Landisgyr Utility Communication Products, Services and Solutions
5.8.4 Landisgyr Utility Communication Revenue (US$ Million) & (2018-2023)
5.8.5 Landisgyr Recent Developments
5.9 Black & Veatch
5.9.1 Black & Veatch Profile
5.9.2 Black & Veatch Main Business
5.9.3 Black & Veatch Utility Communication Products, Services and Solutions
5.9.4 Black & Veatch Utility Communication Revenue (US$ Million) & (2018-2023)
5.9.5 Black & Veatch Recent Developments
5.10 Rad Data
5.10.1 Rad Data Profile
5.10.2 Rad Data Main Business
5.10.3 Rad Data Utility Communication Products, Services and Solutions
5.10.4 Rad Data Utility Communication Revenue (US$ Million) & (2018-2023)
5.10.5 Rad Data Recent Developments
5.11 Digi
5.11.1 Digi Profile
5.11.2 Digi Main Business
5.11.3 Digi Utility Communication Products, Services and Solutions
5.11.4 Digi Utility Communication Revenue (US$ Million) & (2018-2023)
5.11.5 Digi Recent Developments
5.12 Trilliant
5.12.1 Trilliant Profile
5.12.2 Trilliant Main Business
5.12.3 Trilliant Utility Communication Products, Services and Solutions
5.12.4 Trilliant Utility Communication Revenue (US$ Million) & (2018-2023)
5.12.5 Trilliant Recent Developments
5.13 Comnet
5.13.1 Comnet Profile
5.13.2 Comnet Main Business
5.13.3 Comnet Utility Communication Products, Services and Solutions
5.13.4 Comnet Utility Communication Revenue (US$ Million) & (2018-2023)
5.13.5 Comnet Recent Developments
5.14 Netcontrol
5.14.1 Netcontrol Profile
5.14.2 Netcontrol Main Business
5.14.3 Netcontrol Utility Communication Products, Services and Solutions
5.14.4 Netcontrol Utility Communication Revenue (US$ Million) & (2018-2023)
5.14.5 Netcontrol Recent Developments
5.15 Omicron
5.15.1 Omicron Profile
5.15.2 Omicron Main Business
5.15.3 Omicron Utility Communication Products, Services and Solutions
5.15.4 Omicron Utility Communication Revenue (US$ Million) & (2018-2023)
5.15.5 Omicron Recent Developments
5.16 Xylem Inc
5.16.1 Xylem Inc Profile
5.16.2 Xylem Inc Main Business
5.16.3 Xylem Inc Utility Communication Products, Services and Solutions
5.16.4 Xylem Inc Utility Communication Revenue (US$ Million) & (2018-2023)
5.16.5 Xylem Inc Recent Developments
5.17 Milsoft
5.17.1 Milsoft Profile
5.17.2 Milsoft Main Business
5.17.3 Milsoft Utility Communication Products, Services and Solutions
5.17.4 Milsoft Utility Communication Revenue (US$ Million) & (2018-2023)
5.17.5 Milsoft Recent Developments
5.18 Itron
5.18.1 Itron Profile
5.18.2 Itron Main Business
5.18.3 Itron Utility Communication Products, Services and Solutions
5.18.4 Itron Utility Communication Revenue (US$ Million) & (2018-2023)
5.18.5 Itron Recent Developments
5.19 Cisco
5.19.1 Cisco Profile
5.19.2 Cisco Main Business
5.19.3 Cisco Utility Communication Products, Services and Solutions
5.19.4 Cisco Utility Communication Revenue (US$ Million) & (2018-2023)
5.19.5 Cisco Recent Developments
5.20 TI
5.20.1 TI Profile
5.20.2 TI Main Business
5.20.3 TI Utility Communication Products, Services and Solutions
5.20.4 TI Utility Communication Revenue (US$ Million) & (2018-2023)
5.20.5 TI Recent Developments
5.21 Valiant Communications
5.21.1 Valiant Communications Profile
5.21.2 Valiant Communications Main Business
5.21.3 Valiant Communications Utility Communication Products, Services and Solutions
5.21.4 Valiant Communications Utility Communication Revenue (US$ Million) & (2018-2023)
5.21.5 Valiant Communications Recent Developments
5.22 ZTE
5.22.1 ZTE Profile
5.22.2 ZTE Main Business
5.22.3 ZTE Utility Communication Products, Services and Solutions
5.22.4 ZTE Utility Communication Revenue (US$ Million) & (2018-2023)
5.22.5 ZTE Recent Developments
5.23 OSI
5.23.1 OSI Profile
5.23.2 OSI Main Business
5.23.3 OSI Utility Communication Products, Services and Solutions
5.23.4 OSI Utility Communication Revenue (US$ Million) & (2018-2023)
5.23.5 OSI Recent Developments
5.24 Power System
5.24.1 Power System Profile
5.24.2 Power System Main Business
5.24.3 Power System Utility Communication Products, Services and Solutions
5.24.4 Power System Utility Communication Revenue (US$ Million) & (2018-2023)
5.24.5 Power System Recent Developments
6 North America
6.1 North America Utility Communication Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Utility Communication Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Utility Communication Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Utility Communication Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Utility Communication Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Utility Communication Market Dynamics
11.1 Utility Communication Industry Trends
11.2 Utility Communication Market Drivers
11.3 Utility Communication Market Challenges
11.4 Utility Communication Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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