The demand of Utility Asset Management is increasing, this growth is attributed to increasing investments in grid modernization, requirement for energy efficiency, increasing grid complexity, and necessity to reduce losses in T&D lines.
Market Analysis and Insights: Global Utility Asset Management Market
The global Utility Asset Management market size is projected to reach US$ 2581 million by 2027, from US$ 2409.2 million in 2021, at a CAGR of 6% during 2021-2027.
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The following players are covered in this report:
- ABB
- Siemens
- General Electric
- S&C
- Sentient Energy
- Aclara
- Emerson
- Enetics
- Lindsey Manufacturing
- Netcontrol
- Cniguard
- Vaisala
Utility Asset Management Breakdown Data by Type
- Hardware
- Software
Utility Asset Management Breakdown Data by Application
- Transformer
- Sub-Station
- Transmission & Distribution Lines
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Scope of the Report
The research study analyzes the global Utility Asset Management industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Utility Asset Management Market Report
1. What was the Utility Asset Management Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Utility Asset Management Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Utility Asset Management Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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