The rising requirement for Operational Efficiency and Control as well as growing trend of deregulating the utilities industry is creating lucrative opportunities for the smart utilities market in the forecast period. Furthermore, the adoption of SCADA system which optimizes and manages transmission as well as generation processes of utility facilities is also boosting the smart utilities software market.
MARKET DYNAMICS
The boosting demand of enhanced grid reliability and efficient outage response is driving the growth of the Smart Utilities market. However, the smart grid cybersecurity and its vulnerabilities may restrain the growth of the smart utilities market. Furthermore, the upcoming smart cities projects in developing regions is anticipated to create market opportunities for the Smart Utilities market during the forecast period.
MARKET SCOPE
The "Global Smart Utilities Market Analysis to 2028" is a specialized and in-depth study of the Smart Utilities market with a special focus on the global market trend analysis. The report aims to provide an overview of Smart Utilities market with detailed market segmentation by deployment type, product type, and geography. The global Smart Utilities market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Smart Utilities market players and offers key trends and opportunities in the Smart Utilities market.
MARKET SEGMENTATION
The global Smart Utilities market is segmented on the basis of deployment type and product type. Based on deployment type the market is fragmented into on-premises and cloud. Similarly, based on product type the market is segmented as Advance Metering Infrastructure (AMI), Smart Grid Distribution Management, Smart Grid Network Management, Grid Asset Management, Substation Automation, Billing and Customer Information System.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Smart Utilities market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Smart Utilities market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Smart Utilities market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Smart Utilities market in these regions.
MARKET PLAYERS
The reports cover key developments in the Smart Utilities market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Smart Utilities market are anticipated to lucrative growth opportunities in the future with the rising demand for Smart Utilities market. Below mentioned is the list of few companies engaged in the Smart Utilities market.
The report also includes the profiles of key Smart Utilities market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Aclara
- Awesense
- Davra
- Fluentgrid
- Globema
- Landis+Gyr
- Live Earth
- PLVision
- REENGEN
- Schweitzer Engineering Laboratories
- Siemens AG
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.