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

  • ID: 4395090
  • Report
  • Region: Global
  • 148 Pages
  • Markets and Markets
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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.

FEATURED COMPANIES

  • ABB Ltd
  • Cniguard Ltd
  • Enetics Inc.
  • Lindsey Manufacturing Co.
  • S&C Electric Company
  • Siemens Ag
  • MORE

“The utility asset management market is projected to grow 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.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Ltd
  • Cniguard Ltd
  • Enetics Inc.
  • Lindsey Manufacturing Co.
  • S&C Electric Company
  • Siemens Ag
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Utility Asset Management Market: Market Segmentation
1.3.2 Regional Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions
2.4.1 Assumptions of the Research Study

3 Executive Summary

4 Premium Insights
4.1 Utility Asset Management Market, By Region
4.2 Utility Asset Management Market, By Component
4.3 Utility Asset Management Market, By Software
4.4 Utility Asset Management Market, By Application
4.5 North American Utility Asset Management Market
 
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Upgradation of Aging Utility Infrastructure
5.2.1.2 Growing Investments in Distributed Generation And Related Government Regulations Will Drive the Market
5.2.1.3 Maximizing the Reliability And Resiliency of the Power Network
5.2.2 Restraints
5.2.2.1 Capital Intensive Nature of Sensor Technology
5.2.3 Opportunities
5.2.3.1 Use of Software Analytics in Smart Grid Optimization
5.2.4 Challenges
5.2.4.1 Challenges Associated With New Technology Implementation
5.3 Supply Chain
5.3.1 Raw Material Suppliers
5.3.2 Enablers
5.3.3 End-Users

6 Utility Asset Management Market, By Application
6.1 Introduction
6.2 Transformers
6.3 Substations
6.4 Transmission & Distribution Lines

7 Utility Asset Management Market, By Component
7.1 Introduction
7.2 Hardware
7.2.1 Sensors
7.2.2 Infrared Cameras
7.2.3 Others
7.3 Software
7.3.1 Equipment/Component Management
7.3.2 Performance Management
7.3.3 Production Management

8 Utility Asset Management Market, By Utility Type
8.1 Introduction
8.2 Public Utility
8.3 Private Utility
 
9 Utility Asset Management Market, By Region
9.1 Introduction
9.2 North America
9.2.1 By Component
9.2.1.1 By Hardware
9.2.1.2 By Software
9.2.2 By Application
9.2.3 By Utility Type
9.2.4 By Country
9.2.4.1 the Us
9.2.4.2 Canada
9.2.4.3 Mexico
9.3 Europe
9.3.1 By Component
9.3.1.1 By Hardware
9.3.1.2 By Software
9.3.2 By Application
9.3.3 By Utility Type
9.3.4 By Country
9.3.4.1 Germany
9.3.4.2 Denmark
9.3.4.3 Uk
9.3.4.4 France
9.3.4.5 Italy
9.3.4.6 Spain
9.3.4.7 Norway
9.3.4.8 the Rest of Europe
9.4 Asia Pacific
9.4.1 By Component
9.4.1.1 By Hardware
9.4.1.2 By Software
9.4.2 By Application
9.4.3 By Utility Type
9.4.4 By Country
9.4.4.1 Australia
9.4.4.2 South Korea
9.4.4.3 Japan
9.4.4.4 China
9.4.4.5 India
9.4.4.6 the Rest of Asia Pacific
9.5 the Middle East & Africa
9.5.1 By Component
9.5.1.1 By Hardware
9.5.1.2 By Software
9.5.2 By Country
9.5.3 By Application
9.5.4 By Utility Type
9.5.4.1 Saudi Arabia
9.5.4.2 Uae
9.5.4.3 Iran
9.5.4.4 Kuwait
9.5.4.5 South Africa
9.5.4.6 Qatar
9.5.4.7 the Rest of the Middle East & Africa
9.6 South America
9.6.1 By Component
9.6.1.1 By Hardware
9.6.1.2 By Software
9.6.2 By Application
9.6.3 By Utility Type
9.6.4 By Country
9.6.4.1 Brazil
9.6.4.2 Argentina
9.6.4.3 the Rest of South America

10 Competitive Landscape
10.1 Overview
10.2 Market Ranking, Utility Asset Management Market, 2016
10.3 Competitive Situation & Trends

11 Company Profiles
(Overview, Strength of Product Portfolio, Business Strategy Excellence, Products Offering, Recent Development’S, Business Strategy)*
11.1 Abb Ltd
11.2 Siemens Ag
11.3 General Electric Company
11.4 S&C Electric Company
11.5 Sentient Energy, Inc.
11.6 Aclara Technologies Llc
11.7 Emerson Electric Co.
11.8 Enetics Inc.
11.9 Lindsey Manufacturing Co.
11.10 Netcontrol Oy
11.11 Cniguard Ltd
11.12 Vaisala Oyj
*Details On Overview, Strength of Product Portfolio, Busines Strategy Excellence, Products Offering, Recent Development’S, Business Strategy Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Knowledge Store: Subscription Portal
12.4 Introducing Rt: Real-Time Market Intelligence
12.5 Available Customizations
12.6 Related Reports
12.7 Author Details

List of Tables:
Table 1 Utility Asset Management Market Snapshot
Table 2 Top Twelve Utilities Investing in Distributed Power Generation
Table 3 Utility Asset Management Market, By Application, 2015-2022 (USD Million)
Table 4 Transformers: Utility Asset Management Market, By Region, 2015-2022 (USD Million)
Table 5 Substations: Utility Asset Management Market, By Region, 2015-2022 (USD Million)
Table 6 T&D Lines: Utility Asset Management Market Size, By Region, 2015-2022 (USD Million)
Table 7 Utility Asset Management Market, By Component, 2015-2022 (USD Million)
Table 8 Hardware: Utility Asset Management Market Size, By Type, 2015-2022 (USD Million)
Table 9 Hardware: Utility Asset Management Market Size, By Region, 2015-2022 (USD Million)
Table 10 Sensors: Utility Asset Management Market Size, By Region, 2015-2022 (USD Million)
Table 11 Infrared Cameras: Utility Asset Management Market Size, By Region, 2015-2022 (USD Million)
Table 12 Others: Utility Asset Management Market Size, By Region, 2015-2022 (USD Million)
Table 13 Software: Utility Asset Management Market Size, By Type 2015-2022 (USD Million)
Table 14 Software: Utiltiy Asset Management Market Size, By Region, 2015-2022 (USD Million)
Table 15 Equipment/Component Management: Utiltiy Asset Management Market Size, By Region, 2015-2022 (USD Million)
Table 16 Performance Management: Utility Asset Management Market Size, By Region, 2015-2022 (USD Million)
Table 17 Production Management: Utility Asset Management Market Size, By Region, 2015-2022 (USD Million)
Table 18 Utility Asset Management Market Size, By Utility Type, 2015-2022 (USD Million)
Table 19 Public Utility: Utility Asset Management Market Size, By Region, 2015-2022 (USD Million)
Table 20 Private Utility: Utility Asset Management Market Size, By Region, 2015-2022 (USD Million)
Table 21 Utility Asset Management Market, By Region 2015-2022 (USD Million)
Table 22 North America: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 23 North America: Utility Asset Management Market Size, By Hardware, 2015-2022 (USD Million)
Table 24 North America: Utility Asset Management Market Size, By Software, 2015-2022 (USD Million)
Table 25 North America: Utility Asset Management Market Size, By Application, 2015-2022 (USD Million)
Table 26 North America: Utility Asset Management Market Size, By Utility Type, 2015-2022 (USD Million)
Table 27 North America: Utility Asset Management Market Size, By Country, 2015-2022 (USD Million)
Table 28 The Us: Utiltiy Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 29 Canada: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 30 Mexico: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 31 Europe: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 32 Europe: Utility Asset Management Market Size, By Hardware, 2015-2022 (USD Million)
Table 33 Europe: Utility Asset Management Market Size, By Software, 2015-2022 (USD Million)
Table 34 Europe: Utility Asset Management Market Size, By Application, 2015-2022 (USD Million)
Table 35 Europe: Utility Asset Management Market Size, By Utility Type 2015-2022 (USD Million)
Table 36 Europe: Utility Asset Management Market Size, By Country, 2015-2022 (USD Million)
Table 37 Germany: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 38 Denmark: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 39 The Uk: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 40 France: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 41 Italy: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 42 Spain: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 43 Norway: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 44 The Rest of Europe: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 45 Asia Pacific: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 46 Asia Pacific: Utility Asset Management Market Size, By Hardware, 2015-2022 (USD Million)
Table 47 Asia Pacific: Utility Asset Management Market Size, By Software, 2015-2022 (USD Million)
Table 48 Asia Pacific: Utiltiy Asset Management Market Size, By Application, 2015-2022 (USD Million)
Table 49 Asia Pacific: Utility Asset Management Market Size, By Utility Type, 2015-2022 (USD Million)
Table 50 Asia Pacific: Utility Asset Management Market Size, By Country, 2015-2022 (USD Million)
Table 51 Australia: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 52 South Korea: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 53 Japan: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 54 China: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 55 India: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 56 The Rest of Asia Pacific: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 57 Middle East & Africa: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 58 Middle East & Africa: Utility Asset Management Market Size, By Hardware, 2015-2022 (USD Million)
Table 59 Middle East & Africa: Utility Asset Management Market Size, By Software, 2015-2022 (USD Million)
Table 60 Middle East & Africa: Utility Asset Management Market Size, By Country, 2015-2022 (USD Million)
Table 61 Middle East & Africa: Utiltiy Asset Management Market Size, By Application, 2015-2022 (USD Million)
Table 62 Middle East & Africa: Utility Asset Management Market Size, By Utility Type, 2015-2022 (USD Million)
Table 63 Saudi Arabia: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 64 Uae: Utility Asset Management Market, By Component, 2015-2022 (USD Million)
Table 65 Iran: Utility Asset Management Market, By Component, 2015-2022 (USD Million)
Table 66 Kuwait: Utility Asset Management Market, By Component, 2015-2022 (USD Million)
Table 67 South Africa: Utility Asset Management Market, By Component, 2015-2022 (USD Million)
Table 68 Qatar: Utility Asset Management Market, By Component, 2015-2022 (USD Million)
Table 69 The Rest of the Middle East & Africa: Utiltiy Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 70 South America: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 71 South America: Utility Asset Management Market Size, By Hardware, 2015-2022 (USD Million)
Table 72 South America: Utility Asset Management Market Size, By Software, 2015-2022 (USD Million)
Table 73 South America: Utiltiy Asset Management Market Size, By Application, 2015-2022 (USD Million)
Table 74 South America: Utility Asset Management Market Size, By Utility Type, 2015-2022 (USD Million)
Table 75 South America: Utility Asset Management Market Size, By Country, 2015-2022 (USD Million)
Table 76 Brazil: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 77 Argentina: Utility Asset Management Market, By Component, 2015-2022 (USD Million)
Table 78 The Rest of South America: Utility Asset Management Market Size, By Component, 2015-2022 (USD Million)
Table 79 Market Ranking, Utility Asset Management Market, 2016

List of Figures:
Figure 1 Research Design
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Data Triangulation Methodology
Figure 5 North America is Estimated to Hold the Largest Share of the Utility Asset Management Market in 2017
Figure 6 the Hardware Segment is Expected to Lead the Utility Asset Management Market in 2017
Figure 7 the Sensors Subsegment of the Hardware Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 8 the Public Utility Segment is Expected to Lead the Utility Asset Management Market During the Forecast Period
Figure 9 Attractive Opportunities in the Utility Asset Management Market, 2017-2022
Figure 10 Region-Wise Comparision of the Expected And Forecasted Market Sizes
Figure 11 the Hardware Component Segment is Expected to Grow at the Fastest Rate During the Forecast Period
Figure 12 the Equipment/Component Management Subsegment is Expected to Lead the Software Segment of the Utility Asset Management Market in 2017
Figure 13 the Transformers Segment is Expected to Grow at the Highest CAGR from 2017 to 2022
Figure 14 the Us Held the Largest Share of the North American Utility Asset Management Market in 2016
Figure 15 Increasing Focus On Distributed Generation to Drive the Utility Asset Management Market
Figure 16 Capital Cost of Distributed Generation Technologies (2015-2040)
Figure 17 Smart Grid Analytics Market Size, By Region, 2016-2019 (USD Million)
Figure 18 Supply Chain Analysis: Utility Asset Management Market
Figure 19 Utility Asset Management Market, By Application, 2017-2022 (USD Million)
Figure 20 Utility Asset Management System Market, By Component, 2015-2022 (USD Million)
Figure 21 the Public Utility Segment is Expected to Hold the Largest Market Share During the Forecast Period
Figure 22 Regional Snapshot: CAGRs of the Utility Asset Management Markets in Important Countries, 2017-2022
Figure 23 North America: Market Snapshot
Figure 24 Asia Pacific: Market Snapshot
Figure 25 Companies Adopted New Product & Technology Launches & Contracts & Agreements As Key Growth Strategies, 2014-2017
Figure 26 Market Evaluation Framework, 2014-2017
Figure 27 Battle for Market Share (2014-2017): Contracts & Agreements Was the Key Strategy Adopted By Players in the Utility Asset Management Market
Figure 28 Abb Ltd: Company Snapshot
Figure 29 Siemens Ag: Company Snapshot
Figure 30 General Electric Company: Company Snapshot
Figure 31 Emerson Electric Co.: Company Snapshot
Figure 32 Vaisala Oyj: Company Snapshot

Note: Product cover images may vary from those shown
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  • ABB Ltd
  • Aclara Technologies Llc
  • Cniguard Ltd
  • Emerson Electric Co.
  • Enetics Inc.
  • General Electric Company
  • Lindsey Manufacturing Co.
  • Netcontrol Oy
  • S&C Electric Company
  • Sentient Energy, Inc.
  • Siemens Ag
  • Vaisala Oyj
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
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