Global Utility Asset Management Market to Reach $11 Billion by 2030
The global market for Utility Asset Management estimated at US$6.4 Billion in the year 2022, is projected to reach a revised size of US$11 Billion by 2030, growing at a CAGR of 7% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 7.4% CAGR and reach US$6.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hardware segment is readjusted to a revised 6.4% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 6.5% CAGR
The Utility Asset Management market in the U.S. is estimated at US$1.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 6.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 5.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.Select Competitors (Total 11 Featured) -
- ABB Group
- Aclara Technologies LLC
- Cniguard Ltd.
- Emersion Electric Co.
- Enetics, Inc.
- General Electric Company
- Lindsay Manufacturing, Inc.
- Netcontrol Oy
- S&C Electric Company
- Sentient Energy, Inc.
- Siemens AG
- Vaisala Oyj
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Group
- Aclara Technologies LLC
- Cniguard Ltd.
- Emersion Electric Co.
- Enetics, Inc.
- General Electric Company
- Lindsay Manufacturing, Inc.
- Netcontrol Oy
- S&C Electric Company
- Sentient Energy, Inc.
- Siemens AG
- Vaisala Oyj
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 179 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 6.4 Billion |
Forecasted Market Value ( USD | $ 11 Billion |
Compound Annual Growth Rate | 7.0% |
Regions Covered | Global |