Pune, India -- (SBWire) -- 09/26/2018 --Utility Communications Global Market Overview:-
Utility communication technologies are used in the form of wired and wireless communication technologies. Wireless utility communication technologies include RF mesh and mobile network whereas, wired communication technologies include power line carrier (PLC), optic fiber network, and Ethernet. Utility communication allows smooth and well-regulated transfer of utilities such as power and gas. The installation of smart grids with sophisticated utility communication technology offer benefits to customers and providers, which is pushing market towards growth. The market of utility communication is witnessing significant growth due to the increase in use of smart grids and mobile devices, modification in billing practices in power utility companies and stringent regulatory requirements for power utilities. The rising demand for smart grid systems for the distribution of utilities is the key driver for the global utility communications market.
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Leading Key Players:-
The key players of global utility communications markets are General Electric (U.S.) , Siemens AG(Germany), ABB, Ltd.( Switzerland), Schneider Electric SE (France) Motorola Solutions, Inc.(U.S.), Omicron Electronics GmbH (Austria), Digi International, Inc.(U.S.), Milsoft Utility Solutions, Inc.(U.S.), Cisco Systems, Inc.(U.S.) and RAD Data Communications Ltd. (Israel)
Market Research Future Analysis:
Market Research Future analysis shows that the global market of utility communications market is estimated to grow at CAGR of 7.2 % in the forecast period.
The RF mesh technology sub segment, within the wireless technology segment of the utility communication market is expected to hold the largest share, by technology. This segment is primarily driven by the modernization of ageing infrastructure in developed countries. Asia-Pacific is expected to dominate the global utility communication market, given an increase in the number of smart grid and smart city projects. The growing number of smart grid projects in developing economies, such as China, Japan, Australia, and India, is expected to create an opportunity for the utility communications market during the forecast period.
The market has analyzed the market based on technology type, utility type and end-use in the regions of North America, Europe, APAC and Rest of the World. The segments, on the basis of technology type, include wired communication (Power line carrier, Optic fiber, Ethernet), and Wireless communication (RF Mesh, Mobile Network). The power line carrier (PLC) technology sub segment, within the wired technology segment, is expected to hold the largest share of the utility communication market, by technology, during the forecast period. The RF mesh technology sub segment, within the wireless technology segment, is expected to hold the largest share of the utility communication market, by technology, during the forecast period. On the basis of utility type the segments are Power Generation & Transmission, Natural Gas, Water and Sewage, Oilfield Communications. Whereas, Asia-Pacific has been found to be the largest market for utility communications, closely followed by North America.
Major Points From TOC:-
1 Executive Summary
2 Research Methodology
3 Market Dynamics
4 Global Utility Communications Market, By Technology Type
5 Global Utility Communications Market, By Utility Type
5.1 Introduction
5.2 Power Generation & Transmission
5.3 Natural Gas
5.4 Water And Sewage
5.5 Oilfield Communications
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6 Regional Market Analysis
6.1 Introduction
6.2 North America
6.2.1 U.S.
6.2.2 Canada
6.3 Europe
6.3.1 U.K
6.3.2 France
6.3.3 Germany
6.3.4 Spain
6.3.5 Rest Of Europe
6.4 Asia-Pacific
6.4.1 China
6.4.2 Japan
6.4.3 India
6.4.4 Rest Of Asia-Pacific
6.5 Rest Of The World
Continued.......
Utility Communications Market 2018 Global Industry Trends, 10 Company Profiles Size, Share, Growth and 2023 Future Market Analysis