Utility Communications Market By Technology, By Utility, By Component, By Application, By End-use : Global Opportunity Analysis and Industry Forecast, 2024-2033

Description

The utility communications market was valued at $27.7 billion in 2023, and is estimated to reach $47.3 billion by 2033, growing at a CAGR of 5.5% from 2024 to 2033.

Utility communications refer to the specialized communication systems and processes used by utility companies to manage their operations, monitor infrastructure, and ensure efficient service delivery. These communications include both internal and external interactions within the utility company and with its customers. Reliable utility communications contribute to improved safety and security in utility operations. Effective communication networks enable quick response and coordination during emergencies, enabling utilities to promptly address safety hazards, inform the public about potential risks, and work collaboratively with emergency response agencies. In addition, secure communication systems protect sensitive customer data and prevent unauthorized access to utility infrastructure.

Technological advancement is expected to offer lucrative market growth opportunities in the coming years. Utility communications enable real-time monitoring and control of DERs. By establishing communication links between the DERs and utility control centers, utilities gather data on energy generation, consumption, and storage from distributed resources. This data helps utilities manage the operation of DERs, optimize grid performance, and balance supply and demand. Further, DERs, particularly intermittent renewable energy sources such as solar and wind, introduce fluctuations in power supply. Utility communications assist in monitoring the output of DERs, enabling utilities to manage and stabilize the grid by adjusting generation or implementing storage solutions. Effective communication networks support grid stability and ensure consistent power quality.

DERs participate in demand response programs, allowing utilities to manage electricity demand during peak periods. Utility communications facilitate real-time communication between utilities and DER owners, enabling load shedding or shifting based on grid conditions or price signals. Communication networks play a crucial role in coordinating demand response actions and optimizing load management. Thus, surge in adoption of distributed energy resources (DERs), such as rooftop solar panels, wind turbines, and energy storage systems, has a significant impact on the utility communications industry.

The utility communications market is segmented on the basis of technology, utility, component, application, end-use, and region. By technology, the market is categorized into wired and wireless. By utility, the market is divided into public and private. By component, the market is bifurcated into hardware and software. By application, the market is classified into oil & gas, power generation, and others. By end-use, the utility communications market is classified into residential, commercial, and industrial. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report covers strategies adopted by key players in the market to sustain the competitive environment and increase their market share. The key players operating in the utility communications market include General Electric, Omicron, Hitachi, Ltd., Rad, Schneider Electric SE, Cisco Systems, Inc., ABB, Milsoft Utility Solutions, Motorola Solutions, Inc., Itron Inc. In addition, the market drivers, restraints, and opportunities are explained in the report.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the utility communications market analysis from 2023 to 2033 to identify the prevailing utility communications market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the utility communications market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global utility communications market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)

Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Expanded list for Company Profiles
SWOT Analysis

Key Market Segments

By Technology

Wired
Wireless

By Utility

Public
Private

By Component

Hardware
Software

By Application

Oil and Gas
Power Generation
Others

By End-use

Residential
Commercial
Industrial

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- France
- Italy
- UK
- Spain
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA

Key Market Players:

ABB
Cisco Systems, Inc.
General Electric Company
Hitachi, Ltd.
Itron Inc.
Milsoft Utility Solutions
Motorola Solutions, Inc.
OMICRON
Rad
Schneider Electric

Product Code: A15561

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Moderate bargaining power of suppliers
- 3.3.2. Moderate threat of new entrants
- 3.3.3. Moderate threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Moderate bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Rise in demand for smart grid infrastructure
  - 3.4.1.2. Surge in adoption of distributed energy resources (DERs)
- 3.4.2. Restraints
  - 3.4.2.1. Vulnerability to cybersecurity threats
- 3.4.3. Opportunities
  - 3.4.3.1. Technological advancement
3.5. Value Chain Analysis
3.6. Patent Landscape
3.7. Key Regulation Analysis
3.8. Comparative Analysis of Utilities

CHAPTER 4: UTILITY COMMUNICATIONS MARKET, BY TECHNOLOGY

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Wired
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Wireless
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country

CHAPTER 5: UTILITY COMMUNICATIONS MARKET, BY UTILITY

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Public
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Private
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: UTILITY COMMUNICATIONS MARKET, BY COMPONENT

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Hardware
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Software
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country

CHAPTER 7: UTILITY COMMUNICATIONS MARKET, BY APPLICATION

7.1. Overview
- 7.1.1. Market size and forecast
7.2. Oil and Gas
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
7.3. Power Generation
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
7.4. Others
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country

CHAPTER 8: UTILITY COMMUNICATIONS MARKET, BY END-USE

8.1. Overview
- 8.1.1. Market size and forecast
8.2. Residential
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by region
- 8.2.3. Market share analysis by country
8.3. Commercial
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by region
- 8.3.3. Market share analysis by country
8.4. Industrial
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by region
- 8.4.3. Market share analysis by country

CHAPTER 9: UTILITY COMMUNICATIONS MARKET, BY REGION

9.1. Overview
- 9.1.1. Market size and forecast By Region
9.2. North America
- 9.2.1. Key market trends, growth factors and opportunities
- 9.2.2. Market size and forecast, by Technology
- 9.2.3. Market size and forecast, by Utility
- 9.2.4. Market size and forecast, by Component
- 9.2.5. Market size and forecast, by Application
- 9.2.6. Market size and forecast, by End-use
- 9.2.7. Market size and forecast, by country
  - 9.2.7.1. U.S.
  - 9.2.7.1.1. Market size and forecast, by Technology
  - 9.2.7.1.2. Market size and forecast, by Utility
  - 9.2.7.1.3. Market size and forecast, by Component
  - 9.2.7.1.4. Market size and forecast, by Application
  - 9.2.7.1.5. Market size and forecast, by End-use
  - 9.2.7.2. Canada
  - 9.2.7.2.1. Market size and forecast, by Technology
  - 9.2.7.2.2. Market size and forecast, by Utility
  - 9.2.7.2.3. Market size and forecast, by Component
  - 9.2.7.2.4. Market size and forecast, by Application
  - 9.2.7.2.5. Market size and forecast, by End-use
  - 9.2.7.3. Mexico
  - 9.2.7.3.1. Market size and forecast, by Technology
  - 9.2.7.3.2. Market size and forecast, by Utility
  - 9.2.7.3.3. Market size and forecast, by Component
  - 9.2.7.3.4. Market size and forecast, by Application
  - 9.2.7.3.5. Market size and forecast, by End-use
9.3. Europe
- 9.3.1. Key market trends, growth factors and opportunities
- 9.3.2. Market size and forecast, by Technology
- 9.3.3. Market size and forecast, by Utility
- 9.3.4. Market size and forecast, by Component
- 9.3.5. Market size and forecast, by Application
- 9.3.6. Market size and forecast, by End-use
- 9.3.7. Market size and forecast, by country
  - 9.3.7.1. Germany
  - 9.3.7.1.1. Market size and forecast, by Technology
  - 9.3.7.1.2. Market size and forecast, by Utility
  - 9.3.7.1.3. Market size and forecast, by Component
  - 9.3.7.1.4. Market size and forecast, by Application
  - 9.3.7.1.5. Market size and forecast, by End-use
  - 9.3.7.2. France
  - 9.3.7.2.1. Market size and forecast, by Technology
  - 9.3.7.2.2. Market size and forecast, by Utility
  - 9.3.7.2.3. Market size and forecast, by Component
  - 9.3.7.2.4. Market size and forecast, by Application
  - 9.3.7.2.5. Market size and forecast, by End-use
  - 9.3.7.3. Italy
  - 9.3.7.3.1. Market size and forecast, by Technology
  - 9.3.7.3.2. Market size and forecast, by Utility
  - 9.3.7.3.3. Market size and forecast, by Component
  - 9.3.7.3.4. Market size and forecast, by Application
  - 9.3.7.3.5. Market size and forecast, by End-use
  - 9.3.7.4. UK
  - 9.3.7.4.1. Market size and forecast, by Technology
  - 9.3.7.4.2. Market size and forecast, by Utility
  - 9.3.7.4.3. Market size and forecast, by Component
  - 9.3.7.4.4. Market size and forecast, by Application
  - 9.3.7.4.5. Market size and forecast, by End-use
  - 9.3.7.5. Spain
  - 9.3.7.5.1. Market size and forecast, by Technology
  - 9.3.7.5.2. Market size and forecast, by Utility
  - 9.3.7.5.3. Market size and forecast, by Component
  - 9.3.7.5.4. Market size and forecast, by Application
  - 9.3.7.5.5. Market size and forecast, by End-use
  - 9.3.7.6. Rest of Europe
  - 9.3.7.6.1. Market size and forecast, by Technology
  - 9.3.7.6.2. Market size and forecast, by Utility
  - 9.3.7.6.3. Market size and forecast, by Component
  - 9.3.7.6.4. Market size and forecast, by Application
  - 9.3.7.6.5. Market size and forecast, by End-use
9.4. Asia-Pacific
- 9.4.1. Key market trends, growth factors and opportunities
- 9.4.2. Market size and forecast, by Technology
- 9.4.3. Market size and forecast, by Utility
- 9.4.4. Market size and forecast, by Component
- 9.4.5. Market size and forecast, by Application
- 9.4.6. Market size and forecast, by End-use
- 9.4.7. Market size and forecast, by country
  - 9.4.7.1. China
  - 9.4.7.1.1. Market size and forecast, by Technology
  - 9.4.7.1.2. Market size and forecast, by Utility
  - 9.4.7.1.3. Market size and forecast, by Component
  - 9.4.7.1.4. Market size and forecast, by Application
  - 9.4.7.1.5. Market size and forecast, by End-use
  - 9.4.7.2. India
  - 9.4.7.2.1. Market size and forecast, by Technology
  - 9.4.7.2.2. Market size and forecast, by Utility
  - 9.4.7.2.3. Market size and forecast, by Component
  - 9.4.7.2.4. Market size and forecast, by Application
  - 9.4.7.2.5. Market size and forecast, by End-use
  - 9.4.7.3. Japan
  - 9.4.7.3.1. Market size and forecast, by Technology
  - 9.4.7.3.2. Market size and forecast, by Utility
  - 9.4.7.3.3. Market size and forecast, by Component
  - 9.4.7.3.4. Market size and forecast, by Application
  - 9.4.7.3.5. Market size and forecast, by End-use
  - 9.4.7.4. South Korea
  - 9.4.7.4.1. Market size and forecast, by Technology
  - 9.4.7.4.2. Market size and forecast, by Utility
  - 9.4.7.4.3. Market size and forecast, by Component
  - 9.4.7.4.4. Market size and forecast, by Application
  - 9.4.7.4.5. Market size and forecast, by End-use
  - 9.4.7.5. Australia
  - 9.4.7.5.1. Market size and forecast, by Technology
  - 9.4.7.5.2. Market size and forecast, by Utility
  - 9.4.7.5.3. Market size and forecast, by Component
  - 9.4.7.5.4. Market size and forecast, by Application
  - 9.4.7.5.5. Market size and forecast, by End-use
  - 9.4.7.6. Rest of Asia-Pacific
  - 9.4.7.6.1. Market size and forecast, by Technology
  - 9.4.7.6.2. Market size and forecast, by Utility
  - 9.4.7.6.3. Market size and forecast, by Component
  - 9.4.7.6.4. Market size and forecast, by Application
  - 9.4.7.6.5. Market size and forecast, by End-use
9.5. LAMEA
- 9.5.1. Key market trends, growth factors and opportunities
- 9.5.2. Market size and forecast, by Technology
- 9.5.3. Market size and forecast, by Utility
- 9.5.4. Market size and forecast, by Component
- 9.5.5. Market size and forecast, by Application
- 9.5.6. Market size and forecast, by End-use
- 9.5.7. Market size and forecast, by country
  - 9.5.7.1. Brazil
  - 9.5.7.1.1. Market size and forecast, by Technology
  - 9.5.7.1.2. Market size and forecast, by Utility
  - 9.5.7.1.3. Market size and forecast, by Component
  - 9.5.7.1.4. Market size and forecast, by Application
  - 9.5.7.1.5. Market size and forecast, by End-use
  - 9.5.7.2. Saudi Arabia
  - 9.5.7.2.1. Market size and forecast, by Technology
  - 9.5.7.2.2. Market size and forecast, by Utility
  - 9.5.7.2.3. Market size and forecast, by Component
  - 9.5.7.2.4. Market size and forecast, by Application
  - 9.5.7.2.5. Market size and forecast, by End-use
  - 9.5.7.3. South Africa
  - 9.5.7.3.1. Market size and forecast, by Technology
  - 9.5.7.3.2. Market size and forecast, by Utility
  - 9.5.7.3.3. Market size and forecast, by Component
  - 9.5.7.3.4. Market size and forecast, by Application
  - 9.5.7.3.5. Market size and forecast, by End-use
  - 9.5.7.4. Rest of LAMEA
  - 9.5.7.4.1. Market size and forecast, by Technology
  - 9.5.7.4.2. Market size and forecast, by Utility
  - 9.5.7.4.3. Market size and forecast, by Component
  - 9.5.7.4.4. Market size and forecast, by Application
  - 9.5.7.4.5. Market size and forecast, by End-use

CHAPTER 10: COMPETITIVE LANDSCAPE

10.1. Introduction
10.2. Top winning strategies
10.3. Product mapping of top 10 player
10.4. Competitive dashboard
10.5. Competitive heatmap
10.6. Top player positioning, 2023

CHAPTER 11: COMPANY PROFILES

11.1. ABB
- 11.1.1. Company overview
- 11.1.2. Key executives
- 11.1.3. Company snapshot
- 11.1.4. Operating business segments
- 11.1.5. Product portfolio
- 11.1.6. Business performance
11.2. Cisco Systems, Inc.
- 11.2.1. Company overview
- 11.2.2. Key executives
- 11.2.3. Company snapshot
- 11.2.4. Operating business segments
- 11.2.5. Product portfolio
- 11.2.6. Business performance
- 11.2.7. Key strategic moves and developments
11.3. General Electric Company
- 11.3.1. Company overview
- 11.3.2. Key executives
- 11.3.3. Company snapshot
- 11.3.4. Operating business segments
- 11.3.5. Product portfolio
- 11.3.6. Business performance
11.4. Hitachi, Ltd.
- 11.4.1. Company overview
- 11.4.2. Key executives
- 11.4.3. Company snapshot
- 11.4.4. Operating business segments
- 11.4.5. Product portfolio
- 11.4.6. Business performance
11.5. Itron Inc.
- 11.5.1. Company overview
- 11.5.2. Key executives
- 11.5.3. Company snapshot
- 11.5.4. Operating business segments
- 11.5.5. Product portfolio
- 11.5.6. Business performance
11.6. Milsoft Utility Solutions
- 11.6.1. Company overview
- 11.6.2. Key executives
- 11.6.3. Company snapshot
- 11.6.4. Operating business segments
- 11.6.5. Product portfolio
11.7. Motorola Solutions, Inc.
- 11.7.1. Company overview
- 11.7.2. Key executives
- 11.7.3. Company snapshot
- 11.7.4. Operating business segments
- 11.7.5. Product portfolio
- 11.7.6. Business performance
11.8. OMICRON
- 11.8.1. Company overview
- 11.8.2. Key executives
- 11.8.3. Company snapshot
- 11.8.4. Operating business segments
- 11.8.5. Product portfolio
11.9. Schneider Electric
- 11.9.1. Company overview
- 11.9.2. Key executives
- 11.9.3. Company snapshot
- 11.9.4. Operating business segments
- 11.9.5. Product portfolio
- 11.9.6. Business performance
11.10. Rad
- 11.10.1. Company overview
- 11.10.2. Key executives
- 11.10.3. Company snapshot
- 11.10.4. Operating business segments
- 11.10.5. Product portfolio