PUBLISHER: MarketLine | PRODUCT CODE: 1554047
PUBLISHER: MarketLine | PRODUCT CODE: 1554047
Global Utilities industry profile provides top-line qualitative and quantitative summary information including: industry size (value , and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.
The utilities industry is categorized into three main segments: gas utilities, water utilities, and electricity retailing.
Gas utilities refer to the total consumption of natural gas by end-users, excluding any distribution or transmission losses. The end-user industries include industrial, transport, residential, and commercial & public services.
The water utilities segment consists of all water that is collected, treated, and distributed to agricultural, industrial, and residential end-users.
The electricity retailing segment includes the consumption of electricity by end-users, categorized by industrial, transportation, commercial & public services, and residential. The scope of others includes agriculture, forestry, and the fishing industry's net electricity consumption.
All market data and forecasts are adjusted for inflation and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates.
The global utilities industry recorded revenues of $7,119.9 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.7% between 2018 and 2023.
The electricity retailing segment accounted for the industry's largest proportion in 2023, with total revenues of $2,816.1 billion, equivalent to 39.6% of the industry's overall value.
In 2023, the global utilities industry recorded an annual contraction of 0.04% due to the decline in energy price inflation in various countries.