World economic growth is supporting the growth of the energy and utilities market
The utilities industry is one of the largest and fastest growing industries in the world. The term ‘utilities’ refers to electricity, natural gas, water and sewerage services consumed by the public, hospitals, schools and other institutions, agriculture, factories and commercial establishments. In some countries, these services are provided commercially by national, state or municipal governments or by cooperatives. In many, however, they are provided by the private sector. The Business Research Company expects the utilities market to grow to $5.35 trillion by 2023.
Utilities Market Coverage
The utilities market consists of sales of electric power, natural gas, steam supply, water supply, and sewage removal services by entities (organizations, sole traders and partnerships) that provide electric power, natural gas, steam supply, water supply, and sewage removal services. The market excludes waste management and remediation services which collect, treat, and dispose of waste materials; but do not use sewer systems or sewage treatment facilities.
The Business Research Company covers 27 markets overall in the utilities market providing global market numbers, market growth, market-specific drivers and restraints, trends, and other market specific information. The utilities market is segmented in the following manner:
- 1.Water and Sewage
The water and sewage market consists of sales of water supply and sewage removal services by entities (organizations, sole traders and partnerships) that operate water treatment plants and/or water supply systems and sewer systems or sewage treatment facilities; or provide steam, heated air, or cooled air.
- 1.1.Water Supply & Irrigation Systems
- 1.2.Sewage Treatment Facilities
- 1.3.Steam & Air-Conditioning Supply
- 2.Natural Gas Distribution
The natural gas distribution market consists of sales of natural gas by entities (organizations, sole traders and partnerships) that operate gas distribution systems (e.g., mains, meters) including gas marketers that buy gas from the well and sell it to a distribution system, gas brokers or agents that arrange the sale of gas over gas distribution systems operated by others and establishments that transmit and distribute gas to final consumers.
- 2.1.Industrial and Commercial Natural Gas Distribution
- 2.2.Household Natural Gas Distribution
- 3.Generation, Transmission, and Distribution
The electric power generation, transmission, and distribution market consists of sales of electric power by entities (organizations, sole traders and partnerships) that generate, transmit, and/or distribute electric power. Establishments in this market may perform one or more of the following activities: (1) operate generation facilities that produce electric energy; (2) operate transmission systems that convey the electricity from the generation facility to the distribution system; or (3) operate distribution systems that convey electric power received from the generation facility or the transmission system to the final consumer.
- 3.1.Electric Power Transmission, Control, and Distribution
- 3.2.Electricity Generation
How Can We Help?
The Business Research Company`s Utilities Market Research Practice provides marketing, planning and strategy departments with a wider range of market, business, customer and competitor intelligence services across different segments of the utilities industry. The utilities market research services and solutions The Business Research Company provides are as follows —
- Utilities Market Sizing, Forecast and Trend Analysis
- Utilities Market Competitor Analysis
- Utilities Market Supply Chain Analysis
- Utilities Market Customer Research
- Utilities Market Partner or Distribution Research
- Utilities Market Entry Strategy Research Study
- Utilities Industry Analysis and Profiling
- Utilities Market Regulations