Utilities Industry Overview
The utilities market is expected to reach over $8,314.78 billion in 2027 at a CAGR of 6.8%!
Digital technologies like smart grids, sensors, and smart meters are enhancing productivity and safety in the power generation, transmission, and distribution industry. These technologies provide accurate and real-time accounts of power usage, resulting in better asset management and higher customer satisfaction. For instance, Whitegate Power Station in Ireland installed 140 sensors to digitize and monitor operations in real time.
Utilities Market Coverage
The utilities market consists of sales of electric power, natural gas, steam supply, water supply, and sewage removal services. The Business Research Company covers 22 markets overall in the utilities market. The market is segmented in the following manner:
- 1. Water And Sewage
- 1.1. Water Supply & Irrigation Systems
- 1.2. Sewage Treatment Facilities
- 1.3. Steam & Air-Conditioning Supply
- 2. Natural Gas Distribution
- 2.1. Industrial And Commercial Natural Gas Distribution
- 2.2. Household Natural Gas Distribution
- 3. Electric Power Generation, Transmission, And Distribution
- 3.1. Electric Power Transmission, Control, And Distribution
- 3.2. Power Generation
- 4. Alternative Sources
- 4.1. Carbon Capture, Utilization, And Storage
How Can We Help?
The Business Research Company`s Utilities Market Research Practice provides intelligence services across different segments of the utilities industry. The solutions provided 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
If you're looking for solutions by service type, we offer the following
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