The global
utility communication market is segmented on the basis of wired communication
type that includes power line barrier, optic fibre and Ethernet technologies.
Furthermore, wireless communication type also forms a type of utility
communication with RF mesh technology and mobile networks. The market is
further classified based on the utility type as power generation and
transmission, natural gas, water and sewage plants and oilfield communications.
The global increase in the investment of smart grids, modification in billing
practices and strict regulatory norms are driving the market for utility
communications. It is necessary for the communication systems to work under
even the worst conditions. As the number of smart grids around the world
increases, there is need for more advanced power system control
applications.
Market Highlights
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.
Prominent Players
We
recognize the key players in the global utility communications market as 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)
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Industry Segmentation
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.
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