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.
Segmental Overview
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.
Leading 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)
Regional Outlook
Region wise,
Asia-Pacific held the largest market share of the global utility communication
market in 2017. It is estimated that Asia-Pacific would be the fastest growing
market during the forecast period, mainly due to the increasing power
generation capacities, growing manufacturing activities, and urbanization.
Europe is expected to be the second largest market during the forecast period
due to new technological developments in utility communication network which
are the primary driving factors leading the utility communication market in
Europe. According to the European Commission, USD 22.42 billion has been funded
by the European Regional Development Fund (ERDF) and Cohesion Fund for ICT
investments during the period, 2014–2020, with an anticipated additional
investment of up to USD 280.13 billion for the period 2014–2020. Increasing
investment in ICT would increase the demand for products under utility
communication. Therefore, rising investment and moving trend towards
digitalization would drive the utility communication market in Europe.
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