Utility communication is a system which
facilitates smart grid to be digitalized for two-way communication. The main
objective of utility communication is to update the electricity infrastructure
and make it more advanced by integrating advanced communication technologies.
The two-way communication is facilitated with the help of various wired as well
as wireless communication technologies such as RF mesh, power line carrier
(PLC), and optic fiber, among others. There are elements attached to utility
communication which are an integral part of any utility communication system.
The major driving factor for utility communication market is the need to support
capacity demands for smart grid and smart utility projects.
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Industry
Segmentation
Global Utility Communication Market has been segmented
based on technology, utility type, and region.
Based on technology, the market is classified into
Type (Wireless (RF Mesh, Mobile Network), and Wired (Power Line Carrier, Optic
Fiber, Ethernet). Wired technology segment is leading the market, whereas
wireless technology is expected to witness the highest growth rate as this
technology enables distribution automation improvement for the smart grid.
Moreover, the usability and ease of installation that come with wireless
technology brings many different options to employ communications needs.
Based on utility type, the utility communication
market is segmented into public utility and private utility. The public utility
segment is estimated to dominate the market during the forecast period due to a
smaller number of private utilities as compared to public utilities. Especially
in the developing countries, the electricity supply is managed by public and
private utility. Although, the share of public utility is more but private
utilities are more likely to grow in the coming years.
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Regional
Outlook
Region wise, Asia Pacific held the largest market
share of the global utility communication market in 2017. Due to technological
advancements in several industries in countries such as China, India, and
Japan, among others will drive the market for utility communication system.
Key
Players
The key players of global Utility Communication Market
are Power System Engineering, Inc, Open Systems International, ZTE Corporation,
Valiant Communications, Texas Instruments, Inc., Cisco Systems, Trilliant, Inc,
Digi International, Inc., Rad Data Communications, Ltd., Black & Veatch
Holding Company, Landis+GYR, Fujitsu, Ericsson, Motorola Solutions, Inc,
Siemens AG, General Electric, Schneider Electric, and ABB, Ltd., among others.
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