Utility Asset Management Market, Global Outlook and Forecast 2023-2029

The demand of Utility Asset Management is increasing,this growth is attributed to increasing investments in grid modernization, requirement for energy efficiency, increasing grid complexity, and necessity to reduce losses in T&D lines.
This report aims to provide a comprehensive presentation of the global market for Utility Asset Management, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Utility Asset Management. This report contains market size and forecasts of Utility Asset Management in global, including the following market information:
Global Utility Asset Management Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Utility Asset Management market was valued at US$ 2576 million in 2022 and is projected to reach US$ 3955 million by 2029, at a CAGR of 6.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Hardware Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Utility Asset Management include ABB, Siemens, General Electric, S&C, Sentient Energy, Aclara, Emerson, Enetics and Lindsey Manufacturing, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Utility Asset Management companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Utility Asset Management Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Utility Asset Management Market Segment Percentages, by Type, 2022 (%)
    Hardware
    Software
Global Utility Asset Management Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Utility Asset Management Market Segment Percentages, by Application, 2022 (%)
    Transformer
    Sub-Station
    Transmission & Distribution Lines
    Others
Global Utility Asset Management Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Utility Asset Management Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Utility Asset Management revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Utility Asset Management revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    ABB
    Siemens
    General Electric
    S&C
    Sentient Energy
    Aclara
    Emerson
    Enetics
    Lindsey Manufacturing
    Netcontrol
    Cniguard
    Vaisala
Outline of Major Chapters:
Chapter 1: Introduces the definition of Utility Asset Management, market overview.
Chapter 2: Global Utility Asset Management market size in revenue.
Chapter 3: Detailed analysis of Utility Asset Management company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Utility Asset Management in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.