Europe Utilities Asset Management Market Size, Share & Industry Trends Analysis Report By Component, By Utility Type, By Application (Transmission & Distribution Lines, Sub-station, and Others), By Country and Growth Forecast, 2022 - 2028

The Europe Utilities Asset Management Market would witness market growth of 10.4% CAGR during the forecast period (2022-2028).

Using effective predictive maintenance solutions, utilities can make more informed judgments regarding when and where maintenance should be conducted, resulting in lower maintenance costs and improved planning. In addition, with the introduction of modern computational tools and smart meters, utilities acquire a vast quantity of data that may be utilized to enhance the operation of commissioned assets and maintenance plans.

Similarities exist between utilizing condition monitoring data for reliability estimation and problem diagnostics. The severity of a malfunction is crucial for diagnosis since it provides insight into the asset's remaining useful life. Identifying the degree of defects is comparable to estimating asset dependability. The purpose of this sort of research is to train mathematical failure models for subsequent use in more extensive investigations, such as reliability and maintenance optimization.

Each data mining approach serves a unique function and has its pros and downsides. When the majority of utilities attempt to implement condition-based preventive maintenance, it is evident that they are transitioning towards data-centric asset management. Condition-based asset health maintenance lends itself to vast amounts of data.

Several pipelines and seaports allow Germany to import petroleum and other liquids. The two largest pipelines are the Druzhba pipeline from Russia to Poland and Belarus, and the Trans-Alpine pipeline from Trieste, Italy to the Adriatic Sea. Wilhelmshaven, the main deep-water port in Germany, handles the majority of the country's foreign oil commerce. The German government adopted the Climate Action Program 2030 on October 9, 2019, to provide tax breaks and incentives for energy-efficient building renovations, higher subsidies for electric vehicles (EVs), and increase the adoption of the utilities asset management market.

The Germany market dominated the Europe Utilities Asset Management Market by Country in 2021; thereby, achieving a market value of $545.5 million by 2028. The UK market is exhibiting a CAGR of 9.5% during (2022 - 2028). Additionally, The France market would experience a CAGR of 11.2% during (2022 - 2028).

Based on Component, the market is segmented into Hardware (Sensors, Cameras, and Others), Software, and Services. Based on Utility Type, the market is segmented into Public Utilities and Private Utilities. Based on Application, the market is segmented into Transmission & Distribution Lines, Sub-station, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Utilities Asset Management Market will Hit $8.4 Billion by 2028, at a CAGR of 11.1%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co., ABB Group, Siemens AG, Eaton Corporation, IBM Corporation, Schneider Electric SE, Fujitsu Limited, IFS AB, Getac Technology Corporation and S&C Electric Company.

Scope of the Study

Market Segments Covered in the Report:

By Component

• Hardware
  • Sensors
  • Cameras
  • Others
• Software
• Services

By Utility Type

• Public Utilities
• Private Utilities

By Application

• Transmission & Distribution Lines
• Sub-station
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• General Electric (GE) Co.
• ABB Group
• Siemens AG
• Eaton Corporation
• IBM Corporation
• Schneider Electric SE
• Fujitsu Limited
• IFS AB
• Getac Technology Corporation
• S&C Electric Company

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Utilities Asset Management Market, by Component
1.4.2 Europe Utilities Asset Management Market, by Utility Type
1.4.3 Europe Utilities Asset Management Market, by Application
1.4.4 Europe Utilities Asset Management Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisitions and Mergers : 2020, Nov – 2022, Aug) Leading Players

Chapter 4. Europe Utilities Asset Management Market by Component
4.1 Europe Hardware Market by Country
4.2 Europe Utilities Asset Management Market by Hardware Type
4.2.1 Europe Sensors Market by Country
4.2.2 Europe Cameras Market by Country
4.2.3 Europe Others Market by Country
4.3 Europe Software Market by Country
4.4 Europe Services Market by Country

Chapter 5. Europe Utilities Asset Management Market by Utility Type
5.1 Europe Public Utilities Market by Country
5.2 Europe Private Utilities Market by Country

Chapter 6. Europe Utilities Asset Management Market by Application
6.1 Europe Transmission & Distribution Lines Market by Country
6.2 Europe Sub-station Market by Country
6.3 Europe Others Market by Country

Chapter 7. Europe Utilities Asset Management Market by Country
7.1 Germany Utilities Asset Management Market
7.1.1 Germany Utilities Asset Management Market by Component
7.1.1.1 Germany Utilities Asset Management Market by Hardware Type
7.1.2 Germany Utilities Asset Management Market by Utility Type
7.1.3 Germany Utilities Asset Management Market by Application
7.2 UK Utilities Asset Management Market
7.2.1 UK Utilities Asset Management Market by Component
7.2.1.1 UK Utilities Asset Management Market by Hardware Type
7.2.2 UK Utilities Asset Management Market by Utility Type
7.2.3 UK Utilities Asset Management Market by Application
7.3 France Utilities Asset Management Market
7.3.1 France Utilities Asset Management Market by Component
7.3.1.1 France Utilities Asset Management Market by Hardware Type
7.3.2 France Utilities Asset Management Market by Utility Type
7.3.3 France Utilities Asset Management Market by Application
7.4 Russia Utilities Asset Management Market
7.4.1 Russia Utilities Asset Management Market by Component
7.4.1.1 Russia Utilities Asset Management Market by Hardware Type
7.4.2 Russia Utilities Asset Management Market by Utility Type
7.4.3 Russia Utilities Asset Management Market by Application
7.5 Spain Utilities Asset Management Market
7.5.1 Spain Utilities Asset Management Market by Component
7.5.1.1 Spain Utilities Asset Management Market by Hardware Type
7.5.2 Spain Utilities Asset Management Market by Utility Type
7.5.3 Spain Utilities Asset Management Market by Application
7.6 Italy Utilities Asset Management Market
7.6.1 Italy Utilities Asset Management Market by Component
7.6.1.1 Italy Utilities Asset Management Market by Hardware Type
7.6.2 Italy Utilities Asset Management Market by Utility Type
7.6.3 Italy Utilities Asset Management Market by Application
7.7 Rest of Europe Utilities Asset Management Market
7.7.1 Rest of Europe Utilities Asset Management Market by Component
7.7.1.1 Rest of Europe Utilities Asset Management Market by Hardware Type
7.7.2 Rest of Europe Utilities Asset Management Market by Utility Type
7.7.3 Rest of Europe Utilities Asset Management Market by Application

Chapter 8. Company Profiles
8.1 ABB Group
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 General Electric (GE) Co.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Schneider Electric SE
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Siemens AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Eaton Corporation PLC
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.6 IBM Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.7 Fujitsu Limited
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental Analysis
8.7.4 SWOT Analysis
8.8 S&C Electric Company
8.8.1 Company Overview
8.9 IFS AB
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Acquisition and Mergers:
8.10. Getac Technology Corporation
8.10.1 Company Overview

TABLE 1 Europe Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 2 Europe Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Utilities Asset Management Market
TABLE 4 Product Launches And Product Expansions – Utilities Asset Management Market
TABLE 5 Acquisition and Mergers – Utilities Asset Management Market
TABLE 6 Europe Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 7 Europe Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 8 Europe Hardware Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe Hardware Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 11 Europe Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 12 Europe Sensors Market by Country, 2018 - 2021, USD Million
TABLE 13 Europe Sensors Market by Country, 2022 - 2028, USD Million
TABLE 14 Europe Cameras Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe Cameras Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe Software Market by Country, 2018 - 2021, USD Million
TABLE 19 Europe Software Market by Country, 2022 - 2028, USD Million
TABLE 20 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 23 Europe Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 24 Europe Public Utilities Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Public Utilities Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe Private Utilities Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe Private Utilities Market by Country, 2022 - 2028, USD Million
TABLE 28 Europe Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 29 Europe Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 30 Europe Transmission & Distribution Lines Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe Transmission & Distribution Lines Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe Sub-station Market by Country, 2018 - 2021, USD Million
TABLE 33 Europe Sub-station Market by Country, 2022 - 2028, USD Million
TABLE 34 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 35 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 36 Europe Utilities Asset Management Market by Country, 2018 - 2021, USD Million
TABLE 37 Europe Utilities Asset Management Market by Country, 2022 - 2028, USD Million
TABLE 38 Germany Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 39 Germany Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 40 Germany Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 41 Germany Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 42 Germany Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 43 Germany Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 44 Germany Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 45 Germany Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 46 Germany Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 47 Germany Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 48 UK Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 49 UK Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 50 UK Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 51 UK Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 52 UK Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 53 UK Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 54 UK Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 55 UK Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 56 UK Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 57 UK Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 58 France Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 59 France Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 60 France Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 61 France Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 62 France Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 63 France Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 64 France Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 65 France Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 66 France Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 67 France Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 68 Russia Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 69 Russia Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 70 Russia Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 71 Russia Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 72 Russia Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 73 Russia Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 74 Russia Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 75 Russia Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 76 Russia Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 77 Russia Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 78 Spain Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 79 Spain Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 80 Spain Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 81 Spain Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 82 Spain Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 83 Spain Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 84 Spain Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 85 Spain Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 86 Spain Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 87 Spain Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 88 Italy Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 89 Italy Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 90 Italy Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 91 Italy Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 92 Italy Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 93 Italy Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 94 Italy Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 95 Italy Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 96 Italy Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 97 Italy Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 98 Rest of Europe Utilities Asset Management Market, 2018 - 2021, USD Million
TABLE 99 Rest of Europe Utilities Asset Management Market, 2022 - 2028, USD Million
TABLE 100 Rest of Europe Utilities Asset Management Market by Component, 2018 - 2021, USD Million
TABLE 101 Rest of Europe Utilities Asset Management Market by Component, 2022 - 2028, USD Million
TABLE 102 Rest of Europe Utilities Asset Management Market by Hardware Type, 2018 - 2021, USD Million
TABLE 103 Rest of Europe Utilities Asset Management Market by Hardware Type, 2022 - 2028, USD Million
TABLE 104 Rest of Europe Utilities Asset Management Market by Utility Type, 2018 - 2021, USD Million
TABLE 105 Rest of Europe Utilities Asset Management Market by Utility Type, 2022 - 2028, USD Million
TABLE 106 Rest of Europe Utilities Asset Management Market by Application, 2018 - 2021, USD Million
TABLE 107 Rest of Europe Utilities Asset Management Market by Application, 2022 - 2028, USD Million
TABLE 108 Key Information – ABB Group
TABLE 109 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 110 Key information – Schneider Electric SE
TABLE 111 Key Information – Siemens AG
TABLE 112 key information – Eaton Corporation PLC
TABLE 113 Key information – IBM Corporation
TABLE 114 Key Information – Fujitsu Limited
TABLE 115 Key information – S&C Electric Company
TABLE 116 Key Information – IFS AB
TABLE 117 Key Information – Getac Technology Corporation

List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Key Strategic Move: (Acquisitions and Mergers : 2020, Nov – 2022, Aug) Leading Players
FIG 6 SWOT Analysis: ABB Group
FIG 7 Recent strategies and developments: General Electric (GE) Co.
FIG 8 Swot analysis: General electric (GE) Co.
FIG 9 Swot analysis: Schneider Electric SE
FIG 10 Swot analysis: Siemens AG
FIG 11 SWOT Analysis: Fujitsu Limited