The North America Utility Communication Market would witness market growth of 5.2% CAGR during the forecast period (2022-2028).
The exponential growth of utility communication networks has been fueled by the expansion of distributed resources and renewable energy sources. During the projection period, utility communication is expected to be adopted more widely in smart city projects worldwide along with the production of renewable resources.
In order to upgrade their matrices, utilities are investing in complicated frameworks and two-way correspondences. Modern systems require a communications network that is reliable, powerful, and extraordinarily accessible in order to handle expanding complexity. Utility companies modernise their network by integrating sophisticated devices into their power delivery systems.
The executives and control programmes are run at server farms and utility substations, necessitating two-way communication in order to efficiently manage all network resources. A principles-based communication organization makes it possible for new applications such as automated metering infrastructure (AMI), distribution mechanization, linking of circulated energy resources, blackout managers, scheduled load shedding, and request reaction programs.
The Energy Policy Act of 1992 (codified as 42 USC Section 8256 (c) Utility Incentive Programs) enables and encourages agencies to engage in widely available utility programs to promote energy efficiency, preserve water, or regulate electricity consumption. The General Services Administration (GSA) makes long-term (10-year) government-wide contracts with controlled public utility firms across the United States to facilitate the ordering and management of utility services.
The US market dominated the North America Utility Communication Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,599.3 million by 2028. The Canada market is poised to grow at a CAGR of 7.6% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.7% during (2022 - 2028).
Based on Component, the market is segmented into Hardware and Software. Based on Utility Type, the market is segmented into Public and Private. Based on Application, the market is segmented into Transmission & Distribution, Oil & Gas Utilities and Others. Based on Technology, the market is segmented into Wired and Wireless. Based on End-user, the market is segmented into Residential, Commercial and Industrial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Utility Communication Market is Predict to reach $27.5 Billion by 2028, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fujitsu Limited, Schneider Electric SE, General Electric (GE) Co., Siemens AG, Motorola Solutions, Inc., Xylem, Inc. (Sensus), Itron, Inc., Trilliant Holding Inc., Digi International Inc., and Nokia Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Utility Type
By Application
- Transmission & Distribution
- Oil & Gas Utilities
- Others
By Technology
By End-user
- Residential
- Commercial
- Industrial
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Fujitsu Limited
- Schneider Electric SE
- General Electric (GE) Co.
- Siemens AG
- Motorola Solutions, Inc.
- Xylem, Inc. (Sensus)
- Itron, Inc.
- Trilliant Holding Inc.
- Digi International Inc.
- Nokia Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Utility Communication Market, by Component
1.4.2 North America Utility Communication Market, by Utility Type
1.4.3 North America Utility Communication Market, by Application
1.4.4 North America Utility Communication Market, by Technology
1.4.5 North America Utility Communication Market, by End-user
1.4.6 North America Utility Communication 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 and Scenario
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 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Acquisitions and Mergers : 2018, Jan – 2022, Jun) Leading Players
3.3.3 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2018, Sep – 2022, Jun) Leading Players
Chapter 4. North America Utility Communication Market by Component
4.1 North America Hardware Market by Country
4.2 North America Software Market by Country
Chapter 5. North America Utility Communication Market by Utility Type
5.1 North America Public Market by Country
5.2 North America Private Market by Country
Chapter 6. North America Utility Communication Market by Application
6.1 North America Transmission & Distribution Market by Country
6.2 North America Oil & Gas Utilities Market by Country
6.3 North America Others Market by Country
Chapter 7. North America Utility Communication Market by Technology
7.1 North America Wired Market by Country
7.2 North America Wireless Market by Country
Chapter 8. North America Utility Communication Market by End-user
8.1 North America Residential Market by Country
8.2 North America Commercial Market by Country
8.3 North America Industrial Market by Country
Chapter 9. North America Utility Communication Market by Country
9.1 US Utility Communication Market
9.1.1 US Utility Communication Market by Component
9.1.2 US Utility Communication Market by Utility Type
9.1.3 US Utility Communication Market by Application
9.1.4 US Utility Communication Market by Technology
9.1.5 US Utility Communication Market by End-user
9.2 Canada Utility Communication Market
9.2.1 Canada Utility Communication Market by Component
9.2.2 Canada Utility Communication Market by Utility Type
9.2.3 Canada Utility Communication Market by Application
9.2.4 Canada Utility Communication Market by Technology
9.2.5 Canada Utility Communication Market by End-user
9.3 Mexico Utility Communication Market
9.3.1 Mexico Utility Communication Market by Component
9.3.2 Mexico Utility Communication Market by Utility Type
9.3.3 Mexico Utility Communication Market by Application
9.3.4 Mexico Utility Communication Market by Technology
9.3.5 Mexico Utility Communication Market by End-user
9.4 Rest of North America Utility Communication Market
9.4.1 Rest of North America Utility Communication Market by Component
9.4.2 Rest of North America Utility Communication Market by Utility Type
9.4.3 Rest of North America Utility Communication Market by Application
9.4.4 Rest of North America Utility Communication Market by Technology
9.4.5 Rest of North America Utility Communication Market by End-user
Chapter 10. Company Profiles
10.1 Fujitsu Limited
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Recent strategies and developments:
10.1.4.1 Partnerships, Collaborations, and Agreements:
10.1.5 SWOT Analysis
10.2 Schneider Electric SE
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.2.5.2 Acquisition and Mergers:
10.2.6 SWOT Analysis
10.3 General Electric Company
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.3.5.3 Acquisition and Mergers:
10.3.6 SWOT Analysis
10.4 Siemens AG
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 Recent strategies and developments:
10.4.5.1 Partnerships, Collaborations, and Agreements:
10.4.5.2 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Motorola Solutions, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional & Segmental Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Acquisition and Mergers:
10.6 Xylem, Inc. (Sensus)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.7 Itron, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.8 Digi International, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Regional and Segmental Analysis
10.8.4 Research & Development Expense
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.5.2 Acquisition and Mergers:
10.9 Nokia Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.9.5 Recent strategies and developments:
10.9.5.1 Partnerships, Collaborations, and Agreements:
10.9.5.2 Product Launches and Product Expansions:
10.10. Trilliant Holdings, Inc.
10.10.1 Company Overview
TABLE 1 North America Utility Communication Market, 2018 - 2021, USD Million
TABLE 2 North America Utility Communication Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Utility Communications Market
TABLE 4 Product Launches And Product Expansions– Utility Communications Market
TABLE 5 Acquisition and Mergers– Utility Communications Market
TABLE 6 North America Utility Communication Market by Component, 2018 - 2021, USD Million
TABLE 7 North America Utility Communication Market by Component, 2022 - 2028, USD Million
TABLE 8 North America Hardware Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Hardware Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Utility Communication Market by Utility Type, 2018 - 2021, USD Million
TABLE 13 North America Utility Communication Market by Utility Type, 2022 - 2028, USD Million
TABLE 14 North America Public Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Public Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Private Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Private Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Utility Communication Market by Application, 2018 - 2021, USD Million
TABLE 19 North America Utility Communication Market by Application, 2022 - 2028, USD Million
TABLE 20 North America Transmission & Distribution Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Transmission & Distribution Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Oil & Gas Utilities Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Oil & Gas Utilities Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Utility Communication Market by Technology, 2018 - 2021, USD Million
TABLE 27 North America Utility Communication Market by Technology, 2022 - 2028, USD Million
TABLE 28 North America Wired Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Wired Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Wireless Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Wireless Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Utility Communication Market by End-user, 2018 - 2021, USD Million
TABLE 33 North America Utility Communication Market by End-user, 2022 - 2028, USD Million
TABLE 34 North America Residential Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Residential Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Commercial Market by Country, 2018 - 2021, USD Million
TABLE 37 North America Commercial Market by Country, 2022 - 2028, USD Million
TABLE 38 North America Industrial Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Industrial Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Utility Communication Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Utility Communication Market by Country, 2022 - 2028, USD Million
TABLE 42 US Utility Communication Market, 2018 - 2021, USD Million
TABLE 43 US Utility Communication Market, 2022 - 2028, USD Million
TABLE 44 US Utility Communication Market by Component, 2018 - 2021, USD Million
TABLE 45 US Utility Communication Market by Component, 2022 - 2028, USD Million
TABLE 46 US Utility Communication Market by Utility Type, 2018 - 2021, USD Million
TABLE 47 US Utility Communication Market by Utility Type, 2022 - 2028, USD Million
TABLE 48 US Utility Communication Market by Application, 2018 - 2021, USD Million
TABLE 49 US Utility Communication Market by Application, 2022 - 2028, USD Million
TABLE 50 US Utility Communication Market by Technology, 2018 - 2021, USD Million
TABLE 51 US Utility Communication Market by Technology, 2022 - 2028, USD Million
TABLE 52 US Utility Communication Market by End-user, 2018 - 2021, USD Million
TABLE 53 US Utility Communication Market by End-user, 2022 - 2028, USD Million
TABLE 54 Canada Utility Communication Market, 2018 - 2021, USD Million
TABLE 55 Canada Utility Communication Market, 2022 - 2028, USD Million
TABLE 56 Canada Utility Communication Market by Component, 2018 - 2021, USD Million
TABLE 57 Canada Utility Communication Market by Component, 2022 - 2028, USD Million
TABLE 58 Canada Utility Communication Market by Utility Type, 2018 - 2021, USD Million
TABLE 59 Canada Utility Communication Market by Utility Type, 2022 - 2028, USD Million
TABLE 60 Canada Utility Communication Market by Application, 2018 - 2021, USD Million
TABLE 61 Canada Utility Communication Market by Application, 2022 - 2028, USD Million
TABLE 62 Canada Utility Communication Market by Technology, 2018 - 2021, USD Million
TABLE 63 Canada Utility Communication Market by Technology, 2022 - 2028, USD Million
TABLE 64 Canada Utility Communication Market by End-user, 2018 - 2021, USD Million
TABLE 65 Canada Utility Communication Market by End-user, 2022 - 2028, USD Million
TABLE 66 Mexico Utility Communication Market, 2018 - 2021, USD Million
TABLE 67 Mexico Utility Communication Market, 2022 - 2028, USD Million
TABLE 68 Mexico Utility Communication Market by Component, 2018 - 2021, USD Million
TABLE 69 Mexico Utility Communication Market by Component, 2022 - 2028, USD Million
TABLE 70 Mexico Utility Communication Market by Utility Type, 2018 - 2021, USD Million
TABLE 71 Mexico Utility Communication Market by Utility Type, 2022 - 2028, USD Million
TABLE 72 Mexico Utility Communication Market by Application, 2018 - 2021, USD Million
TABLE 73 Mexico Utility Communication Market by Application, 2022 - 2028, USD Million
TABLE 74 Mexico Utility Communication Market by Technology, 2018 - 2021, USD Million
TABLE 75 Mexico Utility Communication Market by Technology, 2022 - 2028, USD Million
TABLE 76 Mexico Utility Communication Market by End-user, 2018 - 2021, USD Million
TABLE 77 Mexico Utility Communication Market by End-user, 2022 - 2028, USD Million
TABLE 78 Rest of North America Utility Communication Market, 2018 - 2021, USD Million
TABLE 79 Rest of North America Utility Communication Market, 2022 - 2028, USD Million
TABLE 80 Rest of North America Utility Communication Market by Component, 2018 - 2021, USD Million
TABLE 81 Rest of North America Utility Communication Market by Component, 2022 - 2028, USD Million
TABLE 82 Rest of North America Utility Communication Market by Utility Type, 2018 - 2021, USD Million
TABLE 83 Rest of North America Utility Communication Market by Utility Type, 2022 - 2028, USD Million
TABLE 84 Rest of North America Utility Communication Market by Application, 2018 - 2021, USD Million
TABLE 85 Rest of North America Utility Communication Market by Application, 2022 - 2028, USD Million
TABLE 86 Rest of North America Utility Communication Market by Technology, 2018 - 2021, USD Million
TABLE 87 Rest of North America Utility Communication Market by Technology, 2022 - 2028, USD Million
TABLE 88 Rest of North America Utility Communication Market by End-user, 2018 - 2021, USD Million
TABLE 89 Rest of North America Utility Communication Market by End-user, 2022 - 2028, USD Million
TABLE 90 Key Information – Fujitsu Limited
TABLE 91 Key information – Schneider Electric SE
TABLE 92 KEY INFORMATION – GENERAL ELECTRIC Company
TABLE 93 Key Information – Siemens AG
TABLE 94 Key Information – Motorola Solutions, Inc.
TABLE 95 key information – Xylem, Inc.
TABLE 96 Key Information – Itron, Inc.
TABLE 97 Key Information – Digi International, inc.
TABLE 98 Key Information – Nokia Corporation
TABLE 99 Key information – Trilliant Holdings, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Acquisitions and Mergers : 2018, Jan – 2022, Jun) Leading Players
FIG 5 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2018, Sep – 2022, Jun) Leading Players
FIG 6 SWOT Analysis: Fujitsu Limited
FIG 7 Recent strategies and developments: Schneider Electric SE
FIG 8 Swot analysis: Schneider Electric SE
FIG 9 Recent strategies and developments: GENERAL ELECTRIC COMPANY
FIG 10 Swot analysis: General electric (GE) Co.
FIG 11 Swot analysis: Siemens AG
FIG 12 Recent strategies and developments: Digi International, Inc.