Utility Asset Management Market to Witness Massive Growth by 2028 | IBM, Emerson, ABS Group, ABB

The Latest research study released by HTF MI "Global Utility Asset Management Market" with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this Research are IBM (United States), General Electric Company (United States), S&C Electric Company (United States), Emerson (United States), ABS Group (United States), Aclara Technologies LLC (United States), ABB (Switzerland), CNIguard (United Kingdom), VertexOne (United States), Baker Hughes Company (United States), Comparesoft (United Kingdom), Innovapptive (United States), GETAC (Taiwan), etc.

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Utility asset management is the system that helps in the classification of information like financials, maintenance, data-driven standpoint, and other operations related to the utility industry. The use of system and software automates the asset management delivering required service, various utilities use asset management for achieving sustainable infrastructure along with operational efficiency. With the digitalization in utility asset management, a predictive maintenance programme can be applied for minimising the downtime and mainly disruption caused to the consumer.

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Finally, all parts of the Global Utility Asset Management market are also quantitatively evaluated in order to think about the global market alike. This market study contains fundamental data and true figures about the market, which contains a deep analysis of this market based on market trends, market drivers, restrictions and its future prospects. The report delivers the global money request with the help of Porters five forces and SWOT analysis.

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Customization of the Report: The report can be customized as per your needs for added data up to 3 businesses or countries.

On the basis of report- titled segments and sub-segment of the market are highlighted below:
Global Utility Asset Management Market Study by Type (Hardware, Software), Application (Transformer, Sub-Station, Transmission & Distribution Lines, Others), Technology (Internet of Things, Big Data, Predictive Analytics, Others), Asset (Buildings, Tools, Equipment, Operators, Pipes, Machinery, Others)

Market Drivers
• Growing Utilities Industry Globally
• Demand for the Digital Solution in Utility Asset Management to Implement the Predictive Maintenance Plan and Provide Effective Usage Monitoring

Market Trend
• The Expansion in Smart Grid and Clean Power Plan Programmes
• The popularity of Integration of Utility Asset Management in Water and Wastewater Industry

Opportunities
• Rising Regulatory and Environment Pressures will Boost the Utility Asset Management
• Research and Development in Predictive Maintenance Activities used in Utility Asset Management

Challenges
• Technical Problems Involved in the Utility Asset Management

"On 18th February 2021, Baker Hughes has announced it is acquiring ARMS Reliability, a leading global provider of reliability solutions to some of the world’s largest industrial companies across a wide range of industries including mining, oil and gas, power, manufacturing, and utilities. The acquisition deepens Baker Hughes’ industrial asset performance management (APM) capabilities and will expand the company’s industrial asset management offerings."

"On 6th May 2020, VertexOne, a leading provider of enhanced SaaS solutions to the utility industry, announced it has completed the acquisition of WaterSmart Software, a pioneer in the use of behavioral customer engagement and analytics to drive conservation in the water utility industry, with functionality that is directly applicable to both the electric and gas markets as well."

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Global Utility Asset Management Market by Key Players: IBM (United States), General Electric Company (United States), S&C Electric Company (United States), Emerson (United States), ABS Group (United States), Aclara Technologies LLC (United States), ABB (Switzerland), CNIguard (United Kingdom), VertexOne (United States), Baker Hughes Company (United States), Comparesoft (United Kingdom), Innovapptive (United States), GETAC (Taiwan)

Geographically, this report is segmented into some key Regions, with manufacture, depletion, revenue (million USD), and market share and growth rate of Utility Asset Management in these regions, from 2018 to 2028 (forecast), covering China, USA, Europe, Japan, Korea, India, Southeast Asia & South America and its Share (%) and CAGR for the forecasted period 2023 to 2028

Some of the important question for stakeholders and business professional for expanding their position in the Global Utility Asset Management Market:
Q 1. Which Region offers the most rewarding open doors for the market Ahead of 2022?
Q 2. What are the business threats and Impact of latest scenario Over the market Growth and Estimation?
Q 3. What are probably the most encouraging, high-development scenarios for Utility Asset Management movement showcase by applications, types and regions?
Q 4.What segments grab most noteworthy attention in Utility Asset Management Market in 2021 and beyond?
Q 5. Who are the significant players confronting and developing in Utility Asset Management Market?

For More Information Read Table of Content @: https://www.htfmarketreport.com/reports/3684379-global-utility-asset-management-market-8

Key poles of the TOC:
Chapter 1 Global Utility Asset Management Market Business Overview
Chapter 2 Major Breakdown by Type
Chapter 3 Major Application Wise Breakdown (Revenue & Volume)
Chapter 4 Manufacture Market Breakdown
Chapter 5 Sales & Estimates Market Study
Chapter 6 Key Manufacturers Production and Sales Market Comparison Breakdown
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Chapter 8 Manufacturers, Deals and Closings Market Evaluation & Aggressiveness
Chapter 9 Key Companies Breakdown by Overall Market Size & Revenue by Type
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Chapter 11 Business / Industry Chain (Value & Supply Chain Analysis)
Chapter 12 Conclusions & Appendix

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, LATAM, Europe or Southeast Asia.

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 (434) 322-0091
sales@htfmarketreport.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

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