Press release
Utility Asset Management Market to Reach USD 7.34 Billion by 2030, Growing at a 9.95% CAGR
Curious to peek inside? Grab your sample copy of this report now:https://www.maximizemarketresearch.com/request-sample/1138/
Competitive Landscape and Regional Demand
The utility asset management market is characterized by the presence of key players such as Siemens AG, ABB Ltd., Emerson Electric Co., General Electric Company, and Honeywell International Inc. These companies are actively engaged in technological advancements, strategic partnerships, and mergers and acquisitions to strengthen their market positions. Regionally, North America holds a significant market share due to substantial investments in grid modernization and the adoption of smart technologies. The Asia-Pacific region is anticipated to witness substantial growth, driven by rapid urbanization, infrastructure development, and increasing investments in energy efficiency projects.
Intrigued to explore the contents? Secure your hands-on sample copy of the report:https://www.maximizemarketresearch.com/request-sample/1138/
United States: Utility Asset Management Growth and Opportunities
In the United States, the utility asset management market is experiencing significant growth, propelled by investments in infrastructure and technological advancements. For instance, Eversource Energy announced a $2.4 billion deal to sell Aquarion Water Company to a new quasi-public water authority, aiming to enhance regional water supply strategies and reinvest in core electric and gas operations.
Additionally, East Coast Power, a new utility services company, secured an investment from Alvarez & Marsal Capital to expand its electric utility construction and storm restoration services along the East Coast, focusing on significant infrastructure investments essential for North America's power grids.
Asia-Pacific: Emerging Trends in Utility Asset Management
The Asia-Pacific region is witnessing rapid adoption of utility asset management solutions, driven by technological advancements and strategic investments. Notably, Macquarie Group is poised for a significant financial windfall following the $24 billion divestment of its stake in AirTrunk, highlighting the robust demand for digital infrastructure assets in the region.
This transaction underscores the region's focus on enhancing utility infrastructure to support economic growth and technological advancement.
Europe: Consolidation and Strategic Developments in Utility Asset Management
European countries, including the United Kingdom, are experiencing consolidation and strategic developments in the utility asset management sector. A vehicle controlled by the family of Hong Kong's richest man, Li Ka-shing, agreed to buy a portfolio of UK wind farms from Aviva Investors for £350 million, indicating the continued attractiveness of renewable energy in the UK.
This acquisition highlights the region's commitment to integrating renewable energy sources into the utility infrastructure.
Middle East and Africa: Utility Asset Management Market Expansion and Updates
The Middle East and Africa region present significant potential for utility asset management market growth, driven by investments in energy and infrastructure projects. For example, Saudi Arabia's ACWA Power plans to purchase Engie's stakes in assets located in Kuwait and Bahrain, worth $693 million, including gas-fired power generation and water desalination facilities.This strategic move aims to enhance ACWA's presence in Bahrain and establish operations in Kuwait, reflecting the region's focus on expanding utility infrastructure.
Interested to take a sneak peek? Request a sample copy of the report to see what's inside:https://www.maximizemarketresearch.com/request-sample/1138/
Global Utility Asset Management Market Segmentation
by Utility Type
Public Utility
Private Utility
by Type
Hardware
Software
by Application
Transformer
Sub-Station
Transmission & Distribution Lines
For deeper market insights, peruse the summary of the research report: https://www.maximizemarketresearch.com/market-report/global-utility-asset-management-market/1138/
Global Utility Asset Management Market Key Players
1. Siemens AG
2. S&C Electric
3. ABB, Ltd.
4. Sentient Energy, Inc
5. Emerson Electric Co.
6. Enetics Inc.
7. Aclara Technologies LLC
8. CNIguard Limited
9. Emerson Electric Co.
10.Enetics, Inc.
11.General Electric Company
12.Hitachi ABB Power Grids Group
13.Lindsey Manufacturing Co.
14.Sentient Energy, Inc.
Get Market Research Latest Trends :
Carbon Credit Market https://www.maximizemarketresearch.com/market-report/carbon-credit-market/198127/
Global Virtual Power Plant Market https://www.maximizemarketresearch.com/market-report/virtual-power-plan-market/14847
Rainwater Harvesting Market https://www.maximizemarketresearch.com/market-report/rainwater-harvesting-market/12432/
Vanadium redox battery Market https://www.maximizemarketresearch.com/market-report/vanadium-redox-battery-market/147486/
Diesel Engine Market https://www.maximizemarketresearch.com/market-report/diesel-engine-market/14704/
India Liquefied Petroleum Gas Market https://www.maximizemarketresearch.com/market-report/india-liquefied-petroleum-gas-market/45105/
Global Utility Asset Management Market https://www.maximizemarketresearch.com/market-report/global-utility-asset-management-market/1138/
Global Stationary Fuel Cell Market https://www.maximizemarketresearch.com/market-report/global-stationary-fuel-cell-market/40979/
Small Wind Market https://www.maximizemarketresearch.com/market-report/global-small-wind-market/30550/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Utility Asset Management Market to Reach USD 7.34 Billion by 2030, Growing at a 9.95% CAGR here
News-ID: 3901996 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD
GPS Tracking Device Market Surge Ahead at a CAGR of 13.1% from 2025 to 2032: Sma …
GPS Tracking Device Market size was valued at USD 3.50 Billion in 2024 and the total GPS Tracking Device revenue is expected to grow at a CAGR of 13.1% from 2025 to 2032, reaching nearly USD 9.38 Billion.
GPS Tracking Device Market Overview:
The GPS tracking device market is entering a dynamic growth phase, propelled by mounting demand in logistics, automotive, personal safety, and healthcare industries. Innovations such as IoT integration, telematics,…
Iron and Steel Slag Market to Grow at a CAGR of 1.5% in the Forecast Period of 2 …
The Iron and Steel Slag Market size was valued at USD 25.81 Billion in 2024 and the total Iron and Steel Slag revenue is expected to grow at a CAGR of 1.5% from 2025 to 2032, reaching nearly USD 29.08 Billion.
Iron and Steel Slag Market Overview:
Iron and steel slag, a byproduct of metal smelting, is emerging as a linchpin in modern industrial ecosystems. Far from being waste, this versatile material…
Shooting Ranges Market Expected To Hit USD 2.57 Bn by 2032, with a CAGR of 7.85% …
The Shooting Ranges Market size was valued at USD 1.40 Billion in 2024 and the total Shooting Ranges revenue is expected to grow at a CAGR of 7.85% from 2025 to 2032, reaching nearly USD 2.57 Billion.
Shooting Ranges Market Overview:
Shooting ranges serve as specialized facilities-both indoor and outdoor-where firearms and archery training, recreational shooting, and competitive events take place in controlled, safe environments. These venues support a wide spectrum of…
Fuel Cell UAV Market Taking Flight at Robust Growth Pace: A Clean-Energy Drone R …
The Fuel Cell UAV Market size was valued at USD 1661.38 Million in 2024 and the total Fuel Cell UAV revenue is expected to grow at a CAGR of 13.95% from 2025 to 2032, reaching nearly USD 4722.62 Million.
Fuel Cell UAV Market Overview:
Fuel-cell-powered unmanned aerial vehicles (UAVs) are swiftly redefining the drone landscape with their promise of prolonged flight times and greener operations. Leading aerospace innovators and emerging startups alike…
More Releases for Utility
Utility Scale Solar Market Size, Trends 2031 By Key Players- Suntech, JA Utility …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global Utility Scale Solar Market size is reached a valuation of USD 53.01 Billion in 2023, with projections to achieve USD 250.41 Billion by 2031, demonstrating a 𝐂𝐀𝐆𝐑 7.78% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟏.
The utility-scale solar market presents significant opportunities driven by the global push for renewable energy and decreasing technology costs. As governments worldwide aim to meet ambitious climate targets,…
Utility Billing Software Market Sees Remarkable Growth Amidst Evolving Utility S …
Electricity billing had evolved from the days when utilities gathered monthly energy consumption data to produce a paper invoice that they sent to customers via mail. The use of smart meters, such as two communicating meters, makes it more readily adaptable to streamline the process. For instance, Starnik, which is a software company for utility billing, provides cloud-based electricity billing software for the modern-day utility industry. The incredibly innovative electricity…
Utility Communication Market
Global Utility Communication Market report from Global Insight Services is the single authoritative source of intelligence on Utility Communication Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types,…
Expecting Huge Growth for Global Utility Scale Solar Market 2019-2026 with top k …
QYReports features a new market study on the report, titled “Global Utility Scale Solar Market Professional Survey Report 2019,” provides in-depth insights into the key dynamics assessing the drivers and restraints, business prospects of key product and application segments, notable growth trends, and competitive analysis of leading vendors. The research report throws light on the size and share of key segments, product developments, and prospective growth opportunities in the near…
Utility Scale Solar Market Witness Highest Growth in near future| Leading Key Pl …
MarketResearchNest.com adds “Global and Chinese Utility Scale Solar Industry, 2018 Market Research Report” new report to its research database. The report spread across 141 pages with multiple tables and figures in it.
This report studies the Utility Scale Solar market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with…
Electric Utility Survey Report: Utility Weather Forecasting and Data Usages
Macrosoft’s 2016 Utility Survey Report from 109 Electric Utility Executives
Utilities face a critical challenge when it comes to probing the accuracy of their weather forecasts. Macrosoft’s 2016 utility survey addressed these issues by answering valuable questions involving different weather forecasting practices, perceived satisfaction levels, usage of statistical data, and best practices.
The survey provided many insightful observations including:
1.80% of Utilities use an Outage Prediction model.
2.71% of Utilities don’t have a dedicated,…
