Press release
Utility Communication Market 2021| by Technology Type (Wireless (RF Mesh, Mobile Network)
Utility Communication
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The utility communication market is projected to reach USD 15.45 billion by 2021, at a CAGR of 15.55%, from 2016 to 2021. Utility communication technologies are used in the form of wired and wireless communication technologies. Wireless utility communication technologies include RF mesh, mobile network, and microwave and radio communication, among others. Whereas, wired communication technologies include power line carrier (PLC), optic fiber network, and Ethernet, among other technologies. Modification in billing practices in power utility companies, stringent regulatory requirements for power utilities, and increasing investments in smart grids are the major drivers that will drive the utility communication market. Utility communication technologies, especially wireless technologies, are vulnerable to hackers and natural disasters, which could hinder the growth of the utility communication market.
With regard to the technology type segment, the mobile network sub segment is expected to constitute the fastest growing market, from 2016 to 2021. Mobile network communication offers a low cost solution for controlling and monitoring the overall distribution automation system. This technology provides communication between smart meters and utilities through nodes. It also enables smart metering deployments to be implemented through a wide area network. Mobile network or cellular network technology include communication technologies, such as 2G, 3G, WiMAX, and LTE, which are available to utilities for smart metering deployments.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
• By Company Type: Tier 1- 25%, Tier 2- 40%, Tier 3- 35%
• By Designation: C-Level- 15%, Manager-Level- 55%, Others- 30%
• By Region: Asia-Pacific- 60%, Middle East-10%, Europe-16%, North America- 9%, and Africa- 5%
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Key points from table of content:
Company Profiles :
• ABB, Ltd.
• Schneider Electric
• General Electric
• Siemens AG
• Motorola Solutions, Inc.
• Ericsson
• Fujitsu
• Landis+GYR
• Black & Veatch Holding Company
• Rad Data Communications, Ltd.
• Digi International, Inc.
• Trilliant, Inc.
• Comnet
• Netcontrol
• Omicron Electronics GmbH
• Sensus
• Milsoft Utility Solutions, Inc.
• Itron
• Cisco Systems, Inc.
• Texas Instruments, Inc.
• Valiant Communications
• ZTE Corporation
• Open Systems International
• Power System Engineering, Inc.
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