Utility communication Market is Expected to Grow at a CAGR of 7.2% from 2016 to 2023

Market Highlights
Utility communication technologies are used in the form of wired and wireless communication technologies. Wireless utility communication technologies include RF mesh and mobile network whereas, wired communication technologies include power line carrier (PLC), optic fiber network, and Ethernet. Utility communication allows smooth and well-regulated transfer of utilities such as power and gas. The installation of smart grids with sophisticated utility communication technology offer benefits to customers and providers, which is pushing market towards growth. The market of utility communication is witnessing significant growth due to the increase in use of smart grids and mobile devices, modification in billing practices in power utility companies and stringent regulatory requirements for power utilities. The rising demand for smart grid systems for the distribution of utilities is the key driver for the global utility communications market.
However, the availability of capital to adopt communication technologies acts as a major restraint for the Utility Communication market.

The global utility communication market is segmented on the basis of wired communication type that includes power line barrier, optic fibre and Ethernet technologies. Furthermore, wireless communication type also forms a type of utility communication with RF mesh technology and mobile networks. The market is further classified based on the utility type as power generation and transmission, natural gas, water and sewage plants and oilfield communications. The global increase in the investment of smart grids, modification in billing practices and strict regulatory norms are driving the market for utility communications. It is necessary for the communication systems to work under even the worst conditions. As the number of smart grids around the world increases, there is need for more advanced power system control applications.

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Key Players
• General Electric (U.S.) ,
• Siemens AG(Germany),
• ABB, Ltd.( Switzerland),
• Schneider Electric SE (France)
• Motorola Solutions, Inc.(U.S.),
• Omicron Electronics GmbH (Austria),
• Digi International, Inc.(U.S.),
• Milsoft Utility Solutions, Inc.(U.S.),
• Cisco Systems, Inc.(U.S.)
• RAD Data Communications Ltd. (Israel)

Market Research Future Analysis:
Market Research Future analysis shows that the global market of utility communications market is estimated to grow at CAGR of 7.2 % in the forecast period.
The RF mesh technology sub segment, within the wireless technology segment of the utility communication market is expected to hold the largest share, by technology. This segment is primarily driven by the modernization of ageing infrastructure in developed countries. Asia-Pacific is expected to dominate the global utility communication market, given an increase in the number of smart grid and smart city projects. The growing number of smart grid projects in developing economies, such as China, Japan, Australia, and India, is expected to create an opportunity for the utility communications market during the forecast period.

Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Utility Communications Market Research Report- Global Forecast to 2023”

Intended Audience
• Distributer & Supplier companies
• End Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

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Table of Content
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Utility Communications Market, By Technology Type
4.1 Wired Communication Type
4.1.1 Power Line Carrier
4.1.2 Optic Fiber
4.1.3 Ethernet
4.2 Wireless Communication Type
4.2.1 RF Mesh
4.2.2 Mobile Network
5 Global Utility Communications Market, By Utility Type
Continue……..

List Of Tables
Table 1 Global Utility Communications Market, By Technology Type
Table 2 Global Utility Communications Market, By Utility Type
Table 3 Global Utility Communications Market, By Regions
Table 4 North America Utility Communications Market, By Country
Table 5 North America Utility Communications Market, By Technology Type
Table 6 North America Utility Communications Market, By Utility Type
Continue………

List Of Figures
Figure 1 Research Technology Type
Figure 2 Global Utility Communications Market: By Technology Type(%)
Figure 3 Global Utility Communications Market: By Utility Type(%)
Figure 4 Global Utility Communications Market: By Region
Figure 5 North America Utility Communications Market, By Technology Type(%)
Figure 6 North America Utility Communications Market, By Utility Type(%)
Figure 7 Europe Utility Communications Market, By Technology Type(%)
Figure 8 Europe Utility Communications Market, By Utility Type(%)
Continue…………

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