Utility communication refers to a device which uses a set of technologies to coordinate various parts of a complicated utilities distribution system. The message is sent from unmanned stations and the information is transferred to various sites. Messages here require instant delivery for real-time functions so as to ensure optimum control and safety of the utility systems. Utility communication is expected to grow with a rise in demand for security that the system provides an integration of the service into the company’s existing services. Advancement in IT systems led to the development of automated distribution networks for utilities (power, energy, etc.) for the efficient functioning of modern power systems.This growth is primarily driven by Increasing Domestic Demand For Efficient Power Infrastructure, Rising Demand For Smart Cities And Smart Grid Infrastructure In Emerging Countries and Seamless Integration Of The Service Into Companies Existing Services.
Globally, a noticeable market trend is evident Emerging Utility Communication in Digitalization and Smart Cities. Major Players, such as Abb, Ltd. (Switzerland), Oracle Corporation (United States), Fujitsu (Japan), Schneider Electric (France), Ericsson (Sweden), Motorola Solutions, Inc. (United States), Black & Veatch Holding Company (United States), Siemens Ag (Germany), General Electric (United States), Rad Data Communications, Ltd. (Israel), Landis+GYR (Switzerland), Digi International, Inc. (United States), Trilliant, Inc. (United States), Comnet Communication Network (United States), Omicron Electronics GmbH (Austria), Milsoft Utility Solutions, Inc. (United States), Itron (United States), Cisco Systems, Inc. (United States) and Texas Instruments, Inc. (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 12th November 2019, Landis+Gyr announced the introduction of its Gridstream® Connect solution for European utilities. Gridstream Connect is an open, secure, and scalable Internet of Things (IoT) platform designed to unlock added value and maximize efficiencies from advanced metering infrastructures (AMI) by bringing together intelligent endpoints, communications, software, and applications.
"Utility providers in the region are focused on the up gradation of power infrastructure through digital technologies such as smart meters and smart grids, among others. The U.S. government launched the Smart Grid Investment Grant (SGIG) program for smart grid development."
- Increasing Domestic Demand For Efficient Power Infrastructure
- Rising Demand For Smart Cities And Smart Grid Infrastructure In Emerging Countries
- Seamless Integration Of The Service Into Companies Existing Services
- Emerging Utility Communication in Digitalization and Smart Cities
- Less Capital Available To Adopt Communication Technology
- Demand Stocking for Utility communication systems
Growth in renewable generation and distributed resources will boost the Utility Communication market and Technological advancements in the Utility Communication
Vulnerability to Hackers and Natural Disasters might hamper the Utility Communication Market
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Utility Communication Study Sheds Light on
The Utility Communication Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Utility Communication industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Utility Communication industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.