New Analysis from Global Industry Analysts Reveals Steady Growth for Utility Communication Technologies, with the Market to Reach $26.1 Billion Worldwide by 2026


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Edition: 6; Released: January 2022
Executive Pool: 20323
Companies: 43 – Players covered include ABB Ltd.; Black & Veatch Holding Company; Cisco Systems, Inc.; ComNet; Digi International, Inc.; Ericsson AB; Fujitsu Ltd.; General Electric Company; Itron, Inc.; Landis+Gyr AG; Milsoft Utility Solutions; Motorola Solutions, Inc.; Netcontrol Oy; Omicron Electronics GmbH; Open Systems International, Inc.; Power System Engineering, Inc.; Rad Data Communications Ltd.; Schneider Electric SA; Sensus; Siemens AG; Texas Instruments, Inc.; Trilliant, Inc.; Valiant Communications Limited; ZTE Corporation and Others.
Coverage: All major geography and key segments
Segments: Technology Type (Wireless, Wired); Utility Type (Public Utilities, Private Utilities)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of the World.

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ABSTRACT-

Global Utility Communication Technologies Market to Reach $26.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Utility Communication Technologies estimated at US$11.2 Billionis projected to reach a revised size of US$26.1 Billion by 2026, growing at a CAGR of 15% over the analysis period. Wireless, one of the segments analyzed in the report, is projected to record a 11.6% CAGR and reach US$8.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Wired segment is readjusted to a revised 16.4% CAGR for the next 7-year period.

The US Market is Estimated at $3.9 Billion in 2021, While China is Forecast to Reach $4.6 Billion by 2026
The Utility Communication Technologies market in the US is estimated at US$3.9 Billion in the year 2021. Chinathe world`s second largest economy, is forecast to reach a projected market size of US$4.6 Billion by the year 2026 trailing a CAGR of 14.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13% and 13.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 11.2% CAGR. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACT:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.

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