DUBLIN--(BUSINESS WIRE)--The "Asia Pacific Utility Communication Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Technology; Utility Type" report has been added to ResearchAndMarkets.com's offering.
The utility communication market was valued at US$ 3,279.5 million in 2019 and is projected to reach US$ 1,2727.0 million by the year 2027; it is expected to grow at a CAGR of 18.8% during 2020-2027. As the global economy is moving fast toward digitalization and process automation, APAC region is also contributing an impressive share towards this trend. Asia Pacific region is a leader in many aspects when it comes to the adoption and implementation of advanced technologies. Utility firms in this region have started adopting various advanced communication solutions and services such as network service & management, protection & control communications, wide area optical transport networks, hydropower line communications, and smart grid communications to meet their communication requirements. This adoption is enabling a high level of service availability for critical applications. The huge growth potential of APAC region offers ample growth opportunities for utility communication market players during the forecast period of 2020 to 2027.
Overall size of the Asia-Pacific utility communication market has been derived using primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia-Pacific utility communication market. It also provides an overview and forecast for the Utility communication based on all the segmentation provided with respect to the Asia-Pacific region. Also, primary interviews were conducted with industry participants and commentators in order to validate and analyze the data. The participants who take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Utility communication industry. ABB Ltd, Fujitsu Limited, General Electric Company, Honeywell International Inc, and Rockwell Automation Inc, are among the key players present in the Asia-Pacific utility communication market.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia-Pacific utility communication market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia-Pacific utility communication market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia-Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Key Topics Covered:
1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Utility Communication Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Utility Communication Market - Asia-Pacific PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
4.5 Premium Insight
4.5.1 Technological Trends on SONET/SDN, IP/MPLS, and MPLS-TP
5. Utility Communication Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Several Initiatives for Advancing the Technological Landscape
5.1.2 Automation of the Utility Communication Billing and Bill Payments Method
5.2 Market Restraints
5.2.1 High Threat from Cyber Attacks to Energy and Utility Organization
5.3 Market Opportunities
5.3.1 Investment in networking for a multitude of utility applications
5.4 Future Trends
5.4.1 Growing Trend towards Smart Cities
5.5 Impact Analysis of Drivers and Restraints
6. Utility Communication Market - Asia-Pacific Market Analysis
6.1 Utility Communication Market Overview
6.2 Utility Communication Market -Revenue, and Forecast to 2027 (US$ Million)
7. Utility Communication Market Analysis - By Technology Type
7.1 Overview
7.2 Utility Communication Market Breakdown, by Technology, 2019 & 2027
7.3 Wired
7.3.1 Overview
7.3.2 Wired Market Revenue and Forecast to 2027 (US$ Million)
7.3.2.1 Optical Fiber
7.3.2.2 Power Line Carrier (PLC)
7.3.2.3 Ethernet
7.3.2.4 Others
7.4 Wireless
7.4.1 Overview
7.4.2 Wireless Market Revenue and Forecast to 2027 (US$ Million)
8. Utility Communication Market Analysis - By Utility Type
8.1 Overview
8.2 Utility Communication Market Breakdown, by Utility Type, 2019 & 2027
8.3 Private Utility
8.3.1 Overview
8.3.2 Private Utility Market Revenue and Forecast to 2027 (US$ Million)
8.4 Public Utility
8.4.1 Overview
8.4.2 Public Utility Market Revenue and Forecast to 2027 (US$ Million)
9. Asia-Pacific Utility Communication Market - Country Analysis
9.1.1 APAC: Utility Communication Market, By Country
9.1.1.1 China: Utility Communication Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.2 India: Utility Communication Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.3 Japan: Utility Communication Market - Revenue and Forecast to 2027 (US$ Million)
9.1.1.4 South Korea: Utility Communication Market - Revenue and Forecast to 2027 (US$ Million)
10. Impact of COVID-19 Pandemic on Asia-Pacific Utility Communication Market
10.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Market Initiative
11.2 Merger and Acquisition
11.3 New Development
12. Company Profile
12.1 ABB Ltd.
12.2 FUJITSU LIMITED
12.3 General Electric Company
12.4 Honeywell International Inc.
12.5 OMICRON Electronics GmbH
12.6 Rockwell Automation, Inc.
12.7 Schneider Electric SE
12.8 Siemens AG
12.9 Tejas Networks
12.10 Telefonaktiebolaget LM Ericsson
For more information about this report visit https://www.researchandmarkets.com/r/qrt88i
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