Vertical: EnPBase Year: 201610 Sections
Market Size (2016)
$8.70B
Projected (2023)
$23.70B
CAGR (2015–2023)
15.3%
Key Players
12+
The demand for digital communication networks for utilities such as water, power and oil & gas is growing rapidly owing to various advantages, including automatic functioning, integrated communication systems, user friendly interface, and better operational efficiency. A variety of communication media are deployed nowadays for better monitoring and controlling in any utility network such as optical fiber, power line carrier technologies, cellular, WiMax, Spread spectrum radio systems.
The global utility communication market is projected to grow at 15.50% CAGR during the forecast period, 2018–2023. In 2017, the global utility communication market was led by Asia-Pacific with a 34.2% share, followed by Europe and North America with shares of 25.4% and 21.7%, respectively.
The global utility communication market has been segmented based on technology, utility type, and region. On the basis of technology, the market has been segmented into, wireless technology and wired technology. The wired technology is expected to grow at a faster rate during the forecast period. In 2017, the wired technology segment held 60.6% share of the global utility communication market. On the basis of utility type, the market has been segmented into, public utility and private utility. The private utility is expected to grow at the fastest rate during the forecast period. In 2017, the public utility segment held a 25.3% share of the global utility communication market.
The Utility Communication Market market is projected to grow at a CAGR of 15.3% from 2015 to 2023.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSubscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansThe utility communication is the groundwork for two-way communication between the utility and the end-users through all the data points deployed across the network. Utility communication helps monitor and control grid equipment, measures electric network performance, and delivers information in real-time to control centers. There are various utility communication technologies, which are deployed in the oil & gas utilities, and in T&D networks including fiber optics, power line carrier (PLC), ethernet, WiMax, microwave & radio communication, and mesh.
A reliable, secure, and economical communication solution for utilities is closely linked with efficient, fast, and dependable infrastructure, which helps utilities attain lower operating costs, high energy conservation, and less customer complaints.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSubscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSubscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansThis report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.
Base Year
2016
Historical Period
2015 – 2015
Forecast Period
2017 – 2023
Primary Interviews
150+
Historical data (2015–2016) and forecast period (2016–2023)
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansThe global utility communication market is characterized by the presence of many global, regional, and local vendors. The market is highly competitive with all the players competing to gain market share. Intense competition, rapid advances in technology, frequent changes in government policies, and environmental regulations are key factors that confront market growth. The vendors compete based on cost, product quality, reliability, and aftermarket services. It is crucial for the vendors to provide cost-effective and efficient communication devices to survive and succeed in an intensely competitive market environment.
The growth of the market vendors is dependent on the market conditions, government support, and industry development. Thus, the vendors should focus on expanding geographically and improving services. ABB, General Electric, Ericsson, Landis+Gyr, RAD, Trilliant Incorporated, Siemens, Schneider Electric, Motorola Solutions, Inc., Itron Inc, Digi International, Inc., and Black & Veatch Holding Company are the major companies in the market, which compete in terms of availability, quality, price, and technology. They primarily focus on the product development for communication in the utility communication market. Although the international players are dominating the market, regional and foreign players with small market shares also have a presence. The international players may strengthen their presence worldwide through contracts and agreements during the forecast period. It has also been forecast that improvement of the global economic scenario combined with efforts to enhance infrastructure in emerging nations, fuels the market growth, making it an ideal time for the participants to offer solutions of utilities communication and increase their market shares, globally.
Threat of New Entrants
The global utility communication market is expected to witness significant growth,owing to the increasing smart grid activities leading to the use of mobile devices, changing utility billing practices, and stringent regulations that benefit utilities. Factors such as the need for high initial investments and a vast customer base might restrict the entry of new players in the market. The major players in the global utility communication market are experienced and established players who hold the largest market share, owing to their innovative approaches and the effective implementation of technology. Some of the key players of the market are ABB, Siemens, Schneider Electric, and Landis+Gyr. Moreover, the presence of well-established players with a wide geographic reach makes it difficult for new players to achieve economies of scale and large profit margins. Additionally, the integration of communication technologies requires a certain amount of expertise and involves continuous process of product innovation to maintain a position in the market. This makes these utility communication solutions technologically complex. Therefore, the threat of new entrants is low to moderate in the global utility communication market.
Bargaining Power of Suppliers
The need for reliable and efficient utility communication has propelled the utility communication system suppliers to focus on the research and development, design, and implementation of utility communication products and services in different industry verticals. The global utility communication market is dominated by few major players who constantly invest in research and development for product innovation.The major suppliers of utility communication include Siemens, ABB, General Electric, Schneider Electric, and Landis+Gyr.Thus, all these factors moderate the bargaining power of suppliers in the global utility communication market.
Bargaining Power of Buyers
Although the buyers in this market can broadly be categorized as public and private utilities, there are only a few large manufacturers, such as ABB, General Electric, Siemens, and Schneider Electric, with strong brand identities. Additionally, the global utility communication market is dominated by these players to a large extent. Hence, the bargaining power of buyers in the global utility communication market,is moderate.
Threat of Substitutes
Utility communication is the groundwork for two-way communication between the utility providers and the end users through all the communication technologies deployed across the utility network. Utility digital communication helps in monitoring and controlling grid equipment, measures power network performance, and delivers information in real-time to control centers. Presently, in the global utility communication market, there are no substitutes for communication technologies. Therefore, the threat of substitutes in the global utility communication market,is low.
Intensity of Rivalry
There is intense competition among the existing players, such as ABB, General Electric, Siemens, Schneider Electric, and Landis+Gyr, with the vendors who are investing heavily in research and development to meet the growing demand for communication systems in utilities. Moreover, these players hold a major share in the utility communication market. Thus, the intensity of rivalry in the global utility communication market, is high.
Market estimates by geography (2023)
InsightAsia Pacific leads with $8.50B by 2023.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription Plans| REGION | 2015 | 2016 | 2023 | CAGR | SHARE |
|---|---|---|---|---|---|
| Asia Pacific | $2.55B | $4.59B | $8.50B | 16.2% | 36% |
| Europe | $1.94B | $3.33B | $5.90B | 14.9% | 25% |
| Middle East and Africa | $857.20M | $1.40B | $2.37B | 13.5% | 10% |
| South America | $604.30M | $1.02B | $1.75B | 14.3% | 7% |
| North America | $1.64B | $2.88B | $5.18B | 15.4% | 22% |
| Total | $7.59B | $13.22B | $23.70B | 15.3% | 100% |
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansTotal Market Size
$23.70B
| APPLICATION | REVENUE ($B) | GROWTH RATE | MARKET PENETRATION |
|---|---|---|---|
| Wired | $15.02B | 16.2% | 63% |
| Wireless | $8.68B | 13.9% | 37% |
* Revenue projections based on 2025 estimates. Growth rates represent CAGR 2024–2030. Market penetration indicates current adoption rate within addressable market segments.
Subscribe to Wantstats
Unlock premium reports, insights, blogs, charts and more.
View Subscription PlansSee plans for professionals or small and medium businesses.
Analytical insights on Utility Communication Market covering market dynamics, competitive landscape, and strategic outlook.
The Utility Communication Market market is projected to reach $23.70B by 2023, growing at 15.3% CAGR. The Wired segment holds the largest share.
The demand for digital communication networks for utilities such as water, power and oil & gas is growing rapidly owing to various advantages, including automatic functioning, integrated communication systems, user friendly interface, and better operational efficiency. The market growth is mainly driven by stringent government regulations benefiting utilities and changing utility billing systems. Moreover, increasing smart grid activities leading to the use of mobile devices has fueled the market growth. However, high initial investment may slow the growth of the market.
The electric, gas, and water utility companies that provide services to end users are generally regulated by the state, local, and federal agencies. These agencies regulate and oversee the prices that utilities charge for their services, their budget and construction plants, and their energy efficiency programs. Utilities across the globe have been witnessing a significant change in terms of advanced communication technologies in the last few years. Moreover, utilities are increasingly focusing on upgrading their entire network and witnessing a substantial integration of disruptive communication technologies into the utility network to achieve energy targets, across the globe. There is a rising demand for digitalization in utility systems, including the deployment of communication technologies. Governments of various emerging economies have shifted their focus towards automating their communication network by integrating their existing infrastructure with new communication technologies.
For instance, the South African government has mandated that the annual power consumption of more than 1,000 kWh would require smart meters. On the other hand, the US has taken a leading position in the smart meter rollouts, with 76 million smart meters deployed in 2017. Moreover, according to the European regulatory authorities, all the new electricity meter installations should be equipped with remote management. This will result in the requirement of the communication technologies, which are integrated with smart meters. All these factors are expected to drive the global utility communication market during the forecast period.
The investment in digitalization and smart cities have grown significantly over the last few years. Digitalization is an emerging trend, which is influencing the power industry including the deployment of smart utility communication devices, owing to the fact that they are an important part of a smart grid. Smart grids, with the integration of renewable energy resources and the demand for more reliable energy distribution systems, are triggering new business models involving new regulatory frameworks regarding the deployment of utility communication. Many utilities around the world have already introduced various mobile technologies for bill modification activities and payment purposes. Hence, utilities have a lot of opportunities for deploying utility communication technologies to make strategic improvements to their existing businesses. Moreover, the introduction of 5G technology will integrate all wireless technologies and will concentrate on three aspects including flexibility, self-oriented management, and scalability. Thus, the growing trend of digitization and smart cities is projected to be an opportunity for the global utility communication market during the forecast period.
The investments being made in utility communication technologies by various major utilities present a lot of opportunities for them to cut down on energy consumption, thereby increasing the efficiency of power supply. However, there are many other utilities, especially in developing economies, which are still hesitant in investing massive amounts of money in integrating new and advanced communication technologies with their existing infrastructure or setting up a whole new infrastructure. Moreover, these utilities with limited funds are also hesitant because to invest in advanced communication technologies, they will have to divest from other key business areas. For instance, Brazil, the largest economy of South America, is the largest electricity producer. However, due to the slowdown in the growth of the economy, the investment in smart grid technologies has suffered. Therefore, the high initial investments could restrain the growth of the global utility communication market during the forecast period.
Near-term growth will likely concentrate in modular bioreactor lines and closed-system media workflows that shorten validation cycles while preserving batch traceability.
Partnerships between CDMOs and instrumentation vendors should accelerate standard datasets for comparability across sites, improving forecasting models used in capacity planning.
Longer horizon, organoid and microphysiological adoption may reshape segment mix; teams that invest early in assay interoperability and cloud QC hooks are better positioned to capture upside without fragmenting their analytics stack.
Profiles of 106 companies operating in the Utility Communication Market market, including revenue, employee count, and market positioning where available.
Showing 106 of 106 companies
Normal 0 false false false EN-US ZH-CN X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin-top:0cm; mso-para-margin-right:0cm; mso-para-margin-bottom:8.0pt; mso-para-margin-left:0cm; line-height:107%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Roboto Condensed"; mso-ascii-font-family:"Roboto Condensed"; mso-ascii-theme-font:minor-latin; mso-hansi-font-family:"Roboto Condensed"; mso-hansi-theme-font:minor-latin; mso-ansi-language:EN-US; mso-fareast-language:EN-US;} Company Headquarters: Switzerland Founded: 1986 Workforce: ~5,900 Company Working: Landis+Gyr is a US-based company that offers metering solutions worldwide. The company offers electricity meters, including industrial meters, commercial meters, grid meters, communication networks, and grid management solutions for distribution automation, load management, and grid analytics applications. The company also offers demand response, smart grid solutions for metering, outrage management, and remote service connection. Landis+Gyr has a presence in North America, Europe, Asia-Pacific, and the Middle East & Africa.
Black & Veatch Holding Company is an engineering, procurement, consulting and construction company with a wide product portfolio serving various end users, such as oil & gas, power, smart cities, telecommunication, and transportation. It provides turnkey information and communications technology (ICT) solutions, including wireless, wireline and IP networks. Additionally, it provides information and operational technology (IT and OT) systems that are used for sharing secured information, monitoring and control, and data analytics. Currently, Black & Veatch Holding Company has more than 110 offices, worldwide, and has presence in more than 100 countries, globally. Some of its subsidiaries are Black and Veatch International Company (UK), Ariston Consulting & Technologies, Inc. (US), and BV Solutions Group, Inc. (US). It primarily competes with Schneider Electric (France), ABB (Switzerland), Ericsson (Sweden), General Electric (US), and Digi International, Inc. (US).
Trilliant Incorporated is one of the providers of communication solutions for energy and utilities service providers. Trilliant Incorporated works under its parent organization, Trilliant Holdings, Inc. It offers products and services related to smart grid, wireless communications, AMI metering, distribution automation, Internet of Things (IoT), networking, and Industrial Internet of Things (IIoT) for power utilities. The utility communication products & services for utilities, such as cellular, SecureMesh NAN, SecureMesh WAN, and random phase multiple access are offered under the network technology business segment. Additionally, the company provides software solutions in terms of a platform that acts as the controller for all the connected devices within the utilities. Trilliant Incorporated offers its products and solutions, across 50 countries, globally. It has major operations in countries, such as the US, Canada, the UK, and Singapore. It primarily competes with Blue Pillar (UK), Tantalus Systems Corp (US), and Enbala (US).
RAD is the global telecom access solution provider for service providers in power utilities, transportation systems and government agencies. It offers products and services, including vCPE Toolbox, ethernet access devices & routers, multiservice switches & routers, ruggedized switches & routers, broadband wireless, and packet operational WAN for power utilities. The communication products & services for utilities offered by the company contribute to the under utilities segment, which includes products and services, such as ethernet access devices, routers, multiservice switches, broadband wireless, and multiservice operational WAN for power utilities. RAD offers its products and solutions across 150 countries, globally. It has operations in countries, such as China, France, Japan, Philippines, the UK, Russia, Germany, India, Austrailia, and the US. Some of the key subsidiaries of the company are Radwin (Israel), LEAD IP Systems Ltd, RAD Data Communications, Inc., and RaDirect Inc. It primarily competes with Day Wireless Systems (US), cellXica ltd (UK), and 3SAE Technologies Inc (US).
12 interactive charts drawn from the Utility Communication Market dataset — market size, regional splits and each segment breakdown. Open one to read its full data table and download it.
Global Utility Communication Market United States, Canada and Mexico Of North America By Country
Global Utility Communication Market Argentina, Brazil and Rest Of South America
Global Utility Communication Market South Africa, Rest Of Middle East And Africa, Saudi Arabia and UAE Of Middle East And Africa
Global Utility Communication Market Germany, France, United Kingdom and Rest Of Europe By Country
Global Utility Communication Market Australia, China, India, Japan and Rest Of Asia Pacific By Country
Global Utility Communication Market By Region
Powering the world's best teams.
From next-gen startups to established enterprises.
Trusted by forward-thinking businesses
for data-driven intelligence
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Historical performance and future projections (2020–2030, USD Billion)
Market Size (USD Mn)
