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Utility Asset Management Market 2022: A Guide to Competitive Landscape Cheap 49ers T-Shirts , Key Country Analysis, state funding initiatives
by almiracoyne · March 6, 2019


The global utility asset management market is projected to grow at a CAGR of 8.25%, from 2017 to 2022. The North American market is estimated to be the largest for utility asset management, followed by Europe in 2017. The growth of the utility asset management market is driven by growing investments in distributed generation, upgradation of aging utility infrastructure, and maximizing the reliability of the power infrastructure.




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The utility asset management market is dominated by comprehensive players. The key players operating in this market include Siemens AG (Germany) Custom San Francisco 49ers Jersey , ABB, Ltd. (Switzerland), General Electric (US), S&C Electric (US), and Sentient Energy (US).




Browse 79 Market Data Tables and 32 Figures spread through 147 Pages and in-depth TOC on “Utility Asset Management Market by Application (Transformer, Sub-Station, Transmission & Distribution Lines) Cheap 49ers Jerseys , Component (Hardware, Software), Utility Type (Public Utility, Private Utility), and Region – Global Forecast to 2022”




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Major strategies adopted by the players include contracts & agreements, new product launches, expansions Mitch Wishnowsky Kids Jersey , and mergers & acquisitions. Contracts & agreements was the most commonly adopted strategy from 2013 to July 2017. Industry players also adopted new product launches, which was the second most widely followed strategies, respectively, during the same period.




ABB Ltd. is a leading player in electrification products, discrete automation and motion, process automation, and power grid. The software required for utility asset management falls under power generation under the power grid division of ABB. This division offer solutions across industries which can optimize productivity Jalen Hurd Kids Jersey , energy efficiency, and safety of their industrial process. ABB through its power grid solutions and services segment helps utilities, industries, transport, and infrastructure to optimize their power efficiency, meeting the requirement for reliable and efficient power which is the base of utility monitoring solutions. In January 2017, ABB Ltd. (Switzerland) and Microsoft (US) have launched a new product called 鈥淎sset Health Centre 3.0鈥?which is the new addition to ABB ability range of digital solutions connecting customers to the IoT. The IoT is helping customers to have predictive and prescriptive analytics to monitor and prioritize emerging maintenance needs of utility assets.




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Siemens AG is a leading manufacturing and engineering company. The company operates its business through nine segments Deebo Samuel Kids Jersey , namely, power and gas, healthcare, energy management, digital factory, process industries and drives, mobility Nick Bosa Kids Jersey , building technologies, wind power and renewables, and financial services. Siemens AG provides utility asset management solutions under its energy management business segment.聽 . The company provides solutions, such as smart sub-station and asset performance management which are used to reduce maintenance cost and provide higher power reliability. In February 2017, Siemens AG (Germany) implemented its efficient energy management platform at the Gestamp Production plant in Spain, the UK, Poland Solomon Thomas Kids Jersey , Germany, and France. It has helped Gestamp to reduce its energy consumption by at least 15%. The energy efficiency platform is managed from the compa rid control center in the Spanish city of Seville. It helped Gestamp to reduce its CO2 emission and plan its electricity investment. Doing kitchen remodels in Boulder can be quite an ordeal. Even if you are only trying to do a few minor updates like kitchen cabinets or getting new counters, it still takes a big chunk of your time. Not to mention the fact that all of it ends up costing a pretty penny when all is said and done! No doubt it will cost you a great deal more if you neglect to take the time to plan everything out properly before you dive in and get started. It can be a real pain to line up a budget, and besides that, most of the time we have a habit of going o