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The global economy is expected to go through a continued period of steady growth during the forecast period, as per The Business Research Company’s utilities market opportunities and strategies report.

The utilities market is expected to reach $5.99 trillion in 2025. The global utilities market is expected to reach $8.09 trillion in 2030, at a CAGR of 6.2%.

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Major players in the utilities market include Enel SpA, E.ON SE, Uniper SE, State Power Investment Corporation, Iberdrola, S.A.

Electric power generation companies are increasingly using batteries to store solar energy during daylight hours. These energy-storage sites consist of large lithium-ion batteries. These batteries store enough energy to serve as a back-up in case of fuel shortages. They are designed to absorb solar power and feed it back to the grid. These systems minimize the need for capital intensive power generation plants, thereby enhancing transmission and distribution efficiencies and thus reduce operational costs.

The Global Utilities Market Is Segmented:
By Type: Water And Sewage (Water Supply & Irrigation Systems, Sewage Treatment Facilities, Steam & Air-Conditioning Supply), Natural Gas Distribution (Industrial And Commercial Natural Gas Distribution, Household Natural Gas Distribution), Electric Power Generation, Transmission, And Distribution ( Electric Power Transmission, Control, And Distribution, Electricity Generation)

By Type Of Operator: Public Operator, Private Operator
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

TBRC’s Utilities Market Report Covers:

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Utilities Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough utilities market research, analyzes and forecasts utilities market size, utilities market share, utilities market players, utilities market trends, utilities market segmentation and geographies, leading competitor revenues, profiles and market shares.

TBRC’s utilities market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

The utilities market consists of sales of electric power, natural gas, steam supply, water supply, and sewage removal services by entities (organizations, sole traders, and partnerships) that provide these utilities to end consumers.

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