DUBLIN--(BUSINESS WIRE)--The "Utilities Global Market Report 2019" report has been added to ResearchAndMarkets.com's offering.
Global Utilities Market Report 2019 provides the strategists, marketers and senior management with the critical information they need to assess the global utilities market.
Where is the largest and fastest growing market for the utilities? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Utilities market global report answers all these questions and many more.
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 electric power, natural gas, steam supply, water supply, and sewage removal services. The market excludes waste management and remediation services which collect, treat, and dispose of waste materials; but do not use sewer systems or sewage treatment facilities.
Asia Pacific was the largest region in the global utilities market, accounting for 41% of the market in 2018. Western Europe was the second largest region accounting for 22% of the global utilities market. Africa was the smallest region accounting for 3% of the market.
One of the major trends shaping the utilities market include energy storage in batteries. 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.
For example, San Diego Gas & Electric operations center has installed energy-storage systems with big batteries to store electric power. Arizona Public Service Co. has installed a $2 million battery system in Phoenix to store energy. In 2016, lithium-ion battery prices fell by 70% and are expected to shrink further in future, thus driving their use in power grids.
9.1. Global Utilities Market, 2018, By Region, Value ($ Billion)
9.2. Global Utilities Market, 2014 - 2022, Historic And Forecast, By Region
9.3. Global Utilities Market, Growth And Market Share Comparison, By Region
10.1. Global Utilities Market, Segmentation By Type, 2014 - 2022, Value ($ Billion)
10.1.3. Electric Power Generation, Transmission, And Distribution
11.1. Global Water And Sewage Market, Segmentation By Type, 2014 - 2022, Value ($ Billion) - Water Supply & Irrigation Systems, Sewage Treatment Facilities, Steam & Air-Conditioning Supply
11.2. Global Natural Gas Distribution Market, Segmentation By Type, 2014 - 2022, Value ($ Billion) - Industrial And Commercial Natural Gas Distribution, Household Natural Gas Distribution
11.3. Global Electric Power Generation, Transmission, And Distribution Market, Segmentation By Type, 2014 - 2022, Value ($ Billion) - Electric Power Transmission, Control, And Distribution, Electricity Generation
12.1. Utilities Market Size, Percentage Of GDP, 2014 - 2022, Global
12.2. Per Capita Average Utilities Market Expenditure, 2014 - 2022, Global
For more information about this report visit https://www.researchandmarkets.com/r/q1872h