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The utility vegetation management (UVM) market is growing due to increasing demand for reliable power distribution systems and the need to reduce the risk of wildfires, outages, and other disruptions caused by overgrown vegetation near power lines.
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Utility Vegetation Management Market REPORT 2024 Utility Vegetation Management Market Size, Trends and Outlook for 2024-2032 Sample Request View Report
Utility Vegetation Management Market 2024 Utility Vegetation Management Market 2024 : Industry Survey, Growth, Competitive Landscape and Forecasts to 2024 The utility vegetation management (UVM) market is growing due to increasing demand for reliable power distribution systems and the need to reduce the risk of wildfires, outages, and other disruptions caused by overgrown vegetation near power lines. UVM involves the control of trees and other vegetation around power infrastructure to ensure safe, uninterrupted electricity delivery. The market is driven by regulatory mandates, such as those from the U.S. Federal Energy Regulatory Commission (FERC), focused on maintaining safety standards and reducing power outages. Furthermore, the integration of advanced technologies like drones, GIS mapping, and AI-driven analytics for vegetation monitoring is enhancing efficiency, driving further adoption in utility companies.
Utility Vegetation Management Market 2024 MARKET FORECAST • The Utility Vegetation Management Market size was valued at USD 26.10 billion in 2023 and is expected to grow to USD 49.62 billion by 2032 and grow at a CAGR of 7.4% over the forecast period of 2024-2032. Inquiry of the Report:https://www.snsinsider.com/enquiry/3139
Utility Vegetation Management Market 2024 REGIONAL ANALYSIS North America: The U.S. and Canada are key markets, driven by stringent regulations and the increasing need to prevent power outages and wildfires, particularly in states like California. Europe: Demand is rising in countries like Germany, the UK, and France, due to growing awareness of the importance of vegetation management for grid reliability and safety. Asia-Pacific: The market is growing rapidly, led by China and India, where expanding power infrastructure and increasing urbanization are driving the need for effective vegetation management. Latin America: Emerging market, particularly in Brazil and Mexico, where utility companies are adopting vegetation management practices to improve power grid stability and reduce risks. Middle East & Africa: Growing demand in countries like South Africa and the UAE, driven by the need for more reliable power distribution in remote areas and urban centers. Browse Report: https://www.snsinsider.com/reports/utility-vegetation-management-market-3139
Utility Vegetation Management Market 2024 MAJOR PLAYERS IN THIS REPORT • Corteva (U.S.) • NM Group (U.S.) • BASF SE (U.S.) • Boultbee Vegetation Management (U.S.) • Helena Professional Products (U.S.) • Lapetus Infrastructure Services (U.S.) • Leidos (U.S.) • TRC Companies, Inc. (U.S.) • Capgemini (France) • IBM (India) • Gyient (U.S.) • GETAC (Taiwan) Request Sample Report: https://www.snsinsider.com/sample-request/3139
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