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Global Utility Asset Management Market Press Release (1)

The global utility asset management market is estimated to garner a revenue of ~ USD 13 billion by the end of 2033 by growing at a CAGR of ~11% over the forecast period, i.e., 2023 u2013 2033.

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Global Utility Asset Management Market Press Release (1)

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  1. Global UtilityAsset ManagementMarkettobePropelled Growthof Commercial and Residential Infrastructure and Steady and Considerable Growth in Global Energy Consumption by CAGR of ~11% During 2023 – 2033 Kenneth Research published a report titled “Utility Asset Management Market: Global Demand Analysis & Opportunity Outlook 2033” which delivers detailed overview of the globalutilityassetmanagementmarketintermsofmarketsegmentationbycomponent, utility type,application,and byregionandby region. Further,for thein-depthanalysis, thereportencompasses theindustry growth indicators,restraints,supplyanddemandrisk,alongwithdetaileddiscussiononcurrent and future markettrends that areassociated withthegrowthofthemarket. The global utility asset management market is expected to hold a revenue of ~ USD 13 billion by 2033, growing from ~ USD 4 billion in 2022. The market growth can be attributedtogrowthincommercial andresidential infrastructure,anincreaseinenergy

  2. consumption,theconsiderableoccurrenceofpoweroutages,anincreaseintheadoption ofrenewableenergies,and increased urbanization. For moredescriptions@https://www.kennethresearch.com/report-details/global- utility-asset-management-market/10008598 Theglobalutilityassetmanagement marketisexpectedto growataCAGRof approximately11%from2023-2033.Themarketissegmentedbyutilitytypeintopublic utilityandprivateutility.Betweenthese,thepublicutilitysegmentisanticipatedtohold the largest marketsharebytheend of2033,owingtolowerratesand highreliability. The global utility asset management market is divided into five major regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The marketinNorthAmericaisprojectedtoholdthelargestmarketsharebytheendof2033, backed by considerable growth in the adoption of digital transformation, Internet of Things(IoT)sensors,and urbanization. The research is global in nature and covers detailed analysis on the market in North America(U.S.,Canada),Europe(U.K.,Germany,France,Italy,Spain,Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest ofLatinAmerica),Asia-Pacific(China,India,Japan,SouthKorea,Indonesia,Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth&opportunityanalysis,marketplayers’competitivestudy,investment opportunities,demandforfutureoutlooketc.hasalsobeencoveredanddisplayedinthe researchreport. Worldwide IncreaseinEnergy ConsumptiontoBoostthe MarketGrowth Therewas anunforeseendecline inenergyconsumptionfollowing thepandemic. However,onlyin2021, theworldsaw areboundingofover4% inoverall energy consumption.TheAsiaPacificutilizedthemajorityoftheenergybeingconsumedwith

  3. India andChinaleading theregion.Aforemostreasonfor thegrowthinenergy consumption isthoughttobethesteady and steep increaseintheglobalpopulation. However, the high expenditure involved in installation and maintenance, a temporary hindrancetothefunctioningofheavy-dutyendusers,andthelackofskilledworkersare expectedtooperateaskeyrestraintstothegrowthoftheglobalutilityassetmanagement marketovertheforecast period. This report also provides the existing competitive scenario of some of the key players of the global utility asset management marketwhich includes company profiling of ABB, SiemensEnergy,GeneralElectricCompany, S&CElectricCompany,Lindsey Manufacturing Company dba Lindsey Systems, Fujitsu Limited, Sentient Energy, Inc., Black&VeatchHoldingCompany,EatonCorporationplc,AclaraTechnologiesLLC.,and others. The profiling enfolds key information of the companies which encompasses businessoverview,products andservices,keyfinancials andrecentnews and developments. On the whole, the report depicts detailed overview of the global utility assetmanagement marketthatwillhelpindustryconsultants,equipment manufacturers,existingplayerssearchingfor expansionopportunities,new players searching possibilities and other stakeholders to align their market centric strategies according totheongoing andexpectedtrends in thefuture. RequestReport Sample@https://www.kennethresearch.com/sample-request- 10008826 KennethResearch isaleadingserviceproviderfor strategicmarketresearch and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order toavoid futureuncertainties. ContactformoreInfo:

  4. AJDaniel Email:sales@kennethresearch.com U.S. Phone:+13134620609

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