Europe Utilities Asset Management Market Size, Share & Industry Trends Analysis Report By Component, By Utility Type, By Application (Transmission & Distribution Lines, Sub-station, and Others), By Country and Growth Forecast, 2022 - 2028

Europe Utilities Asset Management Market Size, Share & Industry Trends Analysis Report By Component, By Utility Type, By Application (Transmission & Distribution Lines, Sub-station, and Others), By Country and Growth Forecast, 2022 - 2028

The Europe Utilities Asset Management Market would witness market growth of 10.4% CAGR during the forecast period (2022-2028).

Using effective predictive maintenance solutions, utilities can make more informed judgments regarding when and where maintenance should be conducted, resulting in lower maintenance costs and improved planning. In addition, with the introduction of modern computational tools and smart meters, utilities acquire a vast quantity of data that may be utilized to enhance the operation of commissioned assets and maintenance plans.

Similarities exist between utilizing condition monitoring data for reliability estimation and problem diagnostics. The severity of a malfunction is crucial for diagnosis since it provides insight into the asset's remaining useful life. Identifying the degree of defects is comparable to estimating asset dependability. The purpose of this sort of research is to train mathematical failure models for subsequent use in more extensive investigations, such as reliability and maintenance optimization.

Each data mining approach serves a unique function and has its pros and downsides. When the majority of utilities attempt to implement condition-based preventive maintenance, it is evident that they are transitioning towards data-centric asset management. Condition-based asset health maintenance lends itself to vast amounts of data.

Several pipelines and seaports allow Germany to import petroleum and other liquids. The two largest pipelines are the Druzhba pipeline from Russia to Poland and Belarus, and the Trans-Alpine pipeline from Trieste, Italy to the Adriatic Sea. Wilhelmshaven, the main deep-water port in Germany, handles the majority of the country's foreign oil commerce. The German government adopted the Climate Action Program 2030 on October 9, 2019, to provide tax breaks and incentives for energy-efficient building renovations, higher subsidies for electric vehicles (EVs), and increase the adoption of the utilities asset management market.

The Germany market dominated the Europe Utilities Asset Management Market by Country in 2021; thereby, achieving a market value of $545.5 million by 2028. The UK market is exhibiting a CAGR of 9.5% during (2022 - 2028). Additionally, The France market would experience a CAGR of 11.2% during (2022 - 2028).

Based on Component, the market is segmented into Hardware (Sensors, Cameras, and Others), Software, and Services. Based on Utility Type, the market is segmented into Public Utilities and Private Utilities. Based on Application, the market is segmented into Transmission & Distribution Lines, Sub-station, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co., ABB Group, Siemens AG, Eaton Corporation, IBM Corporation, Schneider Electric SE, Fujitsu Limited, IFS AB, Getac Technology Corporation and S&C Electric Company

Scope of the Study

Market Segments covered in the Report:

By Component

  • Hardware
  • Sensors
  • Cameras
  • Others
  • Software
  • Services
By Utility Type
  • Public Utilities
  • Private Utilities
By Application
  • Transmission & Distribution Lines
  • Sub-station
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • General Electric (GE) Co.
  • ABB Group
  • Siemens AG
  • Eaton Corporation
  • IBM Corporation
  • Schneider Electric SE
  • Fujitsu Limited
  • IFS AB
  • Getac Technology Corporation
  • S&C Electric Company
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Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Utilities Asset Management Market, by Component
1.4.2 Europe Utilities Asset Management Market, by Utility Type
1.4.3 Europe Utilities Asset Management Market, by Application
1.4.4 Europe Utilities Asset Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Acquisitions and Mergers : 2020, Nov – 2022, Aug) Leading Players
Chapter 4. Europe Utilities Asset Management Market by Component
4.1 Europe Hardware Market by Country
4.2 Europe Utilities Asset Management Market by Hardware Type
4.2.1 Europe Sensors Market by Country
4.2.2 Europe Cameras Market by Country
4.2.3 Europe Others Market by Country
4.3 Europe Software Market by Country
4.4 Europe Services Market by Country
Chapter 5. Europe Utilities Asset Management Market by Utility Type
5.1 Europe Public Utilities Market by Country
5.2 Europe Private Utilities Market by Country
Chapter 6. Europe Utilities Asset Management Market by Application
6.1 Europe Transmission & Distribution Lines Market by Country
6.2 Europe Sub-station Market by Country
6.3 Europe Others Market by Country
Chapter 7. Europe Utilities Asset Management Market by Country
7.1 Germany Utilities Asset Management Market
7.1.1 Germany Utilities Asset Management Market by Component
7.1.1.1 Germany Utilities Asset Management Market by Hardware Type
7.1.2 Germany Utilities Asset Management Market by Utility Type
7.1.3 Germany Utilities Asset Management Market by Application
7.2 UK Utilities Asset Management Market
7.2.1 UK Utilities Asset Management Market by Component
7.2.1.1 UK Utilities Asset Management Market by Hardware Type
7.2.2 UK Utilities Asset Management Market by Utility Type
7.2.3 UK Utilities Asset Management Market by Application
7.3 France Utilities Asset Management Market
7.3.1 France Utilities Asset Management Market by Component
7.3.1.1 France Utilities Asset Management Market by Hardware Type
7.3.2 France Utilities Asset Management Market by Utility Type
7.3.3 France Utilities Asset Management Market by Application
7.4 Russia Utilities Asset Management Market
7.4.1 Russia Utilities Asset Management Market by Component
7.4.1.1 Russia Utilities Asset Management Market by Hardware Type
7.4.2 Russia Utilities Asset Management Market by Utility Type
7.4.3 Russia Utilities Asset Management Market by Application
7.5 Spain Utilities Asset Management Market
7.5.1 Spain Utilities Asset Management Market by Component
7.5.1.1 Spain Utilities Asset Management Market by Hardware Type
7.5.2 Spain Utilities Asset Management Market by Utility Type
7.5.3 Spain Utilities Asset Management Market by Application
7.6 Italy Utilities Asset Management Market
7.6.1 Italy Utilities Asset Management Market by Component
7.6.1.1 Italy Utilities Asset Management Market by Hardware Type
7.6.2 Italy Utilities Asset Management Market by Utility Type
7.6.3 Italy Utilities Asset Management Market by Application
7.7 Rest of Europe Utilities Asset Management Market
7.7.1 Rest of Europe Utilities Asset Management Market by Component
7.7.1.1 Rest of Europe Utilities Asset Management Market by Hardware Type
7.7.2 Rest of Europe Utilities Asset Management Market by Utility Type
7.7.3 Rest of Europe Utilities Asset Management Market by Application
Chapter 8. Company Profiles
8.1 ABB Group
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 General Electric (GE) Co.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Schneider Electric SE
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Siemens AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Eaton Corporation PLC
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.6 IBM Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional & Segmental Analysis
8.6.4 Research & Development Expenses
8.7 Fujitsu Limited
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental Analysis
8.7.4 SWOT Analysis
8.8 S&C Electric Company
8.8.1 Company Overview
8.9 IFS AB
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Acquisition and Mergers:
8.10. Getac Technology Corporation
8.10.1 Company Overview

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