Utilities Global Market Briefing 2017, Historic and Forecast Revenues 2012 – 2020, Covering: Africa, America, Asia, Europe, Oceania

Utilities Global Market Briefing 2017, Historic and Forecast Revenues 2012 – 2020, Covering: Africa, America, Asia, Europe, Oceania

  • November 2016 •
  • 23 pages •
  • Report ID: 4348740 •
  • Format: PDF
The utilities industry is one of the largest and fastest growing industries in the world. The term utilities refers to electricity, natural gas, water and sewerage services consumed by the public, hospitals, schools and other institutions, agriculture, factories and commercial establishments. In some countries these services are provided commercially by national, state or municipal governments or by cooperatives; in many, however, they are provided by the private sector.

The largest geographic markets by consumption in the utilities sector are Asia, the Americas and Europe.

Asia was the largest geographic market in the utilities market, accounting for $1.5 trillion or nearly 40% of the global market.

Europe was the third largest producer of electricity, generating 3,732 TWh followed by Africa at 753 Twh. In 2014, Asia registered the highest energy consumption in the world at 6,303 Mtoe, followed by the Americas at 3337 Mtoe.

As energy demand is increasing, utilities are setting up smart grids to keep pace with rising energy demand and also to increase the efficiency, reliability and capability of the power networks. Smart grids are a variety of operational and energy measures which include smart meters, smart appliances, renewable energy sources and energy-efficient sources. They also integrate low carbon energy sources with power networks.
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