Utilities in the US - Industry Market Research Report

Utilities in the US - Industry Market Research Report

  • February 2021 •
  • 49 pages •
  • Report ID: 5474237 •
  • Format: PDF
High powered: Demand for natural gas will likely grow to the detriment of coal-generated power

Abstract

Utilities in the US
Over the five years to 2018, the Utilities sector has experienced stagnant growth due to paltry electricity demand and drastic declines in the price of natural gas. Despite these negative trends, an emphasis on clean energy regulation benefited many operators in the electricity-generation industry cluster. Nevertheless, companies that generated electricity from coal did suffer due to these trends. Over the next five years, the Utilities sector is expected to pick up steam and grow more quickly. General growth in electricity demand, increasing electricity prices and a rebound in the price of natural gas are expected to provide a boon to operators in this sector. However, growth in renewable-energy generation is expected to slow.

The sector comprises operators engaged in the provision of various utility services, such as electric power, natural gas, steam supply, water supply and sewage removal. Excluded from this sector are operators primarily engaged in waste management services classified in Subsector 562, Waste Management and Remediation Services. These operators also collect, treat and dispose of waste materials; however, they do not use sewer systems or sewage treatment facilities.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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