Utility Asset Management Market 2022: A Guide to Competitive Landscape Will Dissly Youth Jersey , Key Country Analysis, state funding initiatives by almiracoyne · March 6, 2019
The global utility asset management market is projected to grow at a CAGR of 8.25%, from 2017 to 2022. The North American market is estimated to be the largest for utility asset management, followed by Europe in 2017. The growth of the utility asset management market is driven by growing investments in distributed generation, upgradation of aging utility infrastructure, and maximizing the reliability of the power infrastructure.
Don鈥檛 miss out on business opportunities in Utility Asset Management Market. Download PDF Brochure and gain crucial industry insights that will help your business grow:
The utility asset management market is dominated by comprehensive players. The key players operating in this market include Siemens AG (Germany) Rashaad Penny Youth Jersey , ABB, Ltd. (Switzerland), General Electric (US), S&C Electric (US), and Sentient Energy (US).
Browse 79 Market Data Tables and 32 Figures spread through 147 Pages and in-depth TOC on “Utility Asset Management Market by Application (Transformer, Sub-Station, Transmission & Distribution Lines) Kam Chancellor Youth Jersey , Component (Hardware, Software), Utility Type (Public Utility, Private Utility), and Region – Global Forecast to 2022”
View more detailed TOC @
Major strategies adopted by the players include contracts & agreements, new product launches, expansions Doug Baldwin Youth Jersey , and mergers & acquisitions. Contracts & agreements was the most commonly adopted strategy from 2013 to July 2017. Industry players also adopted new product launches, which was the second most widely followed strategies, respectively, during the same period.
ABB Ltd. is a leading player in electrification products, discrete automation and motion, process automation, and power grid. The software required for utility asset management falls under power generation under the power grid division of ABB. This division offer solutions across industries which can optimize productivity Earl Thomas III Youth Jersey , energy efficiency, and safety of their industrial process. ABB through its power grid solutions and services segment helps utilities, industries, transport, and infrastructure to optimize their power efficiency, meeting the requirement for reliable and efficient power which is the base of utility monitoring solutions. In January 2017, ABB Ltd. (Switzerland) and Microsoft (US) have launched a new product called sset Health Centre 3.0?which is the new addition to ABB ability range of digital solutions connecting customers to the IoT. The IoT is helping customers to have predictive and prescriptive analytics to monitor and prioritize emerging maintenance needs of utility assets.
Request Sample Copy @
Siemens AG is a leading manufacturing and engineering company. The company operates its business through nine segments 12th Fan Youth Jersey , namely, power and gas, healthcare, energy management, digital factory, process industries and drives, mobility Shaquem Griffin Youth Jersey , building technologies, wind power and renewables, and financial services. Siemens AG provides utility asset management solutions under its energy management business segment. . The company provides solutions, such as smart sub-station and asset performance management which are used to reduce maintenance cost and provide higher power reliability. In February 2017, Siemens AG (Germany) implemented its efficient energy management platform at the Gestamp Production plant in Spain, the UK, Poland Russell Wilson Youth Jersey , Germany, and France. It has helped Gestamp to reduce its energy consumption by at least 15%. The energy efficiency platform is managed from the company smart grid control center in the Spanish city of Seville. It helped Gestamp to reduce its CO2 emission and plan its electricity investment. Let us share a strange thing with you all today. A couple of years back also a very less number of individual investors were aware of the investment vehicle called commodities. They mostly used to opt for equities, mutual funds and bonds and keep commodities as their last choice of resource. Wasn't that strange? But now with the passage of time, the game is turning around. People (investors) have become much more aware of commodities investment than before and even willing to indulge in it due to the recent volatility in the stock market.
Besides this, many individuals are also investing in commodity Exchange Traded Funds (ETFs). Commodity ETFs either invest in a single commodity or in futures contracts that track the performance of a particular commodity or a group of commodities. This means, when an investor purchases a commodity ETF, he does not own a physical asset but owns a set of contracts instead that is being backed by the commodity itself.
Now coming to the point that why investing in commodities is a good idea for an individual investor Tedric Thompson Womens Jersey , the prices of commodities like crude oil, gold, and silver tend to go high during the time of inflation or when the nation's currency loses value. Since the prices of commodities are no way related to the prices of stocks and real estate, they tend to operate differently. An Investment portfolio consisted of 5% to 10% commodities can overcome any losses incurred by equities, mutual funds or any other financial tool.
O.C., California Forum
Thema drucken
14.03.2019 10:13
Antworten
