Expanding Population Fuels Demand for Utility Services, According to a New Report by Global Industry Analysts, Inc.

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Overall utility industry is anticipated to grow rapidly, propelled by expanding global economies and rising demand for public utility services from a burgeoning worldwide population. Regulatory reforms, environmental concerns, and price reviews continue to shape trends in the global utilities market.

The Utilities industry is influenced by factors such as privatization, consolidation, and regulatory pressure. Availability of increased choices for the consumer, rise in environmental efficiencies, and competitive pricing are the result of privatization wave in the utilities industry. Characterized by vast infrastructure requirements and high fixed costs, the utilities market offers competitive advantage to large businesses, while smaller suppliers tend to struggle for survival.

Faced with severe supply shortfall, be it in natural gas, water or power sectors, utility companies are focusing on security of supply and lowering dependence on imports by channeling massive investments, a move that is anticipated to facilitate technological advancements, improve infrastructure, and enhance profitability of utility companies. Electric utility companies are presently in a disintegration phase that is expected to hit regional monopolies in power generation and supply sector. Demand fluctuations, regulatory restrictions, price volatility, and intense competition from new entrants are expected to encourage industry disintegration. The deregulation move is aimed at encouraging competition among suppliers, bring down prices, and promote utilization of environment-friendly products, in an industry dominated by regional government-controlled monopolies.

Utility industry is progressively leveraging productivity enhancements proffered by information technology (IT), evident by constant increase in IT expenditure. Major areas of growth for IT in utilities industry include mobile computing solutions, optimization, and asset management. Water, the fastest growing utility segment, is highly regulated with stringent norms for water quality and concentration, effluent channels, and wastewater treatment. Price regulations and infrastructure development mandates characterize the industry, as a result of which majority of the water utility companies are state-owned and operate as virtual monopolies. Factors driving growth of water utilities market in developed countries include increased investment to replace centuries-old infrastructure, and the need to comply with environmental legislation. In developing countries, the need to provide safe water and sanitation for a growing population is the principal driving force for the sector.

Energy and efficiency are emerging as the primary drivers for the mushrooming demand in electricity utilities industry. While industrialized economies are treading the 'efficiency' route, developing nations are focusing on 'energizing' their economic and industrial growth. Asia is emerging as the most prolific user of electricity, driven by increasing investments, fast paced economic growth, and rising standards of living. Rising demand for 'greener' electric utilities, and steps taken towards liberalization of the sector are anticipated to boost growth prospects and enhance competition.

The report titled "Utilities: A Global Outlook" provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report provides a quick primer on the industry's structure, and its segments. Global market discussions are lined up with brief summarizations of up-to-date noteworthy issues and trends in each of the identified market segments. The reader stands to gain actionable insights into the US market with discussion in this section punctuated with 9 data rich tables and pictorial representations for easier understanding. The report recapitulates the recent mergers, acquisitions, and other select strategic corporate developments in addition to providing an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 407 companies worldwide.

For more details about this research report, please visit http://www.strategyr.com/Utilities_Industry_Market_Report.asp.

About Global Industry Analysts, Inc.:
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site http://www.StrategyR.com


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