The Business
Research Company’s latest report Utilities Global Market Report 2020 covers
Utilities market drivers, Utilities market trends, Utilities market segments,
Utilities market growth rate, Utilities market major players, and Utilities
market size. The report provides in-depth analysis of the impact of COVID-19 on
the Utilities industry, along with revised market numbers due to the effects of
the coronavirus.
View Complete Report:
Utilities Global
Market Report 2020 is the most comprehensive report available on this market
and will help gain a truly global perspective as it covers 60 geographies. The
chapter on the impact of COVID-19 gives valuable insights on supply chain
disruptions, logistical challenges, and other economic implications of the
virus on the market. The chapter also covers markets which have been positively
affected by the pandemic.
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The global utilities market is expected to
decline from $4558.2 billion in 2019 to $4516.9 billion in 2020 at a compound
annual growth rate (CAGR) of -1%. The decline is mainly due to economic
slowdown across countries owing to the COVID-19 outbreak and the measures to
contain it. The market is then expected to recover and grow at a CAGR of 6%
from 2021 and reach $5353.9 billion in 2023.
The global utilities market is segmented by
type into water and sewage, natural gas distribution, electric power
generation, transmission, and distribution, by type of operator into public
operator, private operator. Subsegments covered are water supply &
irrigation systems, sewage treatment facilities, steam & air-conditioning
supply, industrial and commercial natural gas distribution, household natural
gas distribution, electric power transmission, control, and distribution, power
generation.
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