Digital Transformation Trends in Energy & Utilities
Digital Transformation Trends in Energy & Utilities
Summary
Rising costs and tremendous competitive pressure have forced the hands of energy and utility companies to finally keep up with times of equipping themselves with necessary tools to become an intelligent and agile industry. With the industry on the brink of wide scale digital transformation, companies are poised to choose from an extensive array of technological trends for the ongoing digitization.
Insights, real world examples of innovation and implementation of disruptive technologies across the value chain.
Scope
- Digital Transformation in Energy & Utilities enables DigData-driven analysis and insights to enhance operations, inspections and maintenance, thereby reducing production and investment costs.
- Advanced data analytics platform will detect anomalies in real-time to increase the environmental health and safety in Energy & Utilities.
Reasons to buy
- Gain insights into disruptive technologies in Energy & Utilities sector.
- Gain insights into Market Drivers & Inhibitors of Digital Transformation in Energy & Utilities .
- Gain insights into Key Trends, Value Chain and Use Cases of Digital Transformation in Energy & Utilities
- Gain insights into future outlook of Digital Transformation in Energy & Utilities.
Companies Mentioned in the Report
Brtish Petroleum
ThoughtTrace
Exelon
Carbon Relay
National Grid
United Utilities
Stem
ExxonMobil
Beyond Limits
Total
Royal Dutch Shell
Maana
Dubai Electricity and Water Authority (DEWA)
MicroSeismic
Severn Trent
Chevron
Saudi Aramco
Gazprom
Singapore Power Group
ConsenSys
WePower
Acciona Energy
KEPCO (Korea Electric Power Corporation)
Abu Dhabi National Oil Company (ADNOC)
Motionwerk
IKEA
SolaRoad
Origin Energy
The Housing & Development Board (HDB) of Singapore
Proxxi
Enlighted
Igloo Energy
Northumbrian Water Group (NWG)
Enel Green Power North America (EGPNA)
Keppel Offshore and Marine Ltd (Keppel O&M)
Re-Gen Robotics
SkyX
Minesto
Eelume
Createc
ABB
Equinor
Massachusetts Institute of Technology
ControlScan
ControlScan
Immaterial Labs
Gas Pos
AlienVault
Polysolar
Safetech Innovations
Seven Lakes Technologies
Xylem
Energy & Utilities: Transformation Strategy
Energy & Utilities: Key Benefits
Energy & Utilities: Utility Ecosystem
Energy & Utilities: Oil & Gas Ecosystem
Energy & Utilities: Key Trends
Energy & Utilities: Market Drivers & Inhibitors
Energy & Utilities: Technology and Use Cases
Energy & Utilities: Artificial Intelligence
Energy & Utilities: Blockchain
Energy & Utilities: Connected Devices & IoT
Energy & Utilities: Robotics & Drones
Energy & Utilities: Other Emerging Technologies
Energy & Utilities: Future Outlook
Research Methodology
The research study released with title "Digital Transformation Trends in Energy & Utilities" involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Key Executives Interviewed
Research Programs/Design
| Historical Data (2017-2022E) |
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| Market Factor Analysis |
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| Market Forecast (2023F-2028F) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate and estimate the global/regional market size by manufacturers, regional splits, product segments and application.
To establish Research coverage of the study with most relevant & functional players HTF MI follows industry standards such as NAICS/SIC/ICB/TRCB, furthermore the sorted list of companies is validated using Product Mapping and business activities and shortlisted by industry perspective.
HTF MI select experienced analyst and associate that are specialized in the domain for conducting research. They prepare a list of companies by region that helps to understand players penetration rate in the market. This companies are further analyses in what segment or application they serve in our market. The list of product and applications are evaluated for each companies dealing in the Digital Transformation Trends in Energy amp Utilities. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand company’s positioning regarding market value, volume and their market share for regional as well as global. Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Online) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc from Digital Transformation Trends in Energy amp Utilities who then work towards appointment generation.
Primary Data Collection
The primary research is performed by taking the interviews of executives of various companies dealing in the Digital Transformation Trends in Energy amp Utilities as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and relevant list of appointee or target primary respondents; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & In Mail, Community Forums, Open Survey, SurveyMonkey etc.
Secondary Sources
The secondary resources considered in the Digital Transformation Trends in Energy amp Utilities study includes company annual reports, press releases, published articles of organizations and associations, and the survey taken through different mediums such as online website and forums, survey monkey, LinkedIn, etc. In addition, the valuable strategic information obtained from industry association, paid database, and investor presentations are also good tool for information to make appropriate iterative validation are used to modify market models and cross-verify primary research and insights.
Market Breakdown and Data Triangulation
To make market engineering data complete; extensive primary research is conducted to gather information and validate the critical numbers derived to be used for calculations of market statistics; market size estimations; forecasting; breakdown; and data triangulation. Both top-down and bottom-up approaches were applied, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Furthermore qualitative and further quantitative analysis is also done for all the numbers arrived at in the market estimation process to list relevant information in the final deliverable report "Digital Transformation Trends in Energy & Utilities" .
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Key Information from Primary Sources
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| Format | Properties | |
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| 1-User Access | The report is sent in PDF format. The report will be emailed to you. | This is a single user access license, allowing one specific user to access the report. |
| Site User | The study would be provided in PDF format. The report will be emailed to you. | This is a site license, allowing 1-10 employees within your organisation to access the report. |
| Enterprise User | The format of deliverable would be PDF and Excel. | This is an enterprise or corporate license, allowing all employees within your organisation irrespective of geographic location to access the report. |
