PUBLISHER: MarketLine | PRODUCT CODE: 1815931
PUBLISHER: MarketLine | PRODUCT CODE: 1815931
Global Utilities industry profile provides top-line qualitative and quantitative summary information including: industry size (value , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.
The utilities industry is categorized into gas utilities, water utilities, and electricity retailing.
The gas utilities segment includes the total consumption of natural gas by end-users, excluding any distribution or transmission losses. The end-user industries include industrial, transport, residential, and commercial & public services, and others. The scope of others includes agriculture, forestry, electric power, fishing, etc. The water utilities segment consists of all water that is collected, treated, and distributed to agricultural, industrial, and residential end-users. The electricity retailing segment includes the consumption of electricity by end-users, categorized by industrial, transportation, commercial & public services, residential, and others. The scope of others includes agriculture, forestry, and the fishing industry's net electricity consumption.
All market data and forecasts are based on nominal prices, and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for a few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
The global utilities industry recorded revenues of $7,306.9 billion in 2024, representing a compound annual growth rate (CAGR) of 0.6% between 2019 and 2024.
The electricity retailing segment accounted for the industry's largest proportion in 2024, with total revenues of $3,014.8 billion, equivalent to 41.3% of the industry's overall value.
Europe accounted for 42.2% of the European utilities industry in 2024, followed by Asia-Pacific with a 30.6% share and North America with a 21.3% share.