Industry Analysis & Industry Trends
Industry revenue declined over the past five years, but it is forecast to grow with the ongoing economic recovery. As companies across all industries ramp up their production, demand for electricity will rise. Operators will also benefit from funding provided by public utility commissions for the development of a national smart grid and for the improvement of the electricity grid. Furthermore, after several highly publicized blackouts in the early part of the decade, legislation will encourage utilities companies to invest in new infrastructure... purchase to read more
Industry Report - Industry Key Buyers Chapter
Most electric power utilities operate in regional and local markets, resulting in a low level of market share concentration. In 2014, the four largest utilities are expected to account for less than 40.0% of industry revenue. Although profit margins increased over the past five years, profit growth was concentrated among larger utilities. This is because public utility commissions typically granted higher rates to utilities that invested in infrastructure, and only large utilities had sufficient resources to significantly expand infrastructure. Profit stagnated for smaller electricity transmission utilities.
As a result, in the five years to 2014, the number of enterprises is expected to fall on average 0.6% per year, increasing market share concentration among larger firms... purchase to read more