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Market Research Report

Electric Transmission & Distribution Equipment Market: Global Industry Analysis, Segmentation (By Product Type, By Voltage, By End-Use Industry, & Region) With Market Size, Demand, Growth Drivers, & Competitive Outlook For Forecast Period 2017-2025

Published On : 2018-07-12 Report Page : 280 Category: Energy Resources

Global Electric Transmission and Distribution Equipment Market 2017-2025

Market Overview

Increasing demand for energy from residential, commercial and industrial applications, there is growing advancement in the electric transmission and distribution (T&D) technology. High demand, high level of safety, flexibility throughout the life cycle, and low costs must be taken into consideration in order to efficiently supply the electricity. Growing number of installation of the electric system at commercial and residential places such as air conditioners, ventilators, lighting system and fire protection system is majorly impacting the electric T&D. Modernization in the electric grid and the technological advancement of T&D equipment are the major driving factors in the growth of the market. In total, the 3 factors i.e. electrification of large sectors of the economy, decentralization of the system to make the customer as involved and digitization of the grids and meters, combinedly supports the growth of electric T&D equipment market.

Further, electric meter plays a crucial role in the T&D of power in order to analyze the total power transmitted and consumed across the various application. The trend of transforming the transportation economy towards using electric vehicles fuels the opportunity for the development and advancement of T&D equipment. Goldstein Research analyst forecast that the global electric transmission and distribution equipment market is set to reach nearly USD 312 billion by 2024, growing at a CAGR of 6.41% over the forecast period (2017-2025).

Global Electric Transmission and Distribution Equipment Market Segmentation

By Product Type

  • Wire & Cable
  • Switchgear
  • Transformer
    • Power
    • Distribution Specialty
  •  
  • Meter
    • Basic Meter
    • Smart Meter
  • Insulator & Capacitor

Wire and cable segment accounted for the largest market share of 29.4% in 2017 as they have the primary role in the transmission and distribution of power. Over the forecast period meters segment is expected grow at a CAGR of 8.7% to acquire over the larger market share on account of rising smart grids.

By Voltage

  • Low Voltage
  • Medium Voltage
  • High Voltage

By End-User

  • Energy and Utilities
  • Industrial
  • Commercial
  • Residential

By Geography

  • North America (U.S. & Canada)  Electric Transmission and Distribution Equipment Market {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest Of Latin America)  Electric Transmission and Distribution Equipment Market {Market Share (%), Market Size (USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe)  Electric Transmission and Distribution Equipment Market {Market Share (%), Market Size (USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia)  Electric Transmission and Distribution Equipment Market {Market Share (%), Market Size (USD Billion)}
  • The Middle East & Africa (GCC, South Africa, North Africa, Romea) Electric Transmission and Distribution Equipment Market {Market Share (%), Market Size (USD Billion)}

Based on geography, North America accounted for the largest market share as the U.S. alone total T&D equipment exports accounted for USD 2.0 billion. Further, Mexico tops the T&D equipment sub-sector rankings, as it benefits from the established power distribution channels, same grid frequency operation, closer proximity to the United States and high demand for electricity. Thus, Latin market, Asia-Pacific and African market are more likely to grow after the US, due to the fact of high population and development towards better performing T&D equipment. 

Covered In This Global Electric Transmission and Distribution Equipment Market Report

The report covers the present ground scenario and the future growth prospects of the electric transmission and distribution equipment market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.

Global Electric Transmission and Distribution Equipment Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Global electric transmission and distribution equipment market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Electric Transmission and Distribution Equipment Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.

Our Global electric transmission and distribution equipment market report comprises of the following companies as the key players: ABB, GE-Alstom, Prysmian, Schneider Electric, Siemens, Burns and McDonnell, 3m, Power Engineering International, Sterlite Power, etc.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key questions answered in this Global Electric Transmission and Distribution Equipment Market Report

  • What is the total market size by 2025 and what would be the expected growth rate of the market?
  • What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry-level players?
  • What are the recent developments and business strategy of the key players?

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Electric Transmission & Distribution Equipment Market: Global Industry Analysis, Segmentation (By Product Type, By Voltage, By End-Use Industry, & Region) With Market Size, Demand, Growth Drivers, & Competitive Outlook For Forecast Period 2017-2025

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

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A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements