About Electrical Equipments
Electrical equipment in the power industry is dependent on electric current or electromagnetic field involved in generation, transmission, and distribution of electricity. In the recent years, the transformation of the global power distribution sector through reforms and infrastructure upgrades has triggered the demand for electrical equipment. Rise in environmental concerns has led to significant growth of the renewable energy sector across utilities, residential, and commercial segments worldwide.
The analysts forecast the global electrical equipment market for power distribution industry to grow at a CAGR of 8.9% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global electrical equipment market for power distribution industry for 2016-2020. To calculate the market size, the report estimates the demand for electrical equipment in the power distribution industry across the Americas, APAC, and EMEA.
The market is divided into the following segments based on geography:
The report, Global Electrical Equipment Market for Power Distribution Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Emerson Electric
- Schneider Electric
Other prominent vendors
- Carling Technologies
- General Electric
- Universal Electric
Transformation of Indian electricity sector
Lack of electrical equipment manufacturing capacity in India
Rising cyber-attacks on power grids
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
- Market overview
- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Market overview
- Market size and forecast
- Five forces analysis
- Transformation of Indian electricity sector
- Growing implementation of smart grid technology
- Increased demand for upgrade of distribution systems
- Microgrid development projects in Southeast Asia and Africa
Part 08: Market challenges
- Lack of electrical equipment manufacturing capacity in India
- High cost of upgrading distribution networks and weak financial health of DISCOMs
- Damage to distribution systems due to grid instability
Part 10: Market trends
- Rising cyber attacks on power grids
- Delay in commissioning of power projects in India
- Global electrical equipment market for power distribution industry by equipment
- Power cables
- Distribution transformers
- Smart meters
- Global electrical equipment market for power distribution industry by geography
- Electrical equipment market for power distribution industry in APAC
- Electrical equipment market for power distribution industry in EMEA
- Electrical equipment market for power distribution industry in Americas
- Competitive landscape
- Other prominent vendors
- Emerson Electric
- Schneider Electric
- List of abbreviations
List of Exhibits:
Exhibit 01: Key countries in each region
Exhibit 02: Product offerings
Exhibit 03: Global investment in various segments of power sector 2014-2035
Exhibit 04: Overview of global electrical equipment market for power distribution industry
Exhibit 05: Global electrical equipment market for power distribution industry 2015-2020 ($ billions)
Exhibit 06: Investments and distribution lines in global power distribution sector 2014-2035
Exhibit 07: Share of global investments in transmission and distribution sectors 2014-2035
Exhibit 08: Five forces analysis
Exhibit 09: AT&C and T&D losses of major global economies as of 2013
Exhibit 10: AT&C losses of India 2010-2014
Exhibit 11: Global smart grid evolution
Exhibit 12: Various operational stages of smart grids
Exhibit 13: Investment in distribution segment 2014-2035 ($ billions)
Exhibit 14: Global investment type in distribution segment 2014-2035 ($ billions)
Exhibit 15: Energy use pattern of Pwani Region in Tanzania
Exhibit 16: Impact of drivers
Exhibit 17: Electrical equipment import share by Chinese manufacturers 2013-2014
Exhibit 18: Major Indian cities and states that have awarded SCADA contracts to Chinese firms
Exhibit 19: Minimum construction cost of distribution network per mile in US ($ millions)
Exhibit 20: Maximum construction cost of distribution network per mile in US ($ millions)
Exhibit 21: Impact of drivers and challenges
Exhibit 22: Segmentation of global electrical equipment market for power distribution industry by equipment 2015 and 2020
Exhibit 23: Global electrical equipment market for power distribution industry by switchgear 2015-2020 ($ billions)
Exhibit 24: Global electrical equipment market for power distribution industry by power cables 2015-2020 ($ billions)
Exhibit 25: Global HTS power cable projects
Exhibit 26: Distribution line additions and refurbishments 2014-2035 (in km)
Exhibit 27: Global electrical equipment market for power distribution industry by distribution transformers 2015-2020 ($ billions)
Exhibit 28: Villages electrified in India from 2003 to 2015
Exhibit 29: Global electrical equipment market for power distribution industry by smart meters 2015-2020 ($ billions)
Exhibit 30: Smart meter installations in US 2007-2014
Exhibit 31: Overview of geographical segmentation 2015-2020
Exhibit 32: Electrical equipment market for power distribution industry in APAC 2015-2020 ($ billions)
Exhibit 33: Estimated distribution lines in APAC 2014-2035 (in km)
Exhibit 34: Estimated investments in distribution in APAC 2014-2035 ($ billions)
Exhibit 35: Villages and households electrified in India 2015 (%)
Exhibit 36: Electrical equipment market for power distribution industry in EMEA 2015-2020 ($ billions)
Exhibit 37: Estimated investments in distribution sector in EMEA 2014-2035 ($ billions)
Exhibit 38: Electrification rate by country in Africa
Exhibit 39: Electrical equipment market for power distribution industry in Americas 2015-2020 ($ billions)
Exhibit 40: Annual residential solar PV installations in US 2010-2015 (GW)
Exhibit 41: Estimated investment and distribution lines 2014-2035
Exhibit 42: Expected investments in distribution sector of Latin America and Brazil 2014-2035 ($ billions)
Exhibit 43: Expected total distribution line length in Latin America and Brazil 2014-2035 (in km)
Exhibit 44: Geographical presence of vendors
Exhibit 45: Other prominent vendors
The author of the report recognizes the following companies as the key players in the global electrical equipment market for power distribution industry: ABB, Eaton, Emerson Electric, Schneider Electric, and Siemens.
Other Prominent Vendors in the market are: Aggreko, Carling Technologies, General Electric, Honeywell, Universal Electric, and 3M.
Commenting on the report, an analyst from the research team said: “One of the key trends for market growth will be the delay in commissioning of power projects in India. India has a large scope for upgrading distribution networks, as the country’s T&D and AT&C losses is one of the highest in the world. India's AT&C losses stand at 22.7% and T&D losses stand at about 21.46%. Though the government had launched several schemes such as IPDS and R-APDRP in the past, implementation of power projects is delayed due to delay in transmission and sub-transmission projects. These projects are delayed due to various reasons such as the need for environmental clearances, land acquisitions, signing of PPAs, and the high cost of finance. In addition, the DISCOMs in India are not financially strong, which is one of the key reasons for implementation of projects. Distribution is considered to be the weakest link in the value chain, with DISCOM losses mounting up to $64 billion as of March 2015. The delay in commissioning of projects or hindrances at various stages will affect the revenues of companies that are involved in the contracts.”
According to the report, growing implementation of smart grid technology will be a key driver for market growth. The global electricity sector is transforming from centralized power generation to decentralized distributed power generation. This has resulted in transformation of customers into prosumers. A prosumer consumes as well as generates power, which will be supplied to the grid. In the recent years, rooftop PV has emerged as one of the fastest growing renewable energy technology in the world. Policies at state and federal levels have encouraged widespread deployment of distribution systems.
Further, the report states that damage to distribution systems due to grid instability will be a major challenge for the market. The majority of current distribution systems across the world is prone to grid failures due to aging infrastructure. The growing environmental concerns across countries have triggered massive deployment of renewables. However, renewable energy is intermittent in nature and the energy storage facilities are in the developing phase. As existing grid infrastructures are not adequate to integrate renewable energy, this has resulted in grid instability causing grid failures.
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.