As per the research, the line length at the transmission level is projected to increase and the demand for power transformers is expected to increase over the next five years. The key drivers are integration of renewable energy, shift towards higher voltage systems and upgradation of existing infrastructure. The total transmission tower market between 2017-18 and 2021-22 is estimated at over 3.5 million tonnes (high tension and mild steel). Total conductor demand is estimated at around 1.7 million tonnes for the same period. Almost 75% of this conductor demand will be at 765 kV and 400 kV voltage level. Meanwhile, the demand for switchgear will come from the additional bays required in the substations.
Distribution Equipment Market
As per the research, the country’s distribution lines and transformer capacity are expected to grow by over 2.5 million ct km and 500,000 MVA in the next five years (2017-22) driven mainly by increasing demand, various government schemes, rural electrification and increasing reliability needs. The demand for distribution poles and conductors to support this increase in distribution lines is estimated at 48 million and 8 million km between 2017-18 and 2021-22. Meanwhile, demand for energy meters is expected to be almost 200 million to meet the demand for new connections and technology upgradation.
The data sources in this report is both primary and secondary. The primary data is obtained from sources such as related ministries, industry experts, private companies, Conferences organized by us for the related sector etc. The secondary sources include annual reports of companies, industry associations, paid databases, web sites, etc. The analysts and researchers combine the information from these primary and secondary sources with their industry expertise to synthesize the data presented in the report. Surveys and interviews are also conducted for this research. For the surveys, Interviews with key players and relevant people in the sector are mainly conducted. They are mostly via telephonic as well as personal interviews.
Section I: Transmission and Distribution Market Trends and Outlook
- Executive Summary
- T&D Market Overview
- Recent Trends and Development in Equipment Market
- Programmes/Initiatives Impacting Equipment Market
- T&D Market Outlook and Projections
- Transmission Towers
- Conductors and Cables
- Power Transformers
- Reactive Power Equipment
- Distribution Poles
- Distribution Conductors & Cables
- Distribution Transformers
- Energy Meters
Each profile covers:
The existing and planned manufacturing capacity
- Product portfolio,
- Recent orders and financial performance.