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The Global Electric Transmission & Distribution Equipment Market is projected to reach $ 254 billion by 2025. The electric transmission & distribution equipment comprise the equipment required for the transfer of electrical energy from a power generation plant to a distant electrical substation, with the help of interconnected lines, known as transmission network.Speak directly to the analyst to clarify any post sales queries you may have.
10% Free customizationThis report comes with 10% free customization, enabling you to add data that meets your specific business needs.
The key factor responsible for the growth of the Global Electric Transmission & Distribution Equipment Market includes growing demand for energy from residential, commercial and industrial segments. Moreover, rising number of electric system installations like air conditioners, lighting systems, ventilators and fire protection systems at residential and commercial places are some other factors, which are anticipated to boost the growth of electric transmission & distribution equipment across the globe over the coming years. Additionally, rapid technological advancements in transmission and distribution equipment market are expected to positively influence the market growth. Also, modernization of the electric grid is anticipated to spur the growth of the Global Electric Transmission & Distribution Equipment Market through 2025.
The Global Electric Transmission & Distribution Equipment Market will see a drop in the market value due to the COVID-19 lockdown across the globe. The market is expected to remain under pressure in 2020 on account of significant negative impact on economic activities around the world due to the pandemic.
Based on equipment type, the Global Electric Transmission & Distribution Equipment Market is segmented into wire & cable, switchgear, transformer, meter, and insulator & capacitor segments. Out of these, the wire & cable segment is anticipated to dominate the market during the forecast period. The dominance of this segment can be attributed to increasing electricity consumption in residential as well as commercial buildings. Based on voltage type, the market is dominated by low voltage segment and the segment is expected to continue its market dominance in the coming five years.
In terms of end-user segments, the market is segmented into energy and utilities, industrial, commercial and residential segments. Among them, energy and utilities segment dominated the market until 2019 and is projected to hold its dominance during the forecast period due to the increasing focus on renewable energy along with the replacement and upgradation of existing power transmission and distribution infrastructure.
Major players operating in the Global Electric Transmission & Distribution Equipment Market include ABB Ltd., Siemens AG, Mitsubishi Electric Corp., Prysmian Group, Schneider Electric, General Electric, Xian XD Switchgear Electric, Crompton Greaves, Burns and McDonnell, Power Engineering International, Sterlite Power, among others.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
The Objective of the Study:
- To analyse and forecast the market size of the Global Electric Transmission & Distribution Equipment Market.
- To classify and forecast the Global Electric Transmission & Distribution Equipment Market based on equipment type, voltage, end-user, company and regional distribution.
- To identify drivers and challenges for the Global Electric Transmission & Distribution Equipment Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Electric Transmission & Distribution Equipment Market.
- To conduct pricing analysis for the Global Electric Transmission & Distribution Equipment Market.
- To identify and analyse the profile of leading players operating in the Global Electric Transmission & Distribution Equipment Market.
The author performed both primary as well as exhaustive secondary research for this study. Initially, researchers sourced a list of manufacturers across the globe. Subsequently, the author conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the author could include the manufacturers which could not be identified due to the limitations of secondary research. The author analyzed the new products, distribution channels and presence of all major players across the globe.
The author calculated the market size of the Global Electric Transmission & Distribution Equipment Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Researchers sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Electric transmission & distribution equipment manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to electric transmission & distribution equipment
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Global Electric Transmission & Distribution Equipment Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Market, By Equipment Type:
- Wire & Cable
- Switchgear
- Transformer
- Meter
- Insulator & Capacitor
Market, By Voltage:
- Low Voltage
- Medium Voltage
- High Voltage
Market, By End-User:
- Energy and Utilities
- Industrial
- Commercial
- Residential
Market, By Region:
- North America
- United States
- Mexico
- Canada
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Middle East & Africa
- South Africa
- UAE
- Saudi Arabia
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Electric Transmission & Distribution Equipment Market.
Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.
Please note: With the Enterprise license, the PDF product is printable and editable and comes with a market data excel sheet.
Table of Contents
1. Product Overview2. Research Methodology3. Executive Summary11. Market Trends & Developments13. Strategic Recommendations
4. Global Electric Transmission & Distribution Equipment Market Outlook
5. North America Electric Transmission & Distribution Equipment Market Outlook
6. Europe Electric Transmission & Distribution Equipment Market Outlook
7. Asia-Pacific Electric Transmission & Distribution Equipment Market Outlook
8. Middle East and Africa Electric Transmission & Distribution Equipment Market Outlook
9. South America Electric Transmission & Distribution Equipment Market Outlook
10. Market Dynamics
12. Competitive Landscape
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB Ltd.
- Siemens AG
- Mitsubishi Electric Corp.
- Schneider Electric
- General Electric
- Xian XD Switchgear Electric
- Crompton Greaves
- Burns and McDonnell
- Power Engineering International
- Sterlite Power
