Global Power Transmission and Distribution Equipment Market 2022-2028

Global Power Transmission and Distribution Equipment Market 2022-2028

Power transmission is the large scale movement of electricity at high voltage levels from a power plant to a substation. Whereas power distribution is the conversion of high voltage electricity at substations to lower voltages that can be distributed and used by private, public, and industrial customers. The global power transmission and distribution equipment market size is projected to grow by USD 57 billion from 2022 to 2028, registering a CAGR of 5.8 percent, according to a new report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global power transmission and distribution equipment market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the power transmission and distribution equipment industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the category, product, end user, and region. The global market for power transmission and distribution equipment can be segmented by category: distribution, transmission. According to the research, the distribution segment had the largest share in the global power transmission and distribution equipment market. Power transmission and distribution equipment market is further segmented by product: capacitors, circuit breakers, fuses & equipment, inductors, insulators, meters, switchgears, transformers, others. In 2021, the switchgears segment made up the largest share of revenue generated by the power transmission and distribution equipment market. Based on end user, the power transmission and distribution equipment market is segmented into: commercial, industrial, utilities. Among these, the utilities segment was accounted for the highest revenue generator in 2021. On the basis of region, the power transmission and distribution equipment market also can be divided into: North America, Asia Pacific, Europe, Rest of the World (ROW).

By category:

• distribution
• transmission

By product:

• capacitors
• circuit breakers
• fuses & equipment
• inductors
• insulators
• meters
• switchgears
• transformers
• others

By end user:

• commercial
• industrial
• utilities

By region:

• North America
• Asia Pacific
• Europe
• Rest of the World (ROW)

The transmission by voltage market is further segmented into 100-200kV, 200-300kV, 300-400kV, above 400kV. Gen Consulting Company research indicates that the 200-300kV segment occupied the largest share of this market in 2021 and is expected to draw the highest demand in coming years. Furthermore, the distribution by voltage market has been categorized into up to 10kV, 10-20kV, above 20kV. Globally, the 10-20kV segment made up the largest share of the power transmission and distribution equipment market.

The report explores the recent developments and profiles of key vendors in the Global Power Transmission and Distribution Equipment Market, including Basler Electric Company, Bharat Heavy Electricals Limited, CG Power and Industrial Solutions Limited, Chint Group Co., Ltd., Eaton Corporation plc, Fuji Electric Co., Ltd., G&W Electric Co., General Electric Company, Hammond Power Solutions Inc., Hitachi Energy Ltd., Itron, Inc., Landis+Gyr AG, Mitsubishi Electric Corporation, Powell Industries Inc., S&C Electric Company, Schneider Electric SE, Siemens AG, TE Connectivity Ltd., Toshiba Corporation, among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global power transmission and distribution equipment market.
• To classify and forecast the global power transmission and distribution equipment market based on category, product, end user, region.
• To identify drivers and challenges for the global power transmission and distribution equipment market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global power transmission and distribution equipment market.
• To identify and analyze the profile of leading players operating in the global power transmission and distribution equipment market.

Why Choose This Report

• Gain a reliable outlook of the global power transmission and distribution equipment market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.