Global Electricity Transmission and Distribution Market Growth 2023-2029

Global Electricity Transmission and Distribution Market Growth 2023-2029

Electricity Transmission and Distribution systems consist of many devices used in power transmission and distribution. Such devices include switchgears, transformers, Transmission Tower, Power Cables and Wires and so on.

LPI (LP Information)' newest research report, the “Electricity Transmission and Distribution Industry Forecast” looks at past sales and reviews total world Electricity Transmission and Distribution sales in 2022, providing a comprehensive analysis by region and market sector of projected Electricity Transmission and Distribution sales for 2023 through 2029. With Electricity Transmission and Distribution sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electricity Transmission and Distribution industry.

This Insight Report provides a comprehensive analysis of the global Electricity Transmission and Distribution landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electricity Transmission and Distribution portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electricity Transmission and Distribution market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electricity Transmission and Distribution and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electricity Transmission and Distribution.

The global Electricity Transmission and Distribution market size is projected to grow from US$ 30890 million in 2022 to US$ 42220 million in 2029; it is expected to grow at a CAGR of 42220 from 2023 to 2029.

Global Electricity Transmission and Distribution key players include West Europe, North America, Far East and Southeast Asia, Latin America, India Peninsula, etc. Global top five players hold a share about 60%.

Western Europe is the largest market, with a share about 20%, followed by North America and Far East and Southeast Asia, having a total share about 30 percent.

In terms of product, Power Cables and Wires is the largest segment, with a share about 20%. And in terms of application, the largest application is Indutrial and Agiculture, followed by Residential and Commercial.

This report presents a comprehensive overview, market shares, and growth opportunities of Electricity Transmission and Distribution market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Transformers

Switchgears

Transmission Tower

Power Cables and Wires

Others

Segmentation by application

Residential

Indutrial and Agiculture

Commercial

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

ABB

SIEMENS

Alstom

Schneider

TOSHIBA

GE

Hitachi

Fuji Electric

Mitsubishi Electric

China XD Group

SYOSUNG

TBEA

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electricity Transmission and Distribution market?

What factors are driving Electricity Transmission and Distribution market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electricity Transmission and Distribution market opportunities vary by end market size?

How does Electricity Transmission and Distribution break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.