Global Transmission & Distribution Equipment Market Growth (Status and Outlook) 2023-2029

Global Transmission & Distribution Equipment Market Growth (Status and Outlook) 2023-2029

Transmission & Distribution (T&D) Equipment is the backbone of the electric power system as it facilitates the delivery of electricity from power plants to end customers. The Transmission & Distribution (T&D) Equipment industry can be broken down into several segments, Switchgears, Transformers, Meters, Inductors & Capacitors, Others, etc.

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

This Insight Report provides a comprehensive analysis of the global Transmission & Distribution Equipment 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 Transmission & Distribution Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Transmission & Distribution Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Transmission & Distribution Equipment 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 Transmission & Distribution Equipment.

The global Transmission & Distribution Equipment market size is projected to grow from US$ 61560 million in 2022 to US$ 90590 million in 2029; it is expected to grow at a CAGR of 5.7% from 2023 to 2029.

Global key players of Transmission& Distribution include Hitachi Energy (ABB), Siemens, TBEA, GE, and China XD Group, etc. Global top five manufacturers hold a share over 15%. Asia-Pacific is the largest market in the world, accounting for about 60% of the market share. This is followed by Europe and North America, with a distribution of both over 15%. In terms of product, Transformers is the largest segment, with a share about 50%. And in terms of application, the largest application is commercial, about 55% of market share.

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

Market Segmentation:

Segmentation by type
Transformers
Switchgears
Meters
Inductors & Capacitors
Others

Segmentation by application
Commercial
Indutrial and Agiculture
Residential

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.
Hitachi Energy (ABB)
Siemens
TBEA
GE
China XD Group
Toshiba
Hyosung Heavy Industries
Mitsubishi
Pinggao Electric
Shandong Taikai
Hyundai Electric
Sieyuan Electric
Fuji Electric
Schneider
Huapeng Transformer
Eaton
DYH
SDEE
Shandong Dachi Electric
Arteche

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