Power Transmission and Distribution Market Size, Share, and Analysis, By Product (Transformer, Transmission Tower, Switchgears, Power Cables and Wires, Others), By Transmission Cable (Underground Transmission, Sub-Transmission, Overhead Transmission), By Application (Commercial, Residential, Industrial), By Substation (Transmission, Distribution) and Regional Forecasts, 2022-2032
Power Transmission and Distribution Market Size, Share, and Analysis, By Product (Transformer, Transmission Tower, Switchgears, Power Cables and Wires, Others), By Transmission Cable (Underground Transmission, Sub-Transmission, Overhead Transmission), By Application (Commercial, Residential, Industrial), By Substation (Transmission, Distribution) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Power Transmission and Distribution Market size was USD 203.3 billion in 2021 and projected t%li%grow from USD 227.7 billion in 2023 t%li%USD 382.2 billion by 2032, exhibiting a CAGR of 5.9% during the forecast period.
Power Transmission and Distribution (T&D) is an infrastructure and a process involved in transmission of electrical power from power generating sources t%li%end users. Power Transmission and Distribution involves the equipment, systems and technologies utilized for transmission and distribution of electricity effectively across the electrical grid. The power transmission and distribution are vital for checking stable and authentic power supply, permitting proper transfer of electricity across the grid. Transmission lines are generally operated under high voltages t%li%transport electricity. Power transmission and distribution systems are important t%li%enable electrification.
MARKET HIGHLIGHTS
Power Transmission and Distribution Market is expected t%li%reach USD 382.2 billion, growing at a CAGR of 5.9% during forecast period as the transmission and distribution of power prolongs and expand. The increasing demand for electricity due t%li%the growing population is driving the growth of power transmission and distribution market. Rapid urbanization and industrialization along with the combining of renewable energy sources are expected t%li%drive the market growth. The requirement of improving aging infrastructures of power is anticipated t%li%drive investing in transmission and distribution systems.
Power Transmission and Distribution Market Segments:
Growth Drivers
Increasing Necessity of Power is Expected t%li%Boost the Growth of the Market
Increasing Resources for Transmission and Distribution is Expected t%li%Boost the Growth of the Market
Restraint
High Establishment Cost May Restrain the Growth of the Market
Key Players
PRODUCT OVERVIEW
Power Transmission and Distribution Market size was USD 203.3 billion in 2021 and projected t%li%grow from USD 227.7 billion in 2023 t%li%USD 382.2 billion by 2032, exhibiting a CAGR of 5.9% during the forecast period.
Power Transmission and Distribution (T&D) is an infrastructure and a process involved in transmission of electrical power from power generating sources t%li%end users. Power Transmission and Distribution involves the equipment, systems and technologies utilized for transmission and distribution of electricity effectively across the electrical grid. The power transmission and distribution are vital for checking stable and authentic power supply, permitting proper transfer of electricity across the grid. Transmission lines are generally operated under high voltages t%li%transport electricity. Power transmission and distribution systems are important t%li%enable electrification.
MARKET HIGHLIGHTS
Power Transmission and Distribution Market is expected t%li%reach USD 382.2 billion, growing at a CAGR of 5.9% during forecast period as the transmission and distribution of power prolongs and expand. The increasing demand for electricity due t%li%the growing population is driving the growth of power transmission and distribution market. Rapid urbanization and industrialization along with the combining of renewable energy sources are expected t%li%drive the market growth. The requirement of improving aging infrastructures of power is anticipated t%li%drive investing in transmission and distribution systems.
Power Transmission and Distribution Market Segments:
- Product
- Transformer
- Transmission Tower
- Switchgears
- Power Cables and Wires
- Others
- Transmission Cable
- Underground Transmission
- Sub-Transmission
- Overhead Transmission
- Application
- Commercial
- Residential
- Industrial
- Substation
- Transmission
- Distribution
Growth Drivers
Increasing Necessity of Power is Expected t%li%Boost the Growth of the Market
Increasing Resources for Transmission and Distribution is Expected t%li%Boost the Growth of the Market
Restraint
High Establishment Cost May Restrain the Growth of the Market
Key Players
- Larsen & Turbo
- Mitsubishi Electric
- ABB Ltd.
- Siemens
- Kirloskar Group
- Schneider Electric
- Eaton
- GE
- Crompton Greaves
- Xian XD Switchgear Electric
- Bharat Heavy Electricals Limited
- EDF
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1.Regional Market Share
1.2. Business Trends
1.3. Power Transmission and Distribution Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Power Transmission and Distribution Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. POWER TRANSMISSION AND DISTRIBUTION MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. RISK ANALYSIS
9. MARKET ANALYSIS
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. POWER TRANSMISSION AND DISTRIBUTION MARKET
10.1.Overview
10.2. Historical Analysis (2016-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.POWER TRANSMISSION AND DISTRIBUTION MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Product
11.3.1.1. Transformer
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2.Market Share (%) 2022-2032F
11.3.1.1.3.Y-o-Y Growth (%) 2022-2032F
11.3.1.2.Transmission Tower
11.3.1.2.1.By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.3.Switchgears
11.3.1.3.1.By Value (USD Million) 2022-2032F
11.3.1.3.2. Market Share (%) 2022-2032F
11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.4.Power Cables and Wires
11.3.1.4.1.By Value (USD Million) 2022-2032F
11.3.1.4.2. Market Share (%) 2022-2032F
11.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.5.Others
11.3.1.5.1.By Value (USD Million) 2022-2032F
11.3.1.5.2. Market Share (%) 2022-2032F
11.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Transmission Cable
11.3.2.1.Underground Transmission
11.3.2.1.1.By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Sub-Transmission
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2.Market Share (%) 2022-2032F
11.3.2.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Overhead Transmission
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2.Market Share (%) 2022-2032F
11.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.3. By Application
11.3.3.1.Commercial
11.3.3.1.1.By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2. Residential
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2.Market Share (%) 2022-2032F
11.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.3.3. Industrial
11.3.3.3.1. By Value (USD Million) 2022-2032F
11.3.3.3.2.Market Share (%) 2022-2032F
11.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.4. By Substation
11.3.4.1.Transmission
11.3.4.1.1.By Value (USD Million) 2022-2032F
11.3.4.1.2. Market Share (%) 2022-2032F
11.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.2. Distribution
11.3.4.2.1. By Value (USD Million) 2022-2032F
11.3.4.2.2.Market Share (%) 2022-2032F
11.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
12. NORTH AMERICA POWER TRANSMISSION AND DISTRIBUTION MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Product
12.3.2.By Transmission Cable
12.3.3.By Application
12.3.4.By Substation
12.4. Country
12.4.1.United States
12.4.2. Canada
13. EUROPE POWER TRANSMISSION AND DISTRIBUTION MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Product
13.3.2.By Transmission Cable
13.3.3.By Application
13.3.4.By Substation
13.4. Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. ASIA POWER TRANSMISSION AND DISTRIBUTION MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Product
14.3.2.By Transmission Cable
14.3.3.By Application
14.3.4. By Substation
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. MIDDLE EAST AND AFRICA POWER TRANSMISSION AND DISTRIBUTION MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Product
15.3.2.By Transmission Cable
15.3.3.By Application
15.3.4.By Substation
15.4. Country
15.4.1.Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16. LATIN AMERICA POWER TRANSMISSION AND DISTRIBUTION MARKET SIZE & FORECAST 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Product
16.3.2.By Transmission Cable
16.3.3.By Application
16.3.4.By Substation
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1. Company market share, 2021
17.2.Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.Larsen & Turbo
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Mitsubishi Electric
18.3. ABB Ltd.
18.4.Siemens
18.5. Kirloskar Group
18.6. Schneider Electric
18.7. Eaton
18.8.GE
18.9. Crompton Greaves
18.10.Xian XD Switchgear Electric
18.11.Bharat Heavy Electricals Limited
18.12.EDF
18.13.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
1.1.Regional Market Share
1.2. Business Trends
1.3. Power Transmission and Distribution Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Power Transmission and Distribution Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. POWER TRANSMISSION AND DISTRIBUTION MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. RISK ANALYSIS
9. MARKET ANALYSIS
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. POWER TRANSMISSION AND DISTRIBUTION MARKET
10.1.Overview
10.2. Historical Analysis (2016-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.POWER TRANSMISSION AND DISTRIBUTION MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Product
11.3.1.1. Transformer
11.3.1.1.1. By Value (USD Million) 2022-2032F
11.3.1.1.2.Market Share (%) 2022-2032F
11.3.1.1.3.Y-o-Y Growth (%) 2022-2032F
11.3.1.2.Transmission Tower
11.3.1.2.1.By Value (USD Million) 2022-2032F
11.3.1.2.2. Market Share (%) 2022-2032F
11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.3.Switchgears
11.3.1.3.1.By Value (USD Million) 2022-2032F
11.3.1.3.2. Market Share (%) 2022-2032F
11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.4.Power Cables and Wires
11.3.1.4.1.By Value (USD Million) 2022-2032F
11.3.1.4.2. Market Share (%) 2022-2032F
11.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
11.3.1.5.Others
11.3.1.5.1.By Value (USD Million) 2022-2032F
11.3.1.5.2. Market Share (%) 2022-2032F
11.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
11.3.2. By Transmission Cable
11.3.2.1.Underground Transmission
11.3.2.1.1.By Value (USD Million) 2022-2032F
11.3.2.1.2. Market Share (%) 2022-2032F
11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.2.2. Sub-Transmission
11.3.2.2.1. By Value (USD Million) 2022-2032F
11.3.2.2.2.Market Share (%) 2022-2032F
11.3.2.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.2.3. Overhead Transmission
11.3.2.3.1. By Value (USD Million) 2022-2032F
11.3.2.3.2.Market Share (%) 2022-2032F
11.3.2.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.3. By Application
11.3.3.1.Commercial
11.3.3.1.1.By Value (USD Million) 2022-2032F
11.3.3.1.2. Market Share (%) 2022-2032F
11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.3.2. Residential
11.3.3.2.1. By Value (USD Million) 2022-2032F
11.3.3.2.2.Market Share (%) 2022-2032F
11.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
11.3.3.3. Industrial
11.3.3.3.1. By Value (USD Million) 2022-2032F
11.3.3.3.2.Market Share (%) 2022-2032F
11.3.3.3.3.Y-o-Y Growth (%) 2022-2032F
11.3.4. By Substation
11.3.4.1.Transmission
11.3.4.1.1.By Value (USD Million) 2022-2032F
11.3.4.1.2. Market Share (%) 2022-2032F
11.3.4.1.3. Y-o-Y Growth (%) 2022-2032F
11.3.4.2. Distribution
11.3.4.2.1. By Value (USD Million) 2022-2032F
11.3.4.2.2.Market Share (%) 2022-2032F
11.3.4.2.3. Y-o-Y Growth (%) 2022-2032F
12. NORTH AMERICA POWER TRANSMISSION AND DISTRIBUTION MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Product
12.3.2.By Transmission Cable
12.3.3.By Application
12.3.4.By Substation
12.4. Country
12.4.1.United States
12.4.2. Canada
13. EUROPE POWER TRANSMISSION AND DISTRIBUTION MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Product
13.3.2.By Transmission Cable
13.3.3.By Application
13.3.4.By Substation
13.4. Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. ASIA POWER TRANSMISSION AND DISTRIBUTION MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Product
14.3.2.By Transmission Cable
14.3.3.By Application
14.3.4. By Substation
14.4. Country
14.4.1.India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. MIDDLE EAST AND AFRICA POWER TRANSMISSION AND DISTRIBUTION MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Product
15.3.2.By Transmission Cable
15.3.3.By Application
15.3.4.By Substation
15.4. Country
15.4.1.Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16. LATIN AMERICA POWER TRANSMISSION AND DISTRIBUTION MARKET SIZE & FORECAST 2022A-2032F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Product
16.3.2.By Transmission Cable
16.3.3.By Application
16.3.4.By Substation
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1. Company market share, 2021
17.2.Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.Larsen & Turbo
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Mitsubishi Electric
18.3. ABB Ltd.
18.4.Siemens
18.5. Kirloskar Group
18.6. Schneider Electric
18.7. Eaton
18.8.GE
18.9. Crompton Greaves
18.10.Xian XD Switchgear Electric
18.11.Bharat Heavy Electricals Limited
18.12.EDF
18.13.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
