According to Stratistics MRC, the Global Electric Power Transmission and Distribution Equipment Market is accounted for $218.20 billion in 2022 and is expected to reach $340.52 billion by 2028 growing at a CAGR of 7.7% during the forecast period.
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Power and electrical energy are transferred between a power generation facility and an electrical substation situated at a different location using electric power transmission and distribution equipment. Switchgear, switchboards, basic and sophisticated meters, belts and chains, as well as interconnected lines, known as the transmission network, are the main components of this set of equipment, which facilitates the movement of electrical energy. Cables, switches, transformers, conductors, circuits, converters, insulators, and capacitors are also included. Due to the rising demand for transmission and distribution equipment that is more reliable, safe, and efficient, these components are constantly being upgraded technologically.
Some of the key players profiled in the Electric Power Transmission and Distribution Equipment Market include ABB Ltd., Acme Electric Corporation, Alstom SA, BHEL, CG Power and Industrial Solutions Limited, Cooper Power Systems, LLC, Crompton Greaves, Debian Electric Apparatus Stock Company Limited, Eaton Corporation, Echelon CORP, EMCO Limited, General Cable Corporation, General Electric, Hubbell Incorporated, Itron Incorporated, Jyoti Structures Limited, KEC International Ltd. INC, Kirloskar Ltd., Kohler Company, Larsen & Toubro Limited, Mitsubishi Electric Corporation, Osram AG, Schneider Electric SE and TBEA Co. Ltd.
Equipment Types Covered:
• Insulators & Fittings
• Cables & Lines
• Switchgear
• Transformer
• Meter
• Other Equipment Types
Installation Types Covered:
• Underground Installation
• Overhead Installation
Voltages Covered:
• Low Voltage Distribution
• Medium Voltage Distribution
• High Voltage Distribution
End Users Covered:
• Utilities
• Industrial
• Government
• Residential
• Commercial
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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