PPT: Electric Power Transmission and Distribution Equipment Market to Witness during 2021-2026

Global Electric Power Transmission and Distribution Equipment Market Research Report and Forecast 2021-2026

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Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group

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Report Description and Highlights

Report Description

Global Electric Power Transmission and Distribution Equipment Market Outlook 2026: According to the latest report by IMARC Group, titled “ Electric Power Transmission and Distribution Equipment Market: Global Industry Trends, Share, Size, G rowth, Opportunity and Forecast 2021-2026 ,” the global electric power transmission and distribution equipment market size reached US$ 152.5 Billion in 2020.

Electric power transmission and distribution (T&D) equipment assists in transporting and delivering electrical energy from the utility generating station to different outlets. It facilitates the flow of electrical energy and the distributed power is then consumed domestically and industrially for the generation of light and heat and the operation of other electrical devices. At present, there is a rise in the demand for efficient, reliable, and safer T&D equipment across the world.

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Report Description and Highlights

Report Description

Global Electric Power Transmission and Distribution Equipment Market Trends: The increasing utilization of electrical appliances, such as ventilators, air conditioners and lighting systems, in residential and commercial spaces represents one of the primary factors creating a positive market outlook. Besides this, rising investments in smart cities by governing agencies of numerous countries have resulted in the modernization of electrical grids.

This, in confluence with the growing environmental concerns and increasing investments in renewable energy, is strengthening the market growth. Furthermore, the key players are focusing on introducing equipment at competitive prices to expand their overall market reach. Other factors anticipated to drive the product demand include rapid urbanization and increasing research and development (R&D) activities for the development of energy infrastructure.

Looking forward, IMARC Group expects the market to continue its moderate growth during the forecast period (2021-2026).

Report Description and Highlights Report Description Market Summary: Breakup by Equipment Type: • Wire And Cable • Switchgear And Switchboard • Transformer • Meters • Insulator & Capacitor Breakup by Powerline Installation Type: • Underground Installation • Overhead Installation Breakup by Voltage: • Low Voltage Distribution • Medium Voltage Distribution • High Voltage Distribution

Report Description and Highlights Report Description Breakup by End-Use Industry: • Utilities • Industrial • Residential • Commercial Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America

Report Description and Highlights Report Description Competitive Landscape With Key players: • ABB Ltd • Alstom SA • CG Power and Industrial Solutions Limited • Eaton Corporation • EMCO Limited • General Electric • Hubbell Incorporated • Itron Incorporated • Kohler Company • Larsen & Toubro Limited • Mitsubishi Electric Corporation • Schneider Electric SE • Siemens AG • TBEA Co. Ltd View Report TOC, Figures and Tables: https://www.imarcgroup.com/electric-power-transmission-distribution-equipment-market

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Report Description and Highlights

Report Description

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