Press release
Electricity Transmission and Distribution Market BY TOSHIBA,GE,Hitachi,Fuji Electric
The major equipment of electricity transmission and distribution are Transformers,Switchgears,
Transmission Tower,Power Cables & Wires. Complete sets of electricity transmission and distribution equipment suppliers still concentrated in ABB, Siemens, Alstom, Schneider Electronics. Other single device suppliers major include TOSHIBA,GE,Hitachi,Fuji Electric,Mitsubishi Electric,China XD Group,SYOSUNG,TBEA.
Despite the slowdown of global economic growth in recent years,the electricity infrastructure investment of each country still keep on stable growth.The growth of transformers will be faster than other key equipment.The transformers used in transmission and distribution industry will grow to 35.2billion USD in 2020 .The switchgears used in transmission and distribution industry will grow to 38.4billion USD,the Transmission Tower and Power Cables & Wires market will grow to 29.9 billion USD and 42.1billion USD.
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According to the electricity infrastructure investment plan of each country, Africa ,India and some emerging markets still have great potential for growth in the future. Due to the clear global recovery trend, investors are still optimistic about this area.
Although electricity transmission and distribution industry have a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend to enter this market.
The worldwide market for Electricity Transmission and Distribution is expected to grow at a CAGR of roughly 4.5% over the next five years, will reach 34300 million US$ in 2023, from 26400 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
ABB
SIEMENS
Alstom
Schneider
TOSHIBA
GE
Hitachi
Fuji Electric
Mitsubishi Electric
China XD Group
SYOSUNG
TBEA
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Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Transformers
Switchgears
Transmission Tower
Power Cables & Wires
Others
Market Segment by Applications, can be divided into
Residential
Indutrial and Agiculture
Commercial
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