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Power Transmission Component Market Key players in the industry include Siemens, Crompton Greaves, General Electric, Hitachi, Schneider, Mitsubishi, Hyundai, BHEL, Emerson, ZTT, L&T, Apar, Sterlite, KEC International, SAE, and Aster

10-24-2018 07:16 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc.

Power Transmission Component Market Key players in the industry

Uninterrupted & sustainable power, as on today, has an influential impact on the economic growth of a nation. Power transmission component market, in this regard, has witnessed massive expansion over the recent years, primarily driven by the demand to achieve grid security and smart grid infrastructure. In order to ensure uninterrupted electricity supply, regional governments have introduced supportive policy interventions that have played a crucial role in uplifting the overall power transmission component industry trends. In terms of revenue generation, global power transmission component market size was pegged at USD 60 billion in 2016 and is further expected to chart out a lucrative growth graph in the ensuing years. This billion-dollar industry primarily generates its revenue from the demand of power transmission components that are massively deployed in refurbishment and retrofitting projects of existing and new grid infrastructure across the globe.

Get a Sample Copy of this Report: @ https://www.gminsights.com/request-sample/detail/1151

Report Content
Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Market definition & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary

Chapter 2. Executive Summary
2.1. Power transmission component industry 3600 synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Component trends
2.1.3. Voltage level trends
2.1.4. Current level trends
2.1.5. Regional trends

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Chapter 3. Power Transmission Component Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.4. Import and export landscape (2015)
3.4.1. Electrical transformers
3.4.2. Electrical insulators
3.4.3. Insulated wires

Global inclination to sustain energy conservation coupled with supportive measures to ensure security of supply will thrust the power transmission component market size. Expansion of smart-grid networks along with supportive policy interventions will further accelerate the industry growth. In 2017, Sweden, Germany, France, UK, Germany, and Italy proposed investments over USD 130 billion with an aim to enhance smart grid adoption across the nations in compliance to the smart grid agreement.

Browse key industry insights spread across 250 pages with 354 market data tables & 10 figures & charts from the report @ https://www.gminsights.com/industry-analysis/power-transmission-components-market

Notable participants in the power transmission component market include, ABB, EATON, Toshiba, Siemens, ZTT, General Electric, KEC International, Hitachi, Schneider, Crompton Greaves, Hyundai, Mitsubishi, BHEL, L&T, Emerson, Tebian Electric Apparatus Stock, Aster, Apar, SAE, and Sterlite.

South Africa power transmission component market is anticipated to grow owing to the increasing demand for reliable and continuous electricity along with rapid micro-grid expansion. Rising infrastructural investments from international entities including the African Development Bank (ADB) and International Finance Corporation across the region will further complement the business outlook. In 2017, ADB announced investments over USD 10 billion to realize the accruing energy demand across Africa.

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research

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Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com
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