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Power Generation, Transmission And Control Equipment Market 2021-2030 | Business Trends, Progress Analysis, Market Insights, Key Regions, Major Players, And Forecast
The Business Research Company offers "Power Generation, Transmission And Control Equipment Global Market Report 2021: COVID-19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The power generation, transmission and control equipment market report describes and explains the global power generation, transmission and control equipment market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The power generation, transmission and control equipment market consists of sales of power generation, transmission and control equipment by entities (organizations, sole traders and partnerships) that produce power, distribution, and specialty transformers; electric motors, generators, and motor generator sets; switchgear and switchboard apparatus; relays; and industrial controls. The power generation, transmission and control equipment market is segmented into transformer; motor and generator; switchgear and switchboard apparatus and relay and industrial controls.
The global power generation, transmission and control equipment market is expected to grow from $450.24 billion in 2020 to $487.7 billion in 2021 at a compound annual growth rate (CAGR) of 8.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $615.02 billion in 2025 at a CAGR of 6%.
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Some of the major players of the power generation, transmission and control equipment market are Siemens AG, ABB Ltd, Schneider Electric SA, General Electric Corporation, Mitsubishi Electric Corporation.
The countries covered in the global power generation, transmission and control equipment market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global power generation, transmission and control equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global power generation, transmission and control equipment market is segmented -
1) By Type: Transformer, Electric Motor And Generator, Switchgear And Switchboard Apparatus, Relay And Industrial Controls
2) By End User Sector: Private, Public
Read More On The Global Power Generation, Transmission And Control Equipment Market Report:
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Power Generation, Transmission And Control Equipment Market Characteristics
4. Power Generation, Transmission And Control Equipment Market Product Analysis
5. Power Generation, Transmission And Control Equipment Market Supply Chain
…
22. Key Mergers And Acquisitions In The Power Generation, Transmission And Control Equipment Market
23. Market Background: Electrical Equipment Manufacturing Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer
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