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Power Generation, Transmission And Control Equipment Global Market Report 2022, By Type, By Application, By End User Sector
Power Generation, Transmission And Control Equipment Market
https://www.thebusinessresearchcompany.com/opportunities-and-strategies-reports
The global power generation, transmission and control equipment market report by the business research company identifies the relay and industrial control industry is increasingly adopting SCADA (Supervisory control and data acquisition) systems to enhance process efficiency and productivityto be a major growth driver for the Power Generation, Transmission And Control Equipment market. SCADA systems are used to remotely control industrial processes such as power generation, fabrication, and refining through coded signals over cloud channels. The applications of these SCADA systems are expected to rise mainly due to their scalability, ease of upgrading, the emergence of global smart grid projects, and increased use of cloud technologies.
The global power generation, transmission and control equipment market grew from $484.33 billion in 2021 to $520.77 billion in 2022 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The power generation, transmission, and control equipment market is expected to grow to $677.41 billion in 2026 at a CAGR of 6.8%.
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Asia Pacific was the largest region in the power generation, transmission and control equipment market in 2021. Western Europe was the second largest region in the power generation, transmission and control equipment market. The regions covered in the power generation, transmission and control equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major companies in the power generation, transmission and control equipment market include Siemens AG, Schneider Electric SE, ABB Ltd, Nidec Corp, General Electric Company, Mitsubishi Electric Corp, Amphenol Corp, Legrand S.A., Toshiba Corporation and Hanwha.
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 Application: Residential, Commercial, Automotive, Others
3) By End User Sector: Private, Public
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The Power Generation, Transmission And Control Equipment Market Report Contents Include
1. Executive Summary
2. Power Generation, Transmission And Control Equipment Market Characteristics
3. Power Generation, Transmission And Control Equipment Market Trends And Strategies
4. Impact Of COVID-19 On Power Generation, Transmission And Control Equipment
5. Power Generation, Transmission And Control Equipment Market Size And Growth
....
26. Africa Power Generation, Transmission And Control Equipment Market
27. Power Generation, Transmission And Control Equipment Market Competitive Landscape And Company Profiles
28. Power Generation, Transmission And Control Equipment Pipeline Analysis
29. Key Mergers And Acquisitions In The Power Generation, Transmission And Control Equipment Market
30. Power Generation, Transmission And Control Equipment Market Future Outlook and Potential Analysis
31. Appendix
This report covers the trends and market dynamics of the Power Generation, Transmission And Control Equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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