Global Energy Distribution and Transmission Market By Product Type, By Mode Of Transmission, And By Region (North America, Europe, Asia Pacific, South America, And Middle East & Africa) – Global Forecast From 2020 To 2029

“Global Energy Distribution & Transmission Market” is the title of a recently published market report compiled by MarketResearch.Biz. The report contains information and data, and inputs from both primary and secondary data sources, that have been verified and validated by experts in the target market. The report presents a thorough study of revenues, historical data, and information, key developments, and strategies by major players that offer vital insights and perspectives in to various scenarios market. Besides critical data and related information, the report includes key trends (both present and future), factors that are driving market growth, factors that are or could be potential restraints to market growth, as well as opportunities that can be leveraged for potential revenue generation in untapped regions and countries. It also covers threats or challenges for existing as well as new entrants in the market. The global energy distribution & transmission market has been segmented on the basis of product type, method of transmission, as well as regions and countries.

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The Global Energy Distribution & Transmission Market was valued at UЅD $14,956.1 Мn in 2020, and is projected to achieve a valuation of UЅD $25,545.2 Мn by 2030, at a САGR of 6.6%.

Overview:

Energy distribution & transmission refers to the different stages of carrying electricity over poles and wires from generators to a home or a business. The primary distinction between the two is the voltage level at which electricity moves in each stage.

Dynamics:

The global energy ecosystem is undergoing a significant transformation, with industry players focusing more towards the transition to cleaner, sustainable forms of energy. This is expected to lead to an exponential increase in the demand for digitized electrical components, thereby boosting future market growth opportunities for the global energy distribution & transmission industry.

Moreover, the revamping of existing power grid infrastructures in respective countries owing to the increasing demand for energy as a result of booming population figures is also a factor that is expected to further compliment the revenue growth of the global energy distribution & transmission market in the foreseeable future.

The implementation of favorable government initiatives aimed specifically at complimenting the increased incorporation of renewable energy systems is another factor that is slated to have a profound impact on the future revenue growth of the global energy distribution & transmission market.

However, in light of the recent COVID-19 outbreak, the operations of numerous industries have either been temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. The global energy distribution & transmission market is no different, and this factor is anticipated to have a negative impact on the revenue growth of this industry. Additionally, increasing variable costs associated with electrical distribution utilities, as well as the need for continual infrastructural developments are some of the other factors that may impede on the revenue growth of the global energy distribution & transmission market in the coming years.

Nonetheless, increasing investments being made by key industry players such as Aurecon, ABB, etc., towards the development of more economical, energy-efficient units is also a factor that is anticipated to further augment opportunities for market growth over the next 10 years.

Segmentation of the global energy distribution & transmission market is as follows:

In terms of product type, the conductors segment accounted for the maximum number of revenue shares of the global energy distribution & transmission market in 2020, and is expected to index the highest CAGR over the forecast period. The towers segment is also anticipated to index a high CAGR over the next 10 years.

With regards to method of transmission, the overhead lines segment accounted for the highest number of revenue shares of the global energy distribution & transmission market in 2020, and is anticipated to continue doing so over the next decade. The underground cables segment is also indicative of registering a high CAGR over the forecast period.

Regional Segmentation and Analysis:

The markets in the Asia Pacific region accounted for the maximum number of revenue shares of the global energy distribution & transmission market in 2020, and is indicative of remaining this industry’s front-runner over the next decade. The markets in Europe and North America are anticipated to register the second-, and third-highest CAGRs over the course of the forecast period.

Segmentation of the Global Energy Distribution & Transmission Market:

Segmentation by Product Type:

• Conductors
• Transformers
• Towers
• Protection Devices
• Others

Segmentation by Method of Transmission:

• Overhead Lines
• Submarine Power Cables
• Underground Cables

Segmentation by Regions:

• North America
• Europe
• APAC
• Latin America
• MEA

• ABB Ltd.
• Bharat Heavy Electricals Limited
• Alstom SA
• Diamond Power Infrastructure Limited
• General Electric Company
• Siemens Aktiengesellschaft
• Schneider Electric SE
• DAIHEN Corporation
• Eaton Corporation Plc
• Mitsubishi Electric Corporation
• PFISTERER Group
• ASTOR TRANSFORMER A.S.