Global Electric Power Transmission And Distribution Equipment Market Size & Outlook

The electric power transmission and distribution equipment industry worldwide is expected to reach a projected revenue of US$ 326.5 billion by 2030. A compound annual growth rate of 5.7% is expected of the worldwide electric power transmission and distribution equipment industry from 2023 to 2030.
Revenue, 2022 (US$B)
$209.7
Forecast, 2030 (US$B)
$326.5
CAGR, 2023 - 2030
5.7%
Report Coverage
Worldwide

Global electric power transmission and distribution equipment market, 2018-2030 (US$B)

Global electric power transmission and distribution equipment market highlights

  • The global electric power transmission and distribution equipment market generated a revenue of USD 209.7 billion in 2022 and is expected to reach USD 326.5 billion by 2030.
  • The market is expected to grow at a CAGR (2023 - 2030) of 5.7% by 2030.
  • In terms of segment, cables & lines accounted for a revenue of USD 54.8 billion in 2022.
  • Insulators & Fittings is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2022.
  • Country-wise, Spain is expected to register the highest CAGR from 2023 to 2030.

Global data book summary

Market revenue in 2022USD 209.7 billion
Market revenue in 2030USD 326.5 billion
Growth rate5.7% (CAGR from 2022 to 2030)
Largest segmentCables & lines
Fastest growing segmentInsulators & Fittings
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationTransformer, Switchgear, Insulators & Fittings, Cables & Lines

Other key industry trends

  • In terms of revenue, the North America accounted for 11.5% of the global electric power transmission and distribution equipment market in 2022.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Spain is the fastest growing regional market and is projected to reach USD 4.9 billion by 2030.

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Electric Power Transmission And Distribution Equipment Market Companies

Name Profile # Employees HQ Website

Global electric power transmission and distribution equipment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric power transmission and distribution equipment market will help companies and investors design strategic landscapes.


Cables & lines was the largest segment with a revenue share of 26.13% in 2022. Horizon Databook has segmented the Global electric power transmission and distribution equipment market based on transformer, switchgear, insulators & fittings, cables & lines covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Electric Power Transmission And Distribution Equipment Product Outlook (Revenue, USD Billion, 2018-2030)
    • Transformer
      • Power Transformer
      • Distribution Transformer
    • Switchgear
      • Circuit Breaker
      • Fuse
      • Distribution Control Panel
      • Others
    • Insulators & Fittings
    • Cables & Lines
    • Others
  • Global Electric Power Transmission And Distribution Equipment Sales Channel Outlook (Revenue, USD Billion, 2018-2030)
    • Indirect Channel
      • Commercial Distribution
      • Catalog Distribution
      • Retail Box Stores
      • Ecommerce
    • Direct Channel

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  • Our clientele includes a mix of electric power transmission and distribution equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global electric power transmission and distribution equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global electric power transmission and distribution equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global electric power transmission and distribution equipment market size, by regions, 2018-2030 (US$B)

Top 10 countries: Electric power transmission and distribution equipment market size, 2022 (US$B)

Global electric power transmission and distribution equipment market share, by product, 2022 & 2030 (%, US$B)

Electric power transmission and distribution equipment market: Opportunity assessment by country

Global electric power transmission and distribution equipment market, by region, 2022 (US$B)

Global electric power transmission and distribution equipment market size, by regions, 2018-2030 (US$B)

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