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)
Related Markets
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 2022 | USD 209.7 billion |
| Market revenue in 2030 | USD 326.5 billion |
| Growth rate | 5.7% (CAGR from 2022 to 2030) |
| Largest segment | Cables & lines |
| Fastest growing segment | Insulators & Fittings |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Transformer, 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 Scope
Electric power transmission and distribution equipment market segmentation & scope
Power Transformer
Distribution Transformer
Circuit Breaker
Fuse
Distribution Control Panel
Others
Insulators & Fittings
Cables & Lines
Others
Commercial Distribution
Catalog Distribution
Retail Box Stores
Ecommerce
Direct Channel
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
- Transformer
- 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
- Indirect Channel
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Target buyers of Global electric power transmission and distribution equipment market databook
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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 statistics, by regions, 2018-2030 (US$B)
Top 10 countries: Electric power transmission and distribution equipment market size, 2022 (USD Billion)
Top 10 countries: Electric power transmission and distribution equipment market size, 2022 (USD Billion)
Global electric power transmission and distribution equipment market, by region, 2022 (US$B)
Related regional statistics
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