Global Electric Power Transmission And Distribution Equipment Market Size & Outlook
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 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 23.0 | 23.9 | 23.8 | 23.9 | 24.2 | 24.7 | 25.4 | 26.1 | 26.9 | 27.7 | 28.7 | 29.8 | 30.9 | 3.1% |
| Europe | 39.2 | 41.3 | 41.9 | 42.7 | 43.9 | 45.6 | 47.6 | 49.8 | 52.3 | 55.0 | 58.1 | 61.5 | 65.2 | 5.1% |
| Asia Pacific | 92.2 | 98.9 | 102.2 | 106.2 | 111.3 | 117.8 | 125.3 | 133.5 | 142.6 | 152.7 | 164.2 | 176.9 | 190.8 | 7.0% |
| Latin America | 11.1 | 11.5 | 11.5 | 11.5 | 11.6 | 11.9 | 12.1 | 12.5 | 12.8 | 13.2 | 13.6 | 14.0 | 14.5 | 2.8% |
| MEA | 17.4 | 18.1 | 18.2 | 18.3 | 18.7 | 19.2 | 19.8 | 20.5 | 21.2 | 22.1 | 23.0 | 24.0 | 25.1 | 3.8% |
| Overall | 183.0 | 193.7 | 197.5 | 202.7 | 209.7 | 219.2 | 230.2 | 242.3 | 255.8 | 270.7 | 287.6 | 306.3 | 326.5 | 5.7% |
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