Pune, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Electricity Transmission and Distribution Market report delivers a complete overview of key components like drivers, limitations, historic and current trends, technical development, and future growth. Research report contains company analysis, size, share, revenue and sales of the company, current advancements. Electricity Transmission and Distribution market analysis also focuses on the global key top industry players in the market, with details such as company profiles, capacity, production, price, cost, revenue.
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Electricity Transmission and Distribution systems consist of many devices used in power transmission and distribution. Such devices include switchgears, transformers, Transmission Tower, Power Cables and Wires and so on.
Due to the COVID-19 pandemic, the global Electricity Transmission and Distribution market size is estimated to be worth USD 33090 million in 2022 and is forecast to a readjusted size of USD 42840 million by 2028 with a CAGR of 4.4% during the review period.
The top players are concentrating mostly on technical developments in order to increase efficiency. The long-term growth patterns for this market can be taken by continuing the current development progresses and financial strength to participate in the best strategies.
- ABB
- SIEMENS
- Alstom
- Schneider
- TOSHIBA
- GE
- Hitachi
- Fuji Electric
- Mitsubishi Electric
- China XD Group
- SYOSUNG
- TBEA
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Electricity Transmission and Distribution market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Electricity Transmission and Distribution market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
- Transformers
- Switchgears
- Transmission Tower
- Power Cables and Wires
- Others
Segment by Application
- Residential
- Indutrial and Agiculture
- Commercial
In terms of product, Power Cables and Wires is the largest segment, with a share about 20%. And in terms of application, the largest application is Industrial and Agriculture, followed by Residential and Commercial.
Electricity Transmission and Distribution market reports offers key study on the market position of the Electricity Transmission and Distribution manufacturers with facts and figures, definition, expert opinions and the latest expansions through the globe. The report also calculates the market size, sales, price, revenue, gross margin and market share, cost structure and growth rate.
By Region
- North America
- Europe
- Latin America
- Middle East and Africa
- China
- Japan
- South Korea
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Global Electricity Transmission and Distribution key players include West Europe, North America, Far East and Southeast Asia, Latin America, India Peninsula, etc. Global top five players hold a share about 60%.
Western Europe is the largest market, with a share about 20%, followed by North America and Far East and Southeast Asia, having a total share about 30 percent.
TOC of Global Electricity Transmission and Distribution Market Insights and Forecast to 2028
1 Study Coverage
2 Global Electricity Transmission and Distribution Production
3 Global Electricity Transmission and Distribution Sales in Volume & Value Estimates and Forecasts
4 Competition by Manufactures
5 Market Size by Type
6 Market Size by Application
7 North America
8 Europe
9 Asia Pacific
10 Latin America
11 Middle East and Africa
12 Corporate Profiles
13 Industry Chain and Sales Channels Analysis
14 Market Drivers, Opportunities, Challenges and Risks Factors Analysis
15 Key Finding in The Global Electricity Transmission and Distribution Study
16 Appendix
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