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Electric Power Transmission, Control, And Distribution Global Market Report 2019

Starting Price : $ 4000.00 | Pages : 300 | Published : January 2019 | SKU CODE : 5350 | Format :


Electric Power Transmission, Control, And Distribution Market Characteristics

The electric power generation, transmission, and distribution market consists of sales of electric power by entities (organizations, sole traders and partnerships) that generate, transmit, and/or distribute electric power. Establishments in this market may perform one or more of the following activities: (1) operate generation facilities that produce electric energy; (2) operate transmission systems that convey the electricity from the generation facility to the distribution system; or (3) operate distribution systems that convey electric power received from the generation facility or the transmission system to the final consumer.

Competitive Landscape of the Electric Power Transmission, Control, And Distribution Market

Major players in the global electric power transmission, control, and distribution market include Duke Energy,  Engie SA,  National Grid,  NextEra,  Elctricit de France

Electric Power Transmission, Control, And Distribution Market Size

The electric power transmission, control, and distribution market size is expected to reach $3.2 trillion by 2022, significantly growing at a CAGR of around 6.7% during the forecast period. The growth in the electric power transmission, control, and distribution market is due to rise in power consumption, regulatory changes to boost electricity transmission and distribution, and investments in renewable energy.

However, the market for electric power transmission, control, and distribution is expected to face certain restraints from several factors such as rise in debts, electricity transmission and distribution losses.

Electric Power Transmission, Control, And Distribution Market Segmentation

The global electric power transmission, control, and distribution market is further segmented based on type and geography.
By Type - The electric power transmission, control, and distribution market is segmented electric power distribution and electric bulk power transmission and control, among these segments, the electric power distribution market accounts for the largest share in the global electric power transmission, control, and distribution market.
By Geography - The global electric power transmission, control, and distribution is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the Asia-Pacific electric power transmission, control, and distribution market accounts the largest share in the global Electric power transmission, control, and distribution market.
Trends in the Electric Power Transmission, Control, And Distribution Market
Adaption of collaborative robots, implementing IoT technology and smart grids are the major trends witnessed in the global electric power transmission, control, and distribution market. Potential Opportunities in the Electric Power Transmission, Control, And Distribution Market With economic growth, increasing demand for electricity from manufacturing and growing use of electricity in transportation, the scope and potential for the global electric power transmission, control, and distribution market is expected to significantly rise in the forecast period.

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