Inquire Before Buying
Speak to an Analyst 
Request Brochure 
Request CustomizationIMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
Read More
Electric Power Transmission and Distribution Equipment Market Report by Equipment Type (Wire and Cable, Switchgear and Switchboard, Transformer, Meters, Insulator & Capacitor, and Others), Powerline Installation Type (Underground Installation, Overhead Installation), Voltage (Low Voltage Distribution, Medium Voltage Distribution, High Voltage Distribution), End-Use Industry (Utilities, Industrial, Residential, Commercial), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112023A2163
Year End
sale
Buy Now
Market Overview:
The global electric power transmission and distribution equipment market size reached US$ 283.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 406.1 Billion by 2032, exhibiting a growth rate (CAGR) of 4.09% during 2024-2032.
|
Report Attribute
|
Key Statistics
|
|---|---|
|
Base Year
|
2023
|
|
Forecast Years
|
2024-2032
|
|
Historical Years
|
2018-2023
|
|
Market Size in 2023
|
US$ 283.2 Billion |
|
Market Forecast in 2032
|
US$ 406.1 Billion |
| Market Growth Rate 2024-2032 | 4.09% |
Electric transmission and distribution equipment (T&D equipment) is used for transferring power and electrical energy between a power generation plant and an electrical substation located in another place. This set of equipment primarily involves switchgears, switchboards, basic and advanced meters, belts and chains, along with interconnected lines, known as transmission network, that facilitates the flow of electrical energy. It also includes cables, switches, transformers, conductors, circuits, converters, insulators and capacitors. These components are undergoing consistent technological upgradation, owing to the increasing demand for more efficient, safer and reliable transmission and distribution equipment.
The growing energy demand from residential, commercial and industrial sectors is the key factor driving the growth of the market. Widespread installation of electrical appliances such as air conditioners, ventilators, and lighting systems in commercial and residential spaces is further fueling the demand for electric power T&D equipment. Moreover, the advent of smart cities has led to the modernization of electrical grids, which is another crucial factor contributing to the market growth. Additionally, the increasing investments in renewable energy facilities and awareness regarding the need to reduce energy losses are encouraging the adoption of technologically improved equipment across the globe. Furthermore, market players are emphasizing on providing equipment at competitive prices. The lower prices will also assist in minimizing the operational costs for the end users. Other factors contributing to the market growth include rapid urbanization, increased research and development (R&D) in transformer production and prioritization of domestic energy infrastructure development by governments of several nations.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
To get more information about this market, Request Sample
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global electric power transmission and distribution equipment market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on equipment type, powerline installation type, voltage and end-use industry.
Breakup by Equipment Type:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
To get more information about this market, Request Sample
- Wire and Cable
- Switchgear and Switchboard
- Transformer
- Power
- Distribution
- Specialty
- Meters
- Basic Meter
- Smart Meter
- Insulator & Capacitor
- Others
Breakup by Powerline Installation Type:
- Underground Installation
- Overhead Installation
Breakup by Voltage:
- Low Voltage Distribution
- Medium Voltage Distribution
- High Voltage Distribution
Breakup by End-Use Industry:
- Utilities
- Industrial
- Residential
- Commercial
Breakup by Region:
To get more information on the regional analysis of this market, Request Sample
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being ABB Ltd., CG Power and Industrial Solutions Limited, Eaton Corporation Plc, General Electric Company, Hubbell Incorporated, Itron Inc., Larsen & Toubro Limited, Mitsubishi Electric Corporation, Schneider Electric SE, Siemens AG, TBEA Co., Ltd., etc.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Equipment Type, Powerline Installation Type, Voltage, End-Use Industry, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | ABB Ltd., CG Power and Industrial Solutions Limited, Eaton Corporation Plc, General Electric Company, Hubbell Incorporated, Itron Inc., Larsen & Toubro Limited, Mitsubishi Electric Corporation, Schneider Electric SE, Siemens AG and TBEA Co., Ltd. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
We expect the global electric power transmission and distribution equipment market to exhibit a CAGR of 4.09% during 2024-2032.
The emerging trend of smart cities, along with the widespread installation of electrical appliances in commercial and residential spaces, is primarily driving the global electric power transmission and distribution equipment market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in installation and production activities for electric power transmission and distribution equipment.
Based on the equipment type, the global electric power transmission and distribution equipment market has been segmented into wire and cable, switchgear and switchboard, transformer, meters, insulator & capacitor, and others. Among these, switchgear and switchboard currently holds the majority of the total market share.
Based on the end-use industry, the global electric power transmission and distribution equipment market can be bifurcated into utilities, industrial, residential, and commercial. Currently, the utility industry exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global electric power transmission and distribution equipment market include ABB Ltd., CG Power and Industrial Solutions Limited, Eaton Corporation Plc, General Electric Company, Hubbell Incorporated, Itron Inc., Larsen & Toubro Limited, Mitsubishi Electric Corporation, Schneider Electric SE, Siemens AG, TBEA Co., Ltd., etc.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
Benefits of Customization
Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-713-2163
Email: sales@imarcgroup.com
Client Testimonials
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
Read More
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
Read More
Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.
Read More.webp)
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
Read More
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
Read More
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
Read More
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
Read More
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
Read More.webp){kind=logo}
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
Read More
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.
Read More