Global Electric Power Transmission and Distribution Equipment Market to Grow at 4.7% During 2022-2027, Catalyzed by Modernization of Electrical Grids

April 15, 2021

According to the latest report by IMARC Group, titled “Electric Power Transmission and Distribution Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global electric power transmission and distribution equipment market is expected to exhibit a CAGR of 4.7% during 2022-2027. Electric power transmission and distribution (T&D) equipment assists in transporting and delivering electrical energy from the utility generating station to different outlets. It facilitates the flow of electrical energy and the distributed power is then consumed domestically and industrially for the generation of light and heat and the operation of other electrical devices. At present, there is a rise in the demand for efficient, reliable, and safer T&D equipment across the world.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Electric Power Transmission and Distribution Equipment Market Trends:

The increasing utilization of electrical appliances, such as ventilators, air conditioners and lighting systems, in residential and commercial spaces represents one of the primary factors creating a positive market outlook. Besides this, rising investments in smart cities by governing agencies of numerous countries have resulted in the modernization of electrical grids. This, in confluence with the growing environmental concerns and increasing investments in renewable energy, is strengthening the market growth. Furthermore, the key players are focusing on introducing equipment at competitive prices to expand their overall market reach. Other factors anticipated to drive the product demand include rapid urbanization and increasing research and development (R&D) activities for the development of energy infrastructure.

Market Summary:

  • Based on the equipment type, the market has been categorized into wires and cables, switchgear and switchboards, transformers (power, distribution, and specialty), meters (basic and smart meters), insulators and capacitors, and others.
  • On the basis of the powerline installation type, the market has been bifurcated into underground and overhead installations.
  • Based on the voltage, the market has been segmented into low, medium, and high voltage distribution.
  • On the basis of the end use industry, the market has been classified into utilities, industrial, residential and commercial segments.
  • Region-wise, the market has been segregated into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (the United Kingdom, Germany, France, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa.
  • The competitive landscape of the market has been examined, with some of the key players being ABB Ltd., ALSTOM Holdings, CG Power and Industrial Solutions Limited, Eaton Corporation Plc, EMCO Limited, The General Electric Company, Hubbell Incorporated, Itron Inc., KOHLER Co., Larsen & Toubro Limited, Mitsubishi Electric Corporation, Schneider Electric SE, Siemens AG and TBEA Co., Ltd.


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

USA: +1-631-791-1145
Follow us on twitter: @imarcglobal

Global Electric Power Transmission and Distribution Equipment Market to Grow at 4.7% During 2022-2027, Catalyzed by Modernization of Electrical Grids
Select Licence Type

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

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC 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
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

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
Zee Media Corp. Ltd.

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
Arabian Plastic Manufacturing Company Ltd.

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
Sumitomo Corporation

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
Hameln Rds

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
Quality Consultants BV

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
TATA Advanced Systems Limited

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