2019 Global Power Transmission Market Segmentation, Drivers, Restrains, And Major Players

Power Transmission, Control, Distribution Market By Product Type (Power Transmission, Control, Distribution And Power Generation)Trends & Market Information

The Power Transmission, Control, And Distribution Market Is Expected To Grow At A CAGR Of Around 3% To Nearly $4,264 Billion By 2022”

— Abdul Wasay

LONDON, GREATER LONDON, UK, June 8, 2019 /EINPresswire.com/ — The global market for power transmission, control, and distribution is expected to reach a value of nearly above $4.2 trillion by 2022, having grown at an annual rate of above 3% since 2018.

Growth in the historic period resulted from rise in power consumption and regulatory changes to boost electricity transmission and distribution. Going forward, investments in renewable energy, economic growth, increasing demand for electricity from manufacturing, growing use of electricity in transportation will drive growth. Factors that negatively affected growth in the historic period were electricity transmission and distribution losses and rise in debts. Factors that could hinder the growth of this market in the future are aging power transmission and distribution infrastructure, interest rate increases and environmental regulations.

Electric power transmission, control, and distribution includes establishments involved in operating electric power transmission and distribution systems that control the transmission of electricity from the source to consumers.

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The market is segmented by type into power transmission, control, and distribution and power generation. The power transmission, control, and distribution market accounted for the largest share of the power generation, transmission, and distribution market in 2018 at 65.0% and is expected to be the fastest-growing segment going forward at a CAGR of 3.7%.

Asia-Pacific is the largest market for power generation, transmission, and distribution market, accounting for 45.3% of the global market. It was followed by Western Europe, North America and then the other regions. Going forward, Asia-Pacific, and Middle East will be the fastest growing regions in this market, where growth will be at a CAGR of 6.1% and 4.4% respectively. This is followed by, Africa and South America where the market is expected to grow at a CAGR of 2.7% and 1.7% respectively.

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The global market for generation, transmission, and distribution is highly fragmented. The top ten competitors in the global generation, transmission, and distribution market made up 8.3% of the total market in 2018. Major players in the market are Enel SpA, E.ON SE, Engie SA, Uniper and State Power Investment Corporation.

Power Transmission, Control, And Distribution Market By Type Of Product (Power Transmission, Control, And Distribution And Power Generation), Trends And Market Information – Global Forecast To 2022 is one of a series of new reports from The Business Research Company that provides power transmission, control, and distribution market overviews, analyzes and forecasts power transmission, control, and distribution market size and growth for the global power transmission, control, and distribution market, power transmission, control, and distribution market share, power transmission, control, and distribution market players, power transmission, control, and distribution market size, power transmission, control, and distribution market segments and geographies, power transmission, control, and distribution market trends, power transmission, control, and distribution market drivers and power transmission, control, and distribution market restraints, power transmission, control, and distribution market’s leading competitors’ revenues, profiles and market shares. The power transmission, control, and distribution market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More
Read Power Transmission, Control, And Distribution Market By Type Of Product (Power Transmission, Control, And Distribution And Power Generation), Trends And Market Information – Global Forecast To 2022 from The Business Research Company for information on the following:

Markets Covered: global power transmission, control, and distribution market, power transmission, control, and distribution and power generation

Data Segmentations: power transmission, control, and distribution market size, global and by country; historic and forecast size, and growth rates for the world, 7 regions and 12 countries

Power Transmission, Control, And Distribution Market Organizations Covered: Enel SpA, E.ON SE, Engie SA, Uniper and State Power Investment Corporation.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Time Series: Five years historic (2013-18) and forecast (2018-21).

Other Information And Analyses: PESTEL analysis, power transmission, control, and distribution market customer information, power transmission, control, and distribution market product/service analysis – product examples, power transmission, control, and distribution market trends and opportunities, drivers and restraints, key mergers and acquisitions, key metrics covered: number of enterprises, number of employees, global power transmission, control, and distribution market in 2019 – countries offering most new opportunities

Sourcing and Referencing: Data and analysis throughout the report are sourced using endnotes.

Strategies For Participants In The Power Transmission, Control, And Distribution Industry: The report explains a number of strategies for companies in the power transmission, control, and distribution market, based on industry trends and company analysis.

Opportunities For Companies In The Power Transmission, Control, And Distribution Sector: The report reveals where the global power transmission, control, and distribution industry will put on most $ sales up to 2022.

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Source: EIN Presswire