Electric Power T&D Equipment Market Report - Market Analysis, Size, Share, Growth, Outlook - Industry Trends and Forecast to 2028

The increasing investment in upgrading grid infrastructure due to the growing addition of distributed energy resources (DERs) such as rooftop solar photovoltaics, power storage systems, and wind energy generating units is driving the global td equipment market.

Electricity networks are highly interconnected and hence include a plethora of components and services, such as substations, transmission lines, distribution lines, transformers, and a variety of accessories and services.

Power T & D equipment includes the following:

• Measuring and monitoring solutions for power grids
• Substation equipment, transformers, autotransformers
• Voltage regulation and monitoring systems for transformers
• Low, medium, high, and extra-high-voltage power cables, joints, and accessories
• Medium and high-voltage insulators and capacitors for circuit breakers
• Switchgear and air-core dry-type reactors
• Electro ceramic components
• Electrical engineering and power plant protection
• Power electronics systems and components

Major countries in the world are modernizing their age-old electric grid in order to improve the energy efficiency of the grid and to synchronize with the changing electric power generation landscape. Modernizing the electric grid not only facilitates the addition of DERs but also offers benefits such as improved security, reduced peak loads, and lower operational costs.

United States Grid Modernization

Much of the country's electricity generation, transmission, and distribution infrastructure is aging. To reliably integrate new systems and technologies, changing market dynamics, and shifting consumer preferences, major upgrades will be required. While states seek ways to align policy with a rapidly changing energy market, technological innovation is outpacing both infrastructure capabilities and policy formation.

America's economy, national security, and even its citizens' health and safety are all dependent on reliable electricity delivery. More than 9,200 electric power generating units with more than one million megawatts of generating capacity are connected to more than 600,000 miles of transmission lines in the United States.

The United States federal government is taking steps to make the American grid more reliable and efficient. In August 2022, President Biden announced USD 10.5 billion investment into Grid Resilience and Innovation Partnership program to enhance the reliability of the country's electric grid. The investment will be part of the Bipartisan infrastructure law. Similarly, many states are undertaking steps to modernize their grid.

As more countries are planning to modernize their electric grid infrastructure, the demand for power transmission and distribution equipment is expected to surge.

The new report from the publisher on Global T&D Equipment Market comprehensively analyses the T&D Equipment Market and provides deep insight into the current and future state of the industry. The study examines the drivers, restraints, and regional trends influencing Global T&D Equipment Market demand and growth.

The report also addresses present and future market opportunities, market trends, developments, and the impact of Covid-19 on the T&D Equipment Market, important commercial developments, trends, regions, and segments poised for the fastest growth, competitive landscape, and market share of key players. Further, the report will also provide the T&D Equipment Market size, demand forecast, and growth rates.

What is covered in the Report?

T&D Equipment Market Drivers & Restraints

The study covers all the major underlying forces that help the market develop and grow and the factors that constrain the market growth. The report includes a meticulous analysis of each factor, explaining the relevant, qualitative information with supporting data. Each factor's respective impact in the near, medium and long term will be covered using Harvey balls for visual communication of qualitative information and functions as a guide for you to analyze the degree of impact.

T&D Equipment Market Analysis

This report discusses the overview of the market, the latest updates, important commercial developments and structural trends, and government policies and regulations. This section provides an assessment of COVID-19 impact on T&D Equipment Market demand.

T&D Equipment Market Size and Demand Forecast

The report provides the Global T&D Equipment Market size and demand forecast until 2028, including year-on-year (YoY) growth rates and CAGR.

T&D Equipment Market Industry Analysis

The report examines the critical elements of the T&D Equipment industry supply chain, its structure, and its participants using Porter's five forces framework, the report covers the assessment of the T&D Equipment industry's state of competition and profitability.

T&D Equipment Market Segmentation & Forecast

The report dissects the Global T&D Equipment Market into various segments. A detailed summary of the current scenario, recent developments, and market outlook will be provided for each segment. Further, market size and demand forecasts will be presented along with various drivers and barriers for individual market segments. Effective market segmentation enables you to identify emerging trends and opportunities for long-term growth. Contact us for bespoke market segmentation to better align the research report with your requirements.

Regional Market Analysis

The report covers detailed profiles of major countries across the world. Each country's analysis covers the current market scenario, market drivers, government policies & regulations, and market outlook.

In addition, market size, demand forecast, and growth rates will be provided for all regions. Following are the notable countries covered under each region. North America - United States, Canada, Mexico, and the Rest of North America Europe - Germany, France, United Kingdom (UK), Russia, and the Rest of Europe Asia-Pacific - China, India, Japan, South Korea, Australia, Rest of APAC Rest of the world - Saudi Arabia, Brazil, Nigeria, South Africa, and other countries

Key Company Profiles

This report presents detailed profiles of Key companies in the T&D Equipment industry, such as Mitsubishi Corp, Hitachi Ltd., General Electric Co., Furukawa Electric Co Ltd., Eaton Corp plc, and other major players. In general, each company profile includes - an overview of the company, relevant products and services, a financial overview, and recent developments.

Competitive Landscape

The report provides a comprehensive list of notable companies in the market, including mergers and acquisitions (M&As), joint ventures (JVs), partnerships, collaborations, and other business agreements. The study also discusses the strategies adopted by leading players in the industry.

Executive Summary

Executive Summary will be jam-packed with charts, infographics, and forecasts. This chapter summarizes the findings of the report crisply and clearly. The report begins with an Executive Summary chapter and ends with Conclusions and Recommendations.


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