Electric Power Transmission and Distribution Equipment Market report (Business Opportunities - Marketing & Sales)
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Electric Power Transmission and Distribution Equipment Market report | |
The Electric Power Transmission and Distribution Equipment market size was estimated at USD 228.68 billion in 2023 and is projected to reach USD 339.33 billion in 2030 at a CAGR of 5.80% during the forecast period 2023-2030. The electric power transmission and distribution equipment market can be segmented based on various factors. Based on equipment, the market is segmented into wire cable, switchgear, transformer, meter and insulator capacitor. Based on voltage the market is bifurcated into low voltage, medium voltage and high voltage. Based on End user, the market is segmented into energy utilities, industrial, commercial and residential. Lastly, based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa and South America. The electric transmission and distribution equipment market was negatively impacted by the COVID – 19 Pandemic. The pandemic affected the power industry and caused a decline in the market due to decline in demand for energy and adversely affected the market of electric transmission and distribution equipment due to their application, mostly found in these industries. The lockdown interrupted the supply chain and raw material manufacturing, which affected the production activity of the transmission and distribution equipment. Industries and the commercial sector faced a decrease in the demand due to the lockdown but the residential segment saw an increase in the demand for energy as people stayed at home to follow social distancing norms. Request for Sample Pages: https://www.delvens.com/get-free-sample/electric-power-transmission-and-distribution-equipment-market-trends-forecast-till-2030 | |
| Target State: All States Target City : All Cities Last Update : 09 August 2023 9:37 PM Number of Views: 72 | Item Owner : Delvens Contact Email: Contact Phone: 02086385055 |
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2024-04-28 (0.221 sec)