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Electric Power Transmission and Distribution Equipment Market - Top Companies and Manufacturers

  • Report ID: 6633
  • Published Date: Nov 04, 2024
  • Report Format: PDF, PPT

Companies Dominating the Electric Power Transmission and Distribution Equipment Landscape

    The electric power transmission and distribution equipment market is projected to register a profitable growth curve during the forecast period. The market is competitive with the presence of global and local players vying to increase their profit share. Key market players are investing in manufacturing robust equipment to support the large-scale demands for electrical transmission and distribution equipment.

    Here are some key players in the market:

    • ABB Ltd.
      • Company Overview 
      • Business Strategy 
      • Key Product Offerings 
      • Financial Performance 
      • Key Performance Indicators 
      • Risk Analysis 
      • Recent Development 
      • Regional Presence 
      • SWOT Analysis 
    • Scheider Electric
    • Mitsubishi Electric Corporation
    • GE Vernova
    • Siemens
    • Eaton Corporation
    • Kirloskar Electric Co., Ltd.
    • Hitachi Energy
    • Crompton Greaves Limited
    • China Xd Electric Co., Ltd.
    • Samsung Electronics
    • Emerson Electric Co.
Browse Key Market Insights with Data Illustration:

In the News

  • In March 2024, Siemens launched Sentron electronic circuit protection device with cutting-edge electronic switching technology that has the ability to electronically switch off circuit faults if errors occur. The device will require 80% less space in a distribution board.
  • In September 2023, Prysmian signed an agreement worth USD 1.1 billion with 50Hertz for the submarine cable project, i.e., NOR-11-1 and the underground cable project DC31 in Germany. Prysmian will design, manufacture, supply, and install two turnkey projects NOR-11-1 and DC31 with an overall cable length of around 1,000 km.

Author Credits:  Dhruv Bhatia


  • Report ID: 6633
  • Published Date: Nov 04, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The global electric power transmission and distribution equipment was estimated at USD 244.6 billion in 2024 and is poised to expand at a profitable CAGR of 6.4% during the forecast period, i.e., 2025-2037.

The global electric power transmission and distribution equipment sector registered a profitable valuation of USD 244.6 billion in 2024 and is poised to reach USD 548.1 billion in 2037 expanding at a profitable CAGR of 6.4% during the forecast period, i.e., 2025-2037.

The major players in the market are ABB Ltd., Scheider Electric, Mitsubishi Electric Corporation, GE Vernova, Siemens, Eaton Corporation, Kirloskar Electric Co., Ltd., Hitachi Energy, Crompton Greaves Limited, China Xd Electric Co., Ltd., Samsung Electronics, Emerson Electric Co., and others.

The cables and lines segment held the largest revenue share of 28.3% by 2037 in the global electric power transmission and distribution equipment sector owing to increasing demands in smart cities.

Asia Pacific held the largest revenue share of 54.6% by 2037 owing to growing demands of electricity to cater to increased industrialization and urbanization trends in the region.
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