The analysts forecast global T&D equipment market to grow at a CAGR of 8.28% over the period 2014-2019.
Transmission and distribution (T&D) infrastructure supplies electricity to power substations and then to electric utility transformers, which deliver electricity to industrial and domestic consumers. T&D infrastructure includes transmission lines, power substations, power cables, switchgear and control gears, and power transformers. These products are widely used in power grid or electricity distribution systems. The power industry and the construction and engineering industries are the major end-users of T&D equipment.Covered in this report
The covers the present scenario and growth prospects of the global T&D equipment market for 2015-2019. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market. The market includes three product segments: power cable, switch gear and control gear, and transformers. To calculate the market size and vendor share, the report considers the revenue generated from the sales of these products.
In addition, the report discusses the major drivers influencing market growth and the challenges faced by vendors and the market as a whole.
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- North America
- General Cable Technologies
- General Electric
- Schneider Electric
Other prominent vendors
- Bharat Heavy Electricals
- Furukawa Electric
- General Electric
- Larsen & Toubro
- LS Cable & Systems
- Sumitomo Electric Industries
- Zhejiang Chint Electrics
Key market driver
- Increased demand for energy worldwide
Key market challenge
- Government regulations and industry standards
Key market trend
- Decreasing prices of raw materials
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