Global T&D Equipment Market 2015-2019 - Increased Demand for Energy Worldwide with ABB, General Cable Technologies, General Electric, Schneider Electric & Siemens Dominating

10 Dec, 2015, 09:10 ET from Research and Markets

DUBLIN, Dec. 10, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/b42c6m/global_tandd) has announced the addition of the "Global T&D Equipment Market 2015-2019" report to their offering.

The global T&D equipment market to grow at a CAGR of 8.28% over the period 2014-2019

The report 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.

Copper windings, electrical steel, oil, and insulation materials are the major raw materials used to manufacture transformers. These account for more than 50% of the total cost of large power transformers. Of these, copper windings and electrical steel together constitute more than 40% of the total cost of a transformer. The declining prices of these two raw materials should reduce manufacturing costs, which in turn will likely ease costs for end-users such as utilities, industrial, and commercial.

According to the report, surging industrialization in developing countries such as India, China, Brazil, Russia, and South Africa is one of the major driving forces in the T&D equipment market. We expect the rising pace of industrialization and urbanization to drive demand for electricity worldwide. The growing appetite for electricity is also boosting installed power generation capacities, which necessitates the modernization and expansion of existing power transmission networks.

Further, the report states that the low scope for product differentiation in T&D equipment lowers the bargaining power of manufacturers in the market, and many vendors are trying to offer reliable equipment at cheaper rates to stay ahead of the competition.

Key vendors

  • ABB
  • General Cable Technologies
  • General Electric
  • Schneider Electric
  • Siemens

Other prominent vendors

  • Alstom
  • Areva
  • Bharat Heavy Electricals
  • Eaton
  • Fujikura
  • Furukawa Electric
  • General Electric
  • Larsen & Toubro
  • LS Cable & Systems
  • Sumitomo Electric Industries
  • Zhejiang Chint Electrics

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by product

Part 07: Geographical segmentation

Part 08: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape

Part 14: Key vendor analysis

Part 15: Appendix

For more information visit http://www.researchandmarkets.com/research/b42c6m/global_tandd

Media Contact:

Laura Wood, +353-1-481-1716, press@researchandmarkets.net

 

SOURCE Research and Markets



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