Transmission and Distribution (T&D) Equipment Market to Record 2.03% Y-O-Y Growth Rate in 2022, Growing Focus on Energy Efficiency is a Major Trend Fueling the Market Growth - Technavio

NEW YORK, Sept. 5, 2022 /PRNewswire/ -- The transmission and distribution (T & D) equipment market size is set to grow by USD 68.52 billion from 2021 to 2026. The report projects the market to progress at a CAGR of  4.87%. In addition, the report offers a detailed analysis of the current market scenario, COVID-19 impact, the latest trends and drivers, and the overall market environment. Growing focus on energy efficiency is one of the key transmission and distribution equipment market trends that is expected to impact the industry positively in the forecast period. Power voltage is usually stepped up for long-distance transmission, which is then stepped down to usable voltage and distributed to commercial and residential end-users. Reducing losses by a percent for a power generation of 1GW will save 10 MW of power in T&D losses. This is a significant saving and can power 1,000 - 2,000 residential users. Moreover, upgrading to HVDC cables in the transmission lines will improve load-carrying capacity, which is 2-3 times the load-carrying capacity of conventional cables at low losses. Upgrading to superconducting transformers, FACTS, and HTS cables are considered capable solutions for reducing T&D losses and increasing energy efficiency. The need for enhanced energy efficiency and reduced T&D losses will drive infrastructural upgrades and the demand for T&D equipment over the forecast period. To know about other trends - Request a Free Sample Report

Transmission And Distribution (T&D) Equipment Market: Vendor Landscape

• The transmission and distribution (T&D) equipment market is fragmented and the vendors are deploying growth strategies such as investment in research and development and business expansion to compete in the market.
•  The transmission and distribution equipment market report also offers information on several market vendors, including ABB Ltd., Bharat Heavy Electricals Ltd., DAIHEN Corp., Eaton Corp. Plc, Furukawa Electric Co. Ltd., General Electric Co., Hitachi Ltd., Hubbell Inc., Hyundai Electric and Energy Systems Co. Ltd., Mitsubishi Corp., Nexans SA, Prysmian Spa, S and C Electric Co., Schneider Electric SE, Siemens AG, SPX Corp., TBEA Co. Ltd., Toshiba Corp., Wilson Power Solutions Ltd., and Wilson Transformer Company Pty Ltd. among others.
• The degree of competition within the global T&D equipment market varies according to the operating segments and product lines offered by market vendors. However, in general, the T&D equipment manufacturing industry is mature and cost-driven. Primary competitive factors for products vary across different product categories. However, the primary aspects influencing competition include price, quality, the range of products, inventory, delivery time, customer service, the environmental impact of the products, and the ability to meet customers' requirements.

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Transmission and Distribution (T&D) Equipment Market: Increased demand for power generation to drive growth

• The growth of the global transmission and distribution (T&D) equipment industry is the increased demand for power generation owing to the increasing population and rapid urbanization and industrialization.
• Urbanization increases the need for electrification, which requires expansion of the power distribution network through investment in new generation plants. In addition, the rise in urban population will lead to new manufacturing plants and expansion of existing plants.
• Further, power demand fulfillment is essential for the socio-economic development of a country. According to WBG, the electrification rate increased from 71.55% in 1991 to 89% in 2019 and 90.5% in 2020. Such factors will drive the growth of the market focus during the forecast period.
• To know about other drivers along with market challenges - Request a Free Sample Report

Transmission And Distribution (T&D) Equipment Market: Segmentation Analysis

This market research report segments the transmission and distribution (T&D) equipment market by Type (power cables, switchgear, and transformers) and Geography (APAC, Europe, North America, Middle East and Africa, and South America).

• Revenue Generating Segment- The transmission and distribution (T&D) equipment market share growth in the power cables segment will be significant during the forecast period. Since urbanization results in increased industrialization, electricity plays a crucial role in the development of a nation.
• Regional Highlights - 59% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for transmission and distribution (T&D) equipment in APAC. Market growth in this region will be faster than the growth of the market in other regions.

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The competitive scenario provided in the Transmission And Distribution (T&D) Equipment Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Transmission And Distribution (T&D) Equipment Market Forecast Report -  Buy Now!

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1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Power cables - Market size and forecast 2021-2026
• Exhibit 28: Chart on Power cables - Market size and forecast 2021-2026 ($ billion)
• Exhibit 29: Data Table on Power cables - Market size and forecast 2021-2026 ($ billion)
• Exhibit 30: Chart on Power cables - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Power cables - Year-over-year growth 2021-2026 (%)

• 5.4 Switchgears - Market size and forecast 2021-2026
• Exhibit 32: Chart on Switchgears - Market size and forecast 2021-2026 ($ billion)
• Exhibit 33: Data Table on Switchgears - Market size and forecast 2021-2026 ($ billion)
• Exhibit 34: Chart on Switchgears - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Switchgears - Year-over-year growth 2021-2026 (%)

• 5.5 Transformers - Market size and forecast 2021-2026
• Exhibit 36: Chart on Transformers - Market size and forecast 2021-2026 ($ billion)
• Exhibit 37: Data Table on Transformers - Market size and forecast 2021-2026 ($ billion)
• Exhibit 38: Chart on Transformers - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Transformers - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Type
• Exhibit 40: Market opportunity by Type ($ billion)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
• Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
• Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ billion)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.9 US - Market size and forecast 2021-2026
• Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ billion)
• Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.10 India - Market size and forecast 2021-2026
• Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ billion)
• Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ billion)
• Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.11 UK - Market size and forecast 2021-2026
• Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
• Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.12 Germany - Market size and forecast 2021-2026
• Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
• Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 86: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Eaton Corp. Plc
• Exhibit 93: Eaton Corp. Plc - Overview
• Exhibit 94: Eaton Corp. Plc - Business segments
• Exhibit 95: Eaton Corp. Plc - Key news
• Exhibit 96: Eaton Corp. Plc - Key offerings
• Exhibit 97: Eaton Corp. Plc - Segment focus

• 10.4 Furukawa Electric Co. Ltd.
• Exhibit 98: Furukawa Electric Co. Ltd. - Overview
• Exhibit 99: Furukawa Electric Co. Ltd. - Business segments
• Exhibit 100: Furukawa Electric Co. Ltd. - Key offerings
• Exhibit 101: Furukawa Electric Co. Ltd. - Segment focus

• 10.5 General Electric Co.
• Exhibit 102: General Electric Co. - Overview
• Exhibit 103: General Electric Co. - Business segments
• Exhibit 104: General Electric Co. - Key news
• Exhibit 105: General Electric Co. - Key offerings
• Exhibit 106: General Electric Co. - Segment focus

• 10.6 Hitachi Ltd.
• Exhibit 107: Hitachi Ltd. - Overview
• Exhibit 108: Hitachi Ltd. - Business segments
• Exhibit 109: Hitachi Ltd. - Key news
• Exhibit 110: Hitachi Ltd. - Key offerings
• Exhibit 111: Hitachi Ltd. - Segment focus

• 10.7 Hyundai Electric and Energy Systems Co. Ltd.
• Exhibit 112: Hyundai Electric and Energy Systems Co. Ltd. - Overview
• Exhibit 113: Hyundai Electric and Energy Systems Co. Ltd. - Product / Service
• Exhibit 114: Hyundai Electric and Energy Systems Co. Ltd. - Key offerings

• 10.8 Mitsubishi Corp.
• Exhibit 115: Mitsubishi Corp. - Overview
• Exhibit 116: Mitsubishi Corp. - Business segments
• Exhibit 117: Mitsubishi Corp. - Key news
• Exhibit 118: Mitsubishi Corp. - Key offerings
• Exhibit 119: Mitsubishi Corp. - Segment focus

• 10.9 Nexans SA
• Exhibit 120: Nexans SA - Overview
• Exhibit 121: Nexans SA - Business segments
• Exhibit 122: Nexans SA - Key offerings
• Exhibit 123: Nexans SA - Segment focus

• 10.10 Prysmian Spa
• Exhibit 124: Prysmian Spa - Overview
• Exhibit 125: Prysmian Spa - Business segments
• Exhibit 126: Prysmian Spa - Key offerings
• Exhibit 127: Prysmian Spa - Segment focus

• 10.11 Siemens AG
• Exhibit 128: Siemens AG - Overview
• Exhibit 129: Siemens AG - Business segments
• Exhibit 130: Siemens AG - Key news
• Exhibit 131: Siemens AG - Key offerings
• Exhibit 132: Siemens AG - Segment focus

• 10.12 Toshiba Corp.
• Exhibit 133: Toshiba Corp. - Overview
• Exhibit 134: Toshiba Corp. - Business segments
• Exhibit 135: Toshiba Corp. - Key news
• Exhibit 136: Toshiba Corp. - Key offerings
• Exhibit 137: Toshiba Corp. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 138: Inclusions checklist
• Exhibit 139: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 140: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 141: Research methodology
• Exhibit 142: Validation techniques employed for market sizing
• Exhibit 143: Information sources

• 11.5 List of abbreviations
• Exhibit 144: List of abbreviations

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