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Electric power distribution system is the final stage in the delivery of electric power; it carries electricity from the transmission system to individual consumers. Distribution substations connect to the transmission system and lower the transmission voltage to medium voltage ranging between 2 kV and 35 kV with the use of transformers.
Scope of the Report:
For industry structure analysis, the electric power distribution equipment industry is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top ten producers account for about 37.84% of the revenue market.
China occupied 28.61% of the production value market in 2015. It is followed by Europe and North America, which respectively have around 26.90% and 21.43% of the global total industry. Other countries have a small amount of production value.
For forecast, the global electric power distribution equipment revenue would keep increasing with annual growth rate with 3~5%, and a little higher speed in China. Although electricity transmission and distribution industry have a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend entering this market.
The global Electric Power Distribution Equipment market is valued at 99200 million USD in 2018 and is expected to reach 117940 million USD by the end of 2024, growing at a CAGR of 3.5% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Electric Power Distribution Equipment.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Electric Power Distribution Equipment market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Electric Power Distribution Equipment market by product type and applications/end industries.
Market Segment by Companies, this report covers
- ABB
- Eaton
- Siemens
- Schneider Electric
- GE
- Mitsubishi Electric
- Hitachi
- Toshiba
- Fuji Electric
- Hyundai
- Alstom
- Hyosung
- TBEA
- XD
- Shanghai Electric
- BTW
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Transformers
- Switchgears
- Others
Market Segment by Applications, can be divided into
- Residential
- Industrial and Agriculture
- Commercial