Industry Research Electric Power Transmission Equipment Market 2023 | Page 2

Description:
Transmission of electric power is transfer of bulk electrical energy to substations from power
generating plants. Electrical transmission is distinct from electrical distribution, in terms of
carrying large quantities of high voltage power over large distances; thus there are differences
in the equipment used for each. In this report, products demanded are transformers and
switchgear and many other products.
The worldwide market for Electric Power Transmission Equipment is expected to grow at a
CAGR of roughly 3.6% over the next five years, will reach 46700 million US$ in 2023, from
37700 million US$ in 2017, according to a new GIR (Global Info Research) study.
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Market Segment by Manufacturers, this report covers:
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Alstom
ABB
GE
Schneider
Siemens
Eaton
Mitsubishi Electric
Toshiba
…Continued
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transmission-equipment-market-by-manufacturers-regions-type-and-application-forecast-to-
2023
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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 etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South
Africa).
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Market Segment by Type, covers:
Transformers, High-voltage Switchgears, Vacuum Circuit Breakers, Lightning Arresters and
Others.
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