Smart Grid T&D Equipment Market Forecast from 2019 to 2025

Press Release presents “Global Smart Grid T&D Equipment Market Insights, Forecast to 2025” new Research to its studies database. The records spread across 119 with more than one tables and figures in it.

This comprehensive Smart Grid T&D Equipment research report includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.

Smart TandD equipment transfers electricity from the transmission system to the consumer delivery point. Such equipment improves the overall efficiency of the smart grid, minimizes technical losses, improves OandM, and improves the longevity of the TandD equipment, deferring the investment and allowing grid operators to monitor and control the functions of the grid from a remote location. Smart TandD equipment includes reclosers, fault current indicators, automated switches, Volt-VAR control equipment, synchrophasor, and HVDC, among others.

The global smart grid transmission and distribution (TandD) equipment market to grow at a CAGR of more than 13.5% over the forecast period. One of the primary factors driving the growth of this market is the rapid modernization of grid. An aging power infrastructure, need for mitigation of cybersecurity risk, and the addition of new resources to the grid have resulted in the electricity and power sector to find ways to make the grid more reliable and flexible to suit the rapid changes in the supply and demand. This has led to the modernizing of the grid by implementing smart grids that use digital and information technology to manage the power flow efficiently. Moreover, according to the International Energy Agency significant investments are made for the refurbishment and replacement of the TandD infrastructure, thereby propelling the growth prospects for this market in the coming years.

The Smart Grid TandD Equipment market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Smart Grid TandD Equipment.

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Global Smart Grid T&D Equipment in its database, which provides an expert and in-depth analysis of key business trends and future market development prospects, key drivers and restraints, profiles of major market players, segmentation and forecasting. A Global Smart Grid T&D Equipment Market provides an extensive view of size; trends and shape have been developed in this report to identify factors that will exhibit a significant impact in boosting the sales of Global Smart Grid T&D Equipment Market in the near future.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:

  • ABB
  • GE-Alstom Grid
  • Eaton
  • Schneider Electric
  • Siemens
  • Emerson
  • Omron
  • Prysmian
  • Aclara
  • NARI Group
  • Mitsubishi
  • S and C Electric
  • Chint Group

Market size by Product

  • Transmission Equipment
  • Distribution Equipment

Market size by End User

  • Power Station
  • Transformer Substation
  • Other

Market size by Region

  • United States
  • Europe
  • China
  • Japan
  • Other Regions

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Moreover, the research report assessed market key features, consisting of revenue, capacity utilization rate, price, gross, growth rate, consumption, production, export, supply, cost, market size & share, industry demand, export & import analysis, and CAGR.

The study objectives are:

  • To study and analyze the global Smart Grid T&D Equipment market size (value and volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
  • To understand the structure of Smart Grid T&D Equipment market by identifying its various subsegments.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • Focuses on the key global Smart Grid T&D Equipment companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
  • To project the value and sales volume of Smart Grid T&D Equipment submarkets, with respect to key regions.
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Smart Grid T&D Equipment :

History Year: 2014 – 2018

Base Year: 2018

Estimated Year: 2019

Forecast Year: 2019 – 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size ofSmart Grid T&D Equipment market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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