Product Code: GVR-4-68040-466-7
Market Size & Trends:
The global power transmission and distribution market size was valued at USD 330,287.71 million in 2023 and expected to expand at a CAGR of 3.9% from 2024 to 2030. The market is experiencing significant growth, driven primarily by the increasing demand for electricity, particularly in emerging economies. Rapid industrialization, urbanization, and population growth are key factors boosting the need for expanded and upgraded transmission and distribution (T&D) infrastructure. The shift towards renewable energy sources, such as wind and solar, is also driving investments in smart grids and advanced T&D systems to efficiently integrate and manage renewable energy into the grid.
Technological advancements in digitalization, automation, and the implementation of smart grids are transforming the traditional T&D landscape. These innovations allow for better real-time monitoring, control, and optimization of the power flow, resulting in enhanced grid reliability and reduced energy losses. The adoption of advanced T&D technologies, such as high-voltage direct current (HVDC) and flexible AC transmission systems (FACTS), is further enabling the efficient long-distance transmission of electricity, addressing the need for improved grid connectivity and stability.
Government initiatives and regulatory frameworks promoting grid modernization and electrification are propelling the market forward. Countries worldwide are making significant investments to upgrade aging infrastructure, reduce carbon emissions, and enhance energy efficiency. Additionally, the ongoing electrification of remote and rural areas, particularly in developing regions, is creating opportunities for T&D market players. The global focus on sustainability and clean energy transition is expected to continue fueling growth in the power transmission and distribution sector in the coming years.
Global Power Transmission And Distribution Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented global power transmission and distribution market report on the basis of asset, end use and region:
- Asset Outlook (Revenue, USD Million, 2018 - 2030)
- Transmission Line
- Distribution Line
- End Use Outlook (Revenue, USD Million, 2018 - 2030)
- Electric Utility
- Industrial
- Renewables
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Germany
- UK
- Italy
- Spain
- France
- Russia
- Asia Pacific
- China
- India
- Japan
- Australia
- Central & South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Projects & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- 1.7. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2023 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Landscape Snapshot
Chapter 3. Power Transmission and Distribution Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospects Mapping
- 3.3. Industry Value Chain Analysis
- 3.4. Regulatory Framework
- 3.4.1. Standards & Compliances
- 3.4.2. Regulatory Impact Analysis
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Challenges Analysis
- 3.5.4. Market Opportunity Analysis
- 3.6. Business Environment Analysis
- 3.6.1. Industry analysis - porter's five forces analysis
- 3.6.2. Industry analysis - Pestle analysis
Chapter 4. Power Transmission and Distribution Market: Asset Estimates & Trend Analysis
- 4.1. Asset Movement Analysis & Market Share, 2023 & 2030
- 4.2. Transmission Line
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. Distribution Line
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Power Transmission and Distribution Market: End Use Estimates & Trend Analysis
- 5.1. End Use Movement Analysis & Market Share, 2023 & 2030
- 5.2. Electric Utility
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3. Industrial
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4. Renewables
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Power Transmission and Distribution Market: Regional Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Movement Analysis & Market Share, 2023 & 2030
- 6.3. North America
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.3.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.3.4. U.S.
- 6.3.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.4.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.3.4.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.3.5. Canada
- 6.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.5.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.3.5.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.3.6. Mexico
- 6.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.6.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.3.6.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.4. Europe
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.1.1. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.4.1.2. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.4.2. Germany
- 6.4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.2.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.4.2.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.4.3. UK
- 6.4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.3.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.4.3.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.4.4. France
- 6.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.4.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.4.4.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.4.5. Italy
- 6.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.5.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.4.5.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.4.6. Spain
- 6.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.6.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.4.6.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.4.7. Russia
- 6.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.7.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.4.7.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.5.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.5.4. China
- 6.5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.4.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.5.4.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.5.5. India
- 6.5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.5.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.5.5.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.5.6. Japan
- 6.5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.6.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.5.6.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.5.7. Australia
- 6.5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.7.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.5.7.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.6. Central & South America
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.6.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.6.4. Brazil
- 6.6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.4.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.6.4.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.6.5. Argentina
- 6.6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.5.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.6.5.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.7. Middle East & Africa
- 6.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.7.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.7.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.7.4. Saudi Arabia
- 6.7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.7.4.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.7.4.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.7.5. South Africa
- 6.7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.7.5.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.7.5.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
- 6.7.6. UAE
- 6.7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.7.6.2. Market estimates and forecasts, by Asset , 2018 - 2030 (USD Million)
- 6.7.6.3. Market estimates and forecasts, by End Use, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Key Players & Recent Developments & Their Impact on the Industry
- 7.2. Key Company/Competition Categorization (Key innovators, Market leaders, emerging players)
- 7.3. List of key Component Suppliers and Channel Partners
- 7.4. Company Market Share & Position Analysis, 2023
- 7.5. Company Heat Map Analysis
- 7.6. Competitive Dashboard Analysis
- 7.7. Strategy Mapping
- 7.7.1. Expansion
- 7.7.2. Collaboration/ Partnerships/ Agreements
- 7.7.3. New Asset launches
- 7.7.4. Mergers & Acquisitions
- 7.7.5. Research & Development
- 7.7.6. Others
- 7.8. Company Listing / Profiles
- 7.8.1. Duke Energy Corporation
- 7.8.2. National Grid plc
- 7.8.3. Enel SpA
- 7.8.4. E.ON SE
- 7.8.5. NextEra Energy, Inc.
- 7.8.6. Dominion Energy, Inc.
- 7.8.7. Tokyo Electric Power Company Holdings
- 7.8.8. American Electric Power Company, Inc.
- 7.8.9. Power Grid Corporation of India
- 7.8.10. State Grid Corporation of China