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Electric Transmission and Distribution Equipment Market is expected to reach $381 Billion by 2027 – An exclusive market research report by Lucintel

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Electric Transmission and Distribution Equipment Market is expected to reach $381 Billion by 2027 – An exclusive market research report by Lucintel

July 28
18:20 2022
Electric Transmission and Distribution Equipment Market is expected to reach $381 Billion by 2027 - An exclusive market research report by Lucintel
Trends and Forecast for the Global Electric Transmission and Distribution Equipment Market
Trends, opportunities and forecast in electric transmission and distribution equipment market to 2027 by product type (wires and cables, switchgears, transformers, meters, insulators, and capacitors), voltage (low voltage, medium voltage, and high voltage), end use (utilities, industrial, residential, and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Lucintel’s latest market report analyzed that electric transmission and distribution equipment provides attractive opportunities in the power utilities, residential, commercial, and industrial sectors. The electric transmission and distribution equipment market is expected to reach $381 billion by 2027 with a CAGR of 5.4%. In this market, wires and cables is the largest segment by product type, whereas utilities is largest by end use industry. Growing implementation of smart grid technology, implementation of advanced metering infrastructure, and transition from conventional to modular switchgears provides strategic growth path in this market.

Download Brochure of this report by clicking on https://www.lucintel.com/electric-transmission-and-distribution-equipment-market.aspx Based on product type, the electric transmission and distribution equipment market is segmented into wires and cables, switchgears, transformers, meters, insulators, and capacitors. The wires and cables segment accounted for the largest share of the market in 2021 and is expected to register the highest CAGR during the forecast period, due to the increasing electricity access to residential and commercial buildings.

Browse in-depth TOC on “Electric Transmission and Distribution Equipment Market”

115 – Tables

135 – Figures

190 – Pages

The Electric Transmission and Distribution Equipment Market is marked by the presence of several big and small players. Some of the prominent players offering electric transmission and distribution equipment include ABB Ltd., Bharat Heavy Electricals Ltd., Crompton Greaves Ltd, Siemens AG, Alstom SA, Schneider Electric, General Electric, Havells India Ltd., Mitsubishi Electric Corporation, EMCO Ltd., and TBEA.

Request Sample Report:

https://www.lucintel.com/electric-transmission-and-distribution-equipment-market.aspx

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

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