Opportunities for the Electric Transmission and Distribution Equipment Market in the United States


Posted September 24, 2020 by hiteshchawra

Opportunities for the Electric Transmission and Distribution Equipment Market in the United States

 
"According to a new country report published by Lucintel, the future of the electric transmission and distribution equipment market in the United States looks promising with opportunities in the power utilities, residential, commercial, and industrial sectors. The electric transmission and distribution equipment market in the United States is primarily driven by increasing demand for electricity, new power generation capacity additions, and the expansion of transmission and distribution infrastructure.

This report studies factors affecting the electric transmission and distribution equipment market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that the wire and cable segment will remain the largest segment due to increasing electricity access to residential and commercial buildings. Within the electric transmission and distribution equipment market in the United States, utilities are expected to remain the largest end use market due to the replacement and upgradation of existing infrastructure and increasing focus on renewable energy.

Emerging trends, which have a direct impact on the dynamics of the electric transmission and distribution equipment industry, include growing implementation of smart grid technology, implementation of advanced metering infrastructure, and transition from conventional to modular switchgears.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the electric transmission and distribution equipment market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Electric Transmission and Distribution Equipment Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the electric transmission and distribution equipment market in the United States by product type, voltage, and end use industry as follows:

Electric Transmission and Distribution Equipment Market by End Use Industry [$M shipment analysis for 2014 – 2025]:
• Utilities
• Industrial
• Residential
• Commercial

Electric Transmission and Distribution Equipment Market by Product Type [$M shipment analysis for 2014 – 2025]:
• Wire and Cable
• Switchgear
• Transformers
• Power
• Distribution
• Specialty
• Meters
• Basic Meters
• Smart Meters
• Insulator
• Capacitor

Electric Transmission and Distribution Equipment Market by Voltage [$M shipment analysis for 2014 – 2025]:
• Low Voltage
• Medium Voltage
• High Voltage

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/electric-transmission-and-distribution-equipment.aspx or write to us at [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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Issued By Hitesh
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Categories Aerospace , Agriculture , Blogging
Last Updated September 24, 2020