Growing electricity concerns, usage of new transmission technology, along with the use of large central station generating plants (to serve giant areas), the demand for electricity transmission infrastructure is increasing. Spanning across the world, much-needed attention is required for the electricity transmission infrastructure market. The waves of electricity transmission started in the 1900s.
Located near demand centres, it is a bulk transmission of electrical energy from generating power plants to electrical substations. However, it is different from electric power distribution (limited wiring between high-voltage substations and customers). For transmission networks, transmission lines need to be connected to each other.
The developing infrastructure market has largely focused on the development of the electricity transmission infrastructure market. Economic growth, an increase in the population, policy initiatives, and connecting to renewable energy sources are the factors that are expanding and extending the growth in the electricity transmission infrastructure market.
Get Access To Sample Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-526
Market Dynamics for Electricity Transmission Infrastructure
To add new capacity and better monitoring facilities, new transmission lines are being built and existing systems are being retrofitted. Forces such as the need for electricity and significant capital investments are considered as one of the biggest drivers for the increasing demand for the electricity transmission infrastructure market. Investment in the smart grid accounts for a major share of the overall market.
Also, the increasing regulatory standards have strongly contributed to the demand for the global electricity transmission infrastructure market. However, loss of electrical energy in long distance transmission (which cannot be stored) is the major restraint in the global electricity transmission infrastructure market.
Electricity Transmission Infrastructure Market: Region-wise Outlook
The global electricity transmission infrastructure market is expected to register favourable growth for the forecast period, 2015–20. 2025. The Asia-Pacific region, led by China (driven by the government’s engagement in expanding and upgrading the transmission infrastructure), is projected to increase its control of the global electricity transmission infrastructure market. North America (driven by the increasing creation of renewable energy projects) is expected to be the second largest market in the global electricity transmission infrastructure market, followed by Western Europe.
Customization Report Before Buying, Visit: https://www.futuremarketinsights.com/customization-available/rep-gb-526
Key Players in the Electricity Transmission Infrastructure Market
Some of the key market participants in the global electricity transmission infrastructure market are ABB Limited, Alstom SA, Mitsubishi Electric, Eaton, General Electric Company, Hitachi Limited, Siemens AG, Toshiba Corporation, and OSRAM Licht AG, among many others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology, and applications.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segments. The report also outlines the qualitative impact of various market factors on market segments and geographies.
Market Segmentation for Electricity Transmission Infrastructure
On the basis of transmission lines, the global electricity transmission infrastructure market is segmented as:
- Overhead power transmission
- Underground power transmission
On the basis of product type, the global electricity transmission infrastructure market is segmented as:
- Transformers include power and distribution transformers, among others.
- Switchgear and switchboard apparatus.
On the basis of applications, the global electricity transmission infrastructure market is segmented as
- Industrial
- Commercial
- Residential
- Transportation
- Others
On the basis of technology, the global electricity transmission infrastructure market is segmented as:
- High-voltage direct current (HVDC)
- Smart Grid
- Others (new transformer core shapes, amorphous core transformers, among others)
Request a Complete TOC: https://www.futuremarketinsights.com/toc/rep-gb-526
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10 years.
Contact Us:
Future Market Insights, Inc
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports