Electric power distribution system is the final stage in the delivery of electric power; it carries electricity from the transmission system to individual consumers. Distribution substations connect to the transmission system and lower the transmission voltage to medium voltage ranging between 2 kV and 35 kV with the use of transformers.
For industry structure analysis, the electric power distribution equipment industry is fragmented. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry. The top ten producers account for about 37.84% of the revenue market.
China occupied 28.61% of the production value market in 2015. It is followed by Europe and North America, which respectively have around 26.90% and 21.43% of the global total industry. Other countries have a small amount of production value.
For forecast, the global electric power distribution equipment revenue would keep increasing with annual growth rate with 3~5%, and a little higher speed in China. Although electricity transmission and distribution industry have a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend entering this market.
The Global Electric Power Distribution Equipment Market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
It also includes Market size and forecast by each application segment in terms of volume for the period 2021-2026.
In the global Electric Power Distribution Equipment Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
ABB
Eaton
Siemens
Schneider Electric
GE
Mitsubishi Electric
Hitachi
Toshiba
Fuji Electric
Hyundai
Alstom
Hyosung
TBEA
XD
Shanghai Electric
BTW
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Transformers
Switchgears
In Market segmentation by applications :
Residential
Industrial and Agriculture
Commercial
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Electric Power Distribution Equipment Market for the forecast period 2020 - 2026?
• What are the driving forces in the Electric Power Distribution Equipment Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Electric Power Distribution Equipment industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?