An exciting new study from the team of Lucintel found that electric transmission and distribution equipment market is expected to reach $327 billion by 2025 with a CAGR of 4%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The electric transmission and distribution equipment market is segmented based on application, type, technology and region. In this market, wire and cable is expected to remain the largest product type, and utilities segment is expected to remain the largest end use industry. Players can benefit from the available opportunities like increasing electric access, urbanization, and rapid industrialization.
growing implementation of smart grid technology, implementation of advanced metering infrastructure, and transition from conventional to modular switchgears are emerging trends having impact on dynamics of the industry.
ABB, Siemens AG, Mitsubishi Electric Corp., Schneider Electric, General Electric, Xian XD Switchgear Electric, and Crompton Greaves are some of the major players profiled in this 190 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising potential, high-growth opportunities for the electric transmission and distribution equipment market by product (wire and cable, switchgear, transformer, meter, insulator, and capacitor), voltage type (low voltage, medium voltage, and high voltage), end use (utilities, industrial, residential, and commercial), and by region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the electric transmission and distribution equipment market?
Q.4 What are some changing demands of customers in the electric transmission and distribution equipment market?
Q.5 What are the new developments in the electric transmission and distribution equipment market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this electric transmission and distribution equipment area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this electric transmission and distribution equipment market?
This unique report from Lucintel 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.