Smart Grid Transmission and Distribution Equipment Market, Global Outlook and Forecast 2023-2029

Power is generated at a power plant, and the T&D equipment infrastructure is used to transport the generated power to substations and then to electric utility transformers, which deliver electricity to domestic, commercial, and industrial end-users. Components such as power substations, transmission lines, power cables, switchgears, and power transformers are extensively used in power grids and electricity distribution systems. Therefore, they make primary building blocks in a T&D infrastructure. The market is segmented into power cables, transformers, and switchgears.
This report aims to provide a comprehensive presentation of the global market for Smart Grid Transmission and Distribution Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Grid Transmission and Distribution Equipment. This report contains market size and forecasts of Smart Grid Transmission and Distribution Equipment in global, including the following market information:
Global Smart Grid Transmission and Distribution Equipment Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Smart Grid Transmission and Distribution Equipment Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Smart Grid Transmission and Distribution Equipment companies in 2022 (%)
The global Smart Grid Transmission and Distribution Equipment market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The increasing demand for power generation is one of the major factors that have a positive impact on the growth of the market during the next few years. With the increasing population and the rise in rapid urbanization and industrialization, the demand for power will considerably increase in the coming years. This will drive the need for new manufacturing plants and the expansion of existing plants to meet the growing demand, which will subsequently drive the need for T&D equipment.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Smart Grid Transmission and Distribution Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Grid Transmission and Distribution Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Smart Grid Transmission and Distribution Equipment Market Segment Percentages, by Type, 2022 (%)
    High-Voltage Direct Current (HVDC)
    Flexible AC Transmission System (FACTS)
    Synchrophasors
Global Smart Grid Transmission and Distribution Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Smart Grid Transmission and Distribution Equipment Market Segment Percentages, by Application, 2022 (%)
    Power Station
    Transformer Substation
    Others
Global Smart Grid Transmission and Distribution Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Smart Grid Transmission and Distribution Equipment Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smart Grid Transmission and Distribution Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Smart Grid Transmission and Distribution Equipment revenues share in global market, 2022 (%)
Key companies Smart Grid Transmission and Distribution Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Smart Grid Transmission and Distribution Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    ABB
    Emerson
    Omron
    Prysmian
    NARI Group
    S & C Electric
Outline of Major Chapters:
Chapter 1: Introduces the definition of Smart Grid Transmission and Distribution Equipment, market overview.
Chapter 2: Global Smart Grid Transmission and Distribution Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Smart Grid Transmission and Distribution Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Smart Grid Transmission and Distribution Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Smart Grid Transmission and Distribution Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.