Wednesday, June 8, 2011

Global electric power transmission and distribution equipment market worth $128.9 billion in 2011

LONDON, ENGLAND: The Electric Power Transmission & Distribution (T&D) Equipment Market 2011-2021 is the latest report available on which assesses the changes occurring in an industry essential for economic development and growth. The study examines the leading 20 national markets and delivers insightful recommendations and forecasts. Our research evaluates the level of capital expenditure in the electric power T&D equipment market, showing that the market will be worth $128.9 billion in 2011.

The report forecasts growth rates and spending levels for the leading 20 markets. The predictions are supported by analysis of electrical generation, installed capacity, current infrastructure, major contracts and proposed network extensions. Large scale industrialisation, in BRIC countries and the ‘Next 11', will push growth in the T&D industry over the next 10 years.

Furthermore, electrification of rural areas will result in a surge in demand for electricity at a residential level. The recession caused investment into distribution projects to slow between 2007 and 2009, whilst the transmission market kept on growing. However, the economic recovery will result in both higher investment and a growing demand for energy.

The report analyses a wealth of data to show where the T&D market will develop based upon diverse factors and insight into the market, anticipating how and why the market will evolve from 2011 onwards. In addition the report highlights the latest technological development, focusing particularly on smart grids. The most significant drivers and restraints of the market are considered in order to provide readers with specific insights into the trends within the industry.

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