Pune, India, Aug. 30, 2022 (GLOBE NEWSWIRE) -- According to MarketStudyReport, worldwide power transmission component market was valued at USD 57,800 million in 2021 and is anticipated to register a healthy growth rate of 3.5% over 2022-2028, accumulating USD 73,670 million by the end of the study duration.
The research also examines numerous challenges faced by industry participants and provides vital information for business expansion in existing and new markets. In addition to a deep dive analysis of industry’s drivers, it also provides a thorough study of the regional overview and competitive landscape.
The continuing renovation and modernization of existing grid infrastructure around the world will lead to an increase in the consumption of power transmission components. Moreover, burgeoning investments and supportive legislative policies favoring cross-border electric networks would further fuel product demand globally.
Request Sample copy of this Report @ https://www.marketstudyreport.com/request-a-sample/4893784/
The industry revenues will gain positive momentum as a result of ongoing repairs to damaged power supply equipment and the installation of cutting-edge transformers and transmission towers.
For the record, products utilized in systems with moving parts from a power generating location, like power plant, to an electrical platform are referred to as power transmission components. These are made to offer continuous power supply and aid long-term savings.
However, factors such as increased demand for distributed energy technology and the growing integration of renewable energy sources are anticipated to deter market growth through the forecast duration.
Ask Discount of this research report at @ https://www.marketstudyreport.com/check-for-discount/4893784/
Elaborating market segmentation
The global power transmission component industry is segmented into transmission type, application scope, and geographical landscape. By transmission type, the market is divided into insulators, circuit breakers, transformers, transmission towers, arrestors, transmission lines, and others. In terms of application scope, this business sphere is divided into military & defense, industrial, energy, and others.
Elucidating regional analysis
Americas, APAC, Middle East & Africa, and Europe are the key regional contributors to industry growth. The US power transmission component market growth is expected to gain traction in the approaching years.
To access a sample copy or view this report in detail along with the table of contents, please click the link below:
Global Power Transmission Component Market by Transmission Type (Revenue, USD Million, 2017-2028)
- Transformer
- Insulator
- Circuit Breaker
- Arrestor
- Transmission Tower
- Transmission Line
- Others
Global Power Transmission Component Market by Application Scope (Revenue, USD Million, 2017-2028)
- Industrial
- Energy
- Military & Defense
- Others
Global Power Transmission Component Market by Geographical Landscape (Revenue, USD Million, 2017-2028)
Americas
- United States
- Canada
- Mexico
- Brazil
Europe
- Germany
- France
- UK
- Italy
- Russia
Asia Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- China Taiwan
Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
Global Power Transmission Component Market by Competitive Dashboard (Revenue, USD Million, 2017-2028)
ABB
- Crompton Greaves
- EATON
- Toshiba Corporation
- Siemens
- General Electric
- Emerson Electric Co.
- Hitachi Ltd.
- Mitsubishi Electric Corporation
- Schneider Electric
- Hyundai Motor Company
- BHEL
Table of Content:
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Power Transmission Component Annual Sales 2017-2028
2.1.2 World Current & Future Analysis for Power Transmission Component by Geographic Region, 2017, 2022 & 2028
2.1.3 World Current & Future Analysis for Power Transmission Component by Country/Region, 2017, 2022 & 2028
2.2 Power Transmission Component Segment by Type
2.3 Power Transmission Component Sales by Type
2.3.1 Global Power Transmission Component Sales Market Share by Type (2017-2022)
2.3.2 Global Power Transmission Component Revenue and Market Share by Type (2017-2022)
2.3.3 Global Power Transmission Component Sale Price by Type (2017-2022)
2.4 Power Transmission Component Segment by Application
2.5 Power Transmission Component Sales by Application
3 Global Power Transmission Component by Company
3.1 Global Power Transmission Component Breakdown Data by Company
3.1.1 Global Power Transmission Component Annual Sales by Company (2020-2022)
3.1.2 Global Power Transmission Component Sales Market Share by Company (2020-2022)
3.2 Global Power Transmission Component Annual Revenue by Company (2020-2022)
3.2.1 Global Power Transmission Component Revenue by Company (2020-2022)
3.2.2 Global Power Transmission Component Revenue Market Share by Company (2020-2022)
3.3 Global Power Transmission Component Sale Price by Company
3.4 Key Manufacturers Power Transmission Component Producing Area Distribution, Sales Area, Product Type
3.5 Market Concentration Rate Analysis
4 World Historic Review for Power Transmission Component by Geographic Region
4.1 World Historic Power Transmission Component Market Size by Geographic Region (2017-2022)
4.1.1 Global Power Transmission Component Annual Sales by Geographic Region (2017-2022)
4.1.2 Global Power Transmission Component Annual Revenue by Geographic Region
4.2 World Historic Power Transmission Component Market Size by Country/Region (2017-2022)
4.2.1 Global Power Transmission Component Annual Sales by Country/Region (2017-2022)
4.2.2 Global Power Transmission Component Annual Revenue by Country/Region
4.3 Americas Power Transmission Component Sales Growth
4.4 APAC Power Transmission Component Sales Growth
4.5 Europe Power Transmission Component Sales Growth
4.6 Middle East & Africa Power Transmission Component Sales Growth
5 Americas
5.1 Americas Power Transmission Component Sales by Country
5.1.1 Americas Power Transmission Component Sales by Country (2017-2022)
5.1.2 Americas Power Transmission Component Revenue by Country (2017-2022)
5.2 Americas Power Transmission Component Sales by Type
5.3 Americas Power Transmission Component Sales by Application
6 APAC
6.1 APAC Power Transmission Component Sales by Region
6.1.1 APAC Power Transmission Component Sales by Region (2017-2022)
6.1.2 APAC Power Transmission Component Revenue by Region (2017-2022)
6.2 APAC Power Transmission Component Sales by Type
6.3 APAC Power Transmission Component Sales by Application
7 Europe
7.1 Europe Power Transmission Component by Country
7.1.1 Europe Power Transmission Component Sales by Country (2017-2022)
7.1.2 Europe Power Transmission Component Revenue by Country (2017-2022)
7.2 Europe Power Transmission Component Sales by Type
7.3 Europe Power Transmission Component Sales by Application
8 Middle East & Africa
8.1 Middle East & Africa Power Transmission Component by Country
8.1.1 Middle East & Africa Power Transmission Component Sales by Country (2017-2022)
8.1.2 Middle East & Africa Power Transmission Component Revenue by Country (2017-2022)
8.2 Middle East & Africa Power Transmission Component Sales by Type
8.3 Middle East & Africa Power Transmission Component Sales by Application
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Power Transmission Component
10.3 Manufacturing Process Analysis of Power Transmission Component
10.4 Industry Chain Structure of Power Transmission Component
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Power Transmission Component Distributors
11.3 Power Transmission Component Customer
12 World Forecast Review for Power Transmission Component by Geographic Region
12.1 Global Power Transmission Component Market Size Forecast by Region
12.1.1 Global Power Transmission Component Forecast by Region (2023-2028)
12.1.2 Global Power Transmission Component Annual Revenue Forecast by Region (2023-2028)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Power Transmission Component Forecast by Type
12.7 Global Power Transmission Component Forecast by Application
13 Key Players Analysis
Related Report:
Europe Power Transmission Lines & Towers Market Share By Voltage, Current, Product, Application, Industry Analysis Report, Regional Outlook, Competitive Market Share & Forecast, 2020 - 2026
Europe Power Transmission Lines & Towers Market Share to Make Great Impact by 2026.Europe power transmission lines & towers market is anticipated to witness significant growth on account of rising electricity demand from residential and commercial sectors. Introduction of favorable government policies and norms for the development of smart grid networks along with the growing investment toward the revamping and refurbishment of existing T&D infrastructure will further enhance the industry landscape. Moreover, ongoing technological advancement in grid systems coupled with the integration of cutting-edge power solutions across the supply network are some of the key underlaying factors boosting the business growth. Germany power transmission lines & towers market is set to witness substantial growth on account of growing regulatory efforts to develop a smart grid infrastructure across the country. For instance, as per the Germanya??s Grid Development Plan, the installation of more than 6,670 Km of new AC/DC grid network will be achieved by 2030.
About US:
Market Study Report is a hub for market intelligence products and services.
We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.
Our customers partner with Market Study Report, to ease their search and evaluation of market intelligence products and services and in turn focus on their company's core activities.
If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, is the platform that can help you in achieving any of these objectives.
