US demand for electric T&D equipment will grow 2.6 percent annually through 2013. Gains will be driven by upgrades to the US electric grid, more power generated by independent producers and cogenerators, and the installation of renewable energy systems such as wind. Switchgear and meters (e.g., smart meters) will be the fastest growing types.This study analyzes the $21 billion US electric T&D industry. It presents historical demand data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by product (switchgear and switchboard apparatus, transformers, pole and transmission line hardware, electric meters) and market (electric utilities, industrial and nonutility generators, commercial sector, residential sector, government and institutions).The study also considers market environment factors, details industry structure, evaluates company market share and profiles 35 industry competitors, including ABB, Siemens and General Electric.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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