US demand for electric power transmission and distribution (T&D) equipment is forecast to climb 4.8 percent annually to $30.4 billion in 2017. Electric meters will be the fastest growing type, driven by the ongoing development of the ?smart grid.? Electric utilities will remain the largest market, while residential uses will grow the fastest.This study analyzes the $24 billion US electric T&D equipment industry. It presents historical demand data for the years 2002, 2007 and 2012, and forecasts for 2017 and 2022 by product (e.g., switchgear and switchgear 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 such as Eaton, 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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