electric power generation transmission and distribution market
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Global Electric Power Generation, Transmission, And Distribution Market Size, Forecasts, And Opportunities

Learn about the global electric power generation, transmission, and distribution market through The Business Research Company, which provides information on electric power generation, transmission, and distribution market size, electric power generation, transmission, and distribution market drivers and restraints, electric power generation, transmission, and distribution market players, the COVID-19 impact on the electric power generation, transmission, and distribution market, and more.

 

The global electric power generation, transmission, and distribution market size is expected to grow from $4,091.77 billion in 2021 to $4,433.15 billion in 2022 at a compound annual growth rate (CAGR) of 8.3%. The growth in the electric power generation, transmission, and distribution market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The electric power generation, transmission, and distribution market is expected to reach $5,932.43 billion in 2026 at a CAGR of 7.6%.

The power generation industry is expected to see increased investment activity in the forecast period. Investments in microgrid technology, renewables and other advanced technologies are expected to drive the market.

 

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The electric power generation, transmission, and distribution market consists of sales of electric power by entities (organizations, sole traders and partnerships) that generate, transmit, and/or distribute electric power. Establishments in this market are engaged in operating generation facilities that produce electric energy; operating transmission systems that convey the electricity from the generation facility to the distribution system; or operating distribution systems that convey electric power received from the generation facility or the transmission system to the final consumer.

 

Global Electric Power Generation, Transmission, And Distribution Market Segments Include:
By Type: Electric Power Transmission, Control, And Distribution, Power Generation

By End-User: Residential, Commercial, Industrial

By Type Of Operator: Public Operator, Private Operator

Subsegments Covered: Electric Power Distribution, Electric Bulk Power Transmission And Control, Hydro Electricity, Fossil Fuel Electricity, Nuclear Electricity, Solar Electricity, Wind Electricity, Geothermal Electricity, Biomass Electricity, Other Electricity

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global electric power generation, transmission, and distribution market in 2020.

 

Electric power generation companies are increasingly using batteries to store solar energy during daylight hours. These energy-storage sites consist of large lithium-ion batteries. These batteries store enough energy to serve as a back-up in case of fuel shortages. They are designed to absorb solar power and feed it back to the grid. These systems minimize the need for capital intensive power generation plants, thereby enhancing transmission and distribution efficiencies and thus reduce operational costs.

 

TBRC’s electric power generation, transmission, and distribution market report covers:

Major Market Players: Electricite De France SA, Enel SpA, Tokyo Electric Power Co Holdings Incorporated, E.ON SE, Korea Electric Power Corporation, State Power Investment Corporation, Iberdrola, Exelon Corp, Engie, and Duke Energy Corp.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Electric Power Generation, Transmission, And Distribution Global Market Report 2022:  Market Size, Trends, And Global Forecast 2022 – 2026 is one of a series of new reports from The Business Research Company that provides electric power generation, transmission, and distribution market overviews, analyses and forecasts market size, share, electric power generation, transmission, and distribution market players, electric power generation, transmission, and distribution market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s electric power generation, transmission, and distribution market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here Is A List Of Similar Reports From The Business Research Company:

Power Generation Global Market Report 2022

Power Generation, Transmission And Control Equipment Global Market Report 2021

Power Generators Global Market Report 2020

 

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