Ever-Growing Energy Needs to Drive Demand for Power Transmission & Distribution Equipment, According to an Upcoming Report by Global Industry Analysts, Inc.

GIA initiates research coverage on the global “Electric Power Transmission and Distribution Equipment” market, as part of its ongoing multiple research projects on diverse industries and markets. The soon to be released report identifies escalating energy demand, focus on renewable energy, and establishment of new electric utilities, as primary growth drivers in the market.

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Power Transmission & Distribution Equipment: A Global Multi-Client Research Initiative

San Jose, California (PRWEB) July 21, 2014

Follow us on LinkedIn – GIA is pleased to announce the launch of a major research program analysing the trends impacting the market for “Electric Power Transmission and Distribution Equipment”. Invited to participate in this comprehensive grassroots level global research initiative are senior industry executives, domain experts, technologists and market strategists. The new report to be issued shortly will offer accurate assessment of global market developments including major technologies, trends and challenges, together with descriptive, exploratory, and quantitative analysis of major product and geographic market segments. For details about how you can participate in this primary research program to include your inputs prior to the publication, please click here.

Growing demand for energy worldwide and government focus on achieving sustainable energy self-sufficiency are together creating a critical need for expanding energy infrastructure. Against this backdrop, the market for electricity distribution and transmission equipment is projected to register robust growth backed by increasing number of new installations required to meet rising electricity demand. The need to replace aging installed base of existing power transmission and distribution equipment is also driving growth in the market. Regulatory mandates for bringing improvements in grid reliability will additionally make upgradation obligatory, thus extending regulatory driven stability to the trend. Developing countries in Asia-Pacific, Latin America and the Middle East are attractively positioned to drive growth in the world market led by new housing construction which opens newer and additional subdivisions for distributing power. Other factors driving growth in these regions include rural electrification, rapid industrialization, focus on renewable sources of energy, and infrastructure expansion.

The upcoming report will offer coverage on major companies including Alstom, ABB, Cooper Industries Plc., General Electric Company, Hammond Power Solutions Inc., and Mitsubishi Electric Corporation, among others.

In addition, the study will also provide:

  • Valuable market based intelligence on new emerging trends, growth drivers, issues and challenges.
  • Current coverage on company information and latest news and events including strategic corporate developments, and product innovations
  • Fresh research perspectives, statistical findings, analyst analysis, and commentaries
  • Accurate market estimates, projections, and forecasts across product segments (Transformers (Power Transformers, Distribution Transformers) and Switchgears (Medium-Voltage Switchgears and High-Voltage Switchgears) and major geographic markets (the United States, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World).

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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Contact

  • Raghu Gopal
    Global Industry Analysts Inc
    +1 408-528-9966
    Email

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