Global power generation, transmission and control equipment market size and market growth opportunities


Global Power Generation, Transmission and Control Equipment Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026

Business Research Company Global Power Generation, Transmission and Control Equipment Market Report 2022: Market Size, Trends and Forecast to 2026

LONDON, GREATER LONDON, United Kingdom, March 7, 2022 /EINPresswire.com/ — According to “Power Generation, Transmission And Control Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026” published by The Business Research Company, the power generation, transmission and control equipment market size is expected to grow from $484.33 billion in 2021 to $538.91 billion in 2022 at a compound annual growth rate ( CAGR) of 11.3%. The growth of the market is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive lockdown measures involving social distancing, remote working and closure of business activities which resulted in operational challenges. According to TBRC’s power generation, transmission and control equipment market forecast, the market is expected to reach $794.67 billion in 2026 with a CAGR of 10.2%.

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The global power generation, transmission and control equipment market includes sales of power generation, transmission and control equipment by entities (organizations, sole proprietorships and partnerships) that produce power transformers , distribution and specialized, electric motors, generators and generating sets. , switching and switchboard devices, relays and industrial controls.

Global Power Generation, Transmission and Control Equipment Market Trends
The relay and industrial control industry is increasingly adopting SCADA (supervisory control and data acquisition) systems to improve process efficiency and productivity. SCADA systems are used to remotely control industrial processes such as power generation, manufacturing, and refining via coded signals over cloud channels. The applications of these SCADA systems are expected to increase mainly due to their scalability, ease of upgrade, emergence of global smart grid projects and increased use of cloud technologies. The power generation, transmission and control equipment market is also benefiting from strong demand for renewable energy and resource projects.

Segments of the global power generation, transmission and control equipment market
The global power generation, transmission and control equipment market is segmented:
By type: Transformer, electric motor and generator, switchgear and distribution board, relays and industrial controls
By Application: Residential, Commercial, Automotive, Others
By end-user sector: private, public
Sub-segments Covered: Low Power Transformers (100 MVA to 500 MVA), Medium Power Transformers (501 MVA to 800 MVA), High Power Transformers (801 MVA to 1,200 MVA), Electric Motors, Electric Generators, Switchboard distribution, switchgear, relays, industrial controls
By Geography: The global power generation market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.

To learn more about the Global Power Generation, Transmission and Control Equipment Market report, visit:
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The Global Power Generation, Transmission and Control Equipment Market Report 2022 is part of a series of new reports from The Business Research Company that provide insights into the Power Generation, Transmission and Control Equipment Market Power Generation, Transmission, and Control Equipment Market Analysis and Growth Forecast Power Generation, Transmission, and Control Equipment Market Growth, Generation, Transmission, and Control Equipment Market Share Generating, Transmission and Control Equipment Market segments and geographies, Generating, Transmission and Control Equipment Market players, Generating, Transmission and Control Equipment Market top competitors revenue control, profiles and market shares. The Power Generation, Transmission and Control Equipment Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.

The TBRC Energy Generation, Transmission and Control Equipment Market Report 2022 includes information on the following:

Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies

Main market players: Siemens AG, Schneider Electric SE, ABB Ltd, Nidec Corp, General Electric Company, Mitsubishi Electric Corp, Amphenol Corp, Legrand SA, Toshiba Corporation and Hanwha.

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

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

Looking for something else? Here is a list of similar reports from The Business Research Company:

Global Power Generation Market Report 2022
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Global Electrical and Electronics Market Report 2022
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Global Switchgear and Switchgear Market Report 2022
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About the business research company?
The Business Research Company has published over 1,000 industry reports covering over 2,500 market segments and 60 geographies. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. Reports are updated with detailed analysis of the impact of COVID-19 on various markets.

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Olivier Guirdham
The Business Research Company
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