Search results for: 'decade'

This research service is a comprehensive analysis of the market growth of transmission equipment (69kV and above) between 2021 and 2030; it covers transmission substations, power transformers, transmission cable length, and circuit breakers. The geographic scope includes North America, Europe, Asia-Pacific, the Middle East, Latin America, and Afric...

The global penetration rate for smart metering is forecast to increase from just over 40% at the start of 2022 to 65% by 2030. This growth will lead to an increased demand for meter data management (MDM) software. First-generation meters largely focus on basic functions such as billing and time-of-use pricing. With the growth of decentralized energ...

This research service is a comprehensive study of the transmission equipment (69kV and above) market growth over the next ten years (from 2021 to 2030). It includes transmission substation, power transformers, transmission cable length, and circuit breakers. The report covers North America, Europe, Asia-Pacific, Middle East, Latin America, and Afri...

The 2020s will see last-mile electricity infrastructure undergo some much-needed advancement,which will enhance the overall electricity system. It will become a smarter and a more responsive system, one in which a car could power a home or batteries could power an entire football stadium on match day. The possibilities will increase based on how co...

08 Jul 2022  |  North America  |  Market Research

Global Transformer Growth Opportunities

Greater Grid Resiliency, Increased Grid Intelligence, and Security of Supply— All Key Drivers of Future Growth

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Key Issues Addressed

Rising electricity demand complemented by sustained scaling up of renewable energy worldwide will boost investments in power transmission and distribution (T&D) infrastructure and grid assets, including transformers. The global transformer market revenue is expected to reach $64.24 billion in 2030; a market rebound is expected from 2022 onward. Tho...