Report overview
Smart T&D equipment transfers electricity from the transmission system to the consumer delivery point. Such equipment improves the overall efficiency of the smart grid, minimizes technical losses, improves O&M, and improves the longevity of the T&D equipment, deferring the investment and allowing grid operators to monitor and control the functions of the grid from a remote location. Smart T&D equipment includes reclosers, fault current indicators, automated switches, Volt-VAR control equipment, synchrophasor, and HVDC, among Others.
This report contains market size and forecasts of Smart Grid T&D Equipment in global, including the following market information:
Global Smart Grid T&D Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Smart Grid T&D Equipment Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Smart Grid T&D Equipment companies in 2021 (%)
The global Smart Grid T&D Equipment market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Transmission Equipment Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Smart Grid T&D Equipment include ABB, GE-Alstom Grid, Eaton, Schneider Electric, Siemens, Emerson, Omron, Prysmian and Aclara, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Smart Grid T&D Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Grid T&D Equipment Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Smart Grid T&D Equipment Market Segment Percentages, by Type, 2021 (%)
Transmission Equipment
Distribution Equipment
Global Smart Grid T&D Equipment Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Smart Grid T&D Equipment Market Segment Percentages, by Application, 2021 (%)
Power Station
Transformer Substation
Others
Global Smart Grid T&D Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Smart Grid T&D Equipment Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smart Grid T&D Equipment revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Smart Grid T&D Equipment revenues share in global market, 2021 (%)
Key companies Smart Grid T&D Equipment sales in global market, 2017-2022 (Estimated), (Units)
Key companies Smart Grid T&D Equipment sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
GE-Alstom Grid
Eaton
Schneider Electric
Siemens
Emerson
Omron
Prysmian
Aclara
NARI Group
Mitsubishi
S & C Electric
Chint Group
