The global power generation, transmission and control equipment market size is expected to grow from USD 484.33 billion in 2021 to USD 538.91 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The market growth 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. The power generation, transmission and control equipment market is expected to reach $794.67 billion in 2026 with a CAGR of 10.2%.
The trade research firm offers the Global Power Generation, Transmission and Control Equipment Market 2022 report in its Research Reports Store. This is the most comprehensive report available on this market and will help you gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the market size by region and country. It also compares historical and forecast market growth and highlights important trends and strategies that market players may adopt.
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The 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 specialty, electric motors, generators and generator sets, switchgears and switchboards, relays and industrial controls.
Some key players in the power generation, transmission and control equipment market are Siemens AG, Schneider Electric SE, ABB Ltd, Nidec Corp, General Electric Company, Mitsubishi Electric Corp, Amphenol Corp, Legrand SA, Toshiba Corporation and Hanwha .
The countries covered in the global power generation, transmission and control equipment market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia , the Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India. , Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, Korea South, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela, Vietnam.
Regions covered in the global power generation, transmission and control equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America South, the Middle East and Africa.
Segmentation of the energy generation, transmission and control equipment market:
1) By type
Electric motor and generator
Switchgear and distribution board
Industrial relays and controls
2) On request
3) By end user sector
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The table of contents of the report includes
2. Structure of the report
3. Characteristics of the power generation, transmission and control equipment market
4. Product analysis of Power Generation, Transmission and Control Equipment Market
5. Supply Chain of Power Generation, Transmission and Control Equipment Market
22. Major mergers and acquisitions in the power generation, transmission and control equipment market
23. Market Context: Electrical Equipment Manufacturing Market
26. Copyright and Disclaimer
This report covers market trends and dynamics of the Power Generation, Transmission and Control Equipment market in major countries – Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, Korea, South, UK and USA. The report also includes consumer surveys and various future opportunities for the market.
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