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MARKET REPORT

Electric Transmission and Distribution Equipment Market Worldwide Survey On Product Need 2028

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Electric Transmission and Distribution Equipment Market Introduction

Electric transmission and distribution equipment are the tools that are employed for the movement of power or electrical energy from a power generation plant to an electrical substation located somewhere else. Electric transmission and distribution equipment involve interconnected lines, known as transmission networks, which facilitate the movement of electrical energy. Various types of electric transmission and distribution equipment, including transformers, wires & cables, power supply, and meters, are undergoing technological transformations with the rise in demand for more efficient, safer, and more reliable equipment.

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Electric Transmission and Distribution Equipment Market – Notable Developments

Siemens, GE-Alstom, ABB, 3m, Sterlite Power, Prysmian, Schneider Electric, Burns and McDonnell, and Power Engineering International, are among the leading companies in the electric transmission and distribution market.

  • ABB Groups – a Swiss-Swedish multinational corporation operating in the electric transmission and distribution market – recently announced that is has expanded its transformer product range by launching new products. The new range of ABB’s products includes ABB AbilityTMTXpertTMDry, which as the company claims is world’s first dry-type (oil free) digital transformer, along with another innovative product called TXpandTM. The company aims to expand its transformer product range with the digitally integrated transformer technologies such as the ABB AbilityTM, the TXpertTM distribution transformers, and the TXploreTM service solution.
  • GE Power and TransnetBW – two of the leading companies in the electric transmission and distribution equipment market – recently signed an agreement to build the Eichstetten 380 kV substation, which is a highly loaded link for the transmission grid in the southwest of Germany. The contract for a turnkey solution is mainly aligned with GE’s strategy to offer scalable power solutions and TransnetBW’s plans for expanding its electricity grid in Germany.
  • Prysmian Group – an Italian company in the electric transmission and distribution equipment market and world leader in the energy and telecom cable systems industry – announced that it has signed a €17 million contract with New Brunswick Power Corporation (NB Power) – an electric utility in the Atlantic Canada. The company declared that it will be developing a new submarine cable link which will connect the mainland power grid in the Canadian province to Campobello Island, Deer Island, and Grand Manan Island. The company will be upgrading the existing capacity of submarine transmission system in the Passamaquoddy Region of the Bay of Fundy, which presents very strong currents with the highest tides in the world.

Electric Transmission and Distribution Equipment Market Dynamics

Increasing Growth of the Power Industry will Drive Demand for Electric Transmission and Distribution Equipment

The global power industry is witnessing tremendous growth with the leading companies introducing digital transformations in their business operations. With the increasing urbanization and industrial developments worldwide, especially in emerging economies such as China and India, the global power demand has increased significantly in the past few years.

The world energy demand is likely to increase by whopping 30% by the end of the year 2040—the equivalent of adding another China and another India to the current energy demand, according to International Energy Agency (IEA). Thereby, increasing energy demand will directly reflect into a substantial growth in adoption of electric transmission and distribution equipment, which will support growth of the electric transmission and distribution equipment market in the upcoming years.

High Regulatory Standards and Guidelines for Electric Transmission and Distribution Equipment can Create Manufacturing Challenges

While the market for electric transmission and distribution equipment has been growing at a rapid pace, it is mandatory for market players to conform to strict regulatory requirements of governing bodies in various countries. In order to ensure the reliability and stability of electricity grids, various regularities bodies have established some guidelines and standards for electric transmission and distribution market players.

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Thereby, conforming to high stringency of mandatory reliability standards associated with the planning and operations of power systems, which address security concerns for critical electrical transmission and distribution, can lead to increased production cost for electric transmission and distribution equipment. This is creating some major manufacturing challenges for electric transmission and distribution equipment market players.

Adoption off the Electric Transmission and Distribution (T&D) Technology – A Predominant Trend in the Market

With the increasing growth of the electric transmission and distribution equipment market, leading market players are focusing on enhancing the performance, capture value of equipment, and reducing the asset-management costs for end-users, ultimately to stay at the edge of the competition in electric transmission and distribution equipment market.

T&D operators across the world are adopting new technologies to improve energy efficiency, reliability, and other features of electric transmission and distribution equipment. Furthermore, increasing investments in renewable energy facilities and needs for reducing energy losses is bolstering adoption of the next-generation T&D technologies across the electric transmission and distribution equipment market.

Electric Transmission and Distribution Equipment Market Segmentation

Based on voltage, the electric transmission and distribution equipment market is segmented into,

  • High Voltage
  • Medium Voltage
  • Low Voltage

Based on product types, the electric transmission and distribution equipment market is segmented into,

  • Meter
    • Smart Meter
    • Basic Meter
  • Transformer
    • Distribution Specialty
    • Power
  • Wire & Cable
  • Insulator & Capacitor
  • Switchgear

Based on the end-user, the electric transmission and distribution equipment market is segmented into,

  • Residential
  • Industrial
  • Energy and Utilities
  • Commercial

About TMR Research:

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

MARKET REPORT

Internet of Mobility Market Trends in the Market 2019 – 2027

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TMR’s latest report on global Internet of Mobility market

The recent market intelligence study by Transparency Market Research elaborates the all in all perspective of the worldwide Internet of Mobility market, from its historical growth through the future outlook. The report is scrutinized on the basis of product type, end use, region and market players. Each segment depicted based on market share, revenue, and demand prospect.

Analysts at TMR find that the global Internet of Mobility market reached a value of ~US$ xx Mn/Bn in 2018 and is anticipated to grow at CAGR of xx% during the forecast period 2019-2029. The growth is primarily driven by increasing demand for Internet of Mobility among the consumers, better disposable income, and enhanced GDP in developing countries.

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Market distribution:

Market segments and sub-segments

  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis
  • The regional analysis covers:

    • North America (U.S. and Canada)
    • Latin America (Mexico, Brazil, Peru, Chile, and others)
    • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    • Eastern Europe (Poland and Russia)
    • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    • Middle East and Africa (GCC, Southern Africa, and North Africa)

    The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

    A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

    Highlights of the report:

    • A complete backdrop analysis, which includes an assessment of the parent market
    • Important changes in market dynamics
    • Market segmentation up to the second or third level
    • Historical, current, and projected size of the market from the standpoint of both value and volume
    • Reporting and evaluation of recent industry developments
    • Market shares and strategies of key players
    • Emerging niche segments and regional markets
    • An objective assessment of the trajectory of the market
    • Recommendations to companies for strengthening their foothold in the market   

    Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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    After reading the Internet of Mobility market report, readers can:

    • Understand the drivers, restraints, opportunities and trends that impact the overall growth of the Internet of Mobility market.
    • Grasp the market outlook in terms of value and volume.
    • Study the strengths, weaknesses, opportunities and threats of each stakeholder operating in the Internet of Mobility market.
    • Learn about the manufacturing techniques of Internet of Mobility in brief.
    • Figure out the positive and negative factors impacting the product sales.

    What kind of questions the Internet of Mobility market report answers?

    1. Why is region witnessing the slowest demand growth for Internet of Mobility ?
    2. What kind of agreements are the players entering into in the global Internet of Mobility market?
    3. Which sub-segment will lead the global Internet of Mobility market by 2029 by product?
    4. Which Internet of Mobility market players hold significant shares in terms of value and volume?
    5. What alternatives are consumers looking for in the global Internet of Mobility market?

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    Why go for Transparency Market Research

    • One of the leading market research firms in India.
    • Serves 350+ clients every day.
    • Facilitates 60+ countries with innovative market ideas.
    • Artificial intelligence, and big data analytics for keeping clients updated regarding current market trends.
    • Available round the clock.

    About TMR

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    Contact

    Mr. Rohit Bhisey
    Transparency Market Research
    State Tower
    90 State Street,
    Suite 700,
    Albany, NY – 12207
    United States
    Tel: +1-518-618-1030
    USA – Canada Toll Free: 866-552-3453
    Email: [email protected]
    Website: http://www.transparencymarketresearch.com

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    MARKET REPORT

    Weather Forecasting Equipment Market Highlighting Regional Revenue Share Dominance During 2019-2027

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    Analysis of the Global Weather Forecasting Equipment Market

    The presented global Weather Forecasting Equipment market report provides reliable and credible insights related to the various segments and sub-segments of the market. The market study throws light on the various factors that are projected to impact the overall dynamics of the global Weather Forecasting Equipment market over the forecast period (20XX-20XX).

    According to the report, the value of the Weather Forecasting Equipment market was estimated to reach ~US$ XX in 2019 and attain a market value of ~US$ XX by the end of 2029. Further, the study reveals that the market is set to grow at a CAGR of XX% during the forecast period owing to a plethora of factors.

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    The market study aims to provide answers to the following questions related to the Weather Forecasting Equipment market:

    1. How are market players modifying their business models to gain a competitive edge in the Weather Forecasting Equipment market?
    2. Which market players are leading in terms of the adoption of novel technologies?
    3. What are the top factors that are expected to boost the growth of the Weather Forecasting Equipment market?
    4. Which is the most impactful growth strategy adopted by market players?
    5. What are the factors that could potentially hamper the growth of the Weather Forecasting Equipment market over the forecast period?

    The report splits the global Weather Forecasting Equipment market into different market segments such as

    Vaisala (Finland)
    Sutron Corporation (US)
    Campbell Scientific (US)
    Airmar Technology Corporation (US)
    Liquid Robotics (US)
    All Weather, Inc. (US)
    Morcom International, Inc. (US)
    Columbia Weather Systems (US)
    G. Lufft Mess-und Regeltechnik (Germany)
    Skye Instruments (UK)

    Segment by Regions
    North America
    Europe
    China
    Japan
    Southeast Asia
    India

    Segment by Type
    Barometer
    Anemometer
    Hygrometer
    Rain Gauge
    Thermometer
    Radiometer
    Scatterometer
    Spectrometer
    Others

    Segment by Application
    Agriculture
    Aviation
    Transportation & Logistics
    Energy & Power
    Marine
    Meteorology
    Hydrology
    Others

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    Vital data enclosed in the report:

    • SWOT analysis of the leading market players in the Weather Forecasting Equipment market
    • Analysis of the most lucrative distribution channels for market players in different regions
    • Assessment of the key success factors impacting the growth of the Weather Forecasting Equipment market on the global scale
    • Regulatory policies that are likely to accelerate/hamper the market growth
    • Year-on-Year growth of each market segment and sub-segment

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    MARKET REPORT

    Sodium Bicarbonate Market Challenges On Upcoming Trends 2019 – 2027

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    Latest Study on the Global Sodium Bicarbonate Market

    The latest report published by Transparency Market Research on the Sodium Bicarbonate market offers valuable insights related to the future prospects of the Sodium Bicarbonate market. The underlying trends, prospective opportunities, impeding factors, and notable market drivers are analyzed in the presented report.

    As per the study, the Sodium Bicarbonate market is expected to grow at a CAGR of ~XX% and reach a value of ~US$ towards the end of 2029. Moreover, an in-depth analysis of the micro and macro-economic elements that are expected to influence the trajectory of the Sodium Bicarbonate market during the forecast period (2019-2029) is included in the report.

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    Indispensable Insights Related to the Sodium Bicarbonate Market Included in the Report:

    • Estimated output of the Sodium Bicarbonate market in 2019
    • Growth factors and restraints likely to influence the dynamics of the Sodium Bicarbonate market
    • Growth prospects of the Sodium Bicarbonate market in various regions
    • Parameters expected to shape the growth of the Sodium Bicarbonate market
    • Company profiles of established players in the Sodium Bicarbonate market

    An in-depth evaluation of the growth prospects and market scenario in each region is enclosed in the report backed by informative and relevant list of figures, tables, and graphs. 

    Market segments and sub-segments

  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis
  • The regional analysis covers:

    • North America (U.S. and Canada)
    • Latin America (Mexico, Brazil, Peru, Chile, and others)
    • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    • Eastern Europe (Poland and Russia)
    • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    • Middle East and Africa (GCC, Southern Africa, and North Africa)

    The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

    A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

    Highlights of the report:

    • A complete backdrop analysis, which includes an assessment of the parent market
    • Important changes in market dynamics
    • Market segmentation up to the second or third level
    • Historical, current, and projected size of the market from the standpoint of both value and volume
    • Reporting and evaluation of recent industry developments
    • Market shares and strategies of key players
    • Emerging niche segments and regional markets
    • An objective assessment of the trajectory of the market
    • Recommendations to companies for strengthening their foothold in the market   

    Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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    The report clarifies the following doubts related to the Sodium Bicarbonate market:

    1. Which end-use is likely to dominate the Sodium Bicarbonate market in terms of demand and share?
    2. What is the scope for innovation in the Sodium Bicarbonate market?
    3. How are the evolving regulatory policies expected to impact the growth of the Sodium Bicarbonate market?
    4. Which region is likely to offer a plethora of opportunities for market players in the Sodium Bicarbonate market?
    5. How are market players aiming to enhance their manufacturing/production capacity?

    Why Companies Trust TMR’s Analytical Insights?

    • Swift and prompt customer support
    • Methodical and systematic market research process
    • Our reports have empowered the business prospects of over 500 clients
    • 24×7 customer support for domestic and international clients
    • Unbiased market insights and conclusions

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    About TMR

    Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

    Contact

    Transparency Market Research
    State Tower
    90 State Street,
    Suite 700,
    Albany, NY – 12207
    United States
    Tel: +1-518-618-1030
    USA – Canada Toll Free: 866-552-3453
    Email: [email protected]
    Website: http://www.transparencymarketresearch.com

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