Industry Trends

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Transmission and Distribution
Most Promising Segments “Transmission and Distribution”
  • Battery Management System Market

    The global battery management system market size is expected to grow from USD 9.1 billion in 2024 to USD 22.0 billion by 2029, at a compound annual growth rate (CAGR) of 19.3%. during the forecas ...

  • Virtual Power Plant Market

    The global virtual power plant (VPP) market is projected to reach USD 5.5 billion by 2029, at a CAGR of 23.4% during the forecast period. Some of the major players in the virtual power plant mark ...

  • DERMS Market

    The Distributed energy resource management systems (DERMS) market is projected to reach USD 1.44 billion by 2029, at a CAGR of 18.8% during the forecast period. Some of the major players in the D ...

  • Utility Drones Market

    The global utility drones market is estimated to be USD 110.2 million in 2018 and is projected to reach USD 538.6 million by 2023, at a CAGR of 37.34% from 2018 to 2023. Rising demand for minimiz ...

  • Meter Data Management System Market

    The global meter data management system market is projected to reach a size of USD 428 million by 2023, at a CAGR of 20.48%, from an estimated USD 169 million in 2018. This growth can be attribut ...

  • Building Twin Market

    The global building twin market is expected to grow from USD 2.1 billion in 2024 to USD 13.3 billion by 2029, at a compound annual growth rate (CAGR) of 44.7% during the forecast period.The key p ...

High Impact Segment
  • Photovoltaic Market

    The photovoltaics (PV) market size is expected to grow from USD 96.5 billion in 2023 to USD 155.5 billion by 2028, at a compound annual growth rate (CAGR) of 10.0% during the forecast period.Tha ...

  • Low Voltage Cable Market

    Power cables & accessories are the basic requirement for transmission and distribution of electricity from the point of generation to the point of consumption. Depending on the application, power ...

  • Cables and Accessories Market

    The global cables and accessories market is estimated to reach a size of USD 121.63 Billion in 2017, and is further projected to reach USD 158.25 Billion by 2022 growing at a CAGR of 5.40% from 2 ...

  • Top 10 High & Medium Voltage Products Market

    The global top 10 high and medium voltage products market is projected to reach USD 349.7 billion by 2028; it is expected to record a CAGR of 5.8% during the forecast period. Some of the major pl ...

  • Geospatial Solutions Market

    The geospatial solutions market is expected to grow from USD 239.1 billion in 2019 to 502.6 billion by 2024, at a compound annual growth rate (CAGR) of 13.2% during the forecast period.The report ...

  • Power Grid Market

    The global power grid market is projected to reach USD 367.4 billion by 2028, at a CAGR of 5.4% during the forecast period. Some of the major players in the power grid market are Hitachi Energy(S ...

Company
  • ABB LTD
  • SIEMENS AG
  • SCHNEIDER ELECTRIC
  • EATON CORPORATION
  • GENERAL ELECTRIC
  • MITSUBISHI ELECTRIC CORPORATION
  • TOSHIBA CORPORATION
  • FUJI ELECTRIC CO. LTD.
  • KEC INTERNATIONAL LIMITED
  • HITACHI
Company
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