Global Power Generation, Transmission And Control Equipment Market Outlook Through 2023-2032
The Business Research Company’s Power Generation, Transmission And Control Equipment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Power Generation, Transmission And Control Equipment Global Market Report 2023 evaluates power generation, transmission and control equipment market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by
covering 60 geographies and focusing on major economies in each region – Asia-Pacific,
Western Europe, Eastern Europe, North America, South America, Middle East,
Africa.
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The global power
generation, transmission and control equipment market size grew from $516.88
billion in 2022 to $551.95 billion in 2023 at a compound annual growth rate
(CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic
recovery from the COVID-19 pandemic, at least in the short term. The war
between these two countries has led to economic sanctions on multiple
countries, a surge in commodity prices, and supply chain disruptions, causing
inflation across goods and services and affecting many markets across the
globe. The power generation, transmission and control equipment market is
expected to grow to $691.37 billion in 2027 at a CAGR of 5.8%.
The power
generation, transmission and control equipment market segments in the report
are:
1) By Type:
Transformer, Electric Motor And Generator, Switchgear And Switchboard
Apparatus, Relay And Industrial Controls
2) By
Application: Residential, Commercial, Automotive, Other Applications
3) By End User
Sector: Private, Public
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Transmission And Control Equipment Market Report:
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