Market Research Report
Advanced Transmission and Distribution Technologies Overview: High and Low Voltage Power Delivery, Automation, Control, Drones, and Sensing and Metering: Global Forecasts and Analysis
|Published by||Navigant Research||Product code||924476|
|Published||Content info||74 Pages; 92 Tables, Charts & Figures
Delivery time: 1-2 business days
|Advanced Transmission and Distribution Technologies Overview: High and Low Voltage Power Delivery, Automation, Control, Drones, and Sensing and Metering: Global Forecasts and Analysis|
|Published: February 10, 2020||Content info: 74 Pages; 92 Tables, Charts & Figures||
The transmission and distribution (T&D) networks are at the core of utilities' business. Most of these networks throughout the world are 50 or more years old, and many are in dire need of an injection of both technology and capital to maintain the high levels of grid performance demanded by customers today. And with a growing percentage of the global utility-scale generation mix coming from renewables, advanced T&D technologies are becoming more important.
The global market for advanced T&D technologies is large and growing significantly. The total market size for each technology, as well as the growth rate, is indicative of both the size and complexity of the electric grid within each region. Asia, for example, commands a strong regional market share across all technologies, as it is investing heavily in building out its long-distance transmission infrastructure with high voltage direct current (HVDC) and other expensive technologies across its expansive grid. Developed regions such as North America and Europe are investing in distribution technologies, and developing regions such as Latin America and Middle East & Asia are witnessing high growth rates of more than 10% annually.
This Navigant Research report identifies, discusses, and forecasts the global market for key advanced T&D technologies. The study analyzes key utility investment strategies and global trends and provides regional forecasts for more than a dozen technology segments through 2029. A thorough assessment of the key market drivers, critical market barriers, and key industry players is included, and recommendations for both T&D product vendors and utilities are provided.