PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1719376
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1719376
U.S. Electric Power Transmission and Distribution Market Size & Share Analysis - Trends, Drivers, Competitive Landscape, and Forecasts (2025 - 2032)
The U.S. electric power transmission and distribution market is forecasted to grow from USD 89.9 billion in 2024 to USD 110.4 billion by 2032, advancing at a CAGR of 2.7%. This growth is driven by the need for upgraded infrastructure to meet rising electricity demand, particularly from expanding urban areas and industries. Government policies, such as the Inflation Reduction Act, are promoting investments in grid modernization, including the integration of smart grids, high-voltage systems, and renewable energy sources, ensuring more resilient and efficient energy delivery systems.
Key Insights
Transmission lines dominate the market, contributing 70% of the revenue share in 2024, due to the critical role of high-voltage lines in delivering electricity from generation sites to substations.
Transformers, the largest product category (55% of market share), remain essential in voltage regulation, ensuring stable electricity distribution.
The South region is the fastest-growing, driven by increasing demand for energy, while the West remains the largest market.
The shift towards renewable energy and the rise of electric vehicles are increasing the need for modernized transmission and distribution systems.
High-voltage direct current (HVDC) transmission and flexible alternating current transmission systems (FACTS) are gaining traction for their ability to efficiently transmit power over long distances, including integrating offshore wind energy.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market Size Breakdown, by Application
- 1.4.2. Market Size Breakdown, by Product
- 1.4.3. Market Size Breakdown, by Voltage
- 1.4.4. Market Size Breakdown, by End User
- 1.5. Market Data Reporting Unit
- 1.5.1. Revenue
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence Database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Industry Background
- 5.2. Market Dynamics
- 5.2.1. Trends
- 5.2.2. Drivers
- 5.2.3. Restraints/Challenges
- 5.2.4. Emerging Economies and Key Opportunities
- 5.2.5. Impact Analysis of Drivers/Restraints
- 5.3. Impact of COVID-19
- 5.4. Sociopolitical Impact
- 5.5. Porter's Five Forces Analysis
- 5.5.1. Bargaining Power of Buyers
- 5.5.2. Bargaining Power of Suppliers
- 5.5.3. Threat of New Entrants
- 5.5.4. Intensity of Rivalry
- 5.5.5. Threat of Substitutes
Chapter 6. Competitive Landscape
- 6.1. List of Market Players and their Offerings
- 6.2. Market Share of Key Players (2024)
- 6.3. Competitive Benchmarking of Key Players
- 6.4. Product Benchmarking of Key Players
- 6.5. Recent Strategic Developments by Key Players
- 6.6. Company Leadership Matrix
Chapter 7. U.S. Market
- 7.1. Overview
- 7.2. Market Revenue, by Application (2019-2032)
- 7.3. Market Revenue, by Product (2019-2032)
- 7.4. Market Revenue, by Voltage (2019-2032)
- 7.5. Market Revenue, by End User (2019-2032)
- 7.6. Market Revenue, by Country (2019-2032)
Chapter 8. Northeast Market
- 8.1. Overview
- 8.2. Economic Indicators
- 8.3. Demographics and Population Insights
- 8.4. Regional Hotspots
- 8.5. Growth Drivers
- 8.6. Challenges and Barriers
- 8.7. Competitive Strategies
- 8.8. Emerging Players
- 8.9. Compliance Requirements
- 8.10. Emerging Investment Areas
- 8.11. Major Ongoing Projects
- 8.12. Market Size and Forecast
- 8.12.1. Market Revenue, by Application (2019-2032)
- 8.12.2. Market Revenue, by Product (2019-2032)
- 8.12.3. Market Revenue, by Voltage (2019-2032)
- 8.12.4. Market Revenue, by End User (2019-2032)
Chapter 9. Midwest Market
- 9.1. Overview
- 9.2. Economic Indicators
- 9.3. Demographics and Population Insights
- 9.4. Regional Hotspots
- 9.5. Growth Drivers
- 9.6. Challenges and Barriers
- 9.7. Competitive Strategies
- 9.8. Emerging Players
- 9.9. Compliance Requirements
- 9.10. Emerging Investment Areas
- 9.11. Major Ongoing Projects
- 9.12. Market Size and Forecast
- 9.12.1. Market Revenue, by Application (2019-2032)
- 9.12.2. Market Revenue, by Product (2019-2032)
- 9.12.3. Market Revenue, by Voltage (2019-2032)
- 9.12.4. Market Revenue, by End User (2019-2032)
Chapter 10. West Market
- 10.1. Overview
- 10.2. Economic Indicators
- 10.3. Demographics and Population Insights
- 10.4. Regional Hotspots
- 10.5. Growth Drivers
- 10.6. Challenges and Barriers
- 10.7. Competitive Strategies
- 10.8. Emerging Players
- 10.9. Compliance Requirements
- 10.10. Emerging Investment Areas
- 10.11. Major Ongoing Projects
- 10.12. Market Size and Forecast
- 10.12.1. Market Revenue, by Application (2019-2032)
- 10.12.2. Market Revenue, by Product (2019-2032)
- 10.12.3. Market Revenue, by Voltage (2019-2032)
- 10.12.4. Market Revenue, by End User (2019-2032)
Chapter 11. South Market
- 11.1. Overview
- 11.2. Economic Indicators
- 11.3. Demographics and Population Insights
- 11.4. Regional Hotspots
- 11.5. Growth Drivers
- 11.6. Challenges and Barriers
- 11.7. Competitive Strategies
- 11.8. Emerging Players
- 11.9. Compliance Requirements
- 11.10. Emerging Investment Areas
- 11.11. Major Ongoing Projects
- 11.12. Market Size and Forecast
- 11.12.1. Market Revenue, by Application (2019-2032)
- 11.12.2. Market Revenue, by Product (2019-2032)
- 11.12.3. Market Revenue, by Voltage (2019-2032)
- 11.12.4. Market Revenue, by End User (2019-2032)
Chapter 12. Company Profiles
Chapter 13. Appendix
- 13.1. Sources and References
- 13.2. Related Reports
