Power Infrastructure Global Market Report 2025

Description

Power infrastructure refers to the comprehensive systems and facilities involved in the generation, transmission, distribution, and management of electricity. Its primary role is to ensure a stable, efficient, and continuous power supply. This infrastructure is vital for fostering economic development, enhancing quality of life, and supporting technological progress. Additionally, a resilient power network is essential for sustaining critical services and safeguarding national security.

The main categories of power infrastructure are renewable and non-renewable. Renewable power infrastructure utilizes sustainable energy sources and incorporates decentralized generation, grid integration, and energy storage to enhance reliability and minimize environmental impact. The infrastructure includes key components such as generation, transmission, and distribution, and supports applications across industrial, commercial, and residential sectors. It serves various end users, including utilities, independent power producers, governments, and others.

The power infrastructure market research report is one of a series of new reports from The Business Research Company that provides power infrastructure market statistics, including the power infrastructure industry global market size, regional shares, competitors with the power infrastructure market share, detailed power infrastructure market segments, market trends, opportunities, and any further data you may need to thrive in the power infrastructure industry. This power infrastructure market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The power infrastructure market size has grown strongly in recent years. It will grow from $1,474.16 billion in 2024 to $1,559.08 billion in 2025 at a compound annual growth rate (CAGR) of 5.8%. Growth in the historical period can be attributed to rising electricity demand in urban centers, rapid industrialization in emerging economies, increased use of household appliances, expansion of fossil fuel-based power generation, and the implementation of rural electrification initiatives.

The power infrastructure market size is expected to see strong growth in the next few years. It will grow to $1,923.52 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. Looking forward, growth in the forecast period is expected to be driven by the expansion of electric vehicle charging infrastructure, greater integration of renewable energy sources, rising demand for a reliable power supply, the development of smart grid networks, and increasing energy needs of data centers. Key trends anticipated include advancements in grid management technologies, innovations in energy storage systems, continued R&D in microgrids, the emergence of digital substations, and progress in transmission automation technologies.

The rising adoption of renewable energy is expected to drive the growth of the power infrastructure market in the coming years. Renewable energy refers to electricity generated from naturally replenishing sources such as sunlight, wind, and water. The growing emphasis on renewable energy stems from increasing climate concerns and the global push by governments and industries to reduce carbon emissions through cleaner energy alternatives. Power infrastructure plays a crucial role in this transition by facilitating the efficient transmission, storage, and integration of intermittent energy sources like solar and wind into the power grid, thereby ensuring consistent and stable energy supply. For example, in December 2024, the European Commission, a Belgium-based governing authority, reported that in 2023, renewable energy represented 24.5% of the EU's total energy consumption, up from 23.0% in 2022. Thus, the growing shift toward renewable energy is fueling the expansion of the power infrastructure market.

Key players in the power infrastructure market are focusing on developing next-generation technologies, such as advanced battery energy storage systems, to improve grid efficiency and support the seamless integration of renewable energy. Battery energy storage systems are compact, scalable solutions designed to store large volumes of electricity, allowing for greater flexibility and reliability in energy distribution. For instance, in May 2024, Powin Corporation, a US-based energy storage technology firm, introduced the Powin Pod, a new generation pod platform. This innovation offers a 50% increase in energy density compared to the previous Centipede platform, includes enhanced safety features like liquid cooling and fire prevention compliance, and delivers improved cost efficiency and operational reliability. The Pod is integrated with Powin's proprietary software and long-term support services, available for global orders with deliveries starting in mid-2025, and U.S.-based production beginning in 2026.

In May 2025, Macquarie Asset Management, an Australia-based investment and asset management firm specializing in infrastructure and renewable energy, acquired Island Green Power for an undisclosed sum. This acquisition supports Macquarie's strategy to expand its renewable energy portfolio and accelerate the development of utility-scale solar and green energy projects in key regions. Island Green Power is a UK-based company involved in delivering power infrastructure solutions.

Major players in the power infrastructure market are Hitachi Ltd., General Electric Company, Mitsubishi Electric Corporation, Siemens Energy, ABB Ltd., Eaton Corporation, Aptiv PLC, Quanta Services Inc., Prysmian Group, TBEA Co. Ltd., Nexans S.A, Tata Power Company Limited, NexTier Oilfield Solutions, Suzlon Energy Ltd., CG Power and Industrial Solutions Limited, Powell Industries Inc., Hexagon Purus, Efacec Power Solutions, Powin Energy, ENGIE UK

Asia-Pacific was the largest region in the power infrastructure market in 2024. The regions covered in power infrastructure report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the power infrastructure market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The power infrastructure market consists of revenues earned by entities by providing services such as electricity generation, grid management, and equipment installation services. The market value includes the value of related goods sold by the service provider or included within the service offering. The power infrastructure market also includes sales of generators, turbines, wind turbine components, solar panels, and inverters. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Power Infrastructure Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on power infrastructure market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for power infrastructure ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The power infrastructure market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Type: Renewable; Non-Renewable
2) By Component: Generation; Transmission; Distribution
3) By Application: Industrial Power; Commercial Power; Residential Power
4) By End-User: Utilities; Independent Power Producers; Government; Other End-Users
Subsegments:
1) By Renewable: Solar Power; Wind Power; Hydropower; Biomass Energy; Geothermal Energy; Ocean Energy
2) By Non-Renewable: Coal-Based Power; Natural Gas Power; Nuclear Power; Oil-Based Power
Companies Mentioned: Hitachi Ltd.; General Electric Company; Mitsubishi Electric Corporation; Siemens Energy; ABB Ltd.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r36344

1. Executive Summary

2. Power Infrastructure Market Characteristics

3. Power Infrastructure Market Trends And Strategies

4. Power Infrastructure Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

5. Global Power Infrastructure Growth Analysis And Strategic Analysis Framework

5.1. Global Power Infrastructure PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Power Infrastructure Market Growth Rate Analysis
5.4. Global Power Infrastructure Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Power Infrastructure Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Power Infrastructure Total Addressable Market (TAM)

6. Power Infrastructure Market Segmentation

6.1. Global Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Renewable
Non-Renewable
6.2. Global Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Generation
Transmission
Distribution
6.3. Global Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Industrial Power
Commercial Power
Residential Power
6.4. Global Power Infrastructure Market, Segmentation By End-User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Utilities
Independent Power Producers
Government
Other End-Users
6.5. Global Power Infrastructure Market, Sub-Segmentation Of Renewable, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Solar Power
Wind Power
Hydropower
Biomass Energy
Geothermal Energy
Ocean Energy
6.6. Global Power Infrastructure Market, Sub-Segmentation Of Non-Renewable, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Coal-Based Power
Natural Gas Power
Nuclear Power
Oil-Based Power

7. Power Infrastructure Market Regional And Country Analysis

7.1. Global Power Infrastructure Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Power Infrastructure Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Power Infrastructure Market

8.1. Asia-Pacific Power Infrastructure Market Overview
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Power Infrastructure Market

9.1. China Power Infrastructure Market Overview
9.2. China Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Power Infrastructure Market

10.1. India Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Power Infrastructure Market

11.1. Japan Power Infrastructure Market Overview
11.2. Japan Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Power Infrastructure Market

12.1. Australia Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Power Infrastructure Market

13.1. Indonesia Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Power Infrastructure Market

14.1. South Korea Power Infrastructure Market Overview
14.2. South Korea Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Power Infrastructure Market

15.1. Western Europe Power Infrastructure Market Overview
15.2. Western Europe Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Power Infrastructure Market

16.1. UK Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Power Infrastructure Market

17.1. Germany Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Power Infrastructure Market

18.1. France Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Power Infrastructure Market

19.1. Italy Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Power Infrastructure Market

20.1. Spain Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Power Infrastructure Market

21.1. Eastern Europe Power Infrastructure Market Overview
21.2. Eastern Europe Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Power Infrastructure Market

22.1. Russia Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Power Infrastructure Market

23.1. North America Power Infrastructure Market Overview
23.2. North America Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Power Infrastructure Market

24.1. USA Power Infrastructure Market Overview
24.2. USA Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Power Infrastructure Market

25.1. Canada Power Infrastructure Market Overview
25.2. Canada Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Power Infrastructure Market

26.1. South America Power Infrastructure Market Overview
26.2. South America Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Power Infrastructure Market

27.1. Brazil Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Power Infrastructure Market

28.1. Middle East Power Infrastructure Market Overview
28.2. Middle East Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Power Infrastructure Market

29.1. Africa Power Infrastructure Market Overview
29.2. Africa Power Infrastructure Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Power Infrastructure Market, Segmentation By Component, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Power Infrastructure Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Power Infrastructure Market Competitive Landscape And Company Profiles

30.1. Power Infrastructure Market Competitive Landscape
30.2. Power Infrastructure Market Company Profiles
- 30.2.1. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. General Electric Company Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Mitsubishi Electric Corporation Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. Siemens Energy Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. ABB Ltd. Overview, Products and Services, Strategy and Financial Analysis

31. Power Infrastructure Market Other Major And Innovative Companies

31.1. Eaton Corporation
31.2. Aptiv PLC
31.3. Quanta Services Inc.
31.4. Prysmian Group
31.5. TBEA Co. Ltd.
31.6. Nexans S.A
31.7. Tata Power Company Limited
31.8. NexTier Oilfield Solutions
31.9. Suzlon Energy Ltd.
31.10. CG Power and Industrial Solutions Limited
31.11. Powell Industries Inc.
31.12. Hexagon Purus
31.13. Efacec Power Solutions
31.14. Powin Energy
31.15. ENGIE UK

32. Global Power Infrastructure Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Power Infrastructure Market

34. Recent Developments In The Power Infrastructure Market

35. Power Infrastructure Market High Potential Countries, Segments and Strategies

35.1 Power Infrastructure Market In 2029 - Countries Offering Most New Opportunities
35.2 Power Infrastructure Market In 2029 - Segments Offering Most New Opportunities
35.3 Power Infrastructure Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer