The Electric Power Transmission, Control, And Distribution Global Market Report 2021-31 by The Business Research Company describes and explains the global electric power transmission, control, and distribution market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Electric Power Transmission, Control, And Distribution Global Market Report 2022 covers electric power transmission, control, and distribution market drivers, electric power transmission, control, and distribution market trends, electric power transmission, control, and distribution market segments, electric power transmission, control, and distribution market growth rate, electric power transmission, control, and distribution market major players, and electric power transmission, control, and distribution market size.
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The electric power transmission, control, and distribution market report provides in-depth analysis of the impact of COVID-19 on the global electric power transmission, control, and distribution industry along with revised market numbers due to the effects of the coronavirus and the expected electric power transmission, control, and distribution market growth numbers for 2022-2031.
The global electric power transmission, control, and distribution market size is expected to grow from $2.47 trillion in 2021 to $2.66 trillion in 2022 at a compound annual growth rate (CAGR) of 7.8%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The electric power transmission, control, and distribution market is expected to reach $3.47 trillion in 2026 at a CAGR of 6.8%.
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Electric Power Transmission, Control, And Distribution Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the electric power transmission, control, and distribution market is segmented By Type: Electric Power Distribution, Electric Bulk Power Transmission And Control
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