Infinium Global Research has added
a new report on Power
Transmission Components Market . The report presents analysis of global
as well as regional markets of power transmission components market over the
period of 2016 to 2024. Electric power transmission is the bulk movement of electrical
energy from a generating site, such as a power plant, to an electrical
sub-station. The interconnected lines that facilitate this movement are known
as a transmission network. Power transmission devices are very commonly used to
transmit power from one shaft to another. The power is transmitted from one
shaft to the other by means of belts, chains, and gears. The belts and ropes
are flexible members that are used where the distance between the two shafts is
large.
Increasing demand for safe and reliable power along with rising
urban population are the factors driving the growth of the power transmission
components market. In addition, rising inclination towards the enhancement of
bulk transmission capability of grid infrastructure and ongoing electrification
in untapped region particularly in underdeveloped and developed regions is
further anticipated to boost the power transmission components market. On the
other hand, up gradation of aging networks is anticipated to drive the
transformers industries along with growing concern about the safety will boost
the demand for circuit breakers and isolators Limited budget allocation of
developing and underdeveloped nations restricts the widespread adopted of power
transmission infrastructure. This, in turn, is likely to restrain the growth of
the power transmission components market during the forecast period.
Furthermore, government across the globe are providing incentives for
installations of new age power transmission components to achieve significant
energy savings this is providing several growth opportunities for the key
players in the power transmission components market over the upcoming
years. Among the geographies, North America held the leading share in the
power transmission components market. The initiatives by
the government to control the carbon emission and Presence of
components manufacturing companies in this region is anticipated to boost the
power transmission components in the North American region. Moreover,
growing energy demand across emerging electricity markets including India along
with rising investments to integrate a sustainable grid infrastructure will
drive the industry growth in the Asia Pacific regions. Moreover,
the growth matrix presented by Infinium Global Research identifies the key
investment markets in the near future, this will not only help the companies to
understand the competitive position in the global power transmission components
market but also make strategic decisions
to capture the most lucrative markets in the near future. The market size is
presented in terms of value for the historic year 2016 and estimated for
forecast period of 2018-2024.
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15% discount for early purchase of global power transmission components market report
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The recent report identified that
North America dominated the global power transmission components market over
the last couple of years, while emerging markets of Asia-Pacific and Latin
America are anticipated to contribute significantly to the growth in the power
transmission components market worldwide.
The report segments the global
power transmission components market on the basis of Component, Voltage Level
and Current.
Global Power Transmission
Components Market by Component
·
Transformer
·
Switchgears & Circuit Breakers
·
Insulators And Capacitors
·
Others(Power Convertors And
Relays)
Global Power Transmission
Components Market by Voltage Level
·
132 KV
·
220 KV
·
440 KV
·
660 KV, 765 KV
Global Power Transmission
Components Market by Current
·
HVDC
·
HVAC
Companies Profiled in the Report
·
Sterlite
·
Tebian Electric Apparatus Stock
·
L&T
·
Emerson
·
Mitsubishi
·
BHEL
·
KEC International
·
Hitachi
·
Tebian Electric Apparatus Stock
·
Hyundai
About Infinium Global Research
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