Transmission and Distribution Market

Transmission and Distribution Market Size by Transmission Cable Type (Underground Transmission, Sub-Transmission, & Overhead Transmission), Product Type (Switchgears, Transmission Tower, Transformer, Power Cables and Wires, & Others), Application, Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2022 to 2030

Base Year: 2021 Historical Data: 2019-20
  • Report ID: TBI-12785
  • Published Date: May, 2022
  • Pages: 239
  • Category: Energy & Power
  • Format: PDF
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The global transmission and distribution market is expected to reach USD 421.70 billion by 2030, at a CAGR of 5.72% from 2022 to 2030. Transmission and distribution market growth would be driven by increasing demand for energy by the residential, commercial, industrial, agriculture, mining, and other economically fundamental sectors. The growing need to develop technologies that reduce power loss and energy during transmission and distribution is gaining momentum, thereby significantly contributing to the growth of the global transmission and distribution market. The increasing population with greater purchasing power has led to an equal increase in the demand for smart homes, offices, appliances, and services, further propelling the energy demand and providing an impetus to the development transmission and distribution market.

Market Overview:

Power plants utilize fossil fuels such as coal to produce electricity. Electricity is an essential and critical part of the modern economy; it keeps the economy moving. Electricity is needed for charging, heating, cooling, refrigeration, lighting, electronics, appliances, and other commodities in our homes, offices, manufacturing units, agricultural fields, and mining sites. The electricity produced at the power stations needs to be transported to the previously mentioned places for their intended utilization; transmission and distribution systems are responsible for transporting energy from its source to the end-users. The transmission and distribution system uses various conductors, cables, poles, transformers, wires, and earthing systems to function as a transportation channel for electricity. It is an intricate system designed for seamless energy travel from the power plants to the end-users. It has interconnected wires, transmission lines, and cables. The transmission part of the system is responsible for transporting energy from power plants to sub-stations; it carries large amounts of energy with high voltage over long distances. In comparison, the distribution refers to the transfer of electricity from sub-stations to households, industrial units, and other end users via distributors. The transmission lines are used to convey high-frequency electromagnetic waves in a contained manner, which are then used in televisions, circuits, telephone lines, and internet connections. In today's globalized world, the seamless functioning of transmission and distribution systems is essential. The growing digitization and automation emphasize the urgency to develop more advanced, faster, durable, reliable, and efficient transmission and distribution systems, significantly contributing to the global transmission and distribution market.

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Market Dynamics:

Drivers:
  • Increasing energy demands

The rising population, rapid urbanization, and industrialization have significantly contributed to the increasing energy demand. The growing popularity and adoption of digitization and automation have also created new energy demands with the rising dependence on electricity for the functioning of economies. The increase in disposable income of the population has led to the surge in demand for high-end appliances, electronics, smart homes, and offices equipped with technologically driven devices, increasing consumers' energy consumption. Industrialization in developing economies will also contribute to the rising energy consumption. Such factors will drive the transmission and distribution market as they are critical for fulfilling rising energy demands.

Restraints:
  • The replacement of aging infrastructure

Developed countries' transmission and distribution structures are old and incompatible with the new, more reliable, durable, and efficient components. Technological advancements have led to better transformers, lines, cables, and wires, which reduce power loss, and are faster and more cost-effective. These advanced components are not always compatible with the existing transmission and distribution structures, restricting the market's growth. The up-gradation of old transmission and distribution structures to integrate new technologies requires extensive capital investments, which are not feasible for private players and could restrict the market's growth.

  • Dependency on coal imports

The fastest-growing economies of Asia and the developed economies of Europe depend on coal and gas imports to meet their energy needs. As the Russia Ukraine war has highlighted, the fossil fuel dependency disrupts the momentum of the domestic economies, restricting their growth. Similarly, the higher import dependency on coal imports for producing energy may limit the development of the global transmission and distribution market.

Opportunities:
  • Technological advancements

To reduce the power loss during transmission and distribution, market players are devising new products and devices that facilitate energy conservation. Increasing investments in research and development of weather-resistant equipment and superconducting equipment for reducing emissions will provide lucrative opportunities in the transmission and distribution market. The increased pace of climate change has created an urgency to cut down carbon emissions drastically. There is an evident shift in government initiatives that involves establishing renewable energy sources & smart power grids. The government subsidies & incentives for encouraging the development and integration of smart transmission and distribution structures will also provide lucrative opportunities for the transmission and distribution market.

Challenges:
  • Stringent regulatory guidelines

The transmission and distribution market is responsible for carrying high voltage energy. Such a vast amount of energy is potentially dangerous without proper protective measures. Therefore, the governments and regulatory bodies have stringent protective guidelines, rules, regulations, and standards governing the transmission and distribution market. The rules and regulations ensure the safety of the end-users and protect stakeholders' interests from being exploited by influential market players. The regulatory bodies ensure compliance from market players, enforce environmental guidelines to reduce emissions, and they spearhead the transition from conventional to renewable energy sources. Such stringent guidelines could challenge the growth of the transmission and distribution market.

Segmentation Analysis:

The global transmission and distribution market has been segmented based on transmission cable type, product type, application, and regions.

  • The transmission cable type segment is divided into the underground transmission, sub-transmission, & overhead transmission. The underground segment dominated the market, with a market share of around 48% in 2021. Developed economies like the United States, Germany, Russia, Japan, and France dominate the global transmission and distribution market. These economies have developed their transmission and distribution lines underground to avoid weather-induced electricity failures. Underground transmission cables don't disrupt the appearance of the surroundings and are less vulnerable to fluctuations in temperature, wind, and other natural conditions.
  • The product type segment is divided into switchgear, transmission tower, transformer, power cables, and wires, & others. Over the forecast period, the switchgear segment is expected to grow at the fastest CAGR of 7.6%. The growing demand for safe, secure, and reliable transmission lines that protect electrical appliances and devices will drive the growth of this segment. Switchgear help isolate the electrical equipment and prevent losses. The rising adoption of high-end appliances with high-voltage requirements will drive the growth of this segment in the forecast period.
  • The application segment is divided into industrial, commercial, residential & others. In 2021, the industrial segment dominated the market, accounting for around 46% of global revenue. The growth of the automotive, manufacturing, and aerospace sectors will contribute to higher energy demands. Sectors mentioned above need devices with high current carrying capability, fast switching rate, and minimal power dissipation. These are fulfilled by a reliable, durable, and efficient transmission and distribution grid.
Regional Segmentation Analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The North American region emerged as the largest market for the global transmission and distribution market, with a 38% share of the market revenue in 2021.

  • The North American region currently dominates the transmission and distribution market due to its well-established infrastructure and significant market players. Asia-Pacific is expected to be the fastest-growing region during the forecast period due to the adoption of new policies by the government, which is encouraging the establishment of smart power grids with high voltage direct current capabilities and less transmission loss.

North American Region Transmission and Distribution Market Share in 2021 - 38%

 

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Competitive Analysis:

The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global transmission and distribution industry.

Itron, Inc., a provider of innovative energy and water management solutions for utilities and communities, announced the introduction of Itron Smart Pay for utilities and cities in North America in November 2021.

List of Key Market Players:

  • ABB Ltd.
  • Mitsubishi Electric
  • Larsen & Turbo
  • Schneider Electric
  • Siemens
  • Kirloskar Group
  • Eaton
  • Engine
  • Bharat Heavy Electricals Limited
  • EDF

Key Target Audience

  • Market Players
  • Investors
  • Power Distributors
  • Government Authorities
  • Consulting And Research Firm
  • Venture capitalists
  • Third-party knowledge providers
  • Value-Added Resellers (VARs)

Report Description:

  • Global Transmission and Distribution Market, Industry Analysis, Trends, Analysis and Forecast, 2022 to 2030 is a forthcoming/imminent research report which is to be published by The Brainy Insights.
  • 2021 is considered as the base year of the report. 2019 and 2021 are the historic years, and 2022 to 2030 are the forecast years. The global transmission and distribution market is based on revenue (USD Billion). The report incorporates the market study based on revenue. The study covers the market share revenue/market share/volume for each segment, region, and country catering to the global transmission and distribution market. The regions analyzed for the market are Europe, Asia Pacific, North America, South America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
  • The report encompasses the relative data & information, which have been validated by the leading industry professionals and experts across the globe. The research report also delivers an outline of the attractiveness of transmission and distribution based on transmission cable type, product type, applications, and regions which are deduced and formulated based on their growth rate (CAGR), market size, and attractiveness by analyzing the present and prospects to fathom market growth and development in future.
  • The report illustrates the detailed (both quantitative and qualitative) analysis of historical data, revenues, key developments, along with the crucial strategies adopted by key organizations catering to the global transmission and distribution market. This offers vital and in-depth insights to depict the overall market scenario.
  • The report offers the detailed study for the company profiles of key organizations operating in the global transmission and distribution market and a comparative assessment based on their product offering, business overviews, geographic presence, business strategies, segment market share, product development & innovations, recent developments, joint venture, partnerships, mergers & acquisitions, strategic alliances, SWOT analysis, and key financial information. This helps in evaluating the overall competition present in the market scenario.
  • The report provides an elaborative assessment of the porter's five forces analysis coupled with SWOT analysis to provide business related data and information. Porter's five forces model is analyzed to understand the overall competitive scenario that is prevailing in the market. Additionally, the SWOT analysis identifies both the positive and negative attributes of the market development which influences the company's growth and development to sustain and survive in the long run.
  • Along with that, the report also focuses on the market related driving factors, growth limitations (restraints), potential industry opportunities, significant trends and development which act as a key potential for the investors.
  • Potential growth prospects along with the penetration rate analysis of the product (market related, i.e., global transmission and distribution market) are covered to comprehend the adoption rate and evaluate the market size. 

Frequesntly Asked Questions

As per The Brainy Insights, the size of the transmission and distribution market was valued at USD 255.62 billion in 2021 to USD 421.70 billion by 2030.

The global transmission and distribution market is growing at a CAGR of 5.72% during the forecast period 2022-2030.

The global transmission and distribution market has been segmented based on transmission cable type, product type, applications, and regions. The underground transmission segment led the market in 2021.

The North American region emerged as the largest market for transmission and distribution market.

The market's growth will be influenced by increasing energy demands.

The replacement of ageing infrastructure and dependency on coal imports could hamper the market growth.

Technological advancements will provide huge opportunities to the market.

Key players are ABB Ltd., Mitsubishi Electric, Larsen & Turbo, Schneider Electric, Siemens, Kirloskar Group, Eaton, Engie, Bharat Heavy Electricals Limited, and EDF.

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience

2. Research Methodology and Assumptions

3. Executive Summary

4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis by Transmission Cable Type
          4.3.2. Market Attractiveness Analysis by Product Type
          4.3.3. Market Attractiveness Analysis by Application
          4.3.4. Market Attractiveness Analysis by Region
    4.4. Industry Trends

5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Increasing energy demand
    5.3. Restraints
          5.3.1. The replacement of ageing infrastructure
          5.3.2. Dependency on coal imports
    5.4. Opportunities
          5.4.1. Technological advancements
    5.5. Challenges
          5.5.1. Stringent regulatory guidelines

6. Global Transmission and Distribution Market Analysis and Forecast, By Transmission Cable Type
    6.1. Segment Overview
    6.2. Underground Transmission
    6.3. Sub-Transmission
    6.4. Overhead Transmission

7. Global Transmission and Distribution Market Analysis and Forecast, By Product Type
    7.1. Segment Overview
    7.2. Switchgears
    7.3. Transmission Tower
    7.4. Transformer
    7.5. Power Cables and Wires
    7.6. Others

8. Global Transmission and Distribution Market Analysis and Forecast, By Application
    8.1. Segment Overview
    8.2. Commercial
    8.3. Industrial
    8.4. Residential
    8.5. Others

9. Global Transmission and Distribution Market Analysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa

10. Global Transmission and Distribution Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in the Transmission and Distribution Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Product Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions

11. Company Profiles
    11.1. ABB Ltd.
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Product Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. Mitsubishi Electric
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Product Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. Larsen & Turbo
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Product Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. Schneider Electric
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Product Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. Siemens
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Product Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. Kirloskar Group
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Product Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. Eaton
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Product Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. Engie
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Product Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. Bharat Heavy Electrical Limited
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Product Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis
    11.10. EDF
          11.10.1. Business Overview
          11.10.2. Company Snapshot
          11.10.3. Company Market Share Analysis
          11.10.4. Company Product Portfolio
          11.10.5. Recent Developments
          11.10.6. SWOT Analysis
 

List of Table

1. Global Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

2. Global Underground Transmission and Distribution Market, By Region, 2019-2030 (USD Billion) 

3. Global Sub-Transmission and Distribution Market, By Region, 2019-2030 (USD Billion) 

4. Global Overhead Transmission and Distribution Market, By Region, 2019-2030 (USD Billion) 

5. Global Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

6. Global Switchgears Transmission and Distribution Market, By Region, 2019-2030 (USD Billion) 

7. Global Transmission Tower Transmission and Distribution Market, By Region, 2019-2030 (USD Billion) 

8. Global Transformer Transmission and Distribution Market, By Region, 2019-2030 (USD Billion) 

9. Global Power Cables and Wires Transmission and Distribution Market, By Region, 2019-2030 (USD Billion) 

10. Global Others Transmission and Distribution Market, By Region, 2019-2030 (USD Billion) 

11. Global Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

12. Global Commercial Transmission and Distribution Market, By Region, 2019-2030 (USD Billion) 

13. Global Industrial Transmission and Distribution Market, By Region, 2019-2030 (USD Billion) 

14. Global Residential Transmission and Distribution Market, By Region, 2019-2030 (USD Billion) 

15. Global Other Transmission and Distribution Market, By Region, 2019-2030 (USD Billion) 

16. Global Transmission and Distribution Market, By Region, 2019-2030 (USD Billion) 

17. North America Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

18. North America Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

19. North America Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

20. U.S. Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

21. U.S. Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

22. U.S. Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

23. Canada Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

24. Canada Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

25. Canada Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

26. Mexico Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

27. Mexico Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

28. Mexico Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

29. Europe Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

30. Europe Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

31. Europe Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

32. Germany Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

33. Germany Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

34. Germany Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

35. France Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

36. France Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

37. France Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

38. U.K. Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

39. U.K. Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

40. U.K. Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

41. Italy Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

42. Italy Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

43. Italy Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

44. Spain Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

45. Spain Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

46. Spain Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

47. Asia Pacific Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

48. Asia Pacific Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

49. Asia Pacific Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

50. Japan Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

51. Japan Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

52. Japan Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

53. China Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

54. China Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

55. China Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

56. India Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

57. India Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

58. India Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

59. South America Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

60. South America Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

61. South America Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

62. Brazil Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

63. Brazil Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

64. Brazil Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

65. Middle East and Africa Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

66. Middle East and Africa Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

67. Middle East and Africa Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

68. UAE Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

69. UAE Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

70. UAE Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

71. South Africa Transmission and Distribution Market, By Transmission Cable Type, 2019-2030 (USD Billion) 

72. South Africa Transmission and Distribution Market, By Product Type, 2019-2030 (USD Billion) 

73. South Africa Transmission and Distribution Market, By Application, 2019-2030 (USD Billion) 

List of Figures 

1. Global Transmission and Distribution Market Segmentation

2. Transmission and Distribution Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Transmission and Distribution Market Attractiveness Analysis by Transmission Cable Type

9. Global Transmission and Distribution Market Attractiveness Analysis by Product Type

10. Global Transmission and Distribution Market Attractiveness Analysis by Application

11. Global Transmission and Distribution Market Attractiveness Analysis by Region

12. Global Transmission and Distribution Market: Dynamics

13. Global Transmission and Distribution Market Share by Transmission Cable Type (2022 & 2030)

14. Global Transmission and Distribution Market Share by Product Type (2022 & 2030)

15. Global Transmission and Distribution Market Share by Application (2022 & 2030)

16. Global Transmission and Distribution Market Share by Regions (2022 & 2030)

17. Global Transmission and Distribution Market Share by Company (2021)

This study forecasts revenue at global, regional, and country levels from 2019 to 2030. The Brainy Insights has segmented the global transmission and distribution market based on below-mentioned segments:

Global Transmission and Distribution Market by Transmission Cable Type:

  • Underground Transmission
  • Sub-Transmission
  • Overhead Transmission   

Global Transmission and Distribution Market by Product Type:

  • Switchgears
  • Transmission Tower
  • Transformer
  • Power Cables and Wires
  • Others

Global Transmission and Distribution Market by Application:

  • Industrial
  • Commercial
  • Residential
  • Others  

Global Transmission and Distribution Market by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa

Methodology

Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision. 

Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.

The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.

Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:

MARKET RESEARCH PROCESS

Data Procurement:

The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.

The data procurement stage involves in data gathering and collecting through various data sources.

This stage involves in extensive research. These data sources includes:

Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:

  • The organizational databases such as D&B Hoovers, and Bloomberg that helps us to identify the competitive scenario of the key market players/organizations along with the financial information.
  • Industry/Market databases such as Statista, and Factiva provides market/industry insights and deduce certain formulations. 
  • We also have contractual agreements with various reputed data providers and third party vendors who provide information which are not limited to:
    • Import & Export Data
    • Business Trade Information
    • Usage rates of a particular product/service on certain demographics mainly focusing on the unmet prerequisites

Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.

Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.

The supply side for a domain specific market is analysed by:

  • Estimating and projecting penetration rates through analysing product attributes, availability of internal and external substitutes, followed by pricing analysis of the product.
  • Experiential assessment of year-on-year sales of the product by conducting interviews.

The demand side for the market is estimated through:

  • Evaluating the penetration level and usage rates of the product.
  • Referring to the historical data to determine the growth rate and evaluate the industry trends

In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.

Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:

  • Applying demographic along with psychographic segmentation for market evaluation
  • Determining the Micro and Macro-economic indicators for each region 
  • Examining the industry indicators prevailing in the market. 

Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:

  • Data Screening: Data screening is the process of scrutinising data/information collected from primary research for errors and amending those collected data before data integration method. The screening involves in examining raw data, identifying errors and dealing with missing data. The purpose of the data screening is to ensure data is correctly entered or not. The Brainy Insights employs objective and systematic data screening grades involving repeated cycles of quality checks, screening and suspect analysis.
  • Data Integration: Integrating multiple data streams is necessary to produce research studies that provide in-depth picture to the clients. These data streams come from multiple research studies and our in house database. After screening of the data, our analysts conduct creative integration of data sets, optimizing connections between integrated surveys and syndicated data sources. There are mainly 2 research approaches that we follow in order to integrate our data; top down approach and bottom up approach.

Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.

This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.

Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.

The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:

  • CXOs and VPs of leading companies’ specific to sector
  • Purchasing managers, technical personnel, end-users
  • Key opinion leaders such as investment bankers, and industry consultants

Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.

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