The Global Electricity Generation Market Is Forecast To Grow At A High CAGR To 2020

December 22, 2018

Author: Srikanth Tbrc

The Business Research Company’s global electric power generation, transmission, and distribution market analysis covers the year-on-year growth of the global generation, transmission, and distribution market historic and forecast growth. It also includes chapters on the electric power generation, transmission, and distribution market trends, geographical analysis, and competitive landscape.

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The global generation, transmission, and distribution market is forecast to grow at a CAGR (compound annual growth rate) of around 3% to 2020.

Generation, Transmission, And Distribution Market Segmentation

According to TBRC’s global generation, transmission, and distribution market research, the market is split by segments into electric power transmission, control, and distribution, and electricity generation.

Electric power transmission, control, and distribution was the largest segment in the generation, transmission, and distribution market accounting for more than half the market share. This can be attributed to the presence of a large number of electric power transmission and distribution companies. This segment includes establishments involved in operating electric power transmission and distribution systems that control the transmission of electricity from the source to consumers.

Electricity generation was the smallest segment in the generation, transmission, and distribution market accounting for around 45% of the market. This segment includes power generation companies that produce electricity using a variety of sources such as hydro, fossil fuels, solar, nuclear wind and biomass.

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Although electricity generation was the smaller segment, it is forecast to grow at a higher CAGR of 4.2%, than the electric power transmission, control, and distribution segment which is forecast to grow at around 2%. The reason for this can be attributed to the increase in demand for electricity, as a result of rise in electricity penetration in Africa and developing countries in Asia. This can also be attributed to increase in manufacturing activity in countries such as China and India.

The global generation, transmission, and distribution market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

The global electric power transmission, control, and distribution market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the report are Électricité de France, Enel, Engie, Iberdrola, and Exelon.

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