18:49 | 08.03.2018
Global Generation, Transmission and Distribution Market Report 2018 – Analysis & Forecasts (2013-2021) – APAC Held 40% Market Share in 2017 – ResearchAndMarkets.com
Transmission, and Distribution Market Global Briefing 2018”
report has been added to ResearchAndMarkets.com’s
Generation, Transmission and Distribution market global briefing report
covers market characteristics, size and growth, segmentation, regional
breakdowns, competitive landscape, market shares, trends and strategies
for this market.
Utility business models are continuously evolving from traditional
electricity generation models to new business models such as distributed
generation models to cut costs and improve transmission and distribution
efficiencies. Distributed generation refers to localized power
generation using solar panels and other low-cost technologies to produce
electricity close to the point of consumption. Consumers are switching
to more cost-effective and controlled distributed generation networks,
therefore electric power generation companies should now focus on
distributed generation rather than a centralized electricity generation
model. Also, many companies are using new revenue models and incentives
instead of traditional cost-of-service models.
New York’s (Reforming Energy Vision) REV docket is focused on
distributed generation and performance-based incentives to push
utilities to serve grid needs. Electric utilities in states like
California, Minnesota and Massachusetts are also involved with the REV
initiative. According to Citigroup, in next two decades the European
decentralized electricity market will grow to one-third of total utility
Asia Pacific was the largest region in the generation, transmission, and
distribution market in 2017, accounting for around 40% market share.
This was mainly due to presence of a large number of households,
industries and power generation companies in the region. The region is
expected to lead the power distribution market due to the wide-ranging
development in the region. India and China are expected to be the
fastest growing markets for distribution panel boards in this region
from 2017-2023. Eastern Europe was the smallest region accounting for
less than 2.5% market share. This region is low producer and highest
importer of power.
Markets Covered: Electricity Generation, Electric Power Transmission,
Control, and Distribution Crude Oil & Natural Gas and Drilling Oil and
Time Series: Five years historic (2013-17) and forecast (2017-21).
Data: Market value in $ billions.
Data Segmentations: Regional breakdowns, market share of competitors,
key sub segments.
Electricite de France
China Guodian Corporation
Huaneng Power International Inc.
For more information about this report visit https://www.researchandmarkets.com/research/cbstjr/global?w=4
View source version on businesswire.com: http://www.businesswire.com/news/home/20180308006007/en/