Electric Power Transmission and Distribution - Global Strategic Business Report

Power Transmission and Distribution Equipment - Global Strategic Business Report

Global Industry Analysts, Date of Publication: Feb 16, 2018, 527 Pages
US$4,950.00
GIA-MCP1680
This report analyzes the worldwide markets for Power Transmission and Distribution Equipment in US$ Million by the following Segments: Transformers, Switchgears, and Others. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 215 companies including many key and niche players such as -

ABB Limited
ASTOR TRANSFORMER A.S
Bharat Heavy Electricals Limited
CG Power and Industrial Solutions Limited
DAIHEN Corporation
Diamond Power Infrastructure Limited

Power Transmission and Distribution Equipment - Global Strategic Business Report
TABLE OF CONTENTS

 I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

      Study Reliability and Reporting Limitations                       I-1
      Disclaimers                                                       I-2
      Data Interpretation & Reporting Level                             I-2
       Quantitative Techniques & Analytics                              I-3
      Product Definitions and Scope of Study                            I-3
       Transformers                                                     I-3
       Switchgears                                                      I-4


 II. EXECUTIVE SUMMARY

  1. INDUSTRY OVERVIEW                                                  II-1
      Power Transmission and Distribution (T&D) Equipment: The
       Cornerstone of a Reliable, Cost-Effective, Efficient, and
        Sustainable Electricity System                                  II-1
      Surging Energy Consumption and the Resulting Rise in Power
       Production, Transmission and Distribution: Foundation for
        Market Growth                                                   II-4
       Table 1: Projected Global Demand for Primary Energy (M Toe)
       and Electricity (MWh): 2015, 2020, 2025, 2030 & 2035
       (includes corresponding Graph/Chart)                             II-5

       Table 2: Global Energy Consumption (Billion toe): Growth
       Trajectory for the Period 1995-2035 (includes corresponding
       Graph/Chart)                                                     II-5

       Table 3: Global Delivered Energy Consumption (Billion Toe) by
       End-use Sector (2005, 2015, 2025, and 2035) (includes
       corresponding Graph/Chart)                                       II-6

       Table 4: Global Electricity Consumption by Geographic Region
       (2006, 2011, and 2016): Breakdown of Electricity Consumption
       (in MToe) for Africa, Asia-Pacific, Europe & Eurasia, Middle
       East, North America, and South & Central America (includes
       corresponding Graph/Chart)                                       II-7

       Table 5: Global Electricity Generation by Geographic Region
       (2006, 2011, and 2016): Breakdown of Electricity Generation
       (in Terawatt-hours) for Africa, Asia-Pacific, Europe &
       Eurasia, Middle East, North America, and South & Central
       America (includes corresponding Graph/Chart)                     II-7
       Transformations in Power Transmission Technology over the Years  II-8
      Global Market Outlook                                             II-9
       Improving Economy Buoys General Market Optimism                  II-10
        Table 6: World Real GDP Growth Rates (%) for the Years 2016,
        2017 & 2018 by Country (includes corresponding Graph/Chart)     II-13

        Table 7: World Real GDP Compounded Average Annual Growth
        Rates (%) for 2000-2016 and 2016-2025 by Region/Country
        (includes corresponding Graph/Chart)                            II-14

  2. COMPETITION                                                        II-15
      Power T&D Equipment Marketplace: Moderately Consolidated          II-15
      ABB: The Largest Transformer Company in the World Built by
       Path-breaking Innovations                                        II-15
       ABB Dominates the High Voltage Power Transmission Market         II-16
        Table 8: Leading Players in the Global High Power
        Transmission Equipment, Systems and Services Market (2017E):
        Market Share Breakdown for ABB Ltd, TBEA, Siemens, and
        Others (includes corresponding Graph/Chart)                     II-17
       ABB’s Portfolio of High-Efficiency Distribution Transformers     II-17
        Table 9: Leading Players in the World Distribution
        Transformers Market (2017E): Percentage Breakdown of Dollar
        Sales for ABB, Schneider, Siemens, and Others (includes
        corresponding Graph/Chart)                                      II-17
      Competitive Pressures Continue to Build Up in Power T&D
       Equipment Business                                               II-18
       Noteworthy Mergers, Acquisitions & Divestitures during the
        Years 2005 to 2017                                              II-19
      Smart Grid T&D Equipment: Competitive Vendor Landscape            II-20
       ABB                                                              II-20
       GE-Alstom Grid                                                   II-20
       Prysmian                                                         II-20
       Schneider Electric                                               II-21
       Siemens                                                          II-21
      Volatile Raw Material Prices: A Key Cause for Concern for
       Manufacturers                                                    II-21
       Table 10: Power Transformers Cost Breakdown (includes
       corresponding Graph/Chart)                                       II-22
       Raw Material Prices Alter Transformer Designs                    II-22

  3. MARKET TRENDS, ISSUES & DRIVERS                                    II-23
      Growing Demand for New-Age Power Transformers Offering Greater
       Reliability, Efficiency, Resilience, and Durability Drive
        Healthy Market Growth                                           II-23
       Self-Cooling Transformers from ABB                               II-26
       An Ester Fluid-based Phase Shifting Power Transformer by Siemens II-27
       Hybrid Power Transformers Technology                             II-27
       Energy Efficient and Eco-Friendly Power Transformers             II-29
       Innovative Alternative Fluids                                    II-30
       Design Innovation in Large Power Transformers                    II-30
       Dryformers by ABB                                                II-31
       Superconductor Based Power Transformers                          II-31
       HTS Transformers: Energy Efficient, Lightweight, and Small Sized II-31
       Gas-Insulated Power Transformers                                 II-32
        Future for Gas-Insulated Transformers Appears Bright            II-32
        IEC Standards for Gas-Insulated Transformers                    II-33
       Powerformer: A Superior Replacement for Step-Up Transformer      II-33
       Innovative On-load Tap Changers (OLTCs) Improves Reliability
        and Safety                                                      II-33
      Global T&D Vision of Increasing Renewable Energy in Power
       Systems Benefit Market Prospects for T&D Equipment               II-34
       Table 11: World Energy Production (in Billion Kilowatt Hours)
       by Energy Source for the Years 2017, 2020, 2030 and 2040
       (includes corresponding Graph/Chart)                             II-37
      Rising Utility Investments in Power T&D Infrastructure for
       Transitioning to the Smart Grid Standard Drive Market
        Adoption                                                        II-37
       Table 12: Global Investments in Smart Grids by Category (2017 & 
       2020): Breakdown of Investments (US$ Million) for
       Transmission Modernization, Distribution Automation, Networks
       Operations Software, Advanced Metering Infrastructure (AMI),
       and Others (includes corresponding Graph/Chart)                  II-39
       Power Infrastructure to Experience Considerable
        Transformation Driven by Technology Innovations                 II-39
        Novel Hardware Components Set to Emerge                         II-41
       Distribution Transformers with On-Load Tap Changers to Play
        Critical Role in Smart Grids                                    II-42
       Microgrids: Critically Important in Fulfilling Domestic
        Demand, Improving Reliability, and Enabling Local Control       II-43
       Smart Power Distribution Gains Momentum                          II-44
      Myriad Benefits and Superior Attributes over Traditional
       Transformers Drive Strong Demand for Smart Transformers          II-46
       Table 13: Global Smart Transformers Market - Annual Revenue
       Figures in US$ Million for Years 2014, 2016, 2018 & 2020
       (includes corresponding Graph/Chart)                             II-48
       Smart Transformers for Smarter Power Transmission and
        Distribution                                                    II-48
        Traditional Vs. Smart Transformers: A Comparison                II-50
      Growing Need to Curtail Energy Loss and Achieve Energy Savings
       Drive Demand for Distribution Transformers                       II-51
       Table 14: Global Installed Capacity (GVA) of Distribution
       Transformers by Region: 2005-2030 (includes corresponding
       Graph/Chart)                                                     II-53
       Huge Savings Potential of Higher Efficiency Distribution
        Transformers                                                    II-53
       Key Barriers to Adoption of Higher Efficiency Distribution
        Transformers                                                    II-54
       The Integrated Policy Approach for Transition to Higher
        Efficiency Distribution Transformers                            II-54
       Efforts for Making Energy Performance of Distribution
        Transformers More Visible                                       II-55
       Universal Adoption of MEPS Needed for More Savings               II-56
       Economic Incentives Encourage Distribution Networks to Adopt
        Higher Efficiency Transformers                                  II-56
       Need for Policy Frameworks                                       II-56
       Public Policies Concerning Transformers at the Product,
        Utility and Market Levels                                       II-57
        Product Level                                                   II-57
        Utility Level                                                   II-57
        Market Level                                                    II-57
      Switchgears: The Dominant Product Category Continue to Witness
       Growing Demand                                                   II-58
       Technological Breakthroughs Support Switchgears Growth           II-58
       Upgrade of Obsolete Systems to Spur Demand for Switchgears       II-59
       Switchgear Equipment to Benefit from Recovery in Residential
        and Commercial Construction                                     II-59
        Table 15: Global Construction Output by Country (2016):
        Breakdown of Construction Output (US$ Billion) and
        Percentage Change by 2022 (includes corresponding
        Graph/Chart)                                                    II-62

        Table 16: Percentage Contribution to Growth in Global
        Construction Output by Major Countries over the Period
        2010-2022 (includes corresponding Graph/Chart)                  II-62

        Table 17: Global Construction Market by Region (2017 &
        2020P): Percentage Breakdown of Construction Spending for
        Asia, Western Europe, North America, Latin America, Eastern
        Europe, Africa, and Middle East (includes corresponding
        Graph/Chart)                                                    II-63
      Energy Storage Set to Disrupt Investments in Transmission and
       Distribution Infrastructure                                      II-63
      Evolving Smart Cities and Smart Homes of the Future
       Necessitates Highly Capable Power T&D Networks                   II-65
       Table 18: Global Spending on Smart City Infrastructure by
       End-use (2017 & 2020): Breakdown of Spend (Hardware,
       Software, and Services) in US$ Million for Buildings & Homes,
       Education, Industry Automation, Power Supply, Security, and
       Others (includes corresponding Graph/Chart)                      II-67

       Table 19: Number of Smart Cities Worldwide (2013-2020)
       (includes corresponding Graph/Chart)                             II-68

       Table 20: Number of Smart Cities Worldwide by Geographic
       Region (2025) (includes corresponding Graph/Chart)               II-68

       Table 21: Number of Smart Homes Worldwide (in 000 Households)
       by Select Country for the Years 2015 & 2020 (includes
       corresponding Graph/Chart)                                       II-68

       Table 22: Global Connected Home Devices by Type (2015, 2017 &
       2020P): Breakdown of Shipments (in Million Units) for Smart
       Home Energy, Smart Home Security, Smart Appliances, and Other
       Systems (includes corresponding Graph/Chart)                     II-69
      Growing Threat of Global Warming Stokes Demand for Green
       Distribution Transformers                                        II-69
       Domestic Targets for Greenhouse Gas Emissions of Select
        Regions/Countries                                               II-70
       Green Transformer Program Supports Environmental Protection      II-70
       Benefits of Low-Loss Transformers                                II-71
       Transformers Going Green, Ester Used for Insulation Purposes     II-71
        Advantages of Natural Ester Fluid                               II-72
        Natural Ester Fluid-Based Amorphous Transformers                II-72
      Exponential Increase in Global Population & Urbanization Rate:
       A Mega Trend Favoring Market Expansion                           II-72
       Table 23: World Population (Millions) and Urbanization Rate
       (%) by Region/Country: 2016 & 2040 (includes corresponding
       Graph/Chart)                                                     II-74
      New Infrastructure, Upgrade, and Expansion Projects in
       Developing Countries Offer Immense Growth Potential              II-75
       Table 24: Global Power Transmission and Distribution
       Equipment Market - Geographic Regions Ranked by Value % CAGR
       for 2016-2024: Asia-Pacific, Latin America, Rest of World,
       USA, Canada, Europe, and Japan (includes corresponding
       Graph/Chart)                                                     II-76

       Table 25: Estimated Global Power Generation Infrastructure
       Requirement (in US$ Billion) for China, India and Latin
       America Over the Period 2010-2030 (includes corresponding
       Graph/Chart)                                                     II-76
       Rural Electrification Drive in Developing Countries Promote
        Growth                                                          II-76
      Aging Power T&D Infrastructure Underscores Need for
       Replacement and Upgrades in Developed Markets                    II-77
      Stabilizing Regulatory Environment Augurs Well for the Market     II-77
       Proposed/Approved Standards for Transformers in Select Countries II-78

  4. INNOVATIONS AND ADVANCEMENTS                                       II-79
      IoT Technologies for Power Transmission                           II-79
      Wireless Power Transmission                                       II-81
      High Voltage Transmission (HVT) Lines                             II-81
       Significance of Extra High Voltage (EHV)                         II-82
       EHV-Related Issues and Solutions                                 II-82
       High Voltage Transmission Deployment Gain Traction               II-83
      Overhead Lines (OHLs)                                             II-83
      Ultra-HVDC Transmission Lines                                     II-84
       HVDC Transmission Lines for Transmitting Renewable Energy to
        Remote Places                                                   II-85
      Intelligent Transformer Substations                               II-85
       Intelligent Solutions for Distribution Grids                     II-86
       Advanced Design                                                  II-86
       Adoption of Regulated Distribution Transformers                  II-87
      Notable Smart Transformer Innovations                             II-87

  5. PRODUCT OVERVIEW                                                   II-89
      Electric Power T&D Equipment: A Prelude                           II-89
       Electricity Generation and Transmission Ecosystem                II-89
      Types of Power Transmission and Distribution Equipment            II-90
       Power & Distribution Transformers                                II-90
        Transformers Overview                                           II-90
         Categorization of Distribution Transformers based on Their
          Capacities                                                    II-91
        Architecture of Transformers                                    II-92
        What Does a Transformer Do?                                     II-92
       Switchgears                                                      II-93
        Medium-Voltage Switchgears                                      II-93
        Insulation Medium Remain Vital in Switchgears                   II-94
        High-Voltage Switchgears                                        II-94

  6. PRODUCT INTRODUCTIONS/INNOVATIONS                                  II-95
      Black & Veatch Establish Atonix Digital                           II-95
      FirstEnergy Corp Renovates Existing Transmission Line             II-95
      Sterlite Power Wins Project from Brazil Government                II-95
      Entergy Louisiana Initiate Technology Upgrade                     II-95

  7. RECENT INDUSTRY ACTIVITY                                           II-96
      Rexnord Corporation Acquires Centa Power Transmission             II-96
      KONCAR Enters into Contract with Iberdrola                        II-96
      IndiGrid Acquires Three Power Transmission Assets                 II-96
      Iridium Communications Partners with Lindsey Manufacturing        II-96
      CKP group Acquires Diamond Power Infrastructure                   II-96
      Crompton Greaves Terminates the Proposed Overseas Power
       Business Deal                                                    II-96

  8. FOCUS ON SELECT GLOBAL PLAYERS                                     II-97
      ABB Limited (Switzerland)                                         II-97
       ABB Kuhlman (USA)                                                II-97
      ASTOR TRANSFORMER A.S (Turkey)                                    II-98
      Bharat Heavy Electricals Limited (India)                          II-98
      CG Power and Industrial Solutions Limited (CG) (India)            II-99
      DAIHEN Corporation (Japan)                                        II-99
      Diamond Power Infrastructure Limited (India)                      II-99
      Eaton Corporation plc (Ireland)                                   II-100
       Cooper Industries plc (Ireland)                                  II-100
      Efacec Capital, S.G.P.S., SA (Portugal)                           II-101
      GE Grid Solutions, LLC (USA)                                      II-101
      Hammond Power Solutions, Inc. (Canada)                            II-102
      Howard Industries, Inc. (USA)                                     II-102
      Hubbell Incorporated (USA)                                        II-103
      Hyosung Power & Industrial Systems Performance Group (South
       Korea)                                                           II-103
      Hyundai Electric & Energy Systems Co., Ltd. (South Korea)         II-103
      Imefy Group (Spain)                                               II-104
      JiangSu HuaPeng Transformer Co., Ltd. (JSHP) (China)              II-104
      Kirloskar Electric Company Limited (India)                        II-104
      KONCAR - Elektroindustrija d.d. (Croatia)                         II-105
      Larsen & Toubro Limited (India)                                   II-105
      Mitsubishi Electric Corporation (Japan)                           II-106
      Pioneer Power Solutions, Inc. (USA)                               II-106
       Bemag Transformer (Canada)                                       II-106
       Jefferson Electric (USA)                                         II-107
       Harmonics Limited (USA)                                          II-107
      Regal Beloit Corporation (USA)                                    II-108
      S&C Electric Company Inc. (USA)                                   II-108
      Schneider Electric S.E. (France)                                  II-108
      SGB-SMIT Group (Germany)                                          II-109
      Shihlin Electric & Engineering Corporation (Taiwan)               II-109
      Siemens AG (Germany)                                              II-109
      SPX Transformer Solutions, Inc. (USA)                             II-110
      TBEA Co., Ltd. (China)                                            II-110
      Toshiba Energy Systems & Solutions Corporation (Japan)            II-111
      Wilson Power Solutions Ltd. (UK)                                  II-111
       Wilson Transformer Company Pty Ltd. (Australia)                  II-112
      Xi'an XD Transformer Co., Ltd. (China)                            II-112

  9. GLOBAL MARKET PERSPECTIVE                                          II-113
      Table 26: World Recent Past, Current & Future Analysis for
      Power Transmission and Distribution Equipment by Geographic
      Region/Country - US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2016 through 2024 (includes corresponding
      Graph/Chart)                                                      II-113

      Table 27: World Historic Review for Power Transmission and
      Distribution Equipment by Geographic Region/Country - US,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
      America and Rest of World Markets Independently Analyzed with
      Annual Sales Figures in US$ Million for Years 2011 through
      2015 (includes corresponding Graph/Chart)                         II-114

      Table 28: World 14-Year Perspective for Power Transmission and
      Distribution Equipment by Geographic Region/Country -
      Percentage Breakdown of Dollar Sales for US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Latin America and Rest
      of World Markets for Years 2011, 2017 and 2024 (includes
      corresponding Graph/Chart)                                        II-115

      Table 29: World Recent Past, Current & Future Analysis for
      Transformers by Geographic Region/ Country - US, Canada,
      Japan, Europe, Asia-Pacific (excluding Japan), Latin America
      and Rest of World Markets Independently Analyzed with Annual
      Sales Figures in US$ Million for Years 2016 through 2024
      (includes corresponding Graph/Chart)                              II-116

      Table 30: World Historic Review for Transformers by Geographic
      Region/Country - US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2011 through 2015 (includes corresponding
      Graph/Chart)                                                      II-117

      Table 31: World 14-Year Perspective for Transformers by
      Geographic Region/Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Latin America and Rest of World Markets for Years
      2011, 2017 and 2024 (includes corresponding Graph/Chart)          II-118

      Table 32: World Recent Past, Current & Future Analysis for
      Switchgears by Geographic Region/ Country - US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Latin America and Rest
      of World Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2016 through 2024 (includes
      corresponding Graph/Chart)                                        II-119

      Table 33: World Historic Review for Switchgears by Geographic
      Region/Country - US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2011 through 2015 (includes corresponding
      Graph/Chart)                                                      II-120

      Table 34: World 14-Year Perspective for Switchgears by
      Geographic Region/ Country - Percentage Breakdown of Dollar
      Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding
      Japan), Latin America and Rest of World Markets for Years
      2011, 2017 and 2024 (includes corresponding Graph/Chart)          II-121

      Table 35: World Recent Past, Current & Future Analysis for
      Others by Geographic Region/Country - US, Canada, Japan,
      Europe, Asia-Pacific (excluding Japan), Latin America and Rest
      of World Markets Independently Analyzed with Annual Sales
      Figures in US$ Million for Years 2016 through 2024 (includes
      corresponding Graph/Chart)                                        II-122

      Table 36: World Historic Review for Others by Geographic
      Region/Country - US, Canada, Japan, Europe, Asia-Pacific
      (excluding Japan), Latin America and Rest of World Markets
      Independently Analyzed with Annual Sales Figures in US$
      Million for Years 2011 through 2015 (includes corresponding
      Graph/Chart)                                                      II-123

      Table 37: World 14-Year Perspective for Others by Geographic
      Region/Country - Percentage Breakdown of Dollar Sales for US,
      Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin
      America and Rest of World Markets for Years 2011, 2017 and
      2024 (includes corresponding Graph/Chart)                         II-124


 III. MARKET

  1. THE UNITED STATES                                                  III-1
      A.Market Analysis                                                 III-1
        Urgent Need to Replace and Upgrade Aging T&D Infrastructure
         Drives Market Growth                                           III-1
         Table 38: Transmission & Distribution Spending ($ Billion)
         in the United States: 1990-2009 & 2010-2030 (includes
         corresponding Graph/Chart)                                     III-3
        Major Growth Drivers Summarized                                 III-3
         Inadequate and Aging T&D Infrastructure                        III-3
         Failure of Vital Systems during Storms Resulting in Power
          Outages                                                       III-4
          Need for Reliable Power Supply                                III-4
          Need for Continuous Enhancements of the Electric Grid         III-4
          Regulatory Landscape                                          III-5
          Demand for Outsourced Providers                               III-6
          Focus on Renewable Energy Generation                          III-6
          Proliferation of Oil & Gas Production                         III-6
          Transition from Coal to Natural Gas Generation                III-7
          Collaborative Planning                                        III-7
        Expanding Smart Grid Infrastructure Boosts Demand for Smart
         Transformers                                                   III-8
         Smart Transformers to Enhance Flexibility and Cleanliness
          of Electrical Grids                                           III-9
        Replacement Demand to Drive Spending on Larger Power
         Transformers (LPTs)                                            III-9
         Table 39: US Transmission & Distribution Spending for the
         Period 2011-2035: Percentage (%) Breakdown of Spending for
         New Equipment and Replacements (includes corresponding
         Graph/Chart)                                                   III-10
        Bourgeoning Electricity Demand Provides the Perfect Platform
         for Market Adoption                                            III-11
         Table 40: Electricity Demand (Billion KWh) in the United
         States: 1980-2040 (includes corresponding Graph/Chart)         III-11
        Steady Penetration of Renewable Energy in Power Generation
         Set to Support Growth                                          III-12
         Rising Share of Renewable Energy Demands Supportive Power Grid III-12
          Table 41: US Net Electricity Generation by Energy Source
          (2000, 2010, 2020, 2030 & 2040): Breakdown of Electricity
          Generation (Billion Kilowatt-hours) from Coal, Natural
          Gas, Nuclear, Petroleum, and Renewable Energy (includes
          corresponding Graph/Chart)                                    III-13
        Industrial & Electric Utilities: Dominant End-use Sectors
         for T&D Equipment                                              III-13
         Table 42: Electric Power T&D Equipment Market in the US by
         End-use Sector (2017E): Percentage Breakdown of Value
         Demand for Residential, Commercial, Electric Utilities,
         Industrial, and Others (includes corresponding Graph/Chart)    III-14

         Table 43: Energy Consumption in the United States (2008,
         2016 & 2020): Breakdown of Electricity Consumption (in
         Billion Kilowatt Hours) by Key End-Use Industries -
         Residential, Commercial, and Industrial (includes
         corresponding Graph/Chart)                                     III-14
         Presence of Leading Suppliers in Medium and Large Transformers III-15
         Electric Utilities to Benefit from Energy-Related
          Technology Disruptions in Silicon Valley                      III-15
        US Imports of LPTs with High Capacity Rating Continue to
         Increase                                                       III-17
        North American T&D Infrastructure: A Macro Perspective          III-17
        Product Launches                                                III-18
        Strategic Corporate Developments                                III-18
        Select Key Players                                              III-19
      B.Market Analytics                                                III-24
        Table 44: US Recent Past, Current & Future Analysis for
        Power Transmission and Distribution Equipment by Product
        Segment - Transformers, Switchgears and Others Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2016 through 2024 (includes corresponding
        Graph/Chart)                                                    III-24

        Table 45: US Historic Review for Power Transmission and
        Distribution Equipment by Product Segment - Transformers,
        Switchgears and Others Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2011 through
        2015 (includes corresponding Graph/Chart)                       III-25

        Table 46: US 14-Year Perspective for Power Transmission and
        Distribution Equipment by Product Segment - Percentage
        Breakdown of Dollar Sales for Transformers, Switchgears and
        Others Markets for Years 2011, 2017 and 2024 (includes
        corresponding Graph/Chart)                                      III-26

  2. CANADA                                                             III-27
      A.Market Analysis                                                 III-27
        Select Key Players                                              III-27
      B.Market Analytics                                                III-28
        Table 47: Canadian Recent Past, Current & Future Analysis
        for Power Transmission and Distribution Equipment by Product
        Segment - Transformers, Switchgears and Others Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2016 through 2024 (includes corresponding
        Graph/Chart)                                                    III-28

        Table 48: Canadian Historic Review for Power Transmission
        and Distribution Equipment by Product Segment -
        Transformers, Switchgears and Others Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2011 through 2015 (includes corresponding Graph/Chart)          III-29

        Table 49: Canadian 14-Year Perspective for Power
        Transmission and Distribution Equipment by Product Segment -
        Percentage Breakdown of Dollar Sales for Transformers,
        Switchgears and Others Markets for Years 2011, 2017 and 2024
        (includes corresponding Graph/Chart)                            III-30

  3. JAPAN                                                              III-31
      A.Market Analysis                                                 III-31
        Recent Energy Sector Transformation and Focus on Renewable
         Energy Sustain Market Growth                                   III-31
         Table 50: Japan’s Power Generation by Energy Source (2005,
         2015, 2030): Percentage Breakdown for Coal-fired Thermal
         Power, Gas-fired Thermal Power, Nuclear Power, Oil-fired
         Thermal Power, and Renewable Energy (includes corresponding
         Graph/Chart)                                                   III-32
        Select Key Players                                              III-32
      B.Market Analytics                                                III-34
        Table 51: Japanese Recent Past, Current & Future Analysis
        for Power Transmission and Distribution Equipment by Product
        Segment - Transformers, Switchgears and Others Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2016 through 2024 (includes corresponding
        Graph/Chart)                                                    III-34

        Table 52: Japanese Historic Review for Power Transmission
        and Distribution Equipment by Product Segment -
        Transformers, Switchgears and Others Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2011 through 2015 (includes corresponding Graph/Chart)          III-35

        Table 53: Japanese 14-Year Perspective for Power
        Transmission and Distribution Equipment by Product Segment -
        Percentage Breakdown of Dollar Sales for Transformers,
        Switchgears and Others Markets for Years 2011, 2017 and 2024
        (includes corresponding Graph/Chart)                            III-36

  4. EUROPE                                                             III-37
      A.Market Analysis                                                 III-37
        Europe: A Matured yet Growing Market for Power T&D Equipment    III-37
        PowerGrid Program to Redefine Future of Power Transmission      III-37
        Market Prospects to Benefit from the Evolution of Smart Grids   III-38
        EU Proposes New Ecodesign Energy Efficiency Standard for
         Transformers                                                   III-39
      B.Market Analytics                                                III-40
        Table 54: European Recent Past, Current & Future Analysis
        for Power Transmission and Distribution Equipment by
        Geographic Region - France, Germany, Italy, UK, Spain,
        Russia and Rest of Europe Markets Independently Analyzed
        with Annual Sales Figures in US$ Million for Years 2016
        through 2024 (includes corresponding Graph/Chart)               III-40

        Table 55: European Historic Review for Power Transmission
        and Distribution Equipment by Geographic Region - France,
        Germany, Italy, UK, Spain, Russia and Rest of Europe Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2011 through 2015 (includes corresponding
        Graph/Chart)                                                    III-41

        Table 56: European 14-Year Perspective for Power
        Transmission and Distribution Equipment by Geographic Region - 
        Percentage Breakdown of Dollar Sales for France, Germany,
        Italy, UK, Spain, Russia and Rest of Europe Markets for
        Years 2011, 2017 and 2024 (includes corresponding
        Graph/Chart)                                                    III-42

        Table 57: European Recent Past, Current & Future Analysis
        for Power Transmission and Distribution Equipment by Product
        Segment - Transformers, Switchgears and Others Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2016 through 2024 (includes corresponding
        Graph/Chart)                                                    III-43

        Table 58: European Historic Review for Power Transmission
        and Distribution Equipment by Product Segment -
        Transformers, Switchgears and Others Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2011 through 2015 (includes corresponding Graph/Chart)          III-44

        Table 59: European 14-Year Perspective for Power
        Transmission and Distribution Equipment by Product Segment -
        Percentage Breakdown of Dollar Sales for Transformers,
        Switchgears and Others Markets for Years 2011, 2017 and 2024
        (includes corresponding Graph/Chart)                            III-45

  4a. FRANCE                                                            III-46
      A.Market Analysis                                                 III-46
        Schneider Electric S.E. - A Major France- Based Company         III-46
      B.Market Analytics                                                III-47
        Table 60: French Recent Past, Current & Future Analysis for
        Power Transmission and Distribution Equipment by Product
        Segment - Transformers, Switchgears and Others Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2016 through 2024 (includes corresponding
        Graph/Chart)                                                    III-47

        Table 61: French Historic Review for Power Transmission and
        Distribution Equipment by Product Segment - Transformers,
        Switchgears and Others Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2011 through
        2015 (includes corresponding Graph/Chart)                       III-48

        Table 62: French 14-Year Perspective for Power Transmission
        and Distribution Equipment by Product Segment - Percentage
        Breakdown of Dollar Sales for Transformers, Switchgears and
        Others Markets for Years 2011, 2017 and 2024 (includes
        corresponding Graph/Chart)                                      III-49

  4b. GERMANY                                                           III-50
      A.Market Analysis                                                 III-50
        Select Key Players                                              III-50
      B.Market Analytics                                                III-51
        Table 63: German Recent Past, Current & Future Analysis for
        Power Transmission and Distribution Equipment by Product
        Segment - Transformers, Switchgears and Others Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2016 through 2024 (includes corresponding
        Graph/Chart)                                                    III-51

        Table 64: German Historic Review for Power Transmission and
        Distribution Equipment by Product Segment - Transformers,
        Switchgears and Others Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2011 through
        2015 (includes corresponding Graph/Chart)                       III-52

        Table 65: German 14-Year Perspective for Power Transmission
        and Distribution Equipment by Product Segment - Percentage
        Breakdown of Dollar Sales for Transformers, Switchgears and
        Others Markets for Years 2011, 2017 and 2024 (includes
        corresponding Graph/Chart)                                      III-53

  4c. ITALY                                                             III-54
       Market Analysis                                                  III-54
        Table 66: Italian Recent Past, Current & Future Analysis for
        Power Transmission and Distribution Equipment by Product
        Segment - Transformers, Switchgears and Others Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2016 through 2024 (includes corresponding
        Graph/Chart)                                                    III-54

        Table 67: Italian Historic Review for Power Transmission and
        Distribution Equipment by Product Segment - Transformers,
        Switchgears and Others Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2011 through
        2015 (includes corresponding Graph/Chart)                       III-55

        Table 68: Italian 14-Year Perspective for Power Transmission
        and Distribution Equipment by Product Segment - Percentage
        Breakdown of Dollar Sales for Transformers, Switchgears and
        Others Markets for Years 2011, 2017 and 2024 (includes
        corresponding Graph/Chart)                                      III-56

  4d. THE UNITED KINGDOM                                                III-57
      A.Market Analysis                                                 III-57
        Wilson Power Solutions Ltd. - A Major UK-Based Company          III-57
      B.Market Analytics                                                III-58
        Table 69: UK Recent Past, Current & Future Analysis for
        Power Transmission and Distribution Equipment by Product
        Segment - Transformers, Switchgears and Others Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2016 through 2024 (includes corresponding
        Graph/Chart)                                                    III-58

        Table 70: UK Historic Review for Power Transmission and
        Distribution Equipment by Product Segment - Transformers,
        Switchgears and Others Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2011 through
        2015 (includes corresponding Graph/Chart)                       III-59

        Table 71: UK 14-Year Perspective for Power Transmission and
        Distribution Equipment by Product Segment - Percentage
        Breakdown of Dollar Sales for Transformers, Switchgears and
        Others Markets for Years 2011, 2017 and 2024 (includes
        corresponding Graph/Chart)                                      III-60

  4e. SPAIN                                                             III-61
      A.Market Analysis                                                 III-61
        Imefy Group - A Major Spain-Based Company                       III-61
      B.Market Analytics                                                III-62
        Table 72: Spain Recent Past, Current & Future Analysis for
        Power Transmission and Distribution Equipment by Product
        Segment - Transformers, Switchgears and Others Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2016 through 2024 (includes corresponding
        Graph/Chart)                                                    III-62

        Table 73: Spain Historic Review for Power Transmission and
        Distribution Equipment by Product Segment - Transformers,
        Switchgears and Others Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2011 through
        2015 (includes corresponding Graph/Chart)                       III-63

        Table 74: Spain 14-Year Perspective for Power Transmission
        and Distribution Equipment by Product Segment - Percentage
        Breakdown of Dollar Sales for Transformers, Switchgears and
        Others Markets for Years 2011, 2017 and 2024 (includes
        corresponding Graph/Chart)                                      III-64

  4f. RUSSIA                                                            III-65
       Market Analysis                                                  III-65
        Table 75: Russia Recent Past, Current & Future Analysis for
        Power Transmission and Distribution Equipment by Product
        Segment - Transformers, Switchgears and Others Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2016 through 2024 (includes corresponding
        Graph/Chart)                                                    III-65

        Table 76: Russia Historic Review for Power Transmission and
        Distribution Equipment by Product Segment - Transformers,
        Switchgears and Others Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2011 through
        2015 (includes corresponding Graph/Chart)                       III-66

        Table 77: Russia 14-Year Perspective for Power Transmission
        and Distribution Equipment by Product Segment - Percentage
        Breakdown of Dollar Sales for Transformers, Switchgears and
        Others Markets for Years 2011, 2017 and 2024 (includes
        corresponding Graph/Chart)                                      III-67

  4g. REST OF EUROPE                                                    III-68
      A.Market Analysis                                                 III-68
        Strategic Corporate Development                                 III-68
        Select Key Players                                              III-68
      B.Market Analytics                                                III-72
        Table 78: Rest of Europe Recent Past, Current & Future
        Analysis for Power Transmission and Distribution Equipment
        by Product Segment - Transformers, Switchgears and Others
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-72

        Table 79: Rest of Europe Historic Review for Power
        Transmission and Distribution Equipment by Product Segment -
        Transformers, Switchgears and Others Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2011 through 2015 (includes corresponding Graph/Chart)          III-73

        Table 80: Rest of Europe 14-Year Perspective for Power
        Transmission and Distribution Equipment by Product Segment -
        Percentage Breakdown of Dollar Sales for Transformers,
        Switchgears and Others Markets for Years 2011, 2017 and 2024
        (includes corresponding Graph/Chart)                            III-74

  5. ASIA-PACIFIC                                                       III-75
      A.Market Analysis                                                 III-75
        Asia-Pacific: The Largest and the Fastest Growing Power T&D
         Equipment Market Worldwide                                     III-75
        China and India Offer Significant Market Growth Opportunities   III-75
        Rural Electrification in Asian Countries Promote Growth         III-76
        Railway Electrification and High Speed Railway Projects
         Benefit Market Growth                                          III-77
      B.Market Analytics                                                III-78
        Table 81: Asia-Pacific Recent Past, Current & Future
        Analysis for Power Transmission and Distribution Equipment
        by Geographic Region - China, India and Rest of Asia-Pacific
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-78

        Table 82: Asia-Pacific Historic Review for Power
        Transmission and Distribution Equipment by Geographic Region - 
        China, India and Rest of Asia-Pacific Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2011 through 2015 (includes corresponding
        Graph/Chart)                                                    III-79

        Table 83: Asia-Pacific 14-Year Perspective for Power
        Transmission and Distribution Equipment by Geographic Region - 
        Percentage Breakdown of Dollar Sales for China, India and
        Rest of Asia-Pacific Markets for Years 2011, 2017 and 2024
        (includes corresponding Graph/Chart)                            III-80

        Table 84: Asia-Pacific Recent Past, Current & Future
        Analysis for Power Transmission and Distribution Equipment
        by Product Segment - Transformers, Switchgears and Others
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-81

        Table 85: Asia-Pacific Historic Review for Power
        Transmission and Distribution Equipment by Product Segment -
        Transformers, Switchgears and Others Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2011 through 2015 (includes corresponding Graph/Chart)          III-82

        Table 86: Asia-Pacific 14-Year Perspective for Power
        Transmission and Distribution Equipment by Product Segment -
        Percentage Breakdown of Dollar Sales for Transformers,
        Switchgears and Others Markets for Years 2011, 2017 and 2024
        (includes corresponding Graph/Chart)                            III-83

  5a. CHINA                                                             III-84
      A.Market Analysis                                                 III-84
        Government Efforts to Address the Country’s Power
         Requirements Drive Strong Market Growth                        III-84
         Table 87: Electricity Consumption in China: 2006-2016 (in
         TWh) (includes corresponding Graph/Chart)                      III-85
         The Northwest and Southeast China to Bolster the Demand for
          Electric T&D Equipment                                        III-85
        Industry Moves towards High-Voltage Transformers                III-85
        Issues Persist in the Chinese Transformer Industry              III-86
        Chinese Transformers Industry: Highly Competitive at the
         Lower End                                                      III-86
         Table 88: Leading Transformer Companies in China (2017E):
         Percentage Market Share Breakdown for ABB, Baoding, TBEA,
         XD Electric and Others (includes corresponding Graph/Chart)    III-86
        Select Key Players                                              III-87
      B.Market Analytics                                                III-88
        Table 89: Chinese Recent Past, Current & Future Analysis for
        Power Transmission and Distribution Equipment by Product
        Segment - Transformers, Switchgears and Others Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2016 through 2024 (includes corresponding
        Graph/Chart)                                                    III-88

        Table 90: Chinese Historic Review for Power Transmission and
        Distribution Equipment by Product Segment - Transformers,
        Switchgears and Others Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2011 through
        2015 (includes corresponding Graph/Chart)                       III-89

        Table 91: Chinese 14-Year Perspective for Power Transmission
        and Distribution Equipment by Product Segment - Percentage
        Breakdown of Dollar Sales for Transformers, Switchgears and
        Others Markets for Years 2011, 2017 and 2024 (includes
        corresponding Graph/Chart)                                      III-90

  5b. INDIA                                                             III-91
      A.Market Analysis                                                 III-91
        Government’s Power-for-All Initiative to Drive Demand for
         Power Transformers                                             III-91
        India Embarks on Mitigating T&D Losses under GST Regime         III-92
        Opportunities Galore for Indian Transformer Manufacturers       III-92
         Overseas Players Keenly Eye Indian Shores, Market Headed
          for Consolidation                                             III-93
        Switchgears Manufacturers Upgrade Technology to Meet Market
         Demand                                                         III-94
         Pricing Pressures Hamper Margins of Switchgear Manufacturers   III-94
        The Indian Electrical Equipment Industry: A Macro Perspective   III-95
        Product Launch                                                  III-95
        Strategic Corporate Developments                                III-95
        Select Key Players                                              III-96
      B.Market Analytics                                                III-99
        Table 92: Indian Recent Past, Current & Future Analysis for
        Power Transmission and Distribution Equipment by Product
        Segment - Transformers, Switchgears and Others Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2016 through 2024 (includes corresponding
        Graph/Chart)                                                    III-99

        Table 93: Indian Historic Review for Power Transmission and
        Distribution Equipment by Product Segment - Transformers,
        Switchgears and Others Markets Independently Analyzed with
        Annual Sales Figures in US$ Million for Years 2011 through
        2015 (includes corresponding Graph/Chart)                       III-100

        Table 94: Indian 14-Year Perspective for Power Transmission
        and Distribution Equipment by Product Segment - Percentage
        Breakdown of Dollar Sales for Transformers, Switchgears and
        Others Markets for Years 2011, 2017 and 2024 (includes
        corresponding Graph/Chart)                                      III-101

  5c. REST OF ASIA-PACIFIC                                              III-102
      A.Market Analysis                                                 III-102
        Australia and New Zealand: Replacement Demand is the Key
         Growth Driver                                                  III-102
        Select Key Players                                              III-102
      B.Market Analytics                                                III-105
        Table 95: Rest of Asia-Pacific Recent Past, Current & Future
        Analysis for Power Transmission and Distribution Equipment
        by Product Segment - Transformers, Switchgears and Others
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-105

        Table 96: Rest of Asia-Pacific Historic Review for Power
        Transmission and Distribution Equipment by Product Segment -
        Transformers, Switchgears and Others Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2011 through 2015 (includes corresponding Graph/Chart)          III-106

        Table 97: Rest of Asia-Pacific 14-Year Perspective for Power
        Transmission and Distribution Equipment by Product Segment -
        Percentage Breakdown of Dollar Sales for Transformers,
        Switchgears and Others Markets for Years 2011, 2017 and 2024
        (includes corresponding Graph/Chart)                            III-107

  6. LATIN AMERICA                                                      III-108
      A.Market Analysis                                                 III-108
        Mexico: A Niche Regional Market                                 III-108
      B.Market Analytics                                                III-109
        Table 98: Latin American Recent Past, Current & Future
        Analysis for Power Transmission and Distribution Equipment
        by Geographic Region - Brazil and Rest of Latin America
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-109

        Table 99: Latin American Historic Review for Power
        Transmission and Distribution Equipment by Geographic Region - 
        Brazil and Rest of Latin America Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2011 through 2015 (includes corresponding Graph/Chart)          III-110

        Table 100: Latin American 14-Year Perspective for Power
        Transmission and Distribution Equipment by Geographic Region - 
        Percentage Breakdown of Dollar Sales for Brazil and Rest
        of Latin America Markets for Years 2011, 2017 and 2024
        (includes corresponding Graph/Chart)                            III-111

        Table 101: Latin American Recent Past, Current & Future
        Analysis for Power Transmission and Distribution Equipment
        by Product Segment - Transformers, Switchgears and Others
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-112

        Table 102: Latin American Historic Review for Power
        Transmission and Distribution Equipment by Product Segment -
        Transformers, Switchgears and Others Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2011 through 2015 (includes corresponding Graph/Chart)          III-113

        Table 103: Latin American 14-Year Perspective for Power
        Transmission and Distribution Equipment by Product Segment -
        Percentage Breakdown of Dollar Sales for Transformers,
        Switchgears and Others Markets for Years 2011, 2017 and 2024
        (includes corresponding Graph/Chart)                            III-114

  6a. BRAZIL                                                            III-115
      A.Market Analysis                                                 III-115
        Rising Electricity Consumption to Drive Market Demand           III-115
        Brazil Power Sector: Largest and the Fastest Growing in
         Latin America                                                  III-115
         Electricity Generation                                         III-116
         Transmission and Distribution of Power (T&D)                   III-116
         Opportunities for T&D Equipment Providers in the Power Sector  III-116
      B.Market Analytics                                                III-117
        Table 104: Brazilian Recent Past, Current & Future Analysis
        for Power Transmission and Distribution Equipment by Product
        Segment - Transformers, Switchgears and Others Markets
        Independently Analyzed with Annual Sales Figures in US$
        Million for Years 2016 through 2024 (includes corresponding
        Graph/Chart)                                                    III-117

        Table 105: Brazilian Historic Review for Power Transmission
        and Distribution Equipment by Product Segment -
        Transformers, Switchgears and Others Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2011 through 2015 (includes corresponding Graph/Chart)          III-118

        Table 106: Brazilian 14-Year Perspective for Power
        Transmission and Distribution Equipment by Product Segment -
        Percentage Breakdown of Dollar Sales for Transformers,
        Switchgears and Others Markets for Years 2011, 2017 and 2024
        (includes corresponding Graph/Chart)                            III-119

  6b. REST OF LATIN AMERICA                                             III-120
       Market Analysis                                                  III-120
        Table 107: Rest of Latin America Recent Past, Current &
        Future Analysis for Power Transmission and Distribution
        Equipment by Product Segment - Transformers, Switchgears and
        Others Markets Independently Analyzed with Annual Sales
        Figures in US$ Million for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-120

        Table 108: Rest of Latin America Historic Review for Power
        Transmission and Distribution Equipment by Product Segment -
        Transformers, Switchgears and Others Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2011 through 2015 (includes corresponding Graph/Chart)          III-121

        Table 109: Rest of Latin America 14-Year Perspective for
        Power Transmission and Distribution Equipment by Product
        Segment - Percentage Breakdown of Dollar Sales for
        Transformers, Switchgears and Others Markets for Years 2011,
        2017 and 2024 (includes corresponding Graph/Chart)              III-122

  7. REST OF WORLD                                                      III-123
      A.Market Analysis                                                 III-123
        Energy Infrastructure Needs in the Middle East Drive Market
         Growth                                                         III-123
         Upgrade of Electric Power and Distribution Infrastructure
          Drive Demand in Saudi Arabia                                  III-123
         Saudi Arabia’s Ambitious Solar Energy Plans to Boost Smart
          Grids                                                         III-124
        Energy Challenges Open Avenues for Huge Investment
         Opportunities in Africa                                        III-124
        Growing Investments in Large-Scale Power Infrastructure
         Projects Bodes Well for the African Market                     III-124
      B.Market Analytics                                                III-125
        Table 110: Rest of World Recent Past, Current & Future
        Analysis for Power Transmission and Distribution Equipment
        by Product Segment - Transformers, Switchgears and Others
        Markets Independently Analyzed with Annual Sales Figures in
        US$ Million for Years 2016 through 2024 (includes
        corresponding Graph/Chart)                                      III-125

        Table 111: Rest of World Historic Review for Power
        Transmission and Distribution Equipment by Product Segment -
        Transformers, Switchgears and Others Markets Independently
        Analyzed with Annual Sales Figures in US$ Million for Years
        2011 through 2015 (includes corresponding Graph/Chart)          III-126

        Table 112: Rest of World 14-Year Perspective for Power
        Transmission and Distribution Equipment by Product Segment -
        Percentage Breakdown of Dollar Sales for Transformers,
        Switchgears and Others Markets for Years 2011, 2017 and 2024
        (includes corresponding Graph/Chart)                            III-127


 IV. COMPETITIVE LANDSCAPE

     Total Companies Profiled: 215 (including Divisions/Subsidiaries - 245)

     The United States (39)
     Canada (3)
     Japan (6)
     Europe (84)
     - France (11)
     - Germany (8)
     - The United Kingdom (15)
     - Italy (10)
     - Spain (7)
     - Rest of Europe (33)
     Asia-Pacific (Excluding Japan) (99)
     Middle East (6)
     Latin America (5)
     Africa (3)
Additional Information:
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Date of Publication:
Feb 16, 2018
Number of Pages:
527 Pages