Mar 12, 2021   SOURCE: BusinessWire

Outlook on the Electric Power Generation, Transmission, and Distribution Global Market to 2030 - Identify Growth Segments for Investment - ResearchAndMarkets.com

The "Electric Power Generation, Transmission, and Distribution Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global electric power generation, transmission, and distribution market as it emerges from the COVID-19 shut down.

The global electric power generation, transmission, and distribution market is expected to grow from $3262.34 billion in 2020 to $3451.79 billion in 2021 at a compound annual growth rate (CAGR) of 5.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $4526.55 billion in 2025 at a CAGR of 7%.

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Asia Pacific was the largest region in the global electric power generation, transmission, and distribution market, accounting for 44% of the market in 2020. Western Europe was the second largest region accounting for 26% of the global electric power generation, transmission, and distribution market. Africa was the smallest region in the global electric power generation, transmission, and distribution market.

Electric power generation companies are increasingly using batteries to store solar energy during daylight hours. These energy-storage sites consist of large lithium-ion batteries. These batteries store enough energy to serve as a back-up in case of fuel shortages. They are designed to absorb solar power and feed it back to the grid. These systems minimize the need for capital intensive power generation plants, thereby enhancing transmission and distribution efficiencies and thus reduce operational costs. For Instance, World Bank Group is planning to invest USD 1 billion for a new global program to accelerate investments in battery storage for energy systems.

The power generation industry is expected to see increased investment activity in the forecast period. Investments in microgrid technology, renewables and other advanced technologies are expected to drive the market. In the forecast period, the USA is expected to see investments of about $12.5 billion in microgrid. The renewable energy investments are expected to reach $ 1,000 billion in the USA during the forecast period.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Electric Power Generation, Transmission, And Distribution Market Characteristics

3.1. Market Definition

3.2. Key Segmentations

4. Electric Power Generation, Transmission, And Distribution Market Product Analysis

4.1. Leading Products/ Services

4.2. Key Features and Differentiators

4.3. Development Products

5. Electric Power Generation, Transmission, And Distribution Market Supply Chain

5.1. Supply Chain

5.2. Distribution

5.3. End Customers

6. Electric Power Generation, Transmission, And Distribution Market Customer Information

6.1. Customer Preferences

6.2. End Use Market Size and Growth

7. Electric Power Generation, Transmission, And Distribution Market Trends And Strategies

8. Impact Of COVID-19 On Electric Power Generation, Transmission, And Distribution

9. Electric Power Generation, Transmission, And Distribution Market Size And Growth

9.1. Market Size

9.2. Historic Market Growth, Value ($ Billion)

9.3. Forecast Market Growth, Value ($ Billion)

10. Electric Power Generation, Transmission, And Distribution Market Regional Analysis

10.1. Global Electric Power Generation, Transmission, And Distribution Market, 2020, By Region, Value ($ Billion)

10.2. Global Electric Power Generation, Transmission, And Distribution Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region

10.3. Global Electric Power Generation, Transmission, And Distribution Market, Growth And Market Share Comparison, By Region

11. Electric Power Generation, Transmission, And Distribution Market Segmentation

11.1. Global Electric Power Generation, Transmission, And Distribution Market, Segmentation By Type

11.2. Global Electric Power Generation, Transmission, And Distribution Market, Segmentation By End-User

11.3. Global Electric Power Generation, Transmission, And Distribution Market, Segmentation By Type of Operator

12. Electric Power Generation, Transmission, And Distribution Market Segments

12.1. Global Electric Power Transmission, Control, And Distribution Market, Segmentation By Type

12.2. Global Power Generation Market, Segmentation By Type

13. Electric Power Generation, Transmission, And Distribution Market Metrics

13.1. Electric Power Generation, Transmission, And Distribution Market Size, Percentage Of GDP, 2015-2025, Global

13.2. Per Capita Average Electric Power Generation, Transmission, And Distribution Market Expenditure, 2015-2025, Global

For more information about this report visit https://www.researchandmarkets.com/r/1vlj2a