Electric Power Transmission in the US - Industry Market Research Report
Description
Electric Power Transmission in the US
The Electric Power Transmission industry transmits and distributes electricity from power generators to distribution centers, other electric utilities and consumers. The increased infrastructure investment has allowed companies to raise rates, increasing revenue and profit. During the pandemic, power consumption was sluggish since many commercial and industrial businesses were forced to close. Residential consumers used more electricity because of stay-at-home orders, cushioning the blow from the decline in other sectors. The following year, an economic recovery led to a rebound in those markets as businesses reopened. Overall, industry revenue is set to increase at an annualized rate of 0.6% to $505.0 billion in 2023, including a 1.5% rise in 2023 alone.
This industry transmits and distributes electricity from power generators to distribution centers, other electric utilities and final consumers. The transmission system includes lines and transformer stations, while the distribution system consists of lines, poles, meters and wiring that deliver the electricity to final consumers. This industry does not generate electricity.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Electric Power Transmission industry transmits and distributes electricity from power generators to distribution centers, other electric utilities and consumers. The increased infrastructure investment has allowed companies to raise rates, increasing revenue and profit. During the pandemic, power consumption was sluggish since many commercial and industrial businesses were forced to close. Residential consumers used more electricity because of stay-at-home orders, cushioning the blow from the decline in other sectors. The following year, an economic recovery led to a rebound in those markets as businesses reopened. Overall, industry revenue is set to increase at an annualized rate of 0.6% to $505.0 billion in 2023, including a 1.5% rise in 2023 alone.
This industry transmits and distributes electricity from power generators to distribution centers, other electric utilities and final consumers. The transmission system includes lines and transformer stations, while the distribution system consists of lines, poles, meters and wiring that deliver the electricity to final consumers. This industry does not generate electricity.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
47 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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