Global Power Transmission And Distribution Market Size & Outlook
The global power transmission and distribution market size was estimated at USD 342,640.5 million in 2024 and is projected to reach USD 432,232.2 million by 2030, growing at a CAGR of 4% from 2025 to 2030.
Revenue, 2024 (US$M)
$342,640.5
Forecast, 2030 (US$M)
$432,232.2
CAGR, 2025 - 2030
4%
Report Coverage
Worldwide
Global power transmission and distribution market, 2018-2030 (US$M)
Related Markets
Global power transmission and distribution market highlights
- The global power transmission and distribution market generated a revenue of USD 342,640.5 million in 2024 and is expected to reach USD 432,232.2 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 4% by 2030.
- In terms of segment, transmission line accounted for a revenue of USD 212,100.0 million in 2024.
- Distribution Line is the most lucrative asset type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 342,640.5 million |
| Market revenue in 2030 | USD 432,232.2 million |
| Growth rate | 4% (CAGR from 2025 to 2030) |
| Largest segment | Transmission line |
| Fastest growing segment | Distribution Line |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Transmission Line, Distribution Line |
Other key industry trends
- In terms of revenue, the North America accounted for 28.6% of the global power transmission and distribution market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 31,369.3 million by 2030.
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Power Transmission and Distribution Market Scope
Power transmission and distribution market segmentation & scope
Power Transmission and Distribution Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| National Grid | View profile | 10001+ | London, England, United Kingdom, Europe | https://www.nationalgrid.com |
| American Electric Power Co Inc | View profile | 16800 | 1 Riverside Plaza, Columbus, OH, United States, 43215-2373 | https://www.aep.com |
| Enel SpA | View profile | 60905 | Viale Regina Margherita, 137, Rome, Italy, 00198 | https://www.enel.com |
| Tokyo Electron Ltd | View profile | 17204 | Akasaka Biz Tower, 3-1 Akasaka 5-chome, Minato-ku, Tokyo, Japan, 107-6325 | http://www.tel.co.jp |
| Duke Energy Corp | View profile | 27037 | 525 South Tryon Street, Charlotte, NC, United States, 28202 | https://www.duke-energy.com |
| Dominion Energy Inc | View profile | 17700 | 120 Tredegar Street, Richmond, VA, United States, 23219 | https://www.dominionenergy.com |
| E.ON SE | View profile | 72242 | Brusseler Platz 1, Essen, NW, Germany, 45131 | https://www.eon.com |
Global power transmission and distribution market size, by regions, 2018-2030 (US$M)
Top 10 countries: Power transmission and distribution market size, 2024 (US$M)
Global power transmission and distribution market share, by asset type, 2024 & 2030 (%, US$M)
Power transmission and distribution market: Opportunity assessment by country
Global power transmission and distribution market, by region, 2024 (US$M)
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