North America Power Transmission And Distribution Market Size & Outlook
The power transmission and distribution market in North America is expected to reach a projected revenue of US$ 125,477.0 million by 2030. A compound annual growth rate of 4.2% is expected of North America power transmission and distribution market from 2025 to 2030.
Revenue, 2024 (US$M)
$98,145.4
Forecast, 2030 (US$M)
$125,477.0
CAGR, 2025 - 2030
4.2%
Report Coverage
North America
Global Market
Related Markets
North America power transmission and distribution market highlights
- The North America power transmission and distribution market generated a revenue of USD 98,145.4 million in 2024.
- The market is expected to grow at a CAGR of 4.2% from 2025 to 2030.
- In terms of segment, transmission line was the largest revenue generating asset type in 2024.
- Distribution Line is the most lucrative asset type segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 98,145.4 million |
| Market revenue in 2030 | USD 125,477.0 million |
| Growth rate | 4.2% (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 |
| Key market players worldwide | Duke Energy Corp, National Grid, Enel SpA, E.ON SE, Dominion Energy Inc, Tokyo Electron Ltd, American Electric Power Co Inc |
Other key industry trends
- In terms of revenue, North America region accounted for 28.6% of the global power transmission and distribution market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 30,256.3 million by 2030.
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Publish Date: Jan 27, 2025
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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 |
|---|---|---|---|---|
| E.ON SE | View profile | 72,242 | Brusseler Platz 1, Essen, NW, Germany, 45131 | www.eon.com |
| Dominion Energy Inc | View profile | 17,700 | 120 Tredegar Street, Richmond, VA, United States, 23219 | www.dominionenergy.com |
| Duke Energy Corp | View profile | 27,037 | 525 South Tryon Street, Charlotte, NC, United States, 28202 | www.duke-energy.com |
| Tokyo Electron Ltd | View profile | 17,204 | Akasaka Biz Tower, 3-1 Akasaka 5-chome, Minato-ku, Tokyo, Japan, 107-6325 | www.tel.co.jp |
| Enel SpA | View profile | 60,905 | Viale Regina Margherita, 137, Rome, Italy, 00198 | www.enel.com |
| American Electric Power Co Inc | View profile | 16,800 | 1 Riverside Plaza, Columbus, OH, United States, 43215-2373 | www.aep.com |
| National Grid | View profile | 10001+ | London, England, United Kingdom, Europe | www.nationalgrid.com |
North America Power Transmission and Distribution Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Power Transmission and Distribution Market Outlook will help companies and investors design strategic landscapes.
Transmission Line was the largest segment with a revenue share of 70.81% in 2024.
Horizon Databook has segmented the North America power transmission and distribution market based on transmission line, distribution line covering the revenue growth of each sub-segment from 2018 to 2030.
- North America Power Transmission And Distribution Market Asset Type Outlook (Revenue, USD Million , 2018-2030)
- Transmission Line
- Distribution Line
- North America Power Transmission And Distribution Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Electric Utility
- Industrial
- Renewables
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Power Transmission and Distribution Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Power Transmission and Distribution Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Power Transmission And Distribution Market, 2018-2030 (US$M)
North America Asset Type - Power Transmission And Distribution Market Statistics, 2024 - 2030 (US$M)
