According to a new market report published by Lucintel Terry McLaurin Authentic Jersey , the future of the electric transmission and distribution equipment market looks promising with opportunities in the power utilities, residential, commercial, and industrial sectors. The global electric transmission and distribution equipment market is expected to reach an estimated $304 billion by 2022 and is forecast to grow at a CAGR of 6.2% from 2017 to 2022. The major drivers of growth for this market are increasing demand for electricity, new power generation capacity additions, and the expansion of transmission and distribution infrastructure. In this market, wire and cable Montez Sweat Authentic Jersey , switchgear, transformer, meters, insulator and capacitor are the major products used in the transmission and distribution of electricity. Lucintel forecasts that the wire and t Feasibility and SWOT Analysis.
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