Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by product type
(in billion U.S. dollars)
Characteristic
Power cables and wires
Transformers
Transmission towers
Switchgears
Others
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* Forecast based on a CAGR of 7.1 percent for switchgears, 5.6 percent for transmission towers, 6.3 percent for transformers, 5.2 percent for power cables and wires, and 4.6 percent for others from 2022 to 2030.
Citation formats
Electricity transmission and distribution global revenue 2021-2030, by product type
Power cables and wires generated a revenue of **** billion U.S. dollars worldwide in 2021, the largest segment within the electricity transmission and distribution market. The segment's revenue is expected to surpass *** billion U.S. dollars in 2030. Meanwhile, the switchgears market is expected to register the highest revenue growth rate in the next decade, reaching ** billion U.S. dollars in 2030.
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The Brainy ÌÇÐÄÆÆ½â°æ. (June 30, 2022). Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by product type (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 04, 2026, from /statistics/1350494/forecast-electricity-transmission-and-distribution-global-market-revenue-by-product-type/
The Brainy ÌÇÐÄÆÆ½â°æ. "Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by product type (in billion U.S. dollars)." Chart. June 30, 2022. ÌÇÐÄÆÆ½â°æ. Accessed August 04, 2026. /statistics/1350494/forecast-electricity-transmission-and-distribution-global-market-revenue-by-product-type/
The Brainy ÌÇÐÄÆÆ½â°æ. (2022). Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by product type (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 04, 2026. /statistics/1350494/forecast-electricity-transmission-and-distribution-global-market-revenue-by-product-type/
The Brainy ÌÇÐÄÆÆ½â°æ. "Electricity Transmission and Distribution Market Revenue Worldwide in 2021, with Forecasts for 2025 and 2030, by Product Type (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 30 Jun 2022, /statistics/1350494/forecast-electricity-transmission-and-distribution-global-market-revenue-by-product-type/
The Brainy ÌÇÐÄÆÆ½â°æ, Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by product type (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1350494/forecast-electricity-transmission-and-distribution-global-market-revenue-by-product-type/ (last visited August 04, 2026)
Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by product type (in billion U.S. dollars) [Graph], The Brainy ÌÇÐÄÆÆ½â°æ, June 30, 2022. [Online]. Available: /statistics/1350494/forecast-electricity-transmission-and-distribution-global-market-revenue-by-product-type/