COVID-19 Economic Impact Report: Global Electric Power Transmission & Distribution Equipment
The global electric power transmission and distribution equipment industry is facing a number of challenges as it deals with the impact of the COVID-19 pandemic. How has the macroeconomic environment changed and what does it mean for the global electric power transmission and distribution equipment industry going forward?
COVID-19 Economic Impact Report: Global Electric Power Transmission & Distribution Equipment looks at how the expected impact of the pandemic on the current macroeconomic environment compares to other major events since 2000, including the bursting of technology bubble, the SARS outbreak, the 2009 global downturn, and the European financial crisis. It also provides a historical view of global industry sales since 2000, a look at how the industry is being currently impacted, and estimates for global industry sales through 2023.
This report considered
- transformers – classified as power, distribution (which include subsurface, pad-mounted, overhead, and platform-mounted designs, all of which are available in one-and three-phase configurations), and other transformers (including a variety of products such as machine tool control transformers, power-regulating transformers, and specialty transformers – such as HID ballast transformers – which are primarily used in instruments, machinery, tools, and other electrical equipment)
- switchgear and switchgear apparatus – including low-voltage products
(e.g., panel boards, distribution switchboards, and switches), circuit breakers, duct, fuses, metal-clad and metal-enclosed products, and relays
The major electric power transmission and distribution markets are:
- electric utilities
- industrial and nonutility generators, including independent power producers
- commercial, government, and residential
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