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Article Title: US demand for electric transmission & distribution equipment to reach $24 billion in 2013
Publication: Sensors, 6/24/2009
Freedonia Study: Electric Transmission & Distribution Equipment (2503)
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US demand for electric transmission and distribution equipment is expected to increase 2.6% annually to $24 billion in 2013. The need to upgrade and modernize the US electric grid—supported by regulatory changes designed to support transmission and distribution system upgrades—will be an important driver of demand. In addition, growth in electric power generation by nonutility suppliers and in renewable energy generation such as wind will provide opportunities for switchgear and transformers to control these power flows, as well as meters to measure them.
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