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The process of electricity transmission and distribution encompasses everything between a generation plant and a residential or commercial electricity end user. The transmission of electricity involves high voltage bulk transfer of electrical power from power plants to substations, after which the electricity is distributed to consumers through lower voltage lines, transformers and other equipment. Since the 1960s T&D networks have been expanding constantly driven by rising energy demand and this trend is set to continue. Electric power T&D equipment is the only established method of transferring electricity immediately and directly. There is no competitor to this function and therefore the industry as a whole will inevitably expand with economic growth. Visiongain has determined that the value of the global electric power transmission and distribution (T&D) equipment market in 2012 will reach $131bn.
Read » The Electric Power Transmission and Distribution (T&D) Equipment Market 2012-2022


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