Global electricity transmission and distribution market revenue stood at some 255.6 billion U.S. dollars in 2021. Underground transmission accounted for nearly half of this value, whereas sub-transmission and overhead transmission represented 22 and 30 percent, respectively. All three segments were forecast to grow at a compound annual growth rate (CAGR) of at least 4.5 percent until 2030.
Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by transmission cable type
(in billion U.S. dollars)
Characteristic
Underground transmission
Overhead transmission
Sub-transmission
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* Forecast based on a CAGR of 6.5 percent for underground transmission, 5.5 percent for sub-transmission, and 4.5 percent for overhead transmission from 2022 to 2030.
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The Brainy Insights. (June 30, 2022). Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by transmission cable type (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1350471/forecast-electricity-transmission-global-market-revenue-by-cable-type/
The Brainy Insights. "Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by transmission cable type (in billion U.S. dollars)." Chart. June 30, 2022. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1350471/forecast-electricity-transmission-global-market-revenue-by-cable-type/
The Brainy Insights. (2022). Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by transmission cable type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1350471/forecast-electricity-transmission-global-market-revenue-by-cable-type/
The Brainy Insights. "Electricity Transmission and Distribution Market Revenue Worldwide in 2021, with Forecasts for 2025 and 2030, by Transmission Cable Type (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2022, https://www.statista.com/statistics/1350471/forecast-electricity-transmission-global-market-revenue-by-cable-type/
The Brainy Insights, Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by transmission cable type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1350471/forecast-electricity-transmission-global-market-revenue-by-cable-type/ (last visited August 24, 2024)
Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by transmission cable type (in billion U.S. dollars) [Graph], The Brainy Insights, June 30, 2022. [Online]. Available: https://www.statista.com/statistics/1350471/forecast-electricity-transmission-global-market-revenue-by-cable-type/