In 2021, North America dominated the electricity transmission and distribution market worldwide, with a revenue of nearly 97 billion U.S. dollars. Europe trailed in second, with 66.3 billion dollars worth of revenue. North America is forecast to hold its leading position into 2030, while Asia Pacific is expected to surpass Europe, with a revenue of roughly 104 billion dollars that year.
Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by region
(in billion U.S. dollars)
* Forecast based on a CAGR of 5.8 percent for North America, 5.2 percent for Europe, 6.6 percent for Asia Pacific, 4.9 percent for South America, and 3.5 percent for Middle East and Africa 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 region (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www.statista.com/statistics/1350511/forecast-electricity-transmission-and-distribution-global-revenue-by-region/
The Brainy Insights. "Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by region (in billion U.S. dollars)." Chart. June 30, 2022. Statista. Accessed November 13, 2024. https://www.statista.com/statistics/1350511/forecast-electricity-transmission-and-distribution-global-revenue-by-region/
The Brainy Insights. (2022). Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www.statista.com/statistics/1350511/forecast-electricity-transmission-and-distribution-global-revenue-by-region/
The Brainy Insights. "Electricity Transmission and Distribution Market Revenue Worldwide in 2021, with Forecasts for 2025 and 2030, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2022, https://www.statista.com/statistics/1350511/forecast-electricity-transmission-and-distribution-global-revenue-by-region/
The Brainy Insights, Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1350511/forecast-electricity-transmission-and-distribution-global-revenue-by-region/ (last visited November 13, 2024)
Electricity transmission and distribution market revenue worldwide in 2021, with forecasts for 2025 and 2030, by region (in billion U.S. dollars) [Graph], The Brainy Insights, June 30, 2022. [Online]. Available: https://www.statista.com/statistics/1350511/forecast-electricity-transmission-and-distribution-global-revenue-by-region/
