In 2021, underground transmission in Europe generated a revenue of 32.3 billion U.S. dollars, accounting for half of the region's electricity transmission and distribution revenue. Overhead transmission generated 19.8 billion dollars worth of revenue that year. In the coming decade, overhead transmission is forecast to register the lowest compound annual growth rate (CAGR) in the region, at four percent from 2022 to 2030.
Electricity transmission and distribution market revenue in Europe in 2021, with a forecast for 2030, by transmission cable type
(in billion U.S. dollars)
* Forecast based on a CAGR of six percent for underground transmission, 5.1 percent for sub-transmission, and four percent for overhead transmission from 2022 to 2030.
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The Brainy Insights. (June 30, 2022). Electricity transmission and distribution market revenue in Europe in 2021, with a forecast for 2030, by transmission cable type (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1350657/electricity-transmission-and-distribution-revenue-by-cable-type-europe/
The Brainy Insights. "Electricity transmission and distribution market revenue in Europe in 2021, with a forecast for 2030, by transmission cable type (in billion U.S. dollars)." Chart. June 30, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1350657/electricity-transmission-and-distribution-revenue-by-cable-type-europe/
The Brainy Insights. (2022). Electricity transmission and distribution market revenue in Europe in 2021, with a forecast for 2030, by transmission cable type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1350657/electricity-transmission-and-distribution-revenue-by-cable-type-europe/
The Brainy Insights. "Electricity Transmission and Distribution Market Revenue in Europe in 2021, with a Forecast for 2030, by Transmission Cable Type (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2022, https://www.statista.com/statistics/1350657/electricity-transmission-and-distribution-revenue-by-cable-type-europe/
The Brainy Insights, Electricity transmission and distribution market revenue in Europe in 2021, with a forecast for 2030, by transmission cable type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1350657/electricity-transmission-and-distribution-revenue-by-cable-type-europe/ (last visited December 22, 2024)
Electricity transmission and distribution market revenue in Europe in 2021, with a forecast for 2030, by transmission cable type (in billion U.S. dollars) [Graph], The Brainy Insights, June 30, 2022. [Online]. Available: https://www.statista.com/statistics/1350657/electricity-transmission-and-distribution-revenue-by-cable-type-europe/