In 2021, Europe's industrial electricity transmission and distribution sector generated revenue of over 30.5 billion U.S. dollars, the largest sector in the region. Meanwhile, the residential sector generated approximately 18 billion dollars that year. Despite still ranking third, the commercial sector is forecast to register the highest compound annual growth rate in the coming decade, reaching 23 billion dollars by 2030.
Electricity transmission and distribution market revenue in Europe in 2021, with a forecast for 2030, by sector
(in billion U.S. dollars)
* Forecast based on a CAGR of 5.9 percent for the commercial sector, 5.5 percent for the industrial sector, 4.6 percent for the residential sector, and 3.5 percent for others 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 sector (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1350663/electricity-transmission-and-distribution-revenue-by-sector-europe/
The Brainy Insights. "Electricity transmission and distribution market revenue in Europe in 2021, with a forecast for 2030, by sector (in billion U.S. dollars)." Chart. June 30, 2022. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1350663/electricity-transmission-and-distribution-revenue-by-sector-europe/
The Brainy Insights. (2022). Electricity transmission and distribution market revenue in Europe in 2021, with a forecast for 2030, by sector (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1350663/electricity-transmission-and-distribution-revenue-by-sector-europe/
The Brainy Insights. "Electricity Transmission and Distribution Market Revenue in Europe in 2021, with a Forecast for 2030, by Sector (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2022, https://www.statista.com/statistics/1350663/electricity-transmission-and-distribution-revenue-by-sector-europe/
The Brainy Insights, Electricity transmission and distribution market revenue in Europe in 2021, with a forecast for 2030, by sector (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1350663/electricity-transmission-and-distribution-revenue-by-sector-europe/ (last visited November 03, 2024)
Electricity transmission and distribution market revenue in Europe in 2021, with a forecast for 2030, by sector (in billion U.S. dollars) [Graph], The Brainy Insights, June 30, 2022. [Online]. Available: https://www.statista.com/statistics/1350663/electricity-transmission-and-distribution-revenue-by-sector-europe/