Electrical Transmission & Distribution Market

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REPORT DESCRIPTION

Increasing use of renewable energy sources, aging infrastructure, and rising demand for electricity are encouraging

the need to improve transmission efficiency and energy security, thus contributing to the growth of electrical

transmission and distribution market. This market is forecasted to reach the market value of $33.45 billion by the

end of the year 2012 owing to the technological developments in transmission grid technology.

Most regions and countries are expected to experience strong growth in electric power transmission industry as

governments of most countries are engaging in upgrading and expanding the transmission and distribution

infrastructure. Emerging economies in power transmission and distribution equipment market are expected to drive

the growth of this market, while the US and European nations are expected to remain major contributors due to their

tremendous need for electrical power. This industry is further expected to witness market growth as economies

continue to invest heavily in electricity generation, transmission, and distribution networks.

Browse the full Electrical Transmission & Distribution Market report at

http://www.transparencymarketresearch.com/electrical-transmission-distribution-market.html

As national, regional, and continental electricity grids are interconnected, growth in national and regional markets is

also expected to increase significantly....