The power generation, transmission
and control manufacturing industry includes companies manufacturing motors and
generators, power, distribution and specialty transformers, relay and industry
control and switchgears and switchboards. The power generation, transmission
and control manufacturing market in this report is segmented into switchgear
and switchboard apparatus, motor and generator, relay and industrial control
and power, distribution, and specialty transformer.
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TBRC’s latest
report show the historic and future trends in the market for each year with
sourced reasons to support the growth claims.
The report also
shows the global power generation, transmission and
control manufacturing market to grow at a much higher CAGR by 2021 as
compared to 2017, along with geographies best suited for investments with
highest return rate.
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The switchgear and switchboard apparatus segment was the
largest segment in the power generation, transmission and control manufacturing
market with about 50% share of the market. This can be attributed to high
demand for circuit breakers, control panels, switches and fuses from commercial
establishments such as construction and individual customers. Switchgear and
Switchboard Apparatus manufacturing industry comprise establishments
manufacturing switchgear and switchboard apparatus. Switchgear is the
combination of electrical disconnect switches and circuit breakers used in
electricity transmission to interrupt or reestablish the flow of electricity.
Companies included in the report are Siemens AG, ABB Ltd, Schneider Electric S.A, General Electric
Corporation, Mitsubishi Electric Corporation, and Nidec Corporation.
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