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Electric Power Transmission in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Electric Power Transmission Market Research Report | NAICS 22112 | Sep 2014

Charging up: Growing electricity consumption and increased rates will power industry revenue

The Electric Power Transmission market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$378bn
Annual Growth 09-14
-0.5%
Annual Growth 14-19
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Profit
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Employment
361,643
Businesses
1,195
Industry Analysis & Industry Trends

The Electric Power Transmission industry stagnated over the past five years due to lower per capita energy consumption and weak price growth. Additionally, in the commercial sector, many businesses closed, dragging down demand for power. However, the adoption of smart grid technology has bolstered grid reliability and lowered operating costs, resulting in improved profit margins. In the five years to 2019, businesses and factories will resume operations and bolster electricity consumption. Electricity prices are also anticipated to grow as some utilities receive permission to set competitive retail rates, which will benefit revenue... purchase to read more

Industry Report - Industry Locations Chapter

Industry revenue is distributed according to population; households, businesses and manufacturers, the primary drivers of electricity demand, are concentrated in high population regions. However, regions with high population concentration typically have a relatively smaller share of industry establishments, as each establishment can more easily service a large number of customers.

The Southeast and Great Lakes regions together contain about 40.0% of the US population and many electricity-intensive industries such as steel and motor vehicle production. Consequently, the two regions generate about 43% of industry revenue... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Electric Power Transmission Industry?

This industry transmits and distributes electricity from power generators to distribution centers, other electric utilities and final consumers. The transmission system includes lines and transformer stations, while the distribution system consists of lines, poles, meters and wiring that deliver the electricity to final consumers. This industry does not generate electricity.

Industry Products
Coal-generated electricityNatural gas-generated electricityNuclear-generated electricityHydroelectricityWind-generated electricityOther renewable electricityPetroleum-generated electricityWholesale electricity marketing and brokering
 
Industry Activities
Electric bulk power transmission and controlElectric power distributionWholesale electricity brokering and marketing


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