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 Key Buyers Chapter
Most electric power utilities operate in regional and local markets, resulting in a low level of market share concentration. In 2014, the four largest utilities are expected to account for less than 40.0% of industry revenue. Although profit margins increased over the past five years, profit growth was concentrated among larger utilities. This is because public utility commissions typically granted higher rates to utilities that invested in infrastructure, and only large utilities had sufficient resources to significantly expand infrastructure. Profit stagnated for smaller electricity transmission utilities.
As a result, in the five years to 2014, the number of enterprises is expected to fall on average 0.6% per year, increasing market share concentration among larger firms... purchase to read more