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 SWOT Analysis Chapter
The Electric Power Transmission industry is in the mature stage of its life cycle. Industry value added, which measures this industry's contribution to the overall economy, is anticipated to grow at an annualized rate of 1.8% in the 10 years to 2019. Over the same period, US gross domestic product is projected to increase at an average 2.5% per year, which means that this industry's importance to the overall economy slightly falling over the period. However, the decline is primarily due to stagnant energy consumption following the recession. Overall, the industry exhibits all characteristics of a mature industry.
This industry's primary service, electricity transmission and distribution, is well rationalized... purchase to read more