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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 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

 


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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