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. However, the adoption of smart grid technology has bolstered grid reliability and lowered operating costs, resulting in improved profit margins. In the next five years, businesses and factories will expand operations and bolster electricity consumption. Additonally, PUCs are expected to grant rate increases for renewable energy transmission investments. As a result, revenue will grow and profitability will improve... 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 2016, the four largest utilities are expected to account for less than 20.0% 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 2016, the number of enterprises is expected to fall on average 0.5% per year, increasing market share concentration among larger companies... purchase to read more