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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

IBISWorld’s Electric Power Transmission market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Products Chapter

The Electric Power Transmission industry provides electricity distribution, transmission and wholesale services. Utilities transmit and distribute electricity generated from a variety of fuel sources, such as coal, natural gas and nuclear power. Currently, transmitted electricity is separated into two categories, base load and intermittent electricity. Base load electricity, which is generated from reliable fuel sources, provides electricity during all hours of the day. Intermittent electricity, typically less reliable than base load electricity, is generated from renewable sources like solar and wind power.

Base load electricity

Base load electricity is generated from coal, natural gas, nuclear, petroleum and hydropower... 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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