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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 | Jan 2016

Charged up: Electricity price growth hasn't kept up with inflation, causing revenue to fall

IBISWorld’s Electric Power Transmission market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$386bn
Annual Growth 10-15
-1.2%
Annual Growth 15-20
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Profit
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Employment
361,653
Businesses
1,239
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 Locations Chapter

Industry revenue is distributed according to population and households, businesses and manufacturers, the primary drivers of electricity demand, are concentrated in high population regions. However, regions with high population concentration typically have a relatively smaller share of industry establishments, as each establishment can service a large number of customers more easily.

The Southeast and Great Lakes regions together contain about 40.0% of the US population and many electricity-intensive industries such as steel and motor vehicle production. Consequently, the two regions generate about 43.0% of industry revenue... 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 electricity
 
Industry Activities
Electric bulk power transmission and controlElectric power distributionWholesale electricity brokering and marketing


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