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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 | May 2014

Charging up: Growing electricity consumption will power industry revenue

IBISWorld’s Electric Power Transmission market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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

Industry revenue declined over the past five years, but it is forecast to grow with the ongoing economic recovery. As companies across all industries ramp up their production, demand for electricity will rise. Operators will also benefit from funding provided by public utility commissions for the development of a national smart grid and for the improvement of the electricity grid. Furthermore, after several highly publicized blackouts in the early part of the decade, legislation will encourage utilities companies to invest in new infrastructure... purchase to read more

Industry Report - Starting a New Business Chapter

The Electric Power Transmission industry has high barriers to entry, as there are heavy government regulations regarding electricity utilities. Utilities must abide by regulations on electricity rates and fuel sources. In addition, new utilities must participate in government-mandated regional transmission infrastructure planning meetings. Transmission infrastructure also requires significant capital investments; therefore, capital costs act as another barrier to entry for prospective utilities.

This industry also requires high-skilled workers such as electricians and electrical engineers to manage power grids. Prospective firms that fail to find skilled employees will have difficulty managing electricity demand and grid reliability... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Electric Power Transmission Industry?

Firms in this industry transmit and distribute 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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