IBISWorld Platform
Answer any industry question in minutes with our entire database at your fingertips.
An uptick in infrastructure investment has allowed electric power transmitters to raise rates, increasing revenue and profit. Since the need for electricity is inelastic, economic shifts typically do not impact transmission companies considerably. While commercial and industrial businesses were affected during lockdowns, residential consumers used more electricity because of stay-at-home orders, cushioning the blow from the slump in other sectors. As the economy reopened, revenue swelled, stemming from a combination of higher electricity prices and an expanding customer base. An uptick in government funding has also led to companies building more infrastructure and implementing smart grid technology into existing towers, optimizing performance. Nonetheless, according to the Federal Energy Regulatory Commission, during the 2020s, the U.S. constructed only 20% as many new transmission lines as it did in the first half of the 2010s. Overall, industry revenue is set to expand at a CAGR of 2.3% to $536.2 billion in 2025, including a 1.7% uptick in 2025 alone.
Answer any industry question in minutes with our entire database at your fingertips.
Feed trusted, human-driven industry intelligence straight into your platform.
Streamline your workflow with IBISWorld’s intelligence built into your toolkit.
IBISWorld's research coverage on the Electric Power Transmission industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released July 2025.
The Electric Power Transmission industry in the United States operates under the NAICS industry code 22112. 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. Related terms covered in the Electric Power Transmission industry in the United States include transmission, distribution, peak hours, smart grid, public utility commission (puc), circuit mile and kilowatt hour (kwh).
Products and services covered in Electric Power Transmission industry in the United States include Natural gas-generated electricity, Coal-generated electricity and Renewable sources.
Companies covered in the Electric Power Transmission industry in the United States include Exelon Corporation, Edison International and Oncor Inc.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Electric Power Transmission industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Electric Power Transmission industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Electric Power Transmission industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Electric Power Transmission industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Electric Power Transmission industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Electric Power Transmission industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Electric Power Transmission industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Electric Power Transmission industry in the United States.
More than 6,000 businesses use IBISWorld to shape local and global economies
We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.
IBISWorld delivers the crisp business knowledge we need to drive our business. Whether it be serving up our major clients, winning new business or educating on industry issues, IBISWorld brings real value.
IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.
When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.
The market size of the Electric Power Transmission industry in the United States is $536.2bn in 2026.
There are 1,361 businesses in the Electric Power Transmission industry in the United States, which has grown at a CAGR of 0.7 % between 2020 and 2025.
The Electric Power Transmission industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Electric Power Transmission industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Electric Power Transmission industry in the United States has been growing at a CAGR of 2.3 % between 2020 and 2025.
Over the next five years, the Electric Power Transmission industry in the United States is expected to grow.
The biggest companies operating in the Electric Power Transmission industry in the United States are Exelon Corporation, Edison International and Oncor Inc.
Electric bulk power transmission and control and Electric power distribution are part of the Electric Power Transmission industry in the United States.
The company holding the most market share in the Electric Power Transmission industry in the United States is Exelon Corporation.
The level of competition is low and steady in the Electric Power Transmission industry in the United States.