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Article: Market for Electric Power Transmission and Distribution Equipment to Reach $117 Billion by 2015, According to New Report by Global Industry Analysts.(Industry overview)
- Article from:
- PRWeb
- Article date:
- April 13, 2009
CopyrightCOPYRIGHT 2009 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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San Jose, California, Apr 13, 2009 (PRWeb.com via COMTEX) -- With electricity consumption waxing at a robust rate in residential, commercial and industrial end-use markets, there exists strong demand potential for electric power transmission, distribution, and generation equipments, despite the short-term challenges in store. Power generation, transmission and distribution equipments are susceptible to changes in the regulatory environment, and economic cycles. Periods of downturn in key end-markets tend to influence demand patterns. Additionally, fortunes of this industry are directly proportional to spending by utilities for expansions, replacements and efficiency ...