15-Jan-2026 Admin
Continuous rise in demand for electricity is expected to drive the global transmission & distribution market during the forecast period. Aging infrastructure also demands improvements in transmission efficiency and energy security, thus contributing to the growth of the global transmission & distribution market. Technological developments in the transmission grid technology are also contributing to the expansion of the global transmission & distribution market.
At Skipper Limited, transmission towers are viewed not just as a product, but as a service. From Designing & Engineering excellence for customised, innovative and optimized solutions, prototyping and tower load testing to the erection and stringing of a customised tower, Skipper is present along the entire value chain. Skipper’s Dedicated R&D Centre is recognised by the Department of Scientific & Industrial Research, Govt. of India.
The research facility also holds one of India’s largest NABL Accredited Test bed for Material Testing and Full Scale Load Testing. Skipper’s tower testing bed not only functions as a supporting facility rather it strives to add value to the products they manufacture. Here, we will explore how testing stations add value to transmission towers and contribute to maintaining a robust and resilient power transmission infrastructure.
There is an increasing awareness about the harmful environmental impact of CO2 emissions and greenhouse gases all over the world. This has triggered interest in renewable energy sources as compared to conventional coal or fossil fuel sources. This trend is expected to stimulate the global transmission & distribution market in the upcoming years. In order to cater the rising demand for electric power, market players are focusing on integrating renewable energy sources in their energy generation policies in many developing countries across the world.
Increasing initiatives by governments of various countries to promote the usage of energy generated through the renewable energy sources is driving the global transmission & distribution market. Moreover, rising demand for modernization and advancements in electrical grids are anticipated to create opportunities for stakeholders and players in the global transmission & distribution market.
The global transmission & distribution market is majorly driven by urbanization and industrial growth across the globe. This has boosted the demand for electricity in the world. Emerging economies in power transmission and distribution equipment segment are expected to fuel the expansion of the transmission & distribution market, while the U.S. and European nations are expected to remain major contributors due to their tremendous need for electrical power. The global demand for electricity is expected to increase during the forecast period. This is a factor attributable to the rapid expansion of the global transmission & distribution market. There is increasing investments in grid technologies and smart meters, which is expected to drive the global transmission & distribution market during the forecast period.
Various developing regions and countries are likely to experience strong growth in electric power transmission industry, as governments of most countries are engaging in upgrading and expanding the transmission & distribution infrastructure. This market is further projected to witness growth as economies continue to invest heavily in electricity generation, transmission, and distribution networks.
Countries are focusing on modernizing energy grid, currently deploying high voltage transmission to meet their respective nation’s low-carbon goals, as high-voltage transmission grids used for the long distance transmission and renewable power plants are located at long distance. The implementation of grid modernization initiatives helps improve grid reliability, resiliency, and system efficiency. This would also address rising expectations regarding customer service. Hence, transmission & distribution companies are investing significantly in the modernization of grids. As national, regional, and continental electricity grids are interconnected, growth in national and regional markets is also expected to increase significantly. With the introduction of new entrants in the market, competition has intensified, thus resulting in the improvement of product quality and features.
Manufacturers operating in the global transmission & distribution market are focusing on product innovation and developments to improve their overall share of the global and regional markets. Companies in the global transmission & distribution market are focusing on strengthening their product portfolio to mark their presence in the competitive market. The emergence of new technologies and improvement in services offered by key market players are responsible for market growth. Companies are heavily investing in research & development activities to discover innovative products that can be used for power transmission & distribution. In addition, manufacturers are expanding their services and product portfolio to meet the rising demand for electricity across the globe.
According to Transparency Market Research’s latest research report on the global transmission & distribution market for the forecast period of 2021 to 2031, increase in industrialization and urbanization is expected to boost the global transmission & distribution market during the forecast period
Industrialization and urbanization have increased significantly across the globe. This has boosted the demand for electricity in the world. Global demand for electricity is expected to increase at 2.1% per year to 2031, twice the rate of the primary energy demand. Thus, demand for transmission and distribution infrastructure is likely to increase.
Aging energy generation and distribution infrastructure is one of the major challenges faced by developed countries. In the U.S., around 70% of transformers are more than 25 years old, while 60% of distribution poles are 30 years old. They are approaching the end of their useful life. This equipment requires replacement and upgrade. In the U.S., between 35% and 48% of transmission and distribution assets either currently need or would soon need replacement. Power generation and distribution companies are spending more than US$ 51 Bn on the upgrade of aging equipment.
Transmission & distribution is evolving continuously, modernizing the grid, to make it smarter and more resilient through the use of cutting-edge technologies, equipment, and controls that communicate and work together to deliver electricity more reliably and efficiently. This can greatly reduce the frequency and duration of power outages, reduce storm impacts, and restore service faster when outages occur.
Advanced metering, monitoring and diagnostic systems, and other smart grid infrastructure would position them to embrace the modern grid and realize its economic and reliability benefits. Europe is planning to replace 140,000 miles of transition lines. The European Commission plans to invest €50 Bn every year on grid modification.
Countries are focusing on modernizing the energy grid, currently deploying for high-voltage transmission to meet their respective nation’s low-carbon goals, as high-voltage transmission is used for the long distance transmission and renewable power plants are located at long distance
Implementation of grid modernization initiatives helps improve grid reliability, resiliency, and system efficiency. This would also address rising expectations regarding customer service. Hence, transmission and distribution companies are investing significantly in the modernization of grids. According to a study published by the International Society for Performance Improvement (ISPI), global investments in grid technologies, data intelligence, and digital services were rising, and the highest growth areas were smart meters, EV charging stations, and digital substation. Thus, increase in investment in modernization of the aging power grid is anticipated to drive the global transmission and distribution market.
Industrialization and urbanization have been increasing significantly across the globe for the past few years. This has boosted the demand for electricity worldwide.
In terms of consumption of energy, Asia Pacific held a major share of more than 80% in 2021; of this, nearly 57% of energy was consumed by China. Demand for electricity has increased in China owing to the steady economic growth and industrial demand. Demand for electricity has also increased in India, South Korea, Japan, and Indonesia, in Asia Pacific. The Government of India’s initiatives and schemes resulted in almost 99% of electrification in the country in 2019. Almost 1.2 billion people have gained access to electricity in developing countries of Asia since 2000, with 97% of the region having access in 2020, as compared to 67% in 2000.
The number of people gaining access to electricity tripled from 8 million a year between 2000 and 2013 to 24 million people between 2014 and 2019 in Middle East & Africa, especially in rural parts of countries in Africa. Much of this dynamism came in a small number of countries, particularly in Kenya, Senegal, Rwanda, Ghana, and Ethiopia, while more than 40% was contributed by Sub-Saharan African countries. Kenya was a key country in the region; the access to electricity rate in the country rose from 25% in 2013 to 75% in 2019. Most of the progress made in Africa over the last decade can be ascribed to grid connections.
Demand for electricity is expected to continue to rise across the globe during the forecast period. The world is focusing on renewable energy to cater to the high demand for electricity. Rise in demand for electricity is expected to boost the demand for power transmission and distribution projects all over the world. Thus, increase in demand for electricity is anticipated to drive the global transmission & distribution market during the forecast period.
Several national and multinational electricity transmission & distribution service providers operate in the global transmission & distribution market. Detailed profiles of service providers of electricity transmission & distribution have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies.
Key players operating in the global transmission & distribution market include Siemens, ARTECHE, Europower Energie B.V., Eltel Networks, GENERAL ELECTRIC, Renewable Energy Systems Ltd. Bechtel Corporation, ABB, Mitsubishi Electric, Hartek Group., STEAG GMBH, Reliance Infrastructure Limited, L&T Construction, Intertek, TUV SUD, SGS, Bureau Veritas, and Dekra
One of the world's largest integrated Transmission Tower manufacturing companies
The company is also engaged in EPC Projects in Power Transmission & Distribution, Telecom infra and Railway Structures
Skipper Limited is a national powerhouse in the Polymer Pipe business.
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