GLOBAL ELECTRICAL INFRASTRUCTURE: GENERATION, TRANSMISSION & DISTRIBUTION EQUIPMENT & SERVICES: A MARKET AND COMPETITIVE ANALYSIS 2007-2017

The major conclusions of this report are summarized as follows:

• Electric consumption drives GDP growth and prosperity.
• In order to increase GDP, on both a national and per capita basis, new electric capacity needs to be installed and existing systems need to be upgraded.
• Global demand for electrical generation, transmission and distribution products and services will equal $400 billion in 2007 and is increasing 8% annually in real terms.
• Nuclear energy will continue to grow in importance due to its more favourable impact on climate-change compared to hydrocarbon based generation inputs.
• Renewable fuels, despite the hype, are and will continue to be a niche segment.
• The companies best positioned in this environment include Siemens, GE, Areva, ABB and The Shaw Group.