Abstract
US demand to reach $20.6 billion in 2011
US demand for electric transmission and distribution equipment is forecast to
increase 3.7 percent annually (including price increases) to $20.6 billion in
2011. Gains will be supported by an improved outlook for nonresidential fixed
investment and a rebound in electric utility capital spending. In addition,
continued increases in electric generation, by electric utilities and
especially by independent power producers, will support demand for
transmission and distribution equipment to more efficiently transport that
power to the customer. Preventing even faster increases will be the slowdown
in construction spending, particularly in the residential segment.
Electric meters to be fastest growing products
Among product types, the best opportunities will be in meters, driven by the
continued expansion of distributed power generation and net metering. Net
metering requires more advanced meter products that can measure electricity
flow both from the grid and back to the grid when local generation (e.g. by
solar panels on a home' s roof) exceeds power consumption.
Study coverage
It presents historical US demand data for the years 1996, 2001 and 2006 plus
forecasts for 2011 and 2016 by electric transmission and distribution product
and market. The study also considers market environment factors, evaluates
company market share and profiles 39 leading US industry competitors.