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According to the latest report released by Reportlinker.
com, the global power transmission, distribution and control market exceeded 1.
4 trillion US dollars in 2017, reaching 1,439 billion US dollars
.
The transmission, control and distribution market includes all transmission and distribution systems and network controls and related component markets
from generation to consumer.
Geographically, the Asia-Pacific transmission, control and distribution market reached $600 billion in 2017, accounting for 41.
7%
of the total global market.
Among them, China is the largest market in the Asia-Pacific region, with a scale of US$286.
3 billion, accounting for 19.
9%.
From a corporate perspective, global power transmission companies (grid companies) are using hybrid grids to transmit power
over long distances at a lower cost.
Hybrid grids use a combination of high-voltage direct current (HVDC), alternating current, and DC systems to transmit electricity
.
These systems provide end-users with more affordable, reliable and sustainable energy
.
For example, Huawei, a leading communications technology provider in China, is using a hybrid grid power system to deliver power
to low-power grid areas.
According to the latest report released by Reportlinker.
com, the global power transmission, distribution and control market exceeded 1.
4 trillion US dollars in 2017, reaching 1,439 billion US dollars
.
The transmission, control and distribution market includes all transmission and distribution systems and network controls and related component markets
from generation to consumer.
Geographically, the Asia-Pacific transmission, control and distribution market reached $600 billion in 2017, accounting for 41.
7%
of the total global market.
Among them, China is the largest market in the Asia-Pacific region, with a scale of US$286.
3 billion, accounting for 19.
9%.
From a corporate perspective, global power transmission companies (grid companies) are using hybrid grids to transmit power
over long distances at a lower cost.
Hybrid grids use a combination of high-voltage direct current (HVDC), alternating current, and DC systems to transmit electricity
.
These systems provide end-users with more affordable, reliable and sustainable energy
.
For example, Huawei, a leading communications technology provider in China, is using a hybrid grid power system to deliver power
to low-power grid areas.
