The transmission and distribution (T&D) market is expected to grow exponentially with the demands placed on governments and utility companies to upgrade and develop the transmission and distribution infrastructure.
The growing demand for power coupled with the decades of under-investment in upgrading and replacing ageing infrastructure has generated a need to improve transmission and distribution efficiency, grids, and security.
With the long-term trends for the rise and proliferation of renewables, investments and overhauls of T&D infrastructure including networks, rehabilitation and expansion of transmission systems are necessary to improve efficiency, accelerate deployment of distributed renewable generation, and reduce transmission losses.
On a global scale, nations are heavily investing in their energy, transmission and distribution infrastructure systems in order to ensure that national plans and initiatives are met. In addition to achieving sustainability, it is also crucial for nations to also invest in their T&D infrastructure for the proliferation of renewable power generation sources.