The power generation, transmission and control manufacturing market includes companies manufacturing motors and generators, power, distribution and specialty transformers, relay and industry control and switchgears and switchboards.

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The power generation, transmission and control manufacturing market is valued at $433 billion in 2017 due to the growth in renewable power generation and increasing investments in transmission infrastructure. Asia Pacific was the largest region in the power generation, transmission and control manufacturing market in 2017, accounting for almost half of the market share.

The global power generation, transmission and control manufacturing market in The Business Research Company’s report is segmented into switchgear & switchboard apparatus; motor & generator; relay and industrial control and power, distribution, and specialty transformer. While the first two segments account for almost 75% of the market share, the remaining is attributed to the relay and industrial control and power, distribution, and specialty transformer segments.

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China was the largest country in the power generation, transmission and control manufacturing market in 2017, accounting for almost one-third of the market share. China was followed by Germany and the USA.

Siemens AG was the largest competitor in the power generation, transmission and control manufacturing market in 2017, followed by ABB Ltd and Schneider Electric S.A. Siemens AG is headquartered in Munich, Germany. It is a technology company with operations in the fields of power generation, automation, medical technology, railways, building technologies and others.

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