Canada Electric Power Transmission and Distribution Equipment Market Size & Outlook, 2025-2033
Canada Electric Power Transmission and Distribution Equipment Market Size
According to Straits Research analysis, the Canada Electric Power Transmission and Distribution Equipment Market was valued at USD 5976.74 Million in 2024. It is projected to reach USD 8956.95 Million by 2033, growing at a CAGR of 4.6% during the forecast period. This growth is predominantly driven by several industries like agriculture, chemicals, and energy sectors, which largely depend on efficient power transmission and distribution equipment. Emerging trends such as green production, sustainability, and technological advancements are presenting substantial opportunities for market expansion. Additionally, the rising demand for export of Canadian electrical equipment further fuels the market growth. Canada is positioning itself as a global leader in the production and supply of electric power transmission and distribution equipment, further propelling advancements within the industry.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Electric Power Transmission and Distribution Equipment Market Highlights
- Within the Type category, Transformer dominated in 2024 in terms of market size contribution.
- Over the forecast period, Metering Equipment is forecasted to deliver the fastest growth, positioning it as the most lucrative Type segment.
- In 2024, Canada accounted for 2.48% of the global electric power transmission and distribution equipment market size.
- By 2033, United States is expected to lead the global electric power transmission and distribution equipment market in terms of market size.
- Within North America, United States is projected to dominate the regional electric power transmission and distribution equipment market size by 2033.
- Canada is identified as the fastest-growing market in North America, anticipated to reach USD 24106 Million by 2033.
Canada Electric Power Transmission and Distribution Equipment Market Revenue Share 2024
- 📊 Preview Report Scope and Structure – Gain immediate visibility into key topics, market segments, and data frameworks covered.
- 📥 Evaluate Strategic Insights – Access selected charts, statistics, and analyst-driven commentary derived from the final report deliverables.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2020-2033 |
| Historical Period | 2020-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 5976.74 Million |
| Market Size In 2033 | USD 8956.95 Million |
| Largest segment | Transformer |
| Fastest segment | Metering Equipment |
| Units | Revenue in USD Million |
| CAGR | 4.6% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
|
| Voltage Level |
|
| End Use |
|
Canada Electric Power Transmission and Distribution Equipment Market By Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Electric Power Transmission and Distribution Equipment Market By Voltage Level 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Electric Power Transmission and Distribution Equipment Market By End Use 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
