United States Electric Power Transmission and Distribution Equipment Market Size & Outlook, 2025-2033
United States Electric Power Transmission and Distribution Equipment Market Size
According to Straits Research analysis, the United States Electric Power Transmission and Distribution Equipment Market was valued at USD 57588.65 Million in 2024 and is projected to reach USD 84253.61 Million by 2033, expanding at a CAGR of 4.3% during the forecast period. This sector’s growth is being driven by diverse industrial applications including agriculture and chemicals, and is critical to fulfilling ever-increasing energy demands. Technological advancements, such as smart grid developments and renewable energy installations, present significant opportunities, alongside growing trends towards sustainability and green energy solutions. Additionally, there is great export potential due to the high-quality and technologically advanced nature of US products. Positioned to profit from these trends, the US remains a global leader in the electric power transmission and distribution equipment market, and is set to further secure and enhance this position over the forecast period.
Source: Straits Research Analysis Company Publications, Primary Interviews.
United States Electric Power Transmission and Distribution Equipment Market Highlights
- By segment, Switchgear emerged as the largest Type in terms of market size in 2024.
- Metering Equipment is anticipated to remain the most attractive Type segment, recording the fastest growth during the forecast period.
- As of 2024, United States held 23.87% of the global electric power transmission and distribution equipment market size.
- By 2033, United States is anticipated to capture the largest share of the global electric power transmission and distribution equipment market.
- In North America, United States is expected to lead the regional electric power transmission and distribution equipment market size by 2033.
- Canada will remain the fastest-growing market in North America, reaching USD 24106 Million by 2033.
United States 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 57588.65 Million |
| Market Size In 2033 | USD 84253.61 Million |
| Largest segment | Switchgear |
| Fastest segment | Metering Equipment |
| Units | Revenue in USD Million |
| CAGR | 4.3% (2025-2033) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
United States Electric Power Transmission and Distribution Equipment Market Share By Type
Segmentation Covered
| Segments | Sub Segments |
|---|---|
| Type |
|
| Voltage Level |
|
| End Use |
|
United States Electric Power Transmission and Distribution Equipment Market By Type 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
United States Electric Power Transmission and Distribution Equipment Market By Voltage Level 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
United States Electric Power Transmission and Distribution Equipment Market By End Use 2033
Source: Straits Research Analysis Company Publications, Primary Interviews.
