A T&D infrastructure supplies electricity to power substations and then to electric utility transformers, which deliver electricity to industrial and domestic consumers.Components such as transmission lines, power substations, power cables, switchgear and control gears, and power transformers are widely used in power grids or electricity distribution systems. Therefore, they make primary building blocks in a T&D infrastructure.In Europe, the investment in T&D equipment will likely rise due to the increase in aggressive renewable energy mandates by the EU. The wind power generation,especially from offshore wind turbine installations in the North Sea, represents the

largest consumption of renewable energy. Such projects require different types of T&D equipment, including switchgear and control gears, power cables, power transformers,and distribution transformers. On the other hand, offshore wind projects are HVDC transmission lines, which use energy-efficient and specialized transformers and advanced switchgear.

PART 01: Executive summary 6

PART 02: Scope of the report 17

PART 03: Research Methodology 22

PART 04: Introduction 25

Key market highlights 25

PART 05: Market landscape 29

Market overview 29

Market size and forecast 30

Five forces analysis 33

PART 06: Market segmentation by product 34

T&D equipment market in Europe by product 34

T&D equipment market in Europe by power cables 35

T&D equipment market in Europe by transformers 38

T&D equipment market in Europe by switchgear 39

PART 07: Market segmentation by application 41

T&D equipment market in Europe by application 41

T&D equipment market in Europe by distribution 42

T&D equipment market in Europe by transmission 43

PART 08: Decision framework 45

PART 09: Drivers and challenges 47

Market drivers 48

Impact of drivers on key customer segments 56

Market challenges 57

Impact of challenges on key customer segments 60

PART 10: Market trends 61

Addition and refurbishment of T&D lines 61

Growing focus on energy efficiency 62

Transition to smart grid 63

PART 11: Vendor landscape 66

Key vendors 66

Other prominent vendors 66

PART 12: Key vendor analysis 68

ABB 68

General Cable 70

Nexans 71

Prysmian 74

Siemens 75

PART 13: Appendix 78

List of abbreviations 78

PART 14: Explore Technavio 80