Transformers Magazine, Vol. 6 No. 3, 2019.
Original scientific paper
Global investment and the future market for T&D equipment
Steve Aubertin
; Goulden Reports
Abstract
Global investment in T&D
infrastructure is set to rise
by 4.3 % CAGR between
2018 and 2028. Current
investment is calculated at $232.9
billion and this will reach $355.1
billion (constant 2018 US$) by the
year 2028.
Growth rates vary greatly from region
to region. The region displaying fastest
growth is the Indian Sub-continent with
7.1 % CAGR, Asia overall is forecasted to grow
at 5.1 %, North America at 3.1 %
and the region with the lowest growth
rate is Western Europe at 1.9 % CAGR.
Other areas are forecasted to grow at
between 3 % and 4.5 % CAGR with
some very large variations in individual
countries – some African countries
will grow at rates of over 8 % and some
in Asia at greater than 7 % albeit from
relatively small bases.
Keywords
CAGR; global investment; T&D infrastructure
Hrčak ID:
222741
URI
Publication date:
8.7.2019.
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