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Table 1 - 2015 market size
for T&D equipment and sys-
tems, by world regions (mil-
lion US$) [3]

Fig. 1 - T&D world market in
2015 and 2025 by region [3]

The “Insulators & Fittings” includes also steel for & Metering” includes protections & relays, control
OHTLs, while ”Cables and Lines” include both bare systems (share of around 50%) and smart meters.
conductors and underground / undersea cables. The great concentration of the market in Asia (in-
Foundations and buildings are under “Civils“, while cluding the Indian subcontinent) reaching a share
engineering and erection from general contractors close to 50% is quite evident. Western Europe is
is under “turnkey engineering”, separated by costs the second market, with around 15% overall share,
for “utility management” relevant to design / super- followed by North America. According to the Eu-
vision of construction / commissioning. “Control ropean Parliament [2] the 2015 investments in the

34 Impiantistica Italiana - Marzo-Aprile 2018