Global investment and the future market for T&D equipment

Sa？etak 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