Power Transmission and Components Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Power transmission aids in smooth electricity transmission, and distribution services. These services are offered to residential, commercial and industrial end users. Power generation utilities produce electricity, which is sold to power transmission utilities for further downstream distribution. Power transmission companies generate revenue by selling procured electricity to end users. Electricity is transmitted through transmission lines in high-voltage direct current (HVDC) or high-voltage alternating current (HVAC). Power transmission system includes transmission lines, transformer stations, and distribution substations that deliver the electricity...
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