Table of Content


1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKETS COVERED 16
1.4 YEARS CONSIDERED FOR THE STUDY 16
1.5 CURRENCY 17
1.6 LIMITATIONS 17
1.7 STAKEHOLDERS 17

2 RESEARCH METHODOLOGY 18
2.1 SCOPE 18
2.2 MARKET SIZE ESTIMATION 19
2.2.1 IDEAL DEMAND-SIDE ANALYSIS 19
2.2.1.1 Assumptions 19
2.2.1.2 Calculation 19
2.2.2 SUPPLY-SIDE ANALYSIS 20
2.2.2.1 Assumptions 20
2.2.2.2 Calculation 20
2.2.3 FORECAST 21
2.3 STATISTICS 21
2.3.1 COMPRESSOR, OIL & GAS CAPEX, AND POWER GENERATION 21
2.4 SOME OF THE INSIGHTS OF INDUSTRY EXPERTS 21

3 EXECUTIVE SUMMARY 22

4 PREMIUM INSIGHTS 27
4.1 ATTRACTIVE OPPORTUNITIES IN THE TRANSMISSION SALES MARKET 27
4.2 TRANSMISSION SALES MARKET, BY REGION 28
4.3 EUROPE TRANSMISSION SALES MARKET, BY END-USER & COUNTRY 29
4.4 TRANSMISSION SALES MARKET, BY COMPRESSION MEDIA 29
4.5 TRANSMISSION SALES MARKET, BY TYPE 30
4.6 TRANSMISSION SALES MARKET, BY APPLICATION 30

5 MARKET OVERVIEW 31
5.1 INTRODUCTION 31
5.2 MARKET DYNAMICS 31
5.2.1 DRIVERS 32
5.2.1.1 Growing shale gas production activities 32
5.2.1.2 Increasing operational transmission pipelines, gas processing,
and FPS & LNG vessels 32
5.2.1.3 Automation and transition to energy efficiency in oil & gas sector 36
5.2.1.4 Low cost of operation 36
5.2.2 RESTRAINTS 36
5.2.2.1 High maintenance cost 36
5.2.2.2 Technical challenges such as manufacturing defects and
improper installation 37
5.2.3 OPPORTUNITIES 37
5.2.3.1 Increased focus on mature oil & gas fields 37
5.2.3.2 Industrialization in emerging economies would increase the
demand for transmission 37
5.2.4 CHALLENGES 38
5.2.4.1 Gray market providing low-quality and cheap products 38

6 TRANSMISSION SALES MARKET, BY COMPRESSION MEDIA 39
6.1 INTRODUCTION 40
6.2 AIR COMPRESSION 41
6.2.1 DEMAND FOR POWER GENERATION IN THE EUROPEAN REGION OFFERS A LUCRATIVE OPPORTUNITY TO AIR COMPRESSION PROVIDERS 41
6.3 GAS COMPRESSION 42
6.3.1 ASIA PACIFIC IS PROJECTED TO BE THE FASTEST GROWING GAS COMPRESSION MARKET 42

7 TRANSMISSION SALES MARKET, BY TYPE 43
7.1 INTRODUCTION 44
7.2 RECIPROCATING COMPRESSOR 45
7.2.1 EUROPE IS THE LARGEST RECIPROCATING COMPRESSOR MARKET 45
7.3 ROTARY COMPRESSOR 46
7.3.1 NORTH AMERICA IS EXPECTED TO BE THE SECOND LARGEST ROTARY COMPRESSOR MARKET 46
7.4 CENTRIFUGAL COMPRESSOR 46
7.4.1 INCREASING OIL & GAS PRODUCTION IN THE AMERICAN REGION OFFERS A LUCRATIVE OPPORTUNITY TO CENTRIFUGAL COMPRESSOR PROVIDERS 46
7.5 AXIAL FLOW COMPRESSOR 47
7.5.1 GROWTH IN INDUSTRIALIZATION IN THE ASIA PACIFIC REGION OFFERS A GOOD OPPORTUNITY TO AXIAL FLOW COMPRESSOR PROVIDERS 47

8 TRANSMISSION SALES MARKET, BY END-USER 48
8.1 INTRODUCTION 49
8.2 OIL & GAS 50
8.2.1 OIL & GAS SEGMENT IS GROWING AT THE HIGHEST RATE OWING TO THE RISE IN DEVELOPMENTS OF UNCONVENTIONAL RESERVES 50
?
8.3 POWER GENERATION 51
8.3.1 INCREASING DEMAND FOR POWER GENERATION DRIVES THE GROWTH OF THE TRANSMISSION SALES MARKET 51
8.4 WATER & WASTEWATER MANAGEMENT 51
8.4.1 DEVELOPMENTS IN WATER RECYCLING PLANTS AROUND THE GLOBE ARE EXPECTED TO AID THE GROWTH OF THE TRANSMISSION SALES MARKET 51
8.5 OTHERS 52

9 TRANSMISSION SALES MARKET, BY APPLICATION 53
9.1 INTRODUCTION 54
9.2 ARTIFICIAL LIFT 55
9.2.1 INCREASE IN OIL PRODUCTION FROM MATURE WELLS IS LIKELY TO SUPPORT THE GROWTH OF THE ARTIFICIAL LIFT SEGMENT 55
9.3 GAS PROCESSING STATION 56
9.3.1 ASIA PACIFIC HELD THE LARGEST SHARE OF THE GAS PROCESSING STATION SEGMENT 56
9.4 LNG & FPS VESSEL 56
9.4.1 NEW DISCOVERIES IN DEEPWATER ARE EXPECTED TO LEVERAGE THE LNG & FPS VESSEL SEGMENT 56
9.5 STORAGE & FACILITIES 57
9.5.1 EUROPE IS EXPECTED TO BE THE LARGEST STORAGE & FACILITIES MARKET 57
9.6 OTHERS 58

10 TRANSMISSION SALES MARKET, BY REGION 59
10.1 INTRODUCTION 60
10.2 NORTH AMERICA 61
10.2.1 US 64
10.2.1.1 Shale development in the US is driving the US transmission
sales market 64
10.2.2 CANADA 65
10.2.2.1 Rising onshore oil & gas production along with pipeline transmission is expected to boost the demand for the transmission sales market
in Canada 65
10.2.3 MEXICO 66
10.2.3.1 Investments for developing shale resources are expected to drive
the Mexican transmission sales market 66
10.3 ASIA PACIFIC 67
10.3.1 CHINA 69
10.3.1.1 Rapid industrialization is likely to drive the Chinese transmission sales market 69
10.3.2 AUSTRALIA 70
10.3.2.1 Production initiation from shale resources along with plans to redevelop mature fields is likely to drive the transmission sales market in Australia 70
?
10.3.3 INDIA 71
10.3.3.1 Redevelopment of oilfields is expected to drive the Indian transmission sales market during the forecast period 71
10.3.4 REST OF ASIA PACIFIC 72
10.4 MIDDLE EAST & AFRICA 72
10.4.1 IRAN 75
10.4.1.1 Enhanced natural gas production and exploration from onshore
fields are expected to drive the transmission sales market in Iran 75
10.4.2 QATAR 75
10.4.2.1 Demand for transmission sales is likely to grow in Qatar because
of rising exports in the oil & gas industry 75
10.4.3 EGYPT 76
10.4.3.1 Investments in the power generation segment are expected to
drive the Egyptian transmission sales market 76
10.4.4 SAUDI ARABIA 76
10.4.4.1 Huge untapped oil & gas reserves offer lucrative opportunities for
oil & gas activities, thereby boosting the Saudi Arabian transmission sales market growth 76
10.4.5 REST OF MIDDLE EAST & AFRICA 77
10.5 EUROPE 78
10.5.1 RUSSIA 81
10.5.1.1 The exploration & production activities in Russia’s Far East region have picked up pace and are driving the Russian transmission
sales market 81
10.5.2 UK 81
10.5.2.1 Redevelopments in brownfields are expected to drive the
UK transmission sales market 81
10.5.3 NORWAY 82
10.5.3.1 Growth in natural gas production and exploration is offering opportunities for the transmission sales market in Norway 82
10.5.4 REST OF EUROPE 83
10.6 SOUTH AMERICA 84
10.6.1 BRAZIL 86
10.6.1.1 Offshore developments are expected to drive the
Brazilian transmission sales market 86
10.6.2 VENEZUELA 87
10.6.2.1 Stabilizing crude oil prices are expected to revitalize the oil production activities, thus driving the Venezuelan transmission
sales market 87
10.6.3 ARGENTINA 87
10.6.3.1 Development of shale reserves is expected to drive the transmission sales market 87
10.6.4 REST OF SOUTH AMERICA 88
?

11 COMPETITIVE LANDSCAPE 89
11.1 OVERVIEW 89
11.2 MARKET SHARE, 2018 91
11.3 COMPETITIVE SCENARIO 92
11.3.1 NEW PRODUCT LAUNCHES 92
11.3.2 CONTRACTS & AGREEMENTS 93
11.3.3 MERGERS & ACQUISITIONS 94
11.3.4 INVESTMENTS & EXPANSIONS 94
12 COMPANY PROFILE 95
(Business overview, Products offered, Recent Developments, MNM view)*
12.1 CUMMINS 95
12.2 CATERPILLAR 98
12.3 GE 101
12.4 SIEMENS 104
12.5 GAZPROM 107
12.6 MITSUBISHI HEAVY INDUSTRIES 109
12.7 HYUNDAI HEAVY INDUSTRIES 112
12.8 ATLAS COPCO 114
12.9 INGERSOLL RAND 117
12.10 BAUER KOMPRESSOREN 120
12.11 ARIEL CORPORATION 122
12.12 HMS GROUP 124
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
13 APPENDIX 128
13.1 INSIGHTS OF INDUSTRY EXPERTS 128
13.2 DISCUSSION GUIDE 129
13.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 132
13.4 AVAILABLE CUSTOMIZATIONS 134
13.5 RELATED REPORTS 134
13.6 AUTHOR DETAILS 135



List of Figures




FIGURE 1 TRANSMISSION SALES MARKET SEGMENTATION 16
FIGURE 2 INCREASING DEMAND FOR NATURAL GAS AND POWER IS THE MAJOR DETERMINING FACTOR FOR TRANSMISSION SALES MARKET 19
FIGURE 3 EUROPE DOMINATED THE TRANSMISSION SALES MARKET IN 2018 23
FIGURE 4 RECIPROCATING COMPRESSOR SEGMENT IS EXPECTED TO HOLD THE LARGEST SHARE DURING THE FORECAST PERIOD 24
FIGURE 5 OIL & GAS SEGMENT IS EXPECTED TO LEAD THE TRANSMISSION SALES MARKET DURING THE FORECAST PERIOD 24
FIGURE 6 ARTIFICIAL LIFT SEGMENT IS EXPECTED TO LEAD THE TRANSMISSION SALES MARKET DURING THE FORECAST PERIOD 25
FIGURE 7 AIR COMPRESSION SEGMENT IS EXPECTED TO LEAD THE TRANSMISSION SALES MARKET DURING THE FORECAST PERIOD 25
FIGURE 8 DEMAND FOR NATURAL GAS AND POWER IS DRIVING THE TRANSMISSION SALES MARKET, 2019–2024 27
FIGURE 9 EUROPE IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING
THE FORECAST PERIOD 28
FIGURE 10 OIL & GAS AND RUSSIA DOMINATED THE EUROPE TRANSMISSION
SALES MARKET IN 2018 29
FIGURE 11 AIR COMPRESSION SEGMENT IS EXPECTED TO DOMINATE THE TRANSMISSION SALES MARKET IN 2018 29
FIGURE 12 RECIPROCATING COMPRESSOR SEGMENT IS EXPECTED TO DOMINATE
THE TRANSMISSION SALES MARKET, BY TYPE, IN 2018 30
FIGURE 13 RECIPROCATING COMPRESSOR SEGMENT IS EXPECTED TO DOMINATE
THE TRANSMISSION SALES MARKET, BY APPLICATION, IN 2018 30
FIGURE 14 TRANSMISSION SALES MARKET: MARKET DYNAMICS 31
FIGURE 15 US SHALE GAS PRODUCTION, 2014–2017 32
FIGURE 16 OPERATIONAL PIPELINE SHARE, 2018 33
FIGURE 17 GLOBAL PIPELINE ADDITIONS, 2019-2024 33
FIGURE 18 GAS PROCESSING CAPACITY, MARKET SHARE, 2018 34
FIGURE 19 GAS PROCESSING CAPACITY, BY REGION, 2019–2024 34
FIGURE 20 FPS FLEET, MARKET SHARE, 2018 35
FIGURE 21 FPS CAPACITY, OPERATIONAL CAPACITY, 2019–2024 35
FIGURE 22 LNG VESSEL CAPACITY, MARKET SHARE, 2018 35
FIGURE 23 LNG VESSEL CAPACITY, OPERATIONAL CAPACITY, 2019–2024 36
FIGURE 24 CRUDE OIL PRICES PER BARREL, 2015–2019 (JUNE’19) 38
FIGURE 25 TRANSMISSION SALES MARKET SIZE, BY END-USER, 2019–2024 (USD MILLION) 40
FIGURE 26 TRANSMISSION SALES MARKET SIZE, BY COMPRESSION MEDIA 2019–2024 (USD MILLION) 41
FIGURE 27 TRANSMISSION SALES MARKET SHARE (VALUE), BY TYPE, 2019–2024 45
FIGURE 28 TRANSMISSION SALES MARKET SIZE, BY END-USER, 2019–2024 (USD MILLION) 49
FIGURE 29 TRANSMISSION SALES MARKET SHARE (VALUE), BY APPLICATION, 2019–2024 55
FIGURE 30 REGIONAL CAGR SNAPSHOT (2018): THE ASIA PACIFIC REGION IS EMERGING AS A NEW HOT SPOT FOR THE TRANSMISSION SALES MARKET 60
FIGURE 31 EUROPE HELD THE LARGEST MARKET SHARE OF THE TRANSMISSION
SALES MARKET, 2018 60
FIGURE 32 REGIONAL SNAPSHOT: NORTH AMERICAN TRANSMISSION SALES
MARKET IN 2018 62
FIGURE 33 REGIONAL SNAPSHOT: EUROPEAN TRANSMISSION SALES MARKET, 2018 78
FIGURE 34 KEY DEVELOPMENTS IN THE TRANSMISSION SALES MARKET, 2016–2019 90
FIGURE 35 MARKET SHARE ANALYSIS, 2018 91
FIGURE 36 CUMMINS: COMPANY SNAPSHOT 95
FIGURE 37 CATERPILLAR: COMPANY SNAPSHOT 98
FIGURE 38 GE: COMPANY SNAPSHOT 101
FIGURE 39 SIEMENS: COMPANY SNAPSHOT 104
FIGURE 40 GAZPROM: COMPANY SNAPSHOT 107
FIGURE 41 MHI: COMPANY SNAPSHOT 109
FIGURE 42 HYUNDAI HEAVY INDSUTRIES: COMPANY SNAPSHOT 112
FIGURE 43 ATLAS COPCO: COMPANY SNAPSHOT 114
FIGURE 44 INGERSOLL RAND: COMPANY SNAPSHOT 117
FIGURE 45 HMS GROUP: COMPANY SNAPSHOT 124

 

List of Tables




TABLE 1 TRANSMISSION SALES MARKET SNAPSHOT 22
TABLE 2 TRANSMISSION SALES MARKET: DIFFERENT APPLICATIONS OF
VARIOUS TYPES OF COMPRESSORS 40
TABLE 3 TRANSMISSION SALES MARKET SIZE, BY COMPRESSION MEDIA 2017–2024 (USD MILLION) 41
TABLE 4 AIR COMPRESSION: TRANSMISSION SALES MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 42
TABLE 5 GAS COMPRESSION: TRANSMISSION SALES MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 42
TABLE 6 TRANSMISSION SALES MARKET: VARIOUS APPLICATIONS OF DIFFERENT TYPES OF COMPRESSORS 44
TABLE 7 TRANSMISSION SALES MARKET SIZE, BY TYPE, 2017–2024 (USD MILLION) 44
TABLE 8 RECIPROCATING COMPRESSOR: TRANSMISSION SALES MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 45
TABLE 9 ROTARY COMPRESSOR: TRANSMISSION SALES MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 46
TABLE 10 CENTRIFUGAL COMPRESSOR: TRANSMISSION SALES MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 47
TABLE 11 AXIAL FLOW COMPRESSOR: TRANSMISSION SALES MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 47
TABLE 12 TRANSMISSION SALES MARKET SIZE, BY END-USER, 2017–2024 (USD MILLION) 49
TABLE 13 OIL AND GAS: TRANSMISSION SALES MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 50
TABLE 14 POWER GENERATION: TRANSMISSION SALES MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 51
TABLE 15 WATER & WASTEWATER MANAGEMENT: TRANSMISSION SALES MARKET SIZE, REGION, 2017–2024 (USD MILLION) 52
TABLE 16 OTHERS: TRANSMISSION SALES MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 52
TABLE 17 TRANSMISSION SALES MARKET: VARIOUS APPLICATIONS OF DIFFERENT APPLICATION SEGMENTS 54
TABLE 18 TRANSMISSION SALES MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 54
TABLE 19 ARTIFICIAL LIFT: TRANSMISSION SALES MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 55
TABLE 20 GAS PROCESSING STATION: TRANSMISSION SALES MARKET SIZE BY REGION, 2017–2024 (USD MILLION) 56
TABLE 21 LNG & FPS VESSEL: TRANSMISSION SALES MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 57
TABLE 22 STORAGE & FACILITIES: TRANSMISSION SALES MARKET SIZE BY APPLICATION, 2017–2024 (USD MILLION) 58
TABLE 23 OTHERS: TRANSMISSION SALES MARKET SIZE, BY REGION 2017–2024 (USD MILLION) 58
TABLE 24 TRANSMISSION SALES MARKET SIZE, BY REGION, 2017–2024 (USD MILLION) 61
TABLE 25 NORTH AMERICA: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 62
TABLE 26 NORTH AMERICA: TRANSMISSION SALES MARKET SIZE, BY TYPE 2017–2024 (USD MILLION) 63
TABLE 27 NORTH AMERICA: TRANSMISSION SALES MARKET SIZE, BY COMPRESSION MEDIA, 2017–2024 (USD MILLION) 63
TABLE 28 NORTH AMERICA: TRANSMISSION SALES MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 64
TABLE 29 NORTH AMERICA: TRANSMISSION SALES MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 64
TABLE 30 US: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 65
TABLE 31 CANADA: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 66
TABLE 32 MEXICO: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 66
TABLE 33 ASIA PACIFIC: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 67
TABLE 34 ASIA PACIFIC: TRANSMISSION SALES MARKET SIZE, BY TYPE 2017–2024 (USD MILLION) 68
TABLE 35 ASIA PACIFIC: TRANSMISSION SALES MARKET SIZE, BY COMPRESSION MEDIA, 2017–2024 (USD MILLION) 68
TABLE 36 ASIA PACIFIC: TRANSMISSION SALES MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 68
TABLE 37 ASIA PACIFIC: TRANSMISSION SALES MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 69
TABLE 38 CHINA: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 70
TABLE 39 AUSTRALIA: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 70
TABLE 40 INDIA: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 71
TABLE 41 REST OF ASIA PACIFIC: TRANSMISSION SALES MARKET SIZE, BY END-USER, 2017–2024 (USD MILLION) 72
TABLE 42 MIDDLE EAST & AFRICA: TRANSMISSION SALES MARKET SIZE, BY END-USER, 2017–2024 (USD MILLION) 73
TABLE 43 MIDDLE EAST & AFRICA: TRANSMISSION SALES MARKET SIZE BY TYPE, 2017–2024 (USD MILLION) 73
TABLE 44 MIDDLE EAST & AFRICA: TRANSMISSION SALES MARKET SIZE, BY COMPRESSION MEDIA, 2017–2024 (USD MILLION) 73
TABLE 45 MIDDLE EAST & AFRICA: TRANSMISSION SALES MARKET SIZE, BY APPLICATION, 2017–2024 (USD MILLION) 74
TABLE 46 MIDDLE EAST & AFRICA: TRANSMISSION SALES MARKET SIZE, BY COUNTRY, 2017–2024 (USD MILLION) 74
TABLE 47 IRAN: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 75
TABLE 48 QATAR: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 75
TABLE 49 EGYPT: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 76
TABLE 50 SAUDI ARABIA: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 77
TABLE 51 REST OF MIDDLE EAST & AFRICA: TRANSMISSION SALES MARKET SIZE BY END-USER, 2017–2024 (USD MILLION) 77
TABLE 52 EUROPE: TRANSMISSION SALES MARKET SIZE, BY TYPE 2017–2024 (USD MILLION) 79
TABLE 53 EUROPE: TRANSMISSION SALES MARKET SIZE, BY COMPRESSION MEDIA 2017–2024 (USD MILLION) 79
TABLE 54 EUROPE: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 79
TABLE 55 EUROPE: TRANSMISSION SALES MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 80
TABLE 56 EUROPE: TRANSMISSION SALES MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 80
TABLE 57 RUSSIA: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 81
TABLE 58 UK: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 82
TABLE 59 NORWAY: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 83
TABLE 60 REST OF EUROPE: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 83
TABLE 61 SOUTH AMERICA: TRANSMISSION SALES MARKET SIZE, BY TYPE 2017–2024 (USD MILLION) 84
TABLE 62 SOUTH AMERICA: TRANSMISSION SALES MARKET SIZE, BY COMPRESSION MEDIA, 2017–2024 (USD MILLION) 84
TABLE 63 SOUTH AMERICA: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 85
TABLE 64 SOUTH AMERICA: TRANSMISSION SALES MARKET SIZE, BY APPLICATION 2017–2024 (USD MILLION) 85
TABLE 65 SOUTH AMERICA: TRANSMISSION SALES MARKET SIZE, BY COUNTRY 2017–2024 (USD MILLION) 86
TABLE 66 BRAZIL: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 86
TABLE 67 VENEZUELA: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 87
TABLE 68 ARGENTINA: TRANSMISSION SALES MARKET SIZE, BY END-USER 2017–2024 (USD MILLION) 88
TABLE 69 REST OF SOUTH AMERICA: TRANSMISSION SALES MARKET SIZE BY END-USER, 2017–2024 (USD MILLION) 88
TABLE 70 DEVELOPMENTS BY KEY PLAYERS IN THE MARKET, 2016–2019 92