Measurement & Instrumentation

Key Insights into Battery Operated Tools for the Electric Wiring Market

Published: 7 Jun 2017

Electric and gas utility capital expenditure (CAPEX) by US investor-owned utilities (IOUs) was about $115 billion in 2016. This includes upgrading aging infrastructure and installing new power generation, renewable power generation, and distribution of natural gas pipelines. A substantial portion of US infrastructure is 50 to 70 years old and requires immediate investment for refurbishment. IOUs have invested about $44 billion in upgrading the electric transmission and distribution (T&D) system and modernizing the grid with information and communication technologies.

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