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High Voltage Equipment-Global Market Insights and Sales Trends 2024
Synopsis
High voltage equipment becomes the integral part of the transmission and distribution network. Power transmission includes equipment such as transformers and reactive compensation, breaker, protection and control and communication equipment and others. Continuously growing energy demand will continue to be the central market driver for transmission equipment.
The global High Voltage Equipment market size is expected to reach US$ 117530 million by 2029, growing at a CAGR of 4.1% from 2023 to 2029. The market is mainly driven by the significant applications of High Voltage Equipment in various end use industries. The expanding demands from the Power Transmission and Power Distribution, are propelling High Voltage Equipment market. Switchgear, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Transformer segment is estimated at % CAGR for the next seven-year period.
Continuous demand for electricity in highly populated countries such as India and China has improved the development of power T&D equipment. The length of the installed T&D lines over the next five years is likely to be the highest in Asia-Pacific among all regions. Moreover, the T&D expenditure in Asia-Pacific is also the highest. High voltage equipment is extensively used by utilities companies. North America and Europe currently have market for grid modernization and replacement of old installations. Along with the capacity enhancement trending world-wide, the investments in the offshore wind farms are expected to drive the market
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for High Voltage Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global High Voltage Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global High Voltage Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, High Voltage Equipment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of High Voltage Equipment covered in this report include General Electric, Siemens, ABB, Larsen & Toubro, Mitsubishi Electric, Hitachi, Fuji Electric, Crompton Greaves and Toshiba, etc.
The global High Voltage Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
General Electric
Siemens
ABB
Larsen & Toubro
Mitsubishi Electric
Hitachi
Fuji Electric
Crompton Greaves
Toshiba
Tebian Electric Apparatus
Bharat
Global High Voltage Equipment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global High Voltage Equipment market, Segment by Type:
Switchgear
Transformer
Reactive Power Equipment
Relay Panel
SCADA
Others
Global High Voltage Equipment market, by Application
Power Transmission
Power Distribution
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of High Voltage Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of High Voltage Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
High voltage equipment becomes the integral part of the transmission and distribution network. Power transmission includes equipment such as transformers and reactive compensation, breaker, protection and control and communication equipment and others. Continuously growing energy demand will continue to be the central market driver for transmission equipment.
The global High Voltage Equipment market size is expected to reach US$ 117530 million by 2029, growing at a CAGR of 4.1% from 2023 to 2029. The market is mainly driven by the significant applications of High Voltage Equipment in various end use industries. The expanding demands from the Power Transmission and Power Distribution, are propelling High Voltage Equipment market. Switchgear, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Transformer segment is estimated at % CAGR for the next seven-year period.
Continuous demand for electricity in highly populated countries such as India and China has improved the development of power T&D equipment. The length of the installed T&D lines over the next five years is likely to be the highest in Asia-Pacific among all regions. Moreover, the T&D expenditure in Asia-Pacific is also the highest. High voltage equipment is extensively used by utilities companies. North America and Europe currently have market for grid modernization and replacement of old installations. Along with the capacity enhancement trending world-wide, the investments in the offshore wind farms are expected to drive the market
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for High Voltage Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global High Voltage Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global High Voltage Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, High Voltage Equipment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of High Voltage Equipment covered in this report include General Electric, Siemens, ABB, Larsen & Toubro, Mitsubishi Electric, Hitachi, Fuji Electric, Crompton Greaves and Toshiba, etc.
The global High Voltage Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
General Electric
Siemens
ABB
Larsen & Toubro
Mitsubishi Electric
Hitachi
Fuji Electric
Crompton Greaves
Toshiba
Tebian Electric Apparatus
Bharat
Global High Voltage Equipment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global High Voltage Equipment market, Segment by Type:
Switchgear
Transformer
Reactive Power Equipment
Relay Panel
SCADA
Others
Global High Voltage Equipment market, by Application
Power Transmission
Power Distribution
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of High Voltage Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of High Voltage Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 High Voltage Equipment Market Overview
1.1 High Voltage Equipment Product Overview
1.2 High Voltage Equipment Market Segment by Type
1.2.1 Switchgear
1.2.2 Transformer
1.2.3 Reactive Power Equipment
1.2.4 Relay Panel
1.2.5 SCADA
1.2.6 Others
1.3 Global High Voltage Equipment Market Size by Type
1.3.1 Global High Voltage Equipment Market Size Overview by Type (2018-2029)
1.3.2 Global High Voltage Equipment Historic Market Size Review by Type (2018-2023)
1.3.3 Global High Voltage Equipment Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America High Voltage Equipment Sales Breakdown by Type (2018-2023)
1.4.2 Europe High Voltage Equipment Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific High Voltage Equipment Sales Breakdown by Type (2018-2023)
1.4.4 Latin America High Voltage Equipment Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa High Voltage Equipment Sales Breakdown by Type (2018-2023)
2 Global High Voltage Equipment Market Competition by Company
2.1 Global Top Players by High Voltage Equipment Sales (2018-2023)
2.2 Global Top Players by High Voltage Equipment Revenue (2018-2023)
2.3 Global Top Players by High Voltage Equipment Price (2018-2023)
2.4 Global Top Manufacturers High Voltage Equipment Manufacturing Base Distribution, Sales Area, Product Type
2.5 High Voltage Equipment Market Competitive Situation and Trends
2.5.1 High Voltage Equipment Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by High Voltage Equipment Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in High Voltage Equipment as of 2022)
2.7 Date of Key Manufacturers Enter into High Voltage Equipment Market
2.8 Key Manufacturers High Voltage Equipment Product Offered
2.9 Mergers & Acquisitions, Expansion
3 High Voltage Equipment Status and Outlook by Region
3.1 Global High Voltage Equipment Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global High Voltage Equipment Historic Market Size by Region
3.2.1 Global High Voltage Equipment Sales in Volume by Region (2018-2023)
3.2.2 Global High Voltage Equipment Sales in Value by Region (2018-2023)
3.2.3 Global High Voltage Equipment Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global High Voltage Equipment Forecasted Market Size by Region
3.3.1 Global High Voltage Equipment Sales in Volume by Region (2024-2029)
3.3.2 Global High Voltage Equipment Sales in Value by Region (2024-2029)
3.3.3 Global High Voltage Equipment Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global High Voltage Equipment by Application
4.1 High Voltage Equipment Market Segment by Application
4.1.1 Power Transmission
4.1.2 Power Distribution
4.2 Global High Voltage Equipment Market Size by Application
4.2.1 Global High Voltage Equipment Market Size Overview by Application (2018-2029)
4.2.2 Global High Voltage Equipment Historic Market Size Review by Application (2018-2023)
4.2.3 Global High Voltage Equipment Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America High Voltage Equipment Sales Breakdown by Application (2018-2023)
4.3.2 Europe High Voltage Equipment Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific High Voltage Equipment Sales Breakdown by Application (2018-2023)
4.3.4 Latin America High Voltage Equipment Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa High Voltage Equipment Sales Breakdown by Application (2018-2023)
5 North America High Voltage Equipment by Country
5.1 North America High Voltage Equipment Historic Market Size by Country
5.1.1 North America High Voltage Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America High Voltage Equipment Sales in Volume by Country (2018-2023)
5.1.3 North America High Voltage Equipment Sales in Value by Country (2018-2023)
5.2 North America High Voltage Equipment Forecasted Market Size by Country
5.2.1 North America High Voltage Equipment Sales in Volume by Country (2024-2029)
5.2.2 North America High Voltage Equipment Sales in Value by Country (2024-2029)
6 Europe High Voltage Equipment by Country
6.1 Europe High Voltage Equipment Historic Market Size by Country
6.1.1 Europe High Voltage Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe High Voltage Equipment Sales in Volume by Country (2018-2023)
6.1.3 Europe High Voltage Equipment Sales in Value by Country (2018-2023)
6.2 Europe High Voltage Equipment Forecasted Market Size by Country
6.2.1 Europe High Voltage Equipment Sales in Volume by Country (2024-2029)
6.2.2 Europe High Voltage Equipment Sales in Value by Country (2024-2029)
7 Asia-Pacific High Voltage Equipment by Region
7.1 Asia-Pacific High Voltage Equipment Historic Market Size by Region
7.1.1 Asia-Pacific High Voltage Equipment Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific High Voltage Equipment Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific High Voltage Equipment Sales in Value by Region (2018-2023)
7.2 Asia-Pacific High Voltage Equipment Forecasted Market Size by Region
7.2.1 Asia-Pacific High Voltage Equipment Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific High Voltage Equipment Sales in Value by Region (2024-2029)
8 Latin America High Voltage Equipment by Country
8.1 Latin America High Voltage Equipment Historic Market Size by Country
8.1.1 Latin America High Voltage Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America High Voltage Equipment Sales in Volume by Country (2018-2023)
8.1.3 Latin America High Voltage Equipment Sales in Value by Country (2018-2023)
8.2 Latin America High Voltage Equipment Forecasted Market Size by Country
8.2.1 Latin America High Voltage Equipment Sales in Volume by Country (2024-2029)
8.2.2 Latin America High Voltage Equipment Sales in Value by Country (2024-2029)
9 Middle East and Africa High Voltage Equipment by Country
9.1 Middle East and Africa High Voltage Equipment Historic Market Size by Country
9.1.1 Middle East and Africa High Voltage Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa High Voltage Equipment Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa High Voltage Equipment Sales in Value by Country (2018-2023)
9.2 Middle East and Africa High Voltage Equipment Forecasted Market Size by Country
9.2.1 Middle East and Africa High Voltage Equipment Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa High Voltage Equipment Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 General Electric
10.1.1 General Electric Company Information
10.1.2 General Electric Introduction and Business Overview
10.1.3 General Electric High Voltage Equipment Sales, Revenue and Gross Margin (2018-2023)
10.1.4 General Electric High Voltage Equipment Products Offered
10.1.5 General Electric Recent Development
10.2 Siemens
10.2.1 Siemens Company Information
10.2.2 Siemens Introduction and Business Overview
10.2.3 Siemens High Voltage Equipment Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Siemens High Voltage Equipment Products Offered
10.2.5 Siemens Recent Development
10.3 ABB
10.3.1 ABB Company Information
10.3.2 ABB Introduction and Business Overview
10.3.3 ABB High Voltage Equipment Sales, Revenue and Gross Margin (2018-2023)
10.3.4 ABB High Voltage Equipment Products Offered
10.3.5 ABB Recent Development
10.4 Larsen & Toubro
10.4.1 Larsen & Toubro Company Information
10.4.2 Larsen & Toubro Introduction and Business Overview
10.4.3 Larsen & Toubro High Voltage Equipment Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Larsen & Toubro High Voltage Equipment Products Offered
10.4.5 Larsen & Toubro Recent Development
10.5 Mitsubishi Electric
10.5.1 Mitsubishi Electric Company Information
10.5.2 Mitsubishi Electric Introduction and Business Overview
10.5.3 Mitsubishi Electric High Voltage Equipment Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Mitsubishi Electric High Voltage Equipment Products Offered
10.5.5 Mitsubishi Electric Recent Development
10.6 Hitachi
10.6.1 Hitachi Company Information
10.6.2 Hitachi Introduction and Business Overview
10.6.3 Hitachi High Voltage Equipment Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hitachi High Voltage Equipment Products Offered
10.6.5 Hitachi Recent Development
10.7 Fuji Electric
10.7.1 Fuji Electric Company Information
10.7.2 Fuji Electric Introduction and Business Overview
10.7.3 Fuji Electric High Voltage Equipment Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Fuji Electric High Voltage Equipment Products Offered
10.7.5 Fuji Electric Recent Development
10.8 Crompton Greaves
10.8.1 Crompton Greaves Company Information
10.8.2 Crompton Greaves Introduction and Business Overview
10.8.3 Crompton Greaves High Voltage Equipment Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Crompton Greaves High Voltage Equipment Products Offered
10.8.5 Crompton Greaves Recent Development
10.9 Toshiba
10.9.1 Toshiba Company Information
10.9.2 Toshiba Introduction and Business Overview
10.9.3 Toshiba High Voltage Equipment Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Toshiba High Voltage Equipment Products Offered
10.9.5 Toshiba Recent Development
10.10 Tebian Electric Apparatus
10.10.1 Tebian Electric Apparatus Company Information
10.10.2 Tebian Electric Apparatus Introduction and Business Overview
10.10.3 Tebian Electric Apparatus High Voltage Equipment Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Tebian Electric Apparatus High Voltage Equipment Products Offered
10.10.5 Tebian Electric Apparatus Recent Development
10.11 Bharat
10.11.1 Bharat Company Information
10.11.2 Bharat Introduction and Business Overview
10.11.3 Bharat High Voltage Equipment Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Bharat High Voltage Equipment Products Offered
10.11.5 Bharat Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 High Voltage Equipment Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 High Voltage Equipment Industrial Chain Analysis
11.4 High Voltage Equipment Market Dynamics
11.4.1 High Voltage Equipment Industry Trends
11.4.2 High Voltage Equipment Market Drivers
11.4.3 High Voltage Equipment Market Challenges
11.4.4 High Voltage Equipment Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 High Voltage Equipment Distributors
12.3 High Voltage Equipment Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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