High Voltage Equipment Market, By Equipment Type (Circuit Breaker, Disconnector, Insulator, Switchgear, Surge Arrester, Battery Set, Capacitors and Filters, Control Equipment, Switches, and Others.), By Voltage Level (HV-Up to 200kV Voltage, EHV-200 to 800kV Voltage, HVDC-500kV Voltage, UHV-800kV & Above.), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Equipment that are capable of carrying high voltage current are known as high voltage equipment. Increasing demand for high voltage equipment in power transmission and distribution is driving growth of the high voltage equipment market. Moreover, high demand for electricity from emerging economies such as China and India, which leads to increasing power generation and distribution is also expected to boost the market growth. Asia Pacific is expected to be the fastest growing market in high voltage equipment market. Increasing demand for switchgears and transformers is the key factor propelling growth of the high voltage equipment market.
Market Dynamics:
High voltage equipment include power transformers, switchgears, control equipment, communicating devices, and insulators. All the mentioned equipment are preferably used in electronics devices and require high voltage electricity supply. Increasing demand for electricity in highly populated countries such as India and China has generated need for augmenting the power generation capacity, which is required to be transmitted by new and upgraded power transmission and distribution networks. Continuous infrastructure investments in power transmission and distribution equipment in developed and emerging regions is expected to augment demand for high voltage equipment. Furthermore, increasing demand for uninterrupted electricity supply in industrial sectors is expected to lead to high demand for high voltage equipment
Key features of the study:
This report provides an in-depth analysis of the global High Voltage Equipment market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the cargo bike market based on the following parameters– regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
High Voltage Equipment market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the High Voltage Equipment market
Detailed Segmentation:
Global High Voltage Equipment Market, By Equipment Type
Circuit Breaker
Disconnector
Insulator
Switchgear
Surge Arrester
Battery Set
Capacitors and Filters
Control Equipment
Switches
Others
Global High Voltage Equipment Market, By Voltage Level
HV-Up to 200kV Voltage
EHV-200 to 800kV Voltage
HVDC-500kV Voltage
UHV-800kV & Above
Global High Voltage Equipment Market, By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
ABB Ltd*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Siemens AG
Larsen & Toubro Limited
General Electric Company
Honeywell International, Inc.
Rockwell Automation, Inc.
Emerson Electric Co.
Mitsubishi Electric Corporation
Toshiba corporation
Hitachi Ltd.
Schneider Electric SE
Alstom SA
Fuji Electric
*Browse all the market data tables and figures on “Global High Voltage Equipment Market- Forecast to 2030”