Global Arc Extinguishing Substation Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Arc Extinguishing Substation Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Arc extinguishing substations are key facilities used in power systems to quickly cut off the current and extinguish arcs in the event of system failure or short circuit to prevent equipment damage, fire or personnel injury. They usually include equipment such as arc extinguishing switches, circuit breakers, capacitors and reactors, as well as corresponding control systems and safety protection devices. In the event of a fault, the arc-extinguishing substation can quickly disconnect the circuit and cut off the arc to ensure the safe operation of the power grid. These sites are often located at important nodes in the electric power transmission and distribution system, such as power plants, substations and large industrial power sites.

According to our (Global Info Research) latest study, the global Arc Extinguishing Substation market size was valued at US$ 2975 million in 2023 and is forecast to a readjusted size of USD 4150 million by 2030 with a CAGR of 4.9% during review period.

As global energy demand continues to grow, the development of the power industry is increasingly important. Especially in emerging economies and in the process of industrialization, electricity demand shows a rapid growth trend. This provides broad space for the development of the arc-extinguishing substation market. In addition, the development of smart grids and renewable energy has also brought new opportunities to the arc-extinguishing substation market. The construction of smart grid requires a large amount of power equipment and technical support, and as an important part of it, the market demand for arc extinguishing substations will also grow. At the same time, the rapid development of renewable energy has also promoted the growth of the arc extinguishing substation market. The instability of renewable energy puts higher requirements on the stability of the power system, and the application of arc-extinguishing substations can effectively improve the anti-interference ability and stability of the power system. Overall, the arc-extinguishing substation market shows a positive development trend. The market is expected to continue its growth momentum, driven by rising power demand and technological advancements.

This report is a detailed and comprehensive analysis for global Arc Extinguishing Substation market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Arc Extinguishing Substation market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Arc Extinguishing Substation market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Arc Extinguishing Substation market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K US$/Unit), 2019-2030

Global Arc Extinguishing Substation market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K US$/Unit), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Arc Extinguishing Substation

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Arc Extinguishing Substation market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Siemens, ABB, GE Grid Solutions, Hitachi, Mitsubishi Electric, Emerson, Inventec, Larsen & Toubro, TBEA, Ormazabal, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Arc Extinguishing Substation market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Gas Insulated
Dry Insulated
Hybrid

Market segment by Application
Electric Power Transmission and Distribution Network
Industrial Field
Urban Construction
Other

Major players covered
Siemens
ABB
GE Grid Solutions
Hitachi
Mitsubishi Electric
Emerson
Inventec
Larsen & Toubro
TBEA
Ormazabal
CG Power and Industrial Solutions
Hyosung Corporation
Toshiba Energy Systems & Solutions Corporation
Hyundai Electric & Energy Systems
Fuji Electric
Hyundai Heavy Industries Group
Schneider Electric
Sifang Automation
Powell Industries
Meidensha Corporation
Orecco Electric
KONČAR - Electrical Engineering Institute
AEG Power Solutions
S&C Electric Company
Heagroup

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Arc Extinguishing Substation product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Arc Extinguishing Substation, with price, sales quantity, revenue, and global market share of Arc Extinguishing Substation from 2019 to 2024.

Chapter 3, the Arc Extinguishing Substation competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Arc Extinguishing Substation breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Arc Extinguishing Substation market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Arc Extinguishing Substation.

Chapter 14 and 15, to describe Arc Extinguishing Substation sales channel, distributors, customers, research findings and conclusion.