Global Substation Equipment Market Growth 2023-2029
LPI (LP Information)' newest research report, the “Substation Equipment Industry Forecast” looks at past sales and reviews total world Substation Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Substation Equipment sales for 2023 through 2029. With Substation Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Substation Equipment industry.
This Insight Report provides a comprehensive analysis of the global Substation Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Substation Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Substation Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Substation Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Substation Equipment.
The global Substation Equipment market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Substation Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Substation Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Substation Equipment is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Substation Equipment players cover Toshiba, S&C Electric Company, Basler Electric Company, Eaton, TE Connectivity, Hubbell Power Systems, Schneider Electric, Thorne & Derrick and GE Grid Solutions, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Substation Equipment market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Transformer
Connector
Others
Segmentation by application
Utilities
Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Toshiba
S&C Electric Company
Basler Electric Company
Eaton
TE Connectivity
Hubbell Power Systems
Schneider Electric
Thorne & Derrick
GE Grid Solutions
Hitachi
ABB
HINO SYSTECH CORPORATION
Ensto
Siemens
TAKAOKA TOKO
Shawcor
Key Questions Addressed in this Report
What is the 10-year outlook for the global Substation Equipment market?
What factors are driving Substation Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Substation Equipment market opportunities vary by end market size?
How does Substation Equipment break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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