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.
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
The High Voltage Equipment market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for High Voltage Equipment.
This report presents the worldwide High Voltage Equipment market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Larsen & Toubro
Tebian Electric Apparatus
High Voltage Equipment Breakdown Data by Type
Reactive Power Equipment
High Voltage Equipment Breakdown Data by Application
High Voltage Equipment Production by Region
High Voltage Equipment Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global High Voltage Equipment status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key High Voltage Equipment manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of High Voltage Equipment :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of High Voltage Equipment market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.