High Voltage Equipment Market

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.

High Voltage Equipment Market contains market size and forecasts of High Voltage Equipment in global, including the following market information:

Global High Voltage Equipment Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global High Voltage Equipment Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five High Voltage Equipment companies in 2021 (%)

The global High Voltage Equipment market was valued at 88630 million in 2021 and is projected to reach US$ 116030 million by 2028, at a CAGR of 3.9% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Switchgear Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of High Voltage Equipment include General Electric, Siemens, ABB, Larsen & Toubro, Mitsubishi Electric, Hitachi, Fuji Electric, Crompton Greaves and Toshiba, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the High Voltage Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global High Voltage Equipment Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global High Voltage Equipment Market Segment Percentages, by Type, 2021 (%)

Switchgear

Transformer

Reactive Power Equipment

Relay Panel

SCADA

Others

Global High Voltage Equipment Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global High Voltage Equipment Market Segment Percentages, by Application, 2021 (%)

Power Transmission

Power Distribution

Global High Voltage Equipment Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global High Voltage Equipment Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies High Voltage Equipment revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies High Voltage Equipment revenues share in global market, 2021 (%)

Key companies High Voltage Equipment sales in global market, 2017-2022 (Estimated), (K Units)

Key companies High Voltage Equipment sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

General Electric

Siemens

ABB

Larsen & Toubro

Mitsubishi Electric

Hitachi

Fuji Electric

Crompton Greaves

Toshiba

Tebian Electric Apparatus

Bharat