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The Global High Voltage Equipment Market is expected to reach $204.55 billion by 2028 growing at a CAGR of 7.6% from 2021 to 2028. Equipment that carries a high voltage electricity supply is known as high voltage equipment. This equipment is preferred for use in electronic devices that need a high voltage supply of electricity. High-voltage equipment is an essential component of the electric power system. Factors such as the increasing need for electricity from the industrial sector and the up-gradation of transmission network infrastructure are driving the growth of the market. However, the high cost of the equipment is restraining the growth of the market. Based on equipment, the power transformer segment is going to have a lucrative growth during the forecast period owing to the increasing demand for electricity from emerging economies such as China and India and rising power generation and distribution boosting demand for high voltage power transformers. The key vendors mentioned are Toshiba, Alstom SA, Siemens AG, NR Electric Co., Ltd., Mitsubishi Electric Corporation, Larsen & Toubro Limited, Hitachi Ltd., General Electric Company, Fuji Electric, Crompton Greaves Ltd., Bharat Heavy Electricals Limited, ABB Ltd. and Tebian Electric Apparatus. Voltage Levels Covered: • UHV-Ultra High Voltage (800 kV and Above) • HVDC - High Voltage Direct Current (500 kV DC) • EHV - Extra High Voltage (200 kV and above) • HV - High Voltage (66 kV to 200 kV) Equipments Covered: • Switchgear • Circuit Breaker • Surge Arrester • Supervisory Control and Data Acquisition (SCADA) • Relay Panel • Power Transformer • Communication Equipment • Instrument Transformer • Earthing Material • Disconnector • Control Equipment • Reactive Power Equipment • Insulator • Carrier Cabinet • Switches • Battery Set • Capacitor and Filter Applications Covered: • Power Distribution • Power Transmission Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2020 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analyzed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global High Voltage Equipment Market, By Voltage Level
5.1 Introduction
5.2 UHV-Ultra High Voltage (800 kV and Above)
5.3 HVDC – High Voltage Direct Current (500 kV DC)
5.4 EHV – Extra High Voltage (200 kV and above)
5.5 HV – High Voltage (66 kV to 200 kV)
6 Global High Voltage Equipment Market, By Equipment
6.1 Introduction
6.2 Switchgear
6.3 Circuit Breaker
6.4 Surge Arrester
6.5 Supervisory Control and Data Acquisition (SCADA)
6.6 Relay Panel
6.7 Power Transformer
6.8 Communication Equipment
6.9 Instrument Transformer
6.10 Earthing Material
6.11 Disconnector
6.12 Control Equipment
6.13 Reactive Power Equipment
6.14 Insulator
6.15 Carrier Cabinet
6.16 Switches
6.17 Battery Set
6.18 Capacitor and Filter
7 Global High Voltage Equipment Market, By Application
7.1 Introduction
7.2 Power Distribution
7.3 Power Transmission
8 Global High Voltage Equipment Market, By Geography
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 South America
8.6 Middle East & Africa
9 Strategic Benchmarking
10 Vendors Landscape
10.1 Toshiba
10.2 Alstom SA
10.3 Siemens AG
10.4 NR Electric Co., Ltd.
10.5 Mitsubishi Electric Corporation
10.6 Larsen & Toubro Limited
10.7 Hitachi Ltd.
10.8 General Electric Company
10.9 Fuji Electric
10.10 Crompton Greaves Ltd.
10.11 Bharat Heavy Electricals Limited
10.12 ABB Ltd.
10.13 Tebian Electric Apparatus
List of Data Tables
1 Global High Voltage Equipment Market Outlook, By Region (2020-2028) ($MN)
2 Global High Voltage Equipment Market Outlook, By Voltage Level (2020-2028) ($MN)
3 Global High Voltage Equipment Market Outlook, By UHV-Ultra High Voltage (800 kV and Above) (2020-2028) ($MN)
4 Global High Voltage Equipment Market Outlook, By HVDC – High Voltage Direct Current (500 kV DC) (2020-2028) ($MN)
5 Global High Voltage Equipment Market Outlook, By EHV – Extra High Voltage (200 kV and above) (2020-2028) ($MN)
6 Global High Voltage Equipment Market Outlook, By HV – High Voltage (66 kV to 200 kV) (2020-2028) ($MN)
7 Global High Voltage Equipment Market Outlook, By Equipment (2020-2028) ($MN)
8 Global High Voltage Equipment Market Outlook, By Switchgear (2020-2028) ($MN)
9 Global High Voltage Equipment Market Outlook, By Circuit Breaker (2020-2028) ($MN)
10 Global High Voltage Equipment Market Outlook, By Surge Arrester (2020-2028) ($MN)
11 Global High Voltage Equipment Market Outlook, By Supervisory Control and Data Acquisition (SCADA) (2020-2028) ($MN)
12 Global High Voltage Equipment Market Outlook, By Relay Panel (2020-2028) ($MN)
13 Global High Voltage Equipment Market Outlook, By Power Transformer (2020-2028) ($MN)
14 Global High Voltage Equipment Market Outlook, By Communication Equipment (2020-2028) ($MN)
15 Global High Voltage Equipment Market Outlook, By Instrument Transformer (2020-2028) ($MN)
16 Global High Voltage Equipment Market Outlook, By Earthing Material (2020-2028) ($MN)
17 Global High Voltage Equipment Market Outlook, By Disconnector (2020-2028) ($MN)
18 Global High Voltage Equipment Market Outlook, By Control Equipment (2020-2028) ($MN)
19 Global High Voltage Equipment Market Outlook, By Reactive Power Equipment (2020-2028) ($MN)
20 Global High Voltage Equipment Market Outlook, By Insulator (2020-2028) ($MN)
21 Global High Voltage Equipment Market Outlook, By Carrier Cabinet (2020-2028) ($MN)
22 Global High Voltage Equipment Market Outlook, By Switches (2020-2028) ($MN)
23 Global High Voltage Equipment Market Outlook, By Battery Set (2020-2028) ($MN)
24 Global High Voltage Equipment Market Outlook, By Capacitor and Filter (2020-2028) ($MN)
25 Global High Voltage Equipment Market Outlook, By Application (2020-2028) ($MN)
26 Global High Voltage Equipment Market Outlook, By Power Distribution (2020-2028) ($MN)
27 Global High Voltage Equipment Market Outlook, By Power Transmission (2020-2028) ($MN)
28 North America High Voltage Equipment Market Outlook, By Voltage Level (2020-2028) ($MN)
29 North America High Voltage Equipment Market Outlook, By Equipment (2020-2028) ($MN)
30 North America High Voltage Equipment Market Outlook, By Application (2020-2028) ($MN)
31 Europe High Voltage Equipment Market Outlook, By Voltage Level (2020-2028) ($MN)
32 Europe High Voltage Equipment Market Outlook, By Equipment (2020-2028) ($MN)
33 Europe High Voltage Equipment Market Outlook, By Application (2020-2028) ($MN)
34 Asia Pacific High Voltage Equipment Market Outlook, By Voltage Level (2020-2028) ($MN)
35 Asia Pacific High Voltage Equipment Market Outlook, By Equipment (2020-2028) ($MN)
36 Asia Pacific High Voltage Equipment Market Outlook, By Application (2020-2028) ($MN)
37 South America High Voltage Equipment Market Outlook, By Voltage Level (2020-2028) ($MN)
38 South America High Voltage Equipment Market Outlook, By Equipment (2020-2028) ($MN)
39 South America High Voltage Equipment Market Outlook, By Application (2020-2028) ($MN)
40 Middle East & Africa High Voltage Equipment Market Outlook, By Voltage Level (2020-2028) ($MN)
41 Middle East & Africa High Voltage Equipment Market Outlook, By Equipment (2020-2028) ($MN)
42 Middle East & Africa High Voltage Equipment Market Outlook, By Application (2020-2028) ($MN)