According to Stratistics MRC, the Global High Voltage Equipment Market is accounted for $ 92.24 billion in 2017 and expected to grow at a CAGR of 7.2% to reach $172.96 billion by 2026. Increased investments in renewable energy sources and growing industrialization & urbanization are some of the factors driving the market growth. However, the competitive atmosphere due to local players, by manufacturing cheap & low quality products is one of the factors restraining the market. The grid upgrades & automations will provide ample opportunities in the market.

The amount of energy which has high voltage and can make harm if not maintained safely is generally known as high voltage. Whereas, the high voltage equipments are some special machine or instrument that are used to maintain the power related processes such as storing, supplying and disconnecting the power services when required.

Based on equipment type, the insulator is an electric tool, or a material, in which the internal electric charges will not flow liberally, there is very little current passing through it under the influence of an electric field. The insulators tend to have higher resistivity than conductors or semiconductors.

By geography, Asia Pacific accounted for largest market share in global high voltage equipment market. The rising investments for R&D network in countries such as Japan, China and India act as key factor for the market growth. China is emerged as the single fastest growing market with more than 15% of share in global market and Japan, Australia, India are also the promising markets for high voltage equipment in this region.

Some of the key players in the Global High Voltage Equipment market include Larsen & Toubro Limited, Crompton Greaves Ltd., Bharat Heavy Electricals Limited, General Electric Company, Mitsubishi Electric Corporation, Honeywell International, Inc., Rockwell Automation, Inc., Emerson Electric Co., Siemens AG, Hitachi Ltd., Toshiba, ABB Ltd., Schneider Electric SE, Yokogawa Electric Corporation, Iconics Inc, Elynx Technologies, LLC, Alstom SA, Fuji Electric, NR Electric Co., Ltd. and Tebian Electric Apparatus.

Equipment Types Covered:

  • Battery Set
  • Carrier Cabinet
  • Communication Equipment
  • Control Equipment
  • Earthling Material
  • Instrument Transformer
  • Insulator
  • Power Transformer
  • Reactive Power Equipment
  • Relay Panel
  • Scada
  • Switches
  • Switchgear
  • Other Equipment Types

Voltage Levels Covered:

  • UHV-800kv & Above
  • HV-Up to 200kv Voltage
  • HVDC-500kv Voltage
  • EHV-200 to 800kv Voltage

Regions Covered:

  • North America
  • ·US
  • ·Canada
  • ·Mexico
  • Europe
  • ·Germany
  • ·UK
  • ·Italy
  • ·France
  • ·Spain
  • ·Rest of Europe
  • Asia Pacific
  • ·Japan
  • ·China
  • ·India
  • ·Australia
  • ·New Zealand
  • ·South Korea
  • ·Rest of Asia Pacific
  • South America
  • ·Argentina
  • ·Brazil
  • ·Chile
  • ·Rest of South America
  • Middle East & Africa
  • ·Saudi Arabia
  • ·UAE
  • ·Qatar
  • ·South Africa
  • ·Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country level segments
  • Market share analysis of the top industry players
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements