High Voltage Equipment Market by Voltage (UHV,EHV,HVDC,HV), Equipment (Power Transformers, Switchgear, Switches, Control, Reactive Power, Instrument, Transformer, Relay Panel, Earthing Equipment ,Battery Set) & by Region - Trends to 2020

  • ID: 3379343
  • Report
  • Region: Global
  • 151 Pages
  • Markets and Markets
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High Voltage Equipment Market Expected to Grow at a CAGR of 5.44% from 2015 to 2020

FEATURED COMPANIES

  • ABB Ltd.
  • Alstom SA
  • Crompton Greaves Ltd.
  • Fuji Electric
  • General Electric Company
  • Hitachi Ltd.
  • MORE
This report estimates the high voltage equipment market size in terms of value in $billion. The market for High Voltage Equipment in the report has been segmented into by regions and further split into key countries. High voltage equipment market has also been segmented on the basis of voltage level for which they are designed for different voltage level such as Ultra High Voltage (UHV), Extra High Voltage (EHV), High Voltage Direct Current (HVDC), and High Voltage (HV).

High voltage equipment is integral part of the electric power system. Equipment forms a crucial part in the sector across various segments including power generation, transmission, and distribution. The power T&D industry witnesses high number of T&D expansion activities every year which is undertaken to meet the growing global electricity demand. Furthermore, the Growingincrease in the T&D investments and the installed T&D line additions over across various regions, such as Asia-Pacific and North America, has also boosted the demand for the high voltage equipment.

The size of the overall high voltage equipment market is determined by forecasting techniques based on region-wise T&D capital investment, also confirming an equipment cost for different geographical regions which are validated through primary sources. The market is growing at a CAGR of approximately 5.4% from 2015 to 2020.

This report also includes the profiles for leading high voltage equipment providers and T&D utilities, such as:
ABB Ltd. (Switzerland), Alstom (France), Hubbell Incorporated (U.S.), Toshiba Corporation (Japan), and Bharat Heavy Electricals Limited (India).

Scope of the report: This study estimates the global market of high voltage equipment, in terms of service, till 2020. It also offers a detailed qualitative and quantitative analysis of this market. This report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues of the market. The report also covers various important aspects of the market. These include analysis of value chain, Porter’s Five Forces model, competitive landscape, market dynamics, market estimates in terms of value, and future trends in the high voltage equipment market.

Various secondary sources have been used such as encyclopedias, directories, and databases to identify and collect information that was useful for this extensive commercial study of the global high voltage equipment market. The primary sources - experts, manufacturers, and utility providers from the industry have all been interviewed to obtain and verify critical information as well as assess future prospects of the global high voltage equipment market.

On the basis of voltage level:

- UHV-Ultra high voltage (800 kV and Above)
- EHV (200 kV and above)
- HVDC (500 kV DC)
- HV (66 kV to 200 kV)

On the basis of equipment by level IEquipment Type:

- Switchgear & Protection devices
- Switches & Control Equipment
- Transformer & Compensators
- Insulators
- Communication Devices

The market is further studied deep down On the basis of by equipment by level II:

- Cables & transmission lines
- Switchgear
- Power Transformer
- Instrument Transformer
- Reactive power equipment
- Insulator
- Control Equipment
- Relay panel
- PLCC
- Carrier cabinet
- Miscellaneous

On the basis of Region:

- North America
- South America
- Asia-Pacific
- Middle East
- Europe
- Africa
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Ltd.
  • Alstom SA
  • Crompton Greaves Ltd.
  • Fuji Electric
  • General Electric Company
  • Hitachi Ltd.
  • MORE
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.3 Breakdown Of Primaries
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Analysis
2.2.2.1 Increasing Electric Power Consumption
2.2.2.2 Power Transmission Infrastructure Development
2.3 Description Of High Voltage Equipment Market
2.3.1 Electricity Generation
2.4 Market Size Estimation
2.5 Market Breakdown & Data Triangulation
2.6 Research Assumptions & Limitations
2.6.1 Assumptions
2.6.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities In The High Voltage Equipment Market
4.2 High Voltage Equipment Market - Regional Scenario
4.3 High Voltage Equipment Market In Asia-Pacific
4.4 Europe Was The Second Largest High Voltage Equipment Market In 2014
4.5 High Voltage Equipment Market: Developed Vs. Developing Nations
4.6 Asia-Pacific High Voltage Equipment Market, By Voltage Level
4.7 Life Cycle Analysis, By Region

5 Market Overview
5.1 Introduction
5.2 High Voltage Market Segmentation
5.2.1 By Equipment
5.2.2 By Voltage
5.2.3 By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Power Sector Reforms Including T&D Expansions & Renovation
5.3.1.2 Smart Grid Rollouts
5.3.1.3 Growing Industrialization & Urbanization
5.3.1.4 Increased Investment In Renewable Energy Sources
5.3.2 Restraints
5.3.2.1 Competition From Local Players Offering Low-Quality & Cheap Products
5.3.2.2 Standardization Of High Voltage Equipment Products
5.3.3 Opportunities
5.3.3.1 Proposed Hvdc Transmission Methods For Long Distance Transmission
5.3.3.2 Grid Upgrades & Automations
5.3.4 Challenges
5.3.4.1 Cyber Security
5.3.4.2 Price Volatility Of Raw Materials

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Supply Chain Analysis
6.4 Porter’S Five Forces Analysis
6.4.1 Threat Of Substitutes
6.4.1.1 Availability Of Substitutes
6.4.1.2 Technological Upgrades & Innovation In The Market
6.4.2 Threat Of New Entrants
6.4.2.1 High Capital Investment
6.4.2.2 Dominance Of Key Market Players
6.4.3 Bargaining Power Of Buyers
6.4.3.1 Large Number Of Suppliers
6.4.3.2 Price Competitiveness Between Suppliers
6.4.4 Bargaining Power Of Suppliers
6.4.4.1 Low Product Variation
6.4.4.2 Increase In Equipment Demand In Transmission & Generation Sectors
6.4.5 Degree Of Competition

7 High Voltage Equipment Market, By Voltage Level
7.1 Introduction
7.2 UHV-800Kv & Above
7.3 HVDC-500Kv Voltage
7.4 EHV-200 To 800Kv Voltage
7.5 HV-Up To 200Kv Voltage

8 High Voltage Equipment Market, By Type
8.1 Introduction
8.2 Switchgear
8.3 Switches
8.4 Power Transformer
8.5 Instrument Transformer
8.6 Reactive Power Equipment
8.7 Insulator
8.8 Control Equipment
8.9 Relay Panel
8.10 Carrier Cabinet
8.11 Communication Equipment
8.12 Scada
8.13 Earthing Material
8.14 Battery Set
8.15 Other Equipment

9 High Voltage Equipment Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 U.K.
9.3.2 Germany
9.3.3 France
9.3.4 Russia
9.3.5 Rest Of Europe
9.4 Asia-Pacific
9.4.1 China
9.4.2 India
9.4.3 Australia
9.4.4 Japan
9.4.5 Rest Of Asia-Pacific
9.5 South America
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Rest Of South America
9.6 Middle East
9.6.1 Saudi Arabia
9.6.2 Uae
9.6.3 Kuwait
9.6.4 Qatar
9.6.5 Rest Of Middle East
9.7 Africa
9.7.1 South Africa
9.7.2 Nigeria
9.7.3 Rest Of Africa

10 Competitive Landscape
10.1 Overview
10.2 Contracts & Agreements
10.3 Expansions
10.4 New Product Development
10.5 Joint Ventures
10.6 Mergers & Acquisitions

11 Company Profiles
11.1 Introduction
(Overview, Financials, Products & Services, Strategy, And Developments)*
11.2 General Electric Company
11.3 Siemens AG
11.4 ABB Ltd.
11.5 Mitsubishi Electric Corporation
11.6 Hitachi Ltd.
11.7 Crompton Greaves Ltd.
11.8 Alstom SA
11.9 Larsen & Toubro Limited
11.10 Fuji Electric
11.11 Toshiba
11.12 NR Electric Co., Ltd.
11.13 Tebian Electric Apparatus
11.14 Bharat Heavy Electricals Limited
*Details On Overview, Financials, Product & Services, Strategy, And Developments Might Not Be Captured In Case Of Unlisted Companies.

12 Appendix
12.1 Insights Of Industry Experts
12.2 Discussion Guide
12.3 Introducing RT: Real-Time Market Intelligence
12.4 Other Developments
12.5 Related Reports
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Ltd.
  • Alstom SA
  • Crompton Greaves Ltd.
  • Fuji Electric
  • General Electric Company
  • Hitachi Ltd.
  • MORE
High voltage equipment typically include power transformer, switchgears, control equipment, communicating devices, insulators, and so on. Power transformers and instrument transformers are the devices used in transmission network of higher voltages for step-up and step-down application (400 kV, 200 kV, 110 kV, 66 kV, 33kV). Report also includes the segmentation based on equipment used for different voltage level such as Ultra High Voltage (UHV), Extra High Voltage (EHV), High Voltage Direct Current (HVDC), and High Voltage (HV).

Global electricity demand has been growing, and in particular for Asia-Pacific, it is likely to grow at a faster rate. To meet this growing demand, there is being new and augmented capacity added which is needed to be evacuated by new and upgraded power transmission and distribution networks. Continuous infrastructure investments for power transmission and distribution equipment can be seen both in developed and developing regions. Compared to other assets, transmission investments are extremely risky and require long lead times for the planning process and stakeholder involvement. The demand for electricity worldwide is projected to grow at an annual rate of 2.4% for the period 2009 to 2035, rise in industrialization and urbanization are reasons boosting up the power demand. Also, to reduce transmission losses, efficient power delivery system with the reliable equipment is the key necessity. Rise in smart grid projects is also enhancing the need for up gradation of the existing network.

European countries have already initiated investment towards the smart grid technology market. This continuous rise in T&D expenditure is resulting in an increase in the high voltage equipment market. The market is expected to grow with a CAGR 5.44% from 2015 to 2020.

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 upcoming power generation sources will also increase the growth of new T&D lines which in turn will increase the requirements for the power sector equipment.

Currently, power transformers market holds the largest share in the high voltage equipment market. It is also predominantly large in Asia-Pacific then followed by markets in Europe and North America and others. Other important equipment for high voltage equipment market are switches, switchgear and protection equipment.

Exteneded Description

This report estimates the high voltage equipment market size in terms of value in $billion. The market for High Voltage Equipment in the report has been segmented into by regions and further split into key countries. High voltage equipment market has also been segmented on the basis of voltage level for which they are designed for different voltage level such as Ultra High Voltage (UHV), Extra High Voltage (EHV), High Voltage Direct Current (HVDC), and High Voltage (HV).

High voltage equipment is integral part of the electric power system. Equipment forms a crucial part in the sector across various segments including power generation, transmission, and distribution. The power T&D industry witnesses high number of T&D expansion activities every year which is undertaken to meet the growing global electricity demand. Furthermore, the Growingincrease in the T&D investments and the installed T&D line additions over across various regions, such as Asia-Pacific and North America, has also boosted the demand for the high voltage equipment.

The size of the overall high voltage equipment market is determined by forecasting techniques based on region-wise T&D capital investment, also confirming an equipment cost for different geographical regions which are validated through primary sources. The market is growing at a CAGR of approximately 5.4% from 2015 to 2020.

This report also includes the profiles for leading high voltage equipment providers and T&D utilities, such as:
ABB Ltd. (Switzerland), Alstom (France), Hubbell Incorporated (U.S.), Toshiba Corporation (Japan), and Bharat Heavy Electricals Limited (India).

Scope of the report: This study estimates the global market of high voltage equipment, in terms of service, till 2020. It also offers a detailed qualitative and quantitative analysis of this market. This report provides a comprehensive review of major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues of the market. The report also covers various important aspects of the market. These include analysis of value chain, Porter’s Five Forces model, competitive landscape, market dynamics, market estimates in terms of value, and future trends in the high voltage equipment market.

Various secondary sources have been used such as encyclopedias, directories, and databases to identify and collect information that was useful for this extensive commercial study of the global high voltage equipment market. The primary sources - experts, manufacturers, and utility providers from the industry have all been interviewed to obtain and verify critical information as well as assess future prospects of the global high voltage equipment market.

On the basis of voltage level:

- UHV-Ultra high voltage (800 kV and Above)
- EHV (200 kV and above)
- HVDC (500 kV DC)
- HV (66 kV to 200 kV)

On the basis of equipment by level IEquipment Type:

- Switchgear & Protection devices
- Switches & Control Equipment
- Transformer & Compensators
- Insulators
- Communication Devices

The market is further studied deep down On the basis of by equipment by level II:

- Cables & transmission lines
- Switchgear
- Power Transformer
- Instrument Transformer
- Reactive power equipment
- Insulator
- Control Equipment
- Relay panel
- PLCC
- Carrier cabinet
- Miscellaneous

On the basis of Region:

- North America
- South America
- Asia-Pacific
- Middle East
- Europe
- Africa
Note: Product cover images may vary from those shown
5 of 5
- ABB Ltd.
- Alstom SA
- Bharat Heavy Electricals Limited
- Crompton Greaves Ltd.
- Fuji Electric
- General Electric Company
- Hitachi Ltd.
- Larsen & Toubro Limited
- Mitsubishi Electric Corporation
- NR Electric Co., Ltd.
- Siemens AG
- Tebian Electric Apparatus
- Toshiba
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
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