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Switchgears for Power Transmission, Update 2018 - Global Market Size, Competitive Landscape and Key Country Analysis to 2022

  • ID: 4787699
  • Report
  • December 2018
  • Region: Global
  • 197 pages
  • GlobalData
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FEATURED COMPANIES

  • ABB Ltd
  • Fuji Electric
  • General Electric Co
  • Henan Pinggao
  • HICO America
  • Hitachi
  • MORE
Switchgears for Power Transmission, Update 2018 - Global Market Size, Competitive Landscape and Key Country Analysis to 2022

Summary

The global switchgears market is estimated to reach $17.9bn in 2022, growing at a compound annual growth rate (CAGR) of 4.98% between 2018 and 2022, largely underpinned by Asia-Pacific. Initiatives undertaken by countries globally to improve access to electricity and support the growing demand for power, and technology changes within the power sector are driving the switchgears market.

Asia-Pacific accounted for 59% of the global market value in 2017, due to rapid development and establishment of industries driving the demand for electricity. China and India, which accounted for 80% of the Asia-Pacific market in 2017, have development plans focused on deploying sizeable power generation assets, expanding and strengthening grid networks, reducing technical losses, and enhancing grid performance. The large scale rural electrification plan and strong industry base will drive the demand for power, requiring the construction of transmission assets which support the switchgears market.

In the forecast period, Vietnam and Indonesia are expected to play a greater role in propelling the market, with investments made towards improving electricity access in remote regions within their countries. The abundant market opportunities for the power sector development in Asia-Pacific are expected to contribute $10.5bn to the market in 2022.

In 2017, EMEA was the second largest market for switchgears with a value of $3.97bn and is forecast the strongest growth of 5.78% between 2018 and 2022. In Europe, well-established power markets are primarily focused on replacing aging infrastructure and amalgamating to form a grid union. The Middle East and Africa are experiencing strong economic growth, driving capital investments towards developing new infrastructure. The challenges associated with power sector emissions are prompting a shift away from fossil fuels to renewables.

Proposed increase in usage of renewables and the economic diversification program will prompt grid transformation initiatives to support the transition within the Gulf. Saudi Arabia, one of the prominent oil producing countries in the Gulf, has issued a development program focused on transforming the economic structure of the country. The Saudi Arabian market is likely to reach a market value of $0.72bn in 2022, growing at a CAGR of 6.5% over the forecast period.

Despite the higher cost, gas insulated switchgears are expected to grow at a CAGR of 10.37% between 2018 and 2022. Improved grid reliability and reduced space requirements are supporting the utilization of these switchgears in highly congested urban spaces and in areas with significant power requirements such as industrial complexes. They also offer better safety measures, lower maintenance and downtimes, when compared to air insulated switchgears. Air insulated switchgears is likely to see deployment where access to capital is limited and space constraints exists.

The growing demand for electricity is contributing to the development of power generation assets, particularly technologies with minimal environmental impacts. Until recently, the large scale development of generation assets contributed to a deficit in sufficient transmission capacity, which governments are aiming to rectify in the upcoming years.

Grid reliability and supply security have gained prominence, with power playing a greater role in the development of a country. The likely development of transmission assets to sustain the demand is expected to promote the growth of the global switchgears market.

The latest report "Switchgears for Power Transmission, Update 2018 - Global Market Size, Competitive Landscape and Key Country Analysis to 2022", offers comprehensive information and understanding of the global switchgears market. The report offers in-depth analysis of switchgears market at global, regional (Asia-Pacific, Americas, Europe, and Middle East and Africa) and key countries (the US, Canada, Brazil, India, China, Japan, Russia, Germany, Saudi Arabia, and the UK) level.

The report analyzes the market value and volume for the historical period (2013-2017) and forecast period (2018-2022). The market data is segmented based on voltage levels and switchgear type. The report covers market drivers and restraints at global and country level. An overview of the existing policies and initiatives, tenders and contracts issued, and upcoming projects are presented. The rankings of top switchgears market players at the country level are also presented the report.

Scope

The report analyses the switchgears utilized for power transmission. Its scope includes -
  • Analysis of the market trends at global and regional levels including Asia-Pacific, Americas, Europe, and Middle East and Africa.
  • The report provides market analysis for key countries including the US, Canada, Brazil, India, China, Japan, Russia, Germany, Saudi Arabia, and the UK.
  • The report offers market analysis (value and volume) for the historical period (2013-2017) and forecast period (2018-2022).
  • It provides competitive landscape at country level for the year 2017 and the profiles of major players within the market.
  • The policies and initiatives influencing the market, tenders and contracts issued, and upcoming projects are outlined.
Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
  • Facilitate decision-making by analyzing market data on switchgears used for power transmission
  • Develop strategies based on developments in the market
  • Identify key business-development avenues, based on an understanding of the trends in the market
  • Respond to your competitors’ business structure, strategies and prospects.
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FEATURED COMPANIES

  • ABB Ltd
  • Fuji Electric
  • General Electric Co
  • Henan Pinggao
  • HICO America
  • Hitachi
  • MORE
Executive Summary
Global High-Voltage Switchgear Market to Reach $17.90bn by 2022
China to Lead the Global High-Voltage Switchgear Market during 2012-2022

Introduction
Power Transmission, Overview
High-Voltage (HV) Switchgear
HV Switchgear, Market Segmentation

Report Guidance
HV Switchgear, Global
HV Switchgear, Global, Market Overview
HV Switchgear, Global, Market Drivers and Restraints
HV Switchgear, Global, Market Size Analysis
HV Switchgear, Global, Competitive Landscape
HV Switchgear, Americas
HV Switchgear, Americas, Market Overview
HV Switchgear, Americas, Market Size, by Voltage, 2012-2022
HV Switchgear, US
HV Switchgear, US, Market Overview
HV Switchgear, US, Market Drivers and Restraints
HV Switchgear, US, Market Size Analysis
HV Switchgear, US, Policies and Initiatives
HV Switchgear, US, Competitive Landscape
HV Switchgear, US, Key Upcoming Projects
HV Switchgear, Canada
HV Switchgear, Canada, Market Overview
HV Switchgear, Canada, Market Drivers and Restraints
HV Switchgear, Canada, Market Size Analysis
HV Switchgear Market, Canada, Policies and Initiatives
HV Switchgear, Canada, Competitive Landscape
HV Switchgear, Canada, Key Upcoming Projects
HV Switchgear, Brazil
HV Switchgear, Brazil, Market Overview
HV Switchgear, Brazil, Market Drivers and Restraints
HV Switchgear, Brazil, Policies and Initiatives
HV Switchgear, Brazil, Market Size Analysis
HV Switchgear, Brazil, Competitive Landscape
HV Switchgear, Brazil, Key Upcoming Projects
HV Switchgear, Asia-Pacific
HV Switchgear, Asia-Pacific, Market Overview
HV Switchgear, Asia-Pacific, Market Size Analysis
HV Switchgear, China
HV Switchgear, China, Market Overview
HV Switchgear, China, Market Drivers and Restraints
HV Switchgear, China, Market Size Analysis
HV Switchgear, China, Policies and Initiatives
HV Switchgear, China, Competitive Landscape
HV Switchgear, China, Key Upcoming Projects
HV Switchgear, India
HV Switchgear, India, Overview
HV Switchgear, India, Market Drivers and Restraints
HV Switchgear, India, Market Size Analysis
HV Switchgear, India, Policies and Initiatives
HV Switchgear, India, Competitive Landscape
HV Switchgear, India, Key Upcoming Projects
HV Switchgear, Japan
HV Switchgear, Japan, Market Overview
HV Switchgear, Japan, Market Drivers and Restraints
HV Switchgear, Japan, Policies and Initiatives
HV Switchgear, Japan, Market Size Analysis
HV Switchgear, Japan, Competitive Landscape
HV Switchgear, Japan, Key Upcoming Projects
HV Switchgear, Europe, Middle East, and Africa (EMEA)
HV Switchgear, EMEA, Market Overview
HV Switchgear, EMEA, Market Size, by Voltage, 2012-2022
HV Switchgear, Germany
HV Switchgear, Germany, Market Overview
HV Switchgear, Germany, Market Drivers and Restraints
HV Switchgear, Germany, Market Size Analysis
HV Switchgear, Germany, Policies and Initiatives
HV Switchgear, Germany, Competitive Landscape
HV Switchgear, Germany, Key Upcoming Projects
HV Switchgear, United Kingdom (UK)
HV Switchgear, UK, Market Overview
HV Switchgear, UK, Market Drivers and Restraints
HV Switchgear, UK, Market Size Analysis
HV Switchgear, UK, Policies and Initiatives
HV Switchgear, UK, Competitive Landscape
HV Switchgear, UK, Key Upcoming Projects
HV Switchgear, Russia
HV Switchgear, Russia, Market Overview
HV Switchgear, Russia, Market Drivers and Restraints
HV Switchgear, Russia, Market Size Analysis
HV Switchgear, Russia, Policies and Initiatives
HV Switchgear, Russia, Competitive Landscape
HV Switchgear, Russia, Key Upcoming Projects
HV Switchgear, Saudi Arabia
HV Switchgear, Saudi Arabia, Market Overview
HV Switchgear, Saudi Arabia, Market Drivers and Restraints
HV Switchgear, Saudi Arabia, Market Size Analysis
HV Switchgear, Saudi Arabia, Policies and Initiatives
HV Switchgear, Saudi Arabia, Competitive Landscape
HV Switchgear, Saudi Arabia, Key Upcoming Projects

Appendix
Abbreviations
Bibliography
Air-Insulated Switchgear (AIS) Market, Research Methodology
Gas-Insulated Switchgear (GIS) Market, Research Methodology
Primary Research
Secondary Research
Data Analysis and Findings
Contact Us
Disclaimer

List of Tables
Table 1: HV Switchgear, Global, Market Snapshot
Table 2: HV Switchgear, Global, Market Drivers and Restraints
Table 3: HV Switchgear, Global, Power Consumption (TWh), 2012-2017
Table 4: HV Switchgear, Global, Market Value ($bn), by Voltage, 2012-2022
Table 5: HV Switchgear, Global, Market Volume (Units), by Voltage, 2012-2022
Table 6: HV Switchgear, Global, Market Value ($bn), by Type, 2012-2022
Table 7: HV Switchgear, Global, Market Volume (Units), by Type, 2012-2022
Table 8: HV Switchgear, Global Market, Key Players
Table 9: HV Switchgear, Americas, Market Snapshot
Table 10: HV Switchgear, Americas, Market Value ($bn), by Voltage, 2012-2022
Table 11: HV Switchgear, Americas, Market Volume (Units), by Voltage, 2012-2022
Table 12: HV Switchgear, Americas, Market Value ($bn), by Type, 2012-2022
Table 13: HV Switchgear, Americas, Market Volume (Units), by Type, 2012-2022
Table 14: HV Switchgear, US, Transmission System Overview, 2012-2022
Table 15: HV Switchgear, US, Market Drivers and Restraints
Table 16: HV Switchgear, US, Market Value ($m), by Voltage, 2012-2022
Table 17: HV Switchgear, US, Market Volume (Units), by Voltage, 2012-2022
Table 18: HV Switchgear, US, Market Value ($m), by Type, 2012-2022
Table 19: HV Switchgear, US, Market Volume (Units), by Type, 2012-2022
Table 20: HV Switchgear, US, Competitive Landscape, 2017
Table 21: HV Switchgear, US, Tenders
Table 22: HV Switchgear, US, Key Upcoming Projects
Table 23: HV Switchgear, Canada, Transmission System Overview, 2012-2022
Table 24: HV Switchgear, Canada, Market Drivers and Restraints
Table 25: HV Switchgear, Canada, Market Value ($m), by Voltage, 2012-2022
Table 26: HV Switchgear, Canada, Market Volume (Units), by Voltage, 2012-2022
Table 27: HV Switchgear, Canada, Market Value ($m), by Type, 2012-2022
Table 28: HV Switchgear, Canada, Market Volume (Units), by Type, 2012-2022
Table 29: HV Switchgear, Canada, Competitive Landscape, 2017
Table 30: HV Switchgear, Canada, Tenders
Table 31: HV Switchgear, Canada, Key Upcoming Projects
Table 32: HV Switchgear, Brazil, Transmission System Overview, 2012-2022
Table 33: HV Switchgear, Brazil, Market Drivers and Restraints
Table 34: HV Switchgear, Brazil, Transmission line Investment Share, 2015-2024
Table 35: HV Switchgear, Brazil, Transmission Substation Investment Share, 2015-2024
Table 36: HV Switchgear, Brazil, Market Value ($m), by Voltage, 2012-2022
Table 37: HV Switchgear, Brazil, Market Volume (Units), by Voltage, 2012-2022
Table 38: HV Switchgear, Brazil, Market Value ($m), by Type, 2012-2022
Table 39: HV Switchgear, Brazil, Market Volume (Units), by Type, 2012-2022
Table 40: HV Switchgear, Brazil, Competitive Landscape, 2017
Table 41: HV Switchgear, Brazil, Tenders and Contracts
Table 42: HV Switchgear, Brazil, Key Upcoming Projects
Table 43: HV Switchgear, Asia-Pacific, Market Snapshot
Table 44: HV Switchgear, Asia-Pacific, Market Value ($bn), by Voltage, 2012-2022
Table 45: HV Switchgear, Asia-Pacific, Market Volume (Units), by Voltage, 2012-2022
Table 46: HV Switchgear, Asia-Pacific, Market Value ($bn), by Type, 2012-2022
Table 47: HV Switchgear, Asia-Pacific, Market Volume (Units), by Type, 2012-2022
Table 48: HV Switchgear, China, Transmission System Overview, 2012-2022
Table 49: HV Switchgear, China, Market Drivers and Restraints
Table 50: HV Switchgear, China, Market Value ($bn), by Voltage, 2012-2022
Table 51: HV Switchgear, China, Market Volume (Units), by Voltage, 2012-2022
Table 52: HV Switchgear, China, Market Value ($bn), by Type, 2012-2022
Table 53: HV Switchgear, China, Market Volume (Units), by Type, 2012-2022
Table 54: HV Switchgear, China, Competitive Landscape, 2017
Table 55: HV Switchgear, China, Tenders and Contracts
Table 56: HV Switchgear, China, Key Upcoming Projects
Table 57: HV Switchgear, India, Transmission System Overview, 2012-2022
Table 58: HV Switchgear, India, Market Drivers and Restraints
Table 59: HV Switchgear, India, Market Value ($m), by Voltage, 2012-2022
Table 60: HV Switchgear, India, Market Volume (Units), by Voltage, 2012-2022
Table 61: HV Switchgear, India, Market Value ($m), by Type, 2012-2022
Table 62: HV Switchgear, India, Market Volume (Units), by Type, 2012-2022
Table 63: HV Switchgear, Installed Capacity Assessments for Transmission Planning during 12th-13th FYP from Conventional Sources (MW)
Table 64: HV Switchgear, India, 13th Five-Year Plan, Transformation Capacity, Values in MVA/MW
Table 65: HV Switchgear, India, Competitive Landscape, 2017
Table 66: HV Switchgear, India, Tenders and Contracts
Table 67: HV Switchgear, India, Key Upcoming Projects
Table 68: HV Switchgear, Japan, Transmission System Overview, 2012-2022
Table 69: HV Switchgear, Japan, Market Drivers and Restraints
Table 70: HV Switchgear, Japan, Market Value ($m), by Voltage, 2012-2022

List of Figures
Figure 1: HV Switchgear, Regional Market Value ($bn), 2012, 2017, 2022
Figure 2: HV Switchgear, Global, Top Five Markets, 2017
Figure 3: HV Switchgear, Market Segmentation
Figure 4: HV Switchgear, Global, Power Consumption (TWh), 2012-2017
Figure 5: HV Switchgear, Global, Market Value ($bn), by Voltage, 2012-2022
Figure 6: HV Switchgear, Global, Market Volume (Units), by Voltage, 2012-2022
Figure 7: HV Switchgear, Global, Market Value ($bn), by Type, 2012-2022
Figure 8: HV Switchgear, Global, Market Volume (Units), by Type, 2012-2022
Figure 9: HV Switchgear, Americas, Market Value ($bn), by Voltage, 2012-2022
Figure 10: HV Switchgear, Americas, Market Volume (Units), by Voltage, 2012-2022
Figure 11: HV Switchgear, Americas, Market Value ($bn), by Type, 2012-2022
Figure 12: HV Switchgear, Americas, Market Volume (Units), by Type, 2012-2022
Figure 13: HV Switchgear, US, Transmission System Overview, 2012-2022
Figure 14: HV Switchgear, US, Market Value ($m), by Voltage, 2012-2022
Figure 15: HV Switchgear, US, Market Volume (Units), by Voltage, 2012-2022
Figure 16: HV Switchgear, US, Market Value ($m), by Type, 2012-2022
Figure 17: HV Switchgear, US, Market Volume (Units), by Type, 2012-2022
Figure 18: HV Switchgear, Canada, Transmission System Overview, 2012-2022
Figure 19: HV Switchgear, Canada, Market Value ($m), by Voltage, 2012-2022
Figure 20: HV Switchgear, Canada, Market Volume (Units), by Voltage, 2012-2022
Figure 21: HV Switchgear, Canada, Market Value ($m), by Type, 2012-2022
Figure 22: HV Switchgear, Canada, Market Volume (Units), by Type, 2012-2022
Figure 23: HV Switchgear, Brazil, Transmission System Overview, 2012-2022
Figure 24: HV Switchgear, Brazil, Market Value ($m), by Voltage, 2012-2022
Figure 25: HV Switchgear, Brazil, Market Volume (Units), by Voltage, 2012-2022
Figure 26: HV Switchgear, Brazil, Market Value ($m), by Type, 2012-2022
Figure 27: HV Switchgear, Brazil, Market Volume (Units), by Type, 2012-2022
Figure 28: HV Switchgear, Asia-Pacific, Market Value ($bn), by Voltage, 2012-2022
Figure 29: HV Switchgear, Asia-Pacific, Market Volume (Units), by Voltage, 2012-2022
Figure 30: HV Switchgear, Asia-Pacific, Market Value ($bn), by Type, 2012-2022
Figure 31: HV Switchgear, Asia-Pacific, Market Volume (Units), by Type, 2012-2022
Figure 32: HV Switchgear, China, Transmission System Overview, 2012-2022
Figure 33: HV Switchgear, China, Market Value ($bn), by Voltage, 2012-2022
Figure 34: HV Switchgear, China, Market Volume (Units), by Voltage, 2012-2022
Figure 35: HV Switchgear, China, Market Value ($bn), by Type, 2012-2022
Figure 36: HV Switchgear, China, Market Volume (Units), by Type, 2012-2022
Figure 37: HV Switchgear, India, Transmission System Overview, 2012-2022
Figure 38: HV Switchgear, India, Market Value ($m), by Voltage, 2012-2022
Figure 39: HV Switchgear, India, Market Volume (Units), by Voltage, 2012-2022
Figure 40: HV Switchgear, India, Market Value ($m), by Type, 2012-2022
Figure 41: HV Switchgear, India, Market Volume (Units), by Type, 2012-2022
Figure 42: HV Switchgear, Japan, Transmission System Overview, 2012-2022
Figure 43: HV Switchgear, Japan, Market Value ($m), by Voltage, 2012-2022
Figure 44: HV Switchgear, Japan, Market Volume (Units), by Voltage, 2012-2022
Figure 45: HV Switchgear, Japan, Market Value ($m), by Type, 2012-2022
Figure 46: HV Switchgear, Japan, Market Volume (Units), by Type, 2012-2022
Figure 47: HV Switchgear, EMEA, Market Value ($bn), by Voltage, 2012-2022
Figure 48: HV Switchgear, EMEA, Market Volume (Units), by Voltage, 2012-2022
Figure 49: HV Switchgear, EMEA, Market Value ($bn), by Type, 2012-2022
Figure 50: HV Switchgear, EMEA, Market Volume (Units), by Type, 2012-2022
Figure 51: HV Switchgear, Germany, Transmission System Overview, 2012-2022
Figure 52: HV Switchgear, Germany, Market Value ($m), by Voltage, 2012-2022
Figure 53: HV Switchgear, Germany, Market Volume (Units), by Voltage, 2012-2022
Figure 54: HV Switchgear, Germany, Market Value ($m), by Type, 2012-2022
Figure 55: HV Switchgear, Germany, Market Volume (Units), by Type, 2012-2022
Figure 56: HV Switchgear, UK, Transmission System Overview, 2012-2022
Figure 57: HV Switchgear, UK, Market Value ($m), by Voltage, 2012-2022
Figure 58: HV Switchgear, UK, Market Volume (Units), by Voltage, 2012-2022
Figure 59: HV Switchgear, UK, Market Value ($m), by Type, 2012-2022
Figure 60: HV Switchgear, UK, Market Volume (Units), by Type, 2012-2022
Figure 61: HV Switchgear, Russia, Transmission System Overview, 2012-2022
Figure 62: HV Switchgear, Russia, Market Value ($m), by Voltage, 2012-2022
Figure 63: HV Switchgear, Russia, Market Volume (Units), by Voltage, 2012-2022
Figure 64: HV Switchgear, Russia, Market Value ($m), by Type, 2012-2022
Figure 65: HV Switchgear, Russia, Market Volume (Units), by Type, 2012-2022
Figure 66: HV Switchgear, Saudi Arabia, Transmission System Overview, 2012-2022
Figure 67: HV Switchgear, Saudi Arabia, Market Value ($m), by Voltage, 2012-2022
Figure 68: HV Switchgear, Saudi Arabia, Market Volume (Units), by Voltage, 2012-2022
Figure 69: HV Switchgear, Saudi Arabia, Market Value ($m), by Type, 2012-2022
Figure 70: HV Switchgear, Saudi Arabia, Market Volume (Units), by Type, 2012-2022
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  • ABB Ltd
  • General Electric Co
  • Siemens AG
  • Hyosung Corporation
  • Mitsubishi Electric
  • Toshiba Electric
  • Fuji Electric
  • Hitachi
  • Henan Pinggao
  • HICO America
  • Nissin Electric
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