High Voltage Switchgear Market Global Report 2020 from the publisher provides the strategists, marketers and senior management with the critical information they need to assess the global high voltage switchgear market.
Reasons to Purchase
Description:
Where is the largest and fastest growing market for the high voltage switchgear? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The High Voltage Switchgear market global report from the publisher answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider high voltage switchgear market, and compares it with other markets.
Scope
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order.
Description:
Where is the largest and fastest growing market for the high voltage switchgear? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The High Voltage Switchgear market global report from the publisher answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider high voltage switchgear market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers all the regions, key developed countries and major emerging markets. It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section highlights the likely future developments in the market and suggests approaches companies can take to exploit this.
- The high voltage switchgear market section of the report gives context. It compares the high voltage switchgear market with other segments of the high voltage switchgear market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, high voltage switchgear indicators comparison.
Scope
- Markets Covered: 1) By Insulation type: Gas Insulated; Oil Insulated ; Air Insulated 2) By Application: Transmission And Distribution Network; Manufacturing & Processing; Infrastructure & Transportation
- Companies Mentioned: ABB Ltd.,; General Electric; Company Crompton Greaves Limited; Fuji Electric; Hitachi
- Countries: Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA and Australia
- Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
- Time series: Five years historic and forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Table of Contents
1. Executive Summary2. High Voltage Switchgear Market Characteristics26. Key Mergers And Acquisitions In The High Voltage Switchgear Market27. High Voltage Switchgear Market Trends And Strategies28. High Voltage Switchgear Market Future Outlook and Potential Analysis
3. High Voltage Switchgear Market Size And Growth
4. High Voltage Switchgear Market Segmentation
5. High Voltage Switchgear Market Regional And Country Analysis
6. Asia-Pacific High Voltage Switchgear Market
7. China High Voltage Switchgear Market
8. India High Voltage Switchgear Market
9. Japan High Voltage Switchgear Market
10. Australia High Voltage Switchgear Market
11. Indonesia High Voltage Switchgear Market
12. South Korea High Voltage Switchgear Market
13. Western Europe High Voltage Switchgear Market
14. UK High Voltage Switchgear Market
15. Germany High Voltage Switchgear Market
16. France High Voltage Switchgear Market
17. Eastern Europe High Voltage Switchgear Market
18. Russia High Voltage Switchgear Market
19. North America High Voltage Switchgear Market
20. USA High Voltage Switchgear Market
21. South America High Voltage Switchgear Market
22. Brazil High Voltage Switchgear Market
23. Middle East High Voltage Switchgear Market
24. Africa High Voltage Switchgear Market
25. High Voltage Switchgear Market Competitive Landscape And Company Profiles
29. Appendix
Executive Summary
The High Voltage Switchgear market consists of sales of high voltage switchgear and related services. The high voltage switchgear are electrical equipment used in an electrical path to deal with voltage above 36kV and are designed to perform some operations such as control, regulate, and switch on/off as needed in electric circuit.The global high voltage switchgear market (above 36kv) market was worth $ 13.37 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 7% and reach $16.88 billion by 2023.
The high voltage switchgear maket covered in this report is segmented by insulation type into gas insulated, oil insulated , air insulated. It is also segmented by application into transmission and distribution network, manufacturing & processing, infrastructure & transportation.
The demand for electricity generation is projected to drive the high voltage switchgear market. Availability of electricity has become essential for the economic development and poverty allevation. Development of industrialization, urbanization requires continuous electricity supply, and reliability of the electrical supply depends heavily on the performance of the switchgear. Therefore, is driving the demand of high voltage switchgears in the forecast period. For instance, in 2017, Japan allocated US $16.7 million to war-affected nation Iraq for reinstallation of transmission and distribution electricity networks to promote stabilization and rehabilitation for refugees.
Unstable prices of raw materials is restraining the high voltage switchgear market. Prices fluctuate due to availability of low quality materials at cheaper prices of high voltage switchgear. This arises the risk of breakdown of insulation layers or short circuit conditions and other failures. Thereby inconsistent pricing in raw materials of high voltage switchgear is expected to hinder the market growth. A survey was conducted by Manufacturers’ Outlook Survey, in 2019, within the switchgear manufacturing companies, across globe. According to the survey, 79.8% of respondents consider the cost of raw material as the top concern in manufacturing of swichgears.
Electronic and Telecommunication companies are increasing the implementation of mobile substations. Installation of mobile substations enables to restore electricity under outdoor conditions or in unforeseen circumstances and are functionally designed to provide temporary power supplies as quickly as possible. In addition, these mobile substations incorporates generator, transformer, metal clad switchgear, outdoor load break switches and breakers, which is used for network extensions, and temporary switching stations. For instance, in 1937, ABB Group, a Switzerland multinational corporation designed the mobile substation for the Italian railway network. Thereby, the use of mobile substations as per necessity energy generation is becoming latest trend in the market.
In December 2017, Hitachi Ltd. a Japanese based multinational conglomerate company, acquired 80.1% stake of ABB power grids unit worth $11 billion. With this acquisition, the company aimed to strengthen its market position of power transmission and distribution system. ABB power grid, a Switzerland based company known for power transformers, long-distance transmission systems, and for designing energy storage units.
Major players in the market are ABB Ltd.,, General Electric, Company Crompton Greaves Limited, Fuji Electric, Hitachi, Hyosung Corporation, Mitsubishi Electric Corporation, Toshiba Electric Corporation, Siemens AG, Eaton Corporation
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- General Electric
- Company Crompton Greaves Limited
- Fuji Electric
- Hitachi
- Hyosung Corporation
- Mitsubishi Electric Corporation
- Toshiba Electric Corporation
- Siemens AG
- Eaton Corporation
- Schneider Electric SE
- China XD Electric Group Co. ltd
- Henan Pinggao Electric Co., Ltd.
- Hyundai Heavy Industry, Ltd
- Nissin Electric
- Shanghai Siyuan Electric Co., Ltd
- BHEL
- LSIS
- Shenyang High-Voltage Switchgears Ltd
- Energomash
- New Northeast Electric Group High Voltage Switchgear Co., Ltd
- Shandong Taikai High-volt Switchgear Co., Ltd
- Larsen &Turbo
- Hubbell, Powell Industries
- Rittal
- Meidensha Corporation
- Iljin Electric
- Ormazabal
- Alstom SA
- OJSC Power
Methodology
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