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High Voltage Switchgear Global Market Report 2022, By Insulation type, By Application, By Product Standard, By Component

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    Report

  • 175 Pages
  • March 2022
  • Region: Global
  • The Business Research Company
  • ID: 5562256

FEATURED COMPANIES

  • ABB Ltd.
  • Eaton Corporation
  • General Electric
  • Hyosung Corporation
  • LSIS
  • OJSC Power
High Voltage Switchgear Global Market Report 2022 from the publisher provides the strategists, marketers and senior management with the critical information they need to assess the global high voltage switchgear market as it emerges from the COVID-19 shut down.



Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates
  • 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

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, the impact of the COVID-19 virus and forecasting its recovery
  • 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 the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets
  • 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 analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers
  • 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

Scope


Markets Covered:

1) By Insulation type: Gas Insulated; Oil Insulated ; Air Insulated
2) By Application: Transmission And Distribution Network; Manufacturing & Processing; Infrastructure & Transportation
3) By Product Standard: IEC Stardard; ANSI Standard
4) By Component: Circuit Breakers; Relays; Other

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; 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.


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Frequently Asked Questions about the Global High Voltage Switchgear Market

What is the estimated value of the Global High Voltage Switchgear Market?

The Global High Voltage Switchgear Market was estimated to be valued at $10.6 billion in 2022.

What is the growth rate of the Global High Voltage Switchgear Market?

The growth rate of the Global High Voltage Switchgear Market is 11.9%, with an estimated value of $16.6 billion by 2026.

What is the forecasted size of the Global High Voltage Switchgear Market?

The Global High Voltage Switchgear Market is estimated to be worth $16.6 billion by 2026.

Who are the key companies in the Global High Voltage Switchgear Market?

Key companies in the Global High Voltage Switchgear Market include ABB Ltd., General Electric, Company Crompton Greaves Limited, Fuji Electric, Hitachi, Hyosung Corporation, Mitsubishi Electric Corporation, Toshiba Electric Corporation and Eaton Corporation.

FEATURED COMPANIES

  • ABB Ltd.
  • Eaton Corporation
  • General Electric
  • Hyosung Corporation
  • LSIS
  • OJSC Power

1. Executive Summary2. High Voltage Switchgear Market Characteristics3. High Voltage Switchgear Market Trends And Strategies4. Impact Of COVID-19 On High Voltage Switchgear
5. High Voltage Switchgear Market Size And Growth
5.1. Global High Voltage Switchgear Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global High Voltage Switchgear Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. High Voltage Switchgear Market Segmentation
6.1. Global High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Gas Insulated
  • Oil Insulated
  • Air Insulated
6.2. Global High Voltage Switchgear Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Transmission And Distribution Network
  • Manufacturing & Processing
  • Infrastructure & Transportation
6.3. Global High Voltage Switchgear Market, Segmentation By Product Standard, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • IEC Stardard
  • ANSI Standard
6.4. Global High Voltage Switchgear Market, Segmentation By Component, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Circuit Breakers
  • Relays
  • Other

7. High Voltage Switchgear Market Regional And Country Analysis
7.1. Global High Voltage Switchgear Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global High Voltage Switchgear Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific High Voltage Switchgear Market
8.1. Asia-Pacific High Voltage Switchgear Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China High Voltage Switchgear Market
9.1. China High Voltage Switchgear Market Overview
9.2. China High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India High Voltage Switchgear Market
10.1. India High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan High Voltage Switchgear Market
11.1. Japan High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia High Voltage Switchgear Market
12.1. Australia High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia High Voltage Switchgear Market
13.1. Indonesia High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea High Voltage Switchgear Market
14.1. South Korea High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe High Voltage Switchgear Market
15.1. Western Europe High Voltage Switchgear Market Overview
15.2. Western Europe High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK High Voltage Switchgear Market
16.1. UK High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany High Voltage Switchgear Market
17.1. Germany High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France High Voltage Switchgear Market
18.3. France High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe High Voltage Switchgear Market
19.1. Eastern Europe High Voltage Switchgear Market Overview
19.2. Eastern Europe High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia High Voltage Switchgear Market
20.1. Russia High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America High Voltage Switchgear Market
21.1. North America High Voltage Switchgear Market Overview
21.2. North America High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA High Voltage Switchgear Market
22.1. USA High Voltage Switchgear Market Overview
22.2. USA High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America High Voltage Switchgear Market
23.1. South America High Voltage Switchgear Market Overview
23.2. South America High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil High Voltage Switchgear Market
24.1. Brazil High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East High Voltage Switchgear Market
25.1. Middle East High Voltage Switchgear Market Overview
25.2. Middle East High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa High Voltage Switchgear Market
26.1. Africa High Voltage Switchgear Market Overview
26.2. Africa High Voltage Switchgear Market, Segmentation By Insulation type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. High Voltage Switchgear Market Competitive Landscape And Company Profiles
27.1. High Voltage Switchgear Market Competitive Landscape
27.2. High Voltage Switchgear Market Company Profiles
27.2.1. ABB Ltd.,
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. General Electric
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Company Crompton Greaves Limited
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Fuji Electric
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Hitachi
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
29. Key Mergers And Acquisitions In The High Voltage Switchgear Market29. High Voltage Switchgear Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About the Publisher
30.5. Copyright And Disclaimer

FEATURED COMPANIES

  • ABB Ltd.
  • Eaton Corporation
  • General Electric
  • Hyosung Corporation
  • LSIS
  • OJSC Power
Major players in the high voltage switchgear market are ABB Ltd., General Electric, Company Crompton Greaves Limited, Fuji Electric, Hitachi, Hyosung Corporation, Mitsubishi Electric Corporation, Toshiba Electric Corporation, Siemens AG, and Eaton Corporation.

The global high voltage switchgear market is expected to grow from $9.45 billion in 2021 to $10.61 billion in 2022 at a compound annual growth rate (CAGR) of 12.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $16.61 billion in 2026 at a CAGR of 11.9%.

The High Voltage Switchgear market consists of revenues generated by entities (organizations, sole traders, or partnerships) that carry out design, manufacturing, and sales of high voltage switchgear. The market also consists of high voltage switchgear that 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 main insulation types of high voltage switchgear are gas insulated, oil insulated and air insulated. Gas-insulated high-voltage switchgear (GIS) is a compact metal encapsulated switchgear consisting of high-voltage components such as circuit-breakers and disconnectors, which can be safely operated in confined spaces. The various components used include circuit breakers, relays and others. The high voltage switchgear follows IEC standard and ANSI standard that are used for transmission and distribution network, manufacturing and processing, infrastructure and transportation applications.

Asia Pacific was the largest region in the high voltage switchgear market in 2021. Western Europe was the second-largest region in the high voltage switchgear market. The regions covered in the high voltage switchgear market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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 alleviation. Development of industrialization, urbanization requires continuous electricity supply, and reliability of the electrical supply depends heavily on the performance of the switchgear. Therefore, electricity demand is driving the demand of high voltage switchgears in the forecast period. For instance, according to IEA, a Paris-based autonomous intergovernmental organization, global electricity demand expected to grows at 2.1% per year to 2040, twice the rate of primary energy demand.

Unstable prices of raw materials are 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 switchgears.
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 incorporate generator, transformer, metal clad switchgear, outdoor load break switches and breakers, which is used for network extensions, and temporary switching stations. For instance, 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 April 2019, Eaton Corporation, an Irish based power management company acquired 82.27% majority stake in Ulusoy Elektrik Imalat Taahhut ve Ticaret A.S. Acquisition of Ulusoy Elektrik Imalat Taahhut ve Ticaret A.S was aimed to strengthen Eaton Corporation in manufacturing of electrical equipment. Ulusoy Elektrik Imalat Taahhut ve Ticaret A.S, a Turkey-based company, is in the manufacturing of switchgear, distribution transformers, substation kiosks, and medium-voltage cable connection systems.

The countries covered in the high voltage switchgear market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

A selection of companies mentioned in this report includes:

  • 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

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