According to DOE, the USA needs to expand its electricity transmission systems by 60% by 2030 “and to triple current capacity by 2050”. Huge investments in electricity infrastructure are planned to enable renewable energy plant integration and meet high electricity demand.
Scope
The analysis of the HV Switchgear market in North America (NAM) concentrates on three application sectors: Distribution, Generation, and Industry. It delves deeply into each of these sectors, examining market trends and growth drivers by scrutinizing the deployment strategies of Transmission System Operators/Regional Transmission Organizations (TSOs/RTOs), Independent Power Producers (IPPs), and industrial clients.
The analyst's high voltage switchgear topic aims to cover the HV switchgear market to enable the key players in the value chain to have a detailed understanding of the market landscape. By conducting in-depth market research on the topic, the analyst’s goal is to help its customers understand the current and future demand for high-voltage switchgear and the industry's competitive landscape. The research aims to help explore the high-voltage switchgear market so stakeholders can align their product and market strategy to address this billion-dollar market and capture the maximum benefit.
Countries Covered:
- United States
- Canada
- Mexico
Reasons to Purchase:
- Access a regional dataset of the North American (NAM) HV switchgear market, featuring separate broken-out data for three key countries, enabling you to make informed decisions based on regional nuances.
- Gauge the expected growth (CAGR) of HV switchgear markets until 2030, considering the annual market both in terms of units and revenue. Understand the key factors driving this growth to anticipate market trends effectively.
- Explore various scenario forecasts, including High case, Base case, and Low case, allowing you to prepare for different market conditions and make resilient business strategies.
- Identify crucial policies, regulations, and drivers shaping regional demand for HV switchgear, enabling you to stay compliant and align your business strategies with regulatory requirements effectively.
Who Should Buy the Report:
- Marketing Manager
- Director of Marketing
- Head of Marketing
- VP of Marketing
- Strategic Marketing Director
- Head of Strategic Marketing
- Head of Market Intelligence
- Manager Business Intelligence
- Strategy Development
- Director, Strategy Development
- Commercial Analyst
- Market Analyst
- Marketing Analyst
- Head of Sales
- Director of Sales
Research Methodology
The information contained in the report has been gathered through authentic online sources used for secondary research. It has been verified through interviews with industry professionals conducted as part of primary research.
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Table of Contents
1. Region Overview
Companies Mentioned
- Hitachi Energy
- JST Power Equipment
- MEPPI
- Hyundai
- General Electric (GE)
- Hyosung
- Siemens Energy
