Global High Voltage Equipment market is expected to reach $152 billion by 2022

High Voltage EquipmentHigh Voltage Equipment Market Outlook – Global Trends, Forecast, and Opportunity Assessment (2014-2022)

The Global High Voltage Equipment market is accounted for $98.51 billion in 2014 and is expected to reach $152 billion by 2022 growing at a CAGR of 5.6% from 2014 to 2022. The major factors favoring the market growth include smart grid rollouts, modernize transmission network, growing industrialization & urbanization, growing electricity demand and increasing investments for renewable energy sources in the emerging economies. Low quality and cheap products from local players are restraining the market growth. Asia Pacific has the largest market for high voltage equipment and is expected to continue its growth during the forecast period.

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Asia Pacific accounted for more than 40% of share in global high voltage equipment market. The increasing investments for T&D network in countries such as Japan, China and India acts as key factors for the market growth. China is emerged as the single fastest growing market segment with more than 15% of share in global market and Japan, Australia, India are also the promising markets for high voltage equipment in this region.

The key players of the market include, Siemens AG, ABB Ltd., Hitachi Ltd., General Electric Company, Alstom SA, Crompton Greaves Ltd., Mitsubishi Electric Corporation, Bharat Heavy Electricals Limited and Toshiba.

Voltage levels Covered:
• High Voltage (HV)-Up to 200kv
• High Voltage Direct Current (HVDC)- 200 to 800kv
• Extra High Voltage Equipment (EHV) 500kv
• Ultra High Voltage (UHV) 800kv & Above

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Equipment Types Covered:
• Reactive Power Equipment
• Insulator
• Instrument Transformer
• Switchgear
• Power Transformer
• Earthing Material
• Switches
• Control Equipment
• Battery Set
• Carrier Cabinet
• Communication Equipment
• Relay Panel
• Scada
• Other Equipment

Regions Covered:
• North America
o US
o Canada
• Europe
o Germany
o France
o Italy
o UK
o Spain
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia
• Rest of the World
o Latin America
o Middle East
o Africa
o Others

William Mckeown is a qualitative researcher who specializes in technology , moderating and online community management. He combines his experience in forthcoming technology research. He has conducted qualitative research in a variety of industries. These include: ad tracking, consumer packaged goods (CPGs), healthcare, pharmaceutical, food/beverage, alcohol/spirits, B2B, banking, insurance, automotive, apparel, beauty/cosmetics, and mobile technology.

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