The global electric power transmission equipment market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The growth of this market is driven by the increasing demand for electricity and the need for reliable power supply in developing countries. The residential power systems segment accounted for the largest share of this market in 2017, followed by commercial power systems and high-voltage switchgears segments. Asia Pacific was the fastest growing region in terms of revenue generation, with a CAGR of 5% during 2017-2030.
Some Of The Growth Factors Of This Market:
- The increasing demand for electricity in developing countries is a major factor driving the growth of the electric power transmission equipment market.
- The need to upgrade aging infrastructure and replace obsolete equipment is also a key driver of the electric power transmission equipment market.
- Increasing investments in renewable energy sources such as solar and wind are also expected to drive the growth of this market over the forecast period, as they require more investment in transmission lines and substations than traditional sources of energy such as coal or natural gas do.
- The growing need for smart grids that can integrate renewable energy sources into their grid is another factor driving this market's growth, as it requires more investment in transmission lines and substations than traditional grids do not have to make room for these new technologies.
- Technological advancements are also expected to drive this market's growth, with innovations such as high-voltage direct current (HVDC) technology being developed that will allow for greater distances between power stations and consumers without losses due to voltage conversion.
Industry Growth Insights published a new data on “Electric Power Transmission Equipment Market”. The research report is titled “Electric Power Transmission Equipment Market research by Types (Transformers, High-voltage Switchgears, Vacuum Circuit Breakers, Lightning Arresters, Others), By Applications (Residential Power Systems, Commercial Power Systems), By Players/Companies Alstom, ABB, GE, Schneider, Siemens, Eaton, Mitsubishi Electric, Toshiba, Hitachi, Fuji Electric, Hubbell, MEIDEN, Tatung, China XD Group, TBEA, BTW group, JSHP Transformer, Pinggao Electric, NHVS, CHINT Group”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Power Transmission Equipment Market Research Report
By Type
Transformers, High-voltage Switchgears, Vacuum Circuit Breakers, Lightning Arresters, Others
By Application
Residential Power Systems, Commercial Power Systems
By Companies
Alstom, ABB, GE, Schneider, Siemens, Eaton, Mitsubishi Electric, Toshiba, Hitachi, Fuji Electric, Hubbell, MEIDEN, Tatung, China XD Group, TBEA, BTW group, JSHP Transformer, Pinggao Electric, NHVS, CHINT Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Electric Power Transmission Equipment Market Report Segments:
The global Electric Power Transmission Equipment market is segmented on the basis of:
Types
Transformers, High-voltage Switchgears, Vacuum Circuit Breakers, Lightning Arresters, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Power Systems, Commercial Power Systems
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Alstom
- ABB
- GE
- Schneider
- Siemens
- Eaton
- Mitsubishi Electric
- Toshiba
- Hitachi
- Fuji Electric
- Hubbell
- MEIDEN
- Tatung
- China XD Group
- TBEA
- BTW group
- JSHP Transformer
- Pinggao Electric
- NHVS
- CHINT Group
Highlights of The Electric Power Transmission Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Transformers
- High-voltage Switchgears
- Vacuum Circuit Breakers
- Lightning Arresters
- Others
- By Application:
- Residential Power Systems
- Commercial Power Systems
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Power Transmission Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric power transmission equipment is a system used to move electric energy from one location to another. Transmission lines carry the electricity over long distances, connecting sources of electricity with consumers.
Some of the key players operating in the electric power transmission equipment market are Alstom, ABB, GE, Schneider, Siemens, Eaton, Mitsubishi Electric, Toshiba, Hitachi, Fuji Electric, Hubbell, MEIDEN, Tatung, China XD Group, TBEA, BTW group, JSHP Transformer, Pinggao Electric, NHVS, CHINT Group.
The electric power transmission equipment market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Power Transmission Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Power Transmission Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Power Transmission Equipment Market - Supply Chain
4.5. Global Electric Power Transmission Equipment Market Forecast
4.5.1. Electric Power Transmission Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Power Transmission Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Power Transmission Equipment Market Absolute $ Opportunity
5. Global Electric Power Transmission Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Power Transmission Equipment Market Size and Volume Forecast by Type
5.3.1. Transformers
5.3.2. High-voltage Switchgears
5.3.3. Vacuum Circuit Breakers
5.3.4. Lightning Arresters
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Power Transmission Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Power Transmission Equipment Market Size and Volume Forecast by Application
6.3.1. Residential Power Systems
6.3.2. Commercial Power Systems
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Power Transmission Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Power Transmission Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Power Transmission Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Power Transmission Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Power Transmission Equipment Demand Share Forecast, 2019-2026
9. North America Electric Power Transmission Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Power Transmission Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Power Transmission Equipment Market Size and Volume Forecast by Application
9.4.1. Residential Power Systems
9.4.2. Commercial Power Systems
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Power Transmission Equipment Market Size and Volume Forecast by Type
9.7.1. Transformers
9.7.2. High-voltage Switchgears
9.7.3. Vacuum Circuit Breakers
9.7.4. Lightning Arresters
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Power Transmission Equipment Demand Share Forecast, 2019-2026
10. Latin America Electric Power Transmission Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Power Transmission Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Power Transmission Equipment Market Size and Volume Forecast by Application
10.4.1. Residential Power Systems
10.4.2. Commercial Power Systems
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Power Transmission Equipment Market Size and Volume Forecast by Type
10.7.1. Transformers
10.7.2. High-voltage Switchgears
10.7.3. Vacuum Circuit Breakers
10.7.4. Lightning Arresters
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Power Transmission Equipment Demand Share Forecast, 2019-2026
11. Europe Electric Power Transmission Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Power Transmission Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Power Transmission Equipment Market Size and Volume Forecast by Application
11.4.1. Residential Power Systems
11.4.2. Commercial Power Systems
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Power Transmission Equipment Market Size and Volume Forecast by Type
11.7.1. Transformers
11.7.2. High-voltage Switchgears
11.7.3. Vacuum Circuit Breakers
11.7.4. Lightning Arresters
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Power Transmission Equipment Demand Share, 2019-2026
12. Asia Pacific Electric Power Transmission Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Power Transmission Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Power Transmission Equipment Market Size and Volume Forecast by Application
12.4.1. Residential Power Systems
12.4.2. Commercial Power Systems
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Power Transmission Equipment Market Size and Volume Forecast by Type
12.7.1. Transformers
12.7.2. High-voltage Switchgears
12.7.3. Vacuum Circuit Breakers
12.7.4. Lightning Arresters
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Power Transmission Equipment Demand Share, 2019-2026
13. Middle East & Africa Electric Power Transmission Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Power Transmission Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Power Transmission Equipment Market Size and Volume Forecast by Application
13.4.1. Residential Power Systems
13.4.2. Commercial Power Systems
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Power Transmission Equipment Market Size and Volume Forecast by Type
13.7.1. Transformers
13.7.2. High-voltage Switchgears
13.7.3. Vacuum Circuit Breakers
13.7.4. Lightning Arresters
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Power Transmission Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Power Transmission Equipment Market: Market Share Analysis
14.2. Electric Power Transmission Equipment Distributors and Customers
14.3. Electric Power Transmission Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Alstom
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ABB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Schneider
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siemens
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Eaton
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mitsubishi Electric
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Toshiba
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hitachi
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fuji Electric
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hubbell
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. MEIDEN
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tatung
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. China XD Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. TBEA
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. BTW group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. JSHP Transformer
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Pinggao Electric
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. NHVS
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. CHINT Group
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook