Market Overview:
The global high voltage measuring equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electricity and rising investments in power infrastructure across the globe. Based on type, the high voltage measuring equipment market is segmented into high voltage (35-400kV), extra high voltage (401-800kV), and ultrahigh voltage (above 800kV). The ultrahighvoltage segment is expected to grow at a CAGR of 6.1% from 2018to 2030, owing tothe increasing demand for electricityfrom industrial sectors such as oil & gas, mining, and manufacturing. Based on application, the global highvoltage measuring equipmentmarketis divided into power generation (substation), power transmission, industrial sector, and others segments. Thepower transmissionsegment accounted for themajor shareof 36%in 2017and isexpectedtogrowat aCAGR of 5%.
Product Definition:
High voltage measuring equipment is used to measure the high voltage of an electrical circuit. This type of equipment is important because it allows for safe and accurate measurements to be made.
High Voltage (35-400kV):
High voltage (35-400kV) is the largest and fastest growing segment in High Voltage Measuring Equipment market. The growth of this segment can be attributed to rising demand for HVAC applications such as air conditioners, refrigeration systems, heat pumps and others.
The increasing need for electricity in developing countries has led to a rise in investments by various organizations across the globe which has resulted into huge demand for high voltage measuring equipment over the past few years.
Extra High Voltage (401-800kV):
The extra high voltage (EHV) is the highest electric voltage that can be measured by a standard test equipment. The EHV range varies between 401kv to 800kv. It is used for measuring the transmission and distribution losses in power grids, substations, etc.
EHV cables are made up of specially designed materials to carry such high voltages safely without causing any harm to the insulation or core material itself.
Application Insights:
High-voltage power transmission segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for HVAC systems, which require high-quality electricity supply across multiple distribution phases.
Power generation segment is expected to witness sluggish growth owing to rising renewable energy installations, particularly in countries such as Brazil, China and Germany that are characterized by easy availability of land for wind energy projects.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for power generation and transmission in emerging economies, such as China and India. In addition, rising number of nuclear power plant projects in countries such as China and India are anticipated to drive the market further. For instance, according to IAEA statistics, from 2014 till 2018, around 40 new reactors were under construction or planning stages in Asia with a total capacity of 63 GW which is about 70% of new reactors under construction globally (excluding Russia).
North America was estimated at USD X million in 2017 owing to presence of major high voltage equipment manufacturers along with advanced infrastructure for HVAC & refrigeration systems manufacturing industry that caters high voltage measuring equipment used across various industries including oil & gas exploration/production/transportation sector primarily based out of U.S., Canada and Mexico.
Growth Factors:
- Increasing demand for high voltage measuring equipment from the power sector to meet the growing electricity demand
- Rising investments in smart grid infrastructure across the globe
- Growing popularity of renewable energy sources such as solar and wind power
- Proliferation of electric vehicles and consequent increase in demand for high voltage testing and measurement equipment
- Technological advancements that have led to development of more sophisticated and accurate high voltage measuring equipment
Scope Of The Report
Report Attributes
Report Details
Report Title
High Voltage Measuring Equipment Market Research Report
By Type
High Voltage (35-400kV), Extra High Voltage (401-800kV), Ultra High Voltage (Above 800kV)
By Application
Power Generation (Substation), Power Transmission, Industrial, Others
By Companies
ABB, GE Grid Solutions, Siemens AG, Maxwell Technologies, Schneider Electric, BHEL, Crompton Greaves, Shanghai Electric Group, Bharat Heavy Electricals, Hunan Electric Power Insulator & Apparatus, ABB, Ross Engineering, Arteche 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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global High Voltage Measuring Equipment Market Report Segments:
The global High Voltage Measuring Equipment market is segmented on the basis of:
Types
High Voltage (35-400kV), Extra High Voltage (401-800kV), Ultra High Voltage (Above 800kV)
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
Power Generation (Substation), Power Transmission, Industrial, Others
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:
- ABB
- GE Grid Solutions
- Siemens AG
- Maxwell Technologies
- Schneider Electric
- BHEL
- Crompton Greaves
- Shanghai Electric Group
- Bharat Heavy Electricals
- Hunan Electric Power Insulator & Apparatus
- ABB
- Ross Engineering
- Arteche Group
Highlights of The High Voltage Measuring 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:
- High Voltage (35-400kV)
- Extra High Voltage (401-800kV)
- Ultra High Voltage (Above 800kV)
- By Application:
- Power Generation (Substation)
- Power Transmission
- Industrial
- Others
- 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 High Voltage Measuring 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
High voltage measuring equipment is used to measure voltages above 100,000 volts. This equipment is used in laboratories and industrial settings to test electrical systems and components.
Some of the major companies in the high voltage measuring equipment market are ABB, GE Grid Solutions, Siemens AG, Maxwell Technologies, Schneider Electric, BHEL, Crompton Greaves, Shanghai Electric Group, Bharat Heavy Electricals, Hunan Electric Power Insulator & Apparatus, ABB, Ross Engineering, Arteche Group.
The high voltage measuring equipment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Voltage Measuring Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Voltage Measuring Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Voltage Measuring Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Voltage Measuring Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Voltage Measuring Equipment Market Size & Forecast, 2018-2028
4.5.1 High Voltage Measuring Equipment Market Size and Y-o-Y Growth
4.5.2 High Voltage Measuring Equipment Market Absolute $ Opportunity
Chapter 5 Global High Voltage Measuring Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Voltage Measuring Equipment Market Size Forecast by Type
5.2.1 High Voltage (35-400kV)
5.2.2 Extra High Voltage (401-800kV)
5.2.3 Ultra High Voltage (Above 800kV)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Voltage Measuring Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Voltage Measuring Equipment Market Size Forecast by Applications
6.2.1 Power Generation (Substation)
6.2.2 Power Transmission
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Voltage Measuring Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Voltage Measuring Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Voltage Measuring Equipment Analysis and Forecast
9.1 Introduction
9.2 North America High Voltage Measuring Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Voltage Measuring Equipment Market Size Forecast by Type
9.6.1 High Voltage (35-400kV)
9.6.2 Extra High Voltage (401-800kV)
9.6.3 Ultra High Voltage (Above 800kV)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Voltage Measuring Equipment Market Size Forecast by Applications
9.10.1 Power Generation (Substation)
9.10.2 Power Transmission
9.10.3 Industrial
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Voltage Measuring Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe High Voltage Measuring Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Voltage Measuring Equipment Market Size Forecast by Type
10.6.1 High Voltage (35-400kV)
10.6.2 Extra High Voltage (401-800kV)
10.6.3 Ultra High Voltage (Above 800kV)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Voltage Measuring Equipment Market Size Forecast by Applications
10.10.1 Power Generation (Substation)
10.10.2 Power Transmission
10.10.3 Industrial
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Voltage Measuring Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Voltage Measuring Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Voltage Measuring Equipment Market Size Forecast by Type
11.6.1 High Voltage (35-400kV)
11.6.2 Extra High Voltage (401-800kV)
11.6.3 Ultra High Voltage (Above 800kV)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Voltage Measuring Equipment Market Size Forecast by Applications
11.10.1 Power Generation (Substation)
11.10.2 Power Transmission
11.10.3 Industrial
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Voltage Measuring Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America High Voltage Measuring Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Voltage Measuring Equipment Market Size Forecast by Type
12.6.1 High Voltage (35-400kV)
12.6.2 Extra High Voltage (401-800kV)
12.6.3 Ultra High Voltage (Above 800kV)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Voltage Measuring Equipment Market Size Forecast by Applications
12.10.1 Power Generation (Substation)
12.10.2 Power Transmission
12.10.3 Industrial
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Voltage Measuring Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Voltage Measuring Equipment Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Voltage Measuring Equipment Market Size Forecast by Type
13.6.1 High Voltage (35-400kV)
13.6.2 Extra High Voltage (401-800kV)
13.6.3 Ultra High Voltage (Above 800kV)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Voltage Measuring Equipment Market Size Forecast by Applications
13.10.1 Power Generation (Substation)
13.10.2 Power Transmission
13.10.3 Industrial
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Voltage Measuring Equipment Market: Competitive Dashboard
14.2 Global High Voltage Measuring Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 GE Grid Solutions
14.3.3 Siemens AG
14.3.4 Maxwell Technologies
14.3.5 Schneider Electric
14.3.6 BHEL
14.3.7 Crompton Greaves
14.3.8 Shanghai Electric Group
14.3.9 Bharat Heavy Electricals
14.3.10 Hunan Electric Power Insulator & Apparatus
14.3.11 ABB
14.3.12 Ross Engineering
14.3.13 Arteche Group
