Equipment that are capable of carrying high voltage current are known as high voltage equipment. Increasing demand for high voltage equipment in power transmission and distribution is driving growth of the high voltage equipment market. Moreover, high demand for electricity from emerging economies such as China and India, which leads to increasing power generation and distribution is also expected to boost the market growth. Asia Pacific is expected to be the fastest growing market in high voltage equipment market. Increasing demand for switchgears and transformers is the key factor propelling growth of the high voltage equipment market.

Market Dynamics:

High voltage equipment include power transformers, switchgears, control equipment, communicating devices, and insulators. All the mentioned equipment are preferably used in electronics devices and require high voltage electricity supply. Increasing demand for electricity in highly populated countries such as India and China has generated need for augmenting the power generation capacity, which is required to be transmitted by new and upgraded power transmission and distribution networks. Continuous infrastructure investments in power transmission and distribution equipment in developed and emerging regions is expected to augment demand for high voltage equipment. Furthermore, increasing demand for uninterrupted electricity supply in industrial sectors is expected to lead to high demand for high voltage equipment

Key features of the study:

• This report provides an in-depth analysis of the global High Voltage Equipment market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
• It profiles leading players in the cargo bike market based on the following parameters– regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers
• Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
• High Voltage Equipment market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the High Voltage Equipment market

Detailed Segmentation:

• Global High Voltage Equipment Market, By Equipment Type
  • Circuit Breaker
  • Disconnector
  • Insulator
  • Switchgear
  • Surge Arrester
  • Battery Set
  • Capacitors and Filters
  • Control Equipment
  • Switches
  • Others
• Global High Voltage Equipment Market, By Voltage Level
  • HV-Up to 200kV Voltage
  • EHV-200 to 800kV Voltage
  • HVDC-500kV Voltage
  • UHV-800kV & Above
• Global High Voltage Equipment Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • ABB Ltd
  • Siemens AG
  • Larsen & Toubro Limited
  • General Electric Company
  • Honeywell International, Inc.
  • Rockwell Automation, Inc.
  • Emerson Electric Co.
  • Mitsubishi Electric Corporation
  • Toshiba corporation
  • Hitachi Ltd.
  • Schneider Electric SE
  • Alstom SA
  • Fuji Electric