HIGH VOLTAGE EQUIPMENT MARKET ANALYSIS

Regional Analysis

Global High Voltage Equipment Market: Regional Insights

Asia Pacific held dominant position in the global High Voltage Equipment market in 2022, accounting for 37.1% share in terms of value, followed by Europe

In terms of revenue, Asia Pacific high voltage equipment market accounted for the largest share of 37.1% in 2022, followed by Europe. As most of the European countries focus on high energy independence and a shift towards a less oil intensive sector, the region contributed 24.8% revenue share in the global high voltage equipment market in 2022. The electrical and electronics industry in Europe is focused on increasing investments in production automation and transition to new production processes thus increasing demand for robotics, integrated assembly solutions (IAS), which is fueling growth of the high voltage equipment market in Europe. European transmission and distribution companies design, manufacture, and install high- and medium-voltage products to transmit and distribute electricity from generation to the end user worldwide. Major companies in Europe are focused on acquiring contracts to enhance their market share.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa