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Extra High Voltage Devices Market Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Hitachi ABB Power Grids, Alstom, TBEA, SGB-SMIT

08 Apr, 2022 | 158 Pages
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The global market for Extra High Voltage Devices is expected to register a CAGR of more than 5.9% during the forecast period 2022-2027.



Extra High Voltage Devices Market Overview



Extra High Voltage Devices becomes the integral part of the transmission and distribution network. Power transmission includes equipment such as transformers and reactive compensation, breaker, protection and control and communication equipment and others. Continuously growing energy demand will continue to be the central market driver for transmission equipment. Increasing implementation of smart grid across major countries, replacement and upgrade of aging transmission infrastructure and new capacity additions of generation, including renewable, and transmission are the key market drivers of the Extra High Voltage Devices market. Extra High Voltage Devices typically include power transformer, switchgears, control equipment, communicating devices, insulators, and so on. Power transformers and instrument transformers are the devices used in transmission network of higher voltages for step-up and step-down application (400 kV, 200 kV, 110 kV, 66 kV, 33kV). Report also includes the segmentation based on equipment used for different voltage level such as Ultra High Voltage (UHV), Extra High Voltage (EHV), High Voltage Direct Current (HVDC), and High Voltage (HV).



Industrial development, in conjunction with smart grid implementation in both developed and developing countries, is a major factor driving growth in the global high voltage equipment market growth. In addition, rising industrial demand for electricity and the upgrading of transmission network infrastructure are expected to drive growth in the global high voltage equipment market.



Recent Developments



In November 2019, JinkoSolar had announced to supply 300 MW of its Tiger solar panels, described as an ultra-high voltage demonstration plant in China’s Qinghai’s province. The project is connected to an ultra-high voltage power line that State Grid Corp. of China is building to connect the far northwestern part of the country to the more heavily populated eastern provinces.



What are the major Applications, Types and Regions for Extra High Voltage Devices Market?



Extra High Voltage Devices Market is segmented based on the type, applications, companies and regions.



By Type, it is segmented into




  • Transformer

  • Switch

  • Others



By Applications, it is segmented into




  • Residential Electricity

  • Commercial Electricity

  • Industrial Electricity

  • Others



Extra High Voltage Devices Market Regional Analysis



All these factors greatly affect the Extra High Voltage Devices market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Extra High Voltage Devices Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Extra High Voltage Devices Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Extra High Voltage Devices Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 5.9% over the forecast period (2022-2027)



By Type




  • Transformer

  • Switch

  • Others



By Application




  • Residential Electricity

  • Commercial Electricity

  • Industrial Electricity

  • Others



By Companies



Hitachi ABB Power Grids, Alstom, TBEA, SGB-SMIT, Mitsubishi Electric, SIEMENS, JSHP Transformer, GE, Schneider, SPX, Weg, Dachi Electric, TOSHIBA, Efacec, Crompton Greaves, Sanbian Sci-Tech, Luneng, ZTR, Chint, Hyundai, Qingdao Transformer Group, JinkoSolar, Eaton, Daihen, Fuji Electric, Sunten Electric, Qiantang River Electric



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



158



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Extra High Voltage Devices Report




  • Evaluate Extra High Voltage Devices market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Extra High Voltage Devices market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.



Frequently Asked Questions



What is the growth rate of Extra High Voltage Devices Market?



The Extra High Voltage Devices Market is growing at a CAGR of 5.9% over the next 5 years.



Who are the key players in Extra High Voltage Devices Market?



Hitachi ABB Power Grids, Alstom, TBEA, SGB-SMIT, Mitsubishi Electric, SIEMENS, JSHP Transformer, GE, Schneider, SPX, Weg, Dachi Electric, TOSHIBA, Efacec, Crompton Greaves, Sanbian Sci-Tech, Luneng, ZTR, Chint, Hyundai, Qingdao Transformer Group, JinkoSolar, Eaton, Daihen, Fuji Electric, Sunten Electric, Qiantang River Electric



What are the significant types of Extra High Voltage Devices Market?



Transformer, Switch, Others



What are the major end-use applications of Extra High Voltage Devices Market?



Residential Electricity, Commercial Electricity, Industrial Electricity, Others



How can I get a sample report/company profiles for the Extra High Voltage Devices Market?



The sample report for Extra High Voltage Devices Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH

      4. RESEARCH FLOW





  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL EXTRA HIGH VOLTAGE DEVICES MARKET BY TYPES

    3. GLOBAL EXTRA HIGH VOLTAGE DEVICES MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR EXTRA HIGH VOLTAGE DEVICES



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. EXTRA HIGH VOLTAGE DEVICES GROWTH

      2. APPLICATION OF EXTRA HIGH VOLTAGE DEVICES



    4. IMPACT OF COVID 19



  5. GLOBAL EXTRA HIGH VOLTAGE DEVICES MARKET, BY TYPES

    1.     Introduction

    2.     Transformer

    3.     Switch

    4.     Others             



  6. GLOBAL EXTRA HIGH VOLTAGE DEVICES MARKET, BY APPLICATION

    1.     Introduction

    2.     Residential Electricity

    3.     Commercial Electricity

    4.     Industrial Electricity

    5.     Others   



  7. GLOBAL EXTRA HIGH VOLTAGE DEVICES MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. Hitachi ABB Power Grids,

      2. Alstom,

      3. TBEA,

      4. SGB-SMIT,

      5. Mitsubishi Electric,

      6. SIEMENS,

      7. JSHP Transformer,

      8. GE,

      9. Schneider,

      10. SPX,

      11. Weg,

      12. Dachi Electric,

      13. TOSHIBA,

      14. Efacec,

      15. Crompton Greaves,

      16. Sanbian Sci-Tech,

      17. Luneng, ZTR,

      18. Chint,

      19. Hyundai,

      20. Qingdao Transformer Group,

      21. JinkoSolar, Eaton

      22. Daihen,

      23. Fuji Electric,

      24. Sunten Electric,

      25. Qiantang River Electric





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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