High-voltage equipment market is anticipated to grow at a CAGR of 6.4% during the forecast period. High-voltage equipment typically includes power transformers, switchgear, control equipment, communication devices, insulators, and so on. When electricity is transmitted over long distances, there are inherent energy losses along the way. High voltage transmission reduces the amount of power lost as electricity flows from one location to another. Further, high-voltage equipment has applications for research purposes in labs, the particle accelerator in nuclear labs, medical devices, and industrial equipment for instance, high-voltage resistors are used for medical equipment such as X-Ray and High voltage potential treatment, PET, CT scans (X-Ray), Roentgen X-Ray (Examination for baggage, Dentist) and others.
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The global high-voltage equipment market is segmented based on the equipment and voltage level. Based on the equipment, the market is sub-segmented into switches, power transformer, instrument transformers, reactive power equipment, insulator, control equipment, relay panel, carrier cabinet, communication equipment, SCADA, earthing material, and battery set. Based on the voltage level, the market is sub-segmented into 4 UHV (800 kV and above), EHV (200 kV and above, HVDC (500 kV DC), and HV (66 kV to 200 kV).
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global High Voltage Equipment Market by Equipment
- Switches
- Power Transformer
- Instrument Transformer
- Reactive Power Equipment
- Insulator
- Control Equipment
- Relay Panel
- Carrier Cabinet
- Communication Equipment
- SCADA
- Earthing Material
- Battery Set
Global High Voltage Equipment Market by Voltage Level
- 4 UHV-Ultra high voltage ( 800 kV and Above)
- EHV (Extra-High Voltage) (200 KV and above)
- HVDC (High-Voltage Direct Current) (500 kV DC)
- HV (High Voltage) (66 kV to 200 kV)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- ABB Ltd.
- Alstom SA
- ATB Schorch GmbH
- Bharat Heavy Electricals Ltd.
- Crompton Greaves Ltd.
- Delta Electronics, Inc.
- Encore Wire Corp.
- Finolex Cables Ltd
- Firma EBEHAKO GmbH
- Fuji Electric
- HV TECHNOLOGIES, Inc.
- Larsen & Toubro Ltd.
- Meidensha Corp.
- Nexans
- NKT A/S
- NR Electric Co., Ltd.
- Powell Industries, Inc.
- Siemens AG
- Tebian Electric Apparatus
- Wisman High Voltage Power Supply Corp.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global high voltage equipment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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