High Voltage (HV) Switchgear - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global HV Switchgear Market is accounted for $10.65 billion in 2017 and is expected to reach $18.93 billion by 2026 growing at a CAGR of 6.6% during the forecast period. Increase in government initiatives for the modernization of existing transmission and distribution network is expected to propel demand for high-voltage switchgears during the forecast period. However, high installation costs might restrain the expansion of the global high voltage switchgear market.
HV Switchgear is the integral part of the power network system right from generation to transmission & distribution in the power market. Switchgear ensures switching of the equipment and circuits in a power system when there is a condition of fault. The basic function of switchgear is to trip the electric power and to protect the equipment in the event of abnormal conditions such as a short circuit or when the operational parameters vary from the normal. Switchgear comprises of circuit breaker, current transformer, voltage transformer, protection relay, measuring instrument, electrical switch, electrical fuse, miniature circuit breaker, lightening arrestor or surge arrestor, electrical isolator and other associated equipment. Different voltage levels have different fault levels hence various types of switchgear assemblies are offered depending on the type of voltages and applications.
Based on type, Gas-insulated switchgears have several benefits over air-insulated switchgears and are expected to be the most preferred switchgear across the world. By Geography, Asia-Pacific is constantly enhancing due to the growing industrialization and urbanization in the HV Switchgear market.
Some of the key players profiled in the HV Switchgear market include Mitsubishi Electric Systems, Schneider Electric, Toshiba, ABB, GE, Siemens AG, Larson & Turbo, Hitachi Ltd., Crompton Greaves, Hubbell, Powell Industries, BHEL, Hyosung, Rittal, Hyundai Ideal Electric Co. and Meidensha Corporation.
• Air Insulated
• Gas Insulated
• Oil Insulated
• Other Types
• American National Standards Institute (ANSI) Standard
• International Electrotechnical Commission (IEC) Standard
• Other Standards
• Circuit Breaker
• Measuring Instruments
• Other Components
• Air-Insulated Switchgears
• Gas-Insulated Switchgears
• Other Insulations
• Infrastructure Development
• Oil & Gas
• Power Generation
• Processing & Manufacturing
• Transmission & Distribution
• Utilities Sector
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Table of Contents
1 Executive Summary
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
3 Market Trend Analysis
3.6 Application Analysis
3.7 Emerging Markets
3.8 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global HV Switchgear Market, By Type
5.2 Air Insulated
5.3 Gas Insulated
5.4 Oil Insulated
5.5 Other Types
6 Global HV Switchgear Market, By Standard
6.2 American National Standards Institute (ANSI) Standard
6.3 International Electrotechnical Commission (IEC) Standard
6.4 Other Standards
7 Global HV Switchgear Market, By Component
7.2 Circuit Breaker
7.3 Measuring Instruments
7.6 Other Components
8 Global HV Switchgear Market, By Insulation
8.2 Air-Insulated Switchgears
8.2.1 Non SF6
8.3 Gas-Insulated Switchgears
8.3.1 Non SF6
8.4 Other Insulations
9 Global HV Switchgear Market, By Application
9.3 Infrastructure Development
9.4 Oil & Gas
9.5 Power Generation
9.6 Processing & Manufacturing
9.7 Transmission & Distribution
9.9 Utilities Sector
9.10 Other Applications
10 Global HV Switchgear Market, By Geography
10.2 North America
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.5 Other Key Strategies
12 Company Profiling
12.1 Mitsubishi Electric Systems
12.2 Schneider Electric
12.6 Siemens AG
12.7 Larson & Turbo
12.8 Hitachi Ltd.
12.9 Crompton Greaves
12.10 Hubbell, Powell Industries
12.14 Hyundai Ideal Electric Co.
12.15 Meidensha Corporation
List of Tables
1 Global HV Switchgear Market Outlook, By Region (2016-2026) ($MN)
2 Global HV Switchgear Market Outlook, By Type (2016-2026) ($MN)
3 Global HV Switchgear Market Outlook, By Air Insulated (2016-2026) ($MN)
4 Global HV Switchgear Market Outlook, By Gas Insulated (2016-2026) ($MN)
5 Global HV Switchgear Market Outlook, By Oil Insulated (2016-2026) ($MN)
6 Global HV Switchgear Market Outlook, By Other Types (2016-2026) ($MN)
7 Global HV Switchgear Market Outlook, By Standard (2016-2026) ($MN)
8 Global HV Switchgear Market Outlook, By American National Standards Institute (ANSI) Standard (2016-2026) ($MN)
9 Global HV Switchgear Market Outlook, By International Electrotechnical Commission (IEC) Standard (2016-2026) ($MN)
10 Global HV Switchgear Market Outlook, By Other Standards (2016-2026) ($MN)
11 Global HV Switchgear Market Outlook, By Component (2016-2026) ($MN)
12 Global HV Switchgear Market Outlook, By Circuit Breaker (2016-2026) ($MN)
13 Global HV Switchgear Market Outlook, By Measuring Instruments (2016-2026) ($MN)
14 Global HV Switchgear Market Outlook, By Relays (2016-2026) ($MN)
15 Global HV Switchgear Market Outlook, By Transformers (2016-2026) ($MN)
16 Global HV Switchgear Market Outlook, By Other Components (2016-2026) ($MN)
17 Global HV Switchgear Market Outlook, By Insulation (2016-2026) ($MN)
18 Global HV Switchgear Market Outlook, By Air-Insulated Switchgears (2016-2026) ($MN)
19 Global HV Switchgear Market Outlook, By Non SF6 (2016-2026) ($MN)
20 Global HV Switchgear Market Outlook, By SF6 (2016-2026) ($MN)
21 Global HV Switchgear Market Outlook, By Gas-Insulated Switchgears (2016-2026) ($MN)
22 Global HV Switchgear Market Outlook, By Non SF6 (2016-2026) ($MN)
23 Global HV Switchgear Market Outlook, By SF6 (2016-2026) ($MN)
24 Global HV Switchgear Market Outlook, By Other Insulations (2016-2026) ($MN)
25 Global HV Switchgear Market Outlook, By Oil (2016-2026) ($MN)
26 Global HV Switchgear Market Outlook, By Vacuum (2016-2026) ($MN)
27 Global HV Switchgear Market Outlook, By Application (2016-2026) ($MN)
28 Global HV Switchgear Market Outlook, By Industrial (2016-2026) ($MN)
29 Global HV Switchgear Market Outlook, By Infrastructure Development (2016-2026) ($MN)
30 Global HV Switchgear Market Outlook, By Oil & Gas (2016-2026) ($MN)
31 Global HV Switchgear Market Outlook, By Power Generation (2016-2026) ($MN)
32 Global HV Switchgear Market Outlook, By Processing & Manufacturing (2016-2026) ($MN)
33 Global HV Switchgear Market Outlook, By Transmission & Distribution (2016-2026) ($MN)
34 Global HV Switchgear Market Outlook, By Transportation (2016-2026) ($MN)
35 Global HV Switchgear Market Outlook, By Utilities Sector (2016-2026) ($MN)
36 Global HV Switchgear Market Outlook, By Other Applications (2016-2026) ($MN)
NOTE: The tables for North America, Europe, APAC, Middle East, Latin America, and Rest of the World Regions are also represented in the same manner as above.
List of Figures
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