QY Research, Inc.

Global Electric Power Transmission Equipment Market Is Supposed to Grow at US$ 3700 Mn by 2025

Electric Power Transmission Equipment Market- New Research Report Announced with business priorities in order to assist companies to realign their business strategies.

 

Los Angeles, CA -- (SBWIRE) -- 02/16/2019 -- Transmission of electric power is transfer of bulk electrical energy to substations from power generating plants. Electrical transmission is distinct from electrical distribution, in terms of carrying large quantities of high voltage power over large distances; thus there are differences in the equipment used for each. In this report, products demanded are transformers and switchgear and many other products.

The global electric power transmission equipment industry mainly concentrates in United States, Europe, Japan, China and India. The global leading players in this market are ABB, Siemens, Schneider Electric and Hitachi, which accounts for 34.89% of total production value. In China the market leaders are China XD Group, TBEA and Shanghai Electric.

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Despite the presence of competition problems, due to the electricity infrastructure investment plan of each country, Africa, India and some emerging markets still have great potential for growth in the future. Due to the clear global recovery trend, investors are still optimistic about this area, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.

The global Electric Power Transmission Equipment market is valued at 37700 million US$ in 2018 is expected to reach 49800 million US$ by the end of 2025, growing at a CAGR of 3.5% during 2019-2025.

This report focuses on Electric Power Transmission Equipment volume and value at global level, regional level and company level. From a global perspective, this report represents overall Electric Power Transmission Equipment market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

Alstom, ABB, GE, Schneider, Siemens, Eaton, Mitsubishi Electric, Toshiba, Hitachi, Fuji Electric, Hubbell, MEIDEN, Tatung, China XD Group, TBEA, BTW group, JSHP Transformer, Pinggao Electric, NHVS, CHINT Group

Segment by Type

Transformers, High-voltage Switchgears, Vacuum Circuit Breakers, Lightning Arresters, Others

Segment by Application

Residential Power Systems, Commercial Power Systems

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