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Increased demand for High Voltage Switchgear Market Will Reach At CAGR Of 11.77% Between 2017-2021

Press Release   •   Jun 06, 2017 06:03 EDT

About High Voltage Switchgear

Switchgear is a highly integral electrical transmission and distribution (T&D) equipment that comprises of a combination of electrical disconnect switches, circuit breakers and fuses. Switchgears find application not only to de-energize a particular electrical equipment for maintenance work but also helps in clearing faults downstream.

Technavios analysts forecast the global high voltage switchgear market to grow at a CAGR of 11.77% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global high voltage switchgear market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global High Voltage Switchgear Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

ABB

GE

Mitsubishi Electric

Siemens

Toshiba

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Other prominent vendors

TGOOD Global

SkipperSeil

SHANDONG TAIKAI POWER ENGINEERING

Jiangsu Jingke Smart Electrical (Jingke Group)

Ningbo Tianan (Group)

Silverstone Electric

Xian Electric Engineering

CHINA XD GROUP

BHEL (Bharat Heavy Electricals Limited)

CG Global

Eaton

Hyosung

Lucy Electric

MEIDENSHA CORPORATION

Methode Electronics

G&W

KONAR - Electrical Industry

Bowers Electricals

East Coast Power Systems

New Northeast Electric Group High Voltage Switchgear

Electro-Mechanical Corporation (federal-Pacific)

Hitachi

S&C Electric Company

Market driver

Increased demand for electricity in emerging countries

For a full, detailed list, view our report

Market challenge

High cost of upgrading distribution networks and weak financial health of distribution sector

For a full, detailed list, view our report

Market trend

PASS system available for operation up to 420 kV

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

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