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Global Electric Power Transmission Equipment Market Research Report 2025
Synopsis
The Electric Power Transmission Equipment industry can be broken down into several segments, Transformers, Switchgear, etc.
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 market was valued at US$ 22240 million in 2023 and is anticipated to reach US$ 27990 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
The global electric power transmission equipment industry mainly concentrates in North America, Europe, Asia-pacific. Asia-Pacific occupied the largest revenue market share with about 41% in 2019. It is followed by Europe and North America, while other regions have smaller market.
For the major players of Electric Power Transmission Equipment, Hitachi (ABB) maintained its first place in the ranking in 2019, followed by Siemens, GE, Schneider Electric and Eaton, The top 5 players accounts for about 56% of global market value.
This report aims to provide a comprehensive presentation of the global market for Electric Power Transmission Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Power Transmission Equipment.
Report Scope
The Electric Power Transmission Equipment market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Power Transmission Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Power Transmission Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Hitachi (ABB)
Siemens
GE
Schneider Electric
Eaton
BHEL
TBEA
HYOSUNG
China XD Group
Mitsubishi Electric
Toshiba
Crompton Greaves
SPX Transformer Solutions
Fuji Electric
Shanghai Electric
Baoding Tianwei
Segment by Type
Transformers
Switchgear
Others
Segment by Application
Fossil Fuel Fired Power
Renewable Energy
Others
Production by Region
North America
Europe
China
Japan
India
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Power Transmission Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Power Transmission Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Power Transmission Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The Electric Power Transmission Equipment industry can be broken down into several segments, Transformers, Switchgear, etc.
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 market was valued at US$ 22240 million in 2023 and is anticipated to reach US$ 27990 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
The global electric power transmission equipment industry mainly concentrates in North America, Europe, Asia-pacific. Asia-Pacific occupied the largest revenue market share with about 41% in 2019. It is followed by Europe and North America, while other regions have smaller market.
For the major players of Electric Power Transmission Equipment, Hitachi (ABB) maintained its first place in the ranking in 2019, followed by Siemens, GE, Schneider Electric and Eaton, The top 5 players accounts for about 56% of global market value.
This report aims to provide a comprehensive presentation of the global market for Electric Power Transmission Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Power Transmission Equipment.
Report Scope
The Electric Power Transmission Equipment market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Power Transmission Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Power Transmission Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Hitachi (ABB)
Siemens
GE
Schneider Electric
Eaton
BHEL
TBEA
HYOSUNG
China XD Group
Mitsubishi Electric
Toshiba
Crompton Greaves
SPX Transformer Solutions
Fuji Electric
Shanghai Electric
Baoding Tianwei
Segment by Type
Transformers
Switchgear
Others
Segment by Application
Fossil Fuel Fired Power
Renewable Energy
Others
Production by Region
North America
Europe
China
Japan
India
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Power Transmission Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Power Transmission Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Power Transmission Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Electric Power Transmission Equipment Market Overview
1.1 Product Definition
1.2 Electric Power Transmission Equipment Segment by Type
1.2.1 Global Electric Power Transmission Equipment Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Transformers
1.2.3 Switchgear
1.2.4 Others
1.3 Electric Power Transmission Equipment Segment by Application
1.3.1 Global Electric Power Transmission Equipment Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Fossil Fuel Fired Power
1.3.3 Renewable Energy
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Electric Power Transmission Equipment Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electric Power Transmission Equipment Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electric Power Transmission Equipment Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electric Power Transmission Equipment Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electric Power Transmission Equipment Production Market Share by Manufacturers (2019-2024)
2.2 Global Electric Power Transmission Equipment Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electric Power Transmission Equipment, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electric Power Transmission Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electric Power Transmission Equipment Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electric Power Transmission Equipment, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electric Power Transmission Equipment, Product Offered and Application
2.8 Global Key Manufacturers of Electric Power Transmission Equipment, Date of Enter into This Industry
2.9 Electric Power Transmission Equipment Market Competitive Situation and Trends
2.9.1 Electric Power Transmission Equipment Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electric Power Transmission Equipment Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electric Power Transmission Equipment Production by Region
3.1 Global Electric Power Transmission Equipment Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electric Power Transmission Equipment Production Value by Region (2019-2030)
3.2.1 Global Electric Power Transmission Equipment Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electric Power Transmission Equipment by Region (2025-2030)
3.3 Global Electric Power Transmission Equipment Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electric Power Transmission Equipment Production by Region (2019-2030)
3.4.1 Global Electric Power Transmission Equipment Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electric Power Transmission Equipment by Region (2025-2030)
3.5 Global Electric Power Transmission Equipment Market Price Analysis by Region (2019-2024)
3.6 Global Electric Power Transmission Equipment Production and Value, Year-over-Year Growth
3.6.1 North America Electric Power Transmission Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electric Power Transmission Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Electric Power Transmission Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Electric Power Transmission Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.5 India Electric Power Transmission Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.6 South Korea Electric Power Transmission Equipment Production Value Estimates and Forecasts (2019-2030)
4 Electric Power Transmission Equipment Consumption by Region
4.1 Global Electric Power Transmission Equipment Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electric Power Transmission Equipment Consumption by Region (2019-2030)
4.2.1 Global Electric Power Transmission Equipment Consumption by Region (2019-2024)
4.2.2 Global Electric Power Transmission Equipment Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electric Power Transmission Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electric Power Transmission Equipment Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electric Power Transmission Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electric Power Transmission Equipment Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Electric Power Transmission Equipment Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electric Power Transmission Equipment Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electric Power Transmission Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electric Power Transmission Equipment Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Electric Power Transmission Equipment Production by Type (2019-2030)
5.1.1 Global Electric Power Transmission Equipment Production by Type (2019-2024)
5.1.2 Global Electric Power Transmission Equipment Production by Type (2025-2030)
5.1.3 Global Electric Power Transmission Equipment Production Market Share by Type (2019-2030)
5.2 Global Electric Power Transmission Equipment Production Value by Type (2019-2030)
5.2.1 Global Electric Power Transmission Equipment Production Value by Type (2019-2024)
5.2.2 Global Electric Power Transmission Equipment Production Value by Type (2025-2030)
5.2.3 Global Electric Power Transmission Equipment Production Value Market Share by Type (2019-2030)
5.3 Global Electric Power Transmission Equipment Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electric Power Transmission Equipment Production by Application (2019-2030)
6.1.1 Global Electric Power Transmission Equipment Production by Application (2019-2024)
6.1.2 Global Electric Power Transmission Equipment Production by Application (2025-2030)
6.1.3 Global Electric Power Transmission Equipment Production Market Share by Application (2019-2030)
6.2 Global Electric Power Transmission Equipment Production Value by Application (2019-2030)
6.2.1 Global Electric Power Transmission Equipment Production Value by Application (2019-2024)
6.2.2 Global Electric Power Transmission Equipment Production Value by Application (2025-2030)
6.2.3 Global Electric Power Transmission Equipment Production Value Market Share by Application (2019-2030)
6.3 Global Electric Power Transmission Equipment Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Hitachi (ABB)
7.1.1 Hitachi (ABB) Electric Power Transmission Equipment Corporation Information
7.1.2 Hitachi (ABB) Electric Power Transmission Equipment Product Portfolio
7.1.3 Hitachi (ABB) Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Hitachi (ABB) Main Business and Markets Served
7.1.5 Hitachi (ABB) Recent Developments/Updates
7.2 Siemens
7.2.1 Siemens Electric Power Transmission Equipment Corporation Information
7.2.2 Siemens Electric Power Transmission Equipment Product Portfolio
7.2.3 Siemens Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 GE
7.3.1 GE Electric Power Transmission Equipment Corporation Information
7.3.2 GE Electric Power Transmission Equipment Product Portfolio
7.3.3 GE Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.3.4 GE Main Business and Markets Served
7.3.5 GE Recent Developments/Updates
7.4 Schneider Electric
7.4.1 Schneider Electric Electric Power Transmission Equipment Corporation Information
7.4.2 Schneider Electric Electric Power Transmission Equipment Product Portfolio
7.4.3 Schneider Electric Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Schneider Electric Main Business and Markets Served
7.4.5 Schneider Electric Recent Developments/Updates
7.5 Eaton
7.5.1 Eaton Electric Power Transmission Equipment Corporation Information
7.5.2 Eaton Electric Power Transmission Equipment Product Portfolio
7.5.3 Eaton Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Eaton Main Business and Markets Served
7.5.5 Eaton Recent Developments/Updates
7.6 BHEL
7.6.1 BHEL Electric Power Transmission Equipment Corporation Information
7.6.2 BHEL Electric Power Transmission Equipment Product Portfolio
7.6.3 BHEL Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.6.4 BHEL Main Business and Markets Served
7.6.5 BHEL Recent Developments/Updates
7.7 TBEA
7.7.1 TBEA Electric Power Transmission Equipment Corporation Information
7.7.2 TBEA Electric Power Transmission Equipment Product Portfolio
7.7.3 TBEA Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.7.4 TBEA Main Business and Markets Served
7.7.5 TBEA Recent Developments/Updates
7.8 HYOSUNG
7.8.1 HYOSUNG Electric Power Transmission Equipment Corporation Information
7.8.2 HYOSUNG Electric Power Transmission Equipment Product Portfolio
7.8.3 HYOSUNG Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.8.4 HYOSUNG Main Business and Markets Served
7.7.5 HYOSUNG Recent Developments/Updates
7.9 China XD Group
7.9.1 China XD Group Electric Power Transmission Equipment Corporation Information
7.9.2 China XD Group Electric Power Transmission Equipment Product Portfolio
7.9.3 China XD Group Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.9.4 China XD Group Main Business and Markets Served
7.9.5 China XD Group Recent Developments/Updates
7.10 Mitsubishi Electric
7.10.1 Mitsubishi Electric Electric Power Transmission Equipment Corporation Information
7.10.2 Mitsubishi Electric Electric Power Transmission Equipment Product Portfolio
7.10.3 Mitsubishi Electric Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Mitsubishi Electric Main Business and Markets Served
7.10.5 Mitsubishi Electric Recent Developments/Updates
7.11 Toshiba
7.11.1 Toshiba Electric Power Transmission Equipment Corporation Information
7.11.2 Toshiba Electric Power Transmission Equipment Product Portfolio
7.11.3 Toshiba Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Toshiba Main Business and Markets Served
7.11.5 Toshiba Recent Developments/Updates
7.12 Crompton Greaves
7.12.1 Crompton Greaves Electric Power Transmission Equipment Corporation Information
7.12.2 Crompton Greaves Electric Power Transmission Equipment Product Portfolio
7.12.3 Crompton Greaves Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Crompton Greaves Main Business and Markets Served
7.12.5 Crompton Greaves Recent Developments/Updates
7.13 SPX Transformer Solutions
7.13.1 SPX Transformer Solutions Electric Power Transmission Equipment Corporation Information
7.13.2 SPX Transformer Solutions Electric Power Transmission Equipment Product Portfolio
7.13.3 SPX Transformer Solutions Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.13.4 SPX Transformer Solutions Main Business and Markets Served
7.13.5 SPX Transformer Solutions Recent Developments/Updates
7.14 Fuji Electric
7.14.1 Fuji Electric Electric Power Transmission Equipment Corporation Information
7.14.2 Fuji Electric Electric Power Transmission Equipment Product Portfolio
7.14.3 Fuji Electric Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Fuji Electric Main Business and Markets Served
7.14.5 Fuji Electric Recent Developments/Updates
7.15 Shanghai Electric
7.15.1 Shanghai Electric Electric Power Transmission Equipment Corporation Information
7.15.2 Shanghai Electric Electric Power Transmission Equipment Product Portfolio
7.15.3 Shanghai Electric Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Shanghai Electric Main Business and Markets Served
7.15.5 Shanghai Electric Recent Developments/Updates
7.16 Baoding Tianwei
7.16.1 Baoding Tianwei Electric Power Transmission Equipment Corporation Information
7.16.2 Baoding Tianwei Electric Power Transmission Equipment Product Portfolio
7.16.3 Baoding Tianwei Electric Power Transmission Equipment Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Baoding Tianwei Main Business and Markets Served
7.16.5 Baoding Tianwei Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electric Power Transmission Equipment Industry Chain Analysis
8.2 Electric Power Transmission Equipment Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electric Power Transmission Equipment Production Mode & Process
8.4 Electric Power Transmission Equipment Sales and Marketing
8.4.1 Electric Power Transmission Equipment Sales Channels
8.4.2 Electric Power Transmission Equipment Distributors
8.5 Electric Power Transmission Equipment Customers
9 Electric Power Transmission Equipment Market Dynamics
9.1 Electric Power Transmission Equipment Industry Trends
9.2 Electric Power Transmission Equipment Market Drivers
9.3 Electric Power Transmission Equipment Market Challenges
9.4 Electric Power Transmission Equipment Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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