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Power Transmission Components-Global Market Insights and Sales Trends 2025
Synopsis
It is a well-known fact that modern power transmission components are designed to render long-term savings by providing uninterrupted power supply. With this backing, governments across the globe are incentivizing installations of new-age power transmission components to achieve significant energy savings.
The global Power Transmission Components market size is expected to reach US$ 74450 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Power Transmission Components in various end use industries. The expanding demands from the Commercial and Industrial, are propelling Power Transmission Components market. Transformer, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Circuit Breaker segment is estimated at % CAGR for the next seven-year period.
This move comes as world leaders are devising ways to achieve economic growth through sustainable means. Furthermore, the need to upgrade the old power plant infrastructure also has a positive impact on the market. However, the high cost of initial investment is discouraging power plants from investing in these components.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Power Transmission Components, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Power Transmission Components market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Power Transmission Components market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Power Transmission Components sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Power Transmission Components covered in this report include Toshiba, ABB, Raton, Siemens, Crompton Greaves, General Electric, Hitachi, Schneider and Mitsubishi, etc.
The global Power Transmission Components market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Toshiba
ABB
Raton
Siemens
Crompton Greaves
General Electric
Hitachi
Schneider
Mitsubishi
Hyundai
BHEL
Emerson
ZTT
L&T
Tebian Electric
Apar
Sterlite
KEC International
SAE
Aster
Global Power Transmission Components market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Power Transmission Components market, Segment by Type:
Transformer
Circuit Breaker
Isolator
Insulator
Arrestor
Transmission Line
Transmission Tower
Global Power Transmission Components market, by Application
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Power Transmission Components manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Power Transmission Components in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
It is a well-known fact that modern power transmission components are designed to render long-term savings by providing uninterrupted power supply. With this backing, governments across the globe are incentivizing installations of new-age power transmission components to achieve significant energy savings.
The global Power Transmission Components market size is expected to reach US$ 74450 million by 2029, growing at a CAGR of 3.4% from 2023 to 2029. The market is mainly driven by the significant applications of Power Transmission Components in various end use industries. The expanding demands from the Commercial and Industrial, are propelling Power Transmission Components market. Transformer, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Circuit Breaker segment is estimated at % CAGR for the next seven-year period.
This move comes as world leaders are devising ways to achieve economic growth through sustainable means. Furthermore, the need to upgrade the old power plant infrastructure also has a positive impact on the market. However, the high cost of initial investment is discouraging power plants from investing in these components.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Power Transmission Components, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Power Transmission Components market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Power Transmission Components market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Power Transmission Components sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Power Transmission Components covered in this report include Toshiba, ABB, Raton, Siemens, Crompton Greaves, General Electric, Hitachi, Schneider and Mitsubishi, etc.
The global Power Transmission Components market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Toshiba
ABB
Raton
Siemens
Crompton Greaves
General Electric
Hitachi
Schneider
Mitsubishi
Hyundai
BHEL
Emerson
ZTT
L&T
Tebian Electric
Apar
Sterlite
KEC International
SAE
Aster
Global Power Transmission Components market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Power Transmission Components market, Segment by Type:
Transformer
Circuit Breaker
Isolator
Insulator
Arrestor
Transmission Line
Transmission Tower
Global Power Transmission Components market, by Application
Commercial
Industrial
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Power Transmission Components manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Power Transmission Components in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Power Transmission Components Market Overview
1.1 Power Transmission Components Product Overview
1.2 Power Transmission Components Market Segment by Type
1.2.1 Transformer
1.2.2 Circuit Breaker
1.2.3 Isolator
1.2.4 Insulator
1.2.5 Arrestor
1.2.6 Transmission Line
1.2.7 Transmission Tower
1.3 Global Power Transmission Components Market Size by Type
1.3.1 Global Power Transmission Components Market Size Overview by Type (2018-2029)
1.3.2 Global Power Transmission Components Historic Market Size Review by Type (2018-2023)
1.3.3 Global Power Transmission Components Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Power Transmission Components Sales Breakdown by Type (2018-2023)
1.4.2 Europe Power Transmission Components Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Power Transmission Components Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Power Transmission Components Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Power Transmission Components Sales Breakdown by Type (2018-2023)
2 Global Power Transmission Components Market Competition by Company
2.1 Global Top Players by Power Transmission Components Sales (2018-2023)
2.2 Global Top Players by Power Transmission Components Revenue (2018-2023)
2.3 Global Top Players by Power Transmission Components Price (2018-2023)
2.4 Global Top Manufacturers Power Transmission Components Manufacturing Base Distribution, Sales Area, Product Type
2.5 Power Transmission Components Market Competitive Situation and Trends
2.5.1 Power Transmission Components Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Power Transmission Components Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Power Transmission Components as of 2022)
2.7 Date of Key Manufacturers Enter into Power Transmission Components Market
2.8 Key Manufacturers Power Transmission Components Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Power Transmission Components Status and Outlook by Region
3.1 Global Power Transmission Components Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Power Transmission Components Historic Market Size by Region
3.2.1 Global Power Transmission Components Sales in Volume by Region (2018-2023)
3.2.2 Global Power Transmission Components Sales in Value by Region (2018-2023)
3.2.3 Global Power Transmission Components Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Power Transmission Components Forecasted Market Size by Region
3.3.1 Global Power Transmission Components Sales in Volume by Region (2024-2029)
3.3.2 Global Power Transmission Components Sales in Value by Region (2024-2029)
3.3.3 Global Power Transmission Components Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Power Transmission Components by Application
4.1 Power Transmission Components Market Segment by Application
4.1.1 Commercial
4.1.2 Industrial
4.2 Global Power Transmission Components Market Size by Application
4.2.1 Global Power Transmission Components Market Size Overview by Application (2018-2029)
4.2.2 Global Power Transmission Components Historic Market Size Review by Application (2018-2023)
4.2.3 Global Power Transmission Components Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Power Transmission Components Sales Breakdown by Application (2018-2023)
4.3.2 Europe Power Transmission Components Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Power Transmission Components Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Power Transmission Components Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Power Transmission Components Sales Breakdown by Application (2018-2023)
5 North America Power Transmission Components by Country
5.1 North America Power Transmission Components Historic Market Size by Country
5.1.1 North America Power Transmission Components Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Power Transmission Components Sales in Volume by Country (2018-2023)
5.1.3 North America Power Transmission Components Sales in Value by Country (2018-2023)
5.2 North America Power Transmission Components Forecasted Market Size by Country
5.2.1 North America Power Transmission Components Sales in Volume by Country (2024-2029)
5.2.2 North America Power Transmission Components Sales in Value by Country (2024-2029)
6 Europe Power Transmission Components by Country
6.1 Europe Power Transmission Components Historic Market Size by Country
6.1.1 Europe Power Transmission Components Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Power Transmission Components Sales in Volume by Country (2018-2023)
6.1.3 Europe Power Transmission Components Sales in Value by Country (2018-2023)
6.2 Europe Power Transmission Components Forecasted Market Size by Country
6.2.1 Europe Power Transmission Components Sales in Volume by Country (2024-2029)
6.2.2 Europe Power Transmission Components Sales in Value by Country (2024-2029)
7 Asia-Pacific Power Transmission Components by Region
7.1 Asia-Pacific Power Transmission Components Historic Market Size by Region
7.1.1 Asia-Pacific Power Transmission Components Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Power Transmission Components Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Power Transmission Components Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Power Transmission Components Forecasted Market Size by Region
7.2.1 Asia-Pacific Power Transmission Components Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Power Transmission Components Sales in Value by Region (2024-2029)
8 Latin America Power Transmission Components by Country
8.1 Latin America Power Transmission Components Historic Market Size by Country
8.1.1 Latin America Power Transmission Components Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Power Transmission Components Sales in Volume by Country (2018-2023)
8.1.3 Latin America Power Transmission Components Sales in Value by Country (2018-2023)
8.2 Latin America Power Transmission Components Forecasted Market Size by Country
8.2.1 Latin America Power Transmission Components Sales in Volume by Country (2024-2029)
8.2.2 Latin America Power Transmission Components Sales in Value by Country (2024-2029)
9 Middle East and Africa Power Transmission Components by Country
9.1 Middle East and Africa Power Transmission Components Historic Market Size by Country
9.1.1 Middle East and Africa Power Transmission Components Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Power Transmission Components Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Power Transmission Components Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Power Transmission Components Forecasted Market Size by Country
9.2.1 Middle East and Africa Power Transmission Components Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Power Transmission Components Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Toshiba
10.1.1 Toshiba Company Information
10.1.2 Toshiba Introduction and Business Overview
10.1.3 Toshiba Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Toshiba Power Transmission Components Products Offered
10.1.5 Toshiba Recent Development
10.2 ABB
10.2.1 ABB Company Information
10.2.2 ABB Introduction and Business Overview
10.2.3 ABB Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.2.4 ABB Power Transmission Components Products Offered
10.2.5 ABB Recent Development
10.3 Raton
10.3.1 Raton Company Information
10.3.2 Raton Introduction and Business Overview
10.3.3 Raton Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Raton Power Transmission Components Products Offered
10.3.5 Raton Recent Development
10.4 Siemens
10.4.1 Siemens Company Information
10.4.2 Siemens Introduction and Business Overview
10.4.3 Siemens Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Siemens Power Transmission Components Products Offered
10.4.5 Siemens Recent Development
10.5 Crompton Greaves
10.5.1 Crompton Greaves Company Information
10.5.2 Crompton Greaves Introduction and Business Overview
10.5.3 Crompton Greaves Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Crompton Greaves Power Transmission Components Products Offered
10.5.5 Crompton Greaves Recent Development
10.6 General Electric
10.6.1 General Electric Company Information
10.6.2 General Electric Introduction and Business Overview
10.6.3 General Electric Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.6.4 General Electric Power Transmission Components Products Offered
10.6.5 General Electric Recent Development
10.7 Hitachi
10.7.1 Hitachi Company Information
10.7.2 Hitachi Introduction and Business Overview
10.7.3 Hitachi Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Hitachi Power Transmission Components Products Offered
10.7.5 Hitachi Recent Development
10.8 Schneider
10.8.1 Schneider Company Information
10.8.2 Schneider Introduction and Business Overview
10.8.3 Schneider Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Schneider Power Transmission Components Products Offered
10.8.5 Schneider Recent Development
10.9 Mitsubishi
10.9.1 Mitsubishi Company Information
10.9.2 Mitsubishi Introduction and Business Overview
10.9.3 Mitsubishi Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Mitsubishi Power Transmission Components Products Offered
10.9.5 Mitsubishi Recent Development
10.10 Hyundai
10.10.1 Hyundai Company Information
10.10.2 Hyundai Introduction and Business Overview
10.10.3 Hyundai Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Hyundai Power Transmission Components Products Offered
10.10.5 Hyundai Recent Development
10.11 BHEL
10.11.1 BHEL Company Information
10.11.2 BHEL Introduction and Business Overview
10.11.3 BHEL Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.11.4 BHEL Power Transmission Components Products Offered
10.11.5 BHEL Recent Development
10.12 Emerson
10.12.1 Emerson Company Information
10.12.2 Emerson Introduction and Business Overview
10.12.3 Emerson Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Emerson Power Transmission Components Products Offered
10.12.5 Emerson Recent Development
10.13 ZTT
10.13.1 ZTT Company Information
10.13.2 ZTT Introduction and Business Overview
10.13.3 ZTT Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.13.4 ZTT Power Transmission Components Products Offered
10.13.5 ZTT Recent Development
10.14 L&T
10.14.1 L&T Company Information
10.14.2 L&T Introduction and Business Overview
10.14.3 L&T Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.14.4 L&T Power Transmission Components Products Offered
10.14.5 L&T Recent Development
10.15 Tebian Electric
10.15.1 Tebian Electric Company Information
10.15.2 Tebian Electric Introduction and Business Overview
10.15.3 Tebian Electric Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Tebian Electric Power Transmission Components Products Offered
10.15.5 Tebian Electric Recent Development
10.16 Apar
10.16.1 Apar Company Information
10.16.2 Apar Introduction and Business Overview
10.16.3 Apar Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Apar Power Transmission Components Products Offered
10.16.5 Apar Recent Development
10.17 Sterlite
10.17.1 Sterlite Company Information
10.17.2 Sterlite Introduction and Business Overview
10.17.3 Sterlite Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Sterlite Power Transmission Components Products Offered
10.17.5 Sterlite Recent Development
10.18 KEC International
10.18.1 KEC International Company Information
10.18.2 KEC International Introduction and Business Overview
10.18.3 KEC International Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.18.4 KEC International Power Transmission Components Products Offered
10.18.5 KEC International Recent Development
10.19 SAE
10.19.1 SAE Company Information
10.19.2 SAE Introduction and Business Overview
10.19.3 SAE Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.19.4 SAE Power Transmission Components Products Offered
10.19.5 SAE Recent Development
10.20 Aster
10.20.1 Aster Company Information
10.20.2 Aster Introduction and Business Overview
10.20.3 Aster Power Transmission Components Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Aster Power Transmission Components Products Offered
10.20.5 Aster Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Power Transmission Components Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Power Transmission Components Industrial Chain Analysis
11.4 Power Transmission Components Market Dynamics
11.4.1 Power Transmission Components Industry Trends
11.4.2 Power Transmission Components Market Drivers
11.4.3 Power Transmission Components Market Challenges
11.4.4 Power Transmission Components Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Power Transmission Components Distributors
12.3 Power Transmission Components Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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