Global High-voltage Switchgear Market 2015-2019

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Transcript of Global High-voltage Switchgear Market 2015-2019

Page 1: Global High-voltage Switchgear Market 2015-2019

Global High-voltage Switchgear Market 2015-2019

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Global High-voltage Switchgear Market 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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Global High-voltage Switchgear Market 2015-

2019,please mail us at

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Key Trends

Technavio’s Senior Analyst says, “Overall, vendors have slowly started to shift from conventional high voltage switchgears to innovative high voltage switchgears. Several organizations prefer the latter to improve efficiency and to reduce power transmission losses. Vendors are now investing more in R&D, where they are trying to design and develop equipment that is equipped with innovative technology.”

• A switchgear is defined as a combination of electrical disconnect switches, circuit breakers, protective relays, and other components such as disconnectors, busbars, enclosures, and fuses. The use of switchgear enables the continuous transfer of electric current and protection against current overload, short circuit, and insulation failure. It is designed to protect, control, and isolate electrical transmission and distribution networks, substations, and other electrical equipment.

•Technavio's analysts forecast the global high-voltage switchgear market to grow at a CAGR of 12.89% over the period 2014-2019.

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• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Global High-voltage Switchgear Market 2015-2019

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Vendors

To understand the vendor landscape and for a full list of vendors view our report:

Global High-voltage Switchgear Market 2015-2019

ABB

Alstom Grid

General Electric

ABB is one of the world's largest conglomerates. It offers power and automation technologies for utility and industrial customers. Its products include switchgears, circuit breakers, capacitors, sensors, motor control centers, integrated power and automation solutions, programmable logic controllers, robots and robotics, solar inverters, and wind converters.

Alstom Grid is a subsidiary of Alstom, a global leader in rail infrastructure, power generation, and power transmission. The company is specialized in designing, manufacturing, and installing high- and medium-voltage products (circuit breakers, disconnectors, bushings) that serve the Utility, Oil and Gas, and Metals and Mining industries.

General Electric was established in1892 and is headquartered in Fairfield, Connecticut, US. It offers infrastructure, healthcare, and financial services.

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Market Landscape

• The increase in investment in renewable energy projects across the globe is expected to result in the steady growth of this market.

• Several developed and developing countries such as the US, Germany, India, and China have started investing in solar and wind power projects to tackle environmental issues such as the increase in carbon emissions.

• In addition, in several developing countries, especially China and India, several transmission and construction projects are underway and many more are in the pipeline, which is expected to drive the high voltage switchgear market during the forecast period.

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Key Buying CriteriaGuest Bloggers

• Authenticity • Delivery • Price• Service

Support

Parameter Details

High Accuracy

The advanced features and functionalities of switchgear ensure accuracy in performance.

Cost of Ownership Switchgear vendors should provide products at minimal cost.

Reliability Switchgears should be able to perform operations consistently.

Service and Support Switchgear vendors should provide service and maintenance support.

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• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

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Global High-voltage Switchgear Market 2015-2019

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